I saw a guy getting hand paid on those roulette machines. Why would you bet enough so that you'd have to pay taxes on a nice hit when if you played on table you'd be tax free?!
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I saw a guy getting hand paid on those roulette machines. Why would you bet enough so that you'd have to pay taxes on a nice hit when if you played on table you'd be tax free?!
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That's kind of why I play them. I rarely do and usually it's just small bets to kill time - like when I'm traveling and I want to hang out in the casino but I'm tired of losing on slots and don't have the mental energy for VP.
Honestly though it never occurred to me that if I actually bet enough and won big that it'd be a taxable handpay vs. no taxes if I won it on a regular table. Which kind of urks me because I'm usually superconscious about that since where I live I have to pay state and local income tax on all handpays and can't deduct losses. I bet the person you saw never thought of it either.
Everybody plays "their" certain machine at "their certain strategy.
Oh, and hand pays aren't that difficult to write off.