Anyone live in las vegas willing....

[Betallsports]

SHARKY is not able to do the contest proxy as he is out of vegas going to school in canada,just so people know this.he is doing very well but school is really hell he has told me,but he is coming along just fine

It's still his Group. and had No problems last year getting the job done.
I'll stay with them, because I 100% trust them.

 

[easygoer+]

That's what a Lot of people said.

best part is he was the first one to knock a Book and call out Stiffs, plus the "holy than thou attitude"

winds up that he's a Stiff as well.

You Just Can't make up this shit !

He hasn't posted at EOG for months and months or anywhere else for that matter. I guess I wouldn't either. I used to post at EOG up until the Belmont. Made a dumb bet with
a dirtbag there. Loser leaves EOG. So here I am. But I'm ok with it. Guys are pretty cool here. A lot bashing over there anyway. Guys insult each other over there left and right.
Not for me. I treat people like I want to be treated. My name here pretty much sums up who I am.

 

[Betallsports]

He hasn't posted at EOG for months and months or anywhere else for that matter. I guess I wouldn't either. I used to post at EOG up until the Belmont. Made a dumb bet with
a dirtbag there. Loser leaves EOG. So here I am. But I'm ok with it. Guys are pretty cool here. A lot bashing over there anyway. Guys insult each other over there left and right.
Not for me. I treat people like I want to be treated. My name here pretty much sums up who I am.

Yeah hear that all the time. Guess if you are not in their "Club" you get the cold shoulder ..

Anyway, you are more than Welcome here anytime. There are a few bashers, maybe a fight here and there. But we take care of it.
You can always reach out to myself or any of the other Mods if you have a questions or Problems.

Plus your user name a Avatar is Great. Loved that Horse ... was a Great 2 year old, and a pretty good 3 year old too.

 

[easygoer+]

Yeah hear that all the time. Guess if you are not in their "Club" you get the cold shoulder ..

Anyway, you are more than Welcome here anytime. There are a few bashers, maybe a fight here and there. But we take care of it.
You can always reach out to myself or any of the other Mods if you have a questions or Problems.

Plus your user name a Avatar is Great. Loved that Horse ... was a Great 2 year old, and a pretty good 3 year old too.

Ok, thanks for the invite.

 

[Akillies]

easygoer best horse in the last 25 yrs.

 

[Fishhead]

it's a 1099-Misc

and as far as Taxes, a few losing tickets ... even lottery ones will bring that Tax amount pretty good.

1099-Misc are not allowed to be written off with gambling losses.......it is considered a "prize".


This is precisely why I've been saying the LVH should issue W2-G's instead of 1099's......because the contest is gambling(1500 entry fee).

 

[Fishhead]

You da man Fish. I guess if your there everyday no big deal.

btw ...how does submitting the picks work ? Is it like the sportsbook where you verbally call out the teams or do they give you a card to fill out ? how does that work ?

A card, similar to a parlay card.

 

[Betallsports]

1099-Misc are not allowed to be written off with gambling losses.......it is considered a "prize".


This is precisely why I've been saying the LVH should issue W2-G's instead of 1099's......because the contest is gambling(1500 entry fee).

I leave it to my accountant who has been in that business for over 45 years, I picked up over $27K in the LVH and got almost half written off between losing Las Vegas Tickets and some scratch offs. I couldn't tell you what they did, but I will trust them as I claim all Legal gambling that I do. ( LV , AC & Bahamas )
I have had both 1099's & W2-G's . and I just hand them in and let them do the work.

I'm not going to say I disagree with you on the 1099 vs. W2-G, because I don't know. But as long as they can figure out a way to offset some of the winnings... or losses I'm fine with it.

 

[daboyzinblue]

Last year I used Matt from Footballcontestproxy.com they were solid. $300 up front and 2% of winnings. I believe last year they were the proxy for over 300 entries including 4 of the top 10 finishers and the overall winner. They run a top notch service and I believe they are the biggest and well known proxy in vegas.

 

[NFLTrends]

Im also running a proxy service this year... only have 2 people that said they will use me this year.

$300 and no commission.

Figured since I am mobile pretty much 16 hours a day AND I am also putting in my picks, its not out of my way at all.

So if anyone is interested, let me know

 

[easygoer+]

Last year I used Matt from Footballcontestproxy.com they were solid. $300 up front and 2% of winnings. I believe last year they were the proxy for over 300 entries including 4 of the top 10 finishers and the overall winner. They run a top notch service and I believe they are the biggest and well known proxy in vegas.

I just can't bring myself to pay a %. Your the one doing all the hours of handicapping. All the guys is doing is turning in a card similar as FISHHEAD put it in post #87 of this thread "similar to a
parlay card" This guy that won last season payed over $10,000.00 in fees. Just because he won and has to makeup the difference for the guys that didn't cash. That is absolutely ridiculous.
If you charge say $300 and you get 300 proxies that's $9000.00. Just for turning in Parlay cards. Sign me up!

 

[easygoer+]

Im also running a proxy service this year... only have 2 people that said they will use me this year.

$300 and no commission.

Figured since I am mobile pretty much 16 hours a day AND I am also putting in my picks, its not out of my way at all.

So if anyone is interested, let me know

MY MAN!!!!!!!!!!!!!!!!!!! I'll contact you

 

[NFLTrends]

MY MAN!!!!!!!!!!!!!!!!!!! I'll contact you

No problem... let me know, you can send me a message here and Ill shoot you my number if its easier. Im heading to bed for a few, but Ill be up this afternoon and Ill get bACK TO YOU.

 

[bigtendominator]

I just can't bring myself to pay a %. Your the one doing all the hours of handicapping. All the guys is doing is turning in a card similar as FISHHEAD put it in post #87 of this thread "similar to a
parlay card" This guy that won last season payed over $10,000.00 in fees. Just because he won and has to makeup the difference for the guys that didn't cash. That is absolutely ridiculous.
If you charge say $300 and you get 300 proxies that's $9000.00. Just for turning in Parlay cards. Sign me up!

Trust me, if you win, you will gladly pay the 3%.

 

[Fishhead]

I just can't bring myself to pay a %. Your the one doing all the hours of handicapping. All the guys is doing is turning in a card similar as FISHHEAD put it in post #87 of this thread "similar to a
parlay card" This guy that won last season payed over $10,000.00 in fees. Just because he won and has to makeup the difference for the guys that didn't cash. That is absolutely ridiculous.
If you charge say $300 and you get 300 proxies that's $9000.00. Just for turning in Parlay cards. Sign me up!

You better have tons of fun playing the contest or have plans to make more money upon finishing good(becoming a tout for example), because the contest has little +EV value at all, if any..........and this is not counting taxes and proxy fees.......paying a commission adds insult to injury.

Its an enjoyable contest though for those that decide to enter, and that does add a lot of ghost EV

 

[Fishhead]

I leave it to my accountant who has been in that business for over 45 years, I picked up over $27K in the LVH and got almost half written off between losing Las Vegas Tickets and some scratch offs. I couldn't tell you what they did, but I will trust them as I claim all Legal gambling that I do. ( LV , AC & Bahamas )
I have had both 1099's & W2-G's . and I just hand them in and let them do the work.

I'm not going to say I disagree with you on the 1099 vs. W2-G, because I don't know. But as long as they can figure out a way to offset some of the winnings... or losses I'm fine with it.[/


In all likelihood your accountant deducted gambling losses from your 1099-misc winnings not knowing they could not do that OR deciding they would do it anyway against the 1099-misc and take a chance.


Twenty plus years ago I did the same with my 1099-misc gambling related winnings from certain things, which is, writing off gambling losses against 1099-misc not knowing that was not legal to do such in the eyes of the IRS, nothing occurred from doing such, of course, was not audited in that timeframe.


The LVH by using a 1099-misc instead of a W2-g is basically slapping every contestant in the face by saying this is just like a random drawing where everyone throws $1500 into the pot and involves no gambling AND/OR skill.


Hopefully this year will be the year the LVH changes their stance on this......wish more people would complain to them on this topic.

 

[easygoer+]

You better have tons of fun playing the contest or have plans to make more money upon finishing good(becoming a tout for example), because the contest has little +EV value at all, if any..........and this is not counting taxes and proxy fees.......paying a commission adds insult to injury.

Its an enjoyable contest though for those that decide to enter, and that does add a lot of ghost EV

I still like my chances to cash here FH. I'll have $1500.00 entry fee, $300.00 Proxy fee ( no commission) and 388.00 round trip airfare invested. We'll see how it goes. That's all I can do.

 

[Fishhead]

I still like my chances to cash here FH. I'll have $1500.00 entry fee, $300.00 Proxy fee ( no commission) and 388.00 round trip airfare invested. We'll see how it goes. That's all I can do.

How can you or anyone like their chances on cashing in any given one year????


Each and every entrant is a large underdog on cashing in a particular year.

 

[easygoer+]

How can you or anyone like their chances on cashing in any given one year????


Each and every entrant is a large underdog on cashing in a particular year.

Its the attitude you gotta have. If I thought I had no chance I wouldn't have entered. Like you said, it'll be fun anyway.

 

[Fishhead]

Its the attitude you gotta have. If I thought I had no chance I wouldn't have entered. Like you said, it'll be fun anyway.

Let us know your handle, you will be one of many that I hope cashes this coming season.