I read the Sunday Ledger story about the guy who ran an $800,000 survivor pool. That is, he ran it till the Feds shut him down, took his money and made his life miserable.
As someone who participates in Super Bowl pools, NCAA pools and survivor pools, you always think about being the one guy in a million who gets arrested for illegal gambling. The reality is the Feds aren't looking for nickel dimers like me; they want big fish.
Which made me wonder -
1. Has anyone entered one of these types of pools where the buy in was $100 or greater?
2. Did you ever enter a pool so big that neither you, nor your contact, really knew the person actually running the pool?
As someone who participates in Super Bowl pools, NCAA pools and survivor pools, you always think about being the one guy in a million who gets arrested for illegal gambling. The reality is the Feds aren't looking for nickel dimers like me; they want big fish.
Which made me wonder -
1. Has anyone entered one of these types of pools where the buy in was $100 or greater?
2. Did you ever enter a pool so big that neither you, nor your contact, really knew the person actually running the pool?