News for hackers. Stuff that matters.
Re:The Online Sports Gambling Experiment Has Failed by dgfitz on Monday November 11, 2024 @08:15PM (#42111974)
I dunno, it’s hard to describe. Imagine $10,000 on $47 and realizing that half that money never existed. I don’t mind paying the taxes on it, but claiming gambling winnings basically defeats any sensible financial tax strategy.

I think I’m the only person I know who claims them. I’m about to give it up because I never needed the money, it’s just fun to beat the house. The taxes really do suck.

Re:The Online Sports Gambling Experiment Has Failed by lotsofpulp on Monday November 11, 2024 @09:21PM (#42112240)
You’re right, this website educated me on some of the inconsistencies/drawbacks compared to other income:

https://www.lhd.com/the-edge/if-you-are-a-recreational-gambl...