Pachinko - the model of online poker's future!

[Some Pig]

Pachinko

Gambling is illegal in Japan. However, there is a game called pachinko in which a player buys balls to play with in a slot machine type device that does not accept money because it is not legal to bet and get paid in money in Japan. However, he can exchange these balls for merchandise. Perhaps this is how online poker would work if sending and receiving money thru banks becomes impossible because of legislation that would prevent them from doing so.

The player buys virtual "tickets" that he can use as a buy-in for a tourney. Then he gets paid with tickets that are exchangeable for goods at certain authorized websites that accept these tickets as payments to buy books, gold, bonds, stocks, cars, radios, etc.

This way the players never have to send and receive cash. They just play with tickets the way kids in Circus Circus get tickets to trade into stuffed animals.

[WordWhiz]

Why do you think people haven't taken advantage of this loophole to establish B&M casinos throughout the U.S.? It's because it wouldn't work. For whatever reason, Japan winks at pachinko. If a bunch of moralistic politicians wish to ban gambling, they're not going to allow wink-wink nudge-nudge stuff like this, anymore than you'll be able to convince a judge that you and the prositute had sex for free, and the $300 you gave her was an independent gift, unrelated to the sex act.

[The Velour Fog]

after 8 hours at your local casino you proudly head to the cage with your massive 167 ball profit. after some deep deliberation you decide to go for the oversized teddybear and a couple of dvd movies and proudly head home to show your massive win to the Mrs.

[Knives_Out]

He check raised me 4 vienna sausages...so I put him to a decision for all of his vienna sausages.

He called I had the nuts, SHIP IT.

[JackOfSpeed]

[ QUOTE ]
He check raised me 4 vienna sausages...so I put him to a decision for all of his vienna sausages.

He called I had the nuts, SHIP IT.



[/ QUOTE ]
LMAO

[mlagoo]

bwahahahaha amazing

[DJRivers]

[ QUOTE ]
He check raised me 4 vienna sausages...so I put him to a decision for all of his vienna sausages.

He called I had the nuts, SHIP IT.



[/ QUOTE ]
nice frickin hand! LMAO

[HajiShirazu]

This is not true. Every pachinko house has a place right outside the parlor where you can trade your prize tickets in for cash. Also, everybody knows about this and nothing is done. Why? Loads and loads of bribes.
Also, the payout on these machines is like 60-70%. Why do people play? Because there are no other gambling options and Japs are huge fish who love to gamble.

[Xhad]

[ QUOTE ]
awesome post

[/ QUOTE ]

You are my hero

[AE6]

[ QUOTE ]
He check raised me 4 vienna sausages...so I put him to a decision for all of his vienna sausages.

He called I had the nuts, SHIP IT.



[/ QUOTE ]
I'm not sure I really "get" this per se, but it's hilarious.