PSU student wins $1.5M in poker tourney

Ryan Daut didn’t expect to come back to college this semester as a millionaire. Daut, a 22-year-old doctoral candidate in mathematics at Penn State, went to the Bahamas to play in the PokerStars Caribbean …
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Mon, January 22nd, 2007

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Interesting gambling facts:

  • The Great Wall of China was financed, in part, by a lottery. The Bible is replete with references to drawing lots. Lot casting was a favored means of communication between man and god.
  • Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
  • In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.