I feel sorry for the Americans!

[RED-DOG]

btw Brian, I liked your interview on poker 425

[Harry Demetriou]

I can't seem to find the exact wording in the tax laws but the laymans version doesn't mention anything about sole income BUT.......

Two friends, one a professional poker player and the other a professional sports bettor approached the inland revenue in the past 2 years and they were specifically told that they had to have alternative incomes.

However this whole argument about whether gambling winnings should be taxable is a tricky one. As income there is no reason for it not to be taxed and we are FORTUNATE in the UK that it is not taxed as most other places do tax it whilst many countries do not have legislation that specifically cover it.

However to those that advocate that gambling winnings should be taxed I would say this.

If you are going to tax gambling winnings then you will have to allow losses to be offset against those winnings in any tax year. If you are going to do that then you will also have to allow Joe Average who goes into his local bookies and loses £20 a week to offset his £1000 per year losses against his other income tax thorugh his normal daytime job. To not permit this would be to make a law that discriminates eg Tax only men and not women as you would be saying that gambling is not taxable and only winning gambling is taxable and there would be very strong legal argument for anyone to offset any gambling losses against any form of income tax. As most lose then the net result is a massive deficit for the Inland Revenue and the government.

I'll still keep searching for the specific wording in the tax laws.

[wsopin07]

btw Brian, I liked your interview on poker 425

I dont get poker 425 here in sunny Florida, I will take your word on it

[tikay]

It was the interview we did in your suite at The Rio, Brian. Good stuff. Poker 425 will put the interview up on Windows Media Plsyer & Real Player in a few days, & I'll post you a link.

By the way, Brian has agreed to write some strategy articles for us (that should be a laugh!) and some American Tournament Reports, should be worth a read. So nag him guys, to make sure he does.

Finally....Brian is a BIG friend of blonde. When he's over here in October for the William Hill Grand Prix, we hope to get him out and about to some of the Regional Casinos, Notts, Walall, etc, so you guys can meet the great man, & maybe play a little heads-up with him. He really is an extraordinary character.

[TightEnd]

bring Brian to a Friday in Luton please Tony

although Tuesday's rookie night might be more his style

[AdamM]

man, we have to get Brian to a tuesday night beginners night at the Notts Gala. I'll give him that HU rematch he's beggin for (double or quits with the bracelette as a sweetner?)

[TightEnd]

i asked first...


everyone else is re-raising with 74 off, I'd like to see him in it too

[wsopin07]

sounds like alot of fun, see ya in Oct

[TightEnd]

crikey, is he telepathic?

[AdamM]

only just, ok what about the sunday afternoon £30 freeze (starting this sunday) followed by the £50 rebuy in the evening.
slot the HU game in between.

[AdamM]

crikey, is he telepathic?

no, or he'd have passed his top pair no kicker to my check raise

[wsopin07]

I will leave the scheduling to Tikay, I just show up and play