Casinos must nudge bettors to report winnings at poker
Starting today, it’s going to get harder for poker tournament winners to bluff the tax man.
Related Poker News:
- Tax Law Demands a Quarter of Poker Winnings
- Poker Tournament Winnings Must be Reported to the IRS
- Poker winnings to be reported to IRS
- Poker Winnings Must Be Reported to IRS
- Poker tourneys will have to report winnings
- Anti-gambling bill unlikely to stop many U.S. bettors
- 2 more suspects sought in robbery of Wellington pair’s $24,000 poker winnings
- N.J. Casinos: Poker Winners Must Do Tax Form
- IRS says poker tournaments must report players’ winnings of more than $5,000
- Tax Time Coming for Poker Players
- IRS deals out new poker rules
- Poker at Ground Zero
Poker dictionary:
- CHECK RAISE - To check initially, then raise a bet made later on in the same betting round. Frequently a sign of strength, but may be a bluff.
- OPEN - Make the first bet in a hand, especially in draw poker.
- REPRESENT - Implying, by one's betting style, that one has a particular hand.
- POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
- LIMIT POKER - A poker game wherein the amount to be bet is fixed, or at most variable within a prescribed minimum and maximum. Ant.: NO-LIMIT POKER.
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
RSS feed
