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Showing posts from January, 2023

Legal US Poker Sites - United States Laws For Online Poker

All efforts to date have been thwarted, including one most recently when newly-appointed US Attorney General Jeff Sessions was forced to recuse himself from issues related to the Wire Act and online gambling because of his ties to Adelson. Adelson passed away from long-term illnesses on January 11, 2021. While he’s no longer alive to continue waging the battle against online gaming, many of the institutions he laid the groundwork for still exist. We still have to wait and see what effect they’ll have in the wake of his death. While the Nevada/Delaware pact briefly boosted poker activity, it did not significantly improve Nevada’s long term traffic numbers. It was, on the other hand, extremely useful for players in Delaware. As a significantly smaller market with only about a million people, access to out-of-state competition was essential to the efficacy of online poker in the state. As Online Poker continues to grow in popularity, operators need to know that their software platforms ca...

Measuring Skill And Chance In Different Versions Of Poker

This paper aims to measure skill and chance in different versions of online poker, using the best-fit Elo algorithm established in the first chapter. While Texas Hold'em arguably is the most popular version being played, the amount of skill involved might differ from other versions like Omaha Hold'em. Many platforms offer faster procedures to play (e.g. "hyper turbo"), as well as different levels of stakes. Given the richness of online poker data, it is possible to isolate the impact of these variations individually. The heterogeneity of best-fit Elo ratings decreases in quicker competitions or with higher stakes. Meanwhile, Omaha seems to contain more elements of skill than Texas Hold'em, as its analysis shows a wider distribution of skill levels of players. Pokerstars is the number one place to play Korean poker (Badugi) online. Traffic in the Pokerstars Badugi games is good and at peak times you can expect to see 20 or more cash games running ranging from 25c/5...