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#21
08-09-2007, 07:16 PM
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Re: Details for WSOP Circuit Event August 29, 2007 thru September 13,
[ QUOTE ]
No, The interpretation by MGM is that winnings are not taxed unless the player wins $5,000 over the initial buy-in. At that point, the 3% MS tax comes into effect. the 300-1 rule applies as well... [/ QUOTE ] Actually the 3% applies across the board to everything. I hit a $50,000 bad beat jackpot and got hit with the 3%. Not sure the 3% is dependant in any way to the size of a tourney buyin. You win money, you get taxed. My win was at the Grand 
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#22
08-10-2007, 01:54 AM
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Re: Details for WSOP Circuit Event August 29, 2007 thru September 13,
The 3% does not apply to poker prize pool monies, unless the net winnings are $5,000.
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#24
08-10-2007, 10:57 AM
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Re: Details for WSOP Circuit Event August 29, 2007 thru September 13,
[ QUOTE ]
[ QUOTE ] monies [/ QUOTE ] Does Johnny's use of this term amuse anyone else? [/ QUOTE ] Actually, I've been guilty of using that myself. Must be a generational thing. I wonder if Johnny is in his late 40's like I am?
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#25
08-12-2007, 07:51 PM
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Re: Details for WSOP Circuit Event August 29, 2007 thru September 13,
FYI, Link to the special rate in Tunica for the upcoming WSOP event there:
https://www.harrahs.com/MakeReservat...kageCode=WSOP7
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#26
08-13-2007, 05:05 AM
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Re: Details for WSOP Circuit Event August 29, 2007 thru September 13,
[ QUOTE ]
[ QUOTE ] [ QUOTE ] monies [/ QUOTE ] Does Johnny's use of this term amuse anyone else? [/ QUOTE ] Actually, I've been guilty of using that myself. Must be a generational thing. I wonder if Johnny is in his late 40's like I am? [/ QUOTE ] looks more like mid 30's to me
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#28
08-13-2007, 08:05 AM
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Re: Details for WSOP Circuit Event August 29, 2007 thru September 13,
[ QUOTE ]
[ QUOTE ] [ QUOTE ] monies [/ QUOTE ] Does Johnny's use of this term amuse anyone else? [/ QUOTE ] Actually, I've been guilty of using that myself. Must be a generational thing. I wonder if Johnny is in his late 40's like I am? [/ QUOTE ] Seems like you should know that he doesn't LOOK like he's in his late 40's, because here you said: [ QUOTE ] I still wonder if you are the real Johnny Grooms here, since your first post was a racial slur (and the Johnny I met and spoke with face to face a few times seemed to have way more class than that). [/ QUOTE ] gg
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#30
08-13-2007, 09:41 AM
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Re: Details for WSOP Circuit Event August 29, 2007 thru September 13,
[ QUOTE ]
Where are the tournament structures to this event? I see the schedule but no details? [/ QUOTE ] I would suspect it would be simular to last year's structure.
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