It's more than taxes — Why poker players don't take home all money they win

Poker is a game of extreme variance. Players can go stretches without winning or placing at a level that earns any cash. The wins, however, can make up for the droughts. Players can earn thousands to millions of dollars depending on the game or tournament entered. Considering poker is an inconsistent sport, players look to offset the risk involved. This is done through staking, where an "investor" will pay a player's way through tournaments for a piece of the action.
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Sun, Aug 25 20198:01 AM EST