Re: [vpFREE] Re: Ohio gambling tax considerations

 

<<Yes, in Cincinnati. City is 3%, I can't recall what the state was. And yes, they automatically take out city and state. If you also have them withhold the 20% federal, it ends up being almost 40% of your win between the three.>>

Are you sure of this 3% – I had previous info saying it was 2.1%. Could you check your W2-G?
------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm

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[vpFREE] Re: Ohio gambling tax considerations

 

The maximum Ohio tax rate is 6% on income OVER $200K. And Ohio now allows gambling loss to offset gambling wins. Why in the world you would have them hold almost 40% is beyond me.

--- In vpFREE@yahoogroups.com, "tangboy5000" <tangboy5000@...> wrote:
>
> Yes, in Cincinnati. City is 3%, I can't recall what the state was. And yes, they automatically take out city and state. If you also have them withhold the 20% federal, it ends up being almost 40% of your win between the three.
>
> --- In vpFREE@yahoogroups.com, "Queen of Comps" <queenofcomps@> wrote:
> >
> > <<Yes they take out state taxes right away, and give you the choice to have 20% taken out for federal taxes. The big difference when gambling in Ohio that people should be aware of is that: If you owe back taxes to the state of Ohio or the feds; or if you are behind on child support or owe any money to the state of Ohio they will deduct it from your W2G generated winnings and give you the difference, if any at all. >>
> >
> > Was this in Cincinnati? Did they take out both state and city taxes? Do you know the % of each or the total?
> >
> > ------------------------------------------
> > Jean $¢ott, Frugal Gambler
> > http://queenofcomps.com/
> > You can read my blog at
> > http://jscott.lvablog.com/
> >
> >
> > [Non-text portions of this message have been removed]
> >
>

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RE: [vpFREE] Who The Real Sicko Gamblers Are

 

Best post ever

-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com] On Behalf Of
Mickey
Sent: Saturday, May 11, 2013 12:03 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Who The Real Sicko Gamblers Are

I've been taking some major heat these last few days for my defense of Bob
and his divorce situation. It won't take you much imagination at all to
figure out who the culprit is. According to him Bob and me are bigtime
sick, pathetic, degenerate gamblig addicts who only lie to ourselves about
holding advantages. I personally don't think I'm all that bad when it comes
to so called sicko advantage gamblers. I mean, I just play a few low-denom
machines around here and there for no more than 25 or thirty hours a week.
If you want to know who the real bigtime sicko gamblers on the planet are
I'll name one for you....STEVE WYNN.

The dude must have lost his lunch money pitching pennies in grade school and
he's still trying to get back even. I mean, the man has spent billions
building properties in Las Vegas and challenging every gambler in the world
to come gamble with him. That's a pretty sick gambler in my opinion. The
guy can't get enough action.

I just play a few machines here and there. But that sicko Wynn plays
everything. Craps, Blackjack, roulette, keno, you name it, he plays it.
And he pays hundreds of employee's good salaries to keep his money in
action. I mean dude covers multi-millions of dollars in bets every day. And
he does it 24-7-365. He's even gambling when he's sleeping. What a sick
perverted gambling addict.

And Las Vegas was not even enough to satiate his sick, pathetic addiction to
gambling. He goes to Macau and builds a big joint. This sick, depraved man
just can't get enough action.

And he calls himself an advantage gambler. Hah! He probably read some book
years ago by some sheister guru gambling writer talkin' about "do it this
way and it's a sure win." That idiot Wynn should know that the only people
makin' the gamblin' money are the ones selling those phony gambling books.
That phony B.S. got started by those two perverted, psychotic French
mathematicians, what's their names, oh yeah, Pascal and Fermat, puttin' down
that probability theory gibberish 450 years ago. Idiots, including Steve
Wynn, have been falling for that crap ever since. Quit fooling yourself,
Wynn. That advantage gambling crap doesn't work. You'll go broke sure as
hell when your credit lines dry up.

Sheldon Adelson and Kirk Kerkorian are just as bad. Thank God Jackie
Gaughan and Jack Binion finally found the good sense to quit trying to be
advantage gamblers. You know, the word on the street is they had to quit
because they went broke. Hopefully, they've sought treatment for their
gambling addictions.

------------------------------------

vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm

Yahoo! Groups Links

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[vpFREE] Re: Ohio gambling tax considerations

 

Yes, in Cincinnati. City is 3%, I can't recall what the state was. And yes, they automatically take out city and state. If you also have them withhold the 20% federal, it ends up being almost 40% of your win between the three.

--- In vpFREE@yahoogroups.com, "Queen of Comps" <queenofcomps@...> wrote:
>
> <<Yes they take out state taxes right away, and give you the choice to have 20% taken out for federal taxes. The big difference when gambling in Ohio that people should be aware of is that: If you owe back taxes to the state of Ohio or the feds; or if you are behind on child support or owe any money to the state of Ohio they will deduct it from your W2G generated winnings and give you the difference, if any at all. >>
>
> Was this in Cincinnati? Did they take out both state and city taxes? Do you know the % of each or the total?
>
> ------------------------------------------
> Jean $¢ott, Frugal Gambler
> http://queenofcomps.com/
> You can read my blog at
> http://jscott.lvablog.com/
>
>
> [Non-text portions of this message have been removed]
>

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[vpFREE] Re: Who The Real Sicko Gamblers Are

 

A very talented blend of three annoying threads. Now who do I have to sleep with to get on the ACVP group?

--- In vpFREE@yahoogroups.com, "Mickey" <mickeycrimm@...> wrote:
>
> I've been taking some major heat these last few days for my defense of Bob and his divorce situation. It won't take you much imagination at all to figure out who the culprit is. According to him Bob and me are bigtime sick, pathetic, degenerate gamblig addicts who only lie to ourselves about holding advantages. I personally don't think I'm all that bad when it comes to so called sicko advantage gamblers. I mean, I just play a few low-denom machines around here and there for no more than 25 or thirty hours a week. If you want to know who the real bigtime sicko gamblers on the planet are I'll name one for you....STEVE WYNN.
>
> The dude must have lost his lunch money pitching pennies in grade school and he's still trying to get back even. I mean, the man has spent billions building properties in Las Vegas and challenging every gambler in the world to come gamble with him. That's a pretty sick gambler in my opinion. The guy can't get enough action.
>
> I just play a few machines here and there. But that sicko Wynn plays everything. Craps, Blackjack, roulette, keno, you name it, he plays it. And he pays hundreds of employee's good salaries to keep his money in action. I mean dude covers multi-millions of dollars in bets every day. And he does it 24-7-365. He's even gambling when he's sleeping. What a sick perverted gambling addict.
>
> And Las Vegas was not even enough to satiate his sick, pathetic addiction to gambling. He goes to Macau and builds a big joint. This sick, depraved man just can't get enough action.
>
> And he calls himself an advantage gambler. Hah! He probably read some book years ago by some sheister guru gambling writer talkin' about "do it this way and it's a sure win." That idiot Wynn should know that the only people makin' the gamblin' money are the ones selling those phony gambling books. That phony B.S. got started by those two perverted, psychotic French mathematicians, what's their names, oh yeah, Pascal and Fermat, puttin' down that probability theory gibberish 450 years ago. Idiots, including Steve Wynn, have been falling for that crap ever since. Quit fooling yourself, Wynn. That advantage gambling crap doesn't work. You'll go broke sure as hell when your credit lines dry up.
>
> Sheldon Adelson and Kirk Kerkorian are just as bad. Thank God Jackie Gaughan and Jack Binion finally found the good sense to quit trying to be advantage gamblers. You know, the word on the street is they had to quit because they went broke. Hopefully, they've sought treatment for their gambling addictions.
>

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Re: [vpFREE] Re: Ohio gambling tax considerations

 

<<Yes they take out state taxes right away, and give you the choice to have 20% taken out for federal taxes. The big difference when gambling in Ohio that people should be aware of is that: If you owe back taxes to the state of Ohio or the feds; or if you are behind on child support or owe any money to the state of Ohio they will deduct it from your W2G generated winnings and give you the difference, if any at all. >>

Was this in Cincinnati? Did they take out both state and city taxes? Do you know the % of each or the total?

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

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Re: [vpFREE] Ohio gambling tax considerations

 

<<I won a jackpot in Cleveland , I live in New York State and they
informed me that they had to take out 6%>>

Thanx for this information from Cleveland casino. Now – anyone hit a taxable jackpot in the other 3 cities? Resident or non-resident? Which city?

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

-----Original Message-----
From: Queen of Comps

Now that all 4 Ohio casinos are open, I will be updating the information in my tax book. I need some input from players with personal experiences in those casinos since I am not finding complete information online. Here is some of the information I have gathered, but would appreciate any corrections or additional details.

As of January 1, 2013, Ohio residents got a new state tax break they did not have previously, deducting gambling losses from gambling wins like the federal allows.

I believe the following CITY tax rates are correct but would appreciate any additional information:

Columbus: 2.5% applies to both city residents (both for winnings inside and outside of the city, i.e., in Las Vegas) and to non-residents who hit a W-2G jackpot in the Columbus casino. A quirk here is that this city tax goes contrary to the new state tax break and does not allow deduction of losses for residents or non-residents unless they are professional gamblers. http://www.taxandcontroversy.com/2013/01/gambling-income-in-the-city-of-columbus-ohio-is-now-taxable.html

Cleveland: 2% only on residents

Cincinnati: 2.1% on residents and non-residents

Toledo: 2.25% with a $2500 exemption that is claimed by filing a Toledo City tax return

I believe Ohio does NOT take out STATE taxes at the time you are paid a W-2G jackpot, correct? However, do all or some of the above 4 cities take out the CITY tax at that time? I think I read that Toledo and Columbus withhold city taxes but not sure about the other two.

TIA for any input!

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[vpFREE] Re: Check out DailyTech - Man May be Sent to Prison for Exploiting F

 

Many years ago we played at Mohegan Sun Casino on $1 video poker. Back then
they used tokens before the TITO technology. When I cashed out, more coins
fell into the hopper than I had credits on the machine.

Should I have sought out a slot attendant & asked her/him to please place
the extra coins back into the machine?

I didn't realize I was committing a criminal act. I hope the statute of
limitations has expired. LOL

From Bob B.

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Re: [vpFREE] Re: Tipping Casino Hosts

 

<<Jean, I really love Brad. He's a sucker for every panhandler that comes down the street. So am I. >>

And this is one of the big reasons I love him. He – and you, Mickey – have tender hearts and a sweet spirit. Those elements make a very good person!!!

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

From: Mickey
Sent: Saturday, May 11, 2013 1:40 AM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: Tipping Casino Hosts

--- In mailto:vpFREE%40yahoogroups.com, "Queen of Comps" <queenofcomps@...> wrote:
>
> Actually most casinos have rules about tipping and hosts. A few do not
> allow their hosts to accept tips at all. Many have a monetary limit.
> However, hosts all over the US mostly routinely "break the rules" in this
> area. In all our almost-30 years of gambling we have never had a host refuse
> a tip except one (from NYNY) who said she was limited to $75 when we gave
> her $100. We solved that problem by Brad and I each giving her $50
> separately.
>
> Brad and I probably routinely "break the rules" because we don't ask what
> the rules are. We just make friends with our hosts and give generous gifts
> to them when they go out of their way to serve us. We are generous to
> everyone that way - especially Brad is. When he is out of Vegas, he still
> wants to tip everyone who does anything for him.
>
> Tips never "cost" us - we always get back much more than we give. Cast thy
> bread upon the waters...and you reap smiles, friendships...and yes even
> monetary benefits. We just can't help that!!!! It is really hard to give
> more than you receive!
>
>
Jean, I really love Brad. He's a sucker for every panhandler that comes down the street. So am I.

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[vpFREE] Who The Real Sicko Gamblers Are

 

I've been taking some major heat these last few days for my defense of Bob and his divorce situation. It won't take you much imagination at all to figure out who the culprit is. According to him Bob and me are bigtime sick, pathetic, degenerate gamblig addicts who only lie to ourselves about holding advantages. I personally don't think I'm all that bad when it comes to so called sicko advantage gamblers. I mean, I just play a few low-denom machines around here and there for no more than 25 or thirty hours a week. If you want to know who the real bigtime sicko gamblers on the planet are I'll name one for you....STEVE WYNN.

The dude must have lost his lunch money pitching pennies in grade school and he's still trying to get back even. I mean, the man has spent billions building properties in Las Vegas and challenging every gambler in the world to come gamble with him. That's a pretty sick gambler in my opinion. The guy can't get enough action.

I just play a few machines here and there. But that sicko Wynn plays everything. Craps, Blackjack, roulette, keno, you name it, he plays it. And he pays hundreds of employee's good salaries to keep his money in action. I mean dude covers multi-millions of dollars in bets every day. And he does it 24-7-365. He's even gambling when he's sleeping. What a sick perverted gambling addict.

And Las Vegas was not even enough to satiate his sick, pathetic addiction to gambling. He goes to Macau and builds a big joint. This sick, depraved man just can't get enough action.

And he calls himself an advantage gambler. Hah! He probably read some book years ago by some sheister guru gambling writer talkin' about "do it this way and it's a sure win." That idiot Wynn should know that the only people makin' the gamblin' money are the ones selling those phony gambling books. That phony B.S. got started by those two perverted, psychotic French mathematicians, what's their names, oh yeah, Pascal and Fermat, puttin' down that probability theory gibberish 450 years ago. Idiots, including Steve Wynn, have been falling for that crap ever since. Quit fooling yourself, Wynn. That advantage gambling crap doesn't work. You'll go broke sure as hell when your credit lines dry up.

Sheldon Adelson and Kirk Kerkorian are just as bad. Thank God Jackie Gaughan and Jack Binion finally found the good sense to quit trying to be advantage gamblers. You know, the word on the street is they had to quit because they went broke. Hopefully, they've sought treatment for their gambling addictions.

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Re: [vpFREE] Re: Tipping Casino Hosts

 

At MGM and Caesar properties it does wonders at getting video poker players free play and tournament offers not sent by marketing. Usually how it works is that a host will pick out a high denomination video poker player and tell them that they can get them into an event. During the event the host will hover over the player, kind of like a slot attendant after making a hand pay. No matter how much action the player gives the casino during the event, there will be no similar future offers unless the player shows their appreciation with a bribe, I mean tip. I won't do it myself because it feels too dirty, but I guess the hosts are taking the biggest risk with their jobs.

Sent from my iPad

On May 10, 2013, at 7:14 PM, "rob.singer1111@yahoo.com" <rob.singer1111@yahoo.com> wrote:

> Why would anybody tip a host when their primary job is to get their customers to empty their pockets, under the guise of well-placed words, smiles, and a reel 'em in gesture every now & then? I've never seen one open their wallet and tip the customer after coming in, losing thousands, and helping to keep their job secure.
> _,_._,___

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[vpFREE] Re: Advice for list psychics

 

I'm surprised nobody seems to know this bit of trivia.

On Fri, May 10, 2013 at 9:42 AM, Gregory Bart Jr. <broncosaurus@gmail.com>wrote:

> Assuming you know your first card in a NSUD game will be a deuce, what is
> your edge?
> How about a 7/8/9? An A or 3?
>

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