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THE WORLD'S #1 POKER MANUAL - Card Games

THE WORLD'S #1 POKER MANUAL - Card Games

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Poker Book, Notes on draw games<br />

The Billion-Dollar Poker Industry<br />

Public poker is a billion-dollar-a-year industry involving 400 California card clubs, scores of card clubs<br />

in other states, and about 100 Nevada casinos.<br />

The public poker industry could collapse if a majority of its customers--the losers--ever fully realize the<br />

amount of money that they will lose with automatic certainty to the winners (good players,<br />

professionals, and professional cheaters) and to the casinos or card clubs (through automatic rakes or<br />

time collections). Once they clearly understand their inevitable and inescapable loser's role, some public<br />

players might quit poker to save their time and money. Others might switch to private poker to eliminate<br />

their automatic losses to the house, the professionals, and the cheaters. Still others might switch to other<br />

gambling or casino games to eliminate their losses to the good players, the professionals, and the<br />

cheaters. Or would they quit or switch? Would the losers abandon public poker despite knowing the<br />

inescapable multiple tributes they must pay to the house, the good players, the professionals, and the<br />

cheaters?<br />

All other legalized games have a sound and honest operating base that mechanically extracts fixed<br />

percentages from all players. Professional players and widespread cheating do not exist for any casino<br />

game (except poker) because in those other games, players cannot extract money from other players-and<br />

no player can extract money from the house or casino over the long term. Therefore, no true<br />

professional player can exist for any casino game (except in poker and perhaps rare cases in blackjack)<br />

because no player can support himself by gambling against immutable odds that favor the house or<br />

casino.<br />

The public poker industry, on the other hand, is built on a unique establishment of genuine professional<br />

players who make a living by applying superior poker abilities, collusion cheating, or a combination of<br />

both to consistently extract money from the other public players--the losers.<br />

Could the billion-dollar public poker industry survive if the losers clearly understood their role of being<br />

permanent milch cows to the house, the professionals, and the cheaters? Perhaps . . . perhaps not . . .<br />

depending on how many public players would continue to accept their role as suckers and losers.<br />

If the losers ever began rejecting their sucker's role by quitting public poker, the public poker industry<br />

would collapse.[ 43 ] Indeed, the entire gambling industry would collapse if customers ever became<br />

imbued with rational self-interest and began rejecting their loser's role.<br />

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