Caesars Spotsbook Bar

[MadJack]

Anybody know the pay lines on the VP here?

I'll be checking it out Saturday.

<iframe width="560" height="315" src="//www.youtube.com/embed/7tjbRF_ZTsw" frameborder="0" allowfullscreen></iframe>

 

[kickserv]

Looks nice:SIB


And no worries Jack, you'll win as you always do. I am sure you'll be posting 100's of pictures of you hitting straight flushes and quads.

kickserv = jealous

 

[kickserv]

Speaking of "pay lines".........when do you have to pay tax on winnings on Video Poker? Since you are an expert I'd figure you'd know. I know if you put in 50 bucks and win 800 bucks you don't pay tax, but there has to be a number when it won't let you cash out and you have to pay tax right?


So wouldn't it make sense to play below the level where you have to pay tax?

 

[MadJack]

Speaking of "pay lines".........when do you have to pay tax on winnings on Video Poker? Since you are an expert I'd figure you'd know. I know if you put in 50 bucks and win 800 bucks you don't pay tax, but there has to be a number when it won't let you cash out and you have to pay tax right?


So wouldn't it make sense to play below the level where you have to pay tax?

I don't know that answer.

I hit one Saturday where they did the paperwork for taxes and I asked them what the rule is because I hit a 160/1 shot earlier for $5 play ($800) and didn't have to pay the taxes and now I hit the same payout on a $10 play ($1600) and they are filling out the paperwork. WTF? She didn't know the answer either.

In Vegas they don't take the taxes upfront but in Cincinnati they take state taxes upfront, not optional.

 

[kickserv]

I don't know that answer.

I hit one Saturday where they did the paperwork for taxes and I asked them what the rule is because I hit a 160/1 shot earlier for $5 play ($800) and didn't have to pay the taxes and now I hit the same payout on a $10 play ($1600) and they are filling out the paperwork. WTF? She didn't know the answer either.

Wow, I thought you'd know the answer, if you don't know I doubt anybody knows.

I find it amusing that even the lady didn't know the answer. WTF:facepalm:

I seem to recall in Nevada the number for Video Poker is $1199.99 and lower and you are fine. I may be wrong on that number, but that number rings a bell in my head for some reason.

I know this is wrong thread and a little off topic but I'll say it anyway, in Canada no tax on gambling winnings, so whatever you win, you win. You could hit 99 Royal Flushes in a row and you would never pay tax. Makes things so much easier that you don't have to deal with any of that tax shit.

Then again if you hit 99 Royal Flushes in a row they might arrest you for cheating:lol:

 

[MadJack]

Wow, I thought you'd know the answer, if you don't know I doubt anybody knows.

I find it amusing that even the lady didn't know the answer. WTF:facepalm:

I seem to recall in Nevada the number for Video Poker is $1199.99 and lower and you are fine. I may be wrong on that number, but that number rings a bell in my head for some reason.

I know this is wrong thread and a little off topic but I'll say it anyway, in Canada no tax on gambling winnings, so whatever you win, you win. You could hit 99 Royal Flushes in a row and you would never pay tax. Makes things so much easier that you don't have to deal with any of that tax shit.

Then again if you hit 99 Royal Flushes in a row they might arrest you for cheating:lol:

Smurphy and Yyz are much more of experts than I am, maybe they know.

 

[MadJack]

One time I won $16,000 when I won a poker tournament at Bellagio and no tax papers, and another time I won 2nd place in a poker tournament at Horseshoe Indiana for a $3500 win and had to pay taxes. Makes no sense to me.

 

[Old School]

 

[MadJack]

I deleted a post that was the beginning of my TR but I'll start one later in General.

I'll have a shit ton of pics again.

:0008

 

[smurphy]

Any single jackpot win of $1200 or more gets reported and taxed. ...Or at least that was the law a few years ago when I could hit jackpots. But you can easily claim gambling losses up to the amount of your winnings and it ends up being a wash.

If you work your credits up on a machine above that $1200 without hitting a "jackpot" then the tax never comes into play.

 

[MadJack]

Wow, I thought you'd know the answer, if you don't know I doubt anybody knows.

I find it amusing that even the lady didn't know the answer. WTF:facepalm:

I seem to recall in Nevada the number for Video Poker is $1199.99 and lower and you are fine. I may be wrong on that number, but that number rings a bell in my head for some reason.

I know this is wrong thread and a little off topic but I'll say it anyway, in Canada no tax on gambling winnings, so whatever you win, you win. You could hit 99 Royal Flushes in a row and you would never pay tax. Makes things so much easier that you don't have to deal with any of that tax shit.

Then again if you hit 99 Royal Flushes in a row they might arrest you for cheating:lol:

Smurphy and Yyz are much more of experts than I am, maybe they know.

:00x33


​

Any single jackpot win of $1200 or more gets reported and taxed. ...Or at least that was the law a few years ago when I could hit jackpots. But you can easily claim gambling losses up to the amount of your winnings and it ends up being a wash.

If you work your credits up on a machine above that $1200 without hitting a "jackpot" then the tax never comes into play.

 

[Dead Money]

adding insult to injury

adding insult to injury

mentioned this a couple years back, it has been $1200 almost forever, at least in the early 1970's. Adjusting for inflation and lost buying power; since the 1970's, the $1200 threshhold should be $7204.86

http://www.buyupside.com/calculators/purchasepowerjan08.htm

 

[Dr Feelgood]

I wouldn't freaking know as I haven't hit crap in 3 years...fucking casinos...hopefully I can get Jack drunk on 190s and push him off his winning machines!!

 

[yyz]

Anybody know the pay lines on the VP here?

I'll be checking it out Saturday.

<iframe width="560" height="315" src="//www.youtube.com/embed/7tjbRF_ZTsw" frameborder="0" allowfullscreen></iframe>

I asked around, and someone thought the Jacks or Better versions paid 9/6.


:0008

 

[MadJack]

I asked around, and someone thought the Jacks or Better versions paid 9/6.


:0008

Yeah, I read that at VMB but don't believe everything they say over there. They said that shit about the G and the Plaza and it was total bullshit. Even the host at The Plaza was on there bragging about all the full pay machines and we didn't find one.

You reading some of the current TR's? :scared I'm gonna have to make friends over there. Maybe I'll catch up with BJ and crew this weekend just for the hell of it.

 

[PocketAces]

Yeah, I read that at VMB but don't believe everything they say over there. They said that shit about the G and the Plaza and it was total bullshit. Even the host at The Plaza was on there bragging about all the full pay machines and we didn't find one.

You reading some of the current TR's? :scared I'm gonna have to make friends over there. Maybe I'll catch up with BJ and crew this weekend just for the hell of it.

Those trip reports are crazy! That sushi platter stuff sort of freaked me out a bit.

I was ticked when they ripped out that other bar near the book outside of Mesa Grill. I used to love sitting there while the wife shops or is at Qua. The new bar looks so much better. I can't wait to check it out as well as their new poker room.

You need to meet up with BJ and teach those guys how to drink.

Good luck this weekend.

 

[MadJack]

Those trip reports are crazy! That sushi platter stuff sort of freaked me out a bit.

I was ticked when they ripped out that other bar near the book outside of Mesa Grill. I used to love sitting there while the wife shops or is at Qua. The new bar looks so much better. I can't wait to check it out as well as their new poker room.

You need to meet up with BJ and teach those guys how to drink.

Good luck this weekend.

They need to be introduced to 190's.

:0008

 

[BBMF]

HEY What's a 190???:shrug:

 

[Old School]

HEY What's a 190???:shrug:

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

 

[BBMF]

Oooh

Thanks Old School! Unfortunately, I have had my run ins with 190. Fortunately, I am still here to tell the tale.:0038