This is mostly for the benefit of my mum, who is always worried that I’m going to go broke and starve to death.
This graph is money won/tournaments played. Notice the smooooth linearity. Over 5000 tournaments. Which is enough to be statistically significant, I think.
Note to ATO agents! Not To Scale! Windfall Earnings! Please Ignore!
Charles Murray slams the internet gambling legislation:
Thus society is weakened every time a law is passed that large numbers of reasonable, responsible citizens think is stupid. Such laws invite good citizens to choose knowingly to break the law, confident that they are doing nothing morally wrong.
The reaction to Prohibition, the 20th century’s stupidest law, is [...]
Hi. ChrisV here, I’m back on the Yobbo blog team. There have been some developments in the world of online poker since Yobbo’s posts on the subject. Mega-site PokerStars issued a short statement to the effect that they’ve decided it’s just going to be business as usual for them. And Neteller have, in the words [...]
Nolan Dalla’s view of the ramifications of the online gambling bill. Full article here.
As to the impacts on poker and sportsbetting, this new law is going to be DEVASTATING. Especially for poker.
Consider that:
A. If poker sites cannot accept deposits from US players, that will kill 70-80 percent of the overall market. The question becomes — [...]
Online gambling stocks nosedive
PartyGaming and 888 both said they will suspend their US operations once the new law comes into effect. President Bush is expected to sign the legislation within the next two weeks, after which it will be illegal for American banks and credit card companies to process payments to online gaming [...]
US Congress approves bill banning US banks from dealing with online gambling businesses. This could be the end.
Mansion Casino loses 5.5 million on their free bet promotion. Anyone who was in on this ridiculously good deal is now $1000 US dollars richer after the Pittsburgh Steelers accounted for the Miami Dolphins in the NFL approxiamately 1 hour ago.
Congratulations to all you lucksacks who had enough in your tank to place a bet.
Update: [...]
This is not a terribly coherent essay. It’s just a collection of stuff I’ve been commenting on Harry Clarke’s site. I’ve been arguing with Harry over gambling again, and the topic of pokies came up.
Since apparently “WA doesn’t have pokies”, and WA is so great because it doesn’t have pokies!!!!! Here are some facts about [...]
For those of you who have yet to check out ChrisV’s World Series of Poker blog, here is a link to his panoramic video of the main event poker room. This years WSOP was tipped to have around 10,000 entrants. I’m not sure if they could fit them all in there, but it would have [...]
Worried about the potential for terrorist financing, federal cabinet has examined wide-ranging legislation to ban foreign internet gambling and ordered further work before it makes a final decision, which may be next week.
Government sources said cabinet was looking at options including total prohibition, stiff industry regulations, or leaving policing to the states.
Here are your options [...]
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