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BBB screwing over professional gamblers is 180

...
laughsome field jewess
  07/02/25
how does it do that?
Sexy dragon ladyboy
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
laughsome field jewess
  07/02/25
...
Razzle abnormal gas station
  07/02/25
wow lol
Sexy dragon ladyboy
  07/02/25
...
Razzle abnormal gas station
  07/02/25
This is actually very good
Beady-eyed elastic band
  07/02/25
...
Cruel-hearted home
  07/04/25
LOL, fuck CSLG
olive orchestra pit
  07/02/25
wow
Lime Overrated Pocket Flask Fanboi
  07/02/25
Lol
Cruel-hearted home
  07/04/25
or in this guy's case, you pay tx on $1 million!
olive orchestra pit
  07/04/25
all of those professional gamblers and poker players are com...
Vivacious sinister nursing home headpube
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Mischievous navy sandwich school
  07/02/25
Pros aren't using apps.
primrose charismatic spot
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Mischievous navy sandwich school
  07/02/25
You can't deduct losses at all unless you are a pro.
primrose charismatic spot
  07/02/25
i get that youre running retard shtick bait now but we all k...
Mischievous navy sandwich school
  07/02/25
why did that even get added? seems totally random considerin...
seedy theater mexican
  07/02/25
someone in the senate added it last minute. no idea who, but...
laughsome field jewess
  07/02/25
...
Crusty double fault
  07/02/25
This is 180. Get the pros out.
primrose charismatic spot
  07/02/25
...
turquoise coiffed foreskin
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
olive orchestra pit
  07/04/25
Lol 180
Cruel-hearted home
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Cruel-hearted home
  07/04/25
they should update the outdated jackpot threshold while they...
Magenta cruise ship
  07/02/25
The Kenny Amendment
Arrogant chad french chef
  07/02/25
The Better Business Bureau are unelected tyrants
Sienna property
  07/02/25
.
Obsidian Rehab
  07/02/25
...
iridescent temple gaming laptop
  07/05/25
I love how the party of limited government thinks it's 180 f...
scarlet private investor
  07/02/25
Just win your bets dude
Sienna property
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Trip Address
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Beady-eyed elastic band
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Honey-headed titillating new version
  07/03/25
180
galvanic ticket booth friendly grandma
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
olive orchestra pit
  07/04/25
“If this goes through as it is written, I would basica...
turquoise coiffed foreskin
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
odious lilac scourge upon the earth
  07/04/25
...
laughsome field jewess
  07/04/25
we should crowdsource buying the syndication rights to Poker...
turquoise coiffed foreskin
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
olive orchestra pit
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
erotic quadroon box office
  07/04/25
...
duck-like flesh boiling water nibblets
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Cruel-hearted home
  07/05/25
Trade or business expense for professional gamblers and is 1...
ultramarine hairless crackhouse
  07/04/25
can an AI give legal advice?
olive orchestra pit
  07/04/25
online poker was fucked already and hardly anyone was making...
Curious garrison sneaky criminal
  07/04/25
How does the government know how much you won or lost playin...
Glittery philosopher-king
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Glittery philosopher-king
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
Lime Overrated Pocket Flask Fanboi
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Glittery philosopher-king
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
olive orchestra pit
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Anal haunted graveyard antidepressant drug
  07/05/25
not allowing GC twats to create a Biff future is core conser...
turquoise coiffed foreskin
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: laughsome field jewess



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Sexy dragon ladyboy

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: laughsome field jewess

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: Razzle abnormal gas station



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Sexy dragon ladyboy

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: Razzle abnormal gas station



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Beady-eyed elastic band

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: Cruel-hearted home



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: olive orchestra pit

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: Lime Overrated Pocket Flask Fanboi

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: Cruel-hearted home

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: olive orchestra pit

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: Vivacious sinister nursing home headpube

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: Mischievous navy sandwich 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: primrose charismatic spot

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: Mischievous navy sandwich 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: primrose charismatic spot

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: Mischievous navy sandwich 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: seedy theater mexican

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: laughsome field jewess

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: Crusty double fault



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: primrose charismatic spot

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: turquoise coiffed foreskin



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: olive orchestra pit

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: Cruel-hearted home

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: Cruel-hearted home

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: Magenta cruise ship

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: Arrogant chad french chef

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: Sienna property

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: Obsidian Rehab

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: iridescent temple gaming laptop



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: scarlet private investor

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: Sienna property

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: Trip Address

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: Beady-eyed elastic band

?

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: Honey-headed titillating new version

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: galvanic ticket booth friendly grandma

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: olive orchestra pit

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: turquoise coiffed foreskin

“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: odious lilac scourge upon the earth

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: laughsome field jewess



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: turquoise coiffed foreskin

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: olive orchestra pit

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: erotic quadroon box office

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: duck-like flesh boiling water nibblets



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Cruel-hearted home

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: ultramarine hairless crackhouse

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: olive orchestra pit

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: Curious garrison sneaky criminal

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: Glittery philosopher-king

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: Glittery philosopher-king

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: Lime Overrated Pocket Flask Fanboi

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: Glittery philosopher-king

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: olive orchestra pit

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: Anal haunted graveyard antidepressant drug

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: turquoise coiffed foreskin

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)