Shagatola wrote: "I don't think #3 applies."
I now think I have to concede that point.
#3 should be: Do you think you can avoid taking a tax loss? This is important because a tax loss on gambling can not legally be carried forward or backward, meaning it results in a reduction in the edge you thought you had which means you're taking more bankroll risk than you thought you were, possibly even crossing over into actual bankroll loss. The concept of Nzero is one way to address this issue, another would be Dunbar's risk analyzer. It can become very complex.
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Posted by: nightoftheiguana2000@yahoo.com
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