Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > General Poker Discussion > Televised Poker

Reply
 
Thread Tools Display Modes
  #11  
Old 11-30-2005, 04:48 PM
Beavis68 Beavis68 is offline
Senior Member
 
Join Date: May 2004
Location: AZ
Posts: 779
Default Re: Dannenmann interview on espn.com

it may be ordinary income for professionals.

not sure if they can do a John Edwards - incorporate and draw a salary too.
Reply With Quote
  #12  
Old 11-30-2005, 04:52 PM
Guest
 
Posts: n/a
Default Everything else is extra credit

Well, I was one of those posters who gave him [censored] for calling his friend after bluffing Lederer...but he did a good job about explaining the situation in that article. Sorry...my bad. Seems like a good guy. Hopefully I'll get to meet him someday.

I also like his motto: Everything else is extra credit.

ScottieK
Reply With Quote
  #13  
Old 11-30-2005, 05:07 PM
Farfenugen Farfenugen is offline
Junior Member
 
Join Date: Apr 2005
Posts: 17
Default Re: Dannenmann interview on espn.com

What was the major transgression with calling his buddy after he bluffed Lederer? I would too. Not a big deal.
Reply With Quote
  #14  
Old 11-30-2005, 05:21 PM
sciencebeagle sciencebeagle is offline
Junior Member
 
Join Date: Feb 2005
Posts: 5
Default Re: Dannenmann interview on espn.com

Gotta respect a guy who builds a business from scratch and now makes around $280,000 a year. (He stated that he couldn't retire because 1.3 mil is about four years of work for himself.) Poker would be extra credit to me too if I made that kind of scratch.
Reply With Quote
  #15  
Old 11-30-2005, 05:58 PM
Guest
 
Posts: n/a
Default Re: Dannenmann interview on espn.com

Excellent article. Classy guy, and obviously his attitude is excellent for poker. If everything is extra credit, then bad beats don't seem so bad. Seems to me like he almost thought the title would bring pressure that he didn't want.
Reply With Quote
  #16  
Old 11-30-2005, 06:02 PM
ddss6_99 ddss6_99 is offline
Senior Member
 
Join Date: Jul 2004
Posts: 124
Default Re: Dannenmann interview on espn.com

1.3Million in the bank. That'll get him ~65k/yr in intrest on top of his 280k/yr, that's not a bad setup.
Reply With Quote
  #17  
Old 11-30-2005, 06:04 PM
Guest
 
Posts: n/a
Default Re: Dannenmann interview on espn.com

[ QUOTE ]
Gotta respect a guy who builds a business from scratch and now makes around $280,000 a year. (He stated that he couldn't retire because 1.3 mil is about four years of work for himself.) Poker would be extra credit to me too if I made that kind of scratch.

[/ QUOTE ]

He makes 280k per year after taxes (because his 1.3 is also after taxes).
Reply With Quote
  #18  
Old 11-30-2005, 07:14 PM
Quake1028 Quake1028 is offline
Member
 
Join Date: Sep 2004
Posts: 94
Default Re: Dannenmann interview on espn.com

$1.3 million divided by 4 is $325,000, not $280,000.
Reply With Quote
  #19  
Old 11-30-2005, 07:31 PM
Fallen Hero Fallen Hero is offline
Member
 
Join Date: Apr 2005
Posts: 34
Default Re: Dannenmann interview on espn.com

[ QUOTE ]
[ QUOTE ]
How boutch Hachem? He's an international, no tax for him?

[/ QUOTE ]
oh, you know Uncle Sam got him a piece of that pie!

[/ QUOTE ]

a lot has been posted about this: summing up, no, uncle sam doesn't take a part but aparently harrah's took it to give to uncle sam.
Reply With Quote
  #20  
Old 11-30-2005, 07:54 PM
ianlippert ianlippert is offline
Member
 
Join Date: Apr 2005
Posts: 88
Default Re: Dannenmann interview on espn.com

So whats the point of playing in these tourneys if your ev is cut in half? I mean of course you want to play the Main event, but I think it was fischman that stated in one of those bios that he pays taxes. Can you pay a different amount if you are a professional gambler? Like pay as if you were a business and not a lottery winner?
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 05:15 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.