full tilt poker + the IRS = Ohhhhh snap

[nodepositneeded]

Maybe we should all invest in a company that makes prison jumpsuits?

[eejit101]

Maybe we should all come to the UK and party like its.... 1999?

The Punxa

[Ringo]

Maybe we should all invest in a company that makes prison jumpsuits?

everyone that has called my all in with a crap hand and won should be in a jumpsuit?

[ScareCrowAKA]

... im safe, since i prob deposited a total of 150$ on that rigged a$$ BS site and lost it all

but now that the complete deposit history will be in he gov't hands... im sure they will be looking into everything about everyone who made any deposits at all

[Ringo]

I never deposited at FT but did win $400 aprox and transfered it all to other people in trades

[Pokerkitty6]

I made weekly deposits and they owe me $129 I'll probably never see because they will "keep it for taxes". I only made the minimum deposits.

[ScareCrowAKA]

the taxes will go on how much u were up or down for the yr... I dont know if they would take out the standard % of taxes for gambling winnings, then leave it up to you to fille corrections on your return (for Actual tax bracket and offsetting losses)... or refund u the whole 129$ and leave it to u to claim it

my guess is they will hold it out of the refund, since that way some people wont file the corrections and even if u do file the correction, the gov't gets a few months of interest free loan on your $

... since they are broke

[eejit101]

I have no idea how this all happened.

I blame ESPN

[PANAMHIEST]

... im safe, since i prob deposited a total of 150$ on that rigged a$$ BS site and lost it all

but now that the complete deposit history will be in he gov't hands... im sure they will be looking into everything about everyone who made any deposits at all

you can claim your loses on taxes too

[ScareCrowAKA]

I wish the gov't would regulate it... I would play if the companies were big name companies on American soil that were prosecutable in the American court system

but i dont see it happening, since it would pretty much put all the live poker rooms out of business... and hurt alot of local/state municipalities that rely on the tax revenues, (and hault all the kickbacks from the underground rooms, )

they would have to do something like enforce a 200$ a day loss limit online, that would basically steal some of the low limit players from the live rooms/casinos and leave in the big fish

I imagine the entities that operated it would look alot like multi-state lotteries, like powerball megamillions

[NDN]

I wish the gov't would regulate it... I would play if the companies were big name companies on American soil that were prosecutable in the American court system

but i dont see it happening, since it would pretty much put all the live poker rooms out of business... and hurt alot of local/state municipalities that rely on the tax revenues, (and hault all the kickbacks from the underground rooms, )

they would have to do something like enforce a 200$ a day loss limit online, that would basically steal some of the low limit players from the live rooms/casinos and leave in the big fish

I imagine the entities that operated it would look alot like multi-state lotteries, like powerball megamillions

I'd like to see the comps that would be available to online poker players once Harrah's (now Caesar's) and the likes get into the game once the industry is regulated.

[ScareCrowAKA]

probably pretty decent

... you just won 5k online, heres a free room, at the closest harrahs, come get drunk and blow it all