vpFREE2 Forums

Handpays on multi-line games?

#1

Are handpays on multi-line games based on each line or the total of all
lines?

For example if I'm dealt a $250 4 of a kind on a $1 5 line game, is that
a handpay?

Thanks,
Nate

#2

It's based on the payout for the results that you achieve for the complete deal. So the answer is yes you are collecting $1250 and that is taxable.

Regards
A.P.

···

________________________________
From: "Nate's Tickets nate@natestickets.com [vpFREE]" <vpFREE@yahoogroups.com>
To: vpFREE@yahoogroups.com
Sent: Tuesday, January 3, 2017 9:23 AM
Subject: [vpFREE] Handpays on multi-line games?

Are handpays on multi-line games based on each line or the total of all
lines?

For example if I'm dealt a $250 4 of a kind on a $1 5 line game, is that
a handpay?

Thanks,
Nate

#3

Total of all lines. W2Gs occur if total is $1200 or more which for big bettors (I am not) this can be a pain.

Example: A friend of mind who is a big bettor used to play 100 play 25c NSUD. ($125 total bet per deal.) A dealt straight flush triggered a W2G. I once asked him why not play just 95 lines to prevent this and he said he did not care.

···

On Tuesday, January 3, 2017 9:52 AM, “Albert Pearson eh…@…com [vpFREE]” <vpF…@…com> wrote:

It’s based on the payout for the results that you achieve for the complete deal. So the answer is yes you are collecting $1250 and that is taxable.

Regards

A.P.

From: “Nate’s Tickets n…@…com [vpFREE]” <vpF…@…com>

To: vpF…@…com

Sent: Tuesday, January 3, 2017 9:23 AM

Subject: [vpFREE] Handpays on multi-line games?

Are handpays on multi-line games based on each line or the total of all

lines?

For example if I’m dealt a $250 4 of a kind on a $1 5 line game, is that

a handpay?

Thanks,

Nate

#4

Howard wrote: “Total of all lines. W2Gs occur if total is $1200 or more which for big bettors (I am not) this can be a pain. Example:
A friend of mind who is a big bettor used to play 100 play 25c NSUD. ($125 total bet per deal.) A dealt straight flush triggered a W2G. I once asked him why not play just 95 lines to prevent this and he said he
did not care.”

A lot of people don’t understand the costs of getting W2G’s, they just give the info to their tax guy and pay the bill. The book “Tax Help for Gamblers” is a good place to start, if you haven’t already read it. And while you’re at it you should really read “The Law for Gamblers” to get a grip on the legal implications of entering a casino.