Paul Pierce, an NBA legend, is being sued for a large poker debt
Categories: crime, live poker 13 Jun 2022 104
Reading time: 3 min, 510 words

Paul Pierce, an NBA legend, is being sued for a large poker debt

Paul Pierce, nicknamed "The Truth," is being sued for $180,000, which he allegedly lost playing high-stakes poker games. The case was brought by Stephen Carmona, who alleges Pierce borrowed the massive cash from him but never paid it back. Pierce, according to Carmona, visited him in January while he was holding...

The game you win by losing (Parrondo's Paradox)
Categories: other games, video 30 Jun 2021 105

The game you win by losing (Parrondo's Paradox)

While researching the interaction of thermodynamics and information theory, scientist Juan Parrondo discovered that a system of losing games could create a winning outcome. And it's not simply by playing them strategically; it's also feasible for two sure losers to produce a winner when played at random. The test of our...

Fake real money casino streamers
Categories: cheating, online casinos, slots 21 Feb 2022 108
Reading time: less than 1 min, 71 words

Fake real money casino streamers

Let's get one thing straight: when it comes to casino streaming, the only thing you can be sure of is that you can't be sure of anything. It's virtually hard to tell whether a streamer is gambling with real money unless you have complete financial transparency. Those of us who...

Absolute poker scam
Categories: cheating, online poker, video 19 Apr 2021 110

Absolute poker scam

Absolute Poker was founded in 2003 by a group of fraternity members from the University of Montana who had no prior gaming experience. They relocated the business to Costa Rica, where it could function without the need for a gaming license. KGC provided casino sites with their betting "licenses" in...

China busts $250m illegal gambling junket operator
Categories: illegal, offline casinos 9 Nov 2021 110
Reading time: 1 min, 238 words

China busts $250m illegal gambling junket operator

Chinese officials continue to crack down on unlawful gaming. With China outlawing all kinds of gambling and prosecuting wrongdoers abroad, everything save the National Lottery is banned. Authorities in Heilongjiang and Jilin provinces have uncovered a criminal enterprise that provided junket services and transported Chinese high rollers to Tigre de Cristal,...

God does not play dice: nun embezzles $835,000 for gambling
Categories: illegal, offline casinos 12 Jun 2021 111
Reading time: 1 min, 260 words

God does not play dice: nun embezzles $835,000 for gambling

After pleading guilty to federal fraud and money laundering charges in California, a septuagenarian nun faces up to 40 years in jail. Sister Mary Margaret Cooper admitted to defrauding St James Catholic School in Torrance, California, of $835,000. Most of the funds she blew on gambling trips to Las Vegas and...

A poker player has been sentenced to prison for film piracy
Categories: crime, live poker 3 Aug 2021 113
Reading time: 2 min, 365 words

A poker player has been sentenced to prison for film piracy

After confessing to running subscription-based websites that illegally streamed thousands of copyright-protected movies and television series to customers, poker player Talon White was sentenced to 12 months in federal prison. When he was detained in November 2019 and charged with copyright infringement and tax evasion, the Newport, Oregon native identified his...

Archie Karas interview
Categories: gambling history, interviews, live poker, video 24 Apr 2021 115

Archie Karas interview

Archie Karas, a gambler who started with $50 in 1995 and made it into $40 million in three years, only to lose it all in three weeks. Man with one of the most outstanding streaks in gambling history tells his life story. Article about Karas