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I've heard that you should keep records of your wins and losses and to break them down into sessions so that it's easier to file taxes.
So if I win 500 on a bet and lose 220 on another then is that session +280? Or did I win 500 and "lose" 220? Since I know if you file as professional then you can deduct loses. If I constantly get payouts most months then what counts as loses? I made close to 50 grand last year and would like to file my taxes correctly in the future. I'd go to a cpa but I'm not sure how much they'd know about keeping records. Thanks in advance.
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b00mer44 | 5 |
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hahaha seriously a chase? on a 3 game chase you have to predict 88% of the series right just to BREAK EVEN. get unluck that 12%ish of the time and you're broke
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centralflaguy | 276 |
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you're suppose to take the CAREER stats of players. if your using stats of a single season then you're doing it wrong. if you're only taking spring training stats then your definitely doing it wrong
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dj_destroyer | 56 |
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it can be done EASILY if u have good money management.
last year i used the labouchere system with $100 lines betting every under for these teams (atlanta, chi sox, and seattle). i won close to 30 grand. dont laugh until u go back and check the stats. the only bad thing is that you gotta have at least a 3 grand bankroll per team. even though those teams have good pitching and anemic offenses, you gotta have a bankroll big enough to handle the consecutive overs. i started with 10 grand and won close to 30,000 (PROFIT) by the end of baseball season. didnt lose a single dollar. so get a job, save up, and then be disciplined enough to just bet and just check the scores at the end of the night and you cant lose. this season im using 200-200-200-200 lines and hope to win at least 80,000 betting 4 teams.
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BatmanOfBetting | 44 |
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hahaah i agree. i come in here and read about the meltdowns just for entertainment
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bbondslf25 | 18 |
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hahaha rangers been knocking in runs?? they couldn't even score a single run off sidney ponson!
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punishment | 10 |
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Canematador, are you SURE you make any money?? you're always in these in-game threads freaking out over a base hit or a strikeout. hhahahh its good entertainment. i root for you to lose cuz you act like such an idiot
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CANEMATAD0R | 99 |
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mets 2
braves 4 hits 15 k's 9
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Lou | 101 |
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Texas hasn't had back to back over games since may 4th and 5th! and with millwood pitching against san diego, i see a 6-2 type of game. 10.5 is a great line for under bettors.
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b00mer44 | 2 |
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7-2 tampa
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bambambigalo | 389 |
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top 6 1-1 det
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bambambigalo | 389 |
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3-1 yanks top 9
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bevoaustintx | 374 |
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man on third. 2 outs for toronto bottom 8
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bevoaustintx | 374 |
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greene with a single
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bevoaustintx | 374 |
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STL 2-1 FINAL
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bevoaustintx | 374 |
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2 on 1 out for cards bottom 9th. k green batting
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bevoaustintx | 374 |
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man on third one out for yanks top 8th
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bevoaustintx | 374 |
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1st and 2nd. one out for yanks
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bevoaustintx | 374 |
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1 on 1 out for yanks
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bevoaustintx | 374 |
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millar out. top 7. 1-1
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bevoaustintx | 374 |
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