re: tax deduction question

Yes you should be able to offset loses with wins but not just loses alone. The tax situation for gambling is not really upfront and clear especially with all the new patrants who probably have no clue. When I've had a taxable wins I've never received any notification at that time nor was any tax withheld. If someone didn't read the 300 pages of terms and conditions they're in a for nice surprise when that W2G shows up.

I'm the situation B guy and it sucks. this rule needs to be revised.