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snide
04-18-2011, 10:14pm
Online poker giants dealt fraud charges (http://www.zdnet.com/news/online-poker-giants-dealt-fraud-charges/6219030?tag=nl.e539).

Didn't see that coming.

ChasC5
04-18-2011, 10:16pm
I reported my losses. :D

Datawiz
04-18-2011, 10:16pm
It's cuz their online hosts didn't continue to feed the barn bucks.

MattW
04-18-2011, 11:08pm
The deals allegedly included a $10 million investment in a private Utah bank that gave the poker companies more than a 30 percent ownership stake, prosecutors said.

Uh oh... :D

Bill
04-18-2011, 11:14pm
So, when the government promotes gambling via lotteries, that's great, but when private citizens try to horn in on the government's action, well, that's a crime and those people must be punished.

See anything wrong with this picture?

DAB
04-19-2011, 12:38am
So, when the government promotes gambling via lotteries, that's great, but when private citizens try to horn in on the government's action, well, that's a crime and those people must be punished.

See anything wrong with this picture?

greed is a powerful motivator.

as our little gameroom demonstrates, the house wins in the long run.

your average lottery is a complete ripoff for players. about 1/2 the pot is set aside for some budget item, then they pick a winner, and offer him the jackpot over 20-30 years, or a hugely discounted lump sum upfront. and then they tax that as income. greedy bastards.

MrPeabody
04-19-2011, 1:01am
greed is a powerful motivator.

as our little gameroom demonstrates, the house wins in the long run.

your average lottery is a complete ripoff for players. about 1/2 the pot is set aside for some budget item, then they pick a winner, and offer him the jackpot over 20-30 years, or a hugely discounted lump sum upfront. and then they tax that as income. greedy bastards.

And the beautiful thing is it's all voluntary. Idiots volunteering to be taxed.