What constitutes full or part time play?

[ZeeBabar]

I wonder what would be the definition of full time play and of part time play. For instance, someone like T3 may play a whole lot less but devote lots of time to read, enhance, research and other stuff and actually play (actual time at table) less than 15 hours a week. Another player might play 40 hours a week but spend no time in practice or research, so what defines a full time player?

I consider myself a part time recreational player but was surprised to find that in 10 months this year, I have averaged about 34 hours a month sitting at BJ tables. Driving, flying, down time away on BJ trips is not included. I probably put in a 100 hours a month in BJ related time (mostly driving, flying and time away from home). This means I am spending about 134 hours a month on BJ related stuff (and that is not counting time spent at home on Forum or reading BJ stuff).

That is almost equivalent to a full time job!

How many hours do you actually sit at a BJ table each month? How many hours do you spend on BJ stuff outside of sitting at table (scouting, travelling, etc.) each month?

[Three]

To me full time isn't about hours. It's about making the money you need to pay your bills from BJ. You can have back up income so you can get through the losing runs but you need to make enough in the long run to pay your bills.

[Midwest Player]

I wonder what would be the definition of full time play and of part time play. For instance, someone like T3 may play a whole lot less but devote lots of time to read, enhance, research and other stuff and actually play (actual time at table) less than 15 hours a week. Another player might play 40 hours a week but spend no time in practice or research, so what defines a full time player?

I consider myself a part time recreational player but was surprised to find that in 10 months this year, I have averaged about 34 hours a month sitting at BJ tables. Driving, flying, down time away on BJ trips is not included. I probably put in a 100 hours a month in BJ related time (mostly driving, flying and time away from home). This means I am spending about 134 hours a month on BJ related stuff (and that is not counting time spent at home on Forum or reading BJ stuff).

That is almost equivalent to a full time job!

How many hours do you actually sit at a BJ table each month? How many hours do you spend on BJ stuff outside of sitting at table (scouting, travelling, etc.) each month?

Zee, in my opinion you play enough blackjack and devote enough time to it to be able to file your taxes as a business. Since you no longer have another full time job, I see no problem in filing your blackjack income on Sch C, the business form. Where the return asks for your occupation on Form 1040 sign it "Professional Blackjack Player" Of course, this is only my opinion, don't take it as legal advise. Heck, I bet 21forme would also say you qualify to file as a business.

[21forme]

I see no problem in filing your blackjack income on Sch C,

He's a tax evader, and doesn't pay taxes on his BJ winnings. The shoebox is his Swiss bank account.

[ZeeBabar]

He's a tax evader, and doesn't pay taxes on his BJ winnings. The shoebox is his Swiss bank account.

If I was a tax evader, I would not put my results on this forum. There is a person here who is a huge snitch, contacted forum administrators to get me banned because of a post I made on a non BJ forum. He hates me, begs people to ignore my posts, calls me a troll, tries to humiliate me on every post I make, simply is obsessed with me. You think he would not snitch on me to the IRS?

For those who do not know, I started with a $15k bankroll that I kept in a shoebox some 5 years ago. Despite a few idiots calling my initial successes as just variance, telling everyone on this forum that I dont know anything about BJ, 4 years later, the bankroll is $75k with another $8-9k in my car for BJ trips.

[21forme]

If I was a tax evader, I would not put my results on this forum.

"It's just like taxes being taken out of a desk job. It's either pay your taxes or commit a crime, take your pick." Committing a crime is neither a sin nor immoral. I do go over the speed limit from time to time and that is a violation of a DMV regulation just as not declaring your gambling income is a violation of IRS regulations. heck, when I was ordered to fire on the folks in a village overseas, I just shot above them or below them. My conscience is my guide in all situations.

https://www.blackjacktheforum.com/sh...l=1#post157365

[ZeeBabar]

"It's just like taxes being taken out of a desk job. It's either pay your taxes or commit a crime, take your pick." Committing a crime is neither a sin nor immoral. I do go over the speed limit from time to time and that is a violation of a DMV regulation just as not declaring your gambling income is a violation of IRS regulations. heck, when I was ordered to fire on the folks in a village overseas, I just shot above them or below them. My conscience is my guide in all situations.

I wonder where your conscience is when you get on a forum simply to attack or ridicule a poster, where you neither offer encouragement nor advice. When a person matures sufficiently, he stops conning himself.

[21forme]

I wonder where your conscience is when you get on a forum simply to attack or ridicule a poster, where you neither offer encouragement nor advice. When a person matures sufficiently, he stops conning himself.

I don't ridicule you. You ridicule yourself.

I've given you advice, as have many others who have stopped. Did you forget your modus operandi? If you didn't like the advice, you attack those who offer it.

The only one conning himself is you, thinking you're playing a $150/hr winning game. Reread Sharky's recent response. Beside the horseshoe, your head is up there, too.

[Midwest Player]

How many hours do you actually sit at a BJ table each month? How many hours do you spend on BJ stuff outside of sitting at table (scouting, travelling, etc.) each month?

So far this year I have 246 hours of blackjack table play. Add to that driving time of almost six hours round trip plus time for packing and unpacking plus time devoted to hotel check in and check out. Longer trips can involve almost the whole day. I have played blackjack in every month of this year except for Jan. A lot of time is spent on various blackjack forums.

I have not reached my goal for this year yet, but I'm less than $700 away. I have yet to have a 4 figure loss for this year so "I'm due." It does seem like I have a whopper of a loss at least once a year especially now since I won the last 5 times I played. It seems like the longer I win the harder I will fall. Also deer hunting season will soon be here and then I will be faced with crowded conditions again, not good.

I don't know if I will be able to get anymore blackjack in this year. So much depends on the weather. I don't like driving in snow anymore.

[Freightman]

So far this year I have 246 hours of blackjack table play. Add to that driving time of almost six hours round trip plus time for packing and unpacking plus time devoted to hotel check in and check out. Longer trips can involve almost the whole day. I have played blackjack in every month of this year except for Jan. A lot of time is spent on various blackjack forums.

I have not reached my goal for this year yet, but I'm less than $700 away. I have yet to have a 4 figure loss for this year so "I'm due." It does seem like I have a whopper of a loss at least once a year especially now since I won the last 5 times I played. It seems like the longer I win the harder I will fall. Also deer hunting season will soon be here and then I will be faced with crowded conditions again, not good.

I don't know if I will be able to get anymore blackjack in this year. So much depends on the weather. I don't like driving in snow anymore.

MWP
The law of large numbers does not suggest that winning 5 in a row makes you due for a loss. It simply says that your results will get closer to expectation the larger the data pool becomes - or simply stop the current cycle staying a winner, and starting a new cycle which is actually non sensical.

I average lunch about 1x per month with an AP friend, who will likely see this post. At the end of lunch, we flip a coin, and the loser buys. It has been my good fortune to have probably won 9x out of the last 10 lunches. It would be delightful if this trend were to continue, however, the reasoning in the paragraph above will tend to even out the results over an extended period of time. Maybe it’s time to go Dutch

[21forme]

I average lunch about 1x per month with an AP friend, who will likely see this post. At the end of lunch, we flip a coin, and the loser buys. It has been my good fortune to have probably won 9x out of the last 10 lunches.

Good thing this came from you and not T3m otherwise we'd be hearing about perfecting his top-secret coin flip steering technique.

P.S. Time to stop meeting your friend for lunch while you're ahead :-)

[Freightman]

P.S. Time to stop meeting your friend for lunch while you're ahead :-)

Regardless of who wins, and the ribbing we give each other, lunch is informative, the company is good - and May he continue to pay

[BJPloppy]

At the end of lunch, we flip a coin, and the loser buys.

You did not say who owns or usually flips the coin. To avoid that issue, your friend should suggest changing the method of determining who pays. I have always been partial to Credit Card Roulette. I once went on a run similar to yours, and my friends thought I was paying off the waiters & waitresses ahead of time.