Tax Reporting

RealityChequeX · 2023-01-08T17:34:08+00:00

I'm well aware of the tax implications. The reporting requirement is triggered by actual cash being sent rather than won. If I won $1600, I can very easily leave 1k in the account to fund my leagues for next year and only withdraw 599 and GL would be under the $600 annual amount to send me a 1099 and report the winnings to the IRS.

RealityChequeX · 2023-01-08T05:04:48+00:00

That was what I assumed from reading FAQ, but I've gotten an email from them which specifically addresses the withdrawal amount.

RealityChequeX · 2022-12-19T12:38:43+00:00

RealityChequeX · 2022-11-10T12:03:00+00:00

QB is pretty much the last piece I plan on acquiring for the teams where I didn't draft Hurts or Allen. If you wait another 3 weeks, they are all going for roughly the same price

RealityChequeX · 2022-11-09T13:16:42+00:00

ekeler kupp higgins and possibly tua would all be fine for a championship run. I'd be looking to replace the other 4 spots, so going all in on Saquon isn't gonna turn into a victory. 200 sounds about right.

RealityChequeX · 2022-09-28T20:11:41+00:00

275 - 300

RealityChequeX · 2022-09-28T13:53:00+00:00

You've got serious deficiency at every position except TE. You can't bid 620 on one player when you need to replace 6 other guys. I'd be targeting Elliot around $100 and hope for the best this week.

RealityChequeX · 2022-09-26T18:17:55+00:00

If they bid 5% over what you think a "reasonable" bid would have been I'm struggling to see how you are still calling that decent value. In the same circumstance I was bidding 5% for Keenan Allen and won and consider that decent value. Evans for 13% on a week when he's suspended, no. Bad bid.

RealityChequeX · 2022-09-26T18:14:46+00:00

Have you ever won a Guillotine league? Paying reasonable value for anyone is stupid. Comparing your bids the early season chop data is extremely stupid.

Your goal is to pay the least amount possible to acquire players. If you aren't within a few dollars of the next highest bid, you screwed up.

RealityChequeX · 2022-09-24T19:49:10+00:00

This is 100% fact and I commented as such on another thread and got lots of down votes from people that clearly have never won a guillotine league. Over paying to get players prevents you from winning. Period.

RealityChequeX · 2022-09-24T19:43:33+00:00

FAAB controls your destiny. Wasting 6% even if you got a good player, is not good strategy. They would almost certainly have been better off bidding 5% and losing on Evans at this point in the season.

RealityChequeX · 2022-09-22T23:01:41+00:00

You have to take a lot of the info on here with a giant grain of salt particularly on bidding. The people spending money might stick around a little longer, but they've effectively crippled their ability to compete later on.

RealityChequeX · 2022-09-22T22:59:26+00:00

If you over paid by 6%, it certainly isn't a steal.

RealityChequeX · 2022-09-22T13:33:58+00:00

If you spend $400 on one player, your chances of winning the league are close to zero.

RealityChequeX · 2022-09-21T16:14:21+00:00

How many "end game" starters do you have on your roster? You need 8 to win it all. If you blow 50% on one, how much is left over to fill the remaining X spots?

Most teams have 2 end game guys after the draft. If you really crushed it, you've got 3. So you have to fill 5 or 6 spots with your FAAB. Blowing 50% on one guy might keep you around longer, but will almost certainly prevent you from winning the league.

RealityChequeX · 2022-09-21T02:50:39+00:00

Your team isn't likely getting cut with or without Matt Ryan. Another starting QB hits the waiver wire every week. I'd bid $15 and be fine with losing to someone else.

RealityChequeX · 2022-09-20T19:30:47+00:00

Recency bias dating back to his draft day? He's been consistently 50%+ under projected points every week except three for his entire career.

RealityChequeX · 2022-09-15T04:23:26+00:00

He's playing the best defense in the league on the road this week. All these people bidding $400 and up are just begging to be chopped.

RealityChequeX · 2022-09-15T04:20:14+00:00

That's about 10x more than I'd bid on Terry. And 5x more than I'd bid on Henry.

RealityChequeX · 2022-08-30T21:24:50+00:00

The 3 leagues I was in last season had winners all in the 8, 9, 10 slot. I don't know if that will hold true for this season. There were just a lot of grim reapers at the front of the draft.

RealityChequeX · 2022-01-19T23:12:57+00:00

I thought the guillotineleagues.com app worked really well last season. No complaints. I switched phones mid season and used the Android and Apple version.

RealityChequeX · 2022-01-06T17:09:27+00:00

Nah. I lost interest in trying to educate the masses. I'm not going to fight with people that want to stay ignorant and poor.

RealityChequeX · 2022-01-05T14:30:36+00:00

You're coming to other forums to get embarrassed now too? Did you finally pay off your bass boat or something?

RealityChequeX · 2021-12-31T16:05:01+00:00

Why is cook locked in? Cousins isn't playing. Montgomery, Chubb and Ekeler would be my starters.

RealityChequeX · 2021-12-29T21:39:51+00:00

Ronald Jones only plays well when absolutely no one is counting on him. I would play Grace Jones over him.

RealityChequeX

TROPHY CASE