Re: Chopping and Taxes
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i haven't played in ac, but i find it somewhat ridiculous that they make you fill out paper for a $1000 haul. are you sure they actually do that? it seems retarded. they don't make everyone who hits a roulette wheel for 1k fill out paperwork, do they? jeepers. they don't make everyone who wins a 1000 pot at say, a cash nl game fill out paper, do they? if this is actually the way things work, even if it's just the way the sngs work, there's no way you could drag me to that city. i know for instance that foxwoods wouldn't do something nearly that absurd. expecially as the casinos are in no way obligated to do something like this for such small prizes, i can't really see them doing that.
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When I'd go to the horse races at Saratoga, there were always special booths to go to if your ticket was a winner for $600 or more where it would be immediately reported, basically. I'd always assumed that was some kind of federal requirement and not NYRA specific, but perhaps not, since I have a bit of a tough time imagining the roulette scenario as well. I think it's very feasible that they'd make all tournament winners exceeding $600 file the paperwork though. I guess the question is, from a legal perspective, what separates the tournament from the roulette scenarios?
(EDIT: I see Anjin addressed a lot of these issues.)
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