AZB Money Leader Board - Wrong to Include "in the middle" totals.

[JB Cases]

I think it's wrong to include "in the middle" amounts as earnings for the purpose of keeping a list of money earned.

Gambling matches are heads up events where the actual money won IS only what the bet was not what both players bet.

Yes I know they are billed as "two man tournaments with $25,000 entry fees" but reporting it as a $50,000 win screws up the ranking.

Also there is the whole thing that including gambling matches where ONLY two people have a chance to earn skews the list as well.

If I want to be at the top of the money list all I have to do is play a publicized set for $500,000 and win it and no one will be able to touch me. Oh except the next couple people who decide the week after to play for a million. None of you would know if the money was real. (yes I know the Fight Nights and other challenges are real)

To me Shane is the defacto #1 Money Earner this year because Appleton won $98,000 in one event, Chinese 8 ball and Alex has a $50k win against Frost in a heads-up match. OK - Shane is #2 because the 98k win counts 100% and it was a damn tough event to win and Shane was there as well. (buy a Chinese 8 ball table Shane)

Anyway, your thoughts???

 

[JumpinJoe]

Not to mention it's terrible for the players that must report winnings. What happens if the IRS ever said well SVB you won this 100k match against Dennis, you didn't report it.
I mean it's beyond stupid that AZB is posting gambling matches. Not good for any player.

 

[sjm]

Agreed, these amounts don't belong in the earnings totals.

 

[realkingcobra]

Not to mention it's terrible for the players that must report winnings. What happens if the IRS ever said well SVB you won this 100k match against Dennis, you didn't report it.
I mean it's beyond stupid that AZB is posting gambling matches. Not good for any player.

He'd report the $100,000 winnings, then deduct his $50,000 buy in as an expense, along with any hotel and food expenses, and pay taxes on the left over net income....so, why would Shane or any other Pro have a problem with the IRS?...did they not earn a reportable income?