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College Students Turn to Online Poker to Finance EducationMon, Mar 31st, 2008 @ 12:00am With costs to attend university are reaching mid to upper five figures, a trend amongst some students is to play online poker to pay their bills, rather than wait tables or tend bar. After winning $160,000 in a tournament last year, University of Minnesota sophomore Hunter Fritz told his University paper that he considers playing poker online his job. He plays about three hours per day. Fritz isn't the only University student putting himself through college by playing poker online. Marketing junior Ryan Tongen told the school paper that he plays online 30 to 40 hours per week and pulls in a six-figure income each year, though he noted that playing poker for a living tends to take the fun out of the game. Tongen said he hasn't had much trouble balancing school and poker, but at times the money earned and time spent playing poker can make staying motivated for school difficult. Both players said they plan to play poker for the foreseeable future, but won't depend on it as a sole source of income. "Nothing is certain, and at the end of the day, you're gambling," Tongen said. "So if the worst happens, I'll still be safe." Considering how getting a college loan won't be so easy to get in the future, having alternatives like playing online poker and working extra jobs will become a necessity, Rep. Tim Mahoney, (D- FL) told The Stuart News. Referring to the loan crisis, he said, "Wait 'til next fall. Another looming crisis for college kids being able to borrow money to be able to afford to go to a Syracuse University or George Washington University, where it's $38,000 a year for tuition. There's nobody out there anymore willing to lend."
POKER AS A BENEFICIAL LEARNING TOOL Harvard Law Professor Nesson believes that playing poker has educational and business benefits, and so he founded the Global Poker Strategic Thinking Society (GPSTPS). The Society views poker as an exceptional game of skill that can be used as a powerful teaching tool at all levels of academia and in secondary education. They recognize that poker can be a metaphor for skills of life, business, politics and international relations. A major goal of GPSTS is to create an open online curriculum centered on poker that will draw the brightest minds together, both from within and outside of the conventional university setting, to promote open education and Internet democracy. "Poker teaches many lessons that are transferable to the challenges of life, including strategic understanding of risk, resource management and self control," said Nesson, a tenured professor on the Harvard faculty for close to forty years. "When to hold 'em, when to fold 'em, as the song says." Read Related Articles:
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Gold and Kardashian Host Celebrity Poker Fundraiser May 17 at Playboy Mansion 2006 World Series of Poker main event winner Jamie Gold and Khloe Kardashian from E!'s show 'Keeping Up with the Kardashians' will host the third-annual Celebrity Poker Tournament and Casino Night fundraiser for the Urban Health Institute, at the Playboy Mansion in Beverly Hills California on 6pm Saturday, May 17. Over $50,000 worth of prizes will be awarded to top finishers in the tournament.
Dutch Banks Asked to Stop Serving Online Poker, Internet Gambling List A Dutch Justice Ministry spokeswoman revealed that they are asking banks to join in the fight against illegal Internet gambling by stopping services to a list of online poker and online gambling companies located in other European Union countries, in a move reminiscent of the Unlawful Internet Gambling Enforcement Act (UIGEA) of the USA, though the action is not mandatory.
Ladbrokes Sweetens WSOP Main Event Finishes with Million+ Poker Bonuses Ladbrokes just made reaching the final table of the 2008 World Series of Poker (WSOP) Main Event sweeter, by offering a revised bonus of up to a $1,000,000 sponsorship package to any of the 100+ Team Ladbrokes players who are the final nine to play in the delayed broadcast of the Main Event's final table in November. In addition, Ladbrokes is offering sizeable bonuses for top 100 finishes in the Main Event.
Seven Events Completed in Latest Full Tilt Online Poker Series After just four days of play in the eight installment of the Full Tilt Online Poker Series, seven champions have already been crowned and more than $2 million has been given away.
Full Tilt Poker to Offer $25K Heads-Up Tournament
Top Asian Poker Pros Vie for Slice of $1 Million Prize Pool Pie at APT Manila The top professional poker players with Asian heritage will be vying for their share of the $1 million guaranteed prize pool at the upcoming first stop of the Asian Poker Tour (APT) on May 27 to June 1 at the Dusit Thani Manila Hotel in the Philippines.
Casino Bill with Online Poker Ban May Be Revived in Massachusetts Despite the protests against and March defeat of his bill to build three casinos in Massachusetts and ban online poker and Internet gambling, Massachusetts governor Deval Patrick said that his casino proposal to shore up ailing state coffers may yet make a comeback.
Canadian Jack Hinchey Wins $1 Million at 888.com World Poker Crown Tourney Canadian plumber Jack Hinchey this morning won the $3 million guaranteed 888.com World Poker Crown in Peralada Castle, Spain, defeating his fellow countryman Michael Lawson to take home the $1 million first place prize.
British Peers Call French Protectionist Gambling Laws Atrocious The UK House of Lords have collectively condemned the French government and the gambling laws that protect their state monopoly on gambling, which includes poker, calling the laws that put gamblers on a par with child pornographers as "atrocious." The criticism comes as France prepares to respond to continued European Commission (EC) pressure over its protectionist gambling laws.
More Support for Dafur Relief at San Miguel Casino Charity Poker Tourney At time of this writing, professional Poker player Annie Duke and Academy Award nominee Don Cheadle, are onsite at San Manuel Indian Bingo and Casino in Highland California hosting a celebrity Poker tournament and exclusive VIP after party to raise awareness and funds for the Ante Up For Africa project with proceeds going to the Not On Our Watch (NOOW) Project. |
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