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EARTH HUMAN 10-02-2012 04:16 PM

hi
 
ok

GRIFFIN 10-02-2012 04:18 PM

YES, you will pay tax
spread it out.
they may freak out, but 50 k is not that much in cash.

blownE30M3 10-02-2012 04:23 PM

Quote:

Originally Posted by EARTH HUMAN (Post 14781465)
Ok so the line is a nickel to win 100, So i would be risking $50,000 to win $10,000, what would be the amout i pay in taxes if my wager hits?

Thats it? Damn, that seems incredibly not worth it for the amount of things that can happen to ruin an election in that time frame.

GRIFFIN 10-02-2012 04:27 PM

here is 50k next to a stuffed frog.

http://sphotos-a.xx.fbcdn.net/hphoto...22272441_o.jpg

RidinBimmerz 10-02-2012 04:28 PM

how many bets have you placed through this site? have you not paid taxes on your previous bets?

CollinsE90 10-02-2012 04:29 PM

Who are you planning on betting on?

edit: I can't read.

GRIFFIN 10-02-2012 04:31 PM

Quote:

Originally Posted by EARTH HUMAN (Post 14781465)
Ok so the line is a nickel to win 100, So i would be risking $50,000 to win $10,000, what would be the amout i pay in taxes if my wager hits?

that is a sh1tty bet. send me 10k. I will fly out to you. kick you in the nuts and then buy you a beer. Then you will still have 40k.

Shaban 10-02-2012 04:31 PM

:rofl: this guy again

IdahoToyo 10-02-2012 04:33 PM

Quote:

Originally Posted by GRIFFIN (Post 14781492)
that is a sh1tty bet. send me 10k. I will fly out to you. kick you in the nuts and then buy you a beer. Then you will still have 40k.

:rofl:

217Bimmer 10-02-2012 04:34 PM

if you win over $1200 from one place, you will get a 1099, which means that they reported the income to the irs.

MaverickM3 10-02-2012 04:39 PM

^^^ This.

SLVR JDM 10-02-2012 04:48 PM

You can carry 50k on you pretty easily. It isn't that much money (Lair is going to freak out).

dmax 10-02-2012 04:48 PM

So Romney was 3/1...seems like a much better bet...you could win $100,000...that's ten times better than $10,000!

It's a sure deal, OP...good bet...and the oddsmakers seems quite sure it'll be an Obama win...what a shock!

GRIFFIN 10-02-2012 05:00 PM

Quote:

Originally Posted by SLVR JDM (Post 14781567)
You can carry 50k on you pretty easily. It isn't that much money (Lair is going to freak out).

i posted a pic of 50k. it is pretty small.

Wraisil 10-02-2012 05:04 PM

Better return here https://www.intrade.com/v4/misc/scoreboard/ right now, plus you have the option of changing your mind to minimize your losses if you change your opinion between now and the election results.

217Bimmer 10-02-2012 05:25 PM

Quote:

Originally Posted by GRIFFIN (Post 14781608)
i posted a pic of my penis. it is pretty small.

:eeps:

GRIFFIN 10-02-2012 05:29 PM

Quote:

Originally Posted by 217Bimmer (Post 14781683)
:eeps:

http://i.qkme.me/3pj7p6.jpg

GlockMan 10-02-2012 07:28 PM

Quote:

Originally Posted by EARTH HUMAN (Post 14781465)
Ok so the line is a nickel to win 100, So i would be risking $50,000 to win $10,000, what would be the amout i pay in taxes if my wager hits?

If you don't know, you don't have 50k to bet...

NOVAbimmer 10-02-2012 07:53 PM

Haven't seen an EM thread in a while, and this is the crap we get?

It's like F2B comes back from a ban and posts something relevant and interesting

alkemyst 10-02-2012 08:03 PM

To get back to the taxes, this is online through IRS. http://www.irs.gov/taxtopics/tc419.html


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