When you go out to gamble, how much cash do you carry and if you hide some--- where do you hide it?
This information will be kept private:wink:
This information will be kept private:wink:
How Much Cash Do You Carry?
- Thread starter Tennesseejoe
- Start date
Voodoo Daddy
One Pocket 101
Depends...every situation is different. Here are some money carrying alternatives;
http://www.thesavvytraveller.com/tools/enroute/leg_wallet.htm
http://www.spysite.com/catalog/All-Terrain-Money-Belt-p-27626.html
Its either that or a sidearm, depending on your questioning level of safety. Either way, good luck.
http://www.thesavvytraveller.com/tools/enroute/leg_wallet.htm
http://www.spysite.com/catalog/All-Terrain-Money-Belt-p-27626.html
Its either that or a sidearm, depending on your questioning level of safety. Either way, good luck.
Last edited:
Some places say you can only " legally " carry $10,000 on you.
that place is called the USA
Really - I contacted airlines once and they told me there was no limit to take on a plane as long as it was not international.
i carry my rubber check book.
50 cents 
If I go somewhere specifically to gamble I take $1,500 for each night I plan on being out unless stakes are already discussed.
And if I remember correctly you can carry more that $10,000 even in the US. But if you spend $10k or more in one spot the accepting party has to report it to the IRS.
And if I remember correctly you can carry more that $10,000 even in the US. But if you spend $10k or more in one spot the accepting party has to report it to the IRS.
Last edited:
PMS
Most Banks will limit cash withdraws from ATM to $ 600 a day (week end) by Default. You can request a higher limit. If you are traveling, Wire transfers work well at any bank. But you must first set up a wire transfer number. From the time you walk in a strange bank until you walk out with the cash, takes less than an hour.
BTW I now leave home without IT. A tiff with Am Ex about 10 years ago and I told them where to put it. Most places no longer take Am Ex so it was no loss in any way. Credit Cards have a "Use it or Lose It" Policy. I have had several canceled because I didn't use it.
Pocket Change just a couple of bucks in Quarters.
all of it.
I originally thought so as well and that still may be correct but I recently purchased a motorcycle at a dealer and paid $12k cash. I had to fill out the same/similar forms that I do at the bank saying where I got it and such. A couple days later I got a copy from the IRS just the same as well. Perhaps I was just filling it out for their bank deposit because they are lazy a$$e$. I don't know i'm not an accountant. When someone pays my company cash for something I just deposit $9,999 for however many days it takes :grin:.
Last edited:
I ain't telling! :grin:
you are still getting reported
The banks also have to report suspicious patterns of deposits over $5000 or $7500, I forget which. Deliberately ducking the $10,000 rule fits that pattern. There is a requirement to report large cash purchases too, all part of big brother looking out for us. I did slide around that when I purchased land from individuals I believe, paying up to $40,000 for it. Nothing illegal but at the same time I figured it was my business.
As for how much cash I carry, the answer is not very much. I'm not planning to lose so two or three barrels is the most I am toting plus cash for cheap meals and the occasional drink that don't go on plastic.
For years I left home every night with $20, that was part of the challenge. I have left on road trips without much more. It is a lot more fun to make a toothpick into a lumberyard than a lumberyard into a toothpick!
Hu
The banks also have to report suspicious patterns of deposits over $5000 or $7500, I forget which. Deliberately ducking the $10,000 rule fits that pattern. There is a requirement to report large cash purchases too, all part of big brother looking out for us. I did slide around that when I purchased land from individuals I believe, paying up to $40,000 for it. Nothing illegal but at the same time I figured it was my business.
As for how much cash I carry, the answer is not very much. I'm not planning to lose so two or three barrels is the most I am toting plus cash for cheap meals and the occasional drink that don't go on plastic.
For years I left home every night with $20, that was part of the challenge. I have left on road trips without much more. It is a lot more fun to make a toothpick into a lumberyard than a lumberyard into a toothpick!
Hu
cant be true-Maybe you have to declare it when traveling but you can carry what you want imho.
I heard about some guy who won the lottery and was bringing a couple hundred thousand to Strip Clubs!! He was very popular with the ladies.
NYC cue dude
Banned
I forgot the specific name of the law/act, but the law
assumes that by depositing nominally less than the 10k, that you are intentionally trying to circumvent the law. it is DEFINETELY A CLOSED CASE FELONY.
I recall that it was one of the charges against Elliot spitzer, at the time.
If when you deposit over 10k (sometimes in NYC LESS), read the fine print on the disclosure form. I'd stop that practice now.
Rg
At times and in certain situations, I have been known to carry as much as 19 dollars. My wife usually holds the rest....
Junkyard
I know a car Salesman-Finance guy and will have to ask him. Last car I bought for Greenbacks was in 1982 for my now ex. It was exactly 10K because that what I took into the dealership. After selecting a car I opened a briefcase and said take it or leave it. After chasing me down as I started to drive away they took it. Have to admit, best car deal I ever made tax title and License out the door.