Joined: Mar '08
Location: Lithuania
Age: 34 (M)
Posts: 14
hi all i get too 10$ free fisrt two days wasnt so good i droped too 4$ and today i played some sit and goes builed up to 9.60$ and goed to one tourney 5000GP SPEED R/A first hand kk i lsot rebuy another hand won 3k then break i adon alsmot all cash gone then i played played i made final table with 2second in cheaps. so i happy min is 57$ i with 1010 psuehd 3calles with 68 8q i holded when we left 5 one johny alosmt killed everyone then we left two i had only 400k chisp he had 2.4M chips i was happy to go far to get 700$ but i wasnt go out without fight so 25k/50k si blinds so why not out play him we played almost 1hour and i defeated him i had once 2.2M but with ak i lsot versus 64 he hit turn and river 44 but after all i had pair and he didnt ace or jack and iu have done it and take 1253$ so what a huge succes in my first time tournament on vulcan poker
Joined: Dec '07
Location: Denmark
Age: 40 (M)
Posts: 2644
Biiiig congrats gaidys that's a very nice victory and a very nice way to start a bankroll. Hope you continue this way and will own all tourneys please stay away from the rings (joking)
Joined: Jan '08
Location: Canada
Age: 36 (M)
Posts: 2698
M3turbo, you have to pay taxes on your winners at Vulcan Poker?
I see the Vulcan deal like this. Pay $300 rake to get $110 rakeback and they pay you $10 upfront. So 36.7% rakeback. But if you do deposit Bonus plus gift than you most certainly will get better rakeback deal...Can you get deposit bonus before you reach 6000 points? Than $160 back from $300 = 53% rake back, not bad.
gaidys, what was the buy in? Congratulations A friend invited to a 30 man $20 rebuy tournament. Winner usually takes $1000 but $20 rebuy is crazy I think since I'll probably pay over $100 just for one tournament.
Joined: Dec '07
Location: Denmark
Age: 40 (M)
Posts: 2644
Yes it's pretty lame that I have to pay tax of the winnings when it's the same players I win the money from as when I play from Betfred/VC/Mansion/Bet365 which are the 4 Ipoker clients with EU license.
I think the additional 50+50$ bonus on Vulcan is from BRM so I don't think it's a prob. getting deposit bonus from Vulcan at the same time.(alot of "I think" )
The VP account had a serie of bad runs last night im just doing 40$ coinflips and resteals at NL200 it was up to 403$ then down to 90$ and now at 222,3$(push/fold poker has it's own kind of variance lol) but allmost 3000 VP-point(2700'ish) so maybe I'll deposit 50$ that can be released(half of it) while I play the next additional 50$ bonus free. 600 VP-point=5$ released so if you do it from start you can add 50$ to the additional 50+50$ if it's allowed that is
Joined: Jan '08
Location: Canada
Age: 36 (M)
Posts: 2698
M3turbo, are you going to try to avoid paying tax at Vulcan? If you use an ewallet than you might get away with it? How much is the tax?
Why don't you stick to one pokerroom with 30% rakeback and grind it out everyday? If I was a cash game player and playing poker professionally than that's what I'd probably do.
Joined: Dec '07
Location: Denmark
Age: 40 (M)
Posts: 2644
Posted by GeneYuss: M3turbo, are you going to try to avoid paying tax at Vulcan? If you use an ewallet than you might get away with it? How much is the tax?
Why don't you stick to one pokerroom with 30% rakeback and grind it out everyday? If I was a cash game player and playing poker professionally than that's what I'd probably do.
Im not planning on stating on the papers that I won fx 200$ on a tax related site but the rules says so. If the tax office find my income suspicious they will ask me to document it which only can be done with a report from my pokeraccounts and when they see I fund my pokeraccounts with a ewallet they will ask for a report from that and then BUSTED.
That's also what im doing but im allways up for a challenge on the side(make 6000 point with 10$) and it doesn't take much effort to fold or push but im getting pretty tired of it especially since the variance+bad play has hit me. So maybe I'll just do the first additional 50$ bonus and stop wasting my time or just go back to old plan and gamble all at once
Joined: Jul '08
Location: Argentina
Age: 45 (M)
Posts: 3
win the tournament: $ 500 secured Rebuy 2008-10-08 = $ 264 $ 3 NLH Rebuy 2008-10-17 = $ 100 I went WINNING THE REST IN THE TABLES $ 0.50 to $ 1 Where to find players of all kinds. My strategy was invest in small tournaments tickets and luckily I was fine.
Joined: Dec '07
Location: Denmark
Age: 40 (M)
Posts: 2644
Posted by GeneYuss: M3turbo, I don't think the tax company would audit you over a couple hundred? But I don't know.
If BRM was still offering $10 at Vulcan than I'd take the challenge too. I like playing on the ipoker network because the double up sit and gos
No not over a couple of hundred but my primary income is from poker so alot of suspicious amounts being transferred from foreign accounts to mine, which mostly lead to an investigation. But it's no big deal even if I got busted since all winnings are from EU sites except vulcan which was just for fun and not for $. My point was just that it is tax related for me which is lame since the money come from the same countries. The tax office argument is that the rake I pay to the non EU casino does not contribute to the EU society in any way when it's not being payed tax of in EU and because of that I have to pay tax of it. So normally I pay my tax by rake alot and then the casino pay tax of their profit in EU and there by I contribute to the EU society Guess the law is fair enough though still annoying
The Vulcan offer is still on the list but maybe not active?
I've been playing some 6 handed 5$ S&G's on Vulcan with great succes and great fun, never tried the double up do you pay the same in rake in them?
I just redlined in a small S&G when we were 2 left I had 3K he had 6K but total donk I grinded him down so the stacks switched so I had 6K and he had 3K then got KK raised him 2,5BB he called 64o OOP flopped a mid pair and went AI I called and he hit 2 pair on river. So he's back in the game but still terrible limp fold type of guy so I grind him down again to 4K he limps again I check 78o flop 6QAr check/check turn 6QA9 he min bets I call with implied odds in my mind and I hit nut nut with the 5 on river lead out 2/3 pot he shoves and I lose connnection when I came back I had 1BB But all in all great fun to play S&G's haven't done it for a long time
that's a very nice victory and a very nice way to start a bankroll. Hope you continue this way and will own all tourneys please stay away from the rings 
(joking)
when I came back I had 1BB 
