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Old 08-31-2008, 02:01 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Quote:
Originally Posted by DogsUp
I think someone bet $500k to show. That person(s) made $25,000 in less than 2 minutes. I don't think that is a bad days work at all. And it is all tax free. I think anyone would take 5% return on their investment.
technically it isn't tax free, you are suppose to report all gambling winnings, which are then set off by all losses
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