I.R.S at O.T.B

hue21998hue21998 Banned
edited June 2009 in Horse Racing Forum
Ran down to OTB to change a couple tickets and pick up a form for tommorrow. My inside contact there told me the IRS stopped in today and took out 3 10 percenters. One of them, on state aid was dumb enough to use his points card when cashing tickets. Another was illegal I heard they were also contacting immigrations. :nono::nono:

Comments

  • DiscreetCatDiscreetCat Moderator
    edited June 2009
    Your new avatar made me think of this...........LOL

    South Park Episode Player - Cartman Gets an Anal Probe
  • hue21998hue21998 Banned
    edited June 2009
    hahahaha, good thing the avitar is going after today LOL
  • edited June 2009
    Hue................every O.t.b. Has Numerous Signers They Must Have Pissed One Of The Employees Off Or Forgot To Tip The Tellers Or Manager...........good Job For Dunco..........i Heard He Is Familiar With Those I.r.s. People...
  • hue21998hue21998 Banned
    edited June 2009
    I think the prob is one of em was a real loudmouth which probally made the facility look bad. I got in good at the otb from tipping the tellers whenever i can and also once one of the ladies was short $100 in her check cause their mistakes are deducted. she was telling me about it and the race that went off while we were talking hit for 325.00. I gave her the $100 and said there your even. she almost fell over backwards. That $100 got me more free food, drinks and bets in at the wire even with lines than ya know. All the tellers there knew i cared about em and appreciated what they do for me.
  • edited June 2009
    Thats A Good Job I Do The Same At My Turf Clubs I Have Two Favorite Tellers Who Are Real Pros 20 Years And They Dont Punch Mistakes Out.......i Bring Them Lunch Once In A While And They Get Duked Well.........
  • DUNCODUNCO Banned
    edited June 2009
    Just To Let Everybody Know Man Of Action ..thru It Loan Division Will Cash Your Ticker For 9% Donation ...we Are A Made In America Co. The Money Goes To Plant New Turf & Catnip Outside The Bosses House......
  • edited June 2009
    When Will You Pull Turfmans Date Down............i Hope Its Not When He Gets A Winner.......seems Like Were Stuck............
  • DiscreetCatDiscreetCat Moderator
    edited June 2009
    Isn't there some kind of surcharge on win payouts at OTB's?
  • edited June 2009
    Cat............believe It Or Not In The Year 2009 New York O.t.b. Charge 6 Percent And Get Idiots To Actually Bet With Them....imagine That Grind The Track Takes 15 Percent Off The Win/place/show Mutual Then O.t.b. Gets 6 Additional Percent........no Guy Making A Living Could Overcome That Vig....the Loophole Is If You Maintain A Balance Of $300.00 In Your Account In Newyork You Get Track Odds And The 6 Percent O.t.b. Is Waived............i No Of No Other States Taking A Cut Only Newyork..........hue Will No Ct...law
  • hue21998hue21998 Banned
    edited June 2009
    no cut in connecticut
  • winparlaywinparlay Junior Member
    edited June 2009
    hue21998 wrote: »
    Ran down to OTB to change a couple tickets and pick up a form for tommorrow. My inside contact there told me the IRS stopped in today and took out 3 10 percenters. One of them, on state aid was dumb enough to use his points card when cashing tickets. Another was illegal I heard they were also contacting immigrations. :nono::nono:


    As someone who has been audited for gambling winnings after a pick 6 score I can tell you that dealing with the IRS on any level is a nightmare!
  • hue21998hue21998 Banned
    edited June 2009
    at least what i know is if a track payout shows say $4.00 win i get the $4.00
  • edited June 2009
    Winparlay...........i Also Have Been Audited By The I.r.s. And Thats Why Each And Evertime I Lay A Bet In The Past 10 Years Im Doing It With A Tracking Card.....when I Go On My Vegas Trips I Use My Turf Club Card Each And Every Time You Lay A Wager....i Want It Tracked Just For That Reason....in The Past 3 Years Since I Had To Move Back East I Bet 98 Percent Of The Time On My Computer Or With A Tiny Tim Betting Machine At My Turf Club That Way My Account Is Being Registered For Every Bet Laid..at The End Of The Year You Request A Yearly Win/loss Statement From Tracks And Casinos It Covers Your Ass And Stops Audits....the Law With Gambling At Tax Time Will Never Change ...your Losses Cannot Exceed Your Winnings...thats When Filing To Recoup Any Money They Held Of Yours For 1/2 The Year Or Longer....
  • winparlaywinparlay Junior Member
    edited June 2009
    GAMBLER911 wrote: »
    Winparlay...........i Also Have Been Audited By The I.r.s. And Thats Why Each And Evertime I Lay A Bet In The Past 10 Years Im Doing It With A Tracking Card.....when I Go On My Vegas Trips I Use My Turf Club Card Each And Every Time You Lay A Wager....i Want It Tracked Just For That Reason....in The Past 3 Years Since I Had To Move Back East I Bet 98 Percent Of The Time On My Computer Or With A Tiny Tim Betting Machine At My Turf Club That Way My Account Is Being Registered For Every Bet Laid..at The End Of The Year You Request A Yearly Win/loss Statement From Tracks And Casinos It Covers Your Ass And Stops Audits....the Law With Gambling At Tax Time Will Never Change ...your Losses Cannot Exceed Your Winnings...thats When Filing To Recoup Any Money They Held Of Yours For 1/2 The Year Or Longer....

    I ran into trouble from table games where either they didn't track my play properly or I played at a Casino without a card. According to their regulations they are supposed to accept a Journal or Day Book with all the won loss entries. Yeah right! Anyway I know most people who gamble haven't been audited and they have a many misconceptions as to what really happens. This discussion is good for everyone.
  • hue21998hue21998 Banned
    edited June 2009
    I havnt been audited but I have heard that just having old losing tickets doesnt count you have to have records.
  • DUNCODUNCO Banned
    edited June 2009
    I Love It When I See Numb-nuts Picking Up Tickets Up Off The Floor Because They Cashed A Big Tickets For Someone Else... And Think That All They Have To Do,,, ....hue Did Louie Take That Picture Of Turf And Mr Lost Vegas..on The Bridge ? Tell Him To Use The Zoom Lens..i Want To See This ...
  • winparlaywinparlay Junior Member
    edited June 2009
    hue21998 wrote: »
    I havnt been audited but I have heard that just having old losing tickets doesnt count you have to have records.

    Having the losing tickets count if they are organized by each day with a program. Having them all in a box mixed up won't get you too far. If the auditor is smart when he looks at the tickets he will look for time and machine number to see if the guy was in two or three places at once which is impossible. Of course some guys that know a teller can bet say $1000 to win and then cancel and get the cancelled ticket back. Of course if the auditor knows what a cancelled ticket looks like (mark on the bar code in Ca) then you're in trouble too. The best thing to do is keep accurate records and pay a reasonable amount.
  • DUNCODUNCO Banned
    edited June 2009
    Hue Did You Notice The Boss And Me Got Moved Up To Rep 3...
  • hue21998hue21998 Banned
    edited June 2009
    it must have been the change in pictures
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