December 5th, 2008Bailing Out Poker Players
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…

For those poker players wanting a better game (Options Trading), check out the following from Geldpress:
- Poker – If The Cards Don’t Get You, The IRS Will!
- Time for cover – the covered call
- Review Of Volatility Edge In Options
- Hit jackpot returns with a Russell 2000 butterfly spread
- Iron Condor Disaster Recovery – Adjustments
- Free Government Grant Info
- Covered calls – removing the covers and going naked