 SBR Top-Rated Sportsbooks |
Best Sportsbooks List
|
|
| |||||
| #1 FanDuel | SBR rating 4.8/5 | Review | #6 BetRivers | SBR rating 4.1/5 | Review | #2 Caesars | SBR rating 4.7/5 | Review | #7 Fanatics | SBR rating 4.1/5 | Review |
| #3 DraftKings | SBR rating 4.7/5 | Review | #8 Betway | SBR rating 3.8/5 | Review | ||
| #4 BetMGM | SBR rating 4.6/5 | Review | #9 Borgata | SBR rating 3.5/5 | Review | ||
| #5 bet365 | SBR rating 4.6/5 | Review | #10 ClutchBet | SBR rating 2.9/5 | Review | ||
is sbr allowing poker share agreements for wsop tourney?
if so i wanted to do something like jakepeavy was talking about a while back... 3% share agreements with a handful of guys that are probably going to make the sbr tourney...
so if both of us make the sbr tourney and one wins, the other one has 3% of any wsop winnings. if one doesn't make the sbr tourney, or doesn't play in it, agreement is void
hell, the whole field could buy each other for one to 1.5 percent of the action.... socialism poker
Another question about the poker share was if they wouldn't mind a tank in the final positions. They are players (like me) which can't make it to Vegas and would like the 2nd place.
no problem with it if you were heads up at the time of the tanking........Originally Posted by juanquintero
why wouldn't we be allowed? SBR takes 20% should the main event entrant cash and we have the other 80% to do with as we wish. I threw a feeler out and I think you are the only one I have a confirmed trade with, mike. I'd like to trade 3% with like 9 others. My choices would be Shogun, Arun, Donk, Jedi, gummo and 4 others.
another thing that I've heard many say is that the winner will be dead money...I beg to differ..I think many players here are much better than the average WSOP entrant...just my .02
I can buy some side action. But you guys are thinking of making it by sbr betpoints or really $?
it'd be wise to make deals among the players while in the final table.
the payout is only to the top 3.
1st --- wsop seat
2nd --- 15,000 betpoints (no rollover)
3rd --- 7,500 betpoints (no rollover)
yeah it sounded like a great idea when you mentioned it... gives a bunch more hope! even 3% of someone min cashing at wsop (20k) would be a nice $600.
and if i ended up cashing i wouldn't mind the 20% to sbr and another 10-30% on the side. so i'm open to more deals, and i can help with the tax returns if someone from sbr cashes, very easy to back out the winnings on one return and include them on another.
my deal is for 3% of whatever gets cashed... so if you make main event and get 0 then it's 0... if you get 2nd in sbr and get 15,000 points then it's 450 points.
and it's NOT net of taxes, tips, or anything else. if you cash 10 million i want the 300,000!
I am not one of the "chosen" but I have some respect for my game. If I make the field and the final, would be open to a share arrangement.
only problem with the proposed deal cutting is the potential for collusion..... ie, using the final table example, five of the ten make a deal, then collude vs others not in their clique and try to pick the outsiders off one by one. i think all deals would have to be inked ahead of time, although that could still result in collusion during the trny.... ie, maybe not calling a bet you would have otherwise called but for not wanting to knock him out......... but i'm game to trade as much action as possible........
you expect the guy to pay your taxes???
then again, if he won the damn thing, he wouldn' t mind.... but a 30K min cash that would be a bit unfair
Theres maybe 10-15 posters I'd trust with that. A few would take your arrangement & tell you tough shit.
its almost something you have to have planned before the final starts
no i wouldn't expect anyone to pay the taxes... they report 10 million as income, then back out the 300,000 so pay tax on the 9.7 million. i collect the 300,000 and report it as income and pay taxes on it.
the other way is way too messy, someone collects 30,000 but only pays 600 instead of 900 because he says it is for taxes. then that same guy offsets the gambling winnings with losses and pays nothing, keeping the other 300...
if I cashed $30,000, I wouldn't cheat/steal anyone $300. if anything I would give him $1000 instead of the $900.
only makes deal with those that you trust..easy
Maybe Donk could draft something with alot of contingencies? I trust a few of you, but lets be real.... lol
But wont there be a W-2G turned in for the entire amount won?
The dangerous part of doing business. The winner is on the hook for the taxes so you better really trust anyone you're selling pieces too. It goes the other way too that you better really trust the horse because they could walk up to the cage and be in the wind before you know it.
yep, ds is right, often creates a big problem cashing in casino trny's such as the wsop where a chop is involved; you will be 1099'g'd on the entire amount.... easy recommendation here is the guy who wins the seat, if he cashes and owes amounts out, gets to cut his share of the taxed out of each disbursement he makes....
The dangerous part of doing business. The winner is on the hook for the taxes so you better really trust anyone you're selling pieces too. It goes the other way too that you better really trust the horse because they could walk up to the cage and be in the wind before you know it.
YES
but the taxability of it can be split... winner would put the entire amount down, and then put a negative amount (xxx) for the arranged split. best way would be this suggestion after someone makes the wsop main event:
Put the staking arrangement in writing, signed by all parties, and have it dated sometime before the tournament starts. One suggested date is the date the WSOP accepts the player’s entry fee. That way the agreement will appear to have been entered into when the backer’s funds were used to enter the tournament. Also: Complete a Form 5754 even if the casino will not acknowledge it.
some interesting points were raised though about trusting the other person... if it's $30,000 that's worth chasing them down but what about a $600 stiff job? probably not worth it, and then you possibly run into laws like here in wisconsin where any agreement based on illegal gambling (state of wisconsin probably considers sbr poker illegal) can be voided by either party.
so i think i'll just stick with peavy at this point and let the other 97% ride
I'll send resident tough gay JJ Gold to collect from anyone who stiffs me..........
Imagine that look in my avatar to the left "COMIN' AT YOU, BRO!!!!!"
I was going to consider a chop until everyone started making it so confusing lol. Now, it just seems like more of a hassle than anything else.
ya seems like more trouble than it's worth.
all of that being said, I'm open for action (buying/selling) and know the kinks can be worked out
Reply With Quote
