PokerStars Bonus Code Download

Posts Tagged ‘non-poker media’

January 13, 2010

Time Magazine: Tight Is Right

First we had Kiplinger’s embracing the poker religion, and now Time Magazine is getting on board … with a story that probably will do more to change my game than 76 poker books:

From Time’s Health & Science department:

How Winning Can Mean Losing — in Poker and in Life

Doh!

It’s really a great article, looking at a Cornell University doctoral student’s sociological study of millions of online poker hands (via PokerTracker) to draw conclusions about the human propensity for risk in relation to rewards. In a nutshell, the more hands you win, the bigger loser you tend to be overall.

So what does this have to do with you if you don’t gamble? It’s the wrong question because, actually, you do. Investing, driving, buying a house and merely crossing the street are all acts that involve discernible risks and uncertain rewards. The more small returns you get from your small investments in stocks, the likelier you are to make — and lose — a big investment. The more times you get behind the wheel and speed a little bit, the likelier you are to speed a lot — with deadlier consequences.

“These kinds of calculations are made every day,” says Siler. “Adultery is another good example. People get away with it countless times but they get caught just once and they lose everything.”

Posted by DanM at 9:01 am

January 12, 2010

Kiplinger’s Gets the Poker Bug

Kiplinger’s, the DC-based publisher of business forecasts and personal finance advice, appears to have “gotten” poker. A senior editor there attended a WPT boot camp (for a compilation story on adult camps), and before long he started seeing the world of investing and finance as a poker player … and that spawned a three-part series relating poker to all things economic.

Check it out … they’re all good reads:

INVESTOR PSYCHOLOGY
How Poker Can Make You a Better Investor
Learn to avoid emotional traps by playing a little Texas hold ’em.

STOCKS & BONDS
How Texas Hold ‘Em Simulates Investing
Both are based on incomplete and unfolding information.

STOCKS & BONDS
How Deepak Chopra Helped Me Play Poker Better
A device featuring the wellness guru taught me to keep my emotions under control.

And then, to top it all off, in yet another article in the January issue, they quote Barry Greenstein about investment risk:

Barry Greenstein, for instance, is a poker player by profession, so you might think he’d be prone to gambling with his portfolio. Instead, Greenstein buys utility stocks and municipal bonds, and says he follows his father’s advice: “You can play poker, but don’t trade commodities.”

So in conclusion, if I am surmising this right, the key to personal financial success in 2010 is play more poker. OK, got it.

(This, btw, is probably a good-for-poker message to go out to Kiplinger’s subscribers.)

Posted by DanM at 2:11 am

January 3, 2010

Star-Telegram Wants to Know: Legal Online Poker in 2010?

Check it out … the Fort Worth Star-Telegram has a story on the possibility of legalizing online poker in 2010. (Nice quotes, Lavigne.)

Nothing earth-shattering in the story … just the non-poker populace continuing to be educated on the basics of our issues at stake. And the mainstream media letting said populace know that indeed, these issues will be dealt with in some capacity this year. Also interesting — the ST’s running a poll with that article, looking for essentially a thumbs-up-thumbs-down referendum on the matter of online poker. Our side is in the lead (as usual), but a stronger than usual 39 percent have voted so far to say that instead of legalizing and taxing online poker, the government should crack down.

Also in the Star-Telegram: Police are cracking down on cock fights.

Posted by DanM at 11:54 am

December 27, 2009

Poker Players Like to Golf

Big bucks for every hole

This shoulda gone up about two-and-a-half months ago … but hey, we were busy with the November Nine and Tiger Woods was busy banging every chick in Vegas who ever said “call me!” … not to mention posing for photoshopped covers of Golf Digest with advice for Barack Obama. No wonder he didn’t have time to be smoking pot with Michael Phelps …

Still, before golf officially decided to go the degen route — or perhaps in preparation for it? — Golf Magazine ran a feature in their November issue about Phil Hellmuth, Layne Flack, Erick Lindgren, and Gavin Smith hitting the Las Vegas links, apparently foreshadowing the concept of risking big-big bucks on every hole:

Golf Magazine feature on High Stakes Poker Players Golfing

Posted by DanM at 7:06 am

December 6, 2009

McManus Poker Book Makes NYT’s List of 2009 Notables

Check it out … the New York Times Book Review, as part of a holiday gift guide, have put out their 100 Notable Books of 2009 … and making the list is Cowboys Full: The Story of Poker by Jim McManus.

Of those 100, 55 are non-fiction. Cowboys Full sits between ‘A Country of Vast Designs: James K. Polk, the Mexican War, and the Conquest of the American Continent’ by Robert Merry, and ‘Dancing in the Dark: A Cultural History of the Great Depression’ by Morris Dickstein. Granted, the list is alphabetical, but still …

Take a look at the excerpt the NYT ran last month — titled “Pokertician“. Considering all the good recent press poker has gotten from the likes of the Times, the Wall Street Journal, the National Journal, NPR, et al, you can see how McManus’ book — and his or his publisher’s attached promotional efforts, of course — has done more in 2009 to spread contemporary poker ideology to America’s liberal elitist intellectual set than any press release from PokerStars ever could.

(No offense, Matt, just sayin’ …)

Of course the NYT’s review of McManus’ book is hedlined the (”The Cheating Game“) … so maybe that’s a reminder that despite efforts that may seem to legitimize poker pursuits, the game still will always be thought of as … similar to dieting and matrimony? If so, that might explain why this tome — currently ranked in the Top 500 on Amazon — has apparently struck a chord with at least a few people who aren’t otherwise thinking ’bout poker.


You really should buy Cowboys Full: The Story of Poker by Jim McManus. No one’s paying us to say that, but Pokerati will earn at least $0.14 if you do.

Posted by DanM at 12:28 am

December 5, 2009

Obama as Poker Player Cover Story in the National Journal

The first thing that caught my eye when I saw the cover of the new issue of National Journal was the hand: Obama already has Jacks-or-better, but could also be drawing to an inside straight. Great artistic display of poker metaphor … and I can’t believe, after more than six years since Moneymaker, someone has finally posed a hand as something other than a royal flush. That in and of itself tells me the story’s gonna be good … as the editor clearly understands a little something about politics and poker.

Once and future NJ subscribers can click here:

COVER STORY: High Stakes
AN ANALYSIS OF OBAMA’S POTENTIAL APPROACH TO FOUR MAJOR ISSUES.
by Will Englund / Saturday, Dec. 5, 2009

Or click below to read (the full text from) an email that has been floated through the poker-political ether:

More…

Posted by DanM at 3:17 pm

November 23, 2009

Newsweek Blogging about the UIGEA

Lederer: If Congress won’t undo it, we’re ready to sue!

It took some three years, but the mainstream media finally “gets it” … if not in print, than at least online. Check out the Newsweek blog post, “High Stakes for Online Gamblers“.

Not only have they finally figured out how to condense everything from the shady passage of the UIGEA to undesirable results of unregulated online poker and payment processor issues to a few sentences followed by some well thought out mainstream-friendly paragrafs, but also, at the end, they give a little hint at what might come next, which could involve Full Tilt fighting the matter in courts:

Even if the UIGEA is enacted, it’s unlikely online gambling would disappear completely. There are ways for American players to circumvent bank regulations, including setting up a foreign bank account. “We’re all holding our breath and hoping the petition will be accepted,” Lederer says, but that isn’t the industry’s only option. Online poker could be legalized through the courts on the argument that the Wire Act doesn’t apply to poker. The industry is waiting to see what happens Dec. 1 before taking any action, he says. But if they do head to court, Lederer likes the odds.

This is interesting, because time and time again poker has shown it can win in the judicial system, while the game-of-skill argument tends to carry no weight in legislative circles … where it’s still just gambling, and maybe a matter of personal freedoms at stake.

(I also gotta agree with Lederer … knowing FTP’s growing familiarity with the American court system, the money they’ve got to spend on lawyers, and “our issue’s” generally falling on the right side of the law … we all know where we’re eventually gonna get … it’s just a matter of how we get there.)

Posted by DanM at 2:15 pm

November 17, 2009

Joe Cada to Appear on Letterman (Tonight!)

This upcoming Tuesday Tonight … on the Late Show with David Letterman. PokerStars PR is downright giddy about it … the basic deets:

The show will be broadcast on CBS at 11:30 PM EST (check your local listings). Cada is the first poker player on the show since 2004.

UPDATE: I still haven’t seen the segment yet … but did find it interesting that a regular-ole London Newspaper — not a special poker-focussed section or anything — made note of the new poker champ’s appearance on an American talk show that isn’t Oprah.

Posted by DanM at 1:07 pm

November 14, 2009

Jim McManus + Darvin Moon on NPR

Historical perspectives

Jim McManus appeared on All Things Considered the morning the November Nine was getting underway, to offer a little cultural (and presidential) history of the game, based on his new book, Cowboys Full.

Not to be a spoiler, but the closing line features a sound clip from Darvin Moon, with weekend host Guy Raz saying, “That is Darvin Moon, and he’s about as far away as you can get from poker royalty.” That is a funnier line than Raz even realizes, considering Moon’s resistance to all things sponsorship.

Raz does a follow-up the next day, just on Darvin Moon:

For more academic intellect surrounding Cowboys Full: The Story of Poker, check out our favorite new older-than-25 Betfair blogger Shamus’ interview with McManus here.

And for a little low-brow historical perspective on McManus from a pre-Darvin Moon era, here’s my interview with the author of Positively Fifth Street from 2004.

(Yikes, 2004!?!)

Posted by DanM at 1:30 pm

November 13, 2009

Spreading the Poker Word

Good op-ed piece by Rich Muny (@TheEngineer2008) that lays out the current poker argument on our issue. Nothing you haven’t heard before, but Muny’s not preaching to the typical choir … he’s addressing conservative small-governmenters and in addition to laying out some legislative history, explains why (spoiler alert:) regulating online poker and gambling ≠ wild, rights-infringing government expansion.

The GOP’s Bad Bet Against Online Poker

You know, I’m obviously not running the poker-political show, though I do try to follow it. And I’m starting to think it’s time to amp-up the aggression on a grass-roots level. Drew Lesofski, the PPA’s director of grassroots and external affairs may not be as visible as the typical spokespeople (Pappas, Frank, D’Amato, Raymer) but he’s effectively rallied the troops — on state and federal levels — and while I’m pretty sure the new tweetforpoker.com has a purpose … bottom line … and this is only me talking here, not the PPA … might it not be time crash a few tea parties?

The message:

Take our goddamn fuckin’ money! And take it now! We want our damn personal freedoms back, and yeah, we expect America to be a better place to engage in a recreational activity legal in 48 states than Malta. We want to pay you, and those who oppose this pursuit don’t have to pay squat. And even though we don’t expect these bogus societal problems to emerge … hey, guess what, if they do, we’ll pay to clean’em up. Cool?

Hey, have you met our new 21-year-old posterboy Joe Cada? Pretty good kid …

Posted by DanM at 7:12 am

November 3, 2009

Steve Begleiter in Time Magazine

Will a Wall Streeter Win Big at the World Series of Poker?

Good article. Semi-interesting guy. Neato that the writer is in Begleiter’s extended home game and therefore has a piece of him.

Overall, the press coverage seems more extensive this year than last … I’m predicting growth in ESPN (and Harrah’s) numbers. Not huge (except maybe in Europe), but noticeably needle-moving. The diverse and topical nature of each player in the November Nine class of 2009 likely has much to do with that.

Posted by DanM at 6:18 am

November 1, 2009

Online Poker Needs a Public Option

Or at least more common-sense gambling care

In case you missed it … an LA Times business columnist (different than the guy who did the Matt Savage piece) brought “our issue”™ to the non-poker fore the week before last:

Calling America’s bluff on Internet gambling
The U.S. approach to Internet gambling, which is legal in much of the rest of the world, is absurd. The activity is unstoppable, so let’s regulate it.

Writer Michael Hiltzik lays it out pretty good — right down to who has what interest in the billions of dollars at stake, the historic political principals in play, and the impracticalities associated with the unregulated, semi-legal status quo. Gotta like the quasi-wholesome, subconscious message the picture sends, too — seeing online poker positioned with Starbucks (manageable addiction) and golf balls (recreational pursuit).

While “our issue” hasn’t fully arrived until Glenn Beck starts chalking up a connection between Ace-Queen and Al Qaeda … this kinda ink does help the poker industry’s efforts to win hearts and minds of Americans who will give five seconds of thought to the matter or more revenue via safer+better online gambling/poker.

Posted by DanM at 5:07 pm

October 31, 2009

Matt Savage in the LA Times (Business Section)

Good story in some non-poker media on Matt Savage, tournament director at the Commerce Casino in California … specifically about what it takes to keep players happy (and business churning) at the largest poker room in the world (160 tables) when your job is to entice customers into events — bad economy and all — where 90 percent of them are guaranteed to go home losers.

More challenging than a lotta people think …

Posted by DanM at 3:58 pm

October 30, 2009

RE: Utah Rep Warns Fully Legal Gambling …

More talk in the non-poker world about the $41 or $52 billion available via regulated online gambling. From the National Journal:

Gambling Regs Could Fill Gov’t Coffers

Maybe it is time to press the issue … not just for poker, but for the sake of US America?

Posted by DanM at 2:20 pm

October 7, 2009

RE: Bots on Trial

We’re not the only ones intrigued by the Kennedy vs. Full Tilt bot case.

Courthouse News Service took note. It’s like a Thrillist for lawyers … a subscription newsletter keeping attorneys abreast of “the most prolific and weighty litigation” in virtually all the courts in the USA (and Canada, Puerto Rico, and Guam).

And the Financial Times (the Wall Street Journal of the UK, you know, where all those European online sites that don’t accept American players reside) sees it as a bit more of a federal case:

Full Tilt accused of flouting US internet gambling rules

Posted by DanM at 1:14 am

October 5, 2009

Darvin Moon in the Washington Post

For a guy who’s not interested in getting press nor a sponsorship from an online poker site or anyone else … November Nine chipleader Darvin Moon sure did get some good ink this weekend, with a major feature in the Sunday Washington Post. Not bad for a guy who was living in a trailer at the foot of Backbone Mountain (before receiving his 9th place money and replacing it with a new modular home).

My favorite excerpt:

Moon started playing poker after giving up softball because, he says, “I got fat.” … Of course, in the slovenly melting pot of the poker room, having a half-watermelon for a gut doesn’t stand out, particularly not at the World Series, where players have been known to show up wearing animal costumes or dressed as Roman emperors.

LOL, “slovenly melting pot” … It’s funny because it’s true! fair description?

BTW, check out the comments on this piece … you’ll see at least a few WaPo readers question why they should even give a flip about this story.

Meanwhile, I can’t help but wonder if Moon isn’t a matter of weak-means-strong … both on the table and off. (I guess that’s one of the things we’ll be looking to find out at the final table, and the lead-up to it.)

Says Card Player magazine President Jeff Shulman, who will be sitting at the final table with Moon in November, albeit with 40 million fewer chips: “Darvin tries to say he’s not that good, he’s just an amateur who got lucky and ran really well for eight days. But at some point, you can’t say you’re just lucky. He was making good decisions.”

Posted by DanM at 5:56 am

September 17, 2009

Poker in the Courts

Missed this article two weeks ago … but it’s a good one, as they always seem to be when the non-poker media takes a more-than-cursory look at poker “issues”.

From the LA Times:

Taking their chances on poker’s legality
Is Texas Hold ‘Em about the luck of the draw, or the skill of the player? The question is being played out in courts around the country.

Posted by DanM at 2:26 pm

September 12, 2009

Bill O’Reilly Says Poker = Patriotism

OK, maybe I’m stretching his definition a bit, but still … gotta like the message Factor viewers are getting when Bill O gives a big American thumbs-up to Eva Longoria for hosting her big charity poker tournament in San Antonio this evening:

This tournament, btw, part of the Second Annual Tony and Eva Parker Celebrity Casino Night, is now, I’m almost certain, the biggest charity event in Texas — one of a few, if not the only one, that raises hundreds of thousands of dollars at a pop.

Awesome, and good for the beneficiary, Eva’s Heroes.

The guy instrumental in making this event happen, btw: Phil Hellmuth

More…

Posted by DanM at 4:12 am

September 1, 2009

Rosenkrantz and Dani Stern Aren’t Dead

But they do take a pummeling reminiscent of Double Dare

I swear Attack of the Show (on G4) is a great show, despite the epic fail-after-fails in this bit … the cast of 2M2MM steps into Olivia Munn’s War Machine to play some one-card-better-than (aka War) … though the cards themselves get kinda forgotten amid all the eggs and toilet paper.

Still, it’s testament to what poker has become, as you can bet Doyle Brunson never thought he’d see this:

(feat. Dani Stern and Jay Rosenkrantz from Two Months. Two Million.)

Video GamesE3 2009Attack of the Show
Posted by DanM at 2:54 pm

August 31, 2009

Conservative Magazine Says Online Gambling Coming (Soon!)

I’m not sure if it’s an endorsement of our efforts or a call to action to our opponents … but be sure to check out this lengthy article in the October issue of The American Conservative:

Coming Up Aces
Legalization of online gambling looks like a sure bet.

The piece does give some important numbers — projected internet gambling revenue in 2011=$144 billion, and a 2 percent tax on deposits in the Frank bill would mean $51 billion over 10 years — but I am a bit concerned that the writer makes repeated references to the UIGA (as opposed to the UIGEA).

However, I do like (I think — not totally sure, as I trust few in politics) that our most vociferous opponent seems to be preparing his supporters for a loss:

As the arguments stack up, opponents of Internet gambling increasingly don’t like their odds. “It’s going to be an uphill battle to stop it this time,” admitted Congressman Spencer Bachus (R-Ala.), the ranking Republican on the Financial Services Committee in an interview with Politico. “We caught them off guard last time. This time we might not be so lucky.”

I also think I like that there’s talk about “putting profits toward helping addicts”. I dunno, just seems a treatment provision is important, and in general we (kudos to the PPA) have our bases covered this year more so than in legislative efforts past.

via @TheEngineer2008

Posted by DanM at 8:36 am

August 13, 2009

AP/UB Scandals to Be Revisited

Todd Witteles is saying over at Neverwin that there’ll be another report on a “major network” regarding corporate greed — and part of the show will be mentioning the UB/AP scandal.

Doesn’t sound like necessarily new info — but regardless, the kinda rehash that both sides of online-poker legislation will try to claim as an example of why we need to legalize/ban online poker.

Posted by DanM at 1:41 am

August 11, 2009

LA Times: Poker One of 10 Biggest Things to Hit Vegas in Past 10 Years

The LA Times’ Las Vegas correspondent, Richard Abowitz, recently celebrated his 10th year covering Sin City … and in doing so he wrote up the biggest changes he’s seen in Vegas over the past decade. Along with the rise of clubbing Celine Dion, and the fall of OJ Simpson:

The power of poker

What happened to blackjack? It would be hard to assign a specific moment when the poker phenomenon took off. But what had been at best an obscure part of the casino, the poker room, became a magnet for tourists and the best players (unlike any other gamblers) became celebrities. The World Series of Poker, after years in dirty downtown Vegas at Binion’s, now is owned by Harrah’s and held at the far more styling Rio with highlights broadcast on ESPN.

“Far more styling”, of course, makes me chuckle … though I suppose it is technically accurate. And the one thing he didn’t include, which was probably super-impactful and happened almost exactly 10 years ago: the election of Mayor Oscar Goodman as LV’s partyer-in-chief.

Posted by DanM at 10:38 am

How Spammers Hurt Poker

Nothing new here … but I saw this old Dave Chappelle clip the other day on what it would be like if the internet were a real place. Though most of it is about porn and penis enlargement, “online gambling” finds its way into the skit in the last minute of it … and by the time Chappelle punches out the guy pimping “our kinda sites”, the crowd is cheering.

Anyhow, something to think about in lieu of online poker’s political efforts — that it probably doesn’t help us to be in the same game as debt consolidation penis enlargement free mp3 downloads paris hilton sex goat fucking:


EMBED-If The Internet Was Real – Watch more free videos

Maybe some day we’ll see “legitimate” sites refuse to reward affiliates who use such methods?

Posted by DanM at 7:58 am

July 27, 2009

More Poker Issues in the Non-Poker Press

The Fort Worth Star-Telegram has a pretty good story … and though bummer that they described the honcho here at Pokerati as little more than “Dan Michalski, who runs a poker Web site” … hey, such is life and media control … and overall, yay on the one quote they chose to share with those whom we are trying to educate.

Posted by DanM at 12:52 pm

July 24, 2009

Newsweek on National Poker Week

http://www.blog.newsweek.com/blogs/thegaggle/archive/2009/07/23/poker-players-descend-on-capitol-hill.aspx

Nothing we don’t already know … but again, good that the national non-poker media is at least aware. And if we learned anything from our efforts in Texas over the post several years, the media still loves poker-related legal stories. Something to keep in mind when we make a more serious push.

the biggest problem for poker enthusiasts appears to be an already crowded legislative agenda. Frank has pushed his bill off until September.

I almost forgot that when this National Poker Week was conceived, it was supposed to coincide with active hearings. Can’t help but wonder how that might’ve made things different.

Posted by DanM at 10:23 pm

June 26, 2009

A Very True Tale of Online Poker

And the fine line between addiction and success

As Kevin pointed out … great story (like true narrative from a non-poker person who kinda gets poker) in the New York Times Magazine about a mother trying to come to grips with her son’s extensive online poker play … and the transition from successful scholar-athlete to internet poker pro.

(What’s a mom to do when cutting a 19-year-old kid off financially carries no weight — other than follow his chipstack online while he’s playing live in the EPT?)

Posted by DanM at 7:54 pm

60 Minutes to Re-Air AP Cheating Scandal Story

This Sunday, June 28

On a day when the world’s eyes will likely be focused on Day 3 of $50k HORSE USA vs. Brazil, 60 minutes is rerunning their story on the biggest scandal to hit online poker.

Curious timing. It could just be a throwaway piece of filler, or it could be given an introductory time-hook connecting it to the kickoff of the WSOP. (The non-poker world that hasn’t been following us for the past month thinks the World Series starts next week.) Or … might the replay have been pushed in connection with National Poker Week and the supposedly soon-to-be-heard Barney Frank bill?

ADDENDUM: Yep, pushed back to September.

If that’s the case, you gotta wonder which side pushed for that — the side that contends prohibition is necessary because online poker is a crooked, degenerate pursuit, or the side trumpeting regulation in part because of the assistance needed to keep the game clean.

Posted by DanM at 7:03 pm

June 23, 2009

Where Is the Barney Frank Bill?

Perspectives Weekly

Is the American Mass Media hurting our helping the online gambling industry? Plus, what is the status of the Barney Frank Bill and its attempt to overturn the UIGEA?

Posted by J. Todd at 9:47 am

June 14, 2009

Poker Movie Wins Award

Top documentary at CineVegas

[tab: News]All In: The Poker Movie won the jury prize for Best Documentary at the CineVegas Film Festival last week — which knowledgeable movie people tell me is known as a respected minor league version of Sundance. It supposedly won’t be announced until tomorrow afternoon, but Variety already has the results.

Chris Moneymaker is a hero again.

Even not-so-pokery people are saying this 98-minute history of the game is a sleepy sleeper hit. Indie Film Examiner says:

This film claims that poker is a “microcosm of the American dream”. After viewing it I completely agree.

And VegasHappensHere:

But “All In” tonight really taught me something else: The poker boom is about as American as anything ever was. The variation on the game itself — Texas Hold ‘Em — is an American invention. Risk-taking is the foundation of our capitalist society. And the ingredients that turned it into what it is today include new technology (hole-card cams, Web poker) and anyone-can-succeed chutzpah (Moneymaker) that have deep roots in our national traditions.

[tab: Video from premiere]
PokerListings was at the premiere, at the Palms:


All In: The Poker Movie Premiere from PokerListings.com

Posted by DanM at 10:25 pm

June 11, 2009

EU Re-upping WTO Threats in face of US Online Poker Crackdown

More on Payment Processor Issues (in the Non-Poker World)

This story seems to have legs. ABC News has a piece — where they lede with a guy who so far is unable to buy into the WSOP main event. I found this story at the top of the Drudge Report … which means everyone in the mainstream media (who doesn’t read Pokerati) is also well aware of the situation. (FWIW, the ABC News story ups the number of banks targeted from four to five.)

Feds Order Banks to Freeze Millions in ‘LEGAL’ Online Poker Winnings…

Even the EU is getting involved again, threatening to take the European Commission’s discrimination claims to the WTO if they can’t reach a settlement with the US to allow their companies to compete without this sort of harassment from the US Feds. In their view, the recent actions in New York’s Southern District Court are merely a continuation of the protectionist policies that began three years ago:

“Internet gambling is a complex and delicate area, and we do not want to dictate how the U.S. should regulate its market. However, the U.S. must respect its WTO obligations,” said E.U. Trade Commissioner Catherine Ashton in a statement.

[...]

“The report comes to the conclusion that these proceedings are legally unjustified as well as discriminatory, because the activities of E.U. companies took place under the cover of U.S. WTO commitments,” the Commission said in a statement.

At a minimum, this guarantees that federal authorities (beyond a lone Assistant US Prosecutor) should be taking a real look at how “American-friendly” online poker sites process the dollars that transact in peer-to-peer poker games taking place on offshore sites before being shipped to American banks.

Posted by DanM at 2:34 pm

June 10, 2009

Bank Freezes Raising Non-Poker Eyebrows

RE: Fed Crackdown on Online Poker Money Transfers (5)

First Gambling 911 and Pokerati … then the Associated Press, and now MSNBC, the Wall Street Journal, and the New York Times are following aware of the $33 million of online poker winnings that has been frozen at the behest of an Assistant US Attorney in New York’s Southern District, the court that has historically created the most headaches for all things online poker.

ALT HED: Neteller 2?

The banks are deflecting blame and criticism, saying they’re simply complying with a federal court’s direction. Not surprising, of course, considering they aren’t really in a position to defy their new dot-gov overseers. The non-poker media probably doesn’t even give a shit about poker players — they just care right now about the relationship between government and banks … but hey, good to know … because just like government officials found a villain in the form of online gamblers to justify fingering its way into the bigger world of cross-border internet commerce, now online poker has a potential villain in bad, old-school governmenting (relying on nearly 50-year-old laws) to justify its immediate need to revise the laws that affect our multimillion-UScitizen industry.

To understand the brass tacks of what just happened and is happening, be sure to read the NYT story here:

Web’s Poker Winners Face Delay in Collecting
(Thanks, Lana, for the link!)

In it we learn:

  • Four American banks were hit with court papers — Wells Fargo, Citibank, Alliance Bank of Arizona, and one other — telling them to freeze the funds.
  • In part because of the secretive nature of grand juries, it’s not yet clear whether all are court orders or just friendly requests. (Ha.) Wells Fargo’s was an order.
  • Four online sites affected — Full Tilt, PokerStars, and two others.
  • Southern District prosecutors told at least one bank the funds in question “constitute property involved in money laundering transactions and illegal gambling offenses.”
  • The accounts frozen belong to Allied Systems and Account Services, two payment processors (at least one of which seems to be based in Canada).

More…

Posted by DanM at 2:07 pm

May 18, 2009

Online Poker to the People!

Leftover but good-for-viewing vid … PPA Executive Director John Pappas on CNBC … not just speaking on behalf of the latest Barney Frank legislation, but establishing the baseline for where discussion on these matters begins … it’s good to see the mainstream Wall Street press at least understanding the basics so they won’t have to waste their time filtering through the first line of crap the opposition throws their way:

via Wicked Chops.

Also … more online poker issues being laid out for the non-poker public in ESPN: The Magazine. And the Washington Post is letting people know that the American masses have spoken — directly to Barack Obama — and they want two things to get this country back on track: legal pot and legal online poker money transfers.

Thanks, Huff, for the latter link.

Posted by DanM at 1:04 pm

May 12, 2009

Financial Markets Gearing up for the WSOP

WSOP Commissioner Jeffrey Pollack (aka @JeffreyPollack aka DJ DaKnish aka, in this instance, “Jeff”) appeared on Bloomberg TV’s really early morning news today … little in here that we already know, but always good to see the non-poker media taking an interest in the hugeness of the WSOP.

Overall, I gotta think it’s pretty good to have the finance-minded looking at current economic numbers and at least having the thought that, ya know, maybe I should go after a gold bracelet instead of just plain gold. I still like the WSOP commercial — geared toward a more food-minded crowd — better though.

Posted by DanM at 12:20 pm

May 4, 2009

Annie Duke on the Ellen Show

From Monday’s show:

Posted by Kevin Mathers at 4:57 pm

April 22, 2009

Suspected Craigslist Killer a Poker Player

Probably not “good for poker”

Pokerati prides itself on being able to spot trends in poker … and one we see developing: the games in prison are getting juicy! One guy who might end up put in this game, whether he likes it or not, is 23-year-old Philip Markoff, the Boston University med student accused of picking up purveyors of erotic services off of Craigslist, robbing them, and killing at least one of them.

Police have discovered that Markoff apparently liked to keep their panties as souvenirs … and was playing at least semi-frequently at Foxwoods, and therefore they are looking at tilt gambling debts as a possible motive. Markoff was on his way to Foxwoods (with his fiance – poor girl) when he was arrested.

Beyond that, it’s hard to figure out much about his play … but you know how the non-poker media gets when it comes to doing table math:

When Markoff was arrested Monday, he and his fiancée were headed to Foxwoods, and he was carrying a suitcase with more than $1,000 in cash, a police source told the New York Daily News.

Markoff had recently started frequenting the poker tables at the casino, playing as much as $1,000 a hand, the source said, who added that Markoff won $5,300 last week.

Though one would’t think you’d need a whole suitcase to carry just $1k … the numbers they quote most likely make him a 1/2 player, possibly 2/5. That, of course, assumes he’s playing no-limit and not limit … but c’mon, listen to the descriptions of how he liked to prey on the weak and dominate … sounds like no-limit to me.

UPDATE: More of his gambling details here.

Markoff also was active in College Republicans … so clearly not good for the GOP either.

Posted by DanM at 11:33 am

April 20, 2009

San Antonio Poker Bandits … Nabbed!

In what really sounds like an inside job, three armed gunmen (two with masks) broke into a San Antonio home game a few days ago and robbed 15 low-stakes players (1/3 NLH) at gunpoint … but when they attempted to flee the scene, the SAPD was outside waiting to arrest them. Nice! I mean bad initially — the host’s wife, two young children and a baby were also in the house — but in the end all good with no shots fired and no need to call in the SWAT team.

(Note to non-poker media: do the math; $100-$200 per person isn’t “high stakes”.)

A firsthand account of the robbery/bust here. I’ll stay off my political soapbox for just a bit and say only wouldn’t it be nice if you could play poker in Texas at a place that can hire off-duty police officers for security? (Note to non-poker media: There’s a bill in the Legislature right now addressing this issue, fyi — HB 222 — that you may want to tie in to future stories of this ilk.)

From Vinnie the PastaTeke:

He kept repeating, “Don’t move; I’ll kill you, I don’t know you”. Maybe it’s just human nature, or maybe I watch too many movies but I couldn’t help but play over and over in my head the different things that could be done to overtake the guy with shotgun. Of course, I knew that this wasn’t smart because these guys were only there for the money and, besides, there were kids in the room. If someone tried to do something and it went wrong, one of the kids could have been hurt.

My first thought when I started reading (and before I knew the cops got’em) was wondering if these were indeed the Dallas Poker Bandits, perhaps just relocating their business because there was too much heat (and a homicide victim) in the DFW area. But the robbery sounds a little too amateur for Dallas’ now seasoned poker criminals. At the same time … there are some MO … so maybe? If you happen to be familiar with any of the Dallas poker robberies, take a look at the news videos here to see if you recognize any of the now un-masked men:

http://www.ksat.com/video/19198835/index.html
http://www.kens5.com/latestnews/stories/KENS20090416-GAMBLINGROBBERY.dd0e8f26.html

Kudos to the game host for dialing an operator and hiding his phone so the call could be forwarded to police — and nice work by the SAPD not just in ending this situation positively, but also for protecting other games … because as we have seen in Dallas, poker robbers tend not to quit after a single hit. I haven’t had a chance to get the police report yet and find out the arrested people’s names, but this story will continue to have life … not just because of the pending bill that would look to eliminate these sorts of potentially violent occurrences … but also because police are now investigating the legality of the game itself and may or may not press charges against the robbery victims as well.

Posted by DanM at 5:14 am

April 9, 2009

RE: Legislative Pulse

More PartyGaming, Poker Beat

On today’s episode of The Poker Beat, BJ and I lightly sparred about the significance of Party Gaming’s $100+ million settlement with the US Department of Justice. I’m pretty sure I beat him in everyone’s mind but his own … but still, I also know I got a few things wrong that might unsettle the Insider, so it’s good to know the Washington Post pretty much agrees with my take on the fluid situation:

Today’s news sent online gambling stocks soaring overseas. That’s because some financial analysts see the settlement as possibly leading to others, thus reducing uncertainty in the industry and opening the door to industry consolidation and expansion outside the U.S

Moreover, it’s taken some hard work to educate the masses on our semi-complex issue, but it’s good to see the message the (super-influential) non-poker media is putting out there:

… some legal scholars and Internet gambling proponents see the government crackdown as a disconnect between 21st-century technology and the 20th-century laws used to protect Americans from gambling.

The Justice position is considered controversial with some members of Congress and gaming analysts arguing it has steered U.S. players to unregulated offshore sites. “The U.S. government has now succeeded in driving out the reputable publicly-traded Internet gaming operators,” said Joseph M. Kelley, a professor of business law at the State College at Buffalo, who has also served as an expert witness for gaming and government interests. “It has not decreased online gambling, but has reduced the ability to monitor suspicious transactions.”

Posted by DanM at 6:22 pm

I Swear I Was Reading It Just for the Article(s)

I never woulda expected to find such a thoughtful commentary on the role and position of women in the pervy world of poker (as discovered via Google image searches) on a porn blog:

http://asses.fucking4utoo.com/?p=242

Believe it or not, the above link is pretty close to SFW … if you excuse the blog’s subtitle.

Posted by DanM at 5:50 pm

March 29, 2009

Online Poker (Subdirectly) in Pop Culture

Funny … have The Simpsons on in the background, and they just opened the show with a bit where Rev. Lovejoy had to explain to his religious superior why the church’s credit card was declined … he came up with a dismissive explanation of a security hold put on it by the bank after his wife joined an offshore poker club.

(The subtextual punchline being that they were talking about fireplace pokers.)

That Sam Simon … so nice of him to embed a joke just for us.

Ha-ha-ish.

Posted by DanM at 8:12 pm

March 27, 2009

RE: Texas Poker Bill up for Committee Vote Today (6)

As we know, HB 222 actually isn’t up for a vote until next week … but it’s looking strong. Here’s The Dallas Morning News’ take on yesterday’s meeting:

Texas Poker Players Willing to Ante Up Tax Money for Legalization

As is always the case in these mainstream media stories, check the comments for a pulse of the people. In this situation, so far, there are 14 comments supporting the bill (with 41 thumbs-ups), and 0 against (with 1 thumbs-down).

Could this thing be any more obvious? It’s a big matter of technicalities and lobbying and money and stuff at this point — along with some political infighting between proponents of the bigger casino bill and a horse-racing slot machine bill (which has been unsuccessfully fought for for about, oh, like 12 years now?). For good measure, Jose Menendez did extend an olive branch to the horse-track people Wednesday, letting them know that poker is indeed happy to help their bottom line — and you can look at other states where bringing poker rooms into the race tracks to get a sense of the many millions they do bring in.

That’s all good and cool — go horse-track poker! — but at the same time, why does politics have to be so hard (and expensive)? I’ve got a solution that should save everyone time and money, and could fit easily on just about any ballot for anything:

Poker in Texas
☐ Yes
☐ No

Isn’t politics at least in part about representing the will of the people? Because we already clearly know the answer to the above question.

Posted by DanM at 8:57 am

March 25, 2009

Inside the New York Underground

Semi-related to all the activity going on today … there’s a great story in Salon about poker:

A city awash in cards
Inside New York’s underground poker scene, where no one thinks about the recession, or their rent money, when there’s a good hand to be played.

Hi, my name is Jim, and I have a gambling problem.

I told myself the last time was the last time, but here I am, in another bind: $1,000 in chips resting anxiously on the felt in front of me, and the ace-queen of hearts in my hand.

My lone opponent is Al, an egg-shaped old wiseguy who breathes heavy when he has a winner. Right now he’s taking up most of the oxygen in this three-story walk-up.

The rational part of my brain is screaming at me. “Fold, you stupid motherfucker. That’s half a month’s rent you are about to toss into the pot on a draw.” But Al is legendary for losing and that’s all the compulsive part of my brain can focus on. “Maybe he’s bluffing,” it whispers. “Move all-in.”

Read more …

Posted by DanM at 2:34 pm

March 19, 2009

More Poker Swimsuit Editions

Speaking of bikinis … there’s another poker-skin photo shoot fixin’ to go down in Vegas … reportedly Tiffany Michelle, Erica Schoenberg, and Evelyn Ng will be waxing up for a big poker-themed spread slated for a summer issue of KnockOut magazine, which is basically like Maxim Wicked Chops, only with more chicks and less poker.

Kinda unique here is the coming together of three poker patches — Ultimate Bet, Full Tilt, and Bodog — all in the same shoot.

And though I don’t know this for sure, my guess is that it’s all somehow connected to the forthcoming Knockout Poker Tour. Their inaugural event runs June 5-8 (during the WSOP) at the Hard Rock. This is not a four-day tourney, mind you, it’s a four-day “experience” … where the tournament is a $5,000 + 4,000 or 5,000, your choice depending on what level of VIP perks you want … private jets, limos, penthouse suites, VIP club seating, three parties, Rehab cabanas, etc. … and apparently surrounded the whole time by KnockOut hotties, who will happily let you take pictures with your hand on their butts. Oh, and the champion gets a bracelet, too.

Should be an interesting event, to say the least. And should you decide to forgo the $5k NLH WSOP tournament going on the same day (which pays out about 91 94 percent) in favor of the KOP event (paying out just 50 percent, but guaranteeing a higher booze-and-tail return) and actually win:

Private security will be on-call to fend off any over-zealous club girls who want a piece of the Knockout Poker Tournament Champ. Remember players, what happens in Vegas, stays in Vegas. That includes the bevy of girls throwing themselves at your feet and the collection of email addresses and phone numbers you accumulated over the weekend.

Posted by DanM at 5:52 pm

March 7, 2009

NY Times Magazine: The Art of the Bad Beat

Virginia Heffernan, a tech writer for the New York Times, has an article about online poker appearing in this Sunday’s The Times Magazine. Heffernan seems to have been hanging around some poker forums and found the self-pity of the “bad beat” story to be worth writing about. (She also refers to 2+2 as a “funny poker site.”)

An excerpt: 

Whether or not poker interests you, the bad-beat story is a form to study; everyone needs to know how to tell one. It’s an especially useful genre during a recession. With its combination of numbers, magic, hunches and statistics, the bad-beat story furnishes a nice range of narrative devices to frame a lament about losing, while making it crystal clear that the loss wasn’t your fault.

The article is much more thorough than it appears at first, going from the start of online poker in the late ’90s to Chris Moneymaker to the recent scandals at Absolute and UltimateBet. It gives the Times Magazine readers a nice overview of online poker, with one big, notable exception — Heffernan never once mentions the UIGEA (or the fallout). The overall tone of the piece is that online poker is a normal, legal activity. 

While there’s no new information for Pokerati readers, it’s a well-written article worth reading just to see how the NY Times is presenting online poker to the masses this week. One more time, here’s the link:

“Flop,” by Virginia Heffernan, The Times Magazine

Posted by BJ Nemeth at 10:16 am

February 26, 2009

Pokerati Elsewhere

Everyone’s hustlin’ gigs these days … and beyond status updates to my Facebook page, I’ve found two welcome homes for some non-Pokerati writing — at Bluff, and most recently What’s On … where I let the not-so-poker-geeky Vegas tourists know about happenings of interest from the LV poker scene, such as:

The Venetian Deep Stack Extravaganza (which I think ended yesterday or today!) and, coming up, Dream Team Poker.

Posted by DanM at 5:35 pm

February 16, 2009

Woe Is Everybody

Stumbled across a funny site the other day … F*** My Life. It’s basically a Twitter-inspired collective of Murphy’s Law-ish incidents, embarrassing screw-ups, and unfortunate arse poundage in areas of love, money, kids, work, etc. … and sure enough, poker found its way into the textably poetic lament:

#52319
Today, I lost 200 dollars while playing poker with my new sunglasses. Turns out you can see the cards in the reflection. FML

Ha ha, face on him. (Same thing happened to me once, but it only cost me a single fold to my pocket-kings re-raise at a final table before someone tipped me off.)

Readers vote on the role luck played in these matters, too. The poker dude above’s current tally:

I agree, your life is f***ed (418)
you deserved that one (3692)

Some funny comments, too:

“Wearing sunglasses in a poker game = Douche bag”

“you betta checkity check yoself befo you wreckity wreck yoself”

“why would u play with sunglasses.. theres no sun in a casino”

Posted by DanM at 1:45 pm

January 25, 2009

2009 WSOP Schedule Leaks Starting to Sprout

Official: main event will play down to 9, resume in November

A handful of us know a little secret … and are preparing morning posts revealing the details of and changes to the WSOP schedule for 2009. There’s plenty of exciting stuff to discuss, but for the most part, I think all in the poker media are respecting the info embargo. But oops … silly to expect an AP reporter (and editors of AP-subscribing papers) to do the same. After all, the organization known for its WSOP drop-ins that always require at least one poker-media-er to give up his or her feature-table seat has ignored similar requests from generals and presidents before … and the local-paper editor(s) who may or may not actually be the ones behind embargo-shembargo decisions could obviously care less about whatever national security interest related to the WSOP is in play.

Anyhow, the first cat out of the bag, via the San Jose Mercury-News, is that the November Nine concept — 4-month break included — is coming back for another go.

Posted by DanM at 5:31 pm

Front Page Poker

First, my apologies to any loyal Pokeratizens who may or may not be run out of business in a fully legal poker environ. You know I respect (most of) your game(s) … the Morning News called asking for my informed opinion, and I shared it with the reporter. It seemed like she was unbiased and getting our points — raids+robberies+I-35=bad — but you never know with real journos … there’s always a few quotes that can be taken out of context and/or used against you if they have an agenda. But I decided to take the risk … and I think I’m happy with the results.

For those who don’t know what I’m talking about … click here to read the story about efforts to legalize poker in Texas that appeared on the front page of today’s (Sunday) DMN.

Be sure to read the comments, too … 35 of them so far. They are overall very encouraging, particularly because much of the support seems to come from people who care more about proper Texas governance than they do poker. (It certainly doesn’t appear that any representatives will lose any votes over supporting this issue.)

And, of course, if you haven’t sent your email to Joe Straus et al. yet … well you suck here’s the link:

Support legal poker in Texas.

Posted by DanM at 9:43 am

January 21, 2009

RE: Kentucky Appeals Kentucky Appeal

More technicality than principle; internet police laws at stake

A look at the non-poker media’s take on the Kentucky case as it moves through The System:

From the subscription newsletter blog Daily Online Examiner

By Wendy Davis, Wednesday, January 21, 2009
Kentucky’s Move To Kill Online Gambling Squashed — For Now

In a closely watched case, an appellate court in Kentucky rebuffed the state governor’s attempts to shut down online gambling. But, while the case attracted attention from a wide range of outside groups who made all sorts of lofty constitutional arguments, the judges ended up deciding the case on a technicality.

The court ruled 2-1 that the government couldn’t confiscate domain names of 141 out-of-state gambling sites because the 1974 forfeiture law only applied to gambling “devices,” like roulette wheels.

“It stretches credulity to conclude that a series of numbers, or Internet address, can be said to constitute a ‘machine or any mechanical or other device,’ ” judge Michelle Keller wrote.

The dispute started late last summer, when the state hired a law firm to bring proceedings against online gambling companies. At the time, Kentucky Gov. Steve Beshear made no secret of his protectionist motives. He said he wanted to shutter the gambling sites as part of an effort to preserve horse racing, which he termed the state’s signature industry.

As news of the court showdown spread, a wide range of groups questioned whether one state could legally reach beyond its borders to claim jurisdiction over sites with a global reach. Outside parties — ranging from trade organizations like the Interactive Gaming Council and the Internet Commerce Association to civil rights groups like the Electronic Frontier Foundation and ACLU — weighed in on behalf of the Web sites.

The groups argued the law was unconstitutional for a host of reasons, including that Kentucky had no right to block sites visited by a worldwide audience.

While the appeals court dodged those issues for now, they’re bound to recur. If Kentucky rewrites its laws to specifically include domain names, the court will again be faced with determining how far one state can go to police the Web.

See what others are saying on the Online Examiner blog.

I guess it kinda depends how you look at it. Some might say a 66-33 percent victory is pretty dominating. Others might see winning by just one vote as a tiny margin of error.

Posted by DanM at 4:22 pm

December 28, 2008

Poker and Bidness

Here’s a good post from a non-poker blog, written by a dude named Tony H, which is sorta like Tony G but different:

Everything I Know about Business I Learned from Poker

It’s a pretty comprehensive analogy … though he does leave out one chapter I’ve got working in my poker/business book — “Beware of Fuggit Mode”.

Posted by DanM at 6:50 pm

December 8, 2008

Squeaky Capitol Wheels

PPA launches ad campaign to target Congress for 2009

As we’ve talked about before … success for poker in Congress will require more than just being on the right side of the law … it means convincing senators and representatives that we even belong on their radar … and ultimately are worth risking some political capital for on poker’s behalf. We already have tons of Congresspeople on our side. And tons clearly against. Now it’s a matter of not just swaying the uncommitted middle our way, but also convincing them these issues even matter.

click to enlarge

To this extent, as Congressfolk come back to session this week, the PPA is taking out full-page ads (above) in the three most relevant rags to DC insiders — The Hill, Roll Call, and Politico — parlaying the exposure of cheating scandals in the online poker industry into an important message about the need to effectively protect US citizens.

Good stuff, I gotta think.

Posted by DanM at 3:39 pm