Live - SteveKerr - 2014 WSOP - June 12 to 19

blackmagicz

BlondeFish;376661 wroteAside from Eric Baldwin, are all the other villains pros too?

I think Igor normally plays in the super high roller epts, and heinz has final table 2 events this wsop lol

hiphopopotamus

BlondeFish;376661 wroteAside from Eric Baldwin, are all the other villains pros too?

They're all pros. Johnson is the only one without a million plus in live cashes. Him and Hawkins are circuit grinders, I think. Everyone else are beasts with Kurganov being the biggest sicko.

compuease

Go Steve go... Orangeville forever!

Milo

Leave him be, boys . . . he's doing fine.

Hobbes

Currently chip leader

120 remain

Milo

Soon . . . if you know what I mean.

SteveKerr

What a day boys. All pros at my starting table. Blah I showed them by eliminating 2 of them including Igor. Lol

Out lasted all of them from the start of the day except Eric, he is the king of doubling up.

Anyways busted 47th for $11.141 I think minus 30% withholding tax.

Will figure out payouts soon and get you guys your money.

Thanks again for the support.

hiphopopotamus

Seemed like you had a pretty tough table yesterday too. Gg. Nice run.

Milo

Nicely done, Steve . . .

Hobbes

well done

compuease

Hobbes;376697 wrotewell done

hiphopopotamus;376692 wroteSeemed like you had a pretty tough table yesterday too. Gg. Nice run.

Milo;376696 wroteNicely done, Steve . . .

ditto... Nice job, just one ittsy bitsy break and oh what it could have been.

JohnnieH

+1. Thanks again for the sweat.

T8urmoney

This was a super tough field.....great job just cashing.....and only one flip away from being back in contention.

gg

SteveKerr

ok so here is the break down

Cashed for $11,141 and got 30% withholding Tax

$11,141 - $5,000 (buy in)
= $6,141 - $1,842.30 (30% tax)
= $4298.70 + $5,000 (buy In)
= $9298.70 Total PAYOUT

So 1% action equals a payout of $92.99 USD which I will just payout $93 USD for every 1%

Those that I usually see I will give in person.

Those that I will be sending EMT to, I will get done this weekend. The exchange rate I am getting is 1.1039 so $93 USD is $102.66 CDN

Thanks again for your support.

Milo

No, sir . . . thank YOU. For the opportunity and for the rail . . . happy to have bought in, and would do so any time the opportunity presents in the future.

That bracelet is coming . . .

jontm

SteveKerr;376861 wroteok so here is the break down

Cashed for $11,141 and got 30% withholding Tax

$11,141 - $5,000 (buy in)
= $6,141 - $1,842.30 (30% tax)
= $4298.70 + $5,000 (buy In)
= $9298.70 Total PAYOUT

So 1% action equals a payout of $92.99 USD which I will just payout $93 USD for every 1%

Those that I usually see I will give in person.

Those that I will be sending EMT to, I will get done this weekend. The exchange rate I am getting is 1.1039 so $93 USD is $102.66 CDN

Thanks again for your support.

Nice work, congrats to you and your BAPers. Was curious to the withholding on this size cash, it's not as bad as I would have expected. Thanks for the long math, my curiosity now curbed

JohnnieH

Received. TYVM.

Milo

Ditto . . .

Hobbes

Got it thanks

BlondeFish

Can anybody confirm that if the cash was <$10K, e.g., $9,999, the WSOP won't deduct any taxes because the net profit after the buy-in is less than the $5K tax threshold?

jontm;376895 wroteWas curious to the withholding on this size cash, it's not as bad as I would have expected. Thanks for the long math, my curiosity now curbed

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