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

BBB screwing over professional gamblers is 180

...
disrespectful chapel
  07/02/25
how does it do that?
provocative toilet seat piazza
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
disrespectful chapel
  07/02/25
...
beady-eyed light multi-billionaire
  07/02/25
wow lol
provocative toilet seat piazza
  07/02/25
...
beady-eyed light multi-billionaire
  07/02/25
This is actually very good
irradiated irate dragon mexican
  07/02/25
...
Mildly autistic macaca
  07/04/25
LOL, fuck CSLG
Glassy Comical Foreskin
  07/02/25
wow
talented bull headed parlour black woman
  07/02/25
Lol
Mildly autistic macaca
  07/04/25
or in this guy's case, you pay tx on $1 million!
Glassy Comical Foreskin
  07/04/25
all of those professional gamblers and poker players are com...
Diverse Awkward Rehab
  07/02/25
yeah this is like raising taxes on income from drug traffick...
laughsome quadroon area
  07/02/25
Pros aren't using apps.
Odious Mother Cruise Ship
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
laughsome quadroon area
  07/02/25
You can't deduct losses at all unless you are a pro.
Odious Mother Cruise Ship
  07/02/25
i get that youre running retard shtick bait now but we all k...
laughsome quadroon area
  07/02/25
why did that even get added? seems totally random considerin...
wine exciting feces
  07/02/25
someone in the senate added it last minute. no idea who, but...
disrespectful chapel
  07/02/25
...
lime costumed lodge roommate
  07/02/25
This is 180. Get the pros out.
Odious Mother Cruise Ship
  07/02/25
...
swashbuckling cuck
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Glassy Comical Foreskin
  07/04/25
Lol 180
Mildly autistic macaca
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Mildly autistic macaca
  07/04/25
they should update the outdated jackpot threshold while they...
Self-absorbed Mad Cow Disease Therapy
  07/02/25
The Kenny Amendment
Chartreuse stock car
  07/02/25
The Better Business Bureau are unelected tyrants
galvanic dopamine degenerate
  07/02/25
.
Deep Emerald Dysfunction School
  07/02/25
...
abnormal boltzmann step-uncle's house
  07/05/25
I love how the party of limited government thinks it's 180 f...
Poppy metal site circlehead
  07/02/25
Just win your bets dude
galvanic dopamine degenerate
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
burgundy laser beams theater stage
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
irradiated irate dragon mexican
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
impressive marketing idea liquid oxygen
  07/03/25
180
flatulent boistinker
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Glassy Comical Foreskin
  07/04/25
“If this goes through as it is written, I would basica...
swashbuckling cuck
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Thriller puppy striped hyena
  07/04/25
...
disrespectful chapel
  07/04/25
we should crowdsource buying the syndication rights to Poker...
swashbuckling cuck
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Glassy Comical Foreskin
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
ivory histrionic locale ratface
  07/04/25
...
aqua appetizing gunner fanboi
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Mildly autistic macaca
  07/05/25
Trade or business expense for professional gamblers and is 1...
Frum Dull Hall Dog Poop
  07/04/25
can an AI give legal advice?
Glassy Comical Foreskin
  07/04/25
online poker was fucked already and hardly anyone was making...
Hateful Chrome Hell Sex Offender
  07/04/25
How does the government know how much you won or lost playin...
Wonderful hunting ground
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Wonderful hunting ground
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
talented bull headed parlour black woman
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Wonderful hunting ground
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Glassy Comical Foreskin
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Orange abode
  07/05/25
not allowing GC twats to create a Biff future is core conser...
swashbuckling cuck
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: disrespectful chapel



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: provocative toilet seat piazza

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: disrespectful chapel

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: beady-eyed light multi-billionaire



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: provocative toilet seat piazza

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: beady-eyed light multi-billionaire



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: irradiated irate dragon mexican

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: Mildly autistic macaca



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Glassy Comical Foreskin

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: talented bull headed parlour black woman

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: Mildly autistic macaca

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: Glassy Comical Foreskin

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: Diverse Awkward Rehab

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: laughsome quadroon area

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: Odious Mother Cruise Ship

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: laughsome quadroon area

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: Odious Mother Cruise Ship

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: laughsome quadroon area

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: wine exciting feces

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: disrespectful chapel

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: lime costumed lodge roommate



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Odious Mother Cruise Ship

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: swashbuckling cuck



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Glassy Comical Foreskin

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: Mildly autistic macaca

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: Mildly autistic macaca

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: Self-absorbed Mad Cow Disease Therapy

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: Chartreuse stock car

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: galvanic dopamine degenerate

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: Deep Emerald Dysfunction School

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: abnormal boltzmann step-uncle's house



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Poppy metal site circlehead

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: galvanic dopamine degenerate

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: burgundy laser beams theater stage

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: irradiated irate dragon mexican

?

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: impressive marketing idea liquid oxygen

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: flatulent boistinker

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: Glassy Comical Foreskin

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: swashbuckling cuck

“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: Thriller puppy striped hyena

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: disrespectful chapel



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: swashbuckling cuck

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: Glassy Comical Foreskin

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: ivory histrionic locale ratface

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: aqua appetizing gunner fanboi



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Mildly autistic macaca

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: Frum Dull Hall Dog Poop

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: Glassy Comical Foreskin

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: Hateful Chrome Hell Sex Offender

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: Wonderful hunting ground

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: Wonderful hunting ground

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: talented bull headed parlour black woman

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: Wonderful hunting ground

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: Glassy Comical Foreskin

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: Orange abode

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: swashbuckling cuck

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)