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Old 11-15-2005, 05:58 PM
tylerdurden tylerdurden is offline
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Join Date: Jan 2004
Location: actually pvn
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Default Re: article on canadian casinos

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"If you're a losing player, the taxes don't matter."

Neither do comps, because you end up paying for them from your losses.

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That's obviously wrong, because the comps partially offset your losses.

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Any professional player who is +EV will do much better monetarily in a Canadian Casino than in An American Casino because of the tax issue.

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I don't think this is a given. As I said before, even if you are +EV, there *may* be advantages in competitive casinos that outwiegh the tax-free winnings.

Some of them may be avoidable for canadian players, however. For example, canada doesn't tax gambling winnings but it taxes everything else and sticks you with crappy medical care. If you live in the US and play in canada you can avoid those downsides. Of course, you'd be living in Detroit most likely, which has it's own set of negatives.

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A loser will probably enjoy one of the Vegas Casinos on the Strip (and definitely most American casinos are not like those) but who cares?

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Well, all of those people care, that's who. That was the main point of the article.

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A gambler comes to gamble. The tourists go for the other stuff. I want to play against -EV gamblers.

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Aren't tourists -EV gamblers? I was assuming that you were talking about table games before you got to this point. For poker, I seriously doubt that canadian tax-free winnings can come anywhere close to making up for the huge game selection and fish factor advantage that vegas holds.
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