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Message: [QUOTE="ted80, post: 1229933, member: 56913"] keep track of the costs, and losses, and winnings...like most ppl have said. and do the math and report it regardless of how much you won, even if you broke even, the losses are deducted. the irs doesn't care so much how you got your money or what you did with it...just don't try to be slick. this is one of those things honestly is the best policy. don't wait to withdraw it, just keep track of it all as you play. [/QUOTE]