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BBB screwing over professional gamblers is 180

...
Demanding aphrodisiac half-breed
  07/02/25
how does it do that?
Exhilarant twinkling codepig
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Demanding aphrodisiac half-breed
  07/02/25
...
Startling jewess
  07/02/25
wow lol
Exhilarant twinkling codepig
  07/02/25
...
Startling jewess
  07/02/25
This is actually very good
Godawful abode chad
  07/02/25
...
Walnut Sanctuary
  07/04/25
LOL, fuck CSLG
180 Theater Stage New Version
  07/02/25
wow
chocolate electric furnace
  07/02/25
Lol
Walnut Sanctuary
  07/04/25
or in this guy's case, you pay tx on $1 million!
180 Theater Stage New Version
  07/04/25
all of those professional gamblers and poker players are com...
Appetizing dun blood rage
  07/02/25
yeah this is like raising taxes on income from drug traffick...
low-t old irish cottage
  07/02/25
Pros aren't using apps.
Bronze indecent associate
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
low-t old irish cottage
  07/02/25
You can't deduct losses at all unless you are a pro.
Bronze indecent associate
  07/02/25
i get that youre running retard shtick bait now but we all k...
low-t old irish cottage
  07/02/25
why did that even get added? seems totally random considerin...
Disturbing Field
  07/02/25
someone in the senate added it last minute. no idea who, but...
Demanding aphrodisiac half-breed
  07/02/25
...
Fragrant jade bawdyhouse knife
  07/02/25
This is 180. Get the pros out.
Bronze indecent associate
  07/02/25
...
Hideous filthy rigpig
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
180 Theater Stage New Version
  07/04/25
Lol 180
Walnut Sanctuary
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Walnut Sanctuary
  07/04/25
they should update the outdated jackpot threshold while they...
Contagious theatre
  07/02/25
The Kenny Amendment
ultramarine dilemma
  07/02/25
The Better Business Bureau are unelected tyrants
Yellow puppy
  07/02/25
.
excitant awkward area internal respiration
  07/02/25
...
Fluffy macaca
  07/05/25
I love how the party of limited government thinks it's 180 f...
Charismatic nursing home
  07/02/25
Just win your bets dude
Yellow puppy
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Brilliant massive market psychic
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Godawful abode chad
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Multi-colored rambunctious mood crackhouse
  07/03/25
180
bisexual location main people
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
180 Theater Stage New Version
  07/04/25
“If this goes through as it is written, I would basica...
Hideous filthy rigpig
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
cracking carmine plaza scourge upon the earth
  07/04/25
...
Demanding aphrodisiac half-breed
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Hideous filthy rigpig
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
180 Theater Stage New Version
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
shivering preventive strike laser beams
  07/04/25
...
Lime Painfully Honest Mediation
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Walnut Sanctuary
  07/05/25
Trade or business expense for professional gamblers and is 1...
adulterous church building
  07/04/25
can an AI give legal advice?
180 Theater Stage New Version
  07/04/25
online poker was fucked already and hardly anyone was making...
Translucent disrespectful background story
  07/04/25
How does the government know how much you won or lost playin...
Grizzly Glittery Shrine
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Grizzly Glittery Shrine
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
chocolate electric furnace
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Grizzly Glittery Shrine
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
180 Theater Stage New Version
  07/04/25
lol this is EXACTLY what I voted for. Get a real job, deadb...
animeboi
  11/15/25
...
richard clock
  11/15/25
if a lib did this xo would be screeching at the top of its l...
Bateful white wrinkle
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Hideous filthy rigpig
  07/05/25
damn this thread is full of dorks
tats
  11/15/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Demanding aphrodisiac half-breed



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Exhilarant twinkling codepig

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: Demanding aphrodisiac half-breed

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: Startling jewess



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Exhilarant twinkling codepig

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: Startling jewess



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Godawful abode chad

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: Walnut Sanctuary



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: 180 Theater Stage 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: chocolate electric furnace

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Walnut Sanctuary

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: 180 Theater Stage 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: Appetizing dun blood rage

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: low-t old irish cottage

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: Bronze indecent associate

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: low-t old irish cottage

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: Bronze indecent associate

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: low-t old irish cottage

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: Disturbing Field

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: Demanding aphrodisiac half-breed

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: Fragrant jade bawdyhouse knife



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Bronze indecent associate

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: Hideous filthy rigpig



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: 180 Theater Stage 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: Walnut Sanctuary

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: Walnut Sanctuary

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: Contagious theatre

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: ultramarine dilemma

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: Yellow puppy

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: excitant awkward area internal respiration

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Fluffy macaca



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Charismatic nursing home

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: Yellow puppy

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: Brilliant massive market psychic

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: Godawful abode chad

?

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: Multi-colored rambunctious mood crackhouse

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: bisexual location main people

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: 180 Theater Stage 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: Hideous filthy rigpig

“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: cracking carmine plaza scourge upon the earth

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: Demanding aphrodisiac half-breed



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Hideous filthy rigpig

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: 180 Theater Stage 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: shivering preventive strike laser beams

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: Lime Painfully Honest Mediation



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Walnut Sanctuary

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: adulterous church building

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: 180 Theater Stage 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: Translucent disrespectful background story

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: Grizzly Glittery Shrine

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: Grizzly Glittery Shrine

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: chocolate electric furnace

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: Grizzly Glittery Shrine

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: 180 Theater Stage 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: November 15th, 2025 11:51 AM
Author: animeboi (.)

lol this is EXACTLY what I voted for. Get a real job, deadbeat.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2#49432990)



Reply Favorite

Date: November 15th, 2025 2:03 PM
Author: richard clock



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2#49433290)



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Bateful white wrinkle

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: Hideous filthy rigpig

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)



Reply Favorite

Date: November 15th, 2025 11:45 AM
Author: tats

damn this thread is full of dorks

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2#49432984)