Originally Posted by
Grobbelaar
The problem is, it's not really 5.4% ... or what I want to say .. just a little example. I buy chips for 100$ and lose it ... then I buy chips again for 100$ .. now let's say I double it.. now I go to the check-out ..... they see that I bought 100$ and come back with 200$ so I have to pay 5% from the winning.. so 5$ lost.
If I had bought chips for 200$ from the beginning, then I wouldn't pay taxes at all!
So it depends how much chips I buy and how long are my sessions.
So it's not the same if I win in one day 4000$ or in several days with losses and wins in the meantime.
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