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BBB screwing over professional gamblers is 180

...
lavender senate international law enforcement agency
  07/02/25
how does it do that?
mind-boggling orchestra pit water buffalo
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
lavender senate international law enforcement agency
  07/02/25
...
Chocolate Newt Public Bath
  07/02/25
wow lol
mind-boggling orchestra pit water buffalo
  07/02/25
...
Chocolate Newt Public Bath
  07/02/25
This is actually very good
Laughsome garnet therapy rehab
  07/02/25
...
Smoky hairless parlor persian
  07/04/25
LOL, fuck CSLG
kink-friendly insanely creepy brunch
  07/02/25
wow
Stimulating Shrine
  07/02/25
Lol
Smoky hairless parlor persian
  07/04/25
or in this guy's case, you pay tx on $1 million!
kink-friendly insanely creepy brunch
  07/04/25
all of those professional gamblers and poker players are com...
dashing son of senegal
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Doobsian cracking theater stage roommate
  07/02/25
Pros aren't using apps.
aromatic home hominid
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Doobsian cracking theater stage roommate
  07/02/25
You can't deduct losses at all unless you are a pro.
aromatic home hominid
  07/02/25
i get that youre running retard shtick bait now but we all k...
Doobsian cracking theater stage roommate
  07/02/25
why did that even get added? seems totally random considerin...
mischievous big-titted lay mental disorder
  07/02/25
someone in the senate added it last minute. no idea who, but...
lavender senate international law enforcement agency
  07/02/25
...
claret house-broken site tattoo
  07/02/25
This is 180. Get the pros out.
aromatic home hominid
  07/02/25
...
Mint razzle juggernaut set
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
kink-friendly insanely creepy brunch
  07/04/25
Lol 180
Smoky hairless parlor persian
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Smoky hairless parlor persian
  07/04/25
they should update the outdated jackpot threshold while they...
Turquoise outnumbered giraffe
  07/02/25
The Kenny Amendment
Umber learning disabled voyeur ratface
  07/02/25
The Better Business Bureau are unelected tyrants
Blue Mildly Autistic Forum Antidepressant Drug
  07/02/25
.
Flatulent Haunting Shitlib
  07/02/25
...
Territorial pit goal in life
  07/05/25
I love how the party of limited government thinks it's 180 f...
Canary cowardly puppy address
  07/02/25
Just win your bets dude
Blue Mildly Autistic Forum Antidepressant Drug
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Fighting Hunting Ground
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Laughsome garnet therapy rehab
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
green crotch mediation
  07/03/25
180
Self-centered sweet tailpipe corner
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
kink-friendly insanely creepy brunch
  07/04/25
“If this goes through as it is written, I would basica...
Mint razzle juggernaut set
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Deranged vivacious doctorate stage
  07/04/25
...
lavender senate international law enforcement agency
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Mint razzle juggernaut set
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
kink-friendly insanely creepy brunch
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Hyperactive cruise ship coldplay fan
  07/04/25
...
Fear-inspiring brass trailer park friendly grandma
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Smoky hairless parlor persian
  07/05/25
Trade or business expense for professional gamblers and is 1...
Razzle-dazzle Buff Legend Old Irish Cottage
  07/04/25
can an AI give legal advice?
kink-friendly insanely creepy brunch
  07/04/25
online poker was fucked already and hardly anyone was making...
Pearl Milk Rigpig
  07/04/25
How does the government know how much you won or lost playin...
Trip Station Lettuce
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Trip Station Lettuce
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
Stimulating Shrine
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Trip Station Lettuce
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
kink-friendly insanely creepy brunch
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Sienna exhilarant theatre tank
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Mint razzle juggernaut set
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: lavender senate international law enforcement agency



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: mind-boggling orchestra pit water buffalo

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: lavender senate international law enforcement agency

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: Chocolate Newt Public Bath



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: mind-boggling orchestra pit water buffalo

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: Chocolate Newt Public Bath



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Laughsome garnet therapy rehab

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: Smoky hairless parlor persian



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: kink-friendly insanely creepy brunch

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: Stimulating Shrine

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Smoky hairless parlor persian

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: kink-friendly insanely creepy brunch

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: dashing son of senegal

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: Doobsian cracking theater stage roommate

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: aromatic home hominid

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: Doobsian cracking theater stage roommate

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: aromatic home hominid

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: Doobsian cracking theater stage roommate

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: mischievous big-titted lay mental disorder

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: lavender senate international law enforcement agency

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: claret house-broken site tattoo



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: aromatic home hominid

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: Mint razzle juggernaut set



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: kink-friendly insanely creepy brunch

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: Smoky hairless parlor persian

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: Smoky hairless parlor persian

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: Turquoise outnumbered giraffe

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: Umber learning disabled voyeur ratface

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: Blue Mildly Autistic Forum Antidepressant Drug

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: Flatulent Haunting Shitlib

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Territorial pit goal in life



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Canary cowardly puppy address

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: Blue Mildly Autistic Forum Antidepressant Drug

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: Fighting Hunting Ground

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: Laughsome garnet therapy rehab

?

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: green crotch mediation

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: Self-centered sweet tailpipe corner

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: kink-friendly insanely creepy brunch

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: Mint razzle juggernaut set

“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: Deranged vivacious doctorate stage

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: lavender senate international law enforcement agency



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Mint razzle juggernaut set

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: kink-friendly insanely creepy brunch

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: Hyperactive cruise ship coldplay fan

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: Fear-inspiring brass trailer park friendly grandma



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Smoky hairless parlor persian

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: Razzle-dazzle Buff Legend Old Irish Cottage

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: kink-friendly insanely creepy brunch

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: Pearl Milk Rigpig

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: Trip Station Lettuce

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: Trip Station Lettuce

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: Stimulating Shrine

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: Trip Station Lettuce

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: kink-friendly insanely creepy brunch

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

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



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Sienna exhilarant theatre tank

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: Mint razzle juggernaut set

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)