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BBB screwing over professional gamblers is 180

...
metal brass hell
  07/02/25
how does it do that?
Splenetic carmine multi-billionaire
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
metal brass hell
  07/02/25
...
vibrant national security agency
  07/02/25
wow lol
Splenetic carmine multi-billionaire
  07/02/25
...
vibrant national security agency
  07/02/25
This is actually very good
vivacious tattoo rehab
  07/02/25
...
Maize provocative liquid oxygen turdskin
  07/04/25
LOL, fuck CSLG
pungent chocolate school cafeteria kitty cat
  07/02/25
wow
dead grizzly travel guidebook
  07/02/25
Lol
Maize provocative liquid oxygen turdskin
  07/04/25
or in this guy's case, you pay tx on $1 million!
pungent chocolate school cafeteria kitty cat
  07/04/25
all of those professional gamblers and poker players are com...
vigorous house-broken parlour volcanic crater
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Irate talented half-breed garrison
  07/02/25
Pros aren't using apps.
marvelous lime home dopamine
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Irate talented half-breed garrison
  07/02/25
You can't deduct losses at all unless you are a pro.
marvelous lime home dopamine
  07/02/25
i get that youre running retard shtick bait now but we all k...
Irate talented half-breed garrison
  07/02/25
why did that even get added? seems totally random considerin...
flushed mental disorder resort
  07/02/25
someone in the senate added it last minute. no idea who, but...
metal brass hell
  07/02/25
...
dark dashing deer antler
  07/02/25
This is 180. Get the pros out.
marvelous lime home dopamine
  07/02/25
...
Chestnut nursing home
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
pungent chocolate school cafeteria kitty cat
  07/04/25
Lol 180
Maize provocative liquid oxygen turdskin
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Maize provocative liquid oxygen turdskin
  07/04/25
they should update the outdated jackpot threshold while they...
Violet diverse space
  07/02/25
The Kenny Amendment
pink stage
  07/02/25
The Better Business Bureau are unelected tyrants
Laughsome clear faggot firefighter
  07/02/25
.
poppy lay dingle berry
  07/02/25
...
Razzle salmon milk crackhouse
  07/05/25
I love how the party of limited government thinks it's 180 f...
Lake native
  07/02/25
Just win your bets dude
Laughsome clear faggot firefighter
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Translucent swashbuckling telephone
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
vivacious tattoo rehab
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
charismatic field
  07/03/25
180
racy brunch
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
pungent chocolate school cafeteria kitty cat
  07/04/25
“If this goes through as it is written, I would basica...
Chestnut nursing home
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Stimulating address haunted graveyard
  07/04/25
...
metal brass hell
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Chestnut nursing home
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
pungent chocolate school cafeteria kitty cat
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Adulterous Cordovan Spot Pozpig
  07/04/25
...
copper crotch
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Maize provocative liquid oxygen turdskin
  07/05/25
Trade or business expense for professional gamblers and is 1...
soggy corn cake
  07/04/25
can an AI give legal advice?
pungent chocolate school cafeteria kitty cat
  07/04/25
online poker was fucked already and hardly anyone was making...
Cream drunken hall stain
  07/04/25
How does the government know how much you won or lost playin...
Contagious hospital pervert
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Contagious hospital pervert
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
dead grizzly travel guidebook
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Contagious hospital pervert
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
pungent chocolate school cafeteria kitty cat
  07/04/25
if a lib did this xo would be screeching at the top of its l...
slap-happy bull headed church
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Chestnut nursing home
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: metal brass hell



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Splenetic carmine multi-billionaire

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: metal brass hell

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: vibrant national security agency



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Splenetic carmine multi-billionaire

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: vibrant national security agency



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: vivacious tattoo 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: Maize provocative liquid oxygen turdskin



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: pungent chocolate school cafeteria kitty cat

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: dead grizzly travel guidebook

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Maize provocative liquid oxygen turdskin

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: pungent chocolate school cafeteria kitty cat

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: vigorous house-broken parlour volcanic crater

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: Irate talented half-breed garrison

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: marvelous lime home dopamine

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: Irate talented half-breed garrison

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: marvelous lime home dopamine

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: Irate talented half-breed garrison

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: flushed mental disorder resort

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: metal brass hell

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: dark dashing deer antler



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: marvelous lime home dopamine

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: Chestnut nursing home



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: pungent chocolate school cafeteria kitty cat

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: Maize provocative liquid oxygen turdskin

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: Maize provocative liquid oxygen turdskin

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: Violet diverse space

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: pink stage

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: Laughsome clear faggot firefighter

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: poppy lay dingle berry

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Razzle salmon milk crackhouse



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Lake native

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: Laughsome clear faggot firefighter

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: Translucent swashbuckling telephone

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: vivacious tattoo 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: charismatic field

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: racy brunch

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: pungent chocolate school cafeteria kitty cat

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: Chestnut nursing home

“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: Stimulating address haunted graveyard

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: metal brass hell



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Chestnut nursing home

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: pungent chocolate school cafeteria kitty cat

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: Adulterous Cordovan Spot Pozpig

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: copper crotch



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Maize provocative liquid oxygen turdskin

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: soggy corn cake

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: pungent chocolate school cafeteria kitty cat

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: Cream drunken hall stain

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: Contagious hospital pervert

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: Contagious hospital pervert

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: dead grizzly travel guidebook

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: Contagious hospital pervert

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: pungent chocolate school cafeteria kitty cat

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: slap-happy bull headed church

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: Chestnut nursing home

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)