Author Topic: NY Caesar’s App  (Read 16964 times)

0 Members and 1 Guest are viewing this topic.

Emperor Dapple

  • Stakes Horse
  • *****
  • Posts: 1204
NY Caesar’s App
« on: January 19, 2022, 09:21:51 AM »
Question..The Caesars app offering up to $3000 match and $300 sign up bonus here in NY.. My son did the full $3K deposit and then had $6300 to use..Long story short he made one bet for the full $6300 and won on a -110 odds .. His account now has around $12K… My question is for those of you with experience, do you know if there are tax consequences being that half of the bet he made was used with promotional money or are taxes only held on 300-1 odds?

Calhoun

  • Elite
  • ******
  • Posts: 16030
Re: NY Caesar’s App
« Reply #1 on: January 20, 2022, 06:22:47 PM »
Question..The Caesars app offering up to $3000 match and $300 sign up bonus here in NY.. My son did the full $3K deposit and then had $6300 to use..Long story short he made one bet for the full $6300 and won on a -110 odds .. His account now has around $12K… My question is for those of you with experience, do you know if there are tax consequences being that half of the bet he made was used with promotional money or are taxes only held on 300-1 odds?
That $6,600 that is the bonus/match+winnings?  There's fine print on that.  Lots of it.  Get with their CS with questions. 

 

shout out

Refresh History
  • Sound off !
  • Sweet: Plop HOF not an ugly mouse contest, stand down rodents  ngc3
    Today at 08:35:58 PM
  • Kirby's Ace: 73cv.2
    Today at 06:24:27 PM
  • Kirby's Cousin: The best part is, it has 10 cent peep shows.
    Today at 06:22:20 PM
  • Kirby's Ace: Ever since that new Gay bar opened in Pompano he thinks his balls have dropped! 73cv.2
    Today at 06:20:41 PM
  • Calhoun: He's all yours.  ngc3 ngc3 ngc3
    Today at 06:15:51 PM
  • Kirby's Ace: You MAN WHORE!
    Today at 06:10:25 PM
  • Kirby's Ace: SWqweet. You two timing on me! I thouight i was special!
    Today at 06:09:07 PM
  • Calhoun: Manny Franco .. first ever to win 6 in a row at Saratoga ...  tmbz1
    Today at 05:52:35 PM
SimplePortal 2.3.7 © 2008-2026, SimplePortal