Bob Dancer wrote: "Insofar as the 30% of W2G amount goes, yes that would require a loan to the US for a half-year on average --- but you get it back. It's a factor to consider bankroll-wise, but it doesn't have to be a showstopper. By the time your bankroll is getting small from this year's withholdings, you're getting your refund check from last year! In a way, it's a forced savings account.If the games were good enough (big if!), this could be managed easily enough".
You're missing the point Bob.
Your reasoning is fine for the occasional $4,000 royal, but if I were playing a $10 game, every quad or better would shrink my available bankroll.
ie - JB6-9, 900 hph, 8 hrs / day = approx 16 quads / day at (30% of $1,250) = $6,000 daily witholdings!
Add in SF and RF hits, or higher quad payouts (BDLX, DB, DDB) and it would shrink by $10k / day.
At that rate a week in Vegas would force me to loan the taxman $70,000.
Now run the numbers for a $100 video poker game. See what I mean?
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