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Originally Posted by robfla
over 5000 is 28%
no tax taken out if below 5k
between 602-5000 you still have to sign but no taxes taken out
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this has been my experience
as a rule you want to make multiple $1 exotic wagers instead of $2 and above in hopes that your half will be under. There is nothing more deflating than to win $602.10. It's like losing but not. Everyone laughs and throws things at you.