Quote: thecesspit125 grand at 99% VP is a loss of $1,250. Stick a $20,000 Royal on top - profit of $18,750.
(You might not be playing 99% VP, but unless it's ultra lousy, hitting a royal in 5,000 hands will -normally- return you a profit on the day).
Course $125,000 of play will probably get you you some sort of free room/meal offers as well, as would the lower amount as well. Hope you had your player's card in the machine Jerry to scoop of a few extra freebies.
Singer doesn't believe in player's cards, supposedly--they keep the magic video poker Luck Fairy from descending on your machine and giving you a royal in 80 hands. Not using a player's card also, conveniently, makes Singer's claims of having won a skillion bucks completely unverifiable.
Of course, only an idiot would give that kind of action and NOT use a player's card.
Quote: JerryLoganAs he says, each time we go into play is its own separate individual event, and for the player, there is no long term. That only applies to the machines and the casinos.
Why even try to explain things to him after hearing this? Good luck and many royals to you Jerry, you are going to need them...
Quote: mkl654321You richly deserved the comparison. I'm not against using direct insults in response to a direct insult. But be that as it may, I forgive you. I still don't know why you would help Singer perpetrate his frauds, but I'll assume you have what amounts to a valid reason in your own mind.
Forgive me for what exactly? Your forgiveness is worth exactly what I paid for it.
Quote: clarkacalWhy even try to explain things to him after hearing this? Good luck and many royals to you Jerry, you are going to need them...
Since it's almost impossible for a person to be that obtuse, I'm going with the fact that Jerry=Singer and assessing that he is deliberately refusing to acknowledge your and others' arguments, because he delights in obfuscation.
It is, however, disturbingly possible that Singer actually believes all of his own nonsense. That would make him a mega-idiot more than a fraud.
Quote: thecesspitForgive me for what exactly? Your forgiveness is worth exactly what I paid for it.
The original snotty remark that prompted the riposte that set you off. But as I said, I forgive you. And I tender that freely, without hope of recompense, apology, or (correctly, apparently) acknowledgement. But let's stop bickering---it distracts from the task at hand. OK?
Quote: mkl654321You richly deserved the comparison. I'm not against using direct insults in response to a direct insult. But be that as it may, I forgive you. I still don't know why you would help Singer perpetrate his frauds, but I'll assume you have what amounts to a valid reason in your own mind.
And my point, which you missed, is that absent any additional evidence, we have no way of verifying whether Jerry/Singer is telling the truth. And a photo of a royal won't constitute any real evidence, but it will impress the impressionable--so why help out the fraud?
MKL, all you do when you whine about my pictures of big wins (and they have to be GINORMOUS wins to you) is radiate your jealousy and underlying hatred. You used to say I have no pictures of my past wins so they are made up. Now that I supply them you say they are someone else's. If I were to put a picture of myself & Rob somehow in front of the screen then you'd say show me w2g's & id's. If I showed those you'd claim any or all were fakes. Bottom line is your envy overtakes you and you just don't know what to do about it. At the same time since you've been taking a beating from the most composed of posters here, you've shown signs of coming apart by your famous name-calling. I'd say a suspension will do you more good than harm....ham being how you'd suffer so without anyone to bloviate your nonsense to.
Quote: JerryLoganMKL, all you do when you whine about my pictures of big wins (and they have to be GINORMOUS wins to you) is radiate your jealousy and underlying hatred. You used to say I have no pictures of my past wins so they are made up. Now that I supply them you say they are someone else's. If I were to put a picture of myself & Rob somehow in front of the screen then you'd say show me w2g's & id's. If I showed those you'd claim any or all were fakes. Bottom line is your envy overtakes you and you just don't know what to do about it. At the same time since you've been taking a beating from the most composed of posters here, you've shown signs of coming apart by your famous name-calling. I'd say a suspension will do you more good than harm....ham being how you'd suffer so without anyone to bloviate your nonsense to.
Uh huh. Make a fantastical claim, then anyone who doesn't believe it is "jealous". We've heard that song from you before, Jerryhole, many, many, many times. It was bullshit then, and it's bullshit now.
Another point that proves you a liar: Singer's Magical System can be written out on one piece of paper. Why would you need his august presence for a "training session"? "Bet more and more until you win" isn't a playing "method" that needs constant supervision. (Of course, Singer, I realize that no such "training session" ever took place, and if anyone was there, it was yourself alone.)
And along the lines of "put up or shut up", if you--whoever you claim to be--hit this big honkin' jackpot, then you would have gotten a W2-G, and it would have your name and the date it was issued on it. They wouldn't have paid you without it. So put a picture of THAT on this site, with the name "Jerry Logan" clearly visible, as well as the date, amount, and all other relevant information. Then, at least, we'll know that you (Singer as the fraudulent "Jerry Logan") did hit the royal as per your "training session report". And a picture of Singer french-kissing some guy in front of a VP machine displaying a royal won't cut it.
Otherwise, you're just some boasting fraud talking out of your ass. You make a fantastical claim, prove it.
Quote: JerryLoganNow you're displaying rambling aggravation. I like it!
Now you're ducking the issue. Coward. Liar. Fraud.
Quote: mkl654321Now you're ducking the issue. Coward. Liar. Fraud.
Bzzzt....1 month suspension for name calling!
You mean the w2g. That's easy, only as soon as it appears you'd claim it's sooo easy to make one up! Why? Because your jealousy knows no bounds.
Quote: JerryLoganBzzzt....1 month suspension for name calling!
You mean the w2g. That's easy, only as soon as it appears you'd claim it's sooo easy to make one up! Why? Because your jealousy knows no bounds.
Don't use that as an excuse. Posting a W2-G would make your claims at least somewhat plausible. It would be hard to fake the payer's taxpayer ID number, for example. So if it's so "easy", do it--or else quit saying that it is easy while simultaneously refusing to do it.
And as far as name-calling goes, Mr. Singer--you are indeed a fraud, you are indeed a liar, and for ducking my demand to see some shred of proof for your stories, you are indeed a coward.
Quote: JerryLoganThen let's see you say if I posted the tax form that you would retract all your lies about me first, you would unequivocably pronounce that you believe this and my other posted hits, and if you were ever to retract THAT particular statement under the stress of your usual jealousy, you'd leave the forum for good. (I put that part in for the good of the other members here. They need hope.)
Post it and see. Otherwise, don't bother to speculate. Prove that you're not lying.
If you do post an authentic picture of a W2-G that shows "Jerry Logan" winning a $20,000 jackpot on or about the date you claim, I'll not only retract my statement(s) about your being a liar regarding your reported royal, I'll even issue you an apology. But I have the feeling that you'd better hurry, Mr. Singer.
BTW, I'm having a final training session with RS sometime later this week. When I hit a jackpot in it, whatever it is and however small it may be, I'll get a pic of BOTH of us with it this time. That's as much to make that other goober eat crow as it is for you.
Quote: mkl654321
And as far as name-calling goes, Mr. Singer--you are indeed a fraud, you are indeed a liar, and for ducking my demand to see some shred of proof for your stories, you are indeed a coward.
Mkl- I think we have determined that JL is a separate individual from RS. YOU refused to accept that bet. And, assuming Mr. Singer is a fraud and liar (that I do not dispute), then I would not call him a coward. If I were trying to sell books or my system which i knew to be fraudulent, then I would do exactly what he does. Get a person to believe me and trumpet my cause. I would consider it a business model that has probably proved successful, not an act of cowardice. So, mkl, are you saying that you would apologize to JL if he can produce a W2-G for the $20,000 alleged royal on the date stated? JL- you have shown you can now post pictures.
Take a picture of your W2-G and shut up mkl. If you actually have it. (I know even if you do it won't shut up mkl, but humor the rest of us). I'm betting with mkl on this one, that you will not be able to produce said W2-G.
Quote: JerryLoganUm....you forgot to say that you would believe I'm not RS. Not easy to swallow is it. So let's hear it, and if so I'll post it as soon as I can figure out how. Oh, according to the w2g I just got it isn't a "taxpayer id no". I'm surprised...why didn't you know that? It's called a Federal Identification Number, and it's 352308426. I give it to you now so you can check it out and save yourself the pain of doing it later. Their tel number is 702-298-5111.
BTW, I'm having a final training session with RS sometime later this week. When I hit a jackpot in it, whatever it is and however small it may be, I'll get a pic of BOTH of us with it this time. That's as much to make that other goober eat crow as it is for you.
Not "taxpayer id no". PAYER ID number. As in, the company that paid out the jackpot. The taxpayer ID number would be your SSN. I'm surprised you didn't know that. and as far as that phone number goes, it's the Aquarius in Laughlin, but so what? You could have found out their payer ID # from hitting ANY taxable jackpot. Again, post the pic of the W2-G.
If the W2-G is indeed issued to "Jerry Logan", then it would prove that there was an actual person named "Jerry Logan" who hit that jackpot. It wouldn't prove that it was you, and it wouldn't prove that it wasn't actually the person who calls himself "Rob Singer". Remember, "Rob Singer" is a pseudonym; Singer's real name could, in fact, be Jerry Logan. But if you post an actual picture of an actual W2-G, with the amount and approximate date as you reported, it will still go a long way toward backing up your claim. And if you DON'T, that will similarly go a long way toward refuting your claim. In any case, even if I still didn't believe you, you could go a long way toward convincing other posters that you aren't making all this up.
I also should add that even if you really DID hit that royal, that doesn't prove diddly squat about Singer's methods. But it would improve your standing, Rob buddy, from "liar, fraud, and coward" to just "fraud"--a promotion you should aspire to.
Oh BTW, if you really meant my SS# I kind of think the majority of the country would believe you'd have typed that.
Sorry, but you asked for it!
Now to the task. I still haven't seen where you will pronounce that I am not RS when you see this thing, and if you ever retract it you will take the PAINFUL step of leaving here forever.
And notice all the caveats you've included "just in case I did really hit that Royal!" "Goes a long way", even if you did"....You're really hurt by this thing, aren't you! Step up to the plate, give some certainties, and stop trying to weasel out of your responsibilities here. Save your dignity man.
Quote: clarkacalWhy even try to explain things to him after hearing this? Good luck and many royals to you Jerry, you are going to need them...
You actually heard that? Wow you must be something special!
BTW, it's the people most irritated by seeing another person's big hits that come out with the dumbest of posts. For verification, please see mkl :)
Quote: JimMorrisonWith identity theft etc anyone who posts a W2-G showing their full name and SSN is an idiot. Now I realize both JerryLogan and MKL are fucking idiots but I hope they have enough brains not to post documents with sensitive info.
Jim buddy, only a "fucking idiot" would not realize that such a document could be posted with the SSN and any other "sensitive info" blocked out.
Quote: JerryLoganNow to the task. I still haven't seen where you will pronounce that I am not RS when you see this thing, and if you ever retract it you will take the PAINFUL step of leaving here forever.
Post the W2G or shut up, Singer.
Quote: SOOPOOTake a picture of your W2-G and shut up mkl. If you actually have it. (I know even if you do it won't shut up mkl, but humor the rest of us). I'm betting with mkl on this one, that you will not be able to produce said W2-G.
You're the Dr. right? Then what's this about my mentor being untruthful? Do you have proof of that? Plus seeing that I'm ahead nearly $26,000 in 3 training sessions and he's always written about his results with published bets that he could prove them beyond any doubt or else he'd pay up, I don't see where your disconnect is.
You remember when mkl claimed I never even played hi limit vp and all I did was lose? You remember he demanded pics of past winners? Well, now that I've been asked and actually TOOK 3 pics of the hits does it surprise you that he's now claiming I surfed the casino looking for other's Aces & RF's to take pictures of and that these were not mine?
What that depicted was pure jealousy. Are we in agreement? So what makes you think he or anyone else such as yourself, who apparently has been injured in some form just because I did take and put up my latest royal, would not carry on with this baloney born of envy & stupidity and ask for proof that I didn't forge a w2g, or that I didn't take some other gambler's w2g and rewrite it somehow to make it mine? You see how moronic all this is? The envious will NEVER accept it because they just can't stand it. It's just like that poster who doesn't want to understand that since each hand is an individual event unaffected by past or future hands, likewise are video poker sessions. That kind of undeniable logic doesn't compute to those who can't understand that the long term belongs only to the casinos and the machines. The result? They whine and cry and whimper like mkl does whenever facts to the contrary appear, this time in ANOTHER successful session-ending picture as trained by the master, Rob Singer.
Man up, Mr. neurotic!
Quote: JerryLoganMKL, I still haven't seen where you will pronounce that I am not RS when you see this thing, and if you ever retract it you will take the PAINFUL step of leaving here forever. And it looks like how you're lost for words you want the "Payer" thing to just go away, right?
Man up, Mr. neurotic!
I'm not promising you diddly squat. You can use that as your excuse for not posting the W2-G if you wish. We'll all know that the real reason is that you never won any such jackpot. You're a liar, a coward, and a fraud, Mr. Singer.
And by the way, even if you do post the W2-G, and it does say "Jerry Logan" on it, that won't prove that you, the person posting under that name, are not "Rob Singer", whoever "Rob Singer" actually is.
And you will be leaving here forever a LOT sooner than I ever will.
Quote: JerryLoganthe master, Rob Singer.
I don't think anyone doubts that JerryLogan is the man who also calls himself "Rob Singer", not in light of the creepily homoerotic love for him shown in "JerryLogan"'s posts. It makes more sense if that is actually self-love.
Tell me, "Jerry", did you pay Mr. Singer in cold, hard, cash, or in some kind of "personal services" (wink wink nudge nudge)?
If JL (Rob Singer) wants to prove to MKL that he won the 20K, he should probably send the evidence to the Wizard and let him confirm the win. That is, a copy of the W2 and his SSN sent to the Wizard or MB to confirm the win.
As for JL's claims for Singer's system, JL hasn't published anything as of yet that indicates that his experiences are nothing but dumb luck.
To MKL, what is your point? Most of us on the forums aren't stupid, and in my opinion, you're coming across as a jackass for even bothering to challenge him. People with an IQ of 160+ should know better... but you can't help yourself.
That said, I really don't understand why anyone would gamble play any kind of AP in the United States where all of the income is taxable. In the case of someone making 100K plus a year where the marginal tax rate is in the 40s, it doesn't make sense to me why someone would trade in a 20K royal for 12K. I understand that you can deduct gambling losses. If you're playing without a player's card however it might be difficult to substantiate the losses as there are no win-loss statements to substantiate claims. Perhaps someone could tell me what an income tax return looks like with all of these W2-Gs and the IRS' handling of gambling logs.
So you're too afraid to say how wrong you've been about me being Mr. Singer if I post the tax form, even though you are "absolutely sure"? Did I get that right?
Do you also know how unsure that now makes you look? One can only guess you go to sleep each night with some pretend image of yourself that's a million miles away from reality.
Quote: JerryLogan(blah blah blah)
Post it, or send the Wiz the evidence, or shut up, Singer.
Quote: boymimboThe FEIN of the Aquarius is indeed 352308426. They are owned by the Stratosphere. At this time Jerry's claim is that he knows the FEIN of the Aquarius, which is readily available on the internets. Also published is a photo of a $5 royal winning $20,000.
If JL (Rob Singer) wants to prove to MKL that he won the 20K, he should probably send the evidence to the Wizard and let him confirm the win. That is, a copy of the W2 and his SSN sent to the Wizard or MB to confirm the win.
As for JL's claims for Singer's system, JL hasn't published anything as of yet that indicates that his experiences are nothing but dumb luck.
To MKL, what is your point? Most of us on the forums aren't stupid, and in my opinion, you're coming across as a jackass for even bothering to challenge him. People with an IQ of 160+ should know better... but you can't help yourself.
That said, I really don't understand why anyone would gamble play any kind of AP in the United States where all of the income is taxable. In the case of someone making 100K plus a year where the marginal tax rate is in the 40s, it doesn't make sense to me why someone would trade in a 20K royal for 12K. I understand that you can deduct gambling losses. If you're playing without a player's card however it might be difficult to substantiate the losses as there are no win-loss statements to substantiate claims. Perhaps someone could tell me what an income tax return looks like with all of these W2-Gs and the IRS' handling of gambling logs.
I'll address some of that.
1. You're clearly not in touch with the IRS requirements in this country. I've had years where I've had a 6-figure w2g income, but I rarely have ever paid any additional tax on any of it because I've always lost money. For 2010 I won some and had some w2g's, but because I work for my company from my office at home almost 100% of the time, I made as many passes on my return as it takes to even things out. Now, because RS is turning me into a big winner and I expect big things the rest of this year, I'll need to make even further "adjustments" to my filings in 2012 in order to not pay any taxes on any of it.
2. Bingo! You got it! RS clearly states that "it is only because of a structured & disciplined strategy" that he has any chance at beating the machines, and "it is ONLY because of luck and how he reacts to it when it appears" that he has been such a consistent winner over the years. That is taken from his website. In other words and from my own experience, because he gives good fortune more opportunity to show its face, it is very probable that it will occur in nearly every session.
3. What in all this makes you believe posting a tax form will prove anything to him? He doesn't want it to be so he will fight it as he does the old lady next door when he snores with the window open.
4. mkl is anal in thought and neurotic in response, and he is a very envious person who always wants all the attention because he's such a loner at home. Nuff said.
Quote: boymimboTo MKL, what is your point? Most of us on the forums aren't stupid, and in my opinion, you're coming across as a jackass for even bothering to challenge him. People with an IQ of 160+ should know better... but you can't help yourself.
That said, I really don't understand why anyone would gamble play any kind of AP in the United States where all of the income is taxable. In the case of someone making 100K plus a year where the marginal tax rate is in the 40s, it doesn't make sense to me why someone would trade in a 20K royal for 12K. I understand that you can deduct gambling losses. If you're playing without a player's card however it might be difficult to substantiate the losses as there are no win-loss statements to substantiate claims. Perhaps someone could tell me what an income tax return looks like with all of these W2-Gs and the IRS' handling of gambling logs.
Sure I can. I just choose not to. Singer is a fraud that, like a diseased stray dog, needs to be chased away whenever he comes sniffing around.
To answer what you say you really don't understand, I filed my taxes in exactly the way you describe for almost a decade. I always had my player's card inserted when I played, and the casinos are perfectly happy to give you a yearly win-loss statement. They will even give you a session-by-session accounting if you ask. The key to the gambling logs is that they're accurate and detailed. If they're sloppy, or don't match up with other data you provide, they could get dismissed out of hand.
If you file a schedule C (Business) with your 1040, you can deduct business-related expenses, such as travel, meals, etc. the way you would do with any other business. For instance, I deducted the cost of all the VP books and software I purchased, and I kept a mileage log for all my travel to and from the casinos. I had a good accountant who taught me exactly how to cross all the t's and dot all the i's. I never had any trouble with the IRS re my returns; I never even got audited.
Edit: A Schedule C filer only pays taxes on his net earnings, as in, after expenses. So closing expenses into earnings results in a significant reduction in taxable income.
Quote: mkl654321Jim buddy, only a "fucking idiot" would not realize that such a document could be posted with the SSN and any other "sensitive info" blocked out.
No kidding sherlock, you're the one who kept insisting he post and never once did I see you tell him he could block out sensitive info. You said "So put a picture of THAT on this site, with the name "Jerry Logan" clearly visible, as well as the date, amount, and all other relevant information." Nothing at all about blocking out anything. Again, in my opinion JerryLogan is a fucking idiot yet I still don't want to see you steal his info.
Personally, I think everyone here would benefit the most if Jerry and MKL entered into a mutual suicide pact with each other. I hope they give it some serious thought at least.
@Jerry - would you be willing to allow another forum member to accompany you to a casino to watch you play these strategies?
Also, what's the one-sentence reason for not topping? Is it that casinos are evil, or do you not tip anywhere? IMHO tipping is about psychology plus unbundling prices for service from the underlying product. While the system is open for abuse, obviously a restaurant would start charging higher prices if no customer ever tipped, and a casino would do the same. I'm not sure of the moral high ground behind not tipping...it kind of seems analogous to hole carding after an employee asked you not to peek.
Quote: JerryLoganYou're the Dr. right?
MKL is a doctor? I think he should post his diploma and also his college transcript here. Otherwise I'm calling bullshit.
Quote: JimMorrisonNo kidding sherlock, you're the one who kept insisting he post and never once did I see you tell him he could block out sensitive info. You said "So put a picture of THAT on this site, with the name "Jerry Logan" clearly visible, as well as the date, amount, and all other relevant information." Nothing at all about blocking out anything. Again, in my opinion JerryLogan is a fucking idiot yet I still don't want to see you steal his info.
Personally, I think everyone here would benefit the most if Jerry and MKL entered into a mutual suicide pact with each other. I hope they give it some serious thought at least.
The date was already reported by Jerry (within a day or so). So was the amount. His personal info, like his address and SSN, wouldn't be relevant. All I asked for was that the W2-G had the name "Jerry Logan" on it, and that it matched what Jerry had already told us. But none of this matters, because he's never going to post it.
I'd be glad to enter into a suicide pact with you. You go first; I'll want some evidence that you really went through with it, of course.
Quote: mkl654321
I'd be glad to enter into a suicide pact with you. You go first; I'll want some evidence that you really went through with it, of course.
What a comedian. You are one of the most obnoxious people I've ever seen online. You must be a very miserable person. I bet you never get laid.
Quote: JimMorrisonWhat a comedian. You are one of the most obnoxious people I've ever seen online. You must be a very miserable person. I bet you never get laid.
Ah...an accusation of being "obnoxious" from someone who called me a "fucking idiot"...unintentional irony is the best kind!
Unlike you, I'm not going to speculate on your personal life--that would be obnoxious.
Try to have a nice day.
Quote: mkl654321Ah...an accusation of being "obnoxious" from someone who called me a "fucking idiot"...unintentional irony is the best kind!
Unlike you, I'm not going to speculate on your personal life--that would be obnoxious.
Try to have a nice day.
I'm sure if you started a poll most people would agree that you are an obnoxious fucking idiot. I mean you post in every single thread like you are the smartest person in the world. Seriously, when is the last time you got laid? Don't worry, I don't want picture proof.
Quote: sunrise089@mkl - did I miss some other post-Jerry-return thread where he did something really out of line? Because you seem really spiteful and rageful not only towards Jerry but also towards cesspitt even when his first post was pretty reasonable.
@Jerry - would you be willing to allow another forum member to accompany you to a casino to watch you play these strategies?
Also, what's the one-sentence reason for not topping? Is it that casinos are evil, or do you not tip anywhere? IMHO tipping is about psychology plus unbundling prices for service from the underlying product. While the system is open for abuse, obviously a restaurant would start charging higher prices if no customer ever tipped, and a casino would do the same. I'm not sure of the moral high ground behind not tipping...it kind of seems analogous to hole carding after an employee asked you not to peek.
Jerry has a history here. He's been kicked off the board several times for being nasty and abusive. Post-return, he's been better than usual, which is kind of horrifying when you think about how he must have been previously. He always does come back as sort of reasonable and controlled, but that deteriorates rather quickly--usually it takes hours, not days. You should also know that "JerryLogan" is actually "Rob Singer", a famous fraud and system huckster (that person's name is in itself a pseudonym). I detest frauds and liars, and Singer is both. He stalls and blusters and prevaricates (also, starts pitching insults) whenever challenged to prove his insane claims.
Cesspit and I have a history that relates to his gender issues and his perception that I am an enemy of LBGT people because I stated that a sex change operation is a physical and medical impossibility. He's a much more reasonable and sensible person than Jerry, though.
I wouldn't dredge up the tipping issue again if I were you--people feel too strongly about it. I personally feel that the tipping culture gives employers the excuse to not pay their employees decently, but I still do tip, though I think it's degrading to service employees to pay them less than $3/hr and expect them to hustle the customers for the rest. Others feel differently (to put it in a carefully neutral way).
Quote: mkl654321Cesspit and I have a history that relates to his gender issues and his perception that I am an enemy of LBGT people because I stated that a sex change operation is a physical and medical impossibility.
This is a lie.
This is purely because laughing boy over in Oregon refuses to understand a single word I used in a context he was not used to. From this he's decided to construct a whole persona about me, with out single piece of evidence. Me and him may have issues, but it ain't nothing to do with gender issues.
I also explained this to him in a thread that he seems unable to acknowledge because I got "snotty" with him first. He may or may not have a point in that area. He continues to suppose things about me he has no way of knowing. As I said at the time, if I want to be psycho-analyzed, I'll ask him first.
Quote: thecesspitThis is a lie.
Agreed. But you'll never get him to admit it.
Also, I completely believe Jerry is a separate person from Rob Singer and did indeed hit a $20,000 royal flush. But what does this prove? That video poker is random and any result is possible in the short term.
Continued use of RTT and ARTT strategies will result in alot of expensive losing sessions which will eventually lead to an overall loss. To vary as much as Singer suggests to do with his special plays at times from basic strategy will even catch up in the short term as this will leave no bullets in the bankroll at some point.
Quote: boymimboI really don't understand why anyone would gamble play any kind of AP in the United States where all of the income is taxable. In the case of someone making 100K plus a year where the marginal tax rate is in the 40s, it doesn't make sense to me why someone would trade in a 20K royal for 12K.
No marginal tax rates appear to be "in the 40s":
2009 Tax Rate Schedules
Tax Brackets for the 2009 Tax Year
By William Perez, About.com Guide
Below are the marginal tax brackets for 2009. Tax rates progressively increase as income increases. The tax rates apply only to the income in each tax bracket range. Also, the tax rates apply only to taxable income. Various adjustments and deductions, including the standard deduction and personal exemptions, all lower a person's taxable income. Taxable income is almost always less than your total income.
Single Filing Status
(Tax Rate Schedule X)
* 10% on income between $0 and $8,350
* 15% on the income between $8,350 and $33,950; plus $835
* 25% on the income between $33,950 and $82,250; plus $4,675
* 28% on the income between $82,250 and $171,550; plus $16,750
* 33% on the income between $171,550 and $372,950; plus $41,754
* 35% on the income over $372,950; plus $108,216
Married Filing Jointly or Qualifying Widow(er) Filing Status
(Tax Rate Schedule Y-1)
* 10% on the income between $0 and $16,700
* 15% on the income between $16,700 and $67,900; plus $1,670
* 25% on the income between $67,900 and $137,050; plus $9,350
* 28% on the income between $137,050 and $208,850; plus $26,637.50
* 33% on the income between $208,850 and $372,950; plus $46,741.50
* 35% on the income over $372,950; plus $100,894.50
Married Filing Separately Filing Status
(Tax Rate Schedule Y-2)
* 10% on the income between $0 and $8,350
* 15% on the income between $8,350 and $33,950; plus $835
* 25% on the income between $33,950 and $68,525; plus $4,675
* 28% on the income between $68,525 and $104,425; plus $13,318.75
* 33% on the income between $104,425 and $186,475; plus $23,370.75
* 35% on the income over $186,475; plus $50,447.25
Head of Household Filing Status
(Tax Rate Schedule Z)
* 10% on the income between $0 and $11,950
* 15% on the income between $11,950 and $45,500; plus $1,195
* 25% on the income between $45,500 and $117,450; plus $6,227.50
* 28% on the income between $117,450 and $190,200; plus $24,215
* 33% on the income between $190,200 and $372,950; plus $44,585
* 35% on the income over $372,950; plus $104,892.50
Quote: JimMorrisonMKL is a doctor? I think he should post his diploma and also his college transcript here. Otherwise I'm calling bullshit.
He was referring to me. mkl has stated many times that he is a high school teacher. As far as marginal tax rates someone else mentioned, if you include New York State taxes they easily top 40%.
Add in the 6.2 percent for Social Security tax on income below 106K and the 1.45 percent Medicare tax and then add state tax which averages about 7 percent depending on where you live and the marginal tax is about 40 percent for middle income Americans.
Why the government cut the social security tax to 4.2 percent for employees in 2011 is beyond me. That 2 percent has to get funded somehow... talk about shooting oneself in the foot.
What's scary is that historically the top tax rates for the highest income earners is at near historical lows and there are lower tax rates for capital gains and dividends yet people still call Obama a socialist. The problem with Obama is that he's fine with the "Spend" -- he's just not good on the "tax". He keeps saying that you have to find ways to pay for his program but he doesn't. All that does is ensure the bankruptcy of your fine nation.
Quote: JerryLoganI'll address some of that.
2. Bingo! You got it! RS clearly states that "it is only because of a structured & disciplined strategy" that he has any chance at beating the machines, and "it is ONLY because of luck and how he reacts to it when it appears" that he has been such a consistent winner over the years. That is taken from his website. In other words and from my own experience, because he gives good fortune more opportunity to show its face, it is very probable that it will occur in nearly every session.
I get it. If that is his strategy (or anyone's for that matter), it is complete and utter bull.
Quote: sunrise089@mkl - did I miss some other post-Jerry-return thread where he did something really out of line? Because you seem really spiteful and rageful not only towards Jerry but also towards cesspitt even when his first post was pretty reasonable.
@Jerry - would you be willing to allow another forum member to accompany you to a casino to watch you play these strategies?
Also, what's the one-sentence reason for not topping? Is it that casinos are evil, or do you not tip anywhere? IMHO tipping is about psychology plus unbundling prices for service from the underlying product. While the system is open for abuse, obviously a restaurant would start charging higher prices if no customer ever tipped, and a casino would do the same. I'm not sure of the moral high ground behind not tipping...it kind of seems analogous to hole carding after an employee asked you not to peek.
No problem at all having someone with me when I play. It'll be boring for them but it's OK, and since I only go with my wife I could only guarantee a time that day. My real problem is finding time to schedule a trip, which has to be at least 3 nights since the Mrs. goes with. But I'll post it and see if there's any takers.
You may not have read my dedicated thread on tipping. I tip food servers (not in buffets because they do not serve food. If you tip them you might as well leave an envelope for the garbage man at home), bartenders, valet parking attendants, taxi drivers, and that's it. I do not tip on cruise ships either. They double the intimidation on those things in my mind by basically strong-arming passengers into handing a big tip over to the cabin crew as you are about to disembark, so I double my strength against it. I used to tip casino floor people, change attendants and cashiers until Singer scolded me for it. In the past 6 months I've saved hundreds of dollars already by not giving those people one red cent and I feel good about it. They just don't deserve my money won from gambling, and since I don't tip bank tellers I never tip a casino cashier.
Quote: boymimboI get it. If that is his strategy (or anyone's for that matter), it is complete and utter bull.
And that's exactly why I chose to look at it, learn more about it, and eventually try it. So far so good. From what I've seen here and on the forums, everyone is very unfamiliar with the strategy yet is very quick to criticize it. How close-minded laced with some kind of odd fear is that? Plus everyone's always so stuck on that -ev must mean the player will lose over time and +ev means he'll win. I'm not seeing that and given RS's history of posting wins in the paper and that big published challenge that he could prove it from the past and by playing in front of doubters for a bet that everyone ran away from, to me it seems that the intellectual community has it wrong on this one.
Quote: thecesspitThis is a lie.
This is purely because laughing boy over in Oregon refuses to understand a single word I used in a context he was not used to. From this he's decided to construct a whole persona about me, with out single piece of evidence. Me and him may have issues, but it ain't nothing to do with gender issues.
I also explained this to him in a thread that he seems unable to acknowledge because I got "snotty" with him first. He may or may not have a point in that area. He continues to suppose things about me he has no way of knowing. As I said at the time, if I want to be psycho-analyzed, I'll ask him first.
OK. I'll take you at your word that your antipathy toward me has nothing to do with whatever gender issues you may or may not have.
Your language toward me has been inappropriate; mine toward you has likewise been inappropriate. I would hazard a guess that in each case, one has provoked the other. So let's tone it down, OK?
Quote: mkl654321OK. I'll take you at your word that your antipathy toward me has nothing to do with whatever gender issues you may or may not have.
Your language toward me has been inappropriate; mine toward you has likewise been inappropriate. I would hazard a guess that in each case, one has provoked the other. So let's tone it down, OK?
mkl admit it: you're disgusted with myself and cesspit because I posted some winners and he helped me put up the pictures. That's all it is. Only you haven't the writing ability to just say it in a few words.
Quote: boymimboYour table is only on federal income.
Add in the 6.2 percent for Social Security tax on income below 106K and the 1.45 percent Medicare tax and then add state tax which averages about 7 percent depending on where you live and the marginal tax is about 40 percent for middle income Americans.
Why the government cut the social security tax to 4.2 percent for employees in 2011 is beyond me. That 2 percent has to get funded somehow... talk about shooting oneself in the foot.
What's scary is that historically the top tax rates for the highest income earners is at near historical lows and there are lower tax rates for capital gains and dividends yet people still call Obama a socialist. The problem with Obama is that he's fine with the "Spend" -- he's just not good on the "tax". He keeps saying that you have to find ways to pay for his program but he doesn't. All that does is ensure the bankruptcy of your fine nation.
Obama doesn't have much to do with the existing tax code, and the marginal tax rates haven't substantially changed since he took office. During the first two years of his term, when Democrats held all but absolute power, he did try to insert a heavy "soak-the-rich" modification of federal marginal tax rates (as in: upward). But he wound up throwing that as a bone to the Republicans so they wouldn't get in the way of the stimulus bill. This only happened because for a while, the Demos didn't have total control of the Senate. Now, of course, we have total gridlock--which some would argue is an improvement over government by imperial decree.