First off, being a new member to ATS, I have long enjoyed reading your intellectual threads ranging from a large variety of topics that I find very
intriguing. I hope in the future I can become an avid user here at ATS.
I wanted to create my first topic on something I find very unusual: Online Gambling. The Justice Department for years have contended that online
gambling is illegal under US Federal Laws. The Justice Department relies on the Wire Wager Act to state this claim, amongst other acts like Gambling
Business Act, the Wagering Paraphernalia Act, and the Travel Act.
On October 13, 2006, President Bush signed the Unlawful Internet Gambling Enforcement Act (UIGEA), which restricts the acceptance of certain financial
transactions pertaining to illegal online gambling, and imposes requirements on banks and other financial service providers to identify and block
illegal financial transactions [reference www.lawrencewalters.com...
Now I want to make my statement clear at this point: Despite the rules and regulations about Online Gambling, I believe that the companies behind
these websites create ficticous programs to maniplulate the system.
Let me use the game No Limit Texas Hold'em for example: I have played poker for countless years, in almost all Vegas Casino's and most Casino's in
Southern California (Indian Reservations) and have made a decent living doing so. In comparison, I find that online gaming is nothing compared to
*real live* poker; simply because body movements, facial expressions amongst other things (called "Tells") can give a person's hand away. With
Online Poker, it is difficult to find a person's "Tell", but it is possible by their betting habits, previous hands played, amount of pots played,
To get back on track for this thread, I would like to strongly state that I personally believe Online Poker uses manipulative programs to create the
best possible scenario's of "Made Hands" to be made. Too many times do I see Ace Ace vs. King King or Ace King vs. Ace Ace or whatever the hole
cards might be before seeing the flop. Let me ellaborate more on my experiment.
I put together 5 poker friends and we logged onto www.betus.com, a internet gamling site located in the country Dubai. We all sat down on a 6-man
table maximum $.50/$1 table. We played for thirty minutes for a total of 65 hands. Each person kept track of their Hole Cards (the two cards given to
you) and later we made our conclusion.
We found that 53% of the time, we connected with some sort of card on the flop (which in turn truthfully happens 33% of the time connecting one of
your hold cards to the flop). We also found that when Ace Ace is dealt to someone, another person would have a pocket pair as well. In addition, this
lower pocket pair would connect to a card on the flop, giving that person three of a kind, in comparison to the person with Ace Ace [who will bet
Let me digress and state that Online Gambling Sites [poker sites] make a specific amount of commission from the table. This is called a rake. Almost
all sites use the percentage of 5%, with a maximum take back [rake] of $3.
What I am stating is this: These online poker sites manipulate the cards to maximize their profit intake by creating the best possible hands for
individuals playing. This could no doubt be easily accomplished by specific codes they have written in their program. Cards ARE NOT based on a
random selection of 52 cards as they are in real-life table games. Instead, these unregulated poker sites are creating a magnificant amount of MADE
HANDS so that people can bet more; thus creating more profit for them with more money being spent by the person.
I know this sounds so confusing to some, but I hope a few can relate. I have made roughly $600,000 or more from playing live poker games, but have
lost $30,000 from internet poker sites.
I am not bitter, but be careful!
[edit on 3-2-2008 by Quazze]
[edit on 3-2-2008 by Skyfloating]