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The Looming Battle Over Online Gambling
Kadin2048 writes "According to an recent Ars Technica article, the US is headed on a 'collision course' with the WTO over off-shore Internet gambling, if a bill currently in the House of Representatives passes. The 'Internet Gambling Prohibition Act,' (PDF) which updates the 'Wire Act' to prohibit Internet gambling regardless of whether the servers are located in the US or outside of it, is in direct contravention of a WTO ruling. Proponents of the bill claim that it was narrowly defeated in previous incarnations due to the influence of disgraced lobbyist Jack Abramoff. However it seems as though some of Abramoff's biggest clients -- brick and mortar casinos -- are really the big winners from passage of this bill, since it does not prohibit gambling in person, only online."
Or at least, a bill has been tabled.
e nt/session2/b060_e.htm
http://www.ontla.on.ca/documents/Bills/38_Parliam
If you could be anything you want, I'll bet you'd be disappointed.
Time to join the Poker Player Alliance, which has been specifically formed to fight legislation like this. Besides, they've got a pretty neat T-shirt.
well, as a tech employee who was out of work for 9 months, I thank god we had welfare, otherwise we would have lost everything.
Just for your info, whiole out of work, I spent 30 hours a week minimum doing something that directly involved finding another job.
Contrary to the republican mantra, a very small minority of welfare reciepents abuse thr system. Point in fact, most people on some sort of assistance work full time jobs.
The Kruger Dunning explains most post on
/* Gambling casinos don't gamble. If you play enough, you will ALWAYS lose. */
If this was a slot machine, or other game of chance where the casino has a vested interest in you losing all of your money, that would be true.
This seems to be more about poker, though. In poker, you do not play against the casino, you play against the rubes. The house merely takes a percentage (the rake) of the pot. On the $3-$6 tables I play, that starts a $1 per pot.
Now, what happens is that people come and go on this table, and they tend to lose x amount of money before they leave. When one player leaves the table, the pots get smaller, and that means the rake gets smaller.
Now, using this information, it seems to me that the casinos want you to play A LOT of hands.
More players = bigger pots = higher rake
Poker is the one game where the casino does not care at all how much you make or lose at the table, because they only get a percentage of each pot.
A Haiku: my language choices/assembler pascal lisp c/old school programmer