Poker winnings tax free..?

[happy_2008]

Playing online i dont think i have the guts to play £100. Just doesnt seem right

 

[RossGReds]

Of course it's attractive. Until you blow all of your cash. Very few people can afford to play professionally.

Anyone can afford to play professionally if they are good enough. And I know loads of people that play professionally but they probably don't make much more than minimum wage.

It's tax fee in the UK but places like the states tax winning players for about 30% of the money they make. Places like Sweden also tax you (If you are playing on a non EU site) but they do it in an absurd way in that you have to calculate the tax you need to pay on every hand you win individually.

 

[Pighardia]

I've been playing the full tilt

played on full-tilt a few years ago. Deposited £50, played a few tourneys, ended up second place in one, winning about £350, built up to £500 and decided to withdraw £400. Took me around 3-4 months to get my money

It's 4 button presses to deposit money into the account, but forms and forms of information and scanning personal documents to withdraw it
Apparantly, it's easier for Americans though.
Pity, asi thought the full-tilt tournaments were relatively easy, and you often see the pro's playing

 

[chalkyman]

no one take this guys advice ^^^^ he is a nit playing without brm. and can't read people online loooooool, he knows nothing about poker, i've been playing 4 years and you most certainly can read people online.

 

[AJK]

Nearly a three-year old topic, new dude. Bad form.

 

[asim18]

no one take this guys advice ^^^^ he is a nit playing without brm. and can't read people online loooooool, he knows nothing about poker, i've been playing 4 years and you most certainly can read people online.

I can also usually read people online, except when they don't use capital letters to start sentences. You have a good poker-face I must say.

 

[Elixir]

no one take this guys advice ^^^^ he is a nit playing without brm. and can't read people online loooooool, he knows nothing about poker, i've been playing 4 years and you most certainly can read people online.

A 5 year wait to make this first post. Well worth it, 10/10.

 

[~Divine~Wind~]

A 5 year wait to make this first post. Well worth it, 10/10.

C'mon dude hes been busy reading people, no time to post

 

[Metalface Mark]

no one take this guys advice ^^^^ he is a nit playing without brm. and can't read people online loooooool, he knows nothing about poker, i've been playing 4 years and you most certainly can read people online.

gotta love poker snobs

 

[Theophany]

A 5 year wait to make this first post. Well worth it, 10/10.

 

[pitchfork]

Tax free but still income, you can't be a professional poker player and on the dole.

 

[Showboat]

A 5 year wait to make this first post. Well worth it, 10/10.

Excellent spot!

My brother does this as a job, and always has the best of stuff, pretty crap life if you ask me, sitting up to the small hours of the morning with 4 monitors going....

 

[kindai]

gotta love poker snobs

 

[MooMoo444]

A 5 year wait to make this first post. Well worth it, 10/10.

More likely than not he had his postcount reset for posting garbage.

Seems to have not learnt the lesson.