Signer question

[SilverRP]

Ok, thought it was, but wasn't sure. Won't complain though. Thanks!

[Scav]

$2 ticket can pay up to $599 before you are signing
$1 ticket can pay up to $599 before you are signing
50 cent ticket can pay up to $599 before you are signing
10 cent ticket can pay up to $599 before you are signing

Great hit!

[my miss storm cat]

That's awesome!

Congrats.

[trackrat59]

Super hit. Congrats.

[justindew]

It's nice to see that the Redboard Police are out living it up on a Saturday night. I hate those guys.

[Dahoss]

Originally Posted by justindew

I hate those guys.

Trust me....the feeling is mutual.

Congratulations. I cut my cock and balls off too. Only redboards from here on out.

[SilverRP]

Originally Posted by Scav

$2 ticket can pay up to $599 before you are signing
$1 ticket can pay up to $599 before you are signing
50 cent ticket can pay up to $599 before you are signing
10 cent ticket can pay up to $599 before you are signing

Great hit!

I really thought it was different depending on the amount of the bet. Also, sorry for the redboarding. I really didn't mean to do it. Just wanted to know before I go back to track tomorrow so I'd have a clue of what to expect. Been so close with my small bets, but finally came through. Had a lot of luck. I was sweating bullets during the inquiry in the Big Cap. Thanks everyone!

[Port Conway Lane]

Originally Posted by SilverRP

I really thought it was different depending on the amount of the bet. Also, sorry for the redboarding. I really didn't mean to do it. Just wanted to know before I go back to track tomorrow so I'd have a clue of what to expect. Been so close with my small bets, but finally came through. Had a lot of luck. I was sweating bullets during the inquiry in the Big Cap. Thanks everyone!

One advantage of wagering on track is that if you cash multiple tickets just below the signing threshold you can redeem them at different windows. The same wagers made online will be reported to the irs.

Nice hit and really clever redboard

[herkhorse]

Originally Posted by Port Conway Lane

One advantage of wagering on track is that if you cash multiple tickets just below the signing threshold you can redeem them at different windows. The same wagers made online will be reported to the irs.

Is this true? If it is, and someone has ten .50 tickets worth say 550.00 each, does the IRS come knocking on their door demanding the taxes up front?

[Kasept]

Originally Posted by herkhorse

Is this true? If it is, and someone has ten .50 tickets worth say 550.00 each, does the IRS come knocking on their door demanding the taxes up front?

Originally Posted by Port Conway Lane

One advantage of wagering on track is that if you cash multiple tickets just below the signing threshold you can redeem them at different windows. The same wagers made online will be reported to the irs.

If you are going to use the cashing at different windows gambit, you better BUY the tickets at several different machines. The imprinting on the tickets identifies the unit that punched them. If there were 10 plays at minimum and they were all punched at the same machine, self serv or not, the pattern is easily identified. It can be deduced that the same person person bought all of them in the specific attempt at tax avoidance. A couple years ago, the state government forced NYRA to send a letter to players that similar efforts with online accounts would have to be reported.

[Port Conway Lane]

Originally Posted by herkhorse

Is this true? If it is, and someone has ten .50 tickets worth say 550.00 each, does the IRS come knocking on their door demanding the taxes up front?

The ADW provider will withold the taxes.

Originally Posted by Kasept

If you are going to use the cashing at different windows gambit, you better BUY the tickets at several different machines. The imprinting on the tickets identifies the unit that punched them. If there were 10 plays at minimum and they were all punched at the same machine, self serv or not, the pattern is easily identified. It can be deduced that the same person person bought all of them in the specific attempt at tax avoidance. A couple years ago, the state government forced NYRA to send a letter to players that similar efforts with online accounts would have to be reported.

I would think it would be more difficult to enforce witholding on these tickets.
This would require that an attempt to cash any of them would send a red flag to the teller immediatly.

Thanks for the heads up.