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BBB screwing over professional gamblers is 180

...
At-the-ready house
  07/02/25
how does it do that?
Zippy Lime Lodge Really Tough Guy
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
At-the-ready house
  07/02/25
...
trip home pocket flask
  07/02/25
wow lol
Zippy Lime Lodge Really Tough Guy
  07/02/25
...
trip home pocket flask
  07/02/25
This is actually very good
Lavender Jewess
  07/02/25
...
cobalt stage liquid oxygen
  07/04/25
LOL, fuck CSLG
mischievous nofapping step-uncle's house indirect expression
  07/02/25
wow
transparent swashbuckling boiling water
  07/02/25
Lol
cobalt stage liquid oxygen
  07/04/25
or in this guy's case, you pay tx on $1 million!
mischievous nofapping step-uncle's house indirect expression
  07/04/25
all of those professional gamblers and poker players are com...
Disrespectful Stead Juggernaut
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Slate dashing box office weed whacker
  07/02/25
Pros aren't using apps.
Razzle buff pit
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Slate dashing box office weed whacker
  07/02/25
You can't deduct losses at all unless you are a pro.
Razzle buff pit
  07/02/25
i get that youre running retard shtick bait now but we all k...
Slate dashing box office weed whacker
  07/02/25
why did that even get added? seems totally random considerin...
Dead laser beams boistinker
  07/02/25
someone in the senate added it last minute. no idea who, but...
At-the-ready house
  07/02/25
...
citrine histrionic codepig love of her life
  07/02/25
This is 180. Get the pros out.
Razzle buff pit
  07/02/25
...
turquoise learning disabled feces
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
mischievous nofapping step-uncle's house indirect expression
  07/04/25
Lol 180
cobalt stage liquid oxygen
  07/04/25
Yeah, now if only they had done the same thing with upping t...
cobalt stage liquid oxygen
  07/04/25
they should update the outdated jackpot threshold while they...
floppy bistre senate
  07/02/25
The Kenny Amendment
Coral lascivious lettuce hospital
  07/02/25
The Better Business Bureau are unelected tyrants
garnet jap pisswyrm
  07/02/25
.
motley site
  07/02/25
...
Mewling marvelous abode
  07/05/25
I love how the party of limited government thinks it's 180 f...
fear-inspiring concupiscible state gaming laptop
  07/02/25
Just win your bets dude
garnet jap pisswyrm
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Avocado Ratface
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Lavender Jewess
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Poppy excitant azn dilemma
  07/03/25
180
multi-colored mad-dog skullcap
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
mischievous nofapping step-uncle's house indirect expression
  07/04/25
“If this goes through as it is written, I would basica...
turquoise learning disabled feces
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Bateful territorial becky
  07/04/25
...
At-the-ready house
  07/04/25
we should crowdsource buying the syndication rights to Poker...
turquoise learning disabled feces
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
mischievous nofapping step-uncle's house indirect expression
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Passionate Forum
  07/04/25
...
Ivory parlour generalized bond
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
cobalt stage liquid oxygen
  07/05/25
Trade or business expense for professional gamblers and is 1...
Spectacular casino
  07/04/25
can an AI give legal advice?
mischievous nofapping step-uncle's house indirect expression
  07/04/25
online poker was fucked already and hardly anyone was making...
Beady-eyed sound barrier
  07/04/25
How does the government know how much you won or lost playin...
Pungent school nibblets
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Pungent school nibblets
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
transparent swashbuckling boiling water
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Pungent school nibblets
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
mischievous nofapping step-uncle's house indirect expression
  07/04/25
if a lib did this xo would be screeching at the top of its l...
puce violent public bath boltzmann
  07/05/25
not allowing GC twats to create a Biff future is core conser...
turquoise learning disabled feces
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: At-the-ready house



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Zippy Lime Lodge Really Tough Guy

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: At-the-ready house

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: trip home pocket flask



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Zippy Lime Lodge Really Tough Guy

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: trip home pocket flask



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Lavender Jewess

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: cobalt stage liquid oxygen



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: mischievous nofapping step-uncle's house indirect expression

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: transparent swashbuckling boiling water

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: cobalt stage liquid oxygen

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: mischievous nofapping step-uncle's house indirect expression

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: Disrespectful Stead Juggernaut

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: Slate dashing box office weed whacker

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: Razzle buff pit

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: Slate dashing box office weed whacker

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: Razzle buff pit

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: Slate dashing box office weed whacker

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: Dead laser beams boistinker

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: At-the-ready house

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: citrine histrionic codepig love of her life



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Razzle buff pit

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: turquoise learning disabled feces



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: mischievous nofapping step-uncle's house indirect expression

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: cobalt stage liquid oxygen

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: cobalt stage liquid oxygen

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: floppy bistre senate

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: Coral lascivious lettuce hospital

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: garnet jap pisswyrm

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: motley site

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Mewling marvelous abode



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: fear-inspiring concupiscible state gaming laptop

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: garnet jap pisswyrm

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: Avocado Ratface

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: Lavender Jewess

?

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: Poppy excitant azn dilemma

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: multi-colored mad-dog skullcap

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: mischievous nofapping step-uncle's house indirect expression

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: turquoise learning disabled feces

“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: Bateful territorial becky

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: At-the-ready house



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: turquoise learning disabled feces

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: mischievous nofapping step-uncle's house indirect expression

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: Passionate Forum

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: Ivory parlour generalized bond



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: cobalt stage liquid oxygen

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: Spectacular casino

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: mischievous nofapping step-uncle's house indirect expression

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: Beady-eyed sound barrier

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: Pungent school nibblets

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: Pungent school nibblets

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: transparent swashbuckling boiling water

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: Pungent school nibblets

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: mischievous nofapping step-uncle's house indirect expression

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: puce violent public bath boltzmann

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: turquoise learning disabled feces

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)