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Internet Gambling Legislation
September 19, 2008 - by Donny ShawThe economy may be crumbling, but H.R.6870 a bill to degregulate internet gambling, is dominating news and blog coverage on OpenCongress.
>The bill, entitled the “Payment Systems Protection Act of 2008,” prohibits the U.S. Treasury and Federal Reserve from enacting any regulation of the Unlawful Internet Gambling Enforcement Act (UIGEA) except “to the extent as any such regulation pertains to wagering of the type that is prohibited under chapter 178 of title 28, United States Code (relating to professional and amateur sports protection).” In other words, all regulations would be struck down immediately, except for those that concern online sports betting.
>
>After suspension of the current regulations, HR 6870 then calls for an “administrative law judge” to work with the Treasury and Federal Reserve to “develop and implement regulations.” The bill mandates that the new guidelines should “include a definition of the term ‘unlawful Internet gambling’ after conducting a full economic impact study of the proposed regulations.”
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Their is some skill involved with poker but it has alot to do with
luck as well. No skill will determine which cards that you get, who
that you’ll be playing against, etc.. Their is some skill in how you
play the game, read your players, etc.. but it’s not the end all.
Some of the poker pros tend to win at gambling more often, because they are making money from advertising, online poker rooms, book deals, etc.. and they have the money to play in various high level tournaments. If you are playing in dozens of high stakes tournaments with a limited field of players.. your destined to win a few of them.
Poker is clearly a game of skill. Otherwise there would be no long term winners, such as Doyle Brunson, consistently turning profit from it year after year.
Some commentators have argued that the operation of online poker Websites should be excluded from the reach of the new law because poker, being a skillful game, is not a game of chance. Under current state law that argument does not hold water. Most U.S. jurisdictions apply the Dominant Factor test to determine if a contest is a game of skill or a game of chance.
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mimmy
Alcohol Addiction Treatment