Quote:
Originally Posted by wazz
Semi-serious question funny enough to merit me coming out of retirement.
'Michael, this is a bit of a bizarre question - but sparked by something you said to me at A's leaving party (not sure if you remember the conversation, it was about midnight, just before I left for the last train).
You said that anyone with reasonable intelligence and decent numeracy could make money out of poker - you just need to learn a few basic rules and be prepared to work at it a bit.
I wondered if it might be something you could reasonably teach to bright, unemployed youths in Africa? As you probably know, cities like Addis have huge problems with rural unemployment. Even if someone is clever and has a secondary education, there just aren't many jobs for them. Most of the traditional approaches to youth employment generation rely on teaching them a vocational skill - which normally fails because the local market is small and there are huge barriers to the international market.
But poker gives a fantastic level playing field. Someone in Addis can't compete internationally in car manufacturing, or providing haircuts - but they can play poker with anyone in the world, and make money out of it.
So you could have a system where you teach youths to play poker, they log on to a pre-developed system (backed by some kind of insurance system so they can't lose money), play, and then winnings are distributed in some way between members.
The NGO could be called 'Gamblers without Borders'.
What do you think?
Adam'
I think you have not thought this through enough .... Why not PAY them to play, out of the rakeback generated ? You take the outcome (loss/win) risk. If you like, pay a bonus to players for winning or playing by the book.
A while ago PokerFarm, a prop busness (no relation to current ThePokerFarm as far as I know) ran that model, in LatAm, not Africa. .... Its demise was not a fault of the concept.