« previous next »
Pages: [1]

Author Topic: NY Caesar’s App  (Read 13297 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?
Logged

Calhoun

  • Elite
  • ******
  • Posts: 15754
Re: NY Caesar’s App
« Reply #1 on: January 20, 2022, 06:22:47 PM »
Quote from: Emperor Dapple 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?
That $6,600 that is the bonus/match+winnings?  There's fine print on that.  Lots of it.  Get with their CS with questions. 
Logged
Pages: [1]
« previous next »
 

shout out

Refresh History
  • Sound off !
  • Lockedin with Pace: Next Sunday, Harrah's Philly has their (3) $100,000 Invitationals plus PA Sire Stake action so expect both Maximus Miki & Captain Optimistic in those races plue one of Ryder's mares.
    Today at 10:18:59 AM
  • Sweet: I have that program dowloaded too, yeh the Jurvfagski  ngc3 I'm following the 4 in the 4th Winchester Phoenix
    Today at 09:12:59 AM
  • JT: Lots of Mohawk drivers at Flamboro tonight including your favorite  ngc3
    Today at 09:07:10 AM
  • Sweet: In the tradition of the great Pick 5 & 6 handicapper / winner, JT, I've downloaded B@A, Gulfstream, Monmouth, Santa Anita, Churchill Downs, Woodbine and Mohawk.  I'm hunting for big Verticals!  ;D
    Today at 09:04:54 AM
  • JT: Her possible main competition also qualified, Miki and Minnie.. different race won in 152
    Today at 08:52:28 AM
  • Sweet: Instead of Dexter Dunn being a Bobble, he owns a piece of TBJF, and is not a race staging cheater.  I'm sure some of his elims were suspect though  ngc3
    Today at 08:50:38 AM
  • JT: Twin b joe fresh qualified at Meadowlands on Friday..finished 3rd..took a nice stroll around the track in 151
    Today at 08:49:06 AM
  • JT: Captain Optimistic and Maximus Miki race 10 at Philly in the open, 1st start of the year for both.
    Today at 08:46:54 AM
SimplePortal 2.3.7 © 2008-2026, SimplePortal