Up to now I have avoided any play that would cause a W2G to be issued
(with the exception of 10 play FPDB nickels, which would give me a W2G
if I got a dealt RF--a very long shot). I only play quarters and
never play a prog. if it is over $1199. I am strongly tempted to move
up to dollars but that tax bite bothers me. I would lose 37% on the
RF, which brings the EV down to well below 100%.
I realize that wins can be offset by losses, but the point of
advantage VP is that you will probably win over the course of a year,
so your wins will be taxed. Short of tax fraud, am I doomed to play
no higher that quarters forever?
George in SF