Friday, October 12, 2007

This is how on-line poker will become legal (again)

The on-line gambling ban ("Unlawful Internet Gambling Enforcement Act" or UIGEA) imposed by congress last year is in trouble (in my opinion). The World Trade Organization is looking to fine the US for about $100 Billion for trade treaty violations. The US has already been found guilty. We can look for a federal judge to find a reason to strike down the law on a technicality very soon. That would get the conservatives out of this mess without having to take any action that would upset their base.

There is a good explanation here: US faces US$100 billion fine for web gaming ban http://www.itnews.com.au/News/62937,us-faces-us100-billion-fine-for-web-gaming-ban.aspx

It looks like we are almost there.

4 comments:

Anonymous said...

i agree with the legislation which aims to ban credit cards as a payment method for online gambling of any sort... and i think it should be enforced worldwide – not just in America. In fact, gambling with a credit card should be banned full stop. Not just on the internet. It’s a no brainer when you consider you are placing somebody else’s money on an uncertain event happening, with the aim to recoup more than you invested. Chance and credit do not mix well in my opinion, and continuing to allow it would only contribute further to negatively affecting the high levels of personal debt many citizens today find themselves in. I do however, think that the prohibition won't work; or at least it won’t be received well amongst gamblers - i mean what’s the point in banning a credit card payments made on an online poker game, for example, but not online sports betting? Slightly hypocritical no? I mean how can you allow someone to participate in online horse racing betting, but not put any money on a hand of texas hold’em poker? both activities involve a large degree of chance, and neither are guaranteed to yield financial return.
What really infuriates me is that the minority of irresponsible gamblers [those paying with someone elses money!] have now ruined the fun of online betting for everyone else - those like me who pay with money they actually have in their bank!!
At least for the Americans there is always the free online poker games!

Anonymous said...

i highly recommend playing internet poker at one of the many free online poker sites first, in order to hone your skills before you potentially lose all your money!!

jennifer said...

I agree with you all.I think it will be bani for highly recommend playing internet poker at one of the many free online poker. some time Typically the problem is bankroll management, and this is coupled with self discipline. Even if you are the best player, you will get bad beats, and gambling too much of your bankroll is a big mistake.
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