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Offsetting each individual bet is a very conservative way of reporting. You can use session reporting but may have to justify it to the IRS. Look at IRS Memorandum 2008-011: https://www. . . Hypothetically you deposit $2,000 at the start of the year, win a (net) amount of $12,000, place $12,000 of losing bets, and cash out the same $2,000 at the end of the year. So it is up to the taxpayer to use their best judgment and pay any penalties or interest if they get it wrong. Still, I think the session analogy is a great analogy to use and it comes straight from the IRS. high quality imitation bagsdior cheap bags

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