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BBB screwing over professional gamblers is 180

...
Comical Institution Indirect Expression
  07/02/25
how does it do that?
Unholy tantric whorehouse circlehead
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Comical Institution Indirect Expression
  07/02/25
...
Obsidian bateful quadroon jew
  07/02/25
wow lol
Unholy tantric whorehouse circlehead
  07/02/25
...
Obsidian bateful quadroon jew
  07/02/25
This is actually very good
twinkling nighttime market
  07/02/25
...
laughsome rehab faggotry
  07/04/25
LOL, fuck CSLG
Deep twisted church building generalized bond
  07/02/25
wow
jet exhilarant property
  07/02/25
Lol
laughsome rehab faggotry
  07/04/25
or in this guy's case, you pay tx on $1 million!
Deep twisted church building generalized bond
  07/04/25
all of those professional gamblers and poker players are com...
flirting insanely creepy school cafeteria
  07/02/25
yeah this is like raising taxes on income from drug traffick...
aromatic godawful den
  07/02/25
Pros aren't using apps.
Tan house weed whacker
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
aromatic godawful den
  07/02/25
You can't deduct losses at all unless you are a pro.
Tan house weed whacker
  07/02/25
i get that youre running retard shtick bait now but we all k...
aromatic godawful den
  07/02/25
why did that even get added? seems totally random considerin...
diverse rusted kitty cat
  07/02/25
someone in the senate added it last minute. no idea who, but...
Comical Institution Indirect Expression
  07/02/25
...
Apoplectic lake factory reset button
  07/02/25
This is 180. Get the pros out.
Tan house weed whacker
  07/02/25
...
trip aggressive toaster trailer park
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Deep twisted church building generalized bond
  07/04/25
Lol 180
laughsome rehab faggotry
  07/04/25
Yeah, now if only they had done the same thing with upping t...
laughsome rehab faggotry
  07/04/25
they should update the outdated jackpot threshold while they...
ultramarine vibrant roommate associate
  07/02/25
The Kenny Amendment
flushed half-breed theater stage
  07/02/25
The Better Business Bureau are unelected tyrants
Autistic abnormal casino chad
  07/02/25
.
Cerebral Mentally Impaired Wagecucks
  07/02/25
...
Floppy corn cake feces
  07/05/25
I love how the party of limited government thinks it's 180 f...
maize hominid
  07/02/25
Just win your bets dude
Autistic abnormal casino chad
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
buck-toothed burgundy field
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
twinkling nighttime market
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
swashbuckling bossy milk public bath
  07/03/25
180
Exciting sweet tailpipe ticket booth
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Deep twisted church building generalized bond
  07/04/25
“If this goes through as it is written, I would basica...
trip aggressive toaster trailer park
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
dun fear-inspiring mexican mediation
  07/04/25
...
Comical Institution Indirect Expression
  07/04/25
we should crowdsource buying the syndication rights to Poker...
trip aggressive toaster trailer park
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Deep twisted church building generalized bond
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
electric charcoal pit
  07/04/25
...
Yapping lodge
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
laughsome rehab faggotry
  07/05/25
Trade or business expense for professional gamblers and is 1...
outnumbered startling forum
  07/04/25
can an AI give legal advice?
Deep twisted church building generalized bond
  07/04/25
online poker was fucked already and hardly anyone was making...
Soggy Pink Set Laser Beams
  07/04/25
How does the government know how much you won or lost playin...
Irradiated church
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Irradiated church
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
jet exhilarant property
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Irradiated church
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Deep twisted church building generalized bond
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Fragrant Abode
  07/05/25
not allowing GC twats to create a Biff future is core conser...
trip aggressive toaster trailer park
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Comical Institution Indirect Expression



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Unholy tantric whorehouse circlehead

how does it do that?

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



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: Comical Institution Indirect Expression

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...id.#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Obsidian bateful quadroon jew



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Unholy tantric whorehouse circlehead

wow lol

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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Obsidian bateful quadroon jew



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: twinkling nighttime market

This is actually very good

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: laughsome rehab faggotry



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Deep twisted church building generalized bond

LOL, fuck CSLG

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



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: jet exhilarant property

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: laughsome rehab faggotry

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Deep twisted church building generalized bond

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

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



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: flirting insanely creepy school cafeteria

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...id.#49066412)



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: aromatic godawful den

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...id.#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: Tan house weed whacker

Pros aren't using apps.

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



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: aromatic godawful den

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...id.#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Tan house weed whacker

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

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



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: aromatic godawful den

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...id.#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: diverse rusted kitty cat

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...id.#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Comical Institution Indirect Expression

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...id.#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: Apoplectic lake factory reset button



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Tan house weed whacker

This is 180. Get the pros out.

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



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: trip aggressive toaster trailer park



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Deep twisted church building generalized bond

this guy:

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

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



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: laughsome rehab faggotry

Lol 180

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



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: laughsome rehab faggotry

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...id.#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: ultramarine vibrant roommate associate

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...id.#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: flushed half-breed theater stage

The Kenny Amendment

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



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: Autistic abnormal casino chad

The Better Business Bureau are unelected tyrants

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



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: Cerebral Mentally Impaired Wagecucks

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Floppy corn cake feces



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: maize hominid

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...id.#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: Autistic abnormal casino chad

Just win your bets dude

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



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: buck-toothed burgundy field

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...id.#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: twinkling nighttime market

?

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...id.#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: swashbuckling bossy milk public bath

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...id.#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: Exciting sweet tailpipe ticket booth

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Deep twisted church building generalized bond

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...id.#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: trip aggressive toaster trailer park

“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...id.#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: dun fear-inspiring mexican mediation

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...id.#49072432)



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: Comical Institution Indirect Expression



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: trip aggressive toaster trailer park

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...id.#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Deep twisted church building generalized bond

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...id.#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: electric charcoal pit

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...id.#49072455)



Reply Favorite

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



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: laughsome rehab faggotry

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...id.#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: outnumbered startling forum

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...id.#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: Deep twisted church building generalized bond

can an AI give legal advice?

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



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: Soggy Pink Set Laser Beams

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...id.#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: Irradiated church

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...id.#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: Irradiated church

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

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



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: jet exhilarant property

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...id.#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: Irradiated church

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...id.#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Deep twisted church building generalized bond

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

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



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Fragrant Abode

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...id.#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: trip aggressive toaster trailer park

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...id.#49073722)