Category Archives: Gambling

How to Avoid ‘Winner’s Tilt’ and Other Hidden Perils of Poker Success

Most of us are familiar with the risks of losing: discouragement, depletion of our bankroll, and tilt come to mind. We might be less familiar with the risks of winning.

Sometimes in poker it’s all too easy to win a battle while losing the war. (Image: Business Insider)

Yes, winning carries its own set of perils that are perhaps even more dangerous than the risks of losing because they are less visible and, thereby, more pernicious.

Risk of Winning #1: Complacency

Aditya Wadhwani Stars in Netflix Show ‘The Big Day,’ Raises Profile of Poker in India

Aditya Wadhwani, one of India’s top poker commentators, players, and TV producers is the subject of a new Netflix show about weddings.

Indian poker player Aditya Wadhwani and his wife Gayeti Singh are the subjects of a new Netflix show called The Big Day. (Image: Sunil Jagdish)

Although he doesn’t have the same profile as broadcasters such as the WSOP’s Lon McEachern, Wadhwani is well-known to poker players in India.

As such, his appearance on The Big Day has got people talking about more than his wedding.

Dwan, Ivey, and Iverson Line Up for WPT Spring Festival Main Event

The World Poker Tour’s (WPT) first ever mobile-only tournament series is drawing to a close but not before the game’s elite assemble for the main event.

Phil Ivey and Tom Dwan will be among the players taking part in the WPT Spring Festival main event on Poker King. (Image: Poker King)

In conjunction with Asian mobile operator Poker King, the WPT will host its $300 main event from tomorrow.

As well as a $1.5 million guarantee, those anteing up can try to take $230 bounties from Tom Dwan, Phil Ivey, and NBA legend Allen Iverson.

The luck of the Irish has Ireland at the top of global gambling spend

It may not have originated in Ireland, but the phrase “the luck of the Irish” rings loudly in the country. According to The Irish Post, more money is spent, per capita, on gambling in Ireland than in almost all other countries around the world. Only in two countries – Australia and Singapore – is more spent hitting the slots and the tables than in Ireland.

The media outlet doesn’t source its data, but indicates that the Irish love online gambling more than any other form. Online gambling spend is 60%, greatly superior to other forms gambling and sports gambling, which only accounts for 15% of the money. The lottery receives a 10% cut, the same amount given to gambling machines and slots. Casinos, of which Ireland has around 20, pick up 5% of the action.

While Australia and Singapore may see more gambling spend per capita, Ireland is the hands-down winner in online gaming spend, with The Irish Post asserting, “Ireland takes the lead globally when it comes to online gambling.” It adds, “With almost 3 billion American dollars spent on gambling and betting every year, that means that each man, woman, and child in Ireland are spending roughly 500 [euros] ($607) annually on this type of entertainment.”

The media outlet further indicates that online gambling is most popular in Ireland because the segment is more regulated. It cites “outdated laws” that some casinos are exploiting to attract attention, but the transparency and accountability afforded gamblers by online operators give them an edge. The Irish Post explains that, according to reports, many Irish would prefer to gamble in a British casino than in a domestic one, possibly as a result of the outdated laws.