@LilithPoker If you have to pay US taxes, you should not be playing any tournaments this year if you are trying to be profitable imo. Good decision
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Danny Marx
1.4K posts
Danny Marx
@DannyMPoker
Puppies and Poker - My brain filters reality to confirm my preexisting beliefs
Dallas, TX Katılım Ağustos 2022
317 Takip Edilen225 Takipçiler
I didn't satellite into this beautiful $5k 60min blind levels WPT tournament, so I was contemplating the idea of regging directly into it.
But look at the field of diamonds here. 👀
Let's say - optimistically - that I have an eROI of 5-15% (flight 1C is probably the most profitable).
That makes me $250-$750 in $ EV for two days of play with HUGE variance when my ABI is $1.5k.
I decided not to.
Someone please help me kill the leftovers of my persistent ego-infused bankroll-damaging FOMO and remind me that I'm doing the right thing by choosing printing over praying (especially after having a bad year). 🥺😆
Venetian Poker Room@VenetianPoker
DeepStack Extravanganza Event #21 – Day 1B $5,000 WPT NLH WPT Spring Championship @WPT $2,000,000 Guarantee Chip Counts: 96 of 300 Remain Prize Pool: $1,380,000 Day 1C today at 11:10 AM
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Prediction markets and cash game streams should probably stay separate.
If I'm one of these players, what's stopping me from betting $500K on myself to lose + then having "an off night" on stream?
The reality, at the moment, is nothing. It's not like poker has a governing body.
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@TexasKimPoker @WSOP I’m just surprised how many Americans are completely ignoring the new tax laws and still playing poker tournaments full time
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It’s sad to see the Monster Stack become a re-entry @WSOP .
I always labeled this tournament as the “Rec Player’s Main Event”. Changes like this make it harder for the average Joe to bink the dream.
But, maybe I’m just a rec tournament player myself now…
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@berkey11 @BlaiseBourgeois You couldn’t help yourself, you really had to throw the um in there huh?
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@sevencard2003 @RealKidPoker Not even close to true. Poker will always get tougher to beat
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@RealKidPoker it means poker games will become far easier to beat
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This is concerning.
We have more access to information today than ever, but there is a cost in regards to intelligence and critical thinking skills.
World of Statistics@stats_feed
Neuroscientist study reveals that Gen Z has become the first generation to be less intelligent than its predecessor, the Millennials. For the first time in 100 years, young people are scoring lower than their parents on IQ tests and core skills like memory, reading, and focus. This is happening mainly in the US and Europe. The main cause appears to be excessive screen time and digital device use, particularly in schools and social settings. While some suggest Gen Z is just developing different skills, research shows actual declines in fundamental problem-solving abilities.
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@StevenBridges Try to begin anywhere so you can learn a little humility
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@Negatrev @StevenBridges You are not correct. The answer is 50% and you are likely misunderstanding what he is saying
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@StevenBridges I said it in the thread as well. It's such a ridiculously stupid take, because why does he think card counting is hated in Casinos? It's because knowing what's removed from the deck literally changes the odds.
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@VictoriaL_64 Are you a US citizen? This is not feasible if you pay US taxes
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Looking for couple long-term action buyers for 2026. Have around 10-15% at 0 MU. Planning full schedule of major events from PGT/WSOP/WPT/Vegas rooms. For pokerGO, $5Ks - $10Ks; all else $1K - $10K w/ABI around $3K. DM for more info.
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@grpwins @TiffnyMichelle Poker momma is an absolute crusher at the table and has her earned way through hard work and passion for the game
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Let’s normalize the assumption that the notable pretty girls in poker actually paid their way and did the work to get where they are.
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@JonShoreman @padspoker More non-Americans will be able to afford the buy in
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@padspoker How does changing them to $5k rebuys help? The tax % is still the same.
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How can WSOP save itself next summer with the new tax laws? I think high rollers will struggle & the 10k championship mix events that are mostly comprised of American professionally over 35 who want to do things by the book. Can they be changed to $5k with single reentry?
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@audavidb @tonydunsttv It does not matter how soft the tourneys are. It becomes unbeatable in an already difficult tax market for volume players.
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@tonydunsttv May actually make high rollers beatable for the upper mid tier….thus creating a whole new group and then bringing the high rollers back later….more rake is better to get rid of the ev nits. We’ve heard this argument before and it’s not as crazy as people say it it
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Of course I support congresswoman Titus in her efforts but I don’t think the bill will be amended this year.
I’m just guessing, but I’ve asked many peers about their plans going forward, so here’s how I see it playing out for different types of poker players next year 👇
Dina Titus@repdinatitus
Earlier this year the BS Budget Bill reduced the tax deduction for gambling losses to 90%. In response, I introduced the FAIR BET Act to restore the commonsense 100% tax deduction to protect professional and recreational gamblers. I was the first in Congress to introduce this fix and haven’t stopped garnering support from members and stakeholders since. In fact, the #FAIRBETAct has up to 21 bipartisan co-sponsors with @RepEzell most recently joining! It is now critical for @WaysandMeansGOP to add this bill to the legislative calendar before the year ends. We must get this fixed.
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@AaronCovington @DavidKayePoker It incentivizes you to not play at all. I will probably just play the Wsop main next year
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@DavidKayePoker Yeah It incentivizes you to do crazy gambles and shot takes if you are up small or around break even. Definitely a terrible environment for someone trying to be in poker for the long run and operate like a business.
GIF
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If the 2026 Gambling Tax change is not repealed, I will not be playing online poker next year.
Scenario:
Wins: $2,100,000
Losses: $2,000,000
Income: $100,000
Wins: $2,100,000
Losses (90%): $1,800,000
Taxable Income: $300,000
How can you tax Americans on money we didn't earn!?
Dina Titus@repdinatitus
Earlier this year the BS Budget Bill reduced the tax deduction for gambling losses to 90%. In response, I introduced the FAIR BET Act to restore the commonsense 100% tax deduction to protect professional and recreational gamblers. I was the first in Congress to introduce this fix and haven’t stopped garnering support from members and stakeholders since. In fact, the #FAIRBETAct has up to 21 bipartisan co-sponsors with @RepEzell most recently joining! It is now critical for @WaysandMeansGOP to add this bill to the legislative calendar before the year ends. We must get this fixed.
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This is HUGE for @HCLPokerShow fans 🔥
Will Keating have over 70 VPIP?
Will Airball be the biggest winner?
Will Kabrhel be the biggest loser?
So much to bet on, get in now 🦾
Just click the links below or go to @Polymarket and search Million Dollar Marathon
Hustler Casino Live@HCLPokerShow
You can now bet on the Million Dollar Marathon on @Polymarket!! Keating over/under 70% VPIP: polymarket.com/event/hcl-mill… Biggest winner: polymarket.com/event/poker-hc… Biggest loser: polymarket.com/event/poker-hc…
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@Sdavies22 Are you going to have to retire from MTT next year with tax laws? General thoughts on this?
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I'm about to play the highest stakes poker trip of my life, AMA.
WSOP Bahamas has more high-stakes buyins than any series I've ever played. I'll be posting daily updates about the ups and downs right here. Follow along for the sweat. Ask me anything in the replies right here.
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@FarazJaka @JPReilly15 You gotta at least get rid of the em dashes
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I run almost everything I write through AI or grammarly for cleaner grammar and clarity. If you’re not utilizing AI, you’re gonna fall behind. It’s like refusing to embrace the internet 20 years ago.
Big difference between people who write their own ideas and use AI to clean it up… vs people who have AI write the ideas for them.
Don’t lump all AI use into the same bucket or you’re not seeing the forest for the trees.
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Poker Twitter has been rough lately. A lot of negativity, and most of it gets amplified because a few big accounts drive the tone. It can feel like one person can’t change anything, but that’s just not true.
If you want this space to feel more supportive, there is something small but powerful you can do:
When someone posts something that helps you, inspires you, or makes you think… tell them.
Reply. Quote-tweet. DM. Say it in person. Whatever.
Positive feedback doesn’t travel on its own — you have to push it.
Negativity hits the algo harder, but the truth is, there are way more positive people and meaningful things happening in poker than the timeline suggests. They just don’t get the same spotlight.
And here’s the part most people don’t realize:
Even the people doing great work — the ones you’d assume are confident — deal with self-doubt. Social media makes the loudest critics look like the majority.
A simple “hey, this helped me” or “I appreciate what you do” goes further than you think. It keeps people motivated and shines a light on what they are doing. It keeps good ideas alive. And it pushes the culture in the direction we all say we want.
Be the person who pushes the good stuff forward. It compounds.
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@Omniboss2 @berkey11 They stole millions from the players by rugging SNE. They only paid back players as part of a deal with the DOJ to be allowed to buy the company
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Not to over state the obvious, but what prestige? Every operator in this space has historically put bottom line first, players second. We continue to show up in droves bc where there's rec $ there's win rate.
Name a single operator in this space associated with prestige.
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Pork tenderloin, mac n chz, stuffing, and handpays. Happy Thanksgiving!
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@padspoker Can someone explain how to get a ticket to the Main for 80% cost?
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Next week 1500 people will go to the Bahamas to play a $60m gte tournament. Everybody who goes either got in cheap through a satellite or bought a ticket at 80% value. It really won’t get better than this. The main event is up. Online numbers are up. Millionaires created are up.
Patrick Leonard 🫡@padspoker
People talk about poker being in decline, but let’s not get this wrong. This is the glory years. Sure FTP used to give people who FTd the main millions, but the average Joe can make a twitter account and get $30k Bahamas packages a lot easier than grinding it up “back in the day” People will look back at how much value sites are giving rn and be like “wow”. When that all dries up, we will be in a decline. There’s infinite value being given in every direction rn and games get bigger every year. Don’t let one bad documentary create a false narrative. We’re more than good.
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@abemurray @johnohallman Yeah, We'll be farming "artificially" grown humans for their body parts within a couple decades, and they'll have no rights since they have no family or attachments. They will be wholly owned by either corporations or the government.
Sounds wonderful.
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Pregnancy is an insane cost on women and humanity. Progress on artificial wombs is as close to objective good as you’ll get in science and the hate that this technology is receiving is baffling
MAVERICK X@MAVERIC68078049
An artificial womb that successfully grew a baby lamb This is disturbing on so many levels and giving me the Matrix movie vibes.. We are finally at the stage where we are playing God now & the next thing you know we will be heading into a large scale human clone production.
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