Online Gambling... For A Living

from the why-not? dept

While the US continues to ban online gambling (and look for ways to stop anyone who dares to find non-US-based sites to keep on gambling), the UK has decided it's better to just regulate online gambline -- especially as some players seem to be making something of a career out of it. Of course, the online poker player they talk to seems to have made a career out of beating Americans who shouldn't be gambling online anyway: "The best time to play is between 4am and 7am," she explains, "because the Americans are playing - and they're drunk."


Reader Comments (rss)

(Flattened / Threaded)

  1.  
    identicon
    Mike Clouser, Aug 9th, 2004 @ 5:20am

    Internet Gambling

    Hello from the UK.

    What is even more interesting is the gambling bill now being reviewed by Parliment.

    One of its provisions would make for a tax-free enviornment for internet gambling firms in the UK. The idea is that its better to create jobs and keep the internet gambling companies in the UK than lose them to offshore Islands (such as Canary). Add this to a regulatory function, and the UK will not only legitimize internet gambling, but also catalyze its rapid growth.

    Curently, the internet gambling market is ~ $7.5 billion; by the end of next year, it will be $15 billion; The internet gambling market will be a $200 billion market by 2015.

    The US will miss out on a huge economic opportunity essentially because the States see internet gambling as a threat to their lottery revenues.



    Michael Clouser
    Ph.D. Candidate - Entrepreneurship
    University of Edinburgh
    Edinburgh, Scotland, UK

     

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  2.  
    identicon
    Bill, Aug 9th, 2004 @ 6:27am

    He's only half right

    The guy in the story is funny but many people make a living gambling online. I don't make my living doing it but I do make some nice side income. Here's the story of one gent who decided to see if he could make a living playing poker online while he waited for a full time tech gig.

     

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  3.  
    identicon
    dorpus, Aug 9th, 2004 @ 9:18am

    Pai Gow

    Asian markets have a way bigger supply of gambling addicts who are prevented from gambling legally. Millions of laborers throughout the region who work those 18-hour days like to spend it all on illegal street gambling. There is a common practice of retail stores that suddenly shut down overnight, because the owner incurred huge gambling losses and is on the run from the mob. Incredible con artists too, who are grand masters at the art of cheating. It'll be interesting to see the upcoming havoc.

     

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  4.  
    identicon
    Anonymous Coward, Aug 10th, 2004 @ 11:42am

    Re: Pai Gow



    dorpus,

    Every time I read one of your posts it's the equivalent of taking too many drugs and being gang-raped & eventually not knowing where I am the next day ...

     

    reply to this | link to this | view in thread ]

  5.  
    identicon
    RK, May 1st, 2005 @ 9:26pm

    ya right...

    the UK players are some of the worst on the net... mostly loose-passive players, if anything we feed on them, but there are sharks on both sides.... the only people I really look out for are the Swedes, them as a collective group seem to be pretty good players, the people in the UK are gambling degenrates

     

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  6.  
    identicon
    janice, May 9th, 2008 @ 12:05pm

    Gambling could be a hobby. It might have a good and bad effect. It is now easy to access it online now a days. As what Europeans are doing as they play poker online. Though it could be a waste of time,money, and effort but it's nice to have a career out of it..

     

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  7.  
    identicon
    card counting, Jun 30th, 2008 @ 7:36pm

    gambling poker

    GamblingPlanet is the #1 Online Casino & Gambling Guide offering you the most reliable and best casino reviews with the hottest bonus offers available.

     

    reply to this | link to this | view in thread ]

  8.  
    identicon
    megan, May 31st, 2009 @ 7:42am

    Casino High Payout

    Well, evident are the POker tournaments that are shown in the TV and they are really making real and huge money. If you intend to make it a living, look for sites with High Casino Payouts

     

    reply to this | link to this | view in thread ]

  9.  
    identicon
    Keenan Nichols, Jan 14th, 2010 @ 3:37am

    Interesting. Maybe that's why the odds of losing is lesser at 4AM when I play poker at Gamblux casino online. Nice work.

     

    reply to this | link to this | view in thread ]


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