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Post your slot wins and discuss your favorite slot machines, point out which casino you can find them in, and anything else you can think of related to slots.
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My casino charges a buy bet vig before you make a the bet AND after you win.

Is this pretty standard? Seems like it’s dramatically increasing the house edge.
submitted by Albyyy to Craps [link] [comments]

[Sports] - Gambling wins big at the polls in 2020, with 3 states authorizing legal sports betting and 3 others approving or expanding casino gambling

[Sports] - Gambling wins big at the polls in 2020, with 3 states authorizing legal sports betting and 3 others approving or expanding casino gambling submitted by AutoNewsAdmin to CHICAGOTRIBauto [link] [comments]

[Sports] - Gambling wins big at the polls in 2020, with 3 states authorizing legal sports betting and 3 others approving or expanding casino gambling | Chicago Tribune

[Sports] - Gambling wins big at the polls in 2020, with 3 states authorizing legal sports betting and 3 others approving or expanding casino gambling | Chicago Tribune submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

Colorado online sportsbooks will report 1099s to IRS of your winnings >$600 and you can't deduct losses from AGI. Wondering if in-person bets will require an 'account' for the casinos to track us and report to IRS? If not, in person betting is better than mobile it seems.

Update: To anyone reaching this post late, I have good news. I misinterpreted what I was reading from fanduel and draft kings. The 1099 reporting of $600 or more only relates to daily fantasy sports.
Now that they have legitimate sports books, sports book winnings are NOT reported to the IRS unless you win a bet at 300-1 or more odds, and in that case a W2-G would be given to you and the IRS. And if that 300-1 or more win is $5k+, the sports book is also be required to withhold 24% on you're behalf and remit that portion to the IRS upfront. Pro-tip: Don't be betting 300-1 or more long shots anyways.
All of this being said, even wins that aren't required to be reported to the IRS from the sports book via a W2-G, you are supposed to nevertheless claim the wins as income anyways which probably no one is doing. Talk to your accountant or tax advisor. Just be careful and personally, I still like in-person bets if you can make it to the casino sports book in Cripple Creek/Black Hawk/Central City because then you're dealing with cash rather than documented bank transfers to and from sports books.
submitted by amiatthetop2 to sportsbook [link] [comments]

How To Use The Baccarat Odds Baccarat Odds - House Edge, Baccarat, and Winnings - Common Betting Mistakes Before you put your money on the line at a casino, it is important to understand the house edge, payouts, and house rules for each of the betting bets you are considering.

How To Use The Baccarat Odds Baccarat Odds - House Edge, Baccarat, and Winnings - Common Betting Mistakes Before you put your money on the line at a casino, it is important to understand the house edge, payouts, and house rules for each of the betting bets you are considering. submitted by MakhiCooke to FB688Pro [link] [comments]

In a casino game (ex: blackjack or roulette), after winning the bet and receiving the winnings on the table, if the player walks away without collecting their bets, who keeps the money? Does it go back to the house or will they chase the player to collect their earnings?

submitted by urlradar3 to collectionreddit [link] [comments]

In a casino game (ex: blackjack or roulette), after winning the bet and receiving the winnings on the table, if the player walks away without collecting their bets, who keeps the money? Does it go back to the house or will they chase the player to collect their earnings?

submitted by urlradar3 to gameee [link] [comments]

[WP] You’re drunk gambling at a casino and win a bet with God so you get the power of the divine for 1 night. The next day angels wake you looking for God. They need you to retrace your steps to find God.

submitted by MidKnightshade to WritingPrompts [link] [comments]

The Best Decentralized Casino https://win.earnbet.io is Adding LINK as a currency to bet with soon ,so make sure to signup now and there is over 120k$ dividends payout in the next 2 days

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The Best Decentralized Casino https://win.earnbet.io is Adding LINK as a currency to bet with soon ,so make sure to signup now and there is over 120k$ dividends payout in the next 2 days

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Man has walked into a casino with 1000$ to play roulette. He decided to play on color and wants to win another thousand. Which would be better, to bet on one color 1000$ at once or bet 500-500$ dollars separately two times?

I translated this problem from other language and I probably did it not very well.
This problem has 2 hints. I understand the first one but struggle on the second. Hint #1: Let's say that probability of winning for a color that we choose is p (p < 1/2, because there are zeroes on roulette). When we play 2 games there can be 3 outcomes: a) We win both games (probability of that is p2); b) We win one and lose the second (probability of that is 2p(1-p) - probability of winning times probability of losing taken 2 times because there are 2 situations where we lose one game and win second); c) We lose both games - (1-p)2.
I completely understand that part.
Hint #2: Let's say that from starting position to final position winning chance is x, then we can write an equation: x = p2+2p(1-p)x
I don't get how can we write this equation and I don't understand fully what does it mean. Also, what should I do with this equation?
submitted by Jotaro_Of_Rivia to learnmath [link] [comments]

Casino time!!!I made a roulette game!! Come place a bet and win 5 times your bet!!! Maximum bet 99k so the payout is faster!! Rules: -I give you a flower -you make your bet and place the flower on the image you think the spinning wheel will land -you spin the wheel and if you win you get paid 5 time

Casino time!!!I made a roulette game!! Come place a bet and win 5 times your bet!!! Maximum bet 99k so the payout is faster!! Rules: -I give you a flower -you make your bet and place the flower on the image you think the spinning wheel will land -you spin the wheel and if you win you get paid 5 time submitted by Wapitits to Dodocodes [link] [comments]

Typical Redditor wins $100k bc his friend (a woman) placed the bet for him, and he doesn’t want to share. Reddit: “Fuck that cunt. Logically you won, the casino gave you the money, it’s yours, don’t give that bitch a PENNY.”

submitted by Woperelli87 to circlebroke2 [link] [comments]

Peergame on Twitter: "🔴🟡🔵 Introducing Big-Road & Bead-Plate 🔵🟡🔴 : Scoreboards for Turtle Race and Ladder Game Providing players information to strategically place bets! 📈 Happy Winning! 📊 #BSV #Casino #NoSignup #PeerGame #Turtle #Ladder ♥️♣️ https://t.co/mgSiKRqUAA ♠️♦️…

Peergame on Twitter: submitted by thacypha to bitcoinsv [link] [comments]

KingCasino is a platform where players can use their cryptocurrencies for casino, slots and sports betting. The platform provides an opportunity to become a shareholder and win in the fast-growing online cryptocurrency market. Many users will be able to appreciate the KingCasino offer.

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Golden Link slot progressive jackpot slots free games feature betting $3... #casino #slot #gambling winning money on new slot machines at the casino chasing progressive slot jackpots and hand pays

Golden Link slot progressive jackpot slots free games feature betting $3... #casino #slot #gambling winning money on new slot machines at the casino chasing progressive slot jackpots and hand pays submitted by SlotMachineMaster to u/SlotMachineMaster [link] [comments]

The Reddit Casino: Make Bets And Win/Lose Reddit Coins!

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Pragmatic Daily 🎁Drops and Wins. Play daily for your chance to win a share of daily cash prizes. These drop at random during the day on selected games at the b-bets casino

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submitted by Noel1220 to signupsforpay [link] [comments]

If I walked into a casino and wanted to make 1 bet, which one single bet would give me the highest % chance of winning it?

Not including black jack, as the number of decks always varies.
submitted by Stevenv32 to gambling [link] [comments]

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submitted by Noel1220 to signupsforpay [link] [comments]

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