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How do I deduct gambling losses on my tax return?

Posted on December 24, 2009
Filed Under Gambling Discussions | 5 Comments

Jason posted:

I understand that I am required to report gambling winnings and that I am allowed to deduct gambling losses. But I do I determine gambling losses? Specifically, if over the course of a year I fund an online poker account with $3,000, cash out winnings for $5,000, and have $1,000 remaining in my account, can I deduct $3,000 in losses or am I limited to $2,000 in losses?

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How would I talk my local casino into opening a poker room in Nevada?

Posted on December 22, 2009
Filed Under Gambling Discussions | 4 Comments

posted:

I live in Hawthorne, Nevada. The local casino here is called the El Capitan. They have blackjack tables but no poker so the locals have to travel to Reno to play. How would I talk them into opening a poker room in the casino or in the bar they own across the street? I don’t know much about casino protocol.

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How to get cheap shuttle from toronto to niagara falls without casino member card?

Posted on December 21, 2009
Filed Under Gambling Discussions | 1 Comment

asianpaperboy posted:

How to get cheap shuttle from toronto to niagara falls without casino member card?
There’s a tour company offering rides from Toronto->Niagara Falls for $25 if you don’t have a casino membership card, $0 if you do. Problem is, to get the free membership card, you have to be at the casino. So how do I first get there to get the membership card to get the discount for getting there?

Is there another tour company that offers very low cost or free shuttle service from Toronto to Niagara Falls?

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