Harry Lodge

[WSOP - World Series of Poker @WSOP]

Congrats to Harry Lodge aka @HALSTER94 on winning Online Event #17 and bringing home bracelet #2!

#WSOP2025

[Derek Wolters @derek_wolters]

Main Event players - the shop is open. I'm buying pieces at icm value for up to $100k end of Day 4/start of Day 5. DMs open

[Tim Pool @Timcast]

Wow

The Big Beautiful bill is effectively ending professional gambling

If this passes, pro poker players will only be able to write off 90% of their losses

You could lose money and still owe taxes

[Doug Polk (Code Doug) @DougPolkVids]

If you care about poker now is the time to get this out to every single corner of the internet.

This has been snuck into the bill and if it passes tens of thousands of people will instantly lose their careers.

We need to rally together now as the poker community.

[Phil Galfond @PhilGalfond]

Yikes.

Senate Amendment to the Big Beautiful Bill =
You get taxed on more than you earned from gambling, even if you netted $0 (or less!).

Here's how it works and what you can do...

The change

If it passes in this form, starting in 2026, gambling losses (and expenses) will only be 90% deductible (and still only up to your total winnings).

What this means in plain English

If you win $100k and lose $100k – You’ll owe tax on $10k of “phantom” income.

If you win $100k and lose $50k – You actually profited $50k, but you’ll owe tax on $55k.

If you win $100k and lose $150k – No tax owed (your deduction is capped at $100k, which is more than 90% of $150k ($135k)).

(Editing in from my post below because it's important:

A pro who earns $200k/year might have $3m in winnings and $2.8m in losses.

This means earning $200k and being taxed as if they earned $480k.)

This applies to both recreational and professional gamblers.

For pros, your travel, coaching, software, etc. are lumped into the “loss” bucket and still subject to the 90% cap.

What to do

Pulling from @russcfox's post:

"If you don't like this (and I don't), and if you have a GOP Congressman, let them know. (You can find your House representative at https://t.co/OCRMfd1P3l) Be respectful in your message, and, yes, they are looked at."

Thank you for breaking the news and keeping poker players posted, Russ!

--

[Harry Lodge @HALSTER94]

@Pantaleooo @HustlerGrune @WSOPOnlinePoker @WSOP Exactly the same happened to me, only finding out about this now

[Harry Lodge @HALSTER94]

@rob_yong_ @WSOP @E_Branners @GGPoker 2045

[Harry Lodge @HALSTER94]

@VanessaSelbst Follow for DM

[Catherine Sewnig @sewnig]

Dear Poker Community,
I believe my beautiful son, Daniel, suffered from undiagnosed depression. I believe that he masked his condition and did not let anyone, not even those who loved him most, know how badly he was suffering. I believe the stress and isolation of his beloved poker job and the accompanying stresses of life exacerbated his condition. I appreciate the comments posted here because it’s clear how much you all loved him. Please be aware of your own mental health and know that while this game and lifestyle are amazing, the stress of it can put your lives at risk. Please reach out for help if you are struggling. There is no shame in that. And please don’t hesitate to reach out to anyone you suspect may be struggling. Don’t let the lessons Dan taught you on and off the felt be in vain. I love you all and pray you will take care of yourselves.
Love,
Catherine (Daniel’s Mom)

[Joe “Stapes” Stapleton @Stapes]

Today is Day 5 of the #EPT20 Barcelona Main Event. 1,975 players are now down to 40 with @SimonWiciak still in the mix. Feature table's got @raniatalk, former runner up @jacksincredible, and @HALSTER94 ('arry Lodge)! Tune in NOW!!

[Harry Lodge @HALSTER94]

@spraggy Really sorry for your loss Spraggy

[Harry Lodge @HALSTER94]

@benyupoker And the PLO too pls

[Harry Lodge @HALSTER94]

@Gags30poker Last person in line is going to sit down in the money, they need more staff checking people in, one person for 100 people at 30-60secs per person doesn't work @WSOP

[Harry Lodge @HALSTER94]

@padspoker Getting in late, not the busting in lvl 12 part

[Harry Lodge @HALSTER94]

@padspoker This was me btw, nothing sharky, just an issue at reg desk for both me and Marty Mathis meant it took ages to get ticket printed

[Harry Lodge @HALSTER94]

@Firaldo87poker Take

[Harry Lodge @HALSTER94]

@NickMarchington UK needs ChickFilA

[Harry Lodge @HALSTER94]

@SpaceyFCB Glgl

[Harry Lodge @HALSTER94]

@brandonsheils @GGPoker 😂😂😂