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04-30-2020, 07:39 AM

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Originally Posted by JB Cases View Post

And it wasn't 66k. I don't even know where that number came from. It was about 35k and was much more about the ego than the money.
Thanks for clearing that up. Wish you well.


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04-30-2020, 07:40 AM

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Originally Posted by ShootingHank View Post
What kind of cue do you shoot with JB?
A $35,000 one.






(sorry, not really funny)...


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04-30-2020, 07:41 AM

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Originally Posted by JB Cases View Post
Well then i guess Lou needs some heart or a brain because leaving money on the table isn't really smart is it? I mean if you spend years talking about that one match.... And refuse to match up again then what's the motivation?

Funny that not a single one of his claimed backers ever publicly started their intentions. I guess if they exist they have their reasons but it would have made things different if they had publicly voiced their commitment. As if stands we only have the "story".

Now you never get to know because that opportunity is gone. The time to take those backers and take John off is over. So lack of heart or lack of intelligence? Doesn't matter because the guy with backers refused to play. He make up any story he wants and can't be proven wrong. The question is are you entertained? If so then you got your money's worth.

Better to leave some money on the table than your ass.

I think most guys here can easily see why people who have that kind of money would want to back me in a match against you. That you can't see it just proves how much of a sucker you are.

Lou Figueroa
  
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04-30-2020, 07:52 AM

Quote:
Originally Posted by ShootingHank View Post
What kind of cue do you shoot with JB?
It's a 5 piece cue. It was a two piece cue but John converted it after the match.


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04-30-2020, 07:53 AM

Quote:
Originally Posted by ShootingHank View Post
What kind of cue do you shoot with JB?
Sorry, his agreement with the cue maker has a confidentiality clause.


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Old
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04-30-2020, 08:00 AM

Quote:
Originally Posted by lfigueroa View Post
oh, it's true about the backers -- and lots and lots and lots of guys, at all different skill levels up to the most elite of pros get staked, for many different reasons.

As to the lesson not learned: that you should not be gambling at pool for a lot of dough. Case in point: getting your nose wide open and going off like SpaceX for $35,000 (or was it closer to $66,000?).

Lou Figueroa
So when i win does that mean the lesson is to keep playing for money? This is what you will never get. You're a small time Charlie. And that's fine but you can't begin to understand me. Me, with all of my issues, am still a better person than you. I don't hide, don't denigrate then apologize then stab in the back as you do. That's you and your way.

You might have backers you might not, it's a story at this point and one that doesn't even really matter because really Lou at this point your only value to the pool community is that you played me. And that value fades a little more each day.

The truth is that people would rather be more like me than more like you. That probably stings a bit but people prefer those who take risks and go for it. And when the risk takers crash the critics get their licks in and the fans have lively risk/reward conversations.

People like me give people like you something to talk about and you're welcome. Your life advice though is not wanted, needed or accurate. I will listen to people whom i respect, who are honest and have actually done worthwhile things.

And again, thank you for helping to promote my business. Every time you respond i get more people looking at my logo and we can do this dance until the end of time. Happy to keep this thread at the top for years if that's how you want it.

Because in the end Lou you will continue to be you and tell your story and i will tell mine but unlike you i get a tangible benefit through more case sales. Why? Because most people don't give a shit about my personal pool exploits when it comes to their case buying decisions. But getting them to see what we make is the problem so every exposure to my logo and website counts. If threads like this, which i didn't start, are that avenue that results in a sale that's great. And it does so again thank you. You won a match and your group got ten thousand dollars to split between you. I consider that to be more than fair compensation for the years of promotion you provide. It's like you allowed me to imprint JB Cases on your forehead. In fact that might be a funny meme.

If i were dishonest and malicious i might have people start threads just to get you to talk about me. But i am not and don't need to promote that way. However i am fully ok with you taking about me wherever you want to and for as long as you want to. And if you lie that's ok too. You're a bonafide professional public relations guy so i know whatever story you tell it will be unprovable but sound plausible. So go for it. My friends will let me know if I need to step in.


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04-30-2020, 08:06 AM

The amount was about 35k. Please stop saying otherwise. I don't know where this 66k bullshit is coming from. Both numbers suck but let's be accurate ok.

Edit: i just went and added it up, forget about a bet so it's actually about 41k.

Now you have the right number.


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Last edited by JB Cases; 04-30-2020 at 08:09 AM.
  
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04-30-2020, 08:10 AM

The bottom line to me is this and all that matters. When it comes right down to it, all the shit talk and bow wow barking. For a decent stake,

Does anybody here really think Lou would play John with his own money?


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Last edited by TATE; 04-30-2020 at 08:12 AM.
  
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04-30-2020, 08:25 AM

Quote:
Originally Posted by TATE View Post
The bottom line to me is this and all that matters. When it comes right down to it, all the shit talk and bow wow barking. For a decent stake,

Does anybody here really think Lou would play John with his own money?
Yeah i think he would now that he has that easy victory over him-He'd be a fool not to.
  
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04-30-2020, 08:31 AM

Quote:
Originally Posted by JB Cases View Post
Actually all promotion is an expense but beyond that gambling losses can be claimed anyway if i chose to.

But i will put the loss in the expenses as i have always done because i do promote my business with entertaining love streams featuring me competing for money. Still a loss i would rather have not taken but i am certainly not going be taxed on that money. That's just legal, normal and smart business.
Gambling losses are only deductible against gambling winnings. Possibly different if you are a professional gambler which you are not.
  
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04-30-2020, 08:32 AM

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Originally Posted by Nostroke View Post
Gambling losses are only deductible against gambling winnings. Possibly different if you are a professional gambler which you are not.
He can issue the winners a 1099 for anything above $600.

The winners will be taxed on the amount John pays them.

If John involves the IRS then all bets will be nullified because neither participants in this ordeal will want to raise a red flag with the IRS.
  
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04-30-2020, 08:35 AM

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Originally Posted by JB Cases View Post
Actually all promotion is an expense but beyond that gambling losses can be claimed anyway if i chose to.

But i will put the loss in the expenses as i have always done because i do promote my business with entertaining love streams featuring me competing for money. Still a loss i would rather have not taken but i am certainly not going be taxed on that money. That's just legal, normal and smart business.
Call them up and ask for their social security or tax payers identification number then for 2020 you can issue them a 1099.

Tell them you hired them for a stream to advertise your company and the gambling was an act/fake but the money paid sponsorship to these guys in the garage.
  
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04-30-2020, 08:39 AM

Sure Lou. I give credit where where credit is due.

Quote:
Originally Posted by lfigueroa View Post
Thank you for the compliment on my writing skill.

Lou Figueroa


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04-30-2020, 08:39 AM

Quote:
Originally Posted by ShootingHank View Post
He can issue the winners a 1099 for anything above $600.

The winners will be taxed on the amount John pays them.

If John involves the IRS then all bets will be nullified because neither participants in this ordeal will want to raise a red flag with the IRS.
a 1099 can be issued in any amount- It is mandatory if you paid out $600 or more. I'll repeat-Gambling losses are only deductible vs gambling winnings.

All gambling winnings are taxable.
  
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04-30-2020, 08:41 AM

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Originally Posted by Nostroke View Post
a 1099 can be issued in any amount- It is mandatory if you paid out $600 or more. I'll repeat-Gambling losses are only deductible vs gambling winnings.
I'm going to say it once.....he doesn't report it as a gambling loss.

He can report it as a contract service -or- even a donation.

Why would he report it as a gambling loss. He's not a gambler.
  
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