| Poker, Gambling and Business |
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There are certain similarities between gambling and business. Not everyone is cut out for both gambling and business, pretty much like not all employees could become entrepreneurs . Both involve varying degrees of risk. A lower risk means lesser return. Greater risk potentially means great results. So it came as no surprise that a huge pay-out came the way of a 22-year-old college dropout from Denmark, Peter Eastgate. He vanquished opponents in the World Series of Poker, winning US$9.15 million. The second-placer, Ivan Demidov, got US5.8 million. Not too bad, huh? The popularity of poker has been enormously pushed by the internet. The PAGCOR, who also operates the Philippine charity sweepstakes and the lotto, is now into online poker. There are tons of information and so many websites dealing with poker (see partypoker, pokerstars, pacificpoker, fultiltpoker and 888), even if the traditional casinos, especially those in Las Vegas, are serverely affected by the current financial crisis. So, will you try your luck at gambling? Do you believe there's more chances of doing well in business than earning a huge amount in gambling?Let us know.
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