USO ALL IN 3TP after 2 brutal beats (1 self inflicted)

[dougtushyterror]

Good luck on your parlay bud

12 for 12 Jerky going ALL IN since the Mavs g3 massacre on 6/12..really trying to avoid 13 for 13 for as long as possible

 

[dougtushyterror]

Capped off the night with TP to get it over 30k & a quick little $340 payout. Could've gotten -350 going into s4 but bet him at 5-6 right before he got broken for the set. Tough call, cuz if he holds & wins the TB, then it was the "right move".

 

[lekidecincinnati]

@dougtushyterror hey question, when you hit that big parlay at FD when you hitched over there on a bus collecting your bag of cash. Did you have to pay any taxes on that money and what was the winning amount for I forget ? Posters are telling me that I’m gonna have to pay taxes on my 15K wager that I just made at the Hard Rock Bet if I win.

i don't think u and doug are seeing the big picture, of course u might not have to pay taxes on the spot but come tax time the following year uncle sam wants his cut gambling winnings are not tax free

How much are taxes on sports betting?​

Your sports betting winnings are considered taxable income—specifically they are deemed ordinary income on your return. If you’ve won money placing bets, the tax rate can be anywhere from 10% to 37% based on your income tax bracket.

If you’ve lost money, you won’t owe any taxes, but you may be able to deduct your losses if you itemize your deductions on your return. Take note: You can’t deduct more than your winnings.

 

[JDS]

i don't think u and doug are seeing the big picture, of course u might not have to pay taxes on the spot but come tax time the following year uncle sam wants his cut gambling winnings are not tax free

How much are taxes on sports betting?​

Your sports betting winnings are considered taxable income—specifically they are deemed ordinary income on your return. If you’ve won money placing bets, the tax rate can be anywhere from 10% to 37% based on your income tax bracket.

If you’ve lost money, you won’t owe any taxes, but you may be able to deduct your losses if you itemize your deductions on your return. Take note: You can’t deduct more than your winnings.

Trust me I’ll be paying capital gain tax with my bitcoin sales throughout this year from my winnings. If I win this bet and have to pay taxes on this I will certainly do that as well, not worth the risk with AI technology in 2024.

 

[lekidecincinnati]

Trust me I’ll be paying capital gain tax with my bitcoin sales throughout this year from my winnings. If I win this bet and have to pay taxes on this I will certainly do that as well, not worth the risk with AI technology in 2024.

u and doug are pretty much professional gamblers now, save all ur losing tickets to help cut down on the win amounts

 

[jjgold]

Tremendous handicapping

 

[JDS]

u and doug are pretty much professional gamblers now, save all ur losing tickets to help cut down on the win amounts

Yeah for sure I’ll have them ready.