Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 - 8/23/10... “Life’s most urgent question is: what are you doing for others?” — Martin Luther King, Jr.
Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 - 8/23/10... “Life’s most urgent question is: what are you doing for others?” — Martin Luther King, Jr.
Oh yeah, I don't record anything where the EITS is present, either bathroom or car. If you absolutely need to record something while on the floor and can't go to the bathroom, you could try to figure out a code-type thing. Sometimes I send a message when I enter a casino (or table) and send another when I leave (to an email of mine) for an easy way to keep track of start/end times. I'm sure you can think of other tricks so if they zoom in on your phone, they'll just read "Hey Martha, don't forget to feed the cats at 2:30 on Friday!" Oh, wadd'ya know, there are 4 keywords that tell you how much you won/lost, how many hours you played, heat level, and the casino you played (or w/e else you want to keep track of).
"Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]
All gambling sessions with a net win are required to be reported on form 1040, while losing sessions are reported on schedule A. If you're a professional, you report everything on schedule C. You are required to keep records for any income or deduction: http://www.irs.gov/taxtopics/tc305.html
"Records such as receipts, canceled checks, and other documents that support an item of income or a deduction, or a credit appearing on a return must be kept so long as they may become material in the administration of any internal revenue law, which generally will be until the period of limitation expires for that return. For assessment of tax you owe, this generally is 3 years from the date you filed the return. Returns filed before the due date are treated as filed on the due date"
The Cash Cow.
That's good advice (they can see your cell phone from different angles). I had a friend let me in on this at the beginning of my play, and I thought he was nuts. Since then I have the screen "brightness" turned way down (thanks for the help on that kids...), and only get it out if there is a wall I can turn my back to and hold it at 90 degrees to the floor. Otherwise, keep your notes in your head and record it in the bathroom. Here is what I keep:
Each shoe: Dealer and pit name, including physical description, cut depth, speed of dealing, number of hands at different counts (approx), wonged in/out, number of players at the table, starting and ending $, bet spred used, any information about the dealer/pit that could come in handy another time (family info, past job, hobbies, etc.), also any "opportunities".
Each visit: record all of the above in proprietary software, along with grouping "sessions" (group shoes), record all expenses including mileage, food, hotel, tips, etc.
Come tax time it should help, and also helps in developing what dealers/pits/casinos to travel to on what shift and what day.
I have an excel system that supports a log for all sessions (see attached jpg) and provides both a summary of results (Attached) and a profit and loss (aSession Log.JPGPerformance.JPGAccounting.JPGttached). It also provides other analysis (games and results by game type and casino).
Soon to be offered as a product.
Luck is nothing more than probability taken personally!
- So, during my last trip, I somehow managed to lose my records for playing...NOT ONCE...BUT TWICE!!! The first one wasn't too bad, since I only had a few sessions, and I remembered my wins/losses (since they were conveniently rounded numbers). The second was horrible since it was too much to remember with odd amounts of wins and losses.
- Guess it's time for me to make a mini-database / program to record my sessions, instead of using my sh*t f***ing phone!!!
- Ugh....irritating...
"Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]
Maybe you're joking and I missed it, but I'm fairly confident those aren't his real stats. Unless his teammates are actually Chicken Dinner and Lov Tobust, I'd say he just threw some data in to show the capabilities of his program.
As a small plug, I'd add that NT21 and I are very impressed with the functionally of Stealth's work and would definitely be using it if we were still playing.
Agreed. Stealth's work here is quite good. It's a robust file with just about every variable imaginable, and a great way to track and analyze your play. I'm excited for it to become available.
"There is no passion to be found playing small, in settling for a life that is less than the one you are capable of living."
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