I did some reading online that says casinos don't report to the IRS and that each individual goes by the honor system. If that's the case, how important are the W2G statements by the casino? What if someone hits a nice size jackpot and the W2G statements reads something like $21,000 but that person doesn't disclose it on his income taxes? What are the chances the IRS will find out? Anyone ever file gambling profits on their taxes or even their big jackpots?

I heard from somewhere that if you win over 10k in that year at any particular casino, they have an eye on you. Are there any variations of that? Is there any difference if a regular player wins 10k+ versus a high roller winning 10k+. Anyone else knows what tax consequences happens if someone starts winning that kind of amount?

who is planning to participate in the tournament next week? im registered already, but not sure if i will attend.

Hey guys, Im planning to spend about 4 or 5 days in Vegas in the last week of March. Anyone would like to meet up, please let me know. You can also critique the method I use. Would love some feedback.

Buying a couple of systems and finding them online have always lead to unsuccessful runs. I finally stumbled onto a gentleman who might have the winning recipe. On his website, he says he will teach you and than would be willing to play alongside with real money. How many have ever heard of this or even anything similar? I think that it is a very honorable and credible action. Yes, his lesson isn't cheap but when is a good thing cheap? Without giving out any details, has anyone ever come upon this site or learn the actual steps to his method?