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BBB screwing over professional gamblers is 180

...
Bateful Dingle Berry Degenerate
  07/02/25
how does it do that?
Lascivious church building
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Bateful Dingle Berry Degenerate
  07/02/25
...
Cerise round eye
  07/02/25
wow lol
Lascivious church building
  07/02/25
...
Cerise round eye
  07/02/25
This is actually very good
Black Stock Car Institution
  07/02/25
...
ocher principal's office
  07/04/25
LOL, fuck CSLG
Boyish native immigrant
  07/02/25
wow
swashbuckling meetinghouse
  07/02/25
Lol
ocher principal's office
  07/04/25
or in this guy's case, you pay tx on $1 million!
Boyish native immigrant
  07/04/25
all of those professional gamblers and poker players are com...
wine corner stain
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Glassy menage
  07/02/25
Pros aren't using apps.
Avocado Cruise Ship Electric Furnace
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Glassy menage
  07/02/25
You can't deduct losses at all unless you are a pro.
Avocado Cruise Ship Electric Furnace
  07/02/25
i get that youre running retard shtick bait now but we all k...
Glassy menage
  07/02/25
why did that even get added? seems totally random considerin...
buff appetizing point
  07/02/25
someone in the senate added it last minute. no idea who, but...
Bateful Dingle Berry Degenerate
  07/02/25
...
maize vengeful french chef market
  07/02/25
This is 180. Get the pros out.
Avocado Cruise Ship Electric Furnace
  07/02/25
...
Slippery yellow shrine
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Boyish native immigrant
  07/04/25
Lol 180
ocher principal's office
  07/04/25
Yeah, now if only they had done the same thing with upping t...
ocher principal's office
  07/04/25
they should update the outdated jackpot threshold while they...
Magical Reading Party Genital Piercing
  07/02/25
The Kenny Amendment
Navy field
  07/02/25
The Better Business Bureau are unelected tyrants
Vigorous Orange Plaza
  07/02/25
.
chestnut ticket booth juggernaut
  07/02/25
...
Overrated alcoholic parlor
  07/05/25
I love how the party of limited government thinks it's 180 f...
sienna idiot
  07/02/25
Just win your bets dude
Vigorous Orange Plaza
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Indigo hilarious station
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Black Stock Car Institution
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Histrionic Whorehouse
  07/03/25
180
Provocative big-titted stead voyeur
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Boyish native immigrant
  07/04/25
“If this goes through as it is written, I would basica...
Slippery yellow shrine
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Poppy headpube cuck
  07/04/25
...
Bateful Dingle Berry Degenerate
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Slippery yellow shrine
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Boyish native immigrant
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Frozen international law enforcement agency spot
  07/04/25
...
Yapping indian lodge incel
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
ocher principal's office
  07/05/25
Trade or business expense for professional gamblers and is 1...
Impertinent Charismatic School Cafeteria
  07/04/25
can an AI give legal advice?
Boyish native immigrant
  07/04/25
online poker was fucked already and hardly anyone was making...
Painfully Honest Business Firm Wagecucks
  07/04/25
How does the government know how much you won or lost playin...
Pale stimulating azn
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Pale stimulating azn
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
swashbuckling meetinghouse
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Pale stimulating azn
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Boyish native immigrant
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Arousing Keepsake Machete
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Slippery yellow shrine
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Bateful Dingle Berry Degenerate



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066385)



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Lascivious church building

how does it do that?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066387)



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: Bateful Dingle Berry Degenerate

limits gambling loss offsets to 90%. so say you break even with 100k winnings and 100k losses. you have to pay tax on 10K income.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Cerise round eye



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066406)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Lascivious church building

wow lol

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066407)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Cerise round eye



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066410)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Black Stock Car Institution

This is actually very good

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066414)



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: ocher principal's office



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072917)



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Boyish native immigrant

LOL, fuck CSLG

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066455)



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: swashbuckling meetinghouse

wow

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49067169)



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: ocher principal's office

Lol

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072916)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Boyish native immigrant

or in this guy's case, you pay tx on $1 million!

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49073183)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: wine corner stain

all of those professional gamblers and poker players are complete tax frauds anyways

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066412)



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: Glassy menage

yeah this is like raising taxes on income from drug trafficking.

this will probably fuck over draftkings addicts which imagine is the whole point.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: Avocado Cruise Ship Electric Furnace

Pros aren't using apps.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066987)



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: Glassy menage

no shit. im agreeing that this wont hurt the pros but seems more targeting at the apps.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Avocado Cruise Ship Electric Furnace

You can't deduct losses at all unless you are a pro.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49067162)



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: Glassy menage

i get that youre running retard shtick bait now but we all know youre actually a retard too

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: buff appetizing point

why did that even get added? seems totally random considering how thoroughly gambling has Taken Over in the US recently

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Bateful Dingle Berry Degenerate

someone in the senate added it last minute. no idea who, but its 18000000

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: maize vengeful french chef market



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066690)



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Avocado Cruise Ship Electric Furnace

This is 180. Get the pros out.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066788)



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: Slippery yellow shrine



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072404)



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Boyish native immigrant

this guy:

https://frontofficesports.com/mike-crapo-gambing-big-beautiful-bill/

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072539)



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: ocher principal's office

Lol 180

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072921)



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: ocher principal's office

Yeah, now if only they had done the same thing with upping the remittance tax and fully deregulating small arms.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: Magical Reading Party Genital Piercing

they should update the outdated jackpot threshold while they are at it... it was set in the 1970s at $1200 but has not been updated since then to account for inflation.

https://www.casino.org/news/legislation-increase-tax-reporting-threshold-slot-machines-reintroduced/

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: Navy field

The Kenny Amendment

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066753)



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: Vigorous Orange Plaza

The Better Business Bureau are unelected tyrants

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066846)



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: chestnut ticket booth juggernaut

.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066989)



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Overrated alcoholic parlor



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49073704)



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: sienna idiot

I love how the party of limited government thinks it's 180 for the bill to tax bets that players never even won. What a fucking joke

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: Vigorous Orange Plaza

Just win your bets dude

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49066885)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Indigo hilarious station

correct -- pick winners at a 60% rate to break even and then the rest is easy profit

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: Black Stock Car Institution

?

I you bet $100 and you lose $100, you don't need to pay tax on top of the $100.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: Histrionic Whorehouse

I think this bill was the opening of war on tipping. I'm not doing more than 10% once tax free. Hopefully it goes to 0

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: Provocative big-titted stead voyeur

180

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49068909)



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Boyish native immigrant

I bet 90-95% of professional gamblers voted for Trump/Cons. Amazing how they fucked them over.

Apparently it was one senator who slipped this provision in at the last minute, presumably before gambling lobbyists could spot it...

https://frontofficesports.com/mike-crapo-gambing-big-beautiful-bill/

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: Slippery yellow shrine

“If this goes through as it is written, I would basically just have to stop,” one professional gambler told FOS. “If I win $100 million and lose $99 million, that would be a great year, to have $1 million in profit! But with this bill, I would have to pay taxes on about $10 million in ‘gains’, which would turn my year into a $2 million loss.”

Poker player and author Maria Konnikova also walked through the math of how this would affect card players “If the purpose of this bill is to kill poker and stop people from playing, mission accomplished,” she told FOS. “The provision hurts you whether you have a winning year or a losing year—and the poker ecosystem is unlikely to survive the change.”

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: Poppy headpube cuck

oh man...the poker ecosystem is unlikely to survive! What will we do?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072432)



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: Bateful Dingle Berry Degenerate



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072440)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Slippery yellow shrine

we should crowdsource buying the syndication rights to Poker at Night and other shows like that. people will be watching that shit for decades to get a glimpse of what once was. like watching leave it to beaver

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Boyish native immigrant

I wonder why they picked 90%, seems so arbitrary. only thing I can think of is that it's targeted at slot players because dont most slot machines give 90% payback, so for slot patrons I guess this evens out and only fucks over poker players (perhaps inadvertently).

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Frozen international law enforcement agency spot

180 but it should tax all wins from sports gambling apps at 90%

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072455)



Reply Favorite

Date: July 4th, 2025 5:46 PM
Author: Yapping indian lodge incel



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072470)



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: ocher principal's office

Tbh I'd be fine with leaving poker alone as long as we can put draftkings out of business

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: Impertinent Charismatic School Cafeteria

Trade or business expense for professional gamblers and is 100% deductible. This is legal advice.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: Boyish native immigrant

can an AI give legal advice?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072541)



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: Painfully Honest Business Firm Wagecucks

online poker was fucked already and hardly anyone was making money at it anymore.

seems like live cash players will continue underreporting. live tournaments are going to take a huge hit.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: Pale stimulating azn

How does the government know how much you won or lost playing poker in Vegas? Can't you just lie about losses?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: Pale stimulating azn

https://x.com/PhilGalfond/status/1940198538493010316

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072961)



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: swashbuckling meetinghouse

cr it's obviously a big deal if you're a high volume poker player

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: Pale stimulating azn

https://forumserver.twoplustwo.com/29/news-views-gossip/big-beautiful-bill-potentially-very-bad-poker-players-us-1849192/index15.html

-No issue with this bill. Just means you need to collect 10% more losing horse betting slips!

-In reality it does suck, nothing good about, only bad. Mainly bad for high buyin tourney players and online players. Not really an issue for anyone else with some common sense.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Boyish native immigrant

https://x.com/Benny_Lapdance/status/1941168230984466799

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49073181)



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Arousing Keepsake Machete

if a lib did this xo would be screeching at the top of its lungs about nanny state bullshit

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: Slippery yellow shrine

not allowing GC twats to create a Biff future is core conservatism, you retarded shitlib

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2/en-en/#49073722)