Quick Note on Collusion and Third Party Trust

There is an interesting formula the players seem to miss. In poker a cheater can only cheat so hard, and so there is a cost associated amongst the average unsuspecting player. We should be looking not at whether or not there is a cheater in the game, but whether the cost of cheaters in a decentralized game, does in fact out weigh the cost of “effective rake” in the centralized game.

In other words, wouldn’t you rather play in a game with cheaters, IF it was more profitable than a game without cheaters?


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