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  #61  
Old 05-04-2007, 09:17 AM
mic_check12 mic_check12 is offline
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Join Date: Jun 2005
Posts: 412
Default Re: Awful WSOP news from PokerStars

[ QUOTE ]
Wait a second.Is this Stars rule valid only for USA players or for everyone?

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Everyone I assume seeing as I'm in the UK and I got it as well. I def won't be playing now. Already booked flights that I can't cancel so cash games it is [img]/images/graemlins/mad.gif[/img] (I'm a cash fish)
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  #62  
Old 05-04-2007, 09:45 AM
1p0kerboy 1p0kerboy is offline
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Join Date: Nov 2003
Location: 492k
Posts: 6,026
Default Re: Awful WSOP news from PokerStars

LOL @ OP upset because he can't cheat on his taxes now.

FTW your entry is deductable as a gamling loss anyways.
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  #63  
Old 05-04-2007, 10:20 AM
augie_ augie_ is offline
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Join Date: Dec 2003
Location: Peoria, IL
Posts: 5,720
Default Re: Awful WSOP news from PokerStars

if this has already been covered, i am very sorry, but why exactly is harrah's not accepting 3rd party entries?
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  #64  
Old 05-04-2007, 10:36 AM
jbsc7769 jbsc7769 is offline
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Join Date: Feb 2006
Posts: 19
Default Re: Awful WSOP news from PokerStars

[ QUOTE ]
[ QUOTE ]
and they have a TI-to-Mirage shuttle as well...although this might be out-of-order

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I have never seen it operational.

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Has anyone ever actually ridden this?

It was also working for the durations of last years WSOP. I stayed at TI and frequently made the journey.

In response to the other query, TI is fine. It is not the Bellagio or Wynns etc but it is certainly better than places like NY,NY, Paris, Bally, Monte Carlo and Aladdin (or whatever it is called now). The rooms are larger than quite a few others on the strip as well.
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  #65  
Old 05-04-2007, 10:46 AM
Dignam Dignam is offline
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Join Date: Apr 2007
Posts: 191
Default Re: Awful WSOP news from PokerStars

Am I missing something?

So Stars runs 12K packages where they will now make $1,000 for those that don't fly out there to get the hotel money when they register for the WSOP?
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  #66  
Old 05-04-2007, 11:41 AM
Black winter day Black winter day is offline
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Join Date: Jun 2005
Location: Don\'t you dare to call!
Posts: 4,420
Default Re: Awful WSOP news from PokerStars

They don't make anything, because that 1000$ was their free comp.
Anyway, this is dissapointing, cause now i have no incentive of playing the sats, since i know i won't play the WSOP and this is basically like playing any other donkament, which i hate.
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  #67  
Old 05-04-2007, 11:42 AM
twobitplayer twobitplayer is offline
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Join Date: Feb 2007
Posts: 58
Default Re: Awful WSOP news from PokerStars

[ QUOTE ]

Think of it this way... would you be not required to pay any taxes on poker winnings if all pots were raked 100% and then later the sites 'refunded' you 95% of the rake?

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If all pots got raked 100% and then the the rake refunded, the refund would go to the contributors to the pot, so wining would be meaningless anyway.
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  #68  
Old 05-04-2007, 11:51 AM
davebreal davebreal is offline
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Join Date: Aug 2005
Location: betting scare cards
Posts: 1,683
Default Re: Awful WSOP news from PokerStars

[ QUOTE ]
LOL @ OP upset because he can't cheat on his taxes now.

FTW your entry is deductable as a gamling loss anyways.

[/ QUOTE ]


So you are definitely itemizing your concierge purchases on your '07 return, correct?
link

What about any t-shirts or books you've earned through various poker sites?


If I were to estimate the % of players who used the concierge service but didn't report, i'd probably go with 95%.
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  #69  
Old 05-04-2007, 11:55 AM
ematz ematz is offline
Senior Member
 
Join Date: Sep 2006
Posts: 305
Default Re: Awful WSOP news from PokerStars

[ QUOTE ]
[ QUOTE ]
LOL @ OP upset because he can't cheat on his taxes now.

FTW your entry is deductable as a gamling loss anyways.

[/ QUOTE ]


So you are definitely itemizing your concierge purchases on your '07 return, correct?
link

What about any t-shirts or books you've earned through various poker sites?


If I were to estimate the % of players who used the concierge service but didn't report, i'd probably go with 95%.

[/ QUOTE ]

You're probably right but they are still cheating on their taxes. The tax system isn't fair but it's still the law.
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  #70  
Old 05-04-2007, 11:58 AM
ematz ematz is offline
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Join Date: Sep 2006
Posts: 305
Default Re: Awful WSOP news from PokerStars

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]


Do you pay taxes on your online poker store purchases???


[/ QUOTE ]

You are supposed to, yes.


[/ QUOTE ]

Why refunds and rebates are not taxable. The points and store purchases are a basically a rebate of the rake, and seem like the should be tax free just like my cash back on my credit card which I can also redeem in a 'store' they offer.

[/ QUOTE ]

Cash back on your credit card is considered income and should be included on your taxes.
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