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19

Ex-High Stakes Poker host pays back money won from illegal home game

About 2 months ago we wrote about Tobey Maguire, best known from the Spider-Man movies, and that he was sued for $300,000 for taking part in illegal poker games where Bradley Ruderman, a Beverly Hills hedge fund manager, played for his clients money. Maguire was not the only one who took part in these illegal games. Gabe Kaplan, Leonardo di Caprio, Matt Damon, Ben Affleck are also said to have tak[...]   Read more » Ex-High Stakes Poker host pays back money won from illegal home game

Ex-High Stakes Poker host pays back money won from illegal home game  0   
I find it crazy, no one made them guys play, and if they won then this would not have happend, I hope the judge, if it goes that far says he gets to keep winnings but ALL have to pay a fine for the illegal home game

     
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am i understanding this right? they had a "home game" which to me is abuncha friends getting together at ones house for poker, and are in trouble for it?. wow i can just see the piggys rolling in on our lil 10man 20$ buyin games. GET ON THE FUCKING FLOOR!!!!!!!!

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just reread it again and see he was playing for his clients money...i can see the issue now Big Smile

     
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This is really weird and frankly to me this is a bit of a show, i don't think there are too many legal involvements here...

From what i know it's not illegal to organize a home game and of course if the players are ballers of course there will be some crazy pots out there.

Since we are talking about Hollywood i think this is more a media story...

     
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What I don't understand is... Who's sueing them? The police? And what makes a cash game legal actually? heh Maybe they should've kept their mouth shut about it but still...

I hate useless laws like this. If they want to risk their money playing poker, they have the right to. It's their money!! Shock

     
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This to me sounds like the US is just trying to get as much negative press on poker as possible, so they can show people the positive and wonderful side of them "legislating" gambling.

It's all b******t to me, how they are manipulating every possible facet of media to give poker such a bad light.

Land of the free, my ass.

     
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1st post here. The hedge fund manager gambled with money that was not his, lost and started whining. Thats the way I see it.

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http://articles.latimes.com/2009/may/16/business/fi-rud... The guys a real winner.

     
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Posted by Macubaas:
From what i know it's not illegal to organize a home game and of course if the players are ballers of course there will be some crazy pots out there.


In the US this is classed as "Social Gambling" and is illegal in the following states:
Arkansas, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Maryland, Mississippi, Missouri, Nebraska, New Hampshire, North Carolina, Oklahoma, Rhode Island, South Dakota, Tennessee, Utah, West Virginia, and Wisconsin

So, crazy thought this seems, if they were in one of the above states they were braking the law.

     
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such a shame first you work hard winning the money and then you have to return money because the loser stole it from other people. but it was illegal so he must have known the risks

     
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Is the hedge funds manager in jail????

     
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