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Leading Federal Judge Rules That Poker Is a Game of Skill Not Covered by U.S. Gambling Act

Posted By: Chuck Bower
Date: Wednesday, 22 August 2012, at 1:25 p.m.

In Response To: Leading Federal Judge Rules That Poker Is a Game of Skill Not Covered by U.S. Gambling Act (Alfred Mamlet)

From the NYTimes article Alfred linked:

At a post-trial hearing, the government offered as its expert econometrician David DeRosa, who challenged Heeb's analysis on the top players winning consistently.

So many players lose money, DeRosa told the court, that "if a player were to make a profit at any given session in a game where he faced a negative expected rate of return, such profit would have to be primarily as the result of luck."

Let's see, if your expectation is negative and you come out positive you are lucky. Hard to argue with that. So, is negative expectation the only possibility? It would be interesting to read if there was more to this "expert" opinion than was quoted in the article.

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