A bad hand: Charity gambling law a disaster
The state passed a ridiculously burdensome new law to regulate charity gambling without significant input from charities and now the proverbial chicken is coming home to roost. Charity operators are saying theyll have to shut down their lucrative Texas Hold Em poker tournaments because they cannot comply with the law.
Related Gambling News:
- Charity Bingo reopens in Triana
- HollywoodPoker.com Helps Out with Charity Poker Series
- Flats charity gambling: Stakes raised for charity poker
- Call it crazy, but raising on nearly every poker hand can pay off
- Charity poker’s pot out of luck
- Online Poker Room Celebrates the Billionth Hand
- Charity gambling slips through legal loophole
- When a Hand Is Not a Hand
- Charity Gambling May Fold
- Bingo slump a threat to schools and charity
- DA: Charity gambling events restricted under law
- Gambling charity in funding plea
Interesting gambling information:
- When playing blackjack, always split Aces and never split 4's, 5's or Tens. You would be surprised at how many players split Tens. Why risk getting a lower hand when you already have a twenty value? Also note that at most casinos, you are not allowed to re-split Aces.
- The famous banker J.P. Morgan once walked out of a Monte Carlo casino because the stakes were too low? At the time, the maximum wager was 12,000 francs and Morgan wanted it increased to 20,000 francs. When the casino manager refused to increase the limit, Morgan left the casino saying "12,000 francs! I have no time to lose such ridiculous amounts."
- Blackjack originated in French casinos around the 1700's where it was called "vingt-et-un" (twenty-and-one) and has been in United States since the 1800's.
- Gambling is defined by the Webster's New World Dictionary as the following: to play games of chance for money or some other stake, or to take a risk in order to gain some advantage.
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