Recent content by HughRoller

honestly as an american i envy the uk setup right now and i never thought id say that. yeah your affordability checks are annoying but you have RIGHTS. i have a patchwork of fifty states, a collapsing sweeps sector, no legal online casino in most of the country, and a stuck balance i cant do...

and operators walk away clean. they made their money for years operating in the grey zone, and when a state closes it down they just geofence and move on to the states that are still open. the balance thats stuck? not their problem. the players who deposited for years? not customers, just...

this whole thing has been a slow motion car crash and im watching it happen to my own accounts. im not in louisiana but ive lost access to sweeps in like four states this year through moving around for work. the pattern is always the same. no warning that really lands, a redemption window buried...

still nobody has said which markets get pulled. everyone here has spent a day arguing about methodology and swaps and none of it touches the listing decision. someone at these platforms chose to run a contract on a covert military operation. someone chose to run one on a sealed corporate...

because the guy with the raccoon username is a better story than a listings committee

so here's what nobody in the coverage will say out loud! polymarket listed a contract on whether a specific head of state would be removed by a specific date, while a us military operation to do exactly that was in planning. they listed it because it was going to do enormous volume then the...

fair points all round and i dont have a good answer to laura's one. what i keep coming back to is nobody chose this. the sportsbooks limited every profitable customer they had for a decade and pushed them toward the one venue that couldn't do it. now that venue is bigger than they are, sits...

Helena sweetie kalshi is us accounts, you'd need to satisfy their onboarding. polymarket has the us entity and the global one with its own restrictions depending where you are. and its getting messier internationally too, turkiye reportedly blocked polymarket and there's a czech block over...

mate thats kinda cynical read and probably the right one but whats the actual legal position. someones going to win this eventually

i've been on prediction markets almost exclusively since february after draftkings put me on twelve dollars and i want to talk about whats actually happening here because i don't think most people on this board have clocked it. april numbers: kalshi and polymarket combined did around 24 billion...

💯% downloading every single statement from every single book i've ever touched going back to jan 1 is a nightmare pal. some of these books make this ridiculously hard. DraftKings W2G portal works. BetMGM is a nightmare. FanDuel okay. a couple of smaller books where i have accounts basically have...

hmm winnings tax free? that's actually... i need a minute

$380k in, $365k out, $15k net. that's not making $380k. that's the whole point man

Just imagine this your single year of table: winnings: $380,000 losses: $365,000 net profit: $15,000 so under old rules: pay tax on $15,000. makes sense, that's what i actually earned. under new rules: can only deduct $328,500 of losses. suddenly i have $51,500 in taxable income instead of...

what bout usa?