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

BBB screwing over professional gamblers is 180

...
canary nofapping headpube factory reset button
  07/02/25
how does it do that?
lavender deranged marketing idea sanctuary
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
canary nofapping headpube factory reset button
  07/02/25
...
Mildly Autistic Tan Location
  07/02/25
wow lol
lavender deranged marketing idea sanctuary
  07/02/25
...
Mildly Autistic Tan Location
  07/02/25
This is actually very good
Dead masturbator wagecucks
  07/02/25
...
glittery milky hall
  07/04/25
LOL, fuck CSLG
Fiercely-loyal boltzmann den
  07/02/25
wow
avocado immigrant
  07/02/25
Lol
glittery milky hall
  07/04/25
or in this guy's case, you pay tx on $1 million!
Fiercely-loyal boltzmann den
  07/04/25
all of those professional gamblers and poker players are com...
Topaz Jew
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Bisexual arousing library
  07/02/25
Pros aren't using apps.
Marvelous University Old Irish Cottage
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Bisexual arousing library
  07/02/25
You can't deduct losses at all unless you are a pro.
Marvelous University Old Irish Cottage
  07/02/25
i get that youre running retard shtick bait now but we all k...
Bisexual arousing library
  07/02/25
why did that even get added? seems totally random considerin...
bat-shit-crazy idiot
  07/02/25
someone in the senate added it last minute. no idea who, but...
canary nofapping headpube factory reset button
  07/02/25
...
insecure national tattoo
  07/02/25
This is 180. Get the pros out.
Marvelous University Old Irish Cottage
  07/02/25
...
soul-stirring alcoholic whorehouse
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Fiercely-loyal boltzmann den
  07/04/25
Lol 180
glittery milky hall
  07/04/25
Yeah, now if only they had done the same thing with upping t...
glittery milky hall
  07/04/25
they should update the outdated jackpot threshold while they...
razzle offensive locale yarmulke
  07/02/25
The Kenny Amendment
violent iridescent sweet tailpipe
  07/02/25
The Better Business Bureau are unelected tyrants
Yellow big pistol stag film
  07/02/25
.
slimy wrinkle box office
  07/02/25
...
vivacious crawly private investor
  07/05/25
I love how the party of limited government thinks it's 180 f...
disrespectful vibrant stage
  07/02/25
Just win your bets dude
Yellow big pistol stag film
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Dashing Abnormal Philosopher-king
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Dead masturbator wagecucks
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Adventurous sooty lodge
  07/03/25
180
carmine embarrassed to the bone newt
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Fiercely-loyal boltzmann den
  07/04/25
“If this goes through as it is written, I would basica...
soul-stirring alcoholic whorehouse
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
hairless death wish piazza
  07/04/25
...
canary nofapping headpube factory reset button
  07/04/25
we should crowdsource buying the syndication rights to Poker...
soul-stirring alcoholic whorehouse
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Fiercely-loyal boltzmann den
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
brilliant hospital
  07/04/25
...
heady costumed area
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
glittery milky hall
  07/05/25
Trade or business expense for professional gamblers and is 1...
Dun prole
  07/04/25
can an AI give legal advice?
Fiercely-loyal boltzmann den
  07/04/25
online poker was fucked already and hardly anyone was making...
Ebony harsh parlour
  07/04/25
How does the government know how much you won or lost playin...
Ultramarine trip jap
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Ultramarine trip jap
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
avocado immigrant
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Ultramarine trip jap
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Fiercely-loyal boltzmann den
  07/04/25
if a lib did this xo would be screeching at the top of its l...
rebellious weed whacker genital piercing
  07/05/25
not allowing GC twats to create a Biff future is core conser...
soul-stirring alcoholic whorehouse
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: canary nofapping headpube factory reset button



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: lavender deranged marketing idea sanctuary

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: canary nofapping headpube factory reset button

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: Mildly Autistic Tan Location



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: lavender deranged marketing idea sanctuary

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: Mildly Autistic Tan Location



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Dead masturbator wagecucks

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: glittery milky hall



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Fiercely-loyal boltzmann den

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: avocado immigrant

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: glittery milky hall

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Fiercely-loyal boltzmann den

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 Jew

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: Bisexual arousing library

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: Marvelous University Old Irish Cottage

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: Bisexual arousing library

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: Marvelous University Old Irish Cottage

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: Bisexual arousing library

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: bat-shit-crazy idiot

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: canary nofapping headpube factory reset button

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: insecure national tattoo



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Marvelous University Old Irish Cottage

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: soul-stirring alcoholic whorehouse



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Fiercely-loyal boltzmann den

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: glittery milky hall

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: glittery milky hall

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: razzle offensive locale yarmulke

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: violent iridescent sweet tailpipe

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: Yellow big pistol stag film

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: slimy wrinkle box office

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: vivacious crawly private investor



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: disrespectful vibrant 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=2Reputation#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: Yellow big pistol stag film

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: Dashing Abnormal Philosopher-king

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: Dead masturbator wagecucks

?

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: Adventurous sooty lodge

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: carmine embarrassed to the bone newt

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Fiercely-loyal boltzmann den

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: soul-stirring alcoholic whorehouse

“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: hairless death wish piazza

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: canary nofapping headpube factory reset button



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: soul-stirring alcoholic whorehouse

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: Fiercely-loyal boltzmann den

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: brilliant hospital

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: heady costumed area



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: glittery milky hall

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: Dun prole

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: Fiercely-loyal boltzmann den

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: Ebony harsh parlour

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: Ultramarine trip jap

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: Ultramarine trip jap

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: avocado immigrant

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: Ultramarine trip jap

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: Fiercely-loyal boltzmann den

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: rebellious weed whacker genital piercing

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: soul-stirring alcoholic whorehouse

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)