Posts by Simon Betts 2 publicly visible posts • joined 18 Oct 2007
The quarter billion will be the amount he puts through the market in bets, i.e. turnover, or throughput if you like. For example he'll place a £500 back bet, wait for the odds to move (hopefully in his favour) and then place a £500 lay bet. There's £1K towards the quarter billion, but he'll do that many times trading a single race, in about 50 races a day. Soon adds up. Good luck to him.
Wow. After years of LOLing at the "online poker is teh RIGGED" brigade it is really quite shocking to read this news and watch this bubbling over on the 2+2 forums the last few weeks. This could be hugely damaging to Absolute, and by association, all the other online poker sites.
I really hope it doesn't scare the fish away, although it may explain why no-one folds to my river bluffs.
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2024
