[vpFREE] math/tax opinion on 50¢ RF wanted

 

hi there,

I've rolled around an idea for some time now and would be interested in hearing any informed opinion...

if you play a 25¢ VP game, the standard royal flush payout is $1,000 which is all well and good.  and although this should be reported as income, it doesn't generate you a W-2G by default.

if you play a 50¢ game, the RF will earn you $2,000 AND a W2-G (for crossing that magic $1999 line).

I'm not sure what the exact math numbers are in this situation, but it seems like if you're playing something like FPDW or 10/7 DB, the tax burden generated by playing that extra quarter credit may be enough to negate the miniscule positive edge you have in those games ... if true, it seems like you're mathematically better off (at least from an expectation point-of-view) to stick with the quarters and not play the Kennedy halves...

or is there another nuance here that I'm missing?
m.

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Posted by: m h <kickboyface@yahoo.com>
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