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Question of the Week Archive (10+ years)

SAM SCAM -CT

Some SAM's in CT randomly print out bets before you
are done completing all of your same pool wagers.
When entering trifecta bets the SAM will either
1.Print after the ticket is "full" - 4 bets-
2. Or randomly print out 1,2 or 3 bets on the ticket.

This is a problem with the new IRS withholding rules.

The machine should not print until you want it to
or until the ticket is "full".

First they have to fix the problem immediately with the random print
outs. Secondly the have to have a way to make the ticket longer to accommodate
all of the same pool bets.

Or you should be able to show all of your same pool tickets
to prove how much you bet into the pool.

I know none of this is a problem if you have an online account because
it accounts for how much you bet into one pool.

I'm pretty sure the "new" rules consider the inclusion of a better's
entire investment in a single pari-mutual pool when determining the
amount reported for tax purposes,as opposed to only the amount wagered
on the correct result.

Thoughts???



Replies:
    • OR...... -
    • Re(1): SAM SCAM -CT -
      • IRS RULES -


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