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Tax Deduction for Gambling or Wagering Losses - Lawyers.com If you gamble, you may be able to save some money at tax time by taking the deduction for gambling or wagering losses. Why all gamblers lose (from slots to poker)

The casino industry's most popular loyalty program! Exclusive Member Discounts & Offers on Hotels & More Earn & redeem rewards for hotel stays, dining, shopping & more Bad beat - Wikipedia In poker, bad beat is a subjective term for a hand in which a player with what appear to be strong cards nevertheless loses. ... This article needs additional citations for verification. Please help ... In the films The Cincinnati Kid and Casino Royale, The Kid and Le Chiffre each lose with a full house to a straight flush. In this ... Dealing With Losing at Poker | PokerNews Feb 19, 2015 ... Losing is an important part of poker. Think about it, if nobody lost a hand then nobody could win. The sooner you start to accept that you are not ...

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Unlike table games and keno, video poker losses reported via W-2G forms only cannot be written off as deductions against wins. In other words, as the video poker hand pays pile up - along with the taxes applied to them - the times you lost don't come into play.

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