anyone have good info or is currently enrolled or about to be in an MBA program? if so, can I hear some thoughts on this life path/lifestyle? thanks

nsoshnsosh

Dwan: "What happens if I win a thoudans bets?"
Ivey: "I'm gonna finish my 100k hands. you could be up a thousand bets easy"
Dwan: "OK"
Ivey: "so?"
Dwan: "it's a hundred million"
Ivey: "Cmon Tom, dont worry about it"


That convo was so baller, I almost came.

You are still doing undergrad right?

I personally wouldn't consider it before you have 5 years work experience. A lot of the material taught is not especially academic, but relies on the participants having work experience to generate situations for discussion.

Also after 5 years you know if you are a corporate high flyer in which case your future potential earnings are more likely to justify the fees.

Even then, I think it is far from clear whether they represent good value. In the old days people literally walked into senior management roles. Now it is seen much more as a standard part of the career path and you will be slotted straight back into the middle management environment you left from.

Also it is probably only worth going to a school with a very good reputation, and one with a focus on the area you are interested in. I went to a school which is considered quite good, but people that wanted to get into banking were pretty sorely disappointed as the careers department didn't really have a toehold.

Sorry, thats a really dull read. Go Seacows!!

Im not 100% but I think if you didnt cash you could right off the loss as a lost investment. what i am 100% about is that everyone who makes money has to pay taxes off the stake.

saying i bought 50% you kept 50%. you then cash for $210k. after the initial investment there is a $200k profit that we split evenly. once it is split, we each then pay taxes on $100k. so essentially we eached locked up a $23.5k win after taxes.


was sick, those 2 seem to have crazy baller status.

every april after we should be golfing jan-march this happens. it usually happens earlier in April. early April we did get a cold rain i just figured we it didnt get cold enough this year for our April snow.

It seems as though there are two methods:

A) Pay taxes on everything immediately.
B) Have all investors fill out a form that shows what money is going where, and have all investors handle their own taxes individually.

winner distributes a form 1099 to all stake holders with their earnings check. winner also files a 1099int form to the IRS....so the fed knows who owes what.

This can't be right? I don't know how much tax you're paying over there, but that sounds like one helluva tax rate.

As for a related question.... what would happen to the tax situation if a UK resident staked a US resident? Would the US guy have to pay taxes on his winnings then give the UK guy his share, or could the UK just take his share tax free?

it was a joke, but a pretty scary one if you were thinking it could be true, amirite?

Lol, didn't think it was true but I know you've got some pretty crazy laws over there regarding gambling. My humour detector misfired, and I just figured you'd mistyped, but then again I have no idea what kind of rate you're getting taxed at in the US.

X-post:

I know ideally, we'd all like instant bonuses. Barring that, it sucks that bonuses that we buy with hard earned points or medals expire. Apparently, clearing the bigger BC bonuses require more volume than maintaining BC itself. I think I have a reasonable solution, I posted it in the latest answer's thread. If you agree, please give it a +1:

http://forumserver.twoplustwo.com/sh...&postcount=480

So...if say I wanted to go away for a week or two and take some time off...after I have purchased a 5k bonus some time ago...under your suggestion my bonus would expire and I would lose the rest of it?

Yes, SA16. If you had no way of logging on and getting a few points, obviously that would suck. You would have to just plan the times you buy your bonuses after vacations. Obviously that's a hindrance, but I just know that I can't buy bigger bonuses I can afford because there's no way I can increase my volume to clear them, and to me, that's a trade-off I can accept.

Maybe a monthly minimum is better? Just wanted to suggest something FT would actually consider, instead of yelling "Instant bonuses!" like 95% of the zoo does.

Instant bonuses is the best solution!

yeah that idea kind of blows man. if i get the flu for a week by bonus expires? cmon man did you even think it through before posting?

i mean seriously, i prefer all the 95% ppl yelling instant bonuses to THAT idea.

If you want to suggest something suggest that bonuses don't expire. PERIOD. except maybe after like 12 months.

Yea I think monthly would be a lot better...but still not a huge fan

OK, cool. Next time I'll get feedback from the reg threads before posting in the answers thread, so my apologies for that.

An offering:

who remembers what we were talking about?

and i ****ing hate happy hour!! FTP, keep the ****ing points. game selecting becomes ****ing impossible because all the waitlists go 80 deep not to mention it is a reg fest anyways. go **** yourself happy hour, from now on the only happy hours i am having are at a bar or a massage parlour and im on the wagon again!! or off it, which ever one means i quit drinking until i start drinking again.

and for the record i now remember what we were talking about and i dont think it was a terrible idea, but yes weekly might be a little much.

dickkemp valuable addition to ftp thread, glad you abandoned the SNE lifestyle and decided to bink MTTs instead

I prefer instant, but what I'd really like to see a change with are MGR hits. It makes no sense for a bonus to be affected by MGR/rakeback.

And considering the lack of transparency that FT makes with MGR, its something that makes me feel dirty taking a part of.

I've had a dozen bounced/rejected withdrawal attempts this year. FT and my affiliate have hit my MGR for ~$32 each time and only given me a refund once. They also dip into your MGR when the bounced withdrawal is put back into your account because its considered a deposit. And for some reason FT/affiliate thinks they are entitled to hitting your MGR/rakeback for deposits. Its just a never ending cycle of our money being skimmed at every opportunity. We're being nickel and dimed by millionaires that we already pay thousands of dollars to every week in rake.

A $5000 bonus should be a $5000 bonus. Not a bunch of slow $20 bonuses, and not a $3650 bonus after MGR/rakeback. Five F'ing thousand dollars. I don't want to do the math, but I'm wondering just how much $ the average player pays in rake while clearing one of those bonuses, and also how much $ the average player bets to clear one. We're getting screwed at every opportunity.



You don't need the permission of the peanut gallery before you post. No one here is your momma.

Actually Im his daddy. How are things son?

completely agree with every word of that post and i've also had 4 withdrawals canceled while still taking the MGR hit for them this year. supernova looking pretty good imo