Gambling

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Gambling

The act of wagering on an event or a game of chance in which the outcome is uncertain. This includes card games such as poker or bets on sporting events. In U.S. tax, all gambling income, regardless of where or how it was obtained, is taxable income and must be reported to the IRS. Professional gamblers may deduct all gambling losses against gambling income, but casual gamblers may only do so up to the amount of their gambling income.
References in classic literature ?
Jurgis, who by this time would cheerfully have cracked the heads of all the gamblers in Chicago, inquired what would be coming to him; at which the Jew became still more confidential, and said that he had some tips on the New Orleans races, which he got direct from the police captain of the district, whom he had got out of a bad scrape, and who "stood in" with a big syndicate of horse owners.
The gamblers took heart of life, and soon the tables were filled, the click of chips and whir of the roulette-ball rising monotonously and imperiously above the hoarse rumble of men's voices and their oaths and heavy laughs.
He himself selected from among those with the least disreputable look, two guards whom he had formerly known, and whose only faults were being drunkards and gamblers.
The claim alleges that when Tundra began extracting oil in 2014 from the adjacent land, it diminished the oil available under the reserve lands without providing compensation to the Gambler people.
There's the chronic gambler whose only luck is bad, indentured to the sociopathic casino boss whose own sentimental attachment to the ``glorious'' days of the precorporate, mega resort Sin City is the tough guy's Achilles heel.
It is the family of a compulsive gambler that suffers.
Assuming his casino - technically headquartered in the wager-friendly Caribbean - ripped me off, I told myself, I could at least track The Gambler down and take it out of his ample hide.
He stepped into a gaming arcade only to escape a rain shower, but by the time he emerged, Tony had taken his first steps towards becoming a compulsive gambler.
Some noises, the study said, disguise losses as wins when a gambler wins back part of his stake.
Their thought processes are so messed up, that even if they've been a gambler for three, four, five or 10 years, and it hasn't worked out, they all say, 'All I need is a win, a big win'.
I already have the money and experience to play with those guys,'' said Miller, whose gambling career was inspired by the film ``Rounders,'' a poker drama starring Matt Damon as a teenage gambler.
The Gambler Romancing Lady Luck: A Jungian Exploration is a one-of-a-kind examination of gambling from a Jungian perspective.