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    All Forums | NBA Betting Forum

    "GAMBLING CAN MAKE YOU MONEY, BUT AINT GOING TO MAKE YOU RICH" WHAT YOU SAY GUYS???

    «First Previous 12345 Next Last»
    Crowkillers
    JCtS
    Raging_Fetus
    Humblepie
    tallguyindc
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    Crowkillers
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    Posted: May. 6, 2010 - 11:21 PM ET #51

    Arizona race card? I never heard of that one.
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    Arizona race card? I never heard of that one.
     
    JCtS
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    Posted: May. 6, 2010 - 11:22 PM ET #52

    The topic of this thread had turned 360 degree to politics ...

    Whta's gambling got to do with it ?

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    The topic of this thread had turned 360 degree to politics ...

    Whta's gambling got to do with it ?

     
    JCtS
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    Posted: May. 6, 2010 - 11:24 PM ET #53

    here's a right direction : https://www.covers.com/postingforum/post01/showmain.aspx?spt=87
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    here's a right direction : https://www.covers.com/postingforum/post01/showmain.aspx?spt=87
     
    Raging_Fetus
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    Posted: May. 6, 2010 - 11:24 PM ET #54

    And I qualify for Food Stamps, Cash assistance and dont take those, so please dont call me a leech, because i take part of a program that i have a right too. And im a degenerate why? because i dont put on a suit and tie everyday. I have a philosophy degree from ASU, i know a worthless degree unless I wanna teach which drove me towards handicapping in the first place. But im not a degenerate.
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    And I qualify for Food Stamps, Cash assistance and dont take those, so please dont call me a leech, because i take part of a program that i have a right too. And im a degenerate why? because i dont put on a suit and tie everyday. I have a philosophy degree from ASU, i know a worthless degree unless I wanna teach which drove me towards handicapping in the first place. But im not a degenerate.
     
    Raging_Fetus
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    Posted: May. 6, 2010 - 11:27 PM ET #55

    Thanks for the other fourm link guys. Didnt even know that existed. Honestly i dont know how we got here. Someone said there is no way my GF and I live off 30k a year. So i broke down my bills, partially to show that we do and partially cause i just wanted to see my bill breakdown. Then i got trashed because i take part in a state program.
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    Thanks for the other fourm link guys. Didnt even know that existed. Honestly i dont know how we got here. Someone said there is no way my GF and I live off 30k a year. So i broke down my bills, partially to show that we do and partially cause i just wanted to see my bill breakdown. Then i got trashed because i take part in a state program.
     
    Humblepie
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    Posted: May. 6, 2010 - 11:27 PM ET #56

    "I have STATE COVERED HEALTH INSURANCE. Paid for by the state."

    That means the taxpayer foots your healthcare. What part don't you understand? If you lose 70k because you gamble, why should the risk be shifted to the taxpayer to bail you out and pay for your health insurance?

    Pay your own way. Grow up, be a man, and pay your own way. Especially if you earn 65k a year and don't pay any taxes...that's what men do...
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    "I have STATE COVERED HEALTH INSURANCE. Paid for by the state."

    That means the taxpayer foots your healthcare. What part don't you understand? If you lose 70k because you gamble, why should the risk be shifted to the taxpayer to bail you out and pay for your health insurance?

    Pay your own way. Grow up, be a man, and pay your own way. Especially if you earn 65k a year and don't pay any taxes...that's what men do...
     
    Crowkillers
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    Posted: May. 6, 2010 - 11:28 PM ET #57

    I pey my health insurance via Legos...
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    I pey my health insurance via Legos...
     
    Crowkillers
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    Posted: May. 6, 2010 - 11:28 PM ET #58

    ***pay
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    ***pay
     
    Raging_Fetus
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    Posted: May. 6, 2010 - 11:31 PM ET #59

    Arizona race card is the idea that anyone here who takes part in any state program has to be an illegal. You should hear the stuff that gets said and done out here right now. I was at a gas station last week. 2 hispanics were out front and like 5 or 6 white kids started beating the shit out of them yelling " its your fault our friends and families are unemployed" and this was in north scottsdale,  so im assuming the 2 hispanics were legal, but either way, its so fucked up. but like the guy coming after me here, reminds me of the white kids out front of that AMPM
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    Arizona race card is the idea that anyone here who takes part in any state program has to be an illegal. You should hear the stuff that gets said and done out here right now. I was at a gas station last week. 2 hispanics were out front and like 5 or 6 white kids started beating the shit out of them yelling " its your fault our friends and families are unemployed" and this was in north scottsdale,  so im assuming the 2 hispanics were legal, but either way, its so fucked up. but like the guy coming after me here, reminds me of the white kids out front of that AMPM
     
    Crowkillers
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    Posted: May. 6, 2010 - 11:32 PM ET #60

    Wow, that is crazy.

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    Wow, that is crazy.

     
    Raging_Fetus
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    Posted: May. 6, 2010 - 11:35 PM ET #61

    So what amount would I have to make to be allowed by you to use State insurance. By the way not this matters to you, but im 28, my GF is 22, neither 1 of us has been to a doctor in over 2 years. so we dont exactly take advantage of the system, its more there for an emergency. car accident etc... make insurance premiums reasonable and ill pay. These programs are already paid for, its not like by me using it im making anyone else pay more money. There is a cap on how many people can have it. So if  I didnt take it, it would technically just go to waste. But again I know that is just a cop out on my part to not want to give more money to the big bad insurance world that is raping everyone.
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    So what amount would I have to make to be allowed by you to use State insurance. By the way not this matters to you, but im 28, my GF is 22, neither 1 of us has been to a doctor in over 2 years. so we dont exactly take advantage of the system, its more there for an emergency. car accident etc... make insurance premiums reasonable and ill pay. These programs are already paid for, its not like by me using it im making anyone else pay more money. There is a cap on how many people can have it. So if  I didnt take it, it would technically just go to waste. But again I know that is just a cop out on my part to not want to give more money to the big bad insurance world that is raping everyone.
     
    Humblepie
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    Posted: May. 6, 2010 - 11:57 PM ET #62

    "make insurance premiums reasonable and ill pay."

    I hear ya. If you don't want to pay, don't. It's your right. But just admit that you are scamming the system because you can afford to pay for your own insurance but don't. Hence, a leech. And by the way, I said you MAY be a degenerate, not that you were one...

    " These programs are already paid for, its not like by me using it im making anyone else pay more money. There is a cap on how many people can have it. So if  I didnt take it, it would technically just go to waste."

    This epitomizes the crux of your profoundly weak character. If there is a cap on how many people can have it, how do you know that there isn't legitimate people who actually need it, who cant get it because there is a cap and you are abusing the system, because your too slick to have to pay for your own?

    I never brought up race by the way. Its funny you did. Most socialists always play the race card. Enjoy the GF, I doubt she is gonna stick around....
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    "make insurance premiums reasonable and ill pay."

    I hear ya. If you don't want to pay, don't. It's your right. But just admit that you are scamming the system because you can afford to pay for your own insurance but don't. Hence, a leech. And by the way, I said you MAY be a degenerate, not that you were one...

    " These programs are already paid for, its not like by me using it im making anyone else pay more money. There is a cap on how many people can have it. So if  I didnt take it, it would technically just go to waste."

    This epitomizes the crux of your profoundly weak character. If there is a cap on how many people can have it, how do you know that there isn't legitimate people who actually need it, who cant get it because there is a cap and you are abusing the system, because your too slick to have to pay for your own?

    I never brought up race by the way. Its funny you did. Most socialists always play the race card. Enjoy the GF, I doubt she is gonna stick around....
     
    Raging_Fetus
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    Posted: May. 7, 2010 - 12:04 AM ET #63

    Lol, shes not going anywhere. and yea i probably do have some socialist beliefs. and i didnt say you brought up the race card, i said please dont. I hate the race card in any conversation. And if the insurance was capped Id agree, but its not because people are still getting it daily. The reason I wont admit im scamming the system is because I dont pay into social security, so when im in my early to mid 60's ill be lucky to get 250 bucks a month while your getting 1600-2200 depending on what it is by then. So i guess ill give it all back then. Abusing the system would be if I was taking all the programs. Im not having the state pay my rent, electric, food etc... i have them cover me in case i have an emergency. My GF would leave because we have state insurance. thats some funny stuff. im saving her money. if anything, it makes here more happy. she can go by some extra shoes with that extra cash we dont spend on insurance. at least she will pay sales tax on them, that should bring a smile to your face.
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    Lol, shes not going anywhere. and yea i probably do have some socialist beliefs. and i didnt say you brought up the race card, i said please dont. I hate the race card in any conversation. And if the insurance was capped Id agree, but its not because people are still getting it daily. The reason I wont admit im scamming the system is because I dont pay into social security, so when im in my early to mid 60's ill be lucky to get 250 bucks a month while your getting 1600-2200 depending on what it is by then. So i guess ill give it all back then. Abusing the system would be if I was taking all the programs. Im not having the state pay my rent, electric, food etc... i have them cover me in case i have an emergency. My GF would leave because we have state insurance. thats some funny stuff. im saving her money. if anything, it makes here more happy. she can go by some extra shoes with that extra cash we dont spend on insurance. at least she will pay sales tax on them, that should bring a smile to your face.
     
    tallguyindc
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    Posted: May. 7, 2010 - 12:49 AM ET #64

    Quote Originally Posted by Raging_Fetus:

    Hey Humblepie, do you know what taxes are on Gambling Winnings. 45% as of last year. Not to mention, its still technically illegal to online sportsgamble. I take advantage of the same programs as alot of americans. Because I cant afford the taxes, I cant better my credit. Thus I have a hard time if I want a new car. No chance of financing any property or anything else. Im a democrat and believe in paying taxes and I believe in a progressive tax system, but I would be paying more percentage wise  then someone who makes 16 million a year. Thats the uber tax bracket. Is that fair? make gambling earnings fair for taxes and Ill pay them. By the way I dont work for a company so I obviously dont have access to insurance that way and if you think im paying a private company a ridiculous amount your outta your mind. who would do that unless the had too?

     

    How do you figure taxes as being at 45%?

    If you are not a professional gambler, gambling income is reported on other income line 21.  Its treated exactly the same as income from other sources.  You pay the appropriate amount for your bracket.  For somebody making $65000, with standard deductions, etc.  that works out to about 15%. Arizona will hit you with another 4.25%.  All told, you're looking at less than 20%. 

    That is assuming that you aren't filing as a professional gambler. If you do file as a professional gambler, you get to claim deductions for expenses, etc.  From your description, it sounds like you would qualify as a pro.

    I'm trying to figure out where the 45% number comes from. 

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    Quote Originally Posted by Raging_Fetus:

    Hey Humblepie, do you know what taxes are on Gambling Winnings. 45% as of last year. Not to mention, its still technically illegal to online sportsgamble. I take advantage of the same programs as alot of americans. Because I cant afford the taxes, I cant better my credit. Thus I have a hard time if I want a new car. No chance of financing any property or anything else. Im a democrat and believe in paying taxes and I believe in a progressive tax system, but I would be paying more percentage wise  then someone who makes 16 million a year. Thats the uber tax bracket. Is that fair? make gambling earnings fair for taxes and Ill pay them. By the way I dont work for a company so I obviously dont have access to insurance that way and if you think im paying a private company a ridiculous amount your outta your mind. who would do that unless the had too?

     

    How do you figure taxes as being at 45%?

    If you are not a professional gambler, gambling income is reported on other income line 21.  Its treated exactly the same as income from other sources.  You pay the appropriate amount for your bracket.  For somebody making $65000, with standard deductions, etc.  that works out to about 15%. Arizona will hit you with another 4.25%.  All told, you're looking at less than 20%. 

    That is assuming that you aren't filing as a professional gambler. If you do file as a professional gambler, you get to claim deductions for expenses, etc.  From your description, it sounds like you would qualify as a pro.

    I'm trying to figure out where the 45% number comes from. 

     
    McAlpine
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    Posted: May. 7, 2010 - 12:58 AM ET #65

    RAGING FETUS IS  A DEGENERATE.

    And so is anyone else who expects working people to pay for their retirement, health care, prescription drug coverage, food stamps....

    Pay your own way you slacker. This country is sinking because of people like you with an entitlement mentality.

    Good at handicapping sports?  Great.  Make it a second income and stop taking money from people who get up at 7:00 am and to work for a living.

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    RAGING FETUS IS  A DEGENERATE.

    And so is anyone else who expects working people to pay for their retirement, health care, prescription drug coverage, food stamps....

    Pay your own way you slacker. This country is sinking because of people like you with an entitlement mentality.

    Good at handicapping sports?  Great.  Make it a second income and stop taking money from people who get up at 7:00 am and to work for a living.

     
    westsi819
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    Posted: May. 7, 2010 - 1:10 AM ET #66

    Yeah you could make a good living by being the BOOKIE!!!
    As long as you have the bank roll to back you up, the house has the best chance of winning. That's why the most popular game in vegas is poker! Poker has no house, just other players... so in my opinion, there's no way a person can be a professional gamblers, just degenerate ones! UNLESS you're playing Hold'em or Poker games in that category.



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    Yeah you could make a good living by being the BOOKIE!!!
    As long as you have the bank roll to back you up, the house has the best chance of winning. That's why the most popular game in vegas is poker! Poker has no house, just other players... so in my opinion, there's no way a person can be a professional gamblers, just degenerate ones! UNLESS you're playing Hold'em or Poker games in that category.



     
    westsi819
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    Posted: May. 7, 2010 - 1:15 AM ET #67

    wow, the topic changed so fast!!  Politics?!? SHIT I'M OUT!!!  Shit it's gonna be like 50,000 postings up in the thread....

    JUST FYI, I got a job and don't take the government cheese... hahha

    Later people!!


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    wow, the topic changed so fast!!  Politics?!? SHIT I'M OUT!!!  Shit it's gonna be like 50,000 postings up in the thread....

    JUST FYI, I got a job and don't take the government cheese... hahha

    Later people!!


     
    Brocknroll
    Brocknroll
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    Posted: May. 7, 2010 - 3:16 AM ET #68

     You lost any interest from myself and 99% of the people on Covers when you strongly defended Obama and the Universal Health-Horse-Garbage.  Please take this shit onto a forum that Strong Liberals and Lost Democrats give a flying fuck.  We are here to make money gambling on disinterested sports' professionals who change their motivation daily on whether or not they want to perform as we carefully assess whether or not to wager our hard earned money on their team.  Obama talk is the last fucking thing most everyone on the site wants to hear someone tout right now...Especially from a guy who is gambling his money away and then bragging about government handouts.  Beat-it.
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     You lost any interest from myself and 99% of the people on Covers when you strongly defended Obama and the Universal Health-Horse-Garbage.  Please take this shit onto a forum that Strong Liberals and Lost Democrats give a flying fuck.  We are here to make money gambling on disinterested sports' professionals who change their motivation daily on whether or not they want to perform as we carefully assess whether or not to wager our hard earned money on their team.  Obama talk is the last fucking thing most everyone on the site wants to hear someone tout right now...Especially from a guy who is gambling his money away and then bragging about government handouts.  Beat-it.
     
    Hungry11
    Hungry11
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    Posted: May. 7, 2010 - 3:24 AM ET #69

    glock finally lost it after losing day after day
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    glock finally lost it after losing day after day
     
    Glock_II
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    Posted: May. 7, 2010 - 4:29 AM ET #70

    Not day after day... i won last night on Phoenix big.

    65k a year is big, even if you are living with your g.f and have 2 pets, you can survive...

    you can or cant hope with insentives etc...

    but sure thing if they gave it to you, you accept it. hehe.

    HUNGRY YOU ARE A FULL OF CRAP AGAIN. I THOUGHT YOU ARE A CHANGE MAN. LOL

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    Not day after day... i won last night on Phoenix big.

    65k a year is big, even if you are living with your g.f and have 2 pets, you can survive...

    you can or cant hope with insentives etc...

    but sure thing if they gave it to you, you accept it. hehe.

    HUNGRY YOU ARE A FULL OF CRAP AGAIN. I THOUGHT YOU ARE A CHANGE MAN. LOL

     
    thabeest
    thabeest
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    Posted: May. 7, 2010 - 4:30 AM ET #71

    To even have to pay for health insurance is "whacked" if you ask me. Guess I am blessed with being born in Norway and will never have to rely on insurance companies to back me up. God knows I would never trust them.
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    To even have to pay for health insurance is "whacked" if you ask me. Guess I am blessed with being born in Norway and will never have to rely on insurance companies to back me up. God knows I would never trust them.
     
    Hungry11
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    Posted: May. 7, 2010 - 5:33 AM ET #72

    Quote Originally Posted by Glock_II:

    Not day after day... i won last night on Phoenix big.

    65k a year is big, even if you are living with your g.f and have 2 pets, you can survive...

    you can or cant hope with insentives etc...

    but sure thing if they gave it to you, you accept it. hehe.

    HUNGRY YOU ARE A FULL OF CRAP AGAIN. I THOUGHT YOU ARE A CHANGE MAN. LOL

    i'm just bitter, i'm having a rough week.
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    Quote Originally Posted by Glock_II:

    Not day after day... i won last night on Phoenix big.

    65k a year is big, even if you are living with your g.f and have 2 pets, you can survive...

    you can or cant hope with insentives etc...

    but sure thing if they gave it to you, you accept it. hehe.

    HUNGRY YOU ARE A FULL OF CRAP AGAIN. I THOUGHT YOU ARE A CHANGE MAN. LOL

    i'm just bitter, i'm having a rough week.
     
    Iw1nBets
    Iw1nBets
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    Posted: May. 7, 2010 - 6:09 AM ET #73

    I actually believe that raging fetus makes what he says he does betting. The key is all about doing it in moderation
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    I actually believe that raging fetus makes what he says he does betting. The key is all about doing it in moderation
     
    PGram13
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    Posted: May. 7, 2010 - 8:11 AM ET #74

    GM GLOCK! I got one more thing to say on this subject! I have been gambling on sports since 1989! I won 27000 something in 1991, in the period I wager "seriously", which is just a  a month before the end of regular season of college, through the Tourney, and then on through NBA playoffs! I can bet basketball a lot better than football! I played football, and not BB, and I feel it is because of the manner of the game and such smaller rosters, nevertheless, I started trying to figure out how much I have won, and it is up there, but only a lil over 100,000 or under! When I was younger I partied and bought a Rolex , at one time with winnings etcetera, but basically blew it! I have bought an AK-47, a AR-15 M1 A4, a Glock 40, and a Droid phone this year, and have quite a bit left! I have fun, and some years I flame out before the the Tourney ends, because I seed my account, with X amount and go from there with no more than that amount! I cant gripe, but YOU CANT GET RICH UNLESS YOU HAPPEN TO BUY A WINNING LOTTO! That is why ALL THE BOOKS ARTE STILL OPEN!!!!! <LOL> Have a great day and BOL TONIGHT GLOCK! PG
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    GM GLOCK! I got one more thing to say on this subject! I have been gambling on sports since 1989! I won 27000 something in 1991, in the period I wager "seriously", which is just a  a month before the end of regular season of college, through the Tourney, and then on through NBA playoffs! I can bet basketball a lot better than football! I played football, and not BB, and I feel it is because of the manner of the game and such smaller rosters, nevertheless, I started trying to figure out how much I have won, and it is up there, but only a lil over 100,000 or under! When I was younger I partied and bought a Rolex , at one time with winnings etcetera, but basically blew it! I have bought an AK-47, a AR-15 M1 A4, a Glock 40, and a Droid phone this year, and have quite a bit left! I have fun, and some years I flame out before the the Tourney ends, because I seed my account, with X amount and go from there with no more than that amount! I cant gripe, but YOU CANT GET RICH UNLESS YOU HAPPEN TO BUY A WINNING LOTTO! That is why ALL THE BOOKS ARTE STILL OPEN!!!!! <LOL> Have a great day and BOL TONIGHT GLOCK! PG
     
     
    PGram13
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    Posted: May. 7, 2010 - 8:15 AM ET #75

    Quote Originally Posted by Iw1nBets:

    I actually believe that raging fetus makes what he says he does betting. The key is all about doing it in moderation
    EXACTLY! And money management  !
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    Quote Originally Posted by Iw1nBets:

    I actually believe that raging fetus makes what he says he does betting. The key is all about doing it in moderation
    EXACTLY! And money management  !
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