Friday, January 21, 2011

Online Poker Player Owes $150 Million in Taxes



LetItFlow - Sometimes it doesn’t pay off to attract attention to yourself. Viktor Blom – aka Isildur1 – is learning that lesson the hard way as he faces a $150 million tax bill.  The identity of online poker star Isildur1 was officially revealed by PokerStars earlier this month, finally letting the public in one of the worst-kept secrets in the online poker world in 2010.  According to the newspaper, Isildur1 played for around $4.5 billion in total on FullTilt and could end up owing the Swedish government as much as $150 million in taxes if they decide to pursue the case.

Wait, people actually win in online poker? I honestly gave up a few years ago when I started assuming robots were winning.  Just me, but I don't like admitting defeat to robots, I had to move on.    And 4 Billion Dollars? Dude was cheating, right? Like taxes are the worst of his worries?

4 Billion! Come on man, you didn't think someone would notice missing taxes on billions of dollars.  I know rich people set up tax shelters and hide their money but where the hell did you plan on stashing that? That's the GDP of a few 3rd world countries.  Thats Scrooge McDuck swimming around in a pool of gold coins for shits and giggles kind of money.  I must be missing something here, I wouldn't have even assumed 4 billion dollars worth of money was even being gambled in total on online poker sites.  My mind is figuratively blown.