Hello everyone.

I have a sports book that I use to be sports on daily. I live in NY and when I get a payout there's a new option for Bitcoin. Whatever you cash out from the sports book, $1000 being the maximum, they'll send to you the amount in Bitcoin to I guess your wallet address or whatever.

I did a little research and figured out that you'll need to use block chain to receive the Bitcoin, transfer to coin base, then sell it, then transfer to your bank account.

I make 600-1000$ a week on the betting, and would get 2-4.5 or so in Bitcoin a week.

Regarding taxes, how would I go about paying taxes if necessary? And how much would the taxes be?

Any and all advice would help

Thank you