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"70% chance we'll be caught, arrested for fraud"
Caught by who????? Arrested by who????? What laws are on the books in the USA to warrant any arrest or prosecution of any of these online gambling sites???? Get a clue people...
Many online poker sites are fixed in two ways. First, the cards are “Juiced”, that is, at a 8 - 10 person table, 70 - 90% of the players have a taste of the pot based on the 2 down cards they receive. The more people who bet, the more they loose. The more people who loose, the more they re-deposit. The more they re-deposit (and play) the more the online poker company rakes, and the more transaction fees it receives from both the player and the electronic funds companies that sponsor the site. Online Poker is addictive, and by “Juicing” the cards, most companies are preying on this, with 18 - 25 year olds being their prime target audience... By the time the “below average” poker player has gotten in major debt and closed his account, he has already re-deposited 3 or more times, many times more than the initial deposit - it’s a fact.
Secondly, after a cash out of money that you won beyond your initial deposit, nearly everyone experiences the “losing trend”, where you catch no cards, you get bad beats time after time, and the ONLY cards that can beat you are ALWAYS the cards that beat you. After extensive searching online, I cannot find any reasonable explanation to this from anyone, other than most online poker sites want you to bust for the above reasons.
I am a 14 year “Hold ‘Em” Player who is above-average in skill, but not a “Pro” by any means. I played online Hold Em for the first time 6 months ago on ‘Party Poker’, and had never seen such card distribution in my life. It was very clear from the first hand that something was a little odd about the cards that were dealt. I lost $ 4800 in 4 months on Party Poker, most of that in disbelief of the bad beats. I recently joined an online site that uses PricewaterhouseCoopers auditing of their cards, and have been a consistent winner every week since... Just a coincidence? I don’t think so....
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