Tax question: offshore casino winnings

[AxelWolf]

You mean, an offshore didn't provide a W2-G? Godawmighty, Granny, can u eeemaginate that?

And they might not have reported it to the Eye-R-SS? Holy moley, Batman, stop the presses!!

And the sky is occasionally blue.

Sorry, MrV, but you need to watch some old Miami Vice episodes or something to grasp the sanctity of the US tax code.

Why be a smart ass in this situation? Not everyone plays and understands the in's and outs of online gambling.

And since it's his friend he probably wasn't all that motivated to fully educate himself on the matter.

#1 motivation for Redietz posting is him trying to convince someone that he is smart and knowledgeable. (That someone might be himself)

Saying something useful is waay waaay down the list.

This is what gives him character tho and adds to this site a lot.

I guess, I don't know.

I know that MR.V never claimed to be an advantage player and I'm willing to be he doesn't have much experience gambling online. Red seem to indicate this was something most people should/would know.

[MisterV]

Yes Axl, I've ZERO experience gambling online: never really looked into it and wasn't sure what system, if any, was in place.

[accountinquestion]

Why be a smart ass in this situation? Not everyone plays and understands the in's and outs of online gambling.

And since it's his friend he probably wasn't all that motivated to fully educate himself on the matter.

#1 motivation for Redietz posting is him trying to convince someone that he is smart and knowledgeable. (That someone might be himself)

Saying something useful is waay waaay down the list.

This is what gives him character tho and adds to this site a lot.

I guess, I don't know.

I know that MR.V never claimed to be an advantage player and I'm willing to be he doesn't have much experience gambling online. Red seem to indicate this was something most people should/would know.

Best case is he is not condescending at all but then he'll be enigmatic and puzzling. Directing it at one other person - as if the other is one of the few who knows. (which is likely true)
It is always something with a bit of I know something you don't sprinkled on it.

Although on occasion he posts normal-like and I'm shocked. Singer too.

[AxelWolf]

Yes Axl, I've ZERO experience gambling online: never really looked into it and wasn't sure what system, if any, was in place.

I'll stop just short of absolute zero chance of an offshore casino reporting anything to anyone.

I don't think the banks are going to report anything in this case, so he is probably safe unless there's an IRS audit.

I'm more sure how he files, standard, or itemizes, but he can claim losses vs wins and it might be worth it to go that route if he can itemize.

I am more curious what online casino, it's always good to know what casinos are paying.

[mickeycrimm]

#1 motivation for Redietz posting is him trying to convince someone that he is smart and knowledgeable. (That someone might be himself)

Saying something useful is waay waaay down the list.

This is what gives him character tho and adds to this site a lot.

I guess, I don't know.

I know that MR.V never claimed to be an advantage player and I'm willing to be he doesn't have much experience gambling online. Red seem to indicate this was something most people should/would know.

Best case is he is not condescending at all but then he'll be enigmatic and puzzling. Directing it at one other person - as if the other is one of the few who knows. (which is likely true)
It is always something with a bit of I know something you don't sprinkled on it.

Although on occasion he posts normal-like and I'm shocked. Singer too.

If redietz has the knowledge and experience he says he does then it would have been nothing for him to explain a little bit about it to V. The fact that he wouldn't explain even a little means one or two things.

1. He's just a POS troll fucking with people instead of contributing anything meaningful to the site.

2. He has no clue about extracting money from offshore sites. Which means he's a phony fake MF'er.

Hey, we can start a poll

1. Is ditz a POS troll?

2. Is ditz a phony fake MF'er?

And you can vote twice. I vote for 1....and 2.

[MaxPen]

I guess, I don't know.

I know that MR.V never claimed to be an advantage player and I'm willing to be he doesn't have much experience gambling online. Red seem to indicate this was something most people should/would know.

Best case is he is not condescending at all but then he'll be enigmatic and puzzling. Directing it at one other person - as if the other is one of the few who knows. (which is likely true)
It is always something with a bit of I know something you don't sprinkled on it.

Although on occasion he posts normal-like and I'm shocked. Singer too.

If redietz has the knowledge and experience he says he does then it would have been nothing for him to explain a little bit about it to V. The fact that he wouldn't explain even a little means one or two things.

1. He's just a POS troll fucking with people instead of contributing anything meaningful to the site.

2. He has no clue about extracting money from offshore sites. Which means he's a phony fake MF'er.

Hey, we can start a poll

1. Is ditz a POS troll?

2. Is ditz a phony fake MF'er?

And you can vote twice. I vote for 1....and 2.

Options to be included in the poll.

3. Red used to brew Billy Walters coffee

4. Red is really a FraudJ sockpuppet

[redietz]

Best case is he is not condescending at all but then he'll be enigmatic and puzzling. Directing it at one other person - as if the other is one of the few who knows. (which is likely true)
It is always something with a bit of I know something you don't sprinkled on it.

Although on occasion he posts normal-like and I'm shocked. Singer too.

If redietz has the knowledge and experience he says he does then it would have been nothing for him to explain a little bit about it to V. The fact that he wouldn't explain even a little means one or two things.

1. He's just a POS troll fucking with people instead of contributing anything meaningful to the site.

2. He has no clue about extracting money from offshore sites. Which means he's a phony fake MF'er.

Hey, we can start a poll

1. Is ditz a POS troll?

2. Is ditz a phony fake MF'er?

And you can vote twice. I vote for 1....and 2.

Options to be included in the poll.

3. Red used to brew Billy Walters coffee

4. Red is really a FraudJ sockpuppet

By all means, start a poll. I've spent weeks promulgating for it. Let me help:

1) Redietz won 25K in the offshore Race to the Super Bowl at Heritagesports.eu., but never figured out how to get the money.
2) Redietz won the TopBet offshore Pick the Pros two years ago versus 1200 entrants, but never figured out how to get the money. Just 18th (versus 900) last year, and still never figured out how to get the money.
3) Redietz's partner knows a high-profile offshore manager, which is why she's banned, including from squares pools, which I think is a first.
4) Redietz received money order payouts from one offshore in birthday cards to his aunts and grandmothers.

Be creative. Bonus points for Billy Walters comments. And I'll get coffee for those brilliant enough to have figured out that it was Roxborough who spent years trying to solve (and perhaps solving) Hong Kong racing. Oops, that was nobody on this site. No coffee for you guys.

I was all half hints and "mysterious" because I thought it was obvious who it would be. Never occurred to me that mickey wouldn't immediately know.

But such is life at VCT. All experts; no knowledge.

[mickeycrimm]

If redietz has the knowledge and experience he says he does then it would have been nothing for him to explain a little bit about it to V. The fact that he wouldn't explain even a little means one or two things.

1. He's just a POS troll fucking with people instead of contributing anything meaningful to the site.

2. He has no clue about extracting money from offshore sites. Which means he's a phony fake MF'er.

Hey, we can start a poll

1. Is ditz a POS troll?

2. Is ditz a phony fake MF'er?

And you can vote twice. I vote for 1....and 2.

Options to be included in the poll.

3. Red used to brew Billy Walters coffee

4. Red is really a FraudJ sockpuppet

By all means, start a poll. I've spent weeks promulgating for it. Let me help:

1) Redietz won 25K in the offshore Race to the Super Bowl at Heritagesports.eu., but never figured out how to get the money.
2) Redietz won the TopBet offshore Pick the Pros two years ago versus 1200 entrants, but never figured out how to get the money. Just 18th (versus 900) last year, and still never figured out how to get the money.
3) Redietz's partner knows a high-profile offshore manager, which is why she's banned, including from squares pools, which I think is a first.
4) Redietz received money order payouts from one offshore in birthday cards to his aunts and grandmothers.

Be creative. Bonus points for Billy Walters comments. And I'll get coffee for those brilliant enough to have figured out that it was Roxborough who spent years trying to solve (and perhaps solving) Hong Kong racing. Oops, that was nobody on this site. No coffee for you guys.

I was all half hints and "mysterious" because I thought it was obvious who it would be. Never occurred to me that mickey wouldn't immediately know.

But such is life at VCT. All experts; no knowledge.

Dude, you are lame. Why would I give a shit what Roxborough was doing?

[MaxPen]

Now I have further understanding into why there is delinquent property taxes.

[redietz]

Now I have further understanding into why there is delinquent property taxes.

Then don't be shy. Start a poll.

[accountinquestion]

Dude entered freerolls that didn't pay out anything.

Here is a true clip from the documentary redeitz has been raving on about.

"25k points not dollars they told me AFTER I bested out 20000 contestants. It was good for a goddam 25 dollar Applebee's gift card!

Kid, being a pro is never the right path."