Poker Tip: Don’t Bet on Sports
If you are like me and play poker online or in the casino you should really heed this warning, because I know my dad didn’t. He loved playing poker and would often win big, but his weakness was the ponies and he always lost there. PokerNews wrote a great little piece on this,
Cue the “X-Files” theme music because it’s “Tin Foil Hat” time. I discovered a new conspiracy in Las Vegas and it is that casinos purposely situate poker rooms near sports books to siphon money from poker players. Poker rooms do not generate as much income per square foot when compared to craps tables or slot machines. When most of the Las Vegas Strip went corporate in the 1990s, the suits eliminated poker rooms (with only a couple of exceptions such as the Mirage) because geriatrics playing $1 stud were a relic of the past.
In the mid-2000s, the resurgence of poker rooms on the Strip was a byproduct of the surging popularity of Texas hold’em. Many casinos capitalized on a trend during the poker boom and they strategically placed poker rooms in proximity to the sports books in an attempt to snare profits from poker players.
So if you are a good poker player it might be wise and profitable to stay clear of the sports betting.