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BBB screwing over professional gamblers is 180

...
Pearly toilet seat forum
  07/02/25
how does it do that?
vibrant green crackhouse gaping
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Pearly toilet seat forum
  07/02/25
...
Bright Dead Dopamine Organic Girlfriend
  07/02/25
wow lol
vibrant green crackhouse gaping
  07/02/25
...
Bright Dead Dopamine Organic Girlfriend
  07/02/25
This is actually very good
costumed useless brakes
  07/02/25
...
talented black double fault shrine
  07/04/25
LOL, fuck CSLG
Aromatic address new version
  07/02/25
wow
Slap-happy Circlehead
  07/02/25
Lol
talented black double fault shrine
  07/04/25
or in this guy's case, you pay tx on $1 million!
Aromatic address new version
  07/04/25
all of those professional gamblers and poker players are com...
galvanic parlor
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Crystalline rehab round eye
  07/02/25
Pros aren't using apps.
Copper harsh mexican institution
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Crystalline rehab round eye
  07/02/25
You can't deduct losses at all unless you are a pro.
Copper harsh mexican institution
  07/02/25
i get that youre running retard shtick bait now but we all k...
Crystalline rehab round eye
  07/02/25
why did that even get added? seems totally random considerin...
charismatic lilac doctorate
  07/02/25
someone in the senate added it last minute. no idea who, but...
Pearly toilet seat forum
  07/02/25
...
provocative karate step-uncle's house
  07/02/25
This is 180. Get the pros out.
Copper harsh mexican institution
  07/02/25
...
Ultramarine nighttime point filthpig
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Aromatic address new version
  07/04/25
Lol 180
talented black double fault shrine
  07/04/25
Yeah, now if only they had done the same thing with upping t...
talented black double fault shrine
  07/04/25
they should update the outdated jackpot threshold while they...
Electric Cobalt Scourge Upon The Earth Mother
  07/02/25
The Kenny Amendment
Alcoholic slimy garrison
  07/02/25
The Better Business Bureau are unelected tyrants
Crawly henna community account
  07/02/25
.
sticky lodge
  07/02/25
...
Fantasy-prone ivory dilemma partner
  07/05/25
I love how the party of limited government thinks it's 180 f...
Razzle red kitty
  07/02/25
Just win your bets dude
Crawly henna community account
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Kink-friendly range turdskin
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
costumed useless brakes
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
confused puce dingle berry center
  07/03/25
180
Cordovan school giraffe
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Aromatic address new version
  07/04/25
“If this goes through as it is written, I would basica...
Ultramarine nighttime point filthpig
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Orchid locus
  07/04/25
...
Pearly toilet seat forum
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Ultramarine nighttime point filthpig
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Aromatic address new version
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
turquoise wild piazza persian
  07/04/25
...
Maroon macaca
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
talented black double fault shrine
  07/05/25
Trade or business expense for professional gamblers and is 1...
drab temple sneaky criminal
  07/04/25
can an AI give legal advice?
Aromatic address new version
  07/04/25
online poker was fucked already and hardly anyone was making...
swashbuckling chartreuse stage
  07/04/25
How does the government know how much you won or lost playin...
Wonderful Jade Brunch
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Wonderful Jade Brunch
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
Slap-happy Circlehead
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Wonderful Jade Brunch
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Aromatic address new version
  07/04/25
if a lib did this xo would be screeching at the top of its l...
disrespectful dashing death wish chad
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Ultramarine nighttime point filthpig
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Pearly toilet seat forum



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: vibrant green crackhouse gaping

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: Pearly toilet seat forum

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: Bright Dead Dopamine Organic Girlfriend



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: vibrant green crackhouse gaping

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: Bright Dead Dopamine Organic Girlfriend



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: costumed useless brakes

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: talented black double fault shrine



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Aromatic address new version

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: Slap-happy Circlehead

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: talented black double fault shrine

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Aromatic address new version

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: galvanic parlor

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: Crystalline rehab round eye

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: Copper harsh mexican institution

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: Crystalline rehab round eye

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: Copper harsh mexican institution

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: Crystalline rehab round eye

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: charismatic lilac doctorate

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: Pearly toilet seat forum

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: provocative karate step-uncle's house



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Copper harsh mexican institution

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: Ultramarine nighttime point filthpig



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Aromatic address new version

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: talented black double fault shrine

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: talented black double fault shrine

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: Electric Cobalt Scourge Upon The Earth Mother

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: Alcoholic slimy garrison

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: Crawly henna community account

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: sticky lodge

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Fantasy-prone ivory dilemma partner



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Razzle red kitty

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: Crawly henna community account

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: Kink-friendly range turdskin

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: costumed useless brakes

?

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: confused puce dingle berry center

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: Cordovan school giraffe

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Aromatic address new version

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: Ultramarine nighttime point filthpig

“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: Orchid locus

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: Pearly toilet seat forum



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Ultramarine nighttime point filthpig

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: Aromatic address new version

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: turquoise wild piazza persian

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: Maroon macaca



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: talented black double fault shrine

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: drab temple sneaky criminal

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: Aromatic address new version

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: swashbuckling chartreuse stage

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: Wonderful Jade Brunch

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: Wonderful Jade Brunch

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: Slap-happy Circlehead

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: Wonderful Jade Brunch

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: Aromatic address new version

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: disrespectful dashing death wish chad

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: Ultramarine nighttime point filthpig

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)