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Thread: Will they adjust pay tables in 2026?

  1. #361
    Originally Posted by kewlJ View Post
    Isn't me that changed AcctinQ. It is you. Take 20 minutes and go back 5-6 years and read what you were writing and what I was writing. I am the same guy. You, 180 degrees different.

    Of all the stupid shit you haters have come up with the absolute stupidest is that I have spent 22 years learning everything I have learned, moved 2500 miles across country, learned what I need to learn about Las Vegas and card counting in Vegas, so that I can fool 10 people on a nearly dead internet forum. Do you know how ridiculous that is. Hard to take anything you say seriously when you repeat THAT.
    We are both the same guy. The difference is I believed you 5-6 years ago and was a victim of your lies by repeating them as if I was an authority. You were given a chance to denounce your bullshit to me in private. You didn't and told me to fuck off.

    You are as nasty to redietz as Singer etc is to you. You can't sit here and play victim and get any sympathy from me.

    You have tried to convince far far more people than 10 on this forum. And no one knows the truth so... whatever bro. Go ahead and be a dick to Redietz but at least he is a real person with all his flaws.

    But sure if you don't want to take me seriously IDGAF. Anyone with any sense can read what is going on and will mmake a call pretty close to what is going on.

    edit - to be clear. I don't care that much that you go after Redietz. We're all here and willingly participate. Redietz doesn't need me sticking up for him. What I can't stand is this whole "oh all these nasty people. You are so nasty" when you just go read the shit yous ay and you're absolutely no better. Reality means nothing to you.

  2. #362
    Originally Posted by MisterV View Post
    Originally Posted by kewlJ View Post
    Originally Posted by MisterV View Post

    Some of us come off as real assholes at times when we post (myself included) but it seems to me that is just our "false face," our internet personae which we adopt in order to have a bit of fun and find some temporary relief from the pressures of modern living.
    MrV, I don't see where you do this?
    I've mocked Karen and treated her shabbily in a quasi-racist manner.

    No regrets at that assholery though: going down the rabbit hole with "mammie" and "shittin' de flo'" was a blast.
    And thats a big reason I think somewhat lowly of you.

    I don't like black people much but I don't hold it against anyone that they were born black. I don't and won't ever ridicule someone for being black. Now I may avoid them.... but.. you seem to delight in it. Just low class behavior. At some point when someone is a success in life they shouldn't feel a need to do that. You do. I know.. bad experiences in life ... so ? who hasn't had them?

  3. #363
    Originally Posted by accountinquestion View Post
    Originally Posted by MisterV View Post
    Originally Posted by kewlJ View Post

    MrV, I don't see where you do this?
    I've mocked Karen and treated her shabbily in a quasi-racist manner.

    No regrets at that assholery though: going down the rabbit hole with "mammie" and "shittin' de flo'" was a blast.
    And thats a big reason I think somewhat lowly of you.

    I don't like black people much but I don't hold it against anyone that they were born black. I don't and won't ever ridicule someone for being black. Now I may avoid them.... but.. you seem to delight in it. Just low class behavior. At some point when someone is a success in life they shouldn't feel a need to do that. You do. I know.. bad experiences in life ... so ? who hasn't had them?
    No, I wrote than because it was fun.

    I really can be an asshole at times.

    No bad experiences with blacks; hell, one night in college my black buddy, Ben, showed me how to peel and rob the cigarette machine at our dorm.

    Using only a sawed-off broom stick with a nail punched through the end he quietly broke the glass then removed all the smokes and coins.

    I was...impressed.

    What's not to like?
    Last edited by MisterV; Yesterday at 01:46 AM.
    What, Me Worry?

  4. #364
    Originally Posted by accountinquestion View Post
    Originally Posted by kewlJ View Post
    Isn't me that changed AcctinQ. It is you. Take 20 minutes and go back 5-6 years and read what you were writing and what I was writing. I am the same guy. You, 180 degrees different.

    Of all the stupid shit you haters have come up with the absolute stupidest is that I have spent 22 years learning everything I have learned, moved 2500 miles across country, learned what I need to learn about Las Vegas and card counting in Vegas, so that I can fool 10 people on a nearly dead internet forum. Do you know how ridiculous that is. Hard to take anything you say seriously when you repeat THAT.
    We are both the same guy. The difference is I believed you 5-6 years ago and was a victim of your lies by repeating them as if I was an authority. You were given a chance to denounce your bullshit to me in private. You didn't and told me to fuck off.

    You are as nasty to redietz as Singer etc is to you. You can't sit here and play victim and get any sympathy from me.

    You have tried to convince far far more people than 10 on this forum. And no one knows the truth so... whatever bro. Go ahead and be a dick to Redietz but at least he is a real person with all his flaws.

    But sure if you don't want to take me seriously IDGAF. Anyone with any sense can read what is going on and will mmake a call pretty close to what is going on.

    edit - to be clear. I don't care that much that you go after Redietz. We're all here and willingly participate. Redietz doesn't need me sticking up for him. What I can't stand is this whole "oh all these nasty people. You are so nasty" when you just go read the shit yous ay and you're absolutely no better. Reality means nothing to you.
    Lol. No one is nastier than redietz.
    Druff, let us know when you receive redietz’ credit score.

  5. #365
    That's the ticket!! A forum like this is MEANT to be nasty! The insults, the BS, the zingers....the whole world has taken a dive in recent years, Donald Trump can't fix everything, kew's sickness isn't getting any better and there's no known cure, and badmouthing one another is the only tried & true temporary band aid.

    Of course, there is always hope. If this nutbag zenking teams up with kew to start a bj forum, in order to set the proper tone due to their reputations as tippie toes, the first order of business would be to inform everyone that "bj" stands for blackjack--and not blow job.

    Always remember kew's exclusive claim to fame: "I am the same envious liar and phony tale-teller today that I was 5-1/2 years ago!" If ZK blows him 5 times in 24 hours with one ass-licking in-between, the resulting bond could be the catalyst in forming the nicest gambling forum in forum history!

    Minnesota lost it's nice. It's now Nevada Nice

  6. #366
    Originally Posted by mickeycrimm View Post
    Originally Posted by accountinquestion View Post
    Originally Posted by kewlJ View Post
    Isn't me that changed AcctinQ. It is you. Take 20 minutes and go back 5-6 years and read what you were writing and what I was writing. I am the same guy. You, 180 degrees different.

    Of all the stupid shit you haters have come up with the absolute stupidest is that I have spent 22 years learning everything I have learned, moved 2500 miles across country, learned what I need to learn about Las Vegas and card counting in Vegas, so that I can fool 10 people on a nearly dead internet forum. Do you know how ridiculous that is. Hard to take anything you say seriously when you repeat THAT.
    We are both the same guy. The difference is I believed you 5-6 years ago and was a victim of your lies by repeating them as if I was an authority. You were given a chance to denounce your bullshit to me in private. You didn't and told me to fuck off.

    You are as nasty to redietz as Singer etc is to you. You can't sit here and play victim and get any sympathy from me.

    You have tried to convince far far more people than 10 on this forum. And no one knows the truth so... whatever bro. Go ahead and be a dick to Redietz but at least he is a real person with all his flaws.

    But sure if you don't want to take me seriously IDGAF. Anyone with any sense can read what is going on and will mmake a call pretty close to what is going on.

    edit - to be clear. I don't care that much that you go after Redietz. We're all here and willingly participate. Redietz doesn't need me sticking up for him. What I can't stand is this whole "oh all these nasty people. You are so nasty" when you just go read the shit yous ay and you're absolutely no better. Reality means nothing to you.
    Lol. No one is nastier than redietz.
    haha, perhaps. I can concede that angle but I'm just pissy to see Kewl use every thing he can think of in just as nasty of a response then whine and whine about how the trolls this and that. He's recently come around on a mission to f with redietz. Which is fine - whatever. But then you gotta hear about how he's on some holy high mission otherwise. It is all bullshit. Dude is incredibly fake. I was just in a crappy mood last night trying to cheer myself up by spitting mostly truth.

  7. #367
    Originally Posted by mickeycrimm View Post
    Originally Posted by SLaPiNFuNK View Post
    Originally Posted by kewlJ View Post
    While running some errands this morning, I was thinking about this new tax 'penalty'. I am expecting pushback from the casino industry and their lobby. But so far it has been almost non-existant. There is pushback from analysts and such in the industry speculating some negatives, and from lawmakers representing Las Vegas and Nevada, but really not much from the industry itself. You would think they would be up in arms.

    So I was thinking what if the actual casino industry is on board with this bill? Maybe they think it as a way to fight back against advantage players? In the last 10 years or so there has been an explosion of machine type advantage play. You went from poker advantage play which has been around far long than 10 years, to different advantage play with all the newer type machines. There was the multi-carding period, to now the slot AP that mickey and others are doing is very big,

    The industry has been slow to come up with ways to combat some of these advantage play methods and about the time they figure something out some new AP thing pops up. Maybe this new law which they are secretly or silently on board with is their way to combat the whole growing machine advantage play problem they have faced for a decade or more.

    I mean we know these game protection groups and consultants feed the casinos and industry over-inflated numbers about how much advantage play is hurting their bottom line.

    Personally, I think it would be a stupid move because it is going to hurt them far more driving down, just your regular gamblers. Kind of a cut off your nose to spite your face scenario. Would it surprise me if the industry made a bad decision like that? absolutely not. Anyway, just trying to figure why we haven't seen much push back from the actual casinos and casino industry. THAT is the part that doesn't make sense. (Bad) ulterior motive?

    There are videos of tax professionals and professional gamblers who have looked into this...

    The casino industry is not going to speak out against this as they want you to keep feeding the machines...

    It would be great if they overturn it but I am not holding my breath.

    The law is pretty clear.... "You can only write off 90% of your losses"

    In gambling, you can not write off more than you have won. Then you start needing to prove where those additional funds came from for one, and there is no benefit for writing off more as you are not going to get any additional deductions.

    Note, that the 90% of losses is against REPORTED WINS... Reported wins are W2G or Stated Income...

    If you are a slot player, your wins are shown on W2G's...

    If you are a professional black jack player, your wins come from what you state...

    IF you were to report EVERY WIN, and EVERY LOSS, the amount would be crazy that you would owe... Say you are a professional black jack player and you decide to be a fuckass and report every win and every loss, itemized... Based on the new law, say you won $1,000,000 worth of hands, and lost $900,000 worth of hands.... Not only are you paying tax on $100,000 worth of income but also an additional $90,000 for your losses you decided to report. Do you think you are better off itemizing and paying taxes on $190,000 worth of income even though you only made $100,000?

    I'm tired of repeating myself. You guys are in denial if you think this isn't going to effect you. But if you are playing $0.25 video poker and lower it wont... $0.50 video poker player will only effect you if you hit a royal... etc etc...

    It applies to W2G payouts mainly... Judging by the "Big Casino Wins and Jackpots" thread, majority of you aren't playing enough for this to matter...

    Fact is, 10% of W2G's are now taxable... No additional "writing off losses" is going to cancel that out...

    If you aren't getting W2G's it doesn't apply to you.

    If you have gotten W2G's in the past, you know how to handle the taxes with them...

    I know very very well about W2G's... Unfortunately my tax guy in 2015 tax year neglected to account for about $120K worth of W2G's... I found out when I got a tax bill for about $35K... They said I could file an amended return so I did.. They denied it because they said "I could not file additional losses"... Lawyers involved etc, we tried to explain to the IRS how it worked where you could get a W2G for a "Win" but it actually just get you even or you still have a loss for that session etc... No luck... I got fucked and had to pay $35K plus penalties etc on W2G income I didn't actually have... So I've been there before and it fucking sucks...

    For you brokeass fucks, this doesn't matter to you.

    For those of you who are playing, winning or not, every W2G you need to keep in mind, unless this bill changes, 10% of that win is going to be taxable winning year or not...

    Fucks...
    Yes, two certified public accountants that specialize in gambling taxes have appeared on Gambling With An Edge. Their way of doing it is totally different from your way. They are considered experts. You are not conisered an expert.



    Just listened to the first one...

    For poker tournament players be clearly said no way around that...

    For the rest, he is planning to use cases where people adjusted their gross income by claiming session wins not gross wins... He even said kind of nonchalantly that "come February 2027 we will file and see what happens."

    So still, until this law changes if you're gambling getting a lot of W2G I would be very careful...

    I'm starting the 2nd video meow...

  8. #368
    Originally Posted by SLaPiNFuNK View Post
    So still, until this law changes if you're gambling getting a lot of W2G I would be very careful...

    I'm starting the 2nd video meow...
    Jason, please lock your keyboard when leaving home. No one cares about your cat's opinion on tax law.
    What's the poopiest dinosaur?
    The velocicraptor.

  9. #369
    Originally Posted by Don Perignom View Post
    Originally Posted by SLaPiNFuNK View Post
    So still, until this law changes if you're gambling getting a lot of W2G I would be very careful...

    I'm starting the 2nd video meow...
    Jason, please lock your keyboard when leaving home. No one cares about your cat's opinion on tax law.
    Meow is reference to a game... I guess you don't have a sense of humor?




    I watched the second video.

    What is wild to me, is in the 23 years my father and I were filing W2G's which adjusted our gross income, and the 2 extra on my own, no one, not even any of you degenerates ever suggested we track sessions and file the special form to file "sessions" rather than report our gross winnings and deduce losses against that.

    So great... Video Poker / Slot Players etc can report "Sessions" and deduce the 90% of NET Losses not Gross Losses. This is what they are assuming based on previous tax laws.

    Glad I figured this now so I can start reporting "Sessions" and not have my "reported gross income" be hundreds of thousands more than it actually is...

    Now for poker tournament players and sports betters, it still sounds like you are fucked...

  10. #370
    Originally Posted by SLaPiNFuNK View Post
    Meow is reference to a game... I guess you don't have a sense of humor?
    What's my goldendoodle's favorite Beatle?

    Paw McCartney
    What's the poopiest dinosaur?
    The velocicraptor.

  11. #371
    Ever read "I Fought A Mountain Lion?"

    By Claude Balls.
    What, Me Worry?

  12. #372
    Originally Posted by SLaPiNFuNK View Post
    Originally Posted by Don Perignom View Post
    Originally Posted by SLaPiNFuNK View Post
    So still, until this law changes if you're gambling getting a lot of W2G I would be very careful...

    I'm starting the 2nd video meow...
    Jason, please lock your keyboard when leaving home. No one cares about your cat's opinion on tax law.
    Meow is reference to a game... I guess you don't have a sense of humor?




    I watched the second video.

    What is wild to me, is in the 23 years my father and I were filing W2G's which adjusted our gross income, and the 2 extra on my own, no one, not even any of you degenerates ever suggested we track sessions and file the special form to file "sessions" rather than report our gross winnings and deduce losses against that.

    So great... Video Poker / Slot Players etc can report "Sessions" and deduce the 90% of NET Losses not Gross Losses. This is what they are assuming based on previous tax laws.

    Glad I figured this now so I can start reporting "Sessions" and not have my "reported gross income" be hundreds of thousands more than it actually is...

    Now for poker tournament players and sports betters, it still sounds like you are fucked...
    Littering and? Littering and?

  13. #373
    Originally Posted by SLaPiNFuNK View Post
    Originally Posted by Don Perignom View Post
    Originally Posted by SLaPiNFuNK View Post
    So still, until this law changes if you're gambling getting a lot of W2G I would be very careful...

    I'm starting the 2nd video meow...
    Jason, please lock your keyboard when leaving home. No one cares about your cat's opinion on tax law.
    Meow is reference to a game... I guess you don't have a sense of humor?




    I watched the second video.

    What is wild to me, is in the 23 years my father and I were filing W2G's which adjusted our gross income, and the 2 extra on my own, no one, not even any of you degenerates ever suggested we track sessions and file the special form to file "sessions" rather than report our gross winnings and deduce losses against that.

    So great... Video Poker / Slot Players etc can report "Sessions" and deduce the 90% of NET Losses not Gross Losses. This is what they are assuming based on previous tax laws.

    Glad I figured this now so I can start reporting "Sessions" and not have my "reported gross income" be hundreds of thousands more than it actually is...

    Now for poker tournament players and sports betters, it still sounds like you are fucked...
    I asked my former son-in-law about this new 90% issue yesterday. He's now a regional audit mgr. so he should have the latest info. He doesn't--not yet, and not for a while. His "opinion" for 2026: keep filing the way you've been filing with the W2G's because if there's a change from the previous 3 years the computers may flag the return for eyes to look at it. Of course, there's more reasons for differences than just this, but there's no info yet on what they're going to program the computers to look at with this.

    So nobody really knows yet. The tax experts have their court case precedents but you dont really want it to get to that stage. At least I wouldn't.

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