So ... getting paid out on betonline (didn’t want to clog up the main thread unless this one gets no traction) or bovada, what’s the preferred method? I’d prefer not to run amok with the laws/irs and I’d be fine paying my taxes on this election win but will they find out if I take crypto payout? If I take wire transfer payout? I’ve bet online for a couple years and while I’ve won pretty well, I always went degenerate and by the end of football season ended up at zero by super bowl so never had anything to cash out. Fuck it, couple hundred to be entertained for 6 months was worth it.
But now that I actually won, I’m stuck on how to get paid and not break laws. Or break laws and not get caught (not that I’m advocating for that, just honestly never been paid so not sure what regular online gamblers do). I don’t do crypto but betonline said do cash app and it does have a Bitcoin area that seems straightforward but I’m worried that either
A) I buy Bitcoin and get paid out immediately but somehow my money evaporates into the ether cause I’m not familiar with Bitcoin and I’m screwed with $0 or
B ) I get Bitcoin and come April 2021 irs fucks me cause I don’t have paperwork to show I bought and immediately sold out of crypto.