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Aussie PM concedes what online gamblers already knew
Government claims that Australia would not fall into the world recession this year were proved wrong this week....all to the profit of economy-savvy gamblers who were not taken in by political opinions.
And government criticism of the online gambling group Centrebet, which ran bets on the issue, proved to be invalid as the economy contracted in two consecutive quarters, providing some big payouts to sharp gamblers who bet that this would be the case, reports the publication Monsters and Critics.
Centrebet financial analyst Neil Evans said the smart money had always been on the economy contracting, and that astute gamblers had always discounted political claims that billion-dollar stimulus packages would keep the economy growing.
"The up-side is that plenty of punters have backed the recession ... as well as being a little more emotionally prepared for what might be coming," Evans said.
This week Prime Minister Kevin Rudd conceded he was wrong and that the economy would indeed go backwards in 2009. Earlier, the government had been critical of Centrebet, claiming that making a market in the direction of gross domestic product was 'utterly irresponsible' because it preyed on the human misery of job losses, mortgage foreclosures and business bankruptcies.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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