Re: Official Party Regulars Thread
 

how do you get into the deuces?!

I'm only an ace [img]/images/graemlins/frown.gif[/img]

Re: Official Party Regulars Thread
 

[ QUOTE ]
how do you get into the deuces?!

I'm only an ace [img]/images/graemlins/frown.gif[/img]

[/ QUOTE ]

You need to earn 20,000 points in a quarter. Log in and check your Party Points...if there's a 2 in the upper right corner, click on it. If it's just an ace, you havent earned enough points

Re: Official Party Regulars Thread
 

Personally, i'm just gonna sit tight on my present PP account -- it is legit, after all. The deuces club is actually reasonable I guess.

My earlier point was basically saying that I don't buy into the whole "if you care about rakeback you must suck", cos it's [censored]. Rakeback is a large sum of money, for very little work, that would otherwise be going into the pockets of party or an affiate.

If your a smart poker player, who does their best to make +EV decisions wherever possible, then you should instantly recognise that rakeback is worth jumping through hoops for. In fact, you need to be earning millions to make it "not worth your time".

Re: Official Party Regulars Thread
 

[ QUOTE ]
From the data I saw it was like 13-15%ish between 1/2 and 25/50, which given that it is completely legitimate is not that bad compared to the 20%-25% unmentionable from before, which could be shut down at any minute and had to be done in secret. I just don't get it, here is a site where you can pull in 300-500/hr easily at midstakes and people are crying over $10/hr rakeback that was illegal anyway? Maybe work on your game people?

[/ QUOTE ]

wow i actually agree with my arch nemesis!!

Re: Official Party Regulars Thread
 

I'm so god damn lazy, should play more. I'm with ya on that one stigmata, deuces club doesn't sound too bad and I like having a legit account.

Re: Official Party Regulars Thread
 

[ QUOTE ]

My earlier point was basically saying that I don't buy into the whole "if you care about rakeback you must suck", cos it's [censored]. Rakeback is a large sum of money, for very little work, that would otherwise be going into the pockets of party or an affiate.

If your a smart poker player, who does their best to make +EV decisions wherever possible, then you should instantly recognise that rakeback is worth jumping through hoops for. In fact, you need to be earning millions to make it "not worth your time".

[/ QUOTE ]

It's worth your time, doesn't mean it's justified for people to be claiming Party are evil for actually cracking down on something that was already illegal anyway, and implying that the site is now ruined etc

Re: Official Party Regulars Thread
 

....i'm not claiming that, and not many people were.... we were just having a discusion about whether it was worth jumping through holes / making risks for rakeback money. It's a reasonable point for discusion.

Anyway, my argumant isn't really with you specifically, but whenever rakeback (or lack of rakeback) is discussed, someone allways pipes in with the old "you must suck". It's not helpful.

Re: Official Party Regulars Thread
 

I hate to beat this up guys,
but did EVERYONE lose there RB, or just those who recently aquired it? Or is it just certain affiliates?

Re: Official Party Regulars Thread
 

[ QUOTE ]
I hate to beat this up guys,
but did EVERYONE lose there RB, or just those who recently aquired it? Or is it just certain affiliates?

[/ QUOTE ]

I had my last account under my moms name who hasn't had an account before and I was still stripped of RB, so I'm assuming everybody got screwed.

Re: Official Party Regulars Thread
 

[ QUOTE ]
we are lucky to have access to the site still anyway, don't you guys read the msnl censored thread full of american players twice as good as us bragging about winrates half as big?

[/ QUOTE ]
For the past few days I've been playing on Full Tilt and honestly its not harder. Maybe a little but nothing significant.

Re: Official Party Regulars Thread
 

Was gonna say that, just about Stars. Really don't notice a big difference.

Post deleted by Mat Sklansky
 

Re: Official Party Regulars Thread
 

Anyone interested in buying my reads text file? Every single tag from 2-4 to 5-10 with complete detailed reads, based on my pokertracker research and in game knowledge. Start the bidding!

Re: Official Party Regulars Thread
 

$10

Re: Official Party Regulars Thread
 

i hope i win

Re: Official Party Regulars Thread
 

ill pay $1 for your reads on me =)

Post deleted by Mat Sklansky
 

Re: Official Party Regulars Thread
 

man i run bad and hate life tonite. 7200 hands today tho weeee

-Mike

Re: Official Party Regulars Thread
 

[ QUOTE ]
Anyone interested in buying my reads text file? Every single tag from 2-4 to 5-10 with complete detailed reads, based on my pokertracker research and in game knowledge. Start the bidding!

[/ QUOTE ]

$20

Re: Official Party Regulars Thread
 

[ QUOTE ]
[ QUOTE ]
I hate to beat this up guys,
but did EVERYONE lose there RB, or just those who recently aquired it? Or is it just certain affiliates?

[/ QUOTE ]

I had my last account under my moms name who hasn't had an account before and I was still stripped of RB, so I'm assuming everybody got screwed.

[/ QUOTE ]

This is just because your affiliate had a lot of "second accounters". It sucks that people with a legit first account got screwed out of RB, but the affilaites owe a huge amount and if they can't find out who the legit ones are and even if they could they'd be forever losing money.

Re: Official Party Regulars Thread
 

[ QUOTE ]
ill pay $1 for your reads on me =)

[/ QUOTE ]

'solid reg, wins monies'

ship tha dollar

Re: Official Party Regulars Thread
 

I'm getting kicked off Party all the time today ... am I the only one or ... ?

Re: Official Party Regulars Thread
 

Party Standard Points - how are they calclulated?

Is it a rolling 3-month total or do they revert back to zero after a set 3 month period?

Re: Official Party Regulars Thread
 

I have had some problems with Party today also...
But it is running with no problems at the moment

Re: Official Party Regulars Thread
 

SO what do you guys think of Snygaard111? It's me obv. I tilt a lot. I play NL 600 and NL 1000.

Re: Official Party Regulars Thread
 

Always thought you had a case of the "must win every pot" at 400NL. But since you are playing 600NL/1KNL now, it obviously worked out for you.

Re: Official Party Regulars Thread
 

Not sure where to ask this but I know there are a few Australian players here that win big amounts of money from poker.
You all just ignore taxes right?

Re: Official Party Regulars Thread
 

Your read is spot on Melchiades. But my game has improved dramatically. Im still playing tons of pots though. Which results in very high variance.
Other thoughts on my play?

Re: Official Party Regulars Thread
 

I.
Want.
Your.
Luckbox.

Re: Official Party Regulars Thread
 

fsista you maniac... Trying having an actual hand at showdown...

Re: Official Party Regulars Thread
 

[ QUOTE ]
Not sure where to ask this but I know there are a few Australian players here that win big amounts of money from poker.
You all just ignore taxes right?

[/ QUOTE ]

yeh no taxes

im pretty sure it's reallly difficult to pay them even if u wanted to

Re: Official Party Regulars Thread
 

[ QUOTE ]
[ QUOTE ]
Not sure where to ask this but I know there are a few Australian players here that win big amounts of money from poker.
You all just ignore taxes right?

[/ QUOTE ]

yeh no taxes

im pretty sure it's reallly difficult to pay them even if u wanted to

[/ QUOTE ]

rly, how so? does anyone know where we can find out info about this?

Re: Official Party Regulars Thread
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Not sure where to ask this but I know there are a few Australian players here that win big amounts of money from poker.
You all just ignore taxes right?

[/ QUOTE ]

yeh no taxes

im pretty sure it's reallly difficult to pay them even if u wanted to

[/ QUOTE ]

rly, how so? does anyone know where we can find out info about this?

[/ QUOTE ]

Talk to Jay he seemed to know alot about his when it came up once

Re: Official Party Regulars Thread
 

australian tax information: http://forumserver.twoplustwo.com/sh...;Main=10059146

Re: Official Party Regulars Thread
 

[ QUOTE ]
Not sure where to ask this but I know there are a few Australian players here that win big amounts of money from poker.
You all just ignore taxes right?

[/ QUOTE ]

there is a good amount of case law on the issue of gambling as a business, and as someone else said most of it revolves around the ATO trying to prove that someone is not subject to tax when in the business of gambling. there hasnt been any case law on poker being classed as an income as far as i know, most of the cases relate to people betting on horse racing.

so while there might not be any case law relating to poker players directly, its pretty clear that the case law that does exist supports the view that poker winnings are not subject to tax.

Re: Official Party Regulars Thread
 

[ QUOTE ]
[ QUOTE ]
Not sure where to ask this but I know there are a few Australian players here that win big amounts of money from poker.
You all just ignore taxes right?

[/ QUOTE ]

there is a good amount of case law on the issue of gambling as a business, and as someone else said most of it revolves around the ATO trying to prove that someone is not subject to tax when in the business of gambling. there hasnt been any case law on poker being classed as an income as far as i know, most of the cases relate to people betting on horse racing.

so while there might not be any case law relating to poker players directly, its pretty clear that the case law that does exist supports the view that poker winnings are not subject to tax.

[/ QUOTE ]

if i ever get arrested im going to say "my laywer told me i didnt have to pay!!!"


thxs

Re: Official Party Regulars Thread
 

So do I get deuces privileges once I earn 30k regular party points or do I have to wait until the quarter of the month is over?

Re: Official Party Regulars Thread
 

[ QUOTE ]
so while there might not be any case law relating to poker players directly, its pretty clear that the case law that does exist supports the view that poker winnings are not subject to tax.

[/ QUOTE ]

I don't think that this is accurate.

The case law that I've read revolves around situations where players were losing. In the post linked from my previous link, the judges established six tests for a gambling "business" to pass.

I suspect that most pro players would be considered businesses under those tests. Thus, they would be subject to tax.

Re: Official Party Regulars Thread
 

They'll never allow the ATO to tax poker players. The racing body is way to strong, if any professional punter ever gets dipped into by the aussie government, heads would roll.

Re: Official Party Regulars Thread
 

[ QUOTE ]
[ QUOTE ]
so while there might not be any case law relating to poker players directly, its pretty clear that the case law that does exist supports the view that poker winnings are not subject to tax.

[/ QUOTE ]

I don't think that this is accurate.

The case law that I've read revolves around situations where players were losing. In the post linked from my previous link, the judges established six tests for a gambling "business" to pass.

I suspect that most pro players would be considered businesses under those tests. Thus, they would be subject to tax.

[/ QUOTE ]

whilst i dont recall the 6 tests specifically, and im too lazy to go and relearn the case law (been there, done that)i do rememeber that there was only one case where someone was deemed liable to tax from his business of gambling (in that case, horse racing), however, in that case he had a very organised system, including an office, employees and other elements which led the court to conclude that this whole system constituted a business. there was also another case where someone used to spend a large amount of time studying the races and form guides, etc, and had an employee who would go and place bets for him, but this was held not to be sufficient to constitute a business for tax purposes.
given that, i fail to see how a poker player who merely goes online or to a casino and plays cards could be deemed subject to tax, at least in the context of being in the business of gambling.

of course i have to disclaim my post by saying that i studied income tax law over 3 years ago and i never properly looked into the application of the case law to poker players. also there my be new authority on the issue that im not aware of, but when i talked about this w a few of my workmates at the law firm i used to work at, the general consensus was that a poker player's winnings/earnings would not be subject to tax based on the case law stated above.

take this fwiw, im not making this post in the capacity of a lawyer, more as a mediocre ex-tax law student who has a mild interest in this issue. if i ever get confronted with the prospect of paying taxes on my earnings i will delve into it further, but for now im continuing on the assumption that the ATO cant lay a finger on my moniez [img]/images/graemlins/grin.gif[/img]