Not infront this year.

Living off last year's winnings. Did OK on Greece in Euro, and on taking large margins in the RL. Plus I stopped going to the dish-lickers, and that cut some of my income :sad:

Have taken some real baths on what I thought were sure bets. Like Mike Tyson.

From what I remember, this is what the ATO says about personal gambling and tax:

* If gambling is more than 20% of your (not sure what the correct fraction is, about 20% I think) income, you must declare it as an income

* If you make money from gambling, via an automated process, or by way of calculations that are not pen and paper (ie, computer program, etc), then you must declare it as an income



[ This Message was edited by: jakelee on 2004-08-24 08:43 ]