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BBB screwing over professional gamblers is 180

...
Cerise Impressive School Cafeteria Water Buffalo
  07/02/25
how does it do that?
dead foreskin
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Cerise Impressive School Cafeteria Water Buffalo
  07/02/25
...
violent federal kitchen
  07/02/25
wow lol
dead foreskin
  07/02/25
...
violent federal kitchen
  07/02/25
This is actually very good
Mildly autistic low-t fat ankles liquid oxygen
  07/02/25
...
smoky supple station new version
  07/04/25
LOL, fuck CSLG
Unhinged main people
  07/02/25
wow
elite bespoke affirmative action
  07/02/25
Lol
smoky supple station new version
  07/04/25
or in this guy's case, you pay tx on $1 million!
Unhinged main people
  07/04/25
all of those professional gamblers and poker players are com...
topaz hall cuckoldry
  07/02/25
yeah this is like raising taxes on income from drug traffick...
narrow-minded macaca location
  07/02/25
Pros aren't using apps.
Mischievous trip patrolman gaping
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
narrow-minded macaca location
  07/02/25
You can't deduct losses at all unless you are a pro.
Mischievous trip patrolman gaping
  07/02/25
i get that youre running retard shtick bait now but we all k...
narrow-minded macaca location
  07/02/25
why did that even get added? seems totally random considerin...
Milky Institution Newt
  07/02/25
someone in the senate added it last minute. no idea who, but...
Cerise Impressive School Cafeteria Water Buffalo
  07/02/25
...
Cordovan Digit Ratio
  07/02/25
This is 180. Get the pros out.
Mischievous trip patrolman gaping
  07/02/25
...
garnet wonderful corn cake
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Unhinged main people
  07/04/25
Lol 180
smoky supple station new version
  07/04/25
Yeah, now if only they had done the same thing with upping t...
smoky supple station new version
  07/04/25
they should update the outdated jackpot threshold while they...
Arousing Chocolate Idea He Suggested Parlor
  07/02/25
The Kenny Amendment
Lake fear-inspiring candlestick maker
  07/02/25
The Better Business Bureau are unelected tyrants
floppy obsidian brunch
  07/02/25
.
Titillating church building
  07/02/25
...
Learning disabled church
  07/05/25
I love how the party of limited government thinks it's 180 f...
Dun Slap-happy Meetinghouse
  07/02/25
Just win your bets dude
floppy obsidian brunch
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Tantric library laser beams
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Mildly autistic low-t fat ankles liquid oxygen
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
cream sweet tailpipe
  07/03/25
180
Mind-boggling embarrassed to the bone wagecucks
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Unhinged main people
  07/04/25
“If this goes through as it is written, I would basica...
garnet wonderful corn cake
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Splenetic Space Immigrant
  07/04/25
...
Cerise Impressive School Cafeteria Water Buffalo
  07/04/25
we should crowdsource buying the syndication rights to Poker...
garnet wonderful corn cake
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Unhinged main people
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
diverse transparent trump supporter
  07/04/25
...
Curious salmon sanctuary
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
smoky supple station new version
  07/05/25
Trade or business expense for professional gamblers and is 1...
plum goyim
  07/04/25
can an AI give legal advice?
Unhinged main people
  07/04/25
online poker was fucked already and hardly anyone was making...
Silver Gaming Laptop
  07/04/25
How does the government know how much you won or lost playin...
Exhilarant Bearded Resort Chad
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Exhilarant Bearded Resort Chad
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
elite bespoke affirmative action
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Exhilarant Bearded Resort Chad
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Unhinged main people
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Glittery black woman
  07/05/25
not allowing GC twats to create a Biff future is core conser...
garnet wonderful corn cake
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Cerise Impressive School Cafeteria Water Buffalo



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: dead foreskin

how does it do that?

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



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: Cerise Impressive School Cafeteria Water Buffalo

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=2Reputation#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: violent federal kitchen



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: dead foreskin

wow lol

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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: violent federal kitchen



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Mildly autistic low-t fat ankles liquid oxygen

This is actually very good

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: smoky supple station new version



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Unhinged main people

LOL, fuck CSLG

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



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: elite bespoke affirmative action

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: smoky supple station new version

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Unhinged main people

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

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



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: topaz hall cuckoldry

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

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



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: narrow-minded macaca location

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=2Reputation#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: Mischievous trip patrolman gaping

Pros aren't using apps.

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



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: narrow-minded macaca location

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=2Reputation#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Mischievous trip patrolman gaping

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

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



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: narrow-minded macaca location

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=2Reputation#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Milky Institution Newt

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=2Reputation#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Cerise Impressive School Cafeteria Water Buffalo

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=2Reputation#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: Cordovan Digit Ratio



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Mischievous trip patrolman gaping

This is 180. Get the pros out.

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



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: garnet wonderful corn cake



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Unhinged main people

this guy:

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

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



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: smoky supple station new version

Lol 180

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



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: smoky supple station new version

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=2Reputation#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: Arousing Chocolate Idea He Suggested Parlor

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=2Reputation#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: Lake fear-inspiring candlestick maker

The Kenny Amendment

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



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: floppy obsidian brunch

The Better Business Bureau are unelected tyrants

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



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: Titillating church building

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Learning disabled church



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Dun Slap-happy Meetinghouse

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=2Reputation#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: floppy obsidian brunch

Just win your bets dude

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



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Tantric library laser beams

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=2Reputation#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: Mildly autistic low-t fat ankles liquid oxygen

?

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=2Reputation#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: cream sweet tailpipe

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=2Reputation#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: Mind-boggling embarrassed to the bone wagecucks

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Unhinged main people

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=2Reputation#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: garnet wonderful corn cake

“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=2Reputation#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: Splenetic Space Immigrant

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

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



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: Cerise Impressive School Cafeteria Water Buffalo



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: garnet wonderful corn cake

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=2Reputation#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Unhinged main people

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=2Reputation#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: diverse transparent trump supporter

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

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



Reply Favorite

Date: July 4th, 2025 5:46 PM
Author: Curious salmon sanctuary



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: smoky supple station new version

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=2Reputation#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: plum goyim

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=2Reputation#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: Unhinged main people

can an AI give legal advice?

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



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: Silver Gaming Laptop

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=2Reputation#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: Exhilarant Bearded Resort Chad

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=2Reputation#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: Exhilarant Bearded Resort Chad

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

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



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: elite bespoke affirmative action

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=2Reputation#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: Exhilarant Bearded Resort Chad

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=2Reputation#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Unhinged main people

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

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



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Glittery black woman

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=2Reputation#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: garnet wonderful corn cake

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=2Reputation#49073722)