Tag Archives: gambling

It’s no surprise that scandals and controversy are prominent in poker given the amount of money involved. Ever since people started playing poker, the poker industry has endured thousands of scandals involving both industry professionals and world class gamblers. Even …

Qui Nguyen has made poker news recently by winning the 2016 WSOP Main Event for $8 million. His unpredictable play has made this one of the most entertaining main event final tables in recent history. Before playing in the WSOP …

Huckleberry “Huck” Seed is best known for his winning of the 1996 World-Series of Poker Main Event, collecting the $1,000,000 first prize and a gold bracelet. He has taken home four WSOP bracelets as well as his total live tournament …

Erick Lindgren is one of the most famous poker players in the world, but has he gone broke? He dedicated his life to playing poker and reached significant heights on the felt. His brilliant career as a tournament pro took …

Anargyros Karabourniotis, more widely known as Archie Karas is one of the winningest modern day poker players, known best for ‘The Run’ which to date is the longest winning streak ever documented in the history of casino gambling. In just …

Gambler’s fallacy, also known as the Monte Carlo fallacy theorises that an occurrence is more or less likely to occur because of a previous occurrence. History The most famous documented example of gambler’s fallacy was a game of roulette at …

The Law of Large Numbers (LLN) is a theory which states that over time, a large number of trials or experiments will result closer to the expected value or result. It was first theorised by a 17th century mathematician by …