Re: Where does the money come from?
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the two major sources (i think) are:
1. people who understand that their ev is negative but are willing to trade in money in the long term for short term bursts of excitement when they win. these people are known as "gamblers" and are not entirely new to society.
2. the "one-month, it's rigged, i quit" players who think they are winning players because they see poker on tv and think "hey, i can do that!". these people usually sign up, put in $100 and lose it, then never play again. i think that there are TONS of these people.
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I agree with this, except that I think the second category is much larger than the first, and that the average amount donated is probably much closer to $1000 than $100, and that these players probably come back once or twice after their initial run of "bad luck" for another go.
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