Letters to the Editor
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Online poker CANNOT be regulated
As an Internet data management professional and computer person, there is NO way that I would ever play online with real money. Why?
1) Games of skill require odds to be known. With online games, the odds are under the programmer's control, and can be manipulated.
2) Collusion is certainly possible, and almost guaranteed.
3) The house can use shills, and change the odds in their favor.
4) No scheme for monitoring odds can work, since the odds can be changed from hand to hand, and this means that ANY large scale monitoring cannot work.
It's just like voting with online terminals. No one knows who wins until the winner is declares, and then there is no way of checking.