He has bankrupted a few casinos. So, he is pretty good at poker. | Hacker News

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		sanp 9 months ago \| parent \| context \| favorite \| on: Bond rout starting to sound market alarm bells He has bankrupted a few casinos. So, he is pretty good at poker.

optimalsolver 9 months ago [–]

Bankrupting a business where you have a mathematically insurmountable edge is actually impressive.

wahnfrieden 9 months ago | | [–]

It would be useful for laundering.

ac29 9 months ago | | [–]

Large casinos are very expensive to build and operate. Even if they have favorable gross margins (the house edge), its pretty easy to lose money net of expenses.

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