Draftkings has a "King of the Court" thing for the NBA where you place a bet on a player prop with -500 minimum odds, and if that player leads the league in P+R+A for that day, you get a share of $1M in bonus bets. I picked Luka points last night and lost the bet, but got a $36 bonus bet. Taking Giannis tonight

10/25/2024 5:23:41 PM

Trae Young won it last night and it looks like the bonus bets were $290. So while guys like Luka and Jokic are probably safer bets, the bonus bets will be lower for them if more people pick them. But I'm going with Jokic today.

10/26/2024 9:40:58 AM

Aww man you said we were going to sizzler

10/26/2024 12:05:52 PM

taking Harden tonight

10/27/2024 3:18:36 PM

Interesting about the DK thing, I will try that tonight.

Another successful parlay of overs/unders. Getting good at those early in the year. 4 pick parlay hit last night. I'm hammering anything in the 200s for over.

10/30/2024 9:22:41 AM

I received a $240 bonus bet for picking Devin Booker in King of the Court last night

11/1/2024 12:28:50 PM

yolo'd my bonus bet on OKC -11 vs POR. Looks like Zion was the play tonight if my math is correct, so I lost $0.10 on Jokic but won $208.69 on the bonus bet.

11/2/2024 12:34:26 AM

King of the Court is back, but now you have to do a $5 minimum bet with -200 minimum odds. Going Anthony Davis tonight.

11/13/2024 5:14:59 PM

i got Mikko Rantanen to score a hockey goal boosted to +220 on DK tonight

almost all the dk promos are parlays now and i dont do those. sad

11/13/2024 6:25:02 PM

looks like Giannis was the play lol. 59 points, 14 rebounds, 7 assists.

11/13/2024 11:17:26 PM

in a slump. made some small bets on Tyson and Stipe knocking out Jones and Paul.

11/15/2024 9:14:22 AM

I saw Erin Pare is trying to pass a law to make our taxes easier https://www.wral.com/story/north-carolina-sets-sports-betting-record-in-october-total-wagered-eclipses-600-million/21719101/ so hopefully that works out.

11/15/2024 12:56:53 PM

^

Quote :

""Once we found out that we're just getting taxed on winnings and can't deduct our losses like the federal way, we just stopped because it's tough enough to beat the sportsbook, much less the state," he said."

not being able to deduct losses is total BS. if you won $10k but lost $11k in the year not only did you lose $1k to the app but now you owe NC taxes on the $10k



[Edited on November 17, 2024 at 7:55 AM. Reason : bs]

11/17/2024 7:50:59 AM

1 Giannis rebound away from hitting an 11 leg SGP turning $5 to $280. Classic.

11/23/2024 10:39:25 PM

^^good. gambling losses should not be tax deductible.

11/23/2024 10:45:32 PM

Why should they be tax deductible is a better question

11/23/2024 11:12:14 PM

It's not that you should specifically be able to deduct your losses. It's that you should be taxed on your net winnings. If you go into a casino and win $1000, and then bet $900 on a hand of poker and lose, your net wins/losses is $100. And you're taxed on $100. You aren't taxed on the $1000 win.

It would be like if you owned stocks and you were taxed every time they gained value, even if they then lost value.

11/23/2024 11:59:22 PM

However stocks and big league games are quite different, no?

11/24/2024 12:25:06 AM

I mean, they're both just betting on what you think will happen. If you buy into a $1000 poker game in Vegas, and you get your chips up to $2500, but eventually go all in and lose.. Should you have to pay taxes on $2500 of temporary chips ,even though the actual net result is you lose $1000?

11/24/2024 2:00:19 AM

Quote :

"If you go into a casino and win $1000, and then bet $900 on a hand of poker and lose, your net wins/losses is $100. And you're taxed on $100. You aren't taxed on the $1000 win"

or since most people dont win its more likely you lost $1100 after winning $1000.

many thousands of people in NC are going to be surprised and pissed when they get a w2 showing winnings when they actually lost

11/24/2024 9:13:43 AM

Realistically there's no way to maintain sports betting if the losses can't be deducted. The system is already built such that you need to win 55% of bets to break even and if you can't deduct losses then there is no way to be profitable.

11/24/2024 9:10:14 PM

(gambling isn't meant to be profitable to anyone but the people taking the bets)

11/25/2024 1:20:48 AM

^Making the people who take the bets lose money is very easy, it's just not worth my time if I also lose money as well due to how it's taxed.

11/25/2024 12:17:25 PM

revisiting some of my futures

Vikings under 7.5 wins dumb L
Arizona wins Big 12 +1400 L
Oregon wins Big Ten +225 W
Jets over 9.5 wins L
Colorado under 5.5 wins L but I did get in on Travis Hunter for Heisman at +2500
NC State over 8.5 wins L
Georgia wins SEC +200 W
Panthers over 4.5 wins maybe?

12/8/2024 12:00:53 AM

Ohio State -8.5
OSU/ND UNDER 45.5

1/20/2025 7:33:30 PM

DK had the coin flip with no juice. won $82, the amount i was down in 2025 with tails

good advice to not chase losses but it works until it doesnt

[Edited on February 10, 2025 at 6:21 AM. Reason : dk]

2/10/2025 6:18:28 AM

won $100 in (4 $25 bonus bets) in king of the endzone for the super bowl, also won the TD bet that got the bonus bet. ESPN king of the end zone is longest TD score.

turned 100 in bonus bets into 213.50 on some parlays. had Brunson and Durant first score, Durnat
didn't hit. would have been +$1250.

ESPNBet cash is way up hit a $150 parlay DUKE and the over vs UNC and won $480 + $85 duke moneyline bet. if i lost i'd zero out my ESPNbet.

my DK i'm down 300 on the year, but way up overall. save by some super bowl bets, was down 500.

what the hell do i do about taxes. i should have put my accounts under my mama's name.

2/12/2025 9:27:19 AM

Copying from facebook, hoping for some translation help

Quote :

"A bettor in Kansas turned $10 into $484,223.25 on a 17-leg NBA Parlay last night Lakers -13.5 (-110) Warriors -6 (-115) Hawks +5 (-110) Celtics -5.5 (-110) Nuggets -9 (-110) Thunder -15.5 (-110) Cavaliers -9 (-110) Wizards +11.5 (-110) Kings +1 (-110) Nets ML (-170) Celtics-Heat UNDER 219 (-110) Timberwolves-Cavaliers OVER 228.5 (-110) Trail Blazers-Nuggets OVER 233 (-110) Hawks-Magic UNDER 221.5 (-110) Pelicans-Thunder OVER 235 (-110) Kings-Mavericks OVER 237.5 (-110) Spurs-Wizards Over 235.5 (-110)"

.5^17 seems pretty small odds of getting everything right

2/12/2025 6:29:29 PM

^thats why it pays so much

^^

Quote :

"Report gambling winnings on Form W-2G if: The winnings (not reduced by the wager) are $1,200 or more from a bingo game or slot machine; The winnings (reduced by the wager) are $1,500 or more from a keno game; The winnings (reduced by the wager or buy-in) are more than $5,000 from a poker tournament; The winnings (except winnings from bingo, slot machines, keno, and poker tournaments) reduced, at the option of the payer, by the wager are: $600 or more, and At least 300 times the amount of the wager; or The winnings are subject to federal income tax withholding (either regular gambling withholding or backup withholding)."

looks like dont have to report over $600 if its not 300 times amount of wager

https://www.irs.gov/instructions/iw2g

not legal advice

[Edited on February 13, 2025 at 6:30 AM. Reason : b]

2/13/2025 6:27:16 AM

That’s federal. I think it’s different for state

2/13/2025 8:11:32 AM

i'm 1100 on DK, ~500 on another a those are monies pulled out.

i do have loses in some others

2/13/2025 8:49:15 AM

Hopefully this passes

https://www.cbs17.com/news/north-carolina-news/nc-representative-files-bill-to-deduct-gambling-losses-on-state-tax-return/

2/13/2025 9:45:54 AM

def heard about that. pretty fucking stupid.

2/13/2025 2:41:55 PM

nascar is back!

sat:
18 top 5 +320

sun:
24 h2h 5 +100
22 h2h 12 -110

2/15/2025 1:04:01 PM

threw a little on Erik Jones to win the race at +3500. Not bad odds considering he's starting 4th.

[Edited on February 16, 2025 at 10:16 AM. Reason : Ty Dillon at +6500]

2/16/2025 10:14:45 AM

^cool

DK is letting folks parlay top 10 finishes, someone won $1m doing those on fanduel recently

2/16/2025 12:39:07 PM

ended up making $8 on nascar, if mcdowells would have finished 10th vs 11th would have been $125 more

[Edited on February 17, 2025 at 6:33 AM. Reason : m]

2/17/2025 6:31:48 AM

ESPNBet has our women's team at +20000 to win it all. By far the best odds of any of the books in NC.

2/24/2025 1:42:35 AM

FanDuel let me cash out my $5 bet for NC State men's bball to win it all (placed back in July) for $0.34. Those morons don't realize we're already mathematically eliminated

3/8/2025 6:47:34 PM

Haha thats awesome

3/8/2025 9:06:34 PM

got pack womens +450 at 1pm LFG

3/9/2025 10:50:14 AM

^14 point lead for pack and they lost by 14. sad

the 38 was fastest in 20 lap average in practice, took him +900 for a top 10 and won over $100 w00t

[Edited on March 9, 2025 at 7:40 PM. Reason : 38]

3/9/2025 7:40:31 PM

the rims in charlotte were not kind yesterday. going with the under all 4 games today

3/12/2025 6:03:13 AM

^i hit 4 out of the 5 unders in charlotte i bet on, going to ride the trend until it stops working. went with unders all 4 games today

3/13/2025 6:42:28 AM

tailing

[Edited on March 13, 2025 at 9:59 AM. Reason : but nervous about Duke, they have gone over the last few games]

3/13/2025 9:47:51 AM

^^6 for 9 now, undecided if i should quit while im ahead

holes are +270 and duke has one or two players out hmmm

[Edited on March 14, 2025 at 6:54 AM. Reason : f]

3/14/2025 6:53:39 AM

Where can I go to bet on Ryan Odom and Justin Gainey being NCSU's next bball coach?

3/14/2025 12:22:00 PM

Fanduel has a 30% boost each day on picking underdogs. Hit yesterday with BYU. Going with a huge dog today in Ole Miss over Auburn

3/14/2025 1:03:38 PM

3/19/2025 5:38:58 PM

^table tennis is crack lol

im 9 of 13 now in over / unders in march

got:
holes ML -122 fri
5 h2h 45 -125 sunday
duke womeds +7500 champs
pack womeds +6000 champs

[Edited on March 20, 2025 at 7:10 AM. Reason : g]

3/20/2025 7:04:23 AM