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General Poker
Online Poker Illegal in the USA?
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[QUOTE="Bonghead, post: 1983701, member: 92277"] [b]USA poker schmoker[/b] Online poker is not illegal, but U.S. has changed how easy these sites can get our $$. Online poker tho is not illegal as Nevada will have a poker site up and running here within a few months. ( for residents only ) so if you dont live there you cant play on it. Other sites are just limited on how they can get $ as far as reporting to the IRS.. depends on what u win personally i dont report crap to them but if you win a ton and they want to know where you got the $ and you dont report it..well now you can be on their bad side and be convicted in a court for tax evasion. Although chances of this are slim, you never know what will happen in future. Maybe a site makes a deal to release all info on payouts to DOJ in exchange for them to get a licence to operate here then you have issues, ( if it is worth their time ) BUT with any gambling win you can claim 10k loss for that year. So you have at least one way to go... if you win 10k or less can always say you lost it. Win 10k or more.. depends on how big of a chunk you get paid out. Banks report any deposit of 10k or more or breaking up your deposits. ( breaking up the 10k and depositing over 1-2 weeks ) . Just some info for you not suggesting anything :) [/QUOTE]
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