You are correct, sir. While some US casinos don't tax you if your net winnings are not over U$5,000, Seneca is the worst casino in the entire world for a Canadian to buy into a tournament, as you will be taxed 30% on ANY winnings, including a min-cash!
Unless you have enough provable losses to LEGALLY offset your poker winnings, then you are SOL. After I got victimized myself, I will obviously never buy into a Seneca tournament ever again.
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Originally Posted by JewBear
So there basically isn't any point in going? Anyone else have any input on this?