Membership fee sites?
 

Hey, does anyone have any first had experience with sites that charge a membership fee like www.clububt.com?

It charges twenty bucks a month, which gives you the privilege of playing sng's and tourneys, some of which have cash prizes.

My question is, do you have to be amazingly good/lucky to make any money from a site like this?

Re: Membership fee sites?
 

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7. Taxes

1. United States Federal Tax Regulations requires that you complete and return form W9 and that we issue you a form 1099 at the end of each calendar year if you have won prizes of $600.00 or more in the calendar year. . However, you remain solely responsible for paying all federal and other taxes in accordance with the laws that apply in your state, province, and/or country of residence.

2. As with our cash prize tournaments, users are responsible for applicable income taxes for merchandise prizes. Either the Manufacturer’s Suggested Retail Price, or Site acquisition price, at our discretion, will be used as the cash value of the merchandise prize.


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Not that that's bad or anything, but worth knowing in advance.

Onaflag........