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Holly Cow!!! I can't believe it!

Discussion in 'Online Casinos' started by 2brnot2b, Sep 9, 2005.

    Sep 9, 2005
  1. 2brnot2b

    2brnot2b Dormant account

    Sorry for making a separate thread, but look!!!!

    [​IMG]

    I deposited $50 and got $88 bonus. I hit that probably on my 20th spin! I still can't believe this! This is the biggest win I've hit and my first progressive ever! Now I'm not a virgin anymore! LOL

    Does anyone know what should I do with the tax? I mean, what form should I fill out and stuff. Or maybe you can direct me to a website with that information?

    Thanks in advance!

    Man, I think I'm going crazy right now LMAO
     
  2. Sep 9, 2005
  3. scrollock

    scrollock Senior Member

    Occupation:
    google
    Location:
    boro, uk
    very nice win and well done to you!

    for tax info it would help if we know where you are located.

    dont start celebrating till you have been paid, lets just say there has been a few payment problems with this group recently, which has led to one of its sister casinos being rogued on this site.
     
  4. Sep 9, 2005
  5. 2brnot2b

    2brnot2b Dormant account

    Oh no! I hope I'll get paid. I did take a screenshot of the history also just to be safe.

    By the way, I live in Arizona.
     
  6. Sep 9, 2005
  7. Bruce Hamilton

    Bruce Hamilton Dormant account

    Occupation:
    What's a job?
    Location:
    USA
    Hope you read their You must register/login in order to see the link. page, especially this segment...
    It'll take you almost 8 months to collect, if you get paid at all. :eek:
     
  8. Sep 9, 2005
  9. slotchik

    slotchik Dormant account

    Occupation:
    Marketing
    Location:
    USA
    No, it says the provision does NOT apply on progressive jackpot winnings.
     
  10. Sep 9, 2005
  11. thelawnet

    thelawnet Dormant account

    Occupation:
    programmer
    Location:
    UK
    Make sure you complete the wagering requirements :)

    Otherwise they will probably take the winnings away.
     
  12. Sep 9, 2005
  13. juliette

    juliette Dormant account

    Occupation:
    student
    Location:
    now abroad
    yeah, be sure to complete their T&C because (if not, like most of the casinos they will deny your withdraw...)
    and tell us if your withdraw will be succesful...
     
  14. Sep 9, 2005
  15. scrollock

    scrollock Senior Member

    Occupation:
    google
    Location:
    boro, uk
    6.5.3 You are aware of and agree that the maximum amount that a Player can cash-out is $10,000 USD (or the equivalent amount in EURO or GBP currency) per month. This provision will not apply on the progressive Jackpot winnings.

    wasn't it such a condition why CM placed cirrus on the "not recommended list"

    when he done so, his explanation was

    Added 30 June 2005


    Cirrus Casino
    Software provider: Real Time Gaming

    The Question

    Is this casino strapped for cash? Well, who knows but the casino staff. What is clear is that this casino will only pay you in chunks if you hit it big. The old paratrooper phrase comes to mind "Stay alert - stay alive!". This is something that all players should be alerted to.

    Stated in their terms and conditions:
    Players may request a withdrawal from their account at any time, but are limited to four withdrawals per month. The total withdrawal amount cannot exceed $8,000 per month. ($2,000.00 per week.) For High Rollers the limit is $12,000.00 per month. ($3,000.00 per week.)
    This is a problematic clause, and any casino with a clause like this should be avoided (unless of course you don't plan on cashing out more than this at any time).


    the more i think about it, the more i see the parallels between the virtual set-up & crown solutions.

    for example they both own a whole host of casinos but deny that they have the same owners.
     
  16. Sep 9, 2005
  17. Simmo!

    Simmo! Moderator

    Occupation:
    Web Dev.
    Location:
    England
    Bloody fantastic hit though. Well done :thumbsup: :D :thumbsup: :notworthy :eek2:

    You'll probably be fine - as i understand it, progressives are centralised and probably paid by the operator as i think most casinos chip in to prog jackpots. I may be wrong though.
     
  18. Sep 9, 2005
  19. Aindreas_Daoc

    Aindreas_Daoc Dormant account

    Location:
    USA
    Congratulations!!

    Don't sweat the money, I'm sure you'll get paid. Especially progressives, as the money usually comes out of a "pool" from all the casinos that are linked to that progressive.

    Just make sure you fulfill the terms of the bonus you get.

    Wow...really nice win. Congrats again. :notworthy

    Oh yeah, tax info: With that amount of money, you should probably hire a CPA in your area (probably runs around $200/hr tops) and figure out things together. If you have well documented gambling losses, the CPA can help you with that and the deductions alone should pay for the CPA's fee. Usually the CPA will tell you to save around 30% of it in CDs (or other liquid form of investment) that will mature around tax time, and you can send in the tax then.
     
    Last edited: Sep 9, 2005
  20. Sep 9, 2005
  21. slotchik

    slotchik Dormant account

    Occupation:
    Marketing
    Location:
    USA
    or have it sent to Neteller, and withdraw $1,000 a day with your neteller atm card...and not pay taxes....LOL

    Just kidding Mr. IRS...
     
  22. Sep 10, 2005
  23. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Holy Cow indeed! TOTALLY AWESOME! :thumbsup: :notworthy :thumbsup:

    I'm sure you'll make 100% sure you meet all the T&C's before withdrawing.
    Even if there is a limit - $8,000 a month? WOW!!!!

    Shame you're not in England - no IRS, no TAX! :D

    Enjoy your win! :thumbsup:
     
  24. Sep 10, 2005
  25. Bruce Hamilton

    Bruce Hamilton Dormant account

    Occupation:
    What's a job?
    Location:
    USA
    My bad... Didn't notice it was a progressive. :oops:
     
  26. Sep 10, 2005
  27. Ivy29

    Ivy29 Dormant account

    Occupation:
    Internet Time Waster
    Location:
    Midwest
    WTG!

    I am so glad you hit this (now that I figured out who you are especially ;)

    I couldn't buy a quarter with a $100 bill on that game, I figured it would roll to eleventy gazillion dollars and never hit.

    I hope you get paid, and soon. I think you will (or they'll be sorry :D )
     
  28. Sep 10, 2005
  29. slotchik

    slotchik Dormant account

    Occupation:
    Marketing
    Location:
    USA
    yes where are you?? did they give you a hard time at all?
     
  30. Sep 11, 2005
  31. players

    players Dormant account

    Occupation:
    student
    Location:
    nyu
    If this was for real money congratulations. Hope you get the money. Update us when you do.
     
  32. Sep 11, 2005
  33. ergopro

    ergopro Senior Member

    Occupation:
    Webmaster
    Location:
    Gamblers Anonymous
    Congrats on your huge hit =)
    Looks awesome...
     
  34. Sep 12, 2005
  35. Stilcho

    Stilcho Dormant account

    Occupation:
    hospitality industry
    Location:
    AZ
    grats on the win, ask IRS when it comes to how to pay this, arizona is one of the states that still dont know what to do about online gambling specially wiinings. I think they will ask around 25% from this, it's up to you how you want to do this. contact IRS in arizona and see what they have to say.
     
  36. Sep 14, 2005
  37. scrollock

    scrollock Senior Member

    Occupation:
    google
    Location:
    boro, uk
    have they paid you yet?
     
  38. Sep 16, 2005
  39. jonevegas

    jonevegas Dormant account

    Occupation:
    Compulsive Gambler
    Location:
    Gods Country Canada
    Let us know when you get paid.
     

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