Tax Question: Incorporate?

[Life]

I remember seeing a thread about this same topic a wayyy long time ago, but couldn't find it.

After meeting with a CPA to discuss my tax situation, he recommended that I make a corporation to play poker with. The advantages are that some expenses are deductible and that it will help me avoid the Self Employment Contributions Act tax, which as I understand applies to anyone who is self employed. He suggested that I pay myself a salary out of the corporation's profits.

Basically, has anyone heard of something similar? What are people's general thoughts on doing this? Thanks