The Ashes Ashes blog just wrote an excellent piece on The Global Poker Tour, and its striking similarities to the widespread bailouts going on.  It’s definitely worth reading for a good laugh, or perhaps a cry!


The Masters decided that they would create two new parts of the GPT: one would be a method by which spectators could wager with each other on who each thought would win the tournament, who would survive longer in the tournament, who would win a given hand, even who would finish their free cup of coffee first!…The second part would be a program by which players AND side-betting spectators could purchase insurance against their bets AND debts, just in case some member of the GPT or some member of the spectator group had unexpected bills to pay…

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