Actually, I know the laws concerning online gambling just changed. Now they aren't allowed by law to pay you certain ways, so you have to have a bank account with a name that matches the poker account, and that person gets taxed on what they win. My mom plays poker online and had to go through all this crap to get about 125 dollars the one place owed her, and three weeks later she hasn't gotten it yet.
2007-01-26 16:55:11
·
answer #1
·
answered by heartlostangel 5
·
0⤊
0⤋
Sure you can. You give them some money and make an agreement with them as to what you get back if they win. Generally if they lose, so do you.
The problem is even the best poker players in the world will sometimes lose. So you might give someone a bunch of money and they might get unlucky and lose it all.
The reality is that if they were that good at playing, they would already have a bank roll and no need of your investment.
2007-01-26 16:56:55
·
answer #2
·
answered by ZCT 7
·
1⤊
0⤋
If you have to invest on a poker player, I suggest you to do so when he play tournaments, not cash games. You don't want mix up his poker life and your investment. Has a poker player I do what I do for me and my familly, I would not deal with somebody else money on a daily bases. Poker tournament can be a good thing in the long run. Let say that, the poker player you choose play 100 tournaments a year, it might be good to invest with him for a all year. And at the end see where you stand.
Take care
2007-01-27 11:35:39
·
answer #3
·
answered by pokercoach 5
·
0⤊
0⤋
I disagree with maple fan. Some poker rooms issue you a W-2G on your winnings. When I cashed at the WSOP, Harrahs sent me a form in the mail at year end so my poker winnings were taxable. The local poker room that I play at issues you a W-2G anytime your winnings exceed $599. Online is a different story. If you play at pokerstars or fulltilt or a similar site and they are offshore, they are not bound by the same reporting requirements as the US. Therefore, they do not report your winnings to the IRS. It is then up to the integrity of the player to report their winnings.
2016-03-15 00:31:24
·
answer #4
·
answered by Anonymous
·
0⤊
0⤋
What you're talking about is called staking, and it occurs at every level of poker. Many of the big name poker players you see on TV are staked into those tournaments. It's a lot of investment for a player to buy in on their own. Even if they are very very good they could benefit from a staking agreement from someone looking to invest in them. I would love to get staked into some of the higher end tournaments, so if you want to work something out drop me a line at my site: http://www.pokerdynasty.net/
2007-01-26 20:31:12
·
answer #5
·
answered by RC 2
·
0⤊
0⤋
I dont think you could but if you can thats a great idea!
and heres a guaranteed way to make money and its called TreasureTrooper
-Completely free membership
-Get paid to complete surveys, join websites, and using free trials
-2 level referral program. 20% for level 1 and 5% for level 2
-minimum of 20$ payout
-Occasional bonuses and contests giving 1$ to 100$
-ALL offers are over 30 cents and some go up to $70.00
-Shopping feature where you can get about 40% back from online stores
-payed monthly
-You dont have to pay for anything!
-I've made around $200
-heres the link
http://www.treasuretrooper.com/125296
2007-01-27 15:42:26
·
answer #6
·
answered by Anonymous
·
0⤊
1⤋
Find a good bingo hall.
The second time I played bingo I won 5 grand.
The bingo god has smiled on me.
The lotto god never smiled on me in over thirty years.
I don't trust online casinos.
And letting somebody else play for you?
Sounds like a slippery slope.
How to do it?
Give the other person your credit card number and your password or whatever else they need.
And when the big big winnings come in ....give person their cut:)
2007-01-26 16:56:08
·
answer #7
·
answered by Anonymous
·
0⤊
0⤋
I don't think it is a good idea to trust someone for gambling.
2007-01-28 08:22:51
·
answer #8
·
answered by soekind 5
·
0⤊
0⤋
sure, come on over. you put up $3,000 and i put up $1,000. anything I win you get 75%. if I lose you lose everything, the pros do it all the time.
2007-01-26 23:10:21
·
answer #9
·
answered by Anonymous
·
0⤊
0⤋
Worst idea ever...total waste of money.
2007-01-26 16:47:31
·
answer #10
·
answered by Dave H 2
·
0⤊
2⤋