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speaking of the gents in dc

  
 
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worldbeater03
Old 07-12-2005, 08:09 PM     Post subject: speaking of the gents in dc #1 (permalink)  
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Guys, I agree with a lot of whats been said on this site, but i'm new to the world of online gaming. I have been playing in the backwoods card games where bookies and numbers runners played with all cash. Cash is and was a lot easier to hide from the government. I moved and all my live action is now pretty much gone. How do you deal with the irs, or do they ever bother you guys. What I mean is, isn't all this stuff a lot more easily traceable through the bank accounts. Let me know what I need to do since i find myself meeting a lot of very generous fish.
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storm75m
Old 07-12-2005, 08:20 PM #2 (permalink)  
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"I won all this money online, then went to my nearest casino and lost it all... so sorry, no income, no taxes." No need to be paranoid, no one will go through your bank account unless they have huge reason to... and please tell me where to meet these generous fish please thank you.
Lack of Discipline and Over-Confidence... The root of all poker evil.
 
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worldbeater03
Old 07-12-2005, 08:50 PM #3 (permalink)  
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well, like i said i just started, but the mid range 5/10 game at pp seems pretty loose, and i am by nature a tighter player. I just got my first deposit back into my bank account. I wanted to wait for that until i started playing more. Now I will start my bankroll officially. I am starting with $500. I plan to play in some of the sng's as well.
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storm75m
Old 07-12-2005, 08:59 PM #4 (permalink)  
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Quote:
Originally Posted by worldbeater03
well, like i said i just started, but the mid range 5/10 game at pp seems pretty loose, and i am by nature a tighter player. I just got my first deposit back into my bank account. I wanted to wait for that until i started playing more. Now I will start my bankroll officially. I am starting with $500. I plan to play in some of the sng's as well.
Yep, pp is the way to go for the fishies... Check out a thread in here somewhere about Bankroll Management, golden stuff. Playing 5/10 with a $500 roll is a little risky. If you just started, it's better to start lower, just to make sure you NEVER go broke and have to start over again.
Lack of Discipline and Over-Confidence... The root of all poker evil.
 
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JeffreyGB
Old 07-13-2005, 02:50 AM #5 (permalink)  
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Recommended BR for 5/10 is a minimum of $3000. Unless you want to redeposit, you're asking for trouble from variance playing 5/10 with only $500. Best off to drop to 1/2 or be ready to put more back in.
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Check out strategy videos at GrinderSchool.com, from $10 / month.
 
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