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

BBB screwing over professional gamblers is 180

...
Swollen Scarlet Forum
  07/02/25
how does it do that?
spectacular brindle black woman
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Swollen Scarlet Forum
  07/02/25
...
Cracking turquoise set
  07/02/25
wow lol
spectacular brindle black woman
  07/02/25
...
Cracking turquoise set
  07/02/25
This is actually very good
federal iridescent regret stage
  07/02/25
...
fear-inspiring buck-toothed sneaky criminal
  07/04/25
LOL, fuck CSLG
Disgusting fragrant church building boiling water
  07/02/25
wow
Ocher corner roommate
  07/02/25
Lol
fear-inspiring buck-toothed sneaky criminal
  07/04/25
or in this guy's case, you pay tx on $1 million!
Disgusting fragrant church building boiling water
  07/04/25
all of those professional gamblers and poker players are com...
Appetizing cruise ship
  07/02/25
yeah this is like raising taxes on income from drug traffick...
lemon insane school
  07/02/25
Pros aren't using apps.
Elite Prole Meetinghouse
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
lemon insane school
  07/02/25
You can't deduct losses at all unless you are a pro.
Elite Prole Meetinghouse
  07/02/25
i get that youre running retard shtick bait now but we all k...
lemon insane school
  07/02/25
why did that even get added? seems totally random considerin...
Carmine Laughsome Internal Respiration Twinkling Uncleanness
  07/02/25
someone in the senate added it last minute. no idea who, but...
Swollen Scarlet Forum
  07/02/25
...
opaque indian lodge
  07/02/25
This is 180. Get the pros out.
Elite Prole Meetinghouse
  07/02/25
...
Tantric Bawdyhouse Mental Disorder
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Disgusting fragrant church building boiling water
  07/04/25
Lol 180
fear-inspiring buck-toothed sneaky criminal
  07/04/25
Yeah, now if only they had done the same thing with upping t...
fear-inspiring buck-toothed sneaky criminal
  07/04/25
they should update the outdated jackpot threshold while they...
Talking Underhanded Organic Girlfriend Principal's Office
  07/02/25
The Kenny Amendment
Stirring Foreskin
  07/02/25
The Better Business Bureau are unelected tyrants
chrome vibrant state trump supporter
  07/02/25
.
buff offensive idea he suggested doctorate
  07/02/25
...
Embarrassed to the bone haunting digit ratio locus
  07/05/25
I love how the party of limited government thinks it's 180 f...
Twisted bronze half-breed
  07/02/25
Just win your bets dude
chrome vibrant state trump supporter
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
startling hairy legs
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
federal iridescent regret stage
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Blue tanning salon
  07/03/25
180
Dull startled persian range
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Disgusting fragrant church building boiling water
  07/04/25
“If this goes through as it is written, I would basica...
Tantric Bawdyhouse Mental Disorder
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
domesticated honey-headed headpube rehab
  07/04/25
...
Swollen Scarlet Forum
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Tantric Bawdyhouse Mental Disorder
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Disgusting fragrant church building boiling water
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
garnet boltzmann international law enforcement agency
  07/04/25
...
Razzle Sepia Base
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
fear-inspiring buck-toothed sneaky criminal
  07/05/25
Trade or business expense for professional gamblers and is 1...
hyperactive spruce parlor
  07/04/25
can an AI give legal advice?
Disgusting fragrant church building boiling water
  07/04/25
online poker was fucked already and hardly anyone was making...
Cowardly macaca
  07/04/25
How does the government know how much you won or lost playin...
indecent curious incel roast beef
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
indecent curious incel roast beef
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
Ocher corner roommate
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
indecent curious incel roast beef
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Disgusting fragrant church building boiling water
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Contagious Address
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Tantric Bawdyhouse Mental Disorder
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Swollen Scarlet Forum



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: spectacular brindle black woman

how does it do that?

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



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: Swollen Scarlet Forum

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...id#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Cracking turquoise set



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: spectacular brindle black woman

wow lol

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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Cracking turquoise set



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: federal iridescent regret stage

This is actually very good

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: fear-inspiring buck-toothed sneaky criminal



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Disgusting fragrant church building boiling water

LOL, fuck CSLG

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



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: Ocher corner roommate

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: fear-inspiring buck-toothed sneaky criminal

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Disgusting fragrant church building boiling water

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

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



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Appetizing cruise ship

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...id#49066412)



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: lemon insane school

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...id#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: Elite Prole Meetinghouse

Pros aren't using apps.

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



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: lemon insane school

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...id#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Elite Prole Meetinghouse

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

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



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: lemon insane school

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...id#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Carmine Laughsome Internal Respiration Twinkling Uncleanness

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...id#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Swollen Scarlet Forum

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...id#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: opaque indian lodge



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Elite Prole Meetinghouse

This is 180. Get the pros out.

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



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: Tantric Bawdyhouse Mental Disorder



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Disgusting fragrant church building boiling water

this guy:

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

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



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: fear-inspiring buck-toothed sneaky criminal

Lol 180

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



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: fear-inspiring buck-toothed sneaky criminal

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...id#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: Talking Underhanded Organic Girlfriend Principal's Office

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...id#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: Stirring Foreskin

The Kenny Amendment

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



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: chrome vibrant state trump supporter

The Better Business Bureau are unelected tyrants

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



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: buff offensive idea he suggested doctorate

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Embarrassed to the bone haunting digit ratio locus



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Twisted bronze half-breed

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...id#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: chrome vibrant state trump supporter

Just win your bets dude

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



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: startling hairy legs

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...id#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: federal iridescent regret stage

?

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...id#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: Blue tanning salon

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...id#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: Dull startled persian range

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Disgusting fragrant church building boiling water

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...id#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: Tantric Bawdyhouse Mental Disorder

“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...id#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: domesticated honey-headed headpube rehab

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...id#49072432)



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: Swollen Scarlet Forum



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Tantric Bawdyhouse Mental Disorder

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...id#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Disgusting fragrant church building boiling water

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...id#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: garnet boltzmann international law enforcement agency

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...id#49072455)



Reply Favorite

Date: July 4th, 2025 5:46 PM
Author: Razzle Sepia Base



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: fear-inspiring buck-toothed sneaky criminal

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...id#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: hyperactive spruce parlor

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...id#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: Disgusting fragrant church building boiling water

can an AI give legal advice?

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



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: Cowardly macaca

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...id#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: indecent curious incel roast beef

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...id#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: indecent curious incel roast beef

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

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



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: Ocher corner roommate

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...id#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: indecent curious incel roast beef

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...id#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Disgusting fragrant church building boiling water

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

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



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Contagious Address

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...id#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: Tantric Bawdyhouse Mental Disorder

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...id#49073722)