Quote:
Originally Posted by Timely Hero
Fish don't keep poker sites going everyone does. What do you not get? Fish and winners pay the same fee to enter a tournament. Fish and winners pay the same rake on hands. Winners end up paying the site out more actually so in poker it makes no difference.
Anyone that thinks that sportsbooks are some money printing enterprises doesn't understand a thing about sportsbooks and should just shut up. Poker will be legalized in this country before online sportsbooks because poker will make the country more money
You have no idea what you are talking about.
Sports betting won't be legal for a variety of reasons that have nothing to do with amount of money to be made.
By your logic, why are fantasy betting sites and video game wagering sites and spades gambling sites legal currently but online poker is not? All those things combined don't equal a drop in the bucket of casino, sports or poker revenue.
And just look at the regulated areas to see how much more money casino and sportsbetting can make. Not just in a live setting, but even online. Look at 888 and Ipoker revenue reports as an example.
And risk does not equal profit. Yes, a really stupid book can go out of business more easily than a poker room can, but it doesn't take a genius to limit winner's bets (most sportsbooks do this) and the proof of it being so profitable is in how the casino and sportsbook sites treat their poker customers (as money sheep rather than customers, because they're always chasing and failing to meet the type of $$ per customer they make on the casino and sportsbook guys).
Maybe you have bias because you are a winning player and writer and feel it is so easy that many must do it. But you are incorrect, these online casinos and sportsbooks make a killing.
Last edited by ChicagoRy; 02-13-2013 at 05:48 AM.
Reason: sorry for OT, this is a cashout thread, just came across the post and was floored by the reasoning given