ClubWPT Gold withdrawals usually take 3-5 business days after approval, but real experiences range from 2 days to over a week. For example, one player got $200 via debit card on Monday after requesting Friday—super quick!reddit+1​ Official rules say approval can take up to 72 hours, then funds hit your bank or debit card in five business days. Bigger wins over $600 need a W-9 tax form first, which adds a day or two—like one user waited extra for paperwork.

Is ClubWPT Legal? A Simple Guide for Poker Fans ClubWPT is a popular online poker site run by the World Poker Tour. It works legally in most places by using a sweepstakes model instead of real-money gambling. For example, you pay a $24.95 monthly fee to enter tournaments where you can win cash prizes like $100,000 monthly pools, but no purchase is needed to play or win. This keeps it open in 43 to 47 U.

Yes, Club WPT Gold does report to the IRS, and it does so in a way that’s different from most online casinos. When you win $600 or more in a calendar year, WPT Gold is required by U.S. Federal Tax Regulations to send you a Form 1099-MISC, which reports your winnings as miscellaneous income—not as gambling income like a traditional casino would. Here’s how it works in practice. If you withdraw $22,000 from WPT Gold during a year, you’ll receive a 1099-MISC for the full $22,000, even if you deposited $35,000 and actually lost $13,000 overall.

Schuyler Thornton won the 2025 WPT World Championship and took home $2,098,456 in first-place prize money. The Texas poker pro defeated 169 other players in the $10,400 buy-in tournament held at the Wynn Las Vegas. His victory marked his first major poker tournament win and added another champion to the prestigious WPT World Championship list that includes past winners like Scott Stewart (2024), Dan Sepiol (2023), and Eliot Hudon (2022).

What is a Rake Chase? Rake chases are poker promotions which are incentives for players to rake more and reward them generously for that. In contrary to a rake race, you don’t compete against other players , but instead chase your own individual targets. In order to hit the points targets you need to play a certain amount of poker hands or tournaments for real money. As soon as you hit the points requirement, you have secured yourself the amount of money, which was preset for the respective level.