Is taxes and tracability the main reason for it?
2007-03-21 07:55:16 · 5 answers · asked by Flipstar 2 in Games & Recreation ➔ Gambling
You are mostly correct.
As far as I understand, an honest poker game between friends is fine, it's when those friends would pay an ante to the host is when they get in trouble.
There's something about not being able to "profit" off the game unless you actually just win...but I could be wrong.
It's the same thing, almost, in my state, with those "phone card" gambling machines.
You insert money, it spits out a phone card, and unlocks a casino game that you play to win for money...and the money won can be cashed out at the establishment counter.
BIG no no in my state because they aren't getting the revenue...but the establishment is profiting off of it without having to turn it in as gambling income.
2007-03-21 16:00:03 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A lot of it is about a gambling license. The casinos get special permission assuming they pay taxes. If someone is getting a rake in a game at a home, then they can be prosectued for not paying the correct taxes.
2007-03-21 15:31:51 · answer #2 · answered by girismyfriend831 3 · 0⤊ 0⤋
You can gamble with friends as long as there isn't a "rake" or "house cut." It has to do with being able to monitor gambling activity where the house profits, largely tracing back to busting underground mafia games.
Unfortunately, they have used the definition of "house cut" to prosecute people playing a home poker tournament where people threw down $5 a piece so the host could get pizza and drinks (in South Carolina, I believe). It doesn't happen often though, so I wouldn't worry about it.
2007-03-21 08:06:08 · answer #3 · answered by Sanjay M 4 · 2⤊ 0⤋
Gambling with friends is not illegal. It is only illegal if someone is taking a rake.
2007-03-21 08:00:15 · answer #4 · answered by closetcoon_fan 5 · 1⤊ 1⤋
Mostly taxes, greedy government.
2007-03-21 08:02:19 · answer #5 · answered by Anonymous · 0⤊ 0⤋