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Search: Posts Made By: CPA
Forum: Small Stakes Hold'em 05-16-2005, 08:10 PM
Replies: 4
Views: 22
Posted By CPA
Re: AJo (Is this a river bet, or check through?)

Why didn't you raise the flop?
Forum: Small Stakes Hold'em 05-15-2005, 09:57 PM
Replies: 8
Views: 31
Posted By CPA
Re: Folding to River CR is fun !

That is what I needed to hear. I have been calling in these type of situations way too much.

Thanks.
Forum: Small Stakes Hold'em 05-15-2005, 09:13 PM
Replies: 8
Views: 31
Posted By CPA
Folding to River CR is fun !

Typical party table, but no reads on villian.

I just want a sanity check that a fold on the river is correct? Or, maybe even leading out on river was not a good thing ?? (Note: I would clearly...
Forum: Small Stakes Hold'em 05-14-2005, 10:06 PM
Replies: 14
Views: 58
Posted By CPA
Re: What is with the Turn Free Card?

I did check behind. However, this flop action has been happening to me too much lately and am finding that the local party folk are taking shots on the flop assuming you have overcards. I was...
Forum: Small Stakes Hold'em 05-14-2005, 09:55 PM
Replies: 14
Views: 58
Posted By CPA
What is with the Turn Free Card?

First hand at the table.

My attempt for the free card on the flop didn't go too well. But villian's check on the turn confused me. What would you do. Bet and fold to a check raise?


Party...
Forum: Internet Gambling 04-28-2005, 07:42 PM
Replies: 18
Views: 85
Posted By CPA
Re: Accountant Suggests S-Corp

Unfortunatly, the S Corp rules are not designed to save you on Self Employment Taxes.

There is a "Fair Wage" concept. What should a pro poker player of your skill make? While I don't know the...
Forum: Internet Gambling 04-28-2005, 06:56 PM
Replies: 18
Views: 85
Posted By CPA
Re: Accountant Suggests S-Corp

I think you should understand the reasons he is recommending an S Corporation. Why not an LLC?

He might be thinking about the Self Employment taxes (i.e. S Corp earnings are not subject to self...
Forum: Small Stakes Hold'em 04-22-2005, 08:33 PM
Replies: 10
Views: 44
Posted By CPA
Re: Fold an Overpair ??

Help me think this through:

I didn't raise the flop because of the highly coordinated board. I figured I would raise the turn when a safe card came. Of course, a raise wouldn't protect my hand....
Forum: Small Stakes Hold'em 04-22-2005, 08:09 PM
Replies: 10
Views: 44
Posted By CPA
Fold an Overpair ??

Just sat down at the table, so I don't have any reads.


Party Poker 2/4 Hold'em (8 handed) converter (http://www.selachian.com/tools/bisonconverter/hhconverter.cgi)

Preflop: Hero is UTG+1 with...
Forum: Small Stakes Hold'em 04-18-2005, 09:07 PM
Replies: 3
Views: 23
Posted By CPA
Re: AQ out of position...Turn Decision ??

I agree with this. This seems straightforward once you write it down.
Forum: Small Stakes Hold'em 04-18-2005, 08:45 PM
Replies: 3
Views: 23
Posted By CPA
AQ out of position...Turn Decision ??

Both BB and MP1 are marked as calling stations.

Party Poker 2/4 Hold'em (9 handed) converter (http://www.selachian.com/tools/bisonconverter/hhconverter.cgi)

Preflop: Hero is UTG with...
Forum: News, Views, and Gossip 04-04-2005, 01:12 PM
Replies: 12
Views: 122
Posted By CPA
Re: Vegas day 2 report: I can\'t beat the Magoos! (long)

Thanks for the report...especially since I will be at the MGM in a couple of days. From the sounds of it, you like the soft competition there ???
Forum: Small Stakes Hold'em 04-02-2005, 10:03 PM
Replies: 8
Views: 39
Posted By CPA
Re: AJo....how many ways did i butcher it?

Don't you need to know how aggressive the two players left in the hand are ?

FWIW, I don't usually go for a free card with that few outs (i.e. many tainted spade outs).
Forum: Brick and Mortar 04-02-2005, 09:23 PM
Replies: 2
Views: 80
Posted By CPA
Re: Vegas April 7 - 10, Anyone around?

I will be there Wed through Saturday playing at least 6 hrs a day at Aladdin. I will be playing $3/$6 or $4/$8 ring game.

Capone, deal me some good cards, would ya ???
Forum: Small Stakes Hold'em 03-31-2005, 09:52 PM
Replies: 6
Views: 32
Posted By CPA
Re: No Fun with QTs

Under your scenario....if you are three bet on the turn, would you fold the river unimproved ??
Forum: Small Stakes Hold'em 03-31-2005, 09:17 PM
Replies: 6
Views: 32
Posted By CPA
No Fun with QTs

Party Poker 2/4 Hold'em (8 handed) converter (http://www.selachian.com/tools/bisonconverter/hhconverter.cgi)

I unfortunately have no reads since I just sat down. Is there a fold in here somewhere...
Forum: Small Stakes Hold'em 03-28-2005, 09:38 PM
Replies: 2
Views: 19
Posted By CPA
Yuck....Misplayed AQs in sb ??

Party Poker 2/4 Hold'em (8 handed)
converter (http://www.selachian.com/tools/bisonconverter/hhconverter.cgi)

Both Villians are extremely loose passive....50% vpip, 1% raise preflop through 50...
Forum: Internet Gambling 02-25-2005, 02:31 PM
Replies: 7
Views: 28
Posted By CPA
Re: Anyone From Tampa? (OT)

Even though the Hard Rock is full of fish, the ceilings are low and they allow smoking. Playing there will certainly take years off your life.

Playing at the Dog and Horse tracks is not only good...
Forum: Internet Gambling 02-16-2005, 01:45 PM
Replies: 110
Views: 349
Posted By CPA
Re: IMPORTANT CONSIDERATION

[ QUOTE ]
First of all, thank you CPA for your posts...most informative.

Two things that I don't feel were emphasized enough though:

(1) In order to distinguish poker as a business instead of...
Forum: Internet Gambling 02-16-2005, 01:05 PM
Replies: 110
Views: 349
Posted By CPA
Re: Poker and Taxes....This is why there is so much confusion

[ QUOTE ]



Bob--I read the emails with the CPA narrative. He certainly seems knowledgeable but some of his conclusions do not agree with the gambling tax book. The issue of how to define a...
Forum: Internet Gambling 02-16-2005, 09:12 AM
Replies: 110
Views: 349
Posted By CPA
Re: Poker and Taxes....This is why there is so much confusion

I am getting several PM'sn regarding if people are "professionals" or not.

Below is a list of factors (Profit Motive factors determining if you have a trade or business) that the IRS may...
Forum: Internet Gambling 02-15-2005, 10:11 PM
Replies: 110
Views: 349
Posted By CPA
Re: Poker and Taxes....This is why there is so much confusion

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
On the other hand, how are the different from "cash back" credit cards or airline frequent flier miles (

[/ QUOTE ]

One reason it is different is because you...
Forum: Internet Gambling 02-15-2005, 10:05 PM
Replies: 110
Views: 349
Posted By CPA
Re: Poker and Taxes....This is why there is so much confusion

MicroBob,

Based on what you are saying, you appear to be the epitome of a professional gambler. (The purpose of my post was to bring to light that people on these forums should maybe think as...
Forum: Internet Gambling 02-15-2005, 09:17 PM
Replies: 110
Views: 349
Posted By CPA
Re: Poker and Taxes....This is why there is so much confusion

[ QUOTE ]
On the other hand, how are the different from "cash back" credit cards or airline frequent flier miles (

[/ QUOTE ]

One reason it is different is because you are not in the trade...
Forum: Internet Gambling 02-15-2005, 08:51 PM
Replies: 110
Views: 349
Posted By CPA
Re: Poker and Taxes....This is why there is so much confusion

[ QUOTE ]
CPA-

Does there ever come a time when you are required to file as a professional? For some people with few deductions besides loses, the self-employment tax basically makes filing as a...
Showing results 1 to 25 of 176

 
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