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If you lost as much as, or more than, you won during the year, your losses will offset your winnings. For example, if you lost $10,000 and won $8,000 during various trips to casinos, you can deduct $8,000 of your losses, which is the amount up to your gain. The Man Who Broke Atlantic City - The Atlantic When a casino offers a discount of, say, 10 percent, that means if the player loses $100,000 at the blackjack table, he has to pay only $90,000. How much can a person win in a casino without paying taxes? |... The casino, track or lottery agent might not have reported that $25 you won, but it's still taxable income. It's ultimately the taxpayer's responsibility to tell Uncle Sam about his good fortune. You report your winnings -- from the W-2G or those smaller jackpots -- on line 21, Other Income, of Form 1040 . Casino - Any big winners out there? - Aruba LOL-my wife and I won about $800.00 in the Stellaris Casino at the .... I won $500 on let it ride this past april at the hyatt - that is big to me!!!

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Casinos - FAQ - Wizard of Odds This is way out of my area of expertise. However, I can say that most casinos use RFID chips (Radio Frequency Identification) in their chips of $100 denomination and higher. As I recall, there was a case where somebody painted $100 black chips to look like purple $500 chips in Las Vegas, thus appearing to pass the RFID test. £500 vs SLOTS Live Stream at PlayOJO Casino ( PART ONE ) big win ...