There is no cap on the reporting of gambling winnings. Gambling losses are limited to the amount of your gambling winnings. Winnings are reported on your Form 1040 as income and the associated losses, limited to the amount of your winnings, are deductible as itemize deductions. So, they are reported separately on your tax return so that may be what is confusing you.
You can deduct travel costs associated with your gambling if the primary purpose of the trip was to gamble. You can learn more from this TurboTax article.
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