God does not play dice: nun embezzles $835,000 for gambling
Categories: illegal, offline casinos Posted on: 12 Jun 2021 66 0
Estimate reading time 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...

14 times lottery winner
Categories: lottery Posted on: 17 Aug 2021 62 0
Estimate reading time time: 6 min, 1215 words

14 times lottery winner

If you ask a clever advantage player about the lottery, he'll most likely laugh in your face. It doesn't take James Grosjean to figure out that the lottery is just for suckers, dreamers, and grandmothers. After all, winning the ultimate prize has a 1 in 292-million chance of happening. To...

Absolute poker scam
Categories: cheating, online poker, video Posted on: 19 Apr 2021 61 0

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...

Casinos don't want you to know these 10 tricks
Categories: offline casinos, video Posted on: 15 Jun 2021 60 0

Casinos don't want you to know these 10 tricks

Having a gamble 'on red' or playing a few hands of cards may be a fantastic way for the ordinary punter to let off some steam. For the casinos, though, this is serious business, and they will do anything they can to steal your money as quickly as possible.

Twitch will prohibit all gambling-related links and referral codes
Categories: online casinos Posted on: 13 Aug 2021 60 0
Estimate reading time time: 2 min, 299 words

Twitch will prohibit all gambling-related links and referral codes

Twitch, the most popular live streaming network for gamers, posted a Creator Update on Wednesday, announcing that any links and referral codes to roulette, dice games, and slots on their site will be prohibited. On Tuesday, August 17th, the new restrictions will take effect. Twitch has announced that posting links or...

Can Casinos change RTP?
Categories: online casinos, slots Posted on: 24 Jul 2021 56 0
Estimate reading time time: 4 min, 768 words

Can Casinos change RTP?

RTP indicates how much of the wagers are returned as winnings. It will be given as a percentage. It would be a mistake to believe that this is the amount you will directly get. What happens if you bet £100 on a slot with an RTP of 95%? You could get...

Man re-sentenced to 20 years in prison over shooting at a poker game
Categories: crime, live poker Posted on: 19 May 2021 55 0
Estimate reading time time: 2 min, 328 words

Man re-sentenced to 20 years in prison over shooting at a poker game

On Monday of this week, a man from New York was sentenced to a minimum of 20 years to life in jail. A retrial was scheduled for Charquan Edwards, who was originally convicted for killing a man at a private poker game in 2015. Edwards was first sentenced to jail...

NBA referee which was fixing games for the mob
Categories: crime, interviews, sports betting, video Posted on: 7 May 2021 51 0

NBA referee which was fixing games for the mob

Timothy Francis Donaghy is a disgraced former NBA referee who served in the league for 13 seasons from 1994 to 2007, before he was caught up in a gambling scandal. Donaghy officiated in 772 regular season games and 20 playoff games during his NBA career. Donaghy retired from the league on...

The game you win by losing (Parrondo's Paradox)
Categories: other games, video Posted on: 30 Jun 2021 46 0

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...