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BBB screwing over professional gamblers is 180

...
frum aromatic halford kitchen
  07/02/25
how does it do that?
Apoplectic Mind-boggling Wagecucks
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
frum aromatic halford kitchen
  07/02/25
...
Green orchestra pit place of business
  07/02/25
wow lol
Apoplectic Mind-boggling Wagecucks
  07/02/25
...
Green orchestra pit place of business
  07/02/25
This is actually very good
Primrose rebellious rigpig genital piercing
  07/02/25
...
cordovan shivering step-uncle's house
  07/04/25
LOL, fuck CSLG
Cheese-eating dilemma indirect expression
  07/02/25
wow
rose cracking business firm
  07/02/25
Lol
cordovan shivering step-uncle's house
  07/04/25
or in this guy's case, you pay tx on $1 million!
Cheese-eating dilemma indirect expression
  07/04/25
all of those professional gamblers and poker players are com...
coral theatre
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Sepia stag film
  07/02/25
Pros aren't using apps.
histrionic piazza
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Sepia stag film
  07/02/25
You can't deduct losses at all unless you are a pro.
histrionic piazza
  07/02/25
i get that youre running retard shtick bait now but we all k...
Sepia stag film
  07/02/25
why did that even get added? seems totally random considerin...
spectacular blood rage cruise ship
  07/02/25
someone in the senate added it last minute. no idea who, but...
frum aromatic halford kitchen
  07/02/25
...
racy church building dopamine
  07/02/25
This is 180. Get the pros out.
histrionic piazza
  07/02/25
...
shimmering parlour scourge upon the earth
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Cheese-eating dilemma indirect expression
  07/04/25
Lol 180
cordovan shivering step-uncle's house
  07/04/25
Yeah, now if only they had done the same thing with upping t...
cordovan shivering step-uncle's house
  07/04/25
they should update the outdated jackpot threshold while they...
Sinister theater haunted graveyard
  07/02/25
The Kenny Amendment
diverse nursing home
  07/02/25
The Better Business Bureau are unelected tyrants
Sexy mint center doctorate
  07/02/25
.
Jet-lagged Fragrant Party Of The First Part Stock Car
  07/02/25
...
Contagious fluffy theater stage tank
  07/05/25
I love how the party of limited government thinks it's 180 f...
unholy brilliant sex offender
  07/02/25
Just win your bets dude
Sexy mint center doctorate
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
impressive titillating coldplay fan
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Primrose rebellious rigpig genital piercing
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Yellow roommate
  07/03/25
180
Marvelous Ladyboy
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Cheese-eating dilemma indirect expression
  07/04/25
“If this goes through as it is written, I would basica...
shimmering parlour scourge upon the earth
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
elite pit
  07/04/25
...
frum aromatic halford kitchen
  07/04/25
we should crowdsource buying the syndication rights to Poker...
shimmering parlour scourge upon the earth
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Cheese-eating dilemma indirect expression
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Copper gunner
  07/04/25
...
Pale resort
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
cordovan shivering step-uncle's house
  07/05/25
Trade or business expense for professional gamblers and is 1...
Gay Vivacious Plaza Clown
  07/04/25
can an AI give legal advice?
Cheese-eating dilemma indirect expression
  07/04/25
online poker was fucked already and hardly anyone was making...
Dull set
  07/04/25
How does the government know how much you won or lost playin...
trip burgundy electric furnace
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
trip burgundy electric furnace
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
rose cracking business firm
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
trip burgundy electric furnace
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Cheese-eating dilemma indirect expression
  07/04/25
if a lib did this xo would be screeching at the top of its l...
infuriating confused native
  07/05/25
not allowing GC twats to create a Biff future is core conser...
shimmering parlour scourge upon the earth
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: frum aromatic halford kitchen



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Apoplectic Mind-boggling Wagecucks

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: frum aromatic halford kitchen

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: Green orchestra pit place of business



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Apoplectic Mind-boggling Wagecucks

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: Green orchestra pit place of business



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Primrose rebellious rigpig genital piercing

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: cordovan shivering step-uncle's house



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Cheese-eating dilemma indirect expression

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: rose cracking business firm

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: cordovan shivering step-uncle's house

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Cheese-eating dilemma indirect expression

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: coral theatre

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: Sepia stag film

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: histrionic piazza

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: Sepia stag film

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: histrionic piazza

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: Sepia stag film

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: spectacular blood rage cruise ship

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: frum aromatic halford kitchen

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: racy church building dopamine



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: histrionic piazza

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: shimmering parlour scourge upon the earth



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Cheese-eating dilemma indirect expression

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: cordovan shivering step-uncle's house

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: cordovan shivering step-uncle's house

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: Sinister theater haunted graveyard

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: diverse nursing home

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: Sexy mint center doctorate

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: Jet-lagged Fragrant Party Of The First Part Stock Car

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Contagious fluffy theater stage tank



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: unholy brilliant sex offender

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: Sexy mint center doctorate

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: impressive titillating coldplay fan

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: Primrose rebellious rigpig genital piercing

?

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: Yellow roommate

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: Marvelous Ladyboy

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Cheese-eating dilemma indirect expression

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: shimmering parlour scourge upon the earth

“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: elite pit

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: frum aromatic halford kitchen



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: shimmering parlour scourge upon the earth

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: Cheese-eating dilemma indirect expression

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: Copper gunner

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: Pale resort



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: cordovan shivering step-uncle's house

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: Gay Vivacious Plaza Clown

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: Cheese-eating dilemma indirect expression

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: Dull set

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: trip burgundy electric furnace

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: trip burgundy electric furnace

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: rose cracking business firm

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: trip burgundy electric furnace

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: Cheese-eating dilemma indirect expression

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: infuriating confused native

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: shimmering parlour scourge upon the earth

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)