\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

BBB screwing over professional gamblers is 180

...
Slippery Razzle-dazzle Wrinkle Mental Disorder
  07/02/25
how does it do that?
Vengeful Flatulent Toaster Tattoo
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Slippery Razzle-dazzle Wrinkle Mental Disorder
  07/02/25
...
Razzle translucent parlour
  07/02/25
wow lol
Vengeful Flatulent Toaster Tattoo
  07/02/25
...
Razzle translucent parlour
  07/02/25
This is actually very good
carmine whorehouse
  07/02/25
...
Bistre ungodly church queen of the night
  07/04/25
LOL, fuck CSLG
sadistic flickering ceo
  07/02/25
wow
rusted sandwich weed whacker
  07/02/25
Lol
Bistre ungodly church queen of the night
  07/04/25
or in this guy's case, you pay tx on $1 million!
sadistic flickering ceo
  07/04/25
all of those professional gamblers and poker players are com...
arousing charcoal water buffalo abode
  07/02/25
yeah this is like raising taxes on income from drug traffick...
mewling silver den famous landscape painting
  07/02/25
Pros aren't using apps.
Boyish Tank
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
mewling silver den famous landscape painting
  07/02/25
You can't deduct losses at all unless you are a pro.
Boyish Tank
  07/02/25
i get that youre running retard shtick bait now but we all k...
mewling silver den famous landscape painting
  07/02/25
why did that even get added? seems totally random considerin...
mint confused mad cow disease psychic
  07/02/25
someone in the senate added it last minute. no idea who, but...
Slippery Razzle-dazzle Wrinkle Mental Disorder
  07/02/25
...
Racy bespoke gaming laptop
  07/02/25
This is 180. Get the pros out.
Boyish Tank
  07/02/25
...
Exhilarant pale cruise ship international law enforcement agency
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
sadistic flickering ceo
  07/04/25
Lol 180
Bistre ungodly church queen of the night
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Bistre ungodly church queen of the night
  07/04/25
they should update the outdated jackpot threshold while they...
Overrated Magical Therapy
  07/02/25
The Kenny Amendment
supple bull headed macaca
  07/02/25
The Better Business Bureau are unelected tyrants
Pungent Judgmental Love Of Her Life Ape
  07/02/25
.
House-broken Plaza
  07/02/25
...
Adventurous Roast Beef
  07/05/25
I love how the party of limited government thinks it's 180 f...
harsh aqua theater stage
  07/02/25
Just win your bets dude
Pungent Judgmental Love Of Her Life Ape
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
trip twinkling uncleanness pervert
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
carmine whorehouse
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
doobsian slimy elastic band black woman
  07/03/25
180
cracking well-lubricated juggernaut range
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
sadistic flickering ceo
  07/04/25
“If this goes through as it is written, I would basica...
Exhilarant pale cruise ship international law enforcement agency
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
apoplectic deer antler main people
  07/04/25
...
Slippery Razzle-dazzle Wrinkle Mental Disorder
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Exhilarant pale cruise ship international law enforcement agency
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
sadistic flickering ceo
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Aromatic elite partner generalized bond
  07/04/25
...
Pea-brained School Cafeteria
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Bistre ungodly church queen of the night
  07/05/25
Trade or business expense for professional gamblers and is 1...
insecure lay
  07/04/25
can an AI give legal advice?
sadistic flickering ceo
  07/04/25
online poker was fucked already and hardly anyone was making...
Glittery dingle berry
  07/04/25
How does the government know how much you won or lost playin...
Angry maize lettuce french chef
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Angry maize lettuce french chef
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
rusted sandwich weed whacker
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Angry maize lettuce french chef
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
sadistic flickering ceo
  07/04/25
if a lib did this xo would be screeching at the top of its l...
passionate place of business orchestra pit
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Exhilarant pale cruise ship international law enforcement agency
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Slippery Razzle-dazzle Wrinkle Mental Disorder



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Vengeful Flatulent Toaster Tattoo

how does it do that?

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



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: Slippery Razzle-dazzle Wrinkle Mental Disorder

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=2Elisa#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Razzle translucent parlour



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Vengeful Flatulent Toaster Tattoo

wow lol

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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Razzle translucent parlour



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: carmine whorehouse

This is actually very good

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Bistre ungodly church queen of the night



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: sadistic flickering ceo

LOL, fuck CSLG

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



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: rusted sandwich weed whacker

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Bistre ungodly church queen of the night

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: sadistic flickering ceo

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

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



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: arousing charcoal water buffalo abode

all of those professional gamblers and poker players are complete tax frauds anyways

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2Elisa#49066412)



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: mewling silver den famous landscape painting

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=2Elisa#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: Boyish Tank

Pros aren't using apps.

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



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: mewling silver den famous landscape painting

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=2Elisa#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Boyish Tank

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

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



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: mewling silver den famous landscape painting

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=2Elisa#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: mint confused mad cow disease psychic

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=2Elisa#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Slippery Razzle-dazzle Wrinkle Mental Disorder

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=2Elisa#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: Racy bespoke gaming laptop



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Boyish Tank

This is 180. Get the pros out.

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



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: Exhilarant pale cruise ship international law enforcement agency



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: sadistic flickering ceo

this guy:

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

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



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: Bistre ungodly church queen of the night

Lol 180

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



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: Bistre ungodly church queen of the night

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=2Elisa#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: Overrated Magical Therapy

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=2Elisa#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: supple bull headed macaca

The Kenny Amendment

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



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: Pungent Judgmental Love Of Her Life Ape

The Better Business Bureau are unelected tyrants

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



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: House-broken Plaza

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Adventurous Roast Beef



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: harsh aqua theater stage

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=2Elisa#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: Pungent Judgmental Love Of Her Life Ape

Just win your bets dude

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



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: trip twinkling uncleanness pervert

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=2Elisa#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: carmine whorehouse

?

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=2Elisa#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: doobsian slimy elastic band black woman

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=2Elisa#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: cracking well-lubricated juggernaut range

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: sadistic flickering ceo

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=2Elisa#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: Exhilarant pale cruise ship international law enforcement agency

“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=2Elisa#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: apoplectic deer antler main people

oh man...the poker ecosystem is unlikely to survive! What will we do?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2Elisa#49072432)



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: Slippery Razzle-dazzle Wrinkle Mental Disorder



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Exhilarant pale cruise ship international law enforcement agency

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=2Elisa#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: sadistic flickering ceo

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=2Elisa#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Aromatic elite partner generalized bond

180 but it should tax all wins from sports gambling apps at 90%

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2Elisa#49072455)



Reply Favorite

Date: July 4th, 2025 5:46 PM
Author: Pea-brained School Cafeteria



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Bistre ungodly church queen of the night

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=2Elisa#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: insecure lay

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=2Elisa#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: sadistic flickering ceo

can an AI give legal advice?

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



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: Glittery dingle berry

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=2Elisa#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: Angry maize lettuce french chef

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=2Elisa#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: Angry maize lettuce french chef

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

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



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: rusted sandwich weed whacker

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=2Elisa#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: Angry maize lettuce french chef

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=2Elisa#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: sadistic flickering ceo

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

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



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: passionate place of business orchestra pit

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=2Elisa#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: Exhilarant pale cruise ship international law enforcement agency

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=2Elisa#49073722)