IRS Increases Withholding Requirements for Poker Tournaments

According to an IRS Bulletin, beginning March 4, 2008 the IRS will require tournament directors to withhold taxes from poker tournament winners who win in excess of $5,000. It requires this withholding at the third-lowest tax rate which is …Login/Register for more.

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Q&A #73: Are Some Poker Games Not Worth Playing Because There’s Too Much Luck?

It’s the question that just won’t quit. I hear this one single question more often than any other. And yet I realized that of all my previous 72 Q&A’s, I never once answered it. Better late than never.
Are some poker games not worth playing because there’s too much luck? Here’s Q&A #73: Are Some Poker [...]

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Q&A #61: Semibluffing in a No Limit Tournament

Semibluffing plays a major role in any tournament strategy. One of the main differences between good tournament players and not-so-good ones is that the good ones attack “unattended” pots vigorously. They recognize situations where bluffs and semibluffs are more likely than usual to work, and they put their chips in.
But Q&A #61: Semibluffing in a [...]

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Q&A #40: A Big Laydown on the Bubble

Justin asks,
No-Limit Holdem
Qualification live MTT for a bigger tournament, but there is a substantial cash prize pool for this tournament. Late tournament, 12 players left out of 70, 7 get paid and a spot in the finals. Blinds 1500-3000. MP solid player limps, SB calls, I check in the BB Q&A #40: A Big Laydown [...]

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Q&A #28: How Do They Do It?

Ryan,
I just finished watching MATTKUPE win yet another tourney on Absolute Poker. I also notice that there are several players that “almost” always make the final table in the tourneys they play in virtually everyday. MATTKUPE makes the final table in “almost” every tourney he enters including winning the 100k Q&A #28: How Do They [...]

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Q&A #26: When to Drop the Hammer with a Flopped Set

j22jblue asks,
Love the site! I’m a big fan of your work and I am eagerly anticipating your new release, Small Stakes No-Limit Hold’em. I was hoping you might peruse a hand of mine that I played from the Sunday Million event on Party Q&A #26: When to Drop the Hammer with a Flopped Set|94|3.95|USD|| [...]

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