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Old 09-12-2005, 05:32 PM
BruinEric BruinEric is offline
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Join Date: Nov 2004
Location: Southern California
Posts: 188
Default Re: At Party: January 2005 sign-ups, less than 30% still play there(+

[ QUOTE ]
'A couple of thousand expert poker players are winning loads of money from the thousands who are just not very good at it,' says Greg Feehely, leisure analyst at Altium Securities. 'They will wise up and go and put their money on the horses or play an online casino game.'

[/ QUOTE ]

What difference is this analyst actually suggesting exists between online poker and other forms of online betting?

Assuming what this analyst says is true about the "long-run," this is certainly not true about the short run, as anyone who has had downswings while infrequent players win at the table can attest.

I could put it like this:

'A couple of HUNDRED CASINOS are winning loads of money from the thousands who play, whether they are good or not at it,' so should have said Greg Feehely, leisure analyst at Altium Securities. 'They will wise up and go and put their money on ???????.'
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