what you guys doing about gambling next year?

gotta pay income tax on 10% of your total winnings if you break even

Not in Canadia its all tax free babbyy

i thought the big beautiful bull said you have to pay taxes on what you bet, like even if you bet 100 and lose you pay on that. if you win you pay on the winnings (obv), and if you lose it’s like up to 80% of what you BET

if you make 10k gambling and lose 10k gambling you have to act as if you made 1k on your taxes

can only claim 90% of your losses

sounds like a disaster that people will have a tax burden on top of a gambling loss

They aren't going to go after the little guys, they don't have enough oversight, let alone enforcement for it to be worth the return to them honestly. They might garnish future tax returns if you don't pay and get audited and caught that's about it. The IRS has bigger fish to fry than our little fan duel accounts.

What books y'all use up there?

Got everything dawg

Damn, i'm locked to FD.

That's clean

literally everything

bet365
betmgm
fanduel
you name it

I been on a tare lately cashed out 3k over the last few days:

all tax free in my paypal account in like 2 hours



This post was edited by Crunkt on Feb 6 2026 10:18am