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Sport's betting is now legal.
Posted: May 14th, '18, 15:16
by SnoBrdr
This should be interesting.
Re: Sport's betting is now legal.
Posted: May 15th, '18, 08:59
by brownman
At least .. if they're counting winnings as taxable income, should be able to factor losses as deductions.
Poor Vinny, 50 yrs running book .. 1st the Internet slashes his client base .. then leagues aim to end his livelihood
Wishing Al Gore never invented the web
Re: Sport's betting is now legal.
Posted: May 15th, '18, 09:10
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.
Re: Sport's betting is now legal.
Posted: May 15th, '18, 10:12
by XtremeJibber2001
brownman wrote:At least .. if they're counting winnings as taxable income, should be able to factor losses as deductions.
Gambling losses are tax deductible, but only to the extent of your winnings and if you itemize (e.g., losses can't exceed winnings).
Re: Sport's betting is now legal.
Posted: May 15th, '18, 11:11
by brownman
Aware of that .. thank you Embiid
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
Re: Sport's betting is now legal.
Posted: May 15th, '18, 12:34
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
Re: Sport's betting is now legal.
Posted: May 15th, '18, 15:21
by SnoBrdr
brownman wrote:At least .. if they're counting winnings as taxable income, should be able to factor losses as deductions.
Poor Vinny, 50 yrs running book .. 1st the Internet slashes his client base .. then leagues aim to end his livelihood
Wishing Al Gore never invented the web
You always could at the casino, really easy if you sign up for their rewards programs.
Re: Sport's betting is now legal.
Posted: May 23rd, '18, 18:33
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
Re: Sport's betting is now legal.
Posted: May 5th, '19, 07:30
by brownman
Maximum Security got jobbed
In the history of the Derby, bumping goes on all the time. Total bag job
Video stop action replays are on the cusp of ruining the sporting experience.
Yeah, I lost some money ..