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08-05-2007, 10:22 AM
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Poker Expert
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Join Date: Jul 2007
Posts: 1,325
Limits Played: $0.05-$0.10 NL
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well playing online underage
Im not playing online cause I am underage, but Ive had many friends ive met online and in general that have said that they started playing online at like 15, 16......they are older now, but they started then, the one is like 20,all they did was asked their parents or whatever....and one told me I could go to a local walgreens and get a pre paid credit card and play online, and they wouldnt know, any winnings over 10 k report on taxes, and that when you withdraw money they just said send you a check, is this true and is it worth it to play online underage, would they catch u?
im not right now just play money but just wondering if this is true
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08-05-2007, 10:47 AM
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Poker Professional
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Join Date: Oct 2006
Location: PFO
Posts: 1,756
Limits Played: Play Money
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lol....half the players on this forum is under 21...shit we got a 19 year old pro
__________________
congrats TA
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StaffBryanS [Host]: tEh_R3aLde4L, for you it's $121,688.14 and the coveted title of Sunday Million Champion.... congratulations!
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08-05-2007, 10:51 AM
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Poker Expert
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Join Date: Jul 2007
Posts: 1,325
Limits Played: $0.05-$0.10 NL
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I know but my friend said Pokerstars doesnt matter unless going for a live event, cause they arent based in the US, so no age matters....they just say 18, so is it worth it, to just play as an 18 19 year old and get on and play?i m just saying cause im UNDER 18....so is it true what he tells me? he says most of the best up coming players are under 21, and even under 18 up and coming
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08-05-2007, 10:54 AM
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Poker Professional
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Join Date: Oct 2006
Location: PFO
Posts: 1,756
Limits Played: Play Money
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i dont think its a big deal really
__________________
congrats TA
Quote:
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StaffBryanS [Host]: tEh_R3aLde4L, for you it's $121,688.14 and the coveted title of Sunday Million Champion.... congratulations!
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08-05-2007, 10:59 AM
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Poker Expert
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Join Date: Jul 2004
Location: united states
Posts: 1,381
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I have never heard of that if the winnings are over 10k they get reported..even online ??
anyways I don't think you could use a pre paid card for online poker sites could you ?? ( depending on site ??)
Ive heard stories that people under 21 used their parents CC and used their name to play online.
but who knows if thats true
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08-05-2007, 11:01 AM
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Poker Professional
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Join Date: Oct 2006
Location: PFO
Posts: 1,756
Limits Played: Play Money
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the cards your talking about are visa gift2go cards
__________________
congrats TA
Quote:
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StaffBryanS [Host]: tEh_R3aLde4L, for you it's $121,688.14 and the coveted title of Sunday Million Champion.... congratulations!
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08-05-2007, 11:53 AM
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Poker Expert
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Join Date: Jul 2007
Posts: 1,325
Limits Played: $0.05-$0.10 NL
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can u get those in any stores and theyll work on PS?....
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08-05-2007, 12:02 PM
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Poker Expert
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Join Date: Aug 2006
Posts: 1,420
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The sites do not report your winning to the IRS, they are foreign based companies.
The danger of not reporting your winnings is that they enter your bank account sometime. Were you to get an audit for whatever reason, they will go back over your bank statements, which will have unclaimed deposits. A few small deposits won't matter, but consistent deposits, or a large single deposit, will.
__________________
If you are one in a million, there's eight just like you in Manhattan.
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08-05-2007, 12:17 PM
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Poker Expert
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Join Date: Jul 2007
Posts: 1,325
Limits Played: $0.05-$0.10 NL
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no he said I could use my real name no matter what, and all I have to do is any winnings over 10k (i think for the year) need to be reported....or something like that, because its pretty much a job....thats how hes done it and said thats how anyone is suppose to do it
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08-05-2007, 12:34 PM
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Chaser
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Join Date: Jul 2007
Location: Texas
Posts: 192
Limits Played: $0.50-$1 NL
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who's teh 19 yr old pro?
didn't know you had to report winnings over 10k....interesting...
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