May 27th, 2012 at 4:19:08 AM
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lets say you have $50 on the 12 (30:1 odds) and it hits. thats $1500.
are e-Crap machines considered slot machines?
Will that generate a w2g?
are e-Crap machines considered slot machines?
Will that generate a w2g?
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
May 27th, 2012 at 5:33:37 AM
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Others can confirm this for sure, but I think the answer is “Yes.”
May 27th, 2012 at 5:40:46 AM
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Here in MS, you need a 300 to 1 payout to get taxed. For example a 6 number Firebet at 1000 for 1 but not a 5 number at 250 for 1.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
May 27th, 2012 at 5:45:22 AM
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Quote: DeMangoHere in MS, you need a 300 to 1 payout to get taxed. For example a 6 number Firebet at 1000 for 1 but not a 5 number at 250 for 1.
Doesn't that apply to physical tables though? The game in question is a machine, which the federal requirements generally consider a "slot machine" for tax purposes — even if it is a video poker, blackjack, or craps machine.
May 27th, 2012 at 9:34:12 AM
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Yep, they are slot machines. In CA and Nevada the machine will not let you play until you are given a W2G and the slot attentent resets the machine. My friend was making $25 to $100 bets on the 2 and 12 and found out the hard way.Quote: 100xOddslets say you have $50 on the 12 (30:1 odds) and it hits. thats $1500.
are e-Crap machines considered slot machines?
Will that generate a w2g?
While the machine could not be played, waiting to be reset, the credits could not be removed from the machine to be placed into another, 4 more Hi-Lo bets hit. Of course, he could not bet, the machine was locked out.
He was pissed off and I watched the whole thing and did not have a bankroll to put into my machine.
Now when we play, we use 3 machines. We have also heard the same story from big field bettors, that if you parlay a hit that pays $1200 or higher, you can not play anymore until the machine is reset.
Really stupid rules