ok so you hit a bet that goes over 599 just like at the track and then what you are at the mercy of a 1099 or w2 for those winnings.
many will stay with local book to remain tax free. no point to winning and paying the taxes. nobody likes it who gambles for real.
square action yes will attract but serious gambling cannot see it. w2 a real pain in the A** when it comes to april... of course many will try and then learn the hard way, that when you win you have to prove where the money is come april and where the money came from in the first place.
many will stay with local book to remain tax free. no point to winning and paying the taxes. nobody likes it who gambles for real.
square action yes will attract but serious gambling cannot see it. w2 a real pain in the A** when it comes to april... of course many will try and then learn the hard way, that when you win you have to prove where the money is come april and where the money came from in the first place.