In the poker world, where the excitement of the game meets money matters, players sometimes struggle with understanding how taxes work. As the cards are dealt and the stakes rise, it becomes crucial for individual poker players—from casual enthusiasts to seasoned professionals—to comprehend their reporting obligations. Behind the scenes, overseeing this
The Wire Act has been a big part of the online poker laws storyline, despite its original intention that pertained to sports betting. Only in 2021 did the courts deliver clarity on the law’s wording that exempts online poker, lotteries, and casino games from the Wire Act’s scope. Understanding the
In today’s world, online privacy is a serious concern for everyone. Not only is your name, address, and phone number usually just an internet search away, your financial information is at risk with every single transaction. That seemingly innocuous Amazon order, your online payment of a utility bill, and your
Cheaters are as unwelcome to the poker community as a juggler at a funeral. But there are different shades of cheating, from the downright criminal to the only slightly scummy. In fact, the latter variety – let’s call it angle shooting -- exists precisely because it never quite crosses the
The Interstate Poker Compact's official name is the Multi-State Internet Gaming Agreement. Its acronym is MSIGA, and it is arguably the most important key to bringing online poker back to the United States market in a substantial way. MSIGA is an interstate poker compact, one that must be signed by
There are obvious differences between live and online poker, such as how and where people play them. There are then many, many contrasts between the two types of poker regarding the speed of play and skills involved to the types of events offered and their availability. Those are the topics
Cheaters are as unwelcome to the poker community as a juggler at a funeral. But there are different shades of online poker cheating, from the downright criminal to the only slightly scummy. In fact, the latter variety – let’s call it angle-shooting -- exists precisely because it never quite crosses
When most people in poker think of the end of the poker boom, they think of Black Friday. It was the Friday in April 2011 that the United States Department of Justice seized four of the largest poker sites in the world and indicted many of their executives on federal
The term is used often but deserves more attention beyond the words themselves: responsible gambling. There are many versions of a definition for responsible gambling or, as some now call it, safer gambling. Putting together the definitions from Canada’s Responsible Gambling Council (RGC), American Gaming Association (AGA), National Council on
Friday night. The beers are on ice. The poker chips are arranged in neat little stacks around the kitchen table. Pretzels are involved. It’s poker night again, and it’s a scene that is repeated every night in millions of homes across America. So, you spent the week memorizing the odds
Cryptocurrencies like Bitcoin are one of the best ways to deposit and withdraw from online poker sites. They have the advantage of offering extra-low transaction fees and super-fast settlement. Crypto transactions are also basically impossible to block. The only trick is that you need to actually acquire some crypto to
Intro The excitement of online poker, combined with the cutting-edge world of cryptocurrencies, including the powerhouse that is Bitcoin, has really changed the game. Ever since online poker started, one big challenge has been just getting money into your account in a quick and easy manner. People have tried all
