The Enterprise Of Racing

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The most common downside that bettors have in sorting out how much they’ve won and lost is that a bettor hits one or a couple of large scores during the year and, consequently, will get some W2-G kinds. Those report earnings, and the IRS computer packages will see that income whether the bettor studies it or not. However the monitor record of most bettors doesn’t consist solely of just a few massive-ticket winners. Most of us win some, lose some and additionally, if we’re lucky, hit just a few huge scores that generate just a few W2-G varieties. I checked out my NYRABets account for last yr, and, sure, I did get one W2-G on a Decide 4, but that accounted for less than 10% of my whole winnings.

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