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Author: [Las Vegas] Topic: Minimum needed to live the dream
ShadowWarrior
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#101
Posted: 8/22/2012 12:22:22 PM
Do you get to deduct your losses?
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#102
Posted: 8/22/2012 10:11:47 PM
QUOTE Originally Posted by ShadowWarrior:

Do you get to deduct your losses?

This is Covers.  No one ever loses here.
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#103
Posted: 8/23/2012 11:14:14 AM
Get a time share.
Posted using a mobile device.
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666LES send a private message View Space | Friends | Playbook | My Sportsbook: BetDSI |
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#104
Posted: 8/23/2012 2:42:14 PM
you don't deduct garbage because IRS doesn't know garbage,if you bet 10k you fill out a banking act statement that only states that somebody passed 10k and they don't state wiether you won or lost. These get put in a drawer until the book has a shitload and they box'm and mail'm.
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#105
Posted: 8/27/2012 7:20:34 AM
link to LVjunkie thread?
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ShadowWarrior
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#106
Posted: 8/27/2012 11:52:08 AM
This minimum grows larger day by day as food prices, gas prices, medical costs, housing, utilities, etc. rise and rise.
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fishsticks
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#107
Posted: 8/27/2012 1:05:56 PM
QUOTE Originally Posted by newyorkslim:

This dream is my reality. I am leaving on the 11th. I bought a condo for cash in Summerlin and a 4k car. Left my GF of 5 years as she thought the idea was crazy. Buffalo will always be here if I go bust. 

Monthly nut appears to be about 1k. My plan is to stay away from the tables and just bet sports. 

I am not wondering if I will do well. I know I will. 

  Bro, are you renting any rooms?
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#108
Posted: 9/4/2012 5:06:22 AM
QUOTE Originally Posted by ShadowWarrior:

Do you get to deduct your losses?


Yes u do.........i hit for $41,000 at bingo a few years ago, and i was worried about the IRS auditing me and saying I owe them for my winnings(i took the 41,000 as a direct deposit with no taxes withdrawn), so I asked the casino for a printout of all the money I spent at the casino for the year (plus i save all the losing sports and race book losing tickets i had) and when i filed my taxes i actually broke even(not counting my yearly income)
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ShadowWarrior
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#109
Posted: 9/4/2012 11:47:53 AM
That is nice!  Finally a break from big brother.  I got a 35% tax credit for solar installation this year, this helps on my estimated taxes as usually I pay 750 a qtr., my accountant said I won't need to this year.
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#110
Posted: 9/9/2012 6:44:32 PM
I see a few tidbits of bad information on this thread. Please check out this article and this site.

GamblingandtheLaw.com
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#111
Posted: 9/10/2012 9:24:31 PM
good read if nothing else but we all know how this story ends

no posts from NYslim in a couple of weeks, still living the dream?
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#112
Posted: 9/11/2012 6:52:23 AM
Living the dream is a nightmare for most bettors, proceed with great caution
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#113
Posted: 9/11/2012 11:49:34 AM

one thing you must have is an online account(matchbook,pinnacle,5dimes) with reduced lines if you are going to do this on a daily basis.

 

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#114
Posted: 9/11/2012 8:41:19 PM
QUOTE Originally Posted by Qncyk1:

one thing you must have is an online account(matchbook,pinnacle,5dimes) with reduced lines if you are going to do this on a daily basis.

 

I am in the state of Nevada, but also have online accounts.

Good to be here in person though, as you have to have your ear to the ground if you know what I mean

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#115
Posted: 9/12/2012 10:57:38 AM

i am in mexico where gambling is legal but the lines, like vegas, are horrible.

i dont even use the mexican sportsbooks anymore but rarely as casinos cannot compete with the discount online services.

depending on the sport there can be a 10-20 percent premium you pay.

you cant afford that if you are doing this full-time.

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#116
Posted: 9/12/2012 7:22:02 PM
QUOTE Originally Posted by mr_bollox:

good read if nothing else but we all know how this story ends

no posts from NYslim in a couple of weeks, still living the dream?


If he was placing 2200 dollar bets in Preseason, He has more than likely gone bust by now and the dream is now a nightmare.
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newyorkslim send a private message View Space | Blog | Friends | Playbook | My Sportsbook: M Resort |
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#117
Posted: 9/13/2012 12:32:33 AM

Sorry to disappoint but I am here, alive and well....

Total = Up about 4k

Its been pretty  crazy. 

Doing great picking winners; giving back to much at the tables

Just bored, looking to meet/talk to people.....

Came out here to pick winners  and have been doing great with it...

My nut is about $450 a month....

Liquid cash = $100k

If I want to bet 2k on a preseason game,....I probably will....... 


Tomorrow on Bears, USF


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#118
Posted: 9/13/2012 1:06:28 AM
and about the whole "preseason" thing....

A game is a game,...I handicap dynamics.. sometimes preseason
is easier to cap. 

People act like their giving away money in the regular season....

Rookies....




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#119
Posted: 9/13/2012 2:39:03 AM
LOL, Gotcha
I knew if I made a statement like that we would get an update

Hope your not a poker player too
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newyorkslim send a private message View Space | Blog | Friends | Playbook | My Sportsbook: M Resort |
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#120
Posted: 9/13/2012 2:51:05 AM
Nice one,...Yea I stumble in the poker room every now and again,...
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mafioso send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Bellagio |
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#121
Posted: 9/13/2012 3:21:25 AM
I arrive September 20th for 5 days, Ill add you as a friend and maybe we can hook up and shoot the breeze while betting on some college and NFL games.
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#122
Posted: 9/13/2012 11:20:38 AM

you have to open a 5dimes account.

i dont even want to tell you how much youve lost playing vegas lines. im with matchbook and pinnacle.

you cant do this on a dialy basis and bet vegas lines.

you just cant.

 

 

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#123
Posted: 9/18/2012 8:51:10 AM
If you are asking then you don't have enough.
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#124
Posted: 10/2/2012 10:18:53 PM
Vegas update?
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mafioso send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Bellagio |
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#125
Posted: 10/2/2012 10:59:02 PM
More than likely its all gone, I dont think we will hear from NY Slim again.
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