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

BBB screwing over professional gamblers is 180

...
maniacal ratface legend
  07/02/25
how does it do that?
odious bronze mexican
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
maniacal ratface legend
  07/02/25
...
embarrassed to the bone tan goal in life
  07/02/25
wow lol
odious bronze mexican
  07/02/25
...
embarrassed to the bone tan goal in life
  07/02/25
This is actually very good
Stimulating Indirect Expression
  07/02/25
...
Bright Antidepressant Drug Boiling Water
  07/04/25
LOL, fuck CSLG
Bateful hairless set
  07/02/25
wow
red nighttime mood
  07/02/25
Lol
Bright Antidepressant Drug Boiling Water
  07/04/25
or in this guy's case, you pay tx on $1 million!
Bateful hairless set
  07/04/25
all of those professional gamblers and poker players are com...
purple foreskin
  07/02/25
yeah this is like raising taxes on income from drug traffick...
excitant genital piercing windowlicker
  07/02/25
Pros aren't using apps.
Lascivious Partner Jew
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
excitant genital piercing windowlicker
  07/02/25
You can't deduct losses at all unless you are a pro.
Lascivious Partner Jew
  07/02/25
i get that youre running retard shtick bait now but we all k...
excitant genital piercing windowlicker
  07/02/25
why did that even get added? seems totally random considerin...
Aromatic casino sound barrier
  07/02/25
someone in the senate added it last minute. no idea who, but...
maniacal ratface legend
  07/02/25
...
Contagious hospital
  07/02/25
This is 180. Get the pros out.
Lascivious Partner Jew
  07/02/25
...
Razzle-dazzle address faggotry
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Bateful hairless set
  07/04/25
Lol 180
Bright Antidepressant Drug Boiling Water
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Bright Antidepressant Drug Boiling Water
  07/04/25
they should update the outdated jackpot threshold while they...
Racy buck-toothed liquid oxygen striped hyena
  07/02/25
The Kenny Amendment
unhinged aquamarine ceo
  07/02/25
The Better Business Bureau are unelected tyrants
Sinister locus
  07/02/25
.
Black cerebral kitty
  07/02/25
...
galvanic chapel marketing idea
  07/05/25
I love how the party of limited government thinks it's 180 f...
histrionic whorehouse
  07/02/25
Just win your bets dude
Sinister locus
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
jet den scourge upon the earth
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Stimulating Indirect Expression
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Floppy corner prole
  07/03/25
180
orange doctorate resort
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Bateful hairless set
  07/04/25
“If this goes through as it is written, I would basica...
Razzle-dazzle address faggotry
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Greedy bawdyhouse
  07/04/25
...
maniacal ratface legend
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Razzle-dazzle address faggotry
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Bateful hairless set
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Vigorous costumed hairy legs
  07/04/25
...
Disgusting Boyish Famous Landscape Painting
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Bright Antidepressant Drug Boiling Water
  07/05/25
Trade or business expense for professional gamblers and is 1...
Talented turdskin hissy fit
  07/04/25
can an AI give legal advice?
Bateful hairless set
  07/04/25
online poker was fucked already and hardly anyone was making...
hyperactive pervert
  07/04/25
How does the government know how much you won or lost playin...
cobalt spot
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
cobalt spot
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
red nighttime mood
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
cobalt spot
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Bateful hairless set
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Ocher soul-stirring old irish cottage
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Razzle-dazzle address faggotry
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: maniacal ratface legend



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: odious bronze mexican

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: maniacal ratface legend

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: embarrassed to the bone tan goal in life



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: odious bronze mexican

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: embarrassed to the bone tan goal in life



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Stimulating Indirect Expression

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: Bright Antidepressant Drug Boiling Water



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Bateful hairless set

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: red nighttime mood

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Bright Antidepressant Drug Boiling Water

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Bateful hairless set

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: purple foreskin

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: excitant genital piercing windowlicker

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: Lascivious Partner Jew

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: excitant genital piercing windowlicker

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: Lascivious Partner Jew

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: excitant genital piercing windowlicker

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: Aromatic casino sound barrier

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: maniacal ratface legend

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: Contagious hospital



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Lascivious Partner Jew

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: Razzle-dazzle address faggotry



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Bateful hairless set

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: Bright Antidepressant Drug Boiling Water

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: Bright Antidepressant Drug Boiling Water

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: Racy buck-toothed liquid oxygen striped hyena

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: unhinged aquamarine ceo

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: Sinister locus

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: Black cerebral kitty

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: galvanic chapel marketing idea



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: histrionic whorehouse

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: Sinister locus

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: jet den scourge upon the earth

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: Stimulating Indirect Expression

?

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: Floppy corner prole

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: orange doctorate resort

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Bateful hairless set

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: Razzle-dazzle address faggotry

“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: Greedy bawdyhouse

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: maniacal ratface legend



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Razzle-dazzle address faggotry

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: Bateful hairless set

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: Vigorous costumed hairy legs

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: Disgusting Boyish Famous Landscape Painting



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Bright Antidepressant Drug Boiling Water

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: Talented turdskin hissy fit

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: Bateful hairless set

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: hyperactive pervert

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: cobalt spot

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: cobalt spot

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: red nighttime mood

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: cobalt spot

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: Bateful hairless set

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: Ocher soul-stirring old irish cottage

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: Razzle-dazzle address faggotry

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)