Daily Rewind: Short Handed Fun in Ireland, Petersen's Success Story, Spanish Tax

In today's Daily Rewind we get the numbers from the European Short Handed event in Dublin, see what Mickey "mement_mori" Petersen has been up to and clarify Spain's position on player taxation.

The Daily Rewind is your one-stop-shop for a sharp review of the day in poker. Join us here for a mix of the latest news and a more irreverent insight into the poker world. Today we discovered the following topics for you:

Players flock to short handed event

Mahot in the lead

Despite the WSOPE being in full swing the European Short Handed event in Dublin has attracted a bumper field.

At the close of yesterday's second starting day the field had swelled to 818 players. With each player putting up €500 to play the event, it meant the final prizepool topped €400,000.

A strong French contingent have graced the Irish shores for this tournament and when the remaining 300 players return tomorrow they'll all be trailing the likes of Cedric Mahot who finished yesterday's session with 160,000 chips.

A total of 84 players will take home some cash; with the eventual winner bagging €65,000.You can keep up-to-date with all the action through D4 Live's blog.

Petersen blogs

When you're a world-class tournament player the grind never stops, even if you've just taken down another title and are in the middle of moving house.

After winning the English Poker Open for almost $126,000 and cashing for more than $30,000 during this year's WCOOP, you might think that Mickey "mement_mori" Petersen would want a break.

Indeed, this year the young player has taken down two titles and earned himself $621,680 in the live arena, not to mention thousands more online.

However, according to his latest blog his "inner degen already wants to get back on the grind". With the EPT San Remo next on the cards, Mickey will be hoping to repeat his recent performance in London.

Describing his win, he says: "Long story short I won the whole thing two days later for £78,660 after running absurdly good in all-ins (won KT vs. AJ on the bubble, then AJs vs. AQ)".

There's little doubt that the Danish player has found his form this year and with three moths left until the close of 2012 there's still time for him to earn some more titles.

Petersen's WCOOP profit

High stakes corner

Ben "Sauce123" Sulsky banked another healthy win yesterday after just 844 hands. The nosebleed player added $128,433 to his bankroll, taking his total profits for this year to over $3 million.

That total now puts him even further ahead of "EireAbu" – who's currently made $2,412,328 - in the yearly profit charts.
 
The win also puts him almost $1 million ahead of third player in the race for the biggest online winner of the year: PokerStrategist Jens 'jenskyllonen' Kyllonen.

Over the course 260,494 hands Jens has managed to bank a very respectable $2,127,638 profit; however, he's got a lot of ground to make up if he's going to catch Sulsky.

In contrast to Sulsky's day, things didn't go so well for Vladimir "GVOZDIKA55" Shchemelev yesterday. The Russian player dropped $207,021 in just 564 hands and ended the day as the biggest loser.

Also suffering losses yesterday were: "Geza4308" (-$192,250), "Zypherin" (-$136,171) and "Odd_Oddsen" (-$119,439).

A good year for Sulsky

New Spanish tax laws

Spanish lawmakers have clarified their position on poker taxation recently by announcing that all losses can be deducted from a player's annual winnings.

Up until now it was unclear whether a player could offset their losses against any profits and then be taxed on the adjusted total.

However, that now won't be a problem as the government has clarified the law, meaning that more poker players will only have to pay tax based on their true earnings, rather than their gross total.

Indeed, with the new rules set to take effect at the start of 2013 and be retroactively applied, there could be a boom in the Spanish market as players look to take advantage of the new poker friendly economy.

Daily Signoff

They say you shouldn't teach the fish how to play, but if you can get them to put all their money in with no hand like John Candy does in the film Stripes, then it's probably not such a bad thing.