Louise | January 2, 2023 | Updated on: January 3rd, 2023Professional gamblers report their gambling income and related expenses on Schedule C as self-employment income. Net Schedule C income is also subject to federal income tax and self-employment tax, plus any other state income tax. Record-Keeping for Gambling Activities The IRS expects professional players to […]
Faith Mortensen | January 2, 2023 | Updated on: January 3rd, 2023During a pretty intense game of 21, you’ve probably wondered: “When should you hit or stay in Blackjack?” and struggled to find answers. Most of the time, you should hit when you have a total of eight or less. Conversely, you should stand on […]
John Ford | January 1, 2023 | Updated on: January 3rd, 2023Progressive Slots are slots games with jackpots that increase with every bet you make. The jackpot prize keeps adding up until someone scoops the prize. The increasing jackpot means that you can walk away with a life-changing prize. Progressive slots made people millions of […]
John Ford | January 1, 2023 | Updated on: January 3rd, 2023There are various types of slots games to choose from. These games are famous for their simplicity and huge jackpots. Slots games have been in existence for over 200 years but remain as popular today as they were when they were first introduced. Although […]
John Ford | January 1, 2023 | Updated on: April 23rd, 2024There are multiple benefits of playing bingo games. This is possibly the reason why the game is loved and played around the world. There is even a saying that bingo has travelled around the world more than any of its players ever will. Since […]
Ines | January 1, 2023 | Updated on: January 3rd, 2023Yes, the lottery is random. A mechanical system is used and it is designed to be random. What’s more, balls and machines are often changed to avoid predictability and wear. Hence, several machines are used. The machines are also chosen randomly for each draw. If […]
John Ford | January 1, 2023 | Updated on: January 3rd, 2023Wild symbols make online slot games more exciting. These added symbols appear at random intervals whilst you spin. Wild symbols are meant to help you match symbols on paylines, and possibly boost your bankroll. They simply take on the value of other symbols that […]
Ines | January 1, 2023 | Updated on: January 3rd, 202313 states have legalized some form of online gambling. The kind of legal online gambling they offer includes online casinos, poker, sports betting, and lotteries. In the future, we may see more states allow this activity as some are already in the process of legalizing […]
Louise | January 1, 2023 | Updated on: January 3rd, 2023Pai Gow Poker is a casino game played with a standard 52-card deck plus one joker. The rules are simple. After making a stake, every player is dealt seven cards and they should make two poker hands: A standard five-card poker hand and a two-card […]
John Ford | January 1, 2023 | Updated on: August 10th, 2023The smartest roulette bets will depend on what you want to achieve from the bet. For example, you might refer to a roulette bet with the highest payout as a smart bet. A roulette bet with the lowest house edge, or the highest winning […]