There was a "good news story" on the front of our local paper last week. A local man had scooped £77,000 in an online poker tournament. In order to win the prize he managed to beat the other 297 other players Sounds great, doesn't it?
Then I read that the entry fee was £1,000!! That means, I assume, 297 others lost £1,000. So the good news story for one turns out to be a pretty bad news story for 297 others! If I'm right and all the players had to stump up £1,000, then there is still £221,000 unaccounted for ...
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