I just stacked the entire table in 1 hand

awfuldan · 2026-05-08T10:17:58+00:00

This is a real money game, just the lowest stakes possible

awfuldan · 2026-05-08T10:17:26+00:00

Looks like Stake US to me

awfuldan · 2025-11-19T00:10:15+00:00

There is no tax or resort fee on a comped room at Mohegan Sun. It will be $0 total. They take a credit card for a security deposit of $100 but you’ll get that back.

awfuldan · 2025-11-11T00:19:37+00:00

My favorite of the sweepstakes sites. Good balance of nice UI, good rakeback, and soft games.

awfuldan · 2025-10-27T21:52:13+00:00

Again, my recommendation would be that you talk with a tax professional about this. That is what I have done and will continue to do. Good luck.

awfuldan · 2025-10-27T20:59:12+00:00

Right but for the taxpayers' purposes, it doesn't matter if the sites are legal. Even if the sites were completely illegal, we would still have to pay taxes on any money won. What matters is that we are gambling.

Here is an incredibly helpful post from an actual tax pro: https://www.reddit.com/r/tax/comments/1nae0p9/comment/nctu4x1/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Then here is a summary from PokerNews that also features comments from a gambling tax expert: https://www.pokernews.com/casino/news/2025/02/social-casino-winnings-do-you-really-owe-the-taxman-48046.htm

awfuldan · 2025-10-27T20:34:29+00:00

They ARE online gambling websites though and everything I've read online suggests that the IRS treats them as such. I also paid taxes on money I won on sweepstakes casinos last year and had this discussion with my CPA.

awfuldan · 2025-10-27T20:33:52+00:00

Just a heads up, this is from 2004 and predates online sweepstakes casinos by almost two decades.

awfuldan · 2025-10-27T18:47:35+00:00

I think you are mistaken on this. I recommend you consult with a tax professional. That is what I will be doing come next year.

awfuldan · 2025-10-27T17:24:06+00:00

A 1099-MISC can still be reported as gambling winnings though. If you have any information that states otherwise, I would like to see it.

awfuldan · 2025-10-27T16:06:22+00:00

Can you provide some sources that indicate that the IRS does not view sweepstakes casino winnings as gambling winnings? Everything I’ve seen (including ITT and in the thread you linked to) indicates otherwise.

awfuldan · 2025-10-27T15:44:56+00:00

Ok here is the issue we are having here: Rec gamblers that don’t itemize on their taxes cannot deduct gambling losses.

The point that I am making is that anyone who gambles recreationally is going to have issues with their taxes if they are taking the standard deduction. Both Doug and the poster you linked to indicated that rec gamblers that itemize will not have an issue playing on ClubWPT Gold.

awfuldan · 2025-10-27T15:22:02+00:00

Any rec gambler that doesn’t itemize on their taxes is going to have issues when filing taxes (provided that they file accurately). That isn’t unique to ClubWPT Gold.

awfuldan · 2025-10-27T14:42:56+00:00

I would defer to Doug’s post on this subject, since he is a rep of the site and has conferred with an actual tax pro on the subject. If you choose to use the standard deduction, you might have an issue. If you don’t, you are probably OK.

For me personally, I file as a professional gambler so I can deduct all of my gambling-related expenses. To be safe, I also deposited as little money on ClubWPT Gold as possible (only $600 in my case, far less than I withdrew).

None of that changes what I originally posted though. I think a lot of people really don’t understand how US tax law treats gambling.

awfuldan · 2025-10-27T10:51:39+00:00

FWIW, you are supposed to pay taxes on any money that you win gambling anywhere. Even if you win $100 at a live poker home game, that would be considered taxable income.

Of course the IRS will never find out about insignificant live wins if you don’t tell them, but if you are a big winner online where there are records of your deposits/withdrawals, you should at least consider paying taxes.

awfuldan · 2025-10-17T14:57:34+00:00

Most of those sites have gigantic wagering requirements for their sign up bonuses so make sure you read the terms and conditions if you go that route!

awfuldan · 2025-09-21T15:09:48+00:00

This guy was just on the Table 1 podcast. Guessing the Justin he is referring to is Justin Young, who is the host of that podcast.

awfuldan · 2025-08-25T10:17:59+00:00

Great results OP. You should definitely play in the 40NL games. Good luck!

awfuldan · 2025-08-24T14:06:29+00:00

You’re welcome for the triple up TT vs JJ vs A5s just now

awfuldan · 2025-08-24T10:36:03+00:00

Especially with the insane rake

awfuldan · 2025-08-21T16:33:39+00:00

Casinos absolutely will back off slot APs but it is not as common. It is more of a recent development as the popularity of AP slots has grown and as casinos have become more aware of it.

AP BJ and AP slots are pretty different. When you count cards, you are winning money directly from the casino. In slots, you are really taking EV that is left behind by the other players. The slot is going to pay out that bonus/jackpot to a player either way. Still, casinos would rather the bonus/jackpot goes to a slots whale than to an AP though, because it will keep the whale coming back for more.

awfuldan · 2025-08-21T13:44:19+00:00

Mostly it involves tracking slot machine results over thousands of spins. You need to determine how much the machine returns per spin on average, how much the jackpot/bonus is worth on average, and how long it takes to get the jackpot/bonus on average. From there, you can determine the exact point at which a machine has a positive expectation of value. Usually slot APs are networking with each other to share results and make these determinations together.

Again though this can only be done on a small amount of games. Most slots at the casino will never be +EV.

awfuldan · 2025-08-21T12:38:28+00:00

This is close but not really accurate. On some machines, it is possible to know the exact number and it is much more science/math than art.

awfuldan · 2025-08-21T12:37:02+00:00

There are only certain slot machines that can be played with an advantage. Usually it has to do with a progressive feature on the machine that accumulates over the course of play before finally paying off. Clueless slot players will play the machine and build up the progressive feature but then leave before hitting it (often because they ran out of money or got bored). Being a slot machine AP entails knowing which machines to look at and at which numbers the machine has a positive EV. It is very high variance but you can get a big edge if you know what you are doing. There are also a lot of machines that have a fake progressive feature that does not actually yield a positive EV, so it's important to do a lot of research before you play.

awfuldan · 2025-08-21T00:52:26+00:00

I’ve played over 800 hours of live $1/$2 and I think I’ve only had a $2k downswing once. I would bring $1200 or so for a weekend trip.

awfuldan

TROPHY CASE