NAVIGATING LEGAL WATERS

Poker operators: Bluffing or calling the bluff?

Between a game of skill and chance, and central and state laws, poker and fantasy sports operators have uncovered a grey playground

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When Ankur Dewani lost almost 80% of his chips, and his best out of five cards were a pair of fives, one of the lowest ranking sequences in poker, he thought the game would be difficult to win. And rightly so, because his opponent had been betting aggressively.

Dewani was at a poker tournament, last year, at a casino in Goa. And the last card, which is called river, had been revealed. Poker, which typically involves two cards given to each player and five community cards that are revealed to all, requires players to come up with…

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