BB Players Paid Yet?

Many people believe that "write off" means "free", it doesn't mean anything of the sort.

Write offs are not tax credits where you get to reduce your taxes due dollar per dollar against your losses. Write offs are like tax deductions whereas you get to deduct the amount of your loss as a "write off" from your taxable income thereby reducing your taxes, but not on a 1:1 ratio.

Someone in the 50% taxable income bracket would actually only see a return of .50 for each tax write off dollar. There are exceptions, like real estate with depreciation or gas or oil ventures where your actual write off may be a multiple of your loss, but ordinary business losses do not apply.

So, when you hear "yea, but it's a write off", remember, it's doesn't mean free.

In fact I'll make this offering open to everyone: for every dollar you send me, I'll return .50, same as a tax write off...no limit. Hell with it, I'll make it .60. :wink:

Just some info for those who didn't know.

J


over their heads.....
 
With Darren, Stevie and Larry Nevel all posting on fb that they're leaving Vegas, you're certainly not looking like a genius.

BB doesn't have another 3-4 weeks to figure this out. They have one week left until the other players give up the ghost.


they will be back,


and i dont care how i look, i got mine:grin:
 
Eric, do you really believe that Santa is going to buy this whole BB thing after the six weeks that it has had?

He didn't make all of his money throwing it at bad investments. Last I checked, he had had very little success with pool on American TV and had cut back from the amount of pool he has done in the past 4-5 year.

Mike

see thats the problem i know who santa might be....
 
I hear you. If only I could find one or more people who would send me a penny tomorrow and then double the amount the next day and double each successive days cumulative total for 31 days then i could retire :)

Keep looking, they're out there.

Oh, and when you find them you can all invest in my "write off" deal. :thumbup:

J
 
Eric, do you really believe that Santa is going to buy this whole BB thing after the six weeks that it has had?

He didn't make all of his money throwing it at bad investments. Last I checked, he had had very little success with pool on American TV and had cut back from the amount of pool he has done in the past 4-5 year.

Mike

Get a room or go full Amsterdam and show us what you have. :-)
 
im not involved and dont want to be involved.

You said you just want what's best for pool. You got more money than NASA and Nindendo combined, if this idea or any other idea has legs, why wouldn't you throw a penny at it?
 
You said you just want what's best for pool. You got more money than NASA and Nindendo combined, if this idea or any other idea has legs, why wouldn't you throw a penny at it?


i lost enough $$$ already, :frown:

i'm on the make up right now, ;)


and i dont want to be in the pool biz, i decided that a while back or i'd have done something.

i really dont want to work anyways, and when you put $$ into something it becomes work.


do i owe you $20 or $10 since you played one match?:p;)
 
i lost enough $$$ already, :frown:

i'm on the make up right now, ;)


and i dont want to be in the pool biz, i decided that a while back or i'd have done something.

i really dont want to work anyways, and when you put $$ into something it becomes work.

That's all I'm saying. You know a good money maker when you see it. You've had a chance to call, but you chose to fold. The cards aren't right.
 
The more people ellude to some mysterious piece of information they have about bonus ball, the more gay the whole situation becomes.
 
Eric, do you really believe that Santa is going to buy this whole BB thing after the six weeks that it has had?

He didn't make all of his money throwing it at bad investments. Last I checked, he had had very little success with pool on American TV and had cut back from the amount of pool he has done in the past 4-5 year.

Mike

Santa is probably going to pat the elf gently on the head, ruffle his hair and say "You crazy kid." Then get on his sled and fly back to Engl.....I mean the North Pole.

Or I guess he could take over a business that was solvent for a week with no intellectual property or assets of any real value to him and try to do with it what he hasn't done with things he already owns.

Probably a coin flip.
 
The more people ellude to some mysterious piece of information they have about bonus ball, the more gay the whole situation becomes.

It's intrigue. Mystery. Gossip. What else is there to talk about?

You know the song, I only care at this point because I have a couple hundred bet on BB succeeding. I should have realized that all the BBs in pool are flaky :-)

Ah well, I am a hopeless optimist.

Now going to sweat SVB vs Cheng. "CSI checks are always good" - Sunny
 
Eric, do you really believe that Santa is going to buy this whole BB thing after the six weeks that it has had?

He didn't make all of his money throwing it at bad investments. Last I checked, he had had very little success with pool on American TV and had cut back from the amount of pool he has done in the past 4-5 year.

Mike

This seems to let the cat out of the bag. Or maybe you and Eric have different cats in mind? Or is it different bags?

In any case, the history of innovation is littered with both corpses and success stories that began with false starts: struggling to make payroll, eating Ramen and giving out stock options in lieu of paychecks, begging for cash, second round VC financing, and so on. No matter how rough the start, I don't think you can reliably tell one from the other based on 6 weeks or even 6 months. (N.B. It's also not uncommon for founders to get the boot eventually--that can happen because they have to sell too much of their company as they scramble for cash in the early days.)

Of course, the corpses probably outnumber the successes 10:1, but even many of those corpses were able to get more than one round of cash.

Yes, the potential returns from BB are tiny in comparison to tech startups, but so are the costs. A second round investor wouldn't have to expect to recover the sunk costs incurred to date, just the moving-forward operating costs.
 
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I know Barry Hearn is rich but more than Donald Trump? I don't know about that. Maybe different folks.
 
If everybody's doing it.....

Eric, do you really believe that Santa is going to buy this whole BB thing after the six weeks that it has had?

He didn't make all of his money throwing it at bad investments. Last I checked, he had had very little success with pool on American TV and had cut back from the amount of pool he has done in the past 4-5 year.

Mike

Since everyone else is throwing out guesses, I'll throw one out too.

http://forums.azbilliards.com/showthread.php?p=4252004

Gnight everyone,

Ray
 
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