Archive for June 7th, 2006

College Students Playing Poker For Scholarships

(CBS4) BOSTON At a Sunday night game of Texas hold’em, college kids are not just playing for fun. They are practicing to win tournaments and pay for college.

"I think I’m one of the better players," says Chad Hall, and he’s not bluffing. Last year, he won $41,000 in an online tournament.

The prize had to be used as a scholarship for college. Chad played in the College Poker Championship…one of several tournaments run by gambling websites.

Students don’t wager real money, but the winnings are real.

Read on here

LINK to Wild Jack Poker Room

Woman Wins $20.5 million Megabucks

A 64-year-old Las Vegas retiree won a Megabucks slot jackpot worth $20,519,025 today at the Cannery Casino & Hotel in North Las Vegas.

It was the second Megabucks winner the Cannery has had in the last nine months. Elmer Sherwin won his second Megabucks jackpot – the only person ever to win it twice – at the Cannery in September 2005.

The new Cannery winner requested anonymity, but said she had played only $12 in the machine – four pulls of the slot handle – when the jackpot hit. "My friend told me, ‘Megabucks is going to hit’," said the winner. "I couldn’t believe I had won it. A cleaning lady in the casino pointed to the big jackpot and said, ‘You won that.’"

The lucky woman said she plans to use her winnings to pay off her mortgage and possibly buy a new car.

A penny video version of Megabucks has a statistically overdue jackpot of more than $14.6 million, which will set a world record for a penny slot payout when it is hit.

There are more than 600 Megabucks dollar slots in 164 casinos throughout Nevada. The progressive system’s MegaJackpot can be won for a $3 bet and is paid in annual installments upon verification.

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