Jump to content
Sign in to follow this  
Zombo

Pro Pick'em

Recommended Posts

And in the  just for beating this thing to death department of the 15 players that got at least 1 postseason point only 2 did not have a single weekly win.

Hope to see you all around in the next game of skill and luck. Thanks! Michael mjp.

Share this post


Link to post
Share on other sites
5 hours ago, mjp28 said:

Well 9 of us hit SUPER BOWL LII correctly but somehow i mjp hit the tiebreaker,  woo-hoo too bad I didn't start playing until week 17. :lol:

And congratulations again to UGOTBLITZED for the win which he already knows about.-_- And thanks to all of the losers who made it all possible.

Only 4 of 28 players broke the mendoza line at .500+ winners, wow brutal year:

Rank Pick Set Name Total Pts W-L
1 UGOTBLITZED 145 145-114
2 Brownie Beatdown 141 141-118
3 Endymion 133 133-126
4 Shawn M 132 132-127
5 mjp's ALL PROS 128 128-131
6 ralemon 128 128-131
7 Tour's Prescient Pro Picks 126 126-133
8 Browns149 124 124-135
9 G-Man 123 123-136
10 The Great Zomboni 122 122-137
11 Browns57 121 121-138
12 Mark O 121 121-138
13 HowieDawg 119 119-140
14 MaximumJack 118 118-141
15 Choo Choo's 118 118-141
16 Marvin's Martians 118 118-141
17 Roach 113 113-146
18 Flyin J 109 109-150
19 jrb12711 75 75-184
20 MLD Woody 57 57-202
21 Furnier 57 57-202
22 London Brown 54 54-205
23 BrownsFan17 42 42-217
24 Cookie 41 41-218
25 DieHardBrownsFan 30 30-229
26 Kamac19 23 23-236
27 PurplePantyWaste? 15 15-230
28 Black Balls 0  

 

Congratulations to UGOTBLITZED for a great win, and to everybody who finished in the Top 10.

If you finished in the Top 10 you are now eligible to win a football autographed by the 1980 Kardiac Kids.

Gotta suck to be Marko. And Howie. And Browns 57.

Zombo

  • Thanks 1

Share this post


Link to post
Share on other sites

145-114... 259 games picked. At $100 per game that's $25,900 wagered. Of that:

  • $11,400 were losers...
  • 145 * $190 = $27,550 were winners.

Lotta work for a $1650 profit... before taxes... gambling winnings are still taxable, right?

 

Share this post


Link to post
Share on other sites
On 2/5/2018 at 5:11 AM, Zombo said:

Congratulations to UGOTBLITZED for a great win, and to everybody who finished in the Top 10.

If you finished in the Top 10 you are now eligible to win a football autographed by the 1980 Kardiac Kids.

Gotta suck to be Marko. And Howie. And Browns 57.

Zombo

The winner of the bowl mania should automatically win the autographed football since thats a contest for real men and confidence points are the only way to truly pick the games and show who the best is. 

  • Upvote 1

Share this post


Link to post
Share on other sites
5 hours ago, Tour2ma said:

145-114... 259 games picked. At $100 per game that's $25,900 wagered. Of that:

  • $11,400 were losers...
  • 145 * $190 = $27,550 were winners.

Lotta work for a $1650 profit... before taxes... gambling winnings are still taxable, right?

 

Whether you get a W-2G or not all gambling winnings are taxable......but if you itemize you can write losses off up to the amount of winnings.

Yes it does work:

Taxpayers must report all gambling winnings as income. They must be able to itemize deductions to claim any gambling losses on their tax return.

Taxpayers who gamble may find these tax tips helpful:

  1. Gambling income. Income from gambling includes winnings from the lottery, horseracing and casinos. It also includes cash and non-cash prizes. Taxpayers must report the fair market value of non-cash prizes like cars and trips to the IRS.
  2. Payer tax form. The payer may issue a Form W-2G, Certain Gambling Winnings, to winning taxpayers based on the type of gambling, the amount they win and other factors. The payer also sends a copy of the form to the IRS. Taxpayers should also get a Form W-2G if the payer withholds income tax from their winnings.
  3. How to report winnings. Taxpayers must report all gambling winnings as income. They normally should report all gambling winnings for the year on their tax return as “Other Income.” This is true even if the taxpayer doesn’t get a Form W-2G.
  4. How to deduct losses. Taxpayers are able to deduct gambling losses on Schedule A, Itemized Deductions, but keep in mind, they can’t deduct gambling losses that are more than their winnings.
  5. Keep gambling receipts. Keep records of gambling wins and losses. This means gambling receipts, statements and tickets or by using a gambling log or diary.

See Publication 525, Taxable and Nontaxable Income, for rules on gambling and Publication 529, Miscellaneous Deductions, for more information on losses. Publication 529 also lists specific types of gambling records a taxpayer may want to keep. Download and view IRS publications on IRS.gov/forms at any time.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×