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By Jean Scott (Editor’s Note – Jean Scott is the author of several gambling books and also writes a gambling blog about Las Vegas. This story was originally written by her in 2002 and it chronicles the results of video poker play for her and her husband, Brad for one […]
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Pro poker players: Iowa troopers unlawfully seized cash
So, poker players can continue to claim gambling losses as an itemized deduction toward their gambling income. However, it is important to stay abreast of any changes to the tax code each year. Are there differences in sports betting, poker, and other gambling? To the IRS, there generally is no difference in various forms of gambling. NFL Players Lost Millions Failed Alabama Casino, Investors ...
Rake is the scaled commission fee taken by a cardroom operating a poker game. It is generally 2.5% to 10% of the pot in each poker hand, up to a predetermined maximum amount. There are also other non-percentage ways for a casino to take the rake. ... Poker is a player-versus-player game, and the house does not wager ...
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Antonio Esfandiari and Phil Laak, two of the most colorful poker pros out there, will be staring in a new TV show called Underground Poker. U.S. Real money online gambling