Joined: Mar '11
Location: United States
Age: 43 (M)
Posts: 20
did the other sites that are excepting u.s players do somthing different than ft,ps or are they next ? should i take my money and run or leave it on there? i would like to add i did not make a deposit all $$$ won from bonus
Joined: Feb '11
Location: Canada
Age: 57 (M)
Posts: 753
If I was you, I'd get my money out now. Just a matter of time before the US goes after the rest. Your gov needs money fast, online poker is the fastest way they can get it..
Joined: Jan '11
Location: United States
Age: 60 (M)
Posts: 3361
Been doing a little research and this is going to blow over as if nothing occurred. Matter of fact I'm playing in all the freerolls even through BRM. This is going to affect individuals who have been making a living off playing on line poker. People who don't pay their taxes on large winnings. What I really expect will happen within the next 6 months U.S. will have a new site that when large winnings are withdrawn a tax number will be associated with it for tracking. This is just like when Vegas implemented the tax on winnings from casinos. Got to admit I was a little shaken at first, but it will be resolved and we'll all continue to play poker except Americans with big winnings will pay taxes on their winnings!
Joined: Jan '11
Location: United States
Age: 60 (M)
Posts: 3361
You know they're only worried about the people who are making the big $$ and I transferred $2 to another account less then 20 minutes ago with no issues. There not going to let someone with a large BR withdraw and close out with all this going on. I'm done sweating it. I'll be playing just like I have been other then the SnG's for probably a week or two if that! Most all the freerolls are fine and I'm playing the BRM $100 FR now plus 2 $150 FR on FT. So don't stress, I did enough of that for all this am. Good Luck to All!
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
OK there are a few of you US guyes in here, do none of you know what is going on? I will break it down to basics. 1. You can play poker. 2. Your banks are not allwed to let you deposit under UIEGA. 3. You need to be using a none-us banking method to deposit/withdraw. 4. You should be paying taxes.
PS and FT are getting a slap for telling porkies to banks so that you could continue to use them, that is fraud. Actuall charges. 1 - Conspiracy to Violate Unlawful Internet Gambling Enforcement Act (UIGIEA) 2 - Violation of Unlawful Internet Gambling Enforcement Act (UIGIEA) 3 - Operation of Illegal Gambling Business 4 - Conspiracy to Commit Wire Fraud and Bank Fraud 5 - Money Laundering Conspiracy
just cliffs so you get a slight understanding of what is going on. Providing outher sites are/were not doing the same as FT and PS who thought they can do what they like and blaintently said so then them outher sites will be fine to play on.
Edit: I belive the tax line is 30% on any winnings.
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
@Arithmajik a porkie - a lie (porkie pie) , allegedly they were telling the banks that the transactions were for merchandise such as golf balls and jewelry etc. BTW iv been told the tax is 25%, and get a feeling that now they have the DB from FT and PS then they will be able to contack all those who have not been paying..and I think that goes bavk to 06, could be some heafty tax bill floating about this or next tax year.
Joined: Oct '08
Location: Germany
Age: 49 (M)
Posts: 2025
not that it concerns me but out of curiousity.. lets say you deposit $1000, you lose alot and your down to $200 then you start winning and your up at $1K again. do you have to pay tax lol ? i mean does it count as "winnings" probably stupid question but they try to rip you off wherever they can
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
i think if US players have funds on other sites not yet banned they should withdraw it quick cos u never know what will happen paying tax on winnings if u are a micro player is a joke, its hard already making a profit and that too will have to be paid to government
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
Posted by T3ddyKGB: not that it concerns me but out of curiousity.. lets say you deposit $1000, you lose alot and your down to $200 then you start winning and your up at $1K again. do you have to pay tax lol ? i mean does it count as "winnings" probably stupid question but they try to rip you off wherever they can
then you are at break even and I dont think you have to pay tax, but you would have to file a report showing session losses and anouther on session winnings. Winnings is any amount you won during a session reguardless of losses, they get filed seperatly. But there is a bit of a loop hole, as poker is gambling, then any winnings they do have can be offset against any gambling losses, such as buying lotto tickets. Even if a US player is a losing player he would still have to file a report on winnings and loses. Yes the US is stupid.
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
Posted by T3ddyKGB: not that it concerns me but out of curiousity.. lets say you deposit $1000, you lose alot and your down to $200 then you start winning and your up at $1K again. do you have to pay tax lol ? i mean does it count as "winnings" probably stupid question but they try to rip you off wherever they can
This has always been why its so hard to tax gambling "winnings". Because traditionally when you tax a business, if it runs at a loss, then its a tax write-off. Meaning you can actually run a business at a loss and the tax breaks can actually allow you to break even on it.
If you start taxing peoples gambling winnings, then in contrast - gambling losses SHOULD be tax deductible and since across the general population people as a whole LOSE a lot more than they WIN gambling it doesnt make any sense to tax people on this since there will be far more deductions from all the losers than there would be taxable income from winners.
Poker on the other hand is interesting, since there is a skill element some people can consistently draw a profit from the game, meaning governments could in theory tax this as an income, but in order to not allow all the poker losers to be able to declare "poker losses" as business tax deductions - they would have to create a model that draws a line as to WHICH players specifically get taxed - that is to say, tax the professionals as they are likely to always be in profit and hence not many tax deductions from losses and then leave the rest alone (all the amateurs + losers).
Thats a very simplified version of the tax issues surrounding poker & gambling in general.
Joined: Oct '09
Location: Lithuania
Age: 33 (F)
Posts: 1180
I do not think that Poker rooms can ignore cashout from US.. And you do not need to do it as fast as u can.. Sure if u have more then 2k $ then it is a problem ....but I do not think that someone going to steal it .. ;]
Joined: Mar '11
Location: Finland
Age: 32 (M)
Posts: 21
I guess that U.S players are not allowed to play anywhere at online poker after this, It's just from --- idon't know why it is so hard to make gambling legal there. The justice fees are so huge that i don't know if any other online pokerroom wanna pay those so i thing they gonna make rooms only for non U.S (This is not guaranteed)
Joined: Dec '10
Location: Croatia
Age: 34 (M)
Posts: 31
IF ANY AMERICAN WANT'S TO RENT ACCOUNT; IM 100% safe! only 500$/mon!!! HELLO EVERYONE BILLY MAYSE WITH YOU AND I HAVE FANTASTIC PRODUCT!!! POKER ACCOUNT!
Joined: Mar '11
Location: Croatia
Age: 43 (M)
Posts: 1738
Posted by DankoMajstor: IF ANY AMERICAN WANT'S TO RENT ACCOUNT; IM 100% safe! only 500$/mon!!! HELLO EVERYONE BILLY MAYSE WITH YOU AND I HAVE FANTASTIC PRODUCT!!! POKER ACCOUNT!
You're making us look bad Danko... 500$/month for an account?!? what a rip-off!!! MINE IS ONLY 499$
only 500$/mon!!! HELLO EVERYONE BILLY MAYSE WITH YOU AND I HAVE FANTASTIC PRODUCT!!! 
