Tracking Apps
Are there any apps or software out there that could help me with this task?
Do you want a detailed record of where and when you played, and the result (e.g. "January 7, Bellagio, lost $750")?
Is it simpler, or more complex, than that?
If it's just for gaming locations, times,dates ,games, wins and losses there's a few adequate ones like Casino Tracker, Easy Bankroll .
You can customize something like Evo wallet.
Quote: ThatDonGuyIt depends on exactly what you mean by "tracking."
Do you want a detailed record of where and when you played, and the result (e.g. "January 7, Bellagio, lost $750")?
Is it simpler, or more complex, than that?
Sorry all, been traveling and haven't been on much. It kind of really is this simple. I've developed an excel spreadsheet which would be easy enough to maintain, just seems like an app would be better.
Essentially what I set up was this...
profit/loss = ending wallet balance -ATM withdrawals + ATM deposits - markers taken + markers paid off - non-gambling expenses - beginning wallet balance.
I might have a +/- sign off in that formula, but you get the idea... I know it's right in my spreadsheet.
I can't believe they would accept a hand written log and not a programmed and printed log... They can't honestly expect people to NOT use technology to help keep their logs/information in order. "This is 2016, you certainly may not use technology for your logs! They must be hand written!!" I guess I could be wrong because I don't know, but I just can't see that being the case.Quote: GWAEI believe an app or spreadsheet is not acceptable for an audit. They want hand written records because a spread sheet is too easy to fake. Hand written records can be analyzed to see if it was written at 1 time or something. Not sure if that is all true but I have heard it from multiple sources.
Quote: RomesI can't believe they would accept a hand written log and not a programmed and printed log... They can't honestly expect people to NOT use technology to help keep their logs/information in order. "This is 2016, you certainly may not use technology for your logs! They must be hand written!!" I guess I could be wrong because I don't know, but I just can't see that being the case.
In Nevada, they don't accept hand written logs on paper-- too easy to cheat the system. They require you to chisel your logs into stone. Seriously, look it up. Something in my gut's telling me the laws haven't been updated recently...
Quote: GWAEI believe an app or spreadsheet is not acceptable for an audit.
This is an urban myth...the IRS has no documentation format requirements (e.g. hand written, computer generated, typewriter, etc.) when submitting support for a tax position taken on a return. Whether they believe the documentation provided is more dependent on the agent involved, relationship generated during the interview and your organizational presentation...that and the fact that your facts/story makes sense particularly when it relates to an activity like professional vs. recreational gambling.
I remember when Bob Nersessian was on GWAE and he talked about reporting and I believe he stated an excel file is even acceptable so long as it has sufficient information such as Date, Location, Approximate Time, Win/Loss...Quote: ParadigmThis is an urban myth...the IRS has no documentation format requirements (e.g. hand written, computer generated, typewriter, etc.) when submitting support for a tax position taken on a return. Whether they believe the documentation provided is more dependent on the agent involved, relationship generated during the interview and your organizational presentation...that and the fact that your facts/story makes sense particularly when it relates to an activity like professional vs. recreational gambling.
Quote: gamerfreakHypothetically if I created a web based app to track this type of stuff, what features would you like to see?
That's very nice.. but I was really looking for a smartphone app. In a thread above, I listed the basic formula I was planning on using.
Quote: rsactuaryThat's very nice.. but I was really looking for a smartphone app. In a thread above, I listed the basic formula I was planning on using.
That's much more work, you might be better off using Excel or Google Sheets on mobile.
That was from Russ Fox in either podcast #4 or #5 here - http://www.crushlivepoker.com/podcasts/category/free-bonus-podcast
Quote: BTLWIBasically you want to make sure your records are contemporaneous. It's easy to do that with Excel. Email yourself your ever growing excel file every other Sunday. Proof that you didn't just create one big file April 13-14.
That is what I do. Each day that I add to my spreadsheet I email it to myself thus creating a date/time stamp.
Quote: GandlerMost Casinos will do this for you. Showing your total wins and losses for each day. You can accsess it on your online account in many casinos. Or, you can call them and request them to mail it to you. At least in NJ that is the case. I am sure pretty much everywhere does this.
Casino records are inaccurate and might not be enough for the IRS, also if you play unrated they will not have a record of your play
Quote: HunterhillCasino records are inaccurate and might not be enough for the IRS, also if you play unrated they will not have a record of your play
I have never had to deal with this before. But, would't the IRS trust Casino tracking over a Player manually typing in numbers?
Quote: GandlerI have never had to deal with this before. But, would't the IRS trust Casino tracking over a Player manually typing in numbers?
It depends,but on casino win loss statements they say something to the effect of ,estimate only,not to be used for tax purposes.
