How to keep gambling records

By Administrator

Why You Should Keep Betting Records | Betting Gods

Any casino host has the capability of bringing up a player's record on a computer screen to learn everything he or she needs to know about a particular slot player as it pertains to that player's ... Deducting Gambling Losses | Nolo You’re supposed to do this by keeping detailed records of all your gambling wins and losses during the year. This is where most gamblers slip up—they fail to keep adequate records (or any records at all). As a result, you can end up owing taxes on winnings reported to the IRS even though your losses exceed your winnings for the year. Gambling Diary - The Best Way To Track Your Wins & Losses A pocket size solution to keep track of your wins and losses while enjoying the action. Whether you play Bingo, Blackjack, Craps, Gin Rummy, Keno, Poker, Slots, Video Poker, or any game where money is involved -- you need the Gambling Diary.

Bet Records Spreadsheet | Betting Tools

Sep 30, 2009 · Frequently Asked Questions Casino Record keeping, Reporting, and Compliance Program Requirements This document provides guidance interpreting the requirements of the Bank Secrecy Act ("BSA") regulations 1 as they apply to the casino … Keeping a gambling log - Gambling - Questions and Answers Mar 05, 2010 · The name and address or location of the gambling establishment. Names of other persons present during the gambling activity. Amount won or lost. In addition, you should keep other documentation such as W2-G forms and losing tickets. Personally, I keep my log in Excel, and always retain W2-G forms and losing sports tickets.

Kinds of Gambling Records Do I Keep - USA Gambling

Rules implementing the BSA also include certain recordkeeping requirements specifically for casinos or card clubs. These are set forth in 31 C.F.R. § 103.36. Where the dollar threshold differs between the two provisions, a casino or card club must keep records based on the lower threshold. Bet Records Spreadsheet | Betting Tools Betting Records Spreadsheet *** If you like our bet records spreadsheet you will absolutely LOVE our bet records database which we believe is the best bet recording software available ***. Keeping betting records is important as you need to be able to analyse your bets in order to help you see which type of bets are are making you profit long term. Establishing Basis for Gambling Losses - The Tax Adviser

You should keep your Form W-2, pay stubs, bank statements, brokerage statements; and other documents that show other types of income that you earned, including tips, dividends, interest, rent, business income, capital gains and losses …

Frequently Asked Questions Casino Record keeping Sep 30, 2009 · Frequently Asked Questions Casino Record keeping, Reporting, and Compliance Program Requirements This document provides guidance interpreting the requirements of the Bank Secrecy Act ("BSA") regulations 1 as they apply to the casino … Keeping a gambling log - Gambling - Questions and Answers