As was previously reported by the the New York Times about US Poker players getting their money frozen, a new NYT blog entry offers a valuable tidbit from Professor Nelson Rose.
Online poker player should diversify by having their money in multiple accounts in the case of government seizures. The advice for all online gamblers to diversify into multiple accounts is valuable overall. There are too many shady casino companies, e-wallets, and outright theft. It's prudent to hedge your funds even though it might reduce liquidity.
There's not much in the way of diversification for US Gamblers because of limited options, but every little bit helps.

Leave a comment