Hypothetical: Reducing gambling winnings by "losing"?

[fluff]

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Why do they need to do it on a poker site?

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I'm assuming that since this is posted in "Internet Gambling" that is where he's going to do it.

I suppose you can do it at a B&M casino, but I don't think they appreciate collusion and chip dumping either.

Or you can play it heads-up on your kitchen table, but then why bother, just give him the money straight up. The IRS is never going to believe it anyway.

[thwang99]

No, I'd cash out this money, and play a "live" game with him, and lose this cash to him. Just me and him, at home, or whatever. No need to be online, or do the transfer online. No need to play in a live casino either. Just a home heads-up game. He'd start wiht say $100, me with $100k, and he'd bet $99, I'd call, then he'd bet $1, and I'd fold. Repeat until I've given him $100k.

I want to add that this could be seen as collusion, but it's headsup, so it's not hurting anyone. Also it's not a tournament. And it is chip dumping, but again, cash game, headsup. No one else playing, and it's not a tournament.

- Tony

[Mike Haven]

Why hypothetically bother?

Hypothetically telephone Pacific and ask what they could hypothetically do for you.

[Lori]

I'm pretty sure there have been WSOP events where Brits have been given better deals because of their tax exemptions.

The clear implication that this deal was rectified at a later stage.

Lori