Posted in the Poker Forum
#1 Sep 8, 2012
In the late 1800s, professional baseball began to gain popularity and, consequently, so did betting on the sport. Baseball 'poolcards' became a standard in urban areas in the East. These cards, similar to present-day parlay cards, offered bettors a plethora of baseball betting options that they could wager on for amountsas little as 10 cents. But there was a catch with these poolcards: the odds were badly skewed in the houses' favor. There was no way for a bettor, no matter how sharp they might have been, to make a profit over an extended period of time. No one seemed to care, however, as the cards continued to increase in popularity while the bookies' pockets continued to get fatter.
#2 Sep 25, 2012
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