Horse Racing Carryovers for December 19, Video: Intro to Horse Racing, & The New Tax Bill And Gambling Deductions Explained

Carryover	Wager Type	Track	Date
$315	Hi 5	SUNLAND PARK	Dec 19
$210	JP Pick 6	SUNLAND PARK	Dec 19
$8,611	JP Pick 6	MAHONING VALLEY	Dec 19
$608	JP Hi 5	MAHONING VALLEY	Dec 19
$12,374	JP Hi 5	POMPANO PARK	Dec 19
$5,051	Hi 5 R4	POMPANO PARK	Dec 19
$819	Pick 6	Turf Paradise	Dec 19
$1,546	Hi 5	TAMPA BAY DOWNS	Dec 20
$967	Hi 5	TURFWAY PARK	Dec 20
$2,193	JP Pick 6	PENN NATIONAL	Dec 20
$3,498	Hi 5	Fair Grounds	Dec 20
$190,984	JP Pick 5	Fair Grounds	Dec 20
$167,193	JP Pick 6	Gulfstream Park	Dec 20
$99,703	Pick 6	AQUEDUCT	Dec 21
$983	JP Pick 6	CHARLES TOWN	Dec 21
$43,831	JP Hi 5 LR	MEADOWLANDS H	Dec 21
$19,459	JP Hi 5 R5	MEADOWLANDS H	Dec 21
$158,201	JP Hi 5	WOODBINE HARNESS	Dec 21
$1,385	JP Hi 5	HAWTHORNE	Dec 22
$1,176	JP Pick 6	HAWTHORNE	Dec 22
$930	Pick 5	JAPAN RACING	Dec 23
$1,141	Pick 5	Rosecroft	Dec 23

Carryover amounts are in $USD. Best efforts are made to make sure the above information is as accurate and complete as possible, though sometimes mistakes may still occur.

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Intro to Horse Racing:

HORSE RACING REBATES INCREASES YOUR CHANCES! Do you bet on horse racing online? If so, you should at least consider playing on a legal wagering site that gives decent daily rewards and monthly rewards. Shop around! You'll find ADWs like Horseplayersbet.com (BET $80 GET $60 NEW PLAYER BONUS available plus a $20 Initial Deposit Bonus) will definitely give you a bigger bang for your buck. If you are wagering online at an ADW such as Twinspires.com you are probably losing out on a lot of extra money.

THE NEW TAX PLAN ON GAMBLING DEDUCTIONS:

Gambling Losses
NOW You can deduct gambling losses but only up to the amount of any gambling income during any given year.

NEW PLAN The bill clarifies that people (including many professional gamblers) who also deduct wagering expenses, such as the cost of travel to and from a casino, must add those expenses to their total losses before comparing that sum to their total taxable winnings for the purpose of making the overall deduction calculation. This clarification does not apply to expenses that gamblers incur beyond 2025.