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A New Beginning

Posted by Sangeeth Mohan on 2015-12-31 at 12:00 AM

2015 has been a great year for me. Personally and Professionally. I got married to a wonderful person, I got sponsored by the best poker site in the country and I made a bunch of new friends.

Even before I start writing, “Thank you lord for a great year”.

This year has been full of learning, unlearning and re-learning. I think I have finally figured how to not fall asleep listening to Galfond’s monotonous tone. The purpose of this blog was to say a year end goodbye and to address another issue which was out there.

There was a lot of talk about TDS recently on the social media and thats the reason I will start with that.

I remember a couple of years ago a representative from an online site in India messaged me on facebook and asked me to give the site a try. I said sure and I was informed that there will be a 30% TDS cut from my winning on that site.
I understand TDS and I know I need to pay my taxes which I do. However, as a professional poker player a direct cut from your winnings cuts down your profitability hugely. No matter what edge you have if u take 30% in TDS and another 4 or 5% in rake, you can pretty much say goodbye to your professional poker dreams.

When I got the sponsorship deal from Spartan, the first question I asked was, what about TDS on winnings? They said ” We will pay it for you”. I said ” Oh thank you, perks of being a pro huh?”. They replied ” Nope. we pay it for everyone”.

This one reply was good enough for me to start playing on Spartan, Pro deal or no Deal. They pretty much take all the TDS hit for you, give you a TDS certificate and give you your entire payout. I cant think of another poker site which will go this far to grow the game in the country.
This makes me very very proud of the company I am associated with and would recommend it to anyone proudly.

Also, there are a bunch of freerolls (100k+ prizepools), Cash bombs (Seriously? how much money do they have?) and Crazy4Omaha promos happening right now in case you guys are interested.

Happy New year.

May the flop be with you.

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Sangeeth Mohan

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