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Old 08-13-2010, 06:49 PM   #1351
gershte
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Re: Canadian Online Poker Tax Thread

Quote:
Originally Posted by Henry17 View Post
I don't understand what you are talking about because your english is horrible.

If the question is about super users then yes it is possible to catch them with statistical analysis.
No way. Superuser knows all cards. He has AA against KK of some reg. profitable player. Preflop all in. Superuser wins $100. Next hand it has KK against AA of some fish. Again Allin preflop. Fish wins $100. Result? Totally normal stats but room gets double rake and money will stay in room longer. Any superuser-bot exists just 10000-20000 hands. Could u catch it? Noway. Any stats anomaly doesn't exist.
Why government can't do the same? Because of personal risk of management. They don't have personal interest to do such things. Private room does.
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Old 08-13-2010, 06:56 PM   #1352
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Re: Canadian Online Poker Tax Thread

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Originally Posted by Rabidus View Post
Does PTR track Svenska Spel?
I'm not sure what your point is...has any scandal/bot ring been uncovered on Svenska Spel? We could never know. Just like we have no way to know if there are any bots running over there? That's the point.

Results should always be publicly available from an independent 3rd party or you'll never have even a shot of knowing if you're being cheated.
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Old 08-15-2010, 06:32 PM   #1353
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Re: Canadian Online Poker Tax Thread

They are doing a special on the OLG gambling on Focus Ontario right now.
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Old 08-16-2010, 11:30 PM   #1354
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Re: Canadian Online Poker Tax Thread

damn missed it ... any new or relevant information henry? most of the news coverage is pretty rudimentary at best. but i guess thats to be expected from main stream reporting on this.
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Old 08-17-2010, 06:20 AM   #1355
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Re: Canadian Online Poker Tax Thread

Not really. No one official was willing to speak. They interviewed some women who knew nothing about Ontario but is supposedly an expert on online gambling. She didn't say much and she needs desperate help with dressing herself. Then they had some NDP women on (apparently the leader) who was against it and how this is going to take money from the poor and make children evil gambling addicts.
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Old 08-17-2010, 07:37 AM   #1356
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Re: Canadian Online Poker Tax Thread

On an unrelated note to what is being discussed.. does anyone know of an accountant in Canada (preferably Montreal) that is well versed in poker regulations and taxes that has dealt with poker players before? I know in the US there's a couple of well known accountants who specialize in the poker industry.. never heard of one from around here. I think i need one for the next tax season.
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Old 08-17-2010, 12:09 PM   #1357
Rabidus
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Re: Canadian Online Poker Tax Thread

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Originally Posted by ebffs View Post
I'm not sure what your point is...has any scandal/bot ring been uncovered on Svenska Spel? We could never know. Just like we have no way to know if there are any bots running over there? That's the point.

Results should always be publicly available from an independent 3rd party or you'll never have even a shot of knowing if you're being cheated.

I didn't have a point, I was asking a question. Do you know the answer?
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Old 08-21-2010, 05:02 PM   #1358
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Re: Canadian Online Poker Tax Thread

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Originally Posted by gershte View Post
No way. Superuser knows all cards. He has AA against KK of some reg. profitable player. Preflop all in. Superuser wins $100. Next hand it has KK against AA of some fish. Again Allin preflop. Fish wins $100. Result? Totally normal stats but room gets double rake and money will stay in room longer. Any superuser-bot exists just 10000-20000 hands. Could u catch it? Noway. Any stats anomaly doesn't exist.
Why government can't do the same? Because of personal risk of management. They don't have personal interest to do such things. Private room does.
lol you are overthinking it and paranoid. If a superuser knew all the cards he is just as happy being dealt 72o as AA because he will just bluff people out. It would be very easy to catch hence why that scandal got caught.

The sites are very strict in controlling these things. They don't want a bad reputation there is too much money at stack. I can tell you your life story right now. You played some online poker, lost some buy ins and talked it over with your buddies over a beer who all had the same conspiracy theory that poker the rng is rigged and there are superusers everywhere conspiring against you
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Old 09-20-2010, 12:59 AM   #1359
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Re: Canadian Online Poker Tax Thread

So, I've read a bunch of this thread, but haven't really found any definitive answers.

Can someone give the cliffs notes on the "Do we pay tax on poker winnings" situation please?

Would really appreciate it.
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Old 09-20-2010, 08:16 AM   #1360
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Re: Canadian Online Poker Tax Thread

http://www.taxwiki.ca/file/view/taxwiki_ebook_1.pdf
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Old 09-20-2010, 09:32 PM   #1361
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Re: Canadian Online Poker Tax Thread

Off topic but thought someone here might have insight. Do you think there is any benefit to bank deposits being kept under 10k via Moneybookers or is there really no risk in having alarm bells from Canadian banks?
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Old 09-21-2010, 03:33 AM   #1362
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Re: Canadian Online Poker Tax Thread

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Originally Posted by TaxGuru View Post
this is very good by the way, I have been slowly reading it over the past few weeks - thanks!
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Old 09-21-2010, 03:34 AM   #1363
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Re: Canadian Online Poker Tax Thread

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Originally Posted by banalanal View Post
Off topic but thought someone here might have insight. Do you think there is any benefit to bank deposits being kept under 10k via Moneybookers or is there really no risk in having alarm bells from Canadian banks?
lawl
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Old 09-21-2010, 03:37 AM   #1364
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Re: Canadian Online Poker Tax Thread

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Originally Posted by YouSureSir View Post
lol you are overthinking it and paranoid. If a superuser knew all the cards he is just as happy being dealt 72o as AA because he will just bluff people out. It would be very easy to catch hence why that scandal got caught.

The sites are very strict in controlling these things. They don't want a bad reputation there is too much money at stack. I can tell you your life story right now. You played some online poker, lost some buy ins and talked it over with your buddies over a beer who all had the same conspiracy theory that poker the rng is rigged and there are superusers everywhere conspiring against you
yea, everything is definitely on the up and up, there are no superusers or colluders, never have been, all rng's are certainly perfectly random, all sites have been proven trustworthy, etc. etc. yeah for sure definitely 100%

"they already make enough money" so obv everything is perfect

I lawled

(/hijack, sorry)

Last edited by tiltymcfish0; 09-21-2010 at 03:39 AM. Reason: it's also perfect at the B&M casinos, it's all legit fair with no funny business
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Old 09-21-2010, 04:00 AM   #1365
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Re: Canadian Online Poker Tax Thread

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Originally Posted by tiltymcfish0 View Post
yea, everything is definitely on the up and up, there are no superusers or colluders, never have been, all rng's are certainly perfectly random, all sites have been proven trustworthy, etc. etc. yeah for sure definitely 100%

"they already make enough money" so obv everything is perfect

I lawled

(/hijack, sorry)
lol you take it so black and white kido. I said that it is very unlikely that sites are going to implement superusers. I never said colluding didn't happen or anything like that. I said that the sites are trying to stay within regulations on there own. Yes some make mistakes, but not purposefully like the previous guy suggested. Your the one to take it so extreme Anyways back to tax talk this does not need to continue in here,
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Old 09-21-2010, 05:54 AM   #1366
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Re: Canadian Online Poker Tax Thread

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Originally Posted by YouSureSir View Post
lol you take it so black and white kido. I said that it is very unlikely that sites are going to implement superusers. I never said colluding didn't happen or anything like that. I said that the sites are trying to stay within regulations on there own. Yes some make mistakes, but not purposefully like the previous guy suggested. Your the one to take it so extreme Anyways back to tax talk this does not need to continue in here,
just messing with ya/drunk trolling, sorry

here's a somewhat on topic question though - over/under on when something actually goes to court at a higher level a la Leblanc?

I know, I know - this is not the same as Leblanc... but that's the whole point really if Leblanc isn't adequate precedence.

I'm just wondering whether people think there might be a Leblanc equivalent, for poker specifically, on the horizon.
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Old 09-21-2010, 02:04 PM   #1367
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Re: Canadian Online Poker Tax Thread

Nobody has any thoughts? For Canadians depositing into their bank accounts via intermediaries such as Moneybookers, no good reason to keep deposits under 10k?
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Old 09-21-2010, 02:57 PM   #1368
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Re: Canadian Online Poker Tax Thread

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Nobody has any thoughts? For Canadians depositing into their bank accounts via intermediaries such as Moneybookers, no good reason to keep deposits under 10k?
This is a serious post? If you're consciously deciding to not pay tax then would it be a good idea to not transfer over 10K? Hmmmmm....well 30s on Google will teach you that transfers over 10k in a 24hour period are subject to being reported by your bank.....so maybe this is one you can work out on your own. Maybe no need for a public forum discussion on it?
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Old 09-21-2010, 03:33 PM   #1369
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Re: Canadian Online Poker Tax Thread

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Originally Posted by ebffs View Post
This is a serious post? If you're consciously deciding to not pay tax then would it be a good idea to not transfer over 10K? Hmmmmm....well 30s on Google will teach you that transfers over 10k in a 24hour period are subject to being reported by your bank.....so maybe this is one you can work out on your own. Maybe no need for a public forum discussion on it?
Actually just thinking about it for 30s:

a) 10k+ set off red flags
b) < 10k don't set off red flags

One has potential for trouble, the other much less so. Nothing might happen in either case, but what's your reason to take the chance? It's not like they pick a random number like 10k and then say "10k international transfer, meh, I gotta make a Tim's run."

Last edited by JH1; 09-21-2010 at 03:38 PM.
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Old 09-21-2010, 03:48 PM   #1370
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Re: Canadian Online Poker Tax Thread

For what it's worth, I believe the software that scans for these sort of transaction can also flag/identify multiple deposits. i.e. I don't want to deposit 21k at once to avoid the 10k limit, so I put it in as 3-7k deposits.
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Old 09-21-2010, 04:48 PM   #1371
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Re: Canadian Online Poker Tax Thread

You can also attract attention by having transactions just under the 10k, or regular unexplained transactions of any amount or more than occasional transactions with an unknown other party.

You are probably better off with 1 100k transfer than 20 5k transfers if you are seeking to avoid attention.
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Old 09-21-2010, 04:51 PM   #1372
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Re: Canadian Online Poker Tax Thread

Clearly 10 transactions of $9,999.99 would be best, amirite?

Last edited by Bobo Fett; 09-21-2010 at 04:52 PM. Reason: Just in case...yes, banal, I was joking.
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Old 09-21-2010, 04:58 PM   #1373
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Re: Canadian Online Poker Tax Thread

My aunt is a bank manager and she told me she is required to report any suspicious CASH transaction regardless of the amount and they are under no obligation to report electronic transactions at all.

It sounds like people believe there is some kind of third party monitoring system which may be the case but that sounds like it would be a breach of our privacy wouldn't it?
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Old 09-21-2010, 05:09 PM   #1374
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Re: Canadian Online Poker Tax Thread

Yes lets all start structuring our transactions. Jesus christ people how long do you want to go to prison? One big transaction is way less sketchy and in line with how you would act as a casual player.
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Old 09-21-2010, 06:04 PM   #1375
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Re: Canadian Online Poker Tax Thread

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My aunt is a bank manager and she told me she is required to report any suspicious CASH transaction regardless of the amount and they are under no obligation to report electronic transactions at all.

It sounds like people believe there is some kind of third party monitoring system which may be the case but that sounds like it would be a breach of our privacy wouldn't it?
I believe people are saying the monitoring system is something run by revenue canada, not the banks per se. But I'm not sure. This thread has been going for years and I'm still confused.
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