Sport's betting is now legal.

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SnoBrdr
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Sport's betting is now legal.

Post by SnoBrdr »

This should be interesting.
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brownman
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Re: Sport's betting is now legal.

Post by brownman »

At least .. if they're counting winnings as taxable income, should be able to factor losses as deductions. :like

Poor Vinny, 50 yrs running book .. 1st the Internet slashes his client base .. then leagues aim to end his livelihood :sad:
Wishing Al Gore never invented the web 8)

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Nikoli
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Re: Sport's betting is now legal.

Post by Nikoli »

For those of us who have been placing bets on game results nothing really changes. This is a game changer for real time betting.
And the sea will grant each man new hope . . .
-Christopher Columbus
XtremeJibber2001
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Re: Sport's betting is now legal.

Post by XtremeJibber2001 »

brownman wrote:At least .. if they're counting winnings as taxable income, should be able to factor losses as deductions. :like
Gambling losses are tax deductible, but only to the extent of your winnings and if you itemize (e.g., losses can't exceed winnings).
brownman
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Re: Sport's betting is now legal.

Post by brownman »

Aware of that .. thank you Embiid :P
I wrote off my biggest loss last year as a line item attributed to your Eagles.
They haven't audited me thusfar.

https://cei.org/content/legalizing-spor ... ted-states

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XtremeJibber2001
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Re: Sport's betting is now legal.

Post by XtremeJibber2001 »

brownman wrote:I wrote off my biggest loss last year as a line item attributed to your Eagles.
Hope you learned your lesson :lol: :Toast
SnoBrdr
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Re: Sport's betting is now legal.

Post by SnoBrdr »

brownman wrote:At least .. if they're counting winnings as taxable income, should be able to factor losses as deductions. :like

Poor Vinny, 50 yrs running book .. 1st the Internet slashes his client base .. then leagues aim to end his livelihood :sad:
Wishing Al Gore never invented the web 8)

:Toast
You always could at the casino, really easy if you sign up for their rewards programs.
Beware of fools & trolls here, they lurk everywhere.
brownman
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Re: Sport's betting is now legal.

Post by brownman »

I called Vinny and took the Celtics in game 5.
Hoping to see a bruising physical game.

Gravy sure is excellent this season :like

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brownman
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Re: Sport's betting is now legal.

Post by brownman »

Maximum Security got jobbed :dislike
In the history of the Derby, bumping goes on all the time. Total bag job :roll:
Video stop action replays are on the cusp of ruining the sporting experience.

Yeah, I lost some money .. :sad:

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Forever .. Goat Path
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