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Dumb Niners Fan on reddit puts all his money on niners parlay bet with bengals

Jase

By Jase,
in Carolina Panthers

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pnthrs Apprentice

pnthrs

Posted
Posted

224k in winnings on a 65k bet? So he will be taxed on 159k of income and assuming he makes 81k a year (which is likely a given since he saved up 65k to gamble with) he will pay appx 43% tax on it so his 159k winnings turns into 90.63k.  Not exactly enough to buy a place in "The bay area" and PSLs for the new SF stadium.  

 

Just dumb. 

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Kelp Newbie

Kelp

Posted
Posted

I'm so pumped for this. ALL of my friends are fuggin niner fans. They are everywhere here on the west coast since they started winning.

The Seahawks/Niners bandwagon fans could be the worst I've ever seen.

If we win, I will probably lose some friends and get in some fights at candlestick. I don't even care.

But if we lose I'm hiding and drinking myself to death.

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Panthro Community Regular

Panthro

Posted
Posted

224k in winnings on a 65k bet? So he will be taxed on 159k of income and assuming he makes 81k a year (which is likely a given since he saved up 65k to gamble with) he will pay appx 43% tax on it so his 159k winnings turns into 90.63k.  Not exactly enough to buy a place in "The bay area" and PSLs for the new SF stadium.  

 

Just dumb. 

 

you pay taxes on offshore gambling?

 

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mwright350 Rising Star

mwright350

Posted
Posted

There are bets, there are dumb bets, then there is this bet.

 

Even if you have enough faith in the 49ers to take them -6 over the Panthers (who should not lose by more than 6 if we do lose given our defense...) your 2nd action is on the Bengals / Ravens?  The Bengals might come out and rip the Ravens a new one but there's an equal chance they come out flat and get stomped.  I don't get it.

 

I keep looking at it hoping, for that guy's sake, it's fake.

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