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NEWS ABOUT: online poker

Forget the Mini-Mart: Now You Can Buy Lotto Tix Online

Why go to all the trouble of buying a physical ticket?

(Newser) - Poker sites may be strictly verboten , but another kind of online gambling is starting to crop up: state lotteries. Minnesota has already begun selling lottery tickets online, even offering year-long subscriptions for its Powerball and Mega Millions games, USA Today reports. Several other states are considering following suit. A bill... More »

Freakonomics: Poker Is Skill, Not Luck

Pros have drastically better return on investment

(Newser) - With the US cracking down on online poker , Freakonomics co-author Steven Levitt has published a study demonstrating that it’s a game of skill, not a game of chance. That’s a major distinction, because games of chance are forbidden as gambling under state and federal laws, whereas games of... More »

Here's Why You Kept Losing at Online Poker

Stats guru Nate Silver made most of his money playing in the boom years

(Newser) - Nate Silver offers a lengthy primer on the online poker industry and its prospects for survival after the recent crackdown by the feds , with this interesting reveal from the stats whiz: "Between 2004 and 2006, I played a substantial amount of online poker, using it as my primary source... More »

Gamblers Lose Big in Massive Online Poker Bust

Feds shutdown industry with help of Daniel Tzvetkoff

(Newser) - The online poker world is reeling after this weekend’s massive US government crackdown on online poker sites. The Department of Justice indicted the owners of the three largest sites—Full Tilt Poker, PokerStars, and Absolute Poker—for bank fraud, illegal gambling, and money laundering on Friday, shutting down all... More »

The New Gambler: Poker Bots

But they still can't beat the best humans

(Newser) - Online poker’s not just for humans anymore: Robots have entered the game, and they’re winning tens of thousands, the New York Times reports. Such bots have existed for a while—but only recently have they gotten good at the game, thanks to advances in artificial intelligence. Top game... More »

Reid Proposes Legalizing Online Poker

...But only for big casinos like the ones that donated to his campaign

(Newser) - Harry Reid’s staff is circulating a bill that would legalize online poker sites, the Wall Street Journal reports, in a none-too-subtle attempt to repay the big casinos that donated to his reelection campaign. The casinos argue that the bill would provide players with consumer protections, while tossing some tax... More »

Online Poker Creates Real-Life Teen Champs

Players can participate in thousands of hands a day

(Newser) - The last winner of the World Series of Poker, 22-year-old Joe Cada, had been legally able to play poker in a casino for less than a year. Yet by the time he blew away the competition at the WSOP, Cada had played millions of hands—by his reckoning, 2,000... More »

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