Quote:
Originally Posted by PokerHero77
I don’t think it will change anything.
Previously they never asked your SS # and never issued W2 G for any net winnings of $5000 or under this were not reported too IRS.
And that will be same for this year too.
* As per Kevin Mathers, “we know payouts will work like this:
….Satellites with a seat value less than $5,000 will award casino chips (the same chips used for cash games) to all winners. There may be certain events that award direct-entry seats as well. “
* I don’t foresee any problems for casing casino chips , unless some special chips or procedures we don’t know yet.
I don’t see any problem for 90% of the players as they are under $5000 winners.
Other over net $5000 winners were reported previously anyway.