Messages

Forum Index : Las Vegas : Messages
Author: [Las Vegas] Topic: any reno or vegas guys I need your help
MANIAX
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook | My Sportsbook: BetJamaica.com |
MANIAX
Participation Meter
Prospect
Joined: Mar 2008
Posts: 265
Location: California
#1
Posted: 10/16/2012 1:41:06 PM
I need 15k in losing betting slips for 2012.  It could be sportsbetting or ponies it does not matter.  I am willing to pay 10% for your losing tickets.  
quote
mrquija27 send a private message View Space | Friends | Playbook | My Sportsbook: betED.com |
mrquija27
Participation Meter
Veteran
Joined: Jan 2011
Posts: 2659
Location: Michigan
#2
Posted: 10/16/2012 5:58:53 PM
Thats one hell of an offer!!!
quote
mrquija27 send a private message View Space | Friends | Playbook | My Sportsbook: betED.com |
mrquija27
Participation Meter
Veteran
Joined: Jan 2011
Posts: 2659
Location: Michigan
#3
Posted: 10/16/2012 5:59:40 PM
But why dont you just go to vegas from book to book on a sunday and just pick them up.  There will be plenty I am sure.
quote
TheCrow send a private message View Space | Friends | Playbook |
TheCrow
Participation Meter
Captain
Joined: Dec 2001
Posts: 8941
Location: California
#4
Posted: 10/17/2012 12:25:31 AM
what about going to the race track and looking underneath the benches?  i think it might have been posted here before in this forum
quote
VegasGourmet send a private message View Space | Friends | Playbook |
VegasGourmet
Participation Meter
Rookie
Joined: Mar 2010
Posts: 812
Location:
#5
Posted: 10/19/2012 2:38:19 AM

You do understand that the losing tickets have to show a pattern of betting similiar and equal to your other betting....and that can include slot machines if you are looking to offset a jackpot.

Additionally, you will have to show the auditor the times and dates that you were here in Vegas that coincide with the losing tickets....charge slips for rooms or food will be necessary to corroborate your audit.

And, if you try to state that you made "day trips" from Cali and everything was paid for in cash, including gas for your car...they will, 99% of the time, disallow your claim that you are a PROFESSIONAL GAMBLER....because that is what you will have to register as a profession to claim that level of deduction without any other proof.

Wish you luck with your search.

quote
HardballHarry send a private message View Space | Blog | Friends | Playbook |
HardballHarry
Participation Meter
Prospect
Joined: May 2008
Posts: 48
Location:
#6
Posted: 10/19/2012 7:37:21 AM
No such thing as "registering" for a profession. And you dont have to be a pro to claim offsets against winnings. You need to be a pro to offset gambling related expenses against winnings.
quote
666LES send a private message View Space | Friends | Playbook | My Sportsbook: BetDSI |
666LES
Participation Meter
Veteran
Joined: Dec 2006
Posts: 2324
Location: New York
#7
Posted: 10/19/2012 2:31:27 PM
If you're off-setting a win you don't register garbage. The price is right $.10 on the dollar, but all I got are NYS racetrack tickets. $15k costs $1500.
quote
VegasGourmet send a private message View Space | Friends | Playbook |
VegasGourmet
Participation Meter
Rookie
Joined: Mar 2010
Posts: 812
Location:
#8
Posted: 10/19/2012 3:08:26 PM

Read it again guys.....the "professional gambler" piece refers strictly to a cash-only audit and NOT as a "tourist win".....

If this guy cannot show a consistent betting pattern on the dates connected to his winnings, he will lose his audit with the IRS. Collecting losing tickets WITHOUT showing that he was in Vegas will not help him at all.

...and 666LES, If this guy was to use your tickets without showing that he was in NY making those bets, then you would have to be assigned as his "agent" for betting; which, once again, would make him a "professional gambler" for audit purposes.

quote
baronman
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
baronman
Participation Meter
Rookie
Joined: Sep 2010
Posts: 724
Location:
#9
Posted: 10/19/2012 4:31:07 PM
maniax,had friend won $130,00 scrater .he knew guy that worked at race track he gave him losing tickets .he paid him ? maybe walk at track in vegas or some place else pick up losing tickets.
quote
666LES send a private message View Space | Friends | Playbook | My Sportsbook: BetDSI |
666LES
Participation Meter
Veteran
Joined: Dec 2006
Posts: 2324
Location: New York
#10
Posted: 10/20/2012 10:59:45 AM

If Manix has a 15k pick 3 ticket that had tax withheld all he has to do if off-set 15k in legal gambling losses. He will declare on 2012 IRS forms and he will propably get audit.Catalog your losses and have them on file when you go to audit.This isn't a matter of stooping around racetrack/casino.Do you realize how many $4 exacta box or $5 parleys you would need to pick to reach 15K?

VegasG- if Manix had a 1 hit 15k payout he is just joe citizan who got lucky and he doesn't need to registwer as ProGambler.If he went to Saratoga or beautiful Central NY and gambled and lost I'd  bet he wouldn't need to show a grayhound ticket.Maybe/maybe not.

quote
shubox88 send a private message View Space | Blog | Friends | Playbook |
shubox88
Participation Meter
Veteran
Joined: Mar 2009
Posts: 1065
Location: Nevada
#11
Posted: 10/20/2012 12:57:08 PM

Maniax, it sounds like you are anticipating a tax audit and not that you are in the middle of one since your asking for 2012 betting slips. There are several loop holes for you to take advantage of. relax.

If you purchase betting slips make sure that they do not have a players card number. If the player used his card while placing the bet then that number will be on the ticket and it is useless for you.

The key is not to create red flags, 15k will not raise a red flag. When you file your taxes you have to itemize your deductions to include your gambling loss up to the amount of "reported wins", G-2W's. It sounds like your 15k win is from video poker or slots. If you won 15k on a stright sports bet you would not receive a W-2G, you would have received an 8300 form for cash transactions over 10k. In the future when you win more than 10k only take less than the 10k in cash and leave the excess in the cage to cash out another day, no 8300 form will be used.

You will not need suporting documentation when you file your taxes, but you will need it only if you are audited. Keep a daily gambling journal. Another easy way to do it yourself is to use an ATM machine inside a casino, either debit or credit card, keep those bank statements. Your you can cash personal checks at the casino cage. You have time to take care of this issue on your own.

darn the IRS.

quote
VegasGourmet send a private message View Space | Friends | Playbook |
VegasGourmet
Participation Meter
Rookie
Joined: Mar 2010
Posts: 812
Location:
#12
Posted: 10/20/2012 3:30:41 PM

666 & Shu....agree with both your last posts....but his original posting had to do with acquiring losing tickets from anyone and anywhere; and if he does happen to get audited (and that is NOT something to GAMBLE on). he can do more than lose this one round to the IRS....they can go back many years, each year, and see what this guy has been doing with his money.

If they question this guy as to "betting patterns" and locations, he will lose....absolutely.

quote
vancleaveb
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
vancleaveb
Participation Meter
Prospect
Joined: Oct 2010
Posts: 65
Location: California
#13
Posted: 10/22/2012 4:15:54 PM
MANIAX:

PM me....I'm in Cali, got what you need.
quote
Bondedman send a private message View Space | Friends | Playbook |
Bondedman
Participation Meter
Banned
Joined: Jul 2012
Posts: 49
Location: Florida
#14
Posted: 10/26/2012 1:48:51 AM
I just came back from a very expensive trip and have plenty of losing tickets far in excess of the amount you specified.  PM me if you like!

quote
dbartoletbet send a private message View Space | Friends | Playbook | My Sportsbook: M Resort |
dbartoletbet
Participation Meter
Prospect
Joined: Jul 2009
Posts: 61
Location: Nevada
#15
Posted: 10/28/2012 9:30:23 AM
I live in vegas.
I got what you need.
PM me.

quote
Forum Index : Las Vegas : Messages
You have entered the forum as a GUEST. 
You must login/register to post or reply.