Player bets $78 million
September 8th, 2016 at 3:27:24 PM
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One player in NJ bet $78 million in on-line gambling in 2015.
http://www.yogonet.com/international/2016/09/08/single-new-jersey-online-player-bet-usd-78m-in-2015
http://www.yogonet.com/international/2016/09/08/single-new-jersey-online-player-bet-usd-78m-in-2015
September 8th, 2016 at 3:54:28 PM
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Quote: FatGeezusOne player in NJ bet $78 million in on-line gambling in 2015.
http://www.yogonet.com/international/2016/09/08/single-new-jersey-online-player-bet-usd-78m-in-2015
I wonder if he got a free buffet?
Simplicity is the ultimate sophistication - Leonardo da Vinci
September 8th, 2016 at 4:09:04 PM
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Kind of a disingenuous number without telling us real losses... 99% VP vs. slots are literally an order of magnitude apart.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
September 8th, 2016 at 4:21:24 PM
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Yeesh. That amount is more than half the total gross revenue for all online gaming in NJ for the entire year ($148,880,180 from page 2 as reported at: http://www.nj.gov/lps/ge/docs/Financials/PressRel2015/December2015PressRelease.pdf ). Yes I know his wager total does not equal revenue, in theory he might 'only' have produced 2 million-ish while turning that over, but still. Online gaming isn't actually attracting very much business at all. Outside of that guy, and a small number of hyperactive degenerate soulmates tweaking out with him, apparently.
Suck dope, watch TV, make up stuff, be somebody on the internet.
September 8th, 2016 at 4:36:06 PM
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One part I founderstand interesting was the last sentence. They are in talks with UK to have NJ and UK poker platforms connected. How long until poker stars is world wide again?
Expect the worst and you will never be disappointed.
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October 14th, 2016 at 7:47:58 PM
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All I can say is "WOW". I cannot just waste $78 million in one year and that guys manage to do that. I hope the casino treat him for a holiday vacation with them.
October 14th, 2016 at 7:56:07 PM
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Without reading the article, I know that the author, as well as some of you guys, are misinterpreting what that $78M means.
Remember the churn.
If you bet $5 for example, and win say $25, and then bet that $25 and lose it, yes that's $30 action, but you only lost $5.
$78M represents the $30, not the $5.
Remember the churn.
If you bet $5 for example, and win say $25, and then bet that $25 and lose it, yes that's $30 action, but you only lost $5.
$78M represents the $30, not the $5.
I invented a few casino games. Info:
http://www.DaveMillerGaming.com/ —————————————————————————————————————
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
October 14th, 2016 at 9:41:49 PM
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Quote: DJTeddyBearWithout reading the article, I know that the author, as well as some of you guys, are misinterpreting what that $78M means.
Remember the churn.
If you bet $5 for example, and win say $25, and then bet that $25 and lose it, yes that's $30 action, but you only lost $5.
$78M represents the $30, not the $5.
I read it as the equivalent of the amount of "coin in"... which really has no relevance to the amount of losses... other than you can calculate a theoretical loss.
