Gambling and taxes

[tector]

Originally Posted by Port Conway Lane

I don't think someone who believes that the future bet is a "sucker bet" is either a bozo or idiot. If someone took a poll my guess would be that more people would vote yes than no.

When someone makes a future bet they are betting the horse will make it to the gate. If I had the means to easily "convert" the wager I may take a shot. I'm wondering why you didn't convert that ticket when you had a chance.

You really have to ask this question?

JFC. Let me guess--you want to chop when a poker tournament gets down to the final table, even when you have the chip lead?

[Port Conway Lane]

Originally Posted by tector

You really have to ask this question?

JFC. Let me guess--you want to chop when a poker tournament gets down to the final table, even when you have the chip lead?

You had a good one. He may have been 1-1 post time and you could have easily doubled your investment after he won the FOY and close to 5-1 after he won the Wood had you sold 50%.

The poker analogy is laughable. You could have kept half the chips you were holding and still cashed in on your initial investment while the bad beat was waiting for you. Besides, in a poker game you're dealing with far less variables.

[tector]

Stop already. You are embarrassing yourself. Publicly masturbate elsewhere.