Trying to wrap my head around how gambling taxes work, especially with online stuff like sports betting and crypto casinos. Seems like a whole new ball game!
I saw an article about VIP bonuses on crypto casinos https://www.crypto-casinos.com/crypto-casino-bonus/vip-bonus/ , but it didn't mention anything about taxes. Are these winnings treated any differently than regular gambling?
The whole thing feels like a minefield. Definitely don't want to end up owing Uncle Sam a fortune because I didn't understand the rules. Anyone have any tips for beginners navigating the world of gambling taxes? Is it best to consult a professional or can I figure it out on my own? Thanks in advance for the advice!
