The Hangout: SegNin made fun of my thread title :(

[Anonymous]

They don't tax all winnings as far as I know. Isn't it just a gift tax?

unless they've written online poker into the tax laws lately, you have to declare gross winnings, then deduct gross losses, which can't exceed winnings. That's the generic "gambling" law.

[Strongbad]

and once this $9 becomes $100, I'll start playing tournament that pay $45 for wins. You gotta start low.

If you actually think you are going to make a living playing online poker then you are a fool.

[Cyberxion]

If you actually think you are going to make a living playing online poker then you are a fool.

Or more of one as the case may be...

[Raype]

Good slave, be happy.

I wish I got that sense of accomplishment from working. I only get a sense of accomplishment from making things............................................ .................................................. ..............................................

Maybe I should make things for a living?

Good idea.

I suggest starting with making children.

Hey, it's a job.

Or at least that's what the sperm bank tells me.

[Evans]

Legally, poker is classified as a game of skill. Which is why the IRS takes taxes out of winnings.

Excuse me, DECLARED winnings.

Great, even the government acknowledges that you fail.

It's official.

[Raype]

unless they've written online poker into the tax laws lately, you have to declare gross winnings, then deduct gross losses, which can't exceed winnings. That's the generic "gambling" law.

lol online poker as a career lol.

[Cyberxion]

Good idea.

I suggest starting with making children.

Hey, it's a job.

Or at least that's what the sperm bank tells me.

Did you ask last time you were in to make a withdrawal?

[Anonymous]

If you actually think you are going to make a living playing online poker then you are a fool.

what's that? sorry, i was too busy watching "I've got 11 world series bracelets and I'm worth $100million" by Phil Helmuth.

[Cyberxion]

Great, even the government acknowledges that you fail.

It's official.

[Cyberxion]

what's that? sorry, i was too busy watching "I've got 11 world series bracelets and I'm worth $100million" by Phil Helmuth.

So now you're even too lazy to stick with the online poker? Fail.

[Strongbad]

what's that? sorry, i was too busy watching "I've got 11 world series bracelets and I'm worth $100million" by Phil Helmuth.

Hahahahahahahahhaaa. Yeah, and what makes you think you are going to be one of the select few that actually succeed? You won't be.

[Anonymous]

what's that? sorry, i was too busy watching "I've got 11 world series bracelets and I'm worth $100million" by Phil Helmuth.

I just realized, Phil would be the person that would actually film that. :X ego the size of the Atlantic.

[Sprung]

what's that? sorry, i was too busy watching "I've got 11 world series bracelets and I'm worth $100million" by Phil Helmuth.

Rented or pirated?

[Raype]

Did you ask last time you were in to make a withdrawal?

Yes.

Hey, I couldn't to spike that keg with my own juice.

I'm only one man.

[Cyberxion]

I'm going to go watch some Eyeshield 21. Later peoples.