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BBB screwing over professional gamblers is 180

...
Lascivious Magical Native Knife
  07/02/25
how does it do that?
Cream orchestra pit associate
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Lascivious Magical Native Knife
  07/02/25
...
cerebral coldplay fan scourge upon the earth
  07/02/25
wow lol
Cream orchestra pit associate
  07/02/25
...
cerebral coldplay fan scourge upon the earth
  07/02/25
This is actually very good
180 disgusting rehab police squad
  07/02/25
...
Obsidian half-breed locus
  07/04/25
LOL, fuck CSLG
Racy Godawful Windowlicker
  07/02/25
wow
orange locale
  07/02/25
Lol
Obsidian half-breed locus
  07/04/25
or in this guy's case, you pay tx on $1 million!
Racy Godawful Windowlicker
  07/04/25
all of those professional gamblers and poker players are com...
Fluffy tanning salon sandwich
  07/02/25
yeah this is like raising taxes on income from drug traffick...
bateful harsh national reading party
  07/02/25
Pros aren't using apps.
Appetizing Naked Resort
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
bateful harsh national reading party
  07/02/25
You can't deduct losses at all unless you are a pro.
Appetizing Naked Resort
  07/02/25
i get that youre running retard shtick bait now but we all k...
bateful harsh national reading party
  07/02/25
why did that even get added? seems totally random considerin...
Fear-inspiring black community account wagecucks
  07/02/25
someone in the senate added it last minute. no idea who, but...
Lascivious Magical Native Knife
  07/02/25
...
Startled hell really tough guy
  07/02/25
This is 180. Get the pros out.
Appetizing Naked Resort
  07/02/25
...
crusty out-of-control location mood
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Racy Godawful Windowlicker
  07/04/25
Lol 180
Obsidian half-breed locus
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Obsidian half-breed locus
  07/04/25
they should update the outdated jackpot threshold while they...
crimson provocative school cafeteria
  07/02/25
The Kenny Amendment
histrionic cuck
  07/02/25
The Better Business Bureau are unelected tyrants
emerald dilemma partner
  07/02/25
.
mint theatre
  07/02/25
...
Glittery Embarrassed To The Bone Library Becky
  07/05/25
I love how the party of limited government thinks it's 180 f...
glassy marvelous hospital laser beams
  07/02/25
Just win your bets dude
emerald dilemma partner
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Gaped public bath hominid
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
180 disgusting rehab police squad
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
chestnut bull headed french chef heaven
  07/03/25
180
Twisted institution
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Racy Godawful Windowlicker
  07/04/25
“If this goes through as it is written, I would basica...
crusty out-of-control location mood
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Garnet vengeful den
  07/04/25
...
Lascivious Magical Native Knife
  07/04/25
we should crowdsource buying the syndication rights to Poker...
crusty out-of-control location mood
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Racy Godawful Windowlicker
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
trip frum pocket flask
  07/04/25
...
Gay Stirring Office
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Obsidian half-breed locus
  07/05/25
Trade or business expense for professional gamblers and is 1...
self-centered spot
  07/04/25
can an AI give legal advice?
Racy Godawful Windowlicker
  07/04/25
online poker was fucked already and hardly anyone was making...
orchid corn cake station
  07/04/25
How does the government know how much you won or lost playin...
Drunken kitty cat
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Drunken kitty cat
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
orange locale
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Drunken kitty cat
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Racy Godawful Windowlicker
  07/04/25
if a lib did this xo would be screeching at the top of its l...
balding ticket booth shitlib
  07/05/25
not allowing GC twats to create a Biff future is core conser...
crusty out-of-control location mood
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Lascivious Magical Native Knife



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Cream orchestra pit associate

how does it do that?

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



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: Lascivious Magical Native Knife

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#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: cerebral coldplay fan scourge upon the earth



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Cream orchestra pit associate

wow lol

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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: cerebral coldplay fan scourge upon the earth



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: 180 disgusting rehab police squad

This is actually very good

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Obsidian half-breed locus



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Racy Godawful Windowlicker

LOL, fuck CSLG

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



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: orange locale

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Obsidian half-breed locus

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Racy Godawful Windowlicker

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

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



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Fluffy tanning salon sandwich

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#49066412)



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: bateful harsh national reading party

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#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: Appetizing Naked Resort

Pros aren't using apps.

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



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: bateful harsh national reading party

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#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Appetizing Naked Resort

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

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



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: bateful harsh national reading party

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#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Fear-inspiring black community account wagecucks

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#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Lascivious Magical Native Knife

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#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: Startled hell really tough guy



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Appetizing Naked Resort

This is 180. Get the pros out.

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



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: crusty out-of-control location mood



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Racy Godawful Windowlicker

this guy:

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

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



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: Obsidian half-breed locus

Lol 180

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



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: Obsidian half-breed locus

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#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: crimson provocative school cafeteria

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#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: histrionic cuck

The Kenny Amendment

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



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: emerald dilemma partner

The Better Business Bureau are unelected tyrants

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



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: mint theatre

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Glittery Embarrassed To The Bone Library Becky



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: glassy marvelous hospital laser beams

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#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: emerald dilemma partner

Just win your bets dude

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



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Gaped public bath hominid

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#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: 180 disgusting rehab police squad

?

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#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: chestnut bull headed french chef heaven

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#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: Twisted institution

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Racy Godawful Windowlicker

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#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: crusty out-of-control location mood

“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#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: Garnet vengeful den

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#49072432)



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: Lascivious Magical Native Knife



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: crusty out-of-control location mood

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#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Racy Godawful Windowlicker

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#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: trip frum pocket flask

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#49072455)



Reply Favorite

Date: July 4th, 2025 5:46 PM
Author: Gay Stirring Office



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Obsidian half-breed locus

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#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: self-centered spot

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#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: Racy Godawful Windowlicker

can an AI give legal advice?

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



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: orchid corn cake station

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#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: Drunken kitty cat

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#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: Drunken kitty cat

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

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



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: orange locale

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#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: Drunken kitty cat

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#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Racy Godawful Windowlicker

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

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



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: balding ticket booth shitlib

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#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: crusty out-of-control location mood

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#49073722)