Showing posts with label PPA. Show all posts
Showing posts with label PPA. Show all posts

Tuesday, March 25, 2014

Republicans and Democrats are Making My Head Explode: How I Propose We Attack Online Gambling vs Peer to Peer Games

In two days, I've read through a Republican Governor's request for Congress to ban online gaming and a Democratic Governors Association letter asking for Congress to not ban online gaming.  Their reasoning behind both are a rhetorical abomination.

The Republican Letter from Rick Perry
The 10th amendment crusader Rick Perry....oh wait. If it involves technology that can easily cross borders, the federal government needs to be in charge. So in 2014, basically all e-commerce and pretty much everything else should cede power to our omnipotent Federal government. Burn the 10th straight from the bill of rights at this point. What's more offensive? We are still throwing terrorism in there as an excuse and the government protecting us from ourselves. Oh yeah, kids aren't in dorm rooms. When you are 18 years old, you are an adult who can still find a myriad of other ways to blow your money. Trust me, if you can sign up for a brokerage account and get options approval, you are having the most dangerous casino piped into your computer 5 days a week.
Just for the record, the Wire Act was made to combat mafia activity in sports betting. Don't mess up the intention of a law to how liberal judges and others with agendas have applied it. It was a large basis for the shutdown of online poker rooms operating offshore serving US customers.  The DOJ has since said it doesn't apply to online poker.

Democratic Governors Association Letter
Yay! Finally, an entire party standing up for poker players!! Wrong. While I respect someone finally standing up for the 10th amendment, this letter is about protecting the revenues from online state lotteries.  Since our governments are bad at budgeting and funding very mediocre education plans, they need to tax the mathematically challenged by letting them bet on 3 numbers in a row or scratch off tickets.  I'm all about anyone being able to do whatever they want with their money, but the Democratic Governors appear to only want you to bet your money when it benefits their ability to fund their programs.


If you want to think about online gambling, you have to divide it into two categories. Player vs House and Player vs Player or Peer to Peer

My proposal:
Regarding all online gambling where it is player vs the house (corporate entity):
Let states decide how to regulate. This includes all games like roulette, craps, blackjack, slots, sports betting where the house is the book, etc. New Jersey has already decide they will let you pretty much bet on anything you want from the comfort of your own home.  Allow states to tax revenues. There is no benefit to a network of people.  This is like any casino.  They make money when you lose money.  They should be taxed at a higher rate if policy dictates you want to decrease gambling or use funds to treat gambling addicts.

Regarding Player vs Player games where money is bet and the corporate entity takes fees to host (these include fantasy sports, poker games and tournament, player vs player blackjack elimination tournaments, etc.)  We need federal regulation that creates a framework of laws to punish cheaters, track money trails to prevent money laundering, hold corporations accountable, and prevent & treat underage and problem gambling.  Poker is a large industry in the world and peer to peer games will only continue to grow in the future.  Peer to peer games benefit from the network effect. The more states and countries involved in the networks, the better the prize pools, variety, and liquidity.

Unfortunately, the entire poker world is being lumped into the "online gambling" category because politicians on both sides are either promoting their "new" Presidential agenda (Perry) or trying to protect their economically unviable government programs.


Wednesday, July 29, 2009

Letter to State Representative

I know I mentioned this letter in my Twitter. I've stayed very active in writing members of Congress at the federal level and sent this to my state officials.

"The U.S. Congress is considering legislation to license and regulate online poker. This legislation allows states to opt-out of the provisions of the bill. As a constituent, voter, and poker player, I ask that you support online poker rights by advocating against an opt-out by our state.

Poker is a proud American tradition. I believe the heart of that tradition is Las Vegas. Many residents here including myself now play online poker and poker in the many casinos in the state for a living. I thank this state for giving me that opportunity. It's an opportunity I hope will continue as I become a homeowner in Nevada.

The bill in Congress is U.S. House Bill H.R. 2267. It provides for sensible regulation of Internet gaming and puts the U.S. in charge of safeguarding its citizens. The bill mandates rigorous safeguards against underage participation and protections for those with excessive gaming habits while providing consumer protections for the millions of Americans who play online poker every day. This bill will also allow American gaming companies to participate in the world's Internet gaming market, bringing needed jobs to our state, one that is well positioned in that market.

What's most important to me is your support for my rights. Please respond to this letter and let me know you will support my freedoms. I will be watching your actions on this issue closely. I hope that I, along with my over one million fellow Poker Players Alliance members, can count on your support.

Thank you for your consideration."



For what it's worth, I have a blog I've been working on that will cover the WSOP. I'm writing a version of a highlights/interesting moments blog.

Tuesday, October 21, 2008

Michael Phelps, Caesar's 1k, Props to PPA

I must admit that I'm extremely excited to see someone as much of a public figure as Michael Phelps begin to enter poker tournaments as visible as the Caesar's tournament. Not only was there a buzz in lots of poker rooms in Las Vegas that may create short term interest in tournaments, but I think lots of long term effects can help poker. Poker has been shunned by legislatures and federal agencies all across America lately. We have done the standard American thing and pretended like it's simply not there. Millions of people don't play online every day and if you just put a .net at the end of your poker website, it removes all the legal problems your poker site can face. When someone as visible and loved as Michael Phelps takes up the game seriously, it can easily make more people understand that the game is more than just your standard gamble. Of course, there will always be people that don't understand poker is a long term skill game. I hope more people that are visible, intelligent, successful people replace the obnoxious people we have in our game today. I was pretty sad to see Phil Hellmuth parading around with Michael Phelps at the Bellagio. Talk about two completely different people for the game. While Hellmuth has progressively lost his mind with each tournament, blog post, commercial, whatever he's embarked in, Phelps maintained the standard swagger of a champ without being too cocky, but just backing up his swagger with golds. Of course, Hellmuth has many WSOP bracelets and those can't be taken away from him. I just find the contrasting demeanors funny. So anyway, good luck to Michael Phelps and other public US figures that can do positive things for our game.


I voted yesterday before heading to Caesars to finish 23rd in the 1k with 18 getting paid. I got knocked out at 12:15 over 12 hours after beginning to play with nothing to show for it. It was one of those tournaments where you are just put to the test so often. On the third hand of the tournament I had AQ and called from the SB the 150 raise in a 5 way pot. Flop came Q 4c 5c. It checked to the raiser who bet 250 into the 750 pot. I called out of position because I don't raise for information or play huge pots with top pair this early in the tournament. David Plastik called behind. The turn was an A of hearts. I checked to the raiser again and he bet 1500 this time. Now, I had the option to raise here, but really didn't see much value in doing that. My hand was disguised. I was a little intimidated by the size of the bet because it felt at worst he could have AK of clubs or AK. AA or QQ or 55 or 44 were the really concerning hands in his range here. The river was an 8 of spades. I checked to him again and he fired 4000. I hated my hand but called and he showed 55. I don't know if I can fold here. I call online all day and even get it in on the turn sometimes. I've actually struggled with this hand a lot because there really isn't much I'm beating here.

I folded with my 4k stack for about an hour and a half then raised to 600 UTG with AQ to get called by a tighter nice old man UTG+1. The flop came QJ5. I bet 800 and he moved in with AK. I held. I basically then didn't play any big pots. I played the ultimate small ball game and eventually built my way from that 4k stack to 20k after the 4th level. There really weren't that many notable hands, but I did make some lay downs where players would show and I was right 3 times. When I got moved to a new table, I played the short stack for about 3 hours. I probably put my stack in the middle 10 times without getting called in this period of time. There was one pot where a player raised to 2400 with probably 6500 total chips. I had about 10k in chips at 400/800 and looked at KK in the big blind. I just assumed that he couldn't fold, so I pushed in and he mucked. I mean I guess I can flat call here, but come on people. I eventually pushed with KJ off in the cutoff with 16k at 800/1600 with 200 ante. I got called by 88 and won the race. At this point, I felt I was picking up steam and started opening finally. I had a great image . Now for purposes of the fact that I haven't told anyone what I had on this hand. I opened for 4k under the gun with 800/1600 and I had around 40k. I was flat called on the button. The flop came K Q J. I bet 5500. I was soon raised 13000 more. So at this point, I had either AK AA AQ QJ. I was on the verge of pushing my chips in when the player said "I'll show." At that point, the alarms went off in my head. I just felt like I was actually being leveled into a call. Why would anyone ever say that to someone? One the first level, they want you to fold. On the second level, they want you to think they want you to fold to get action. On the third level, they know you think them saying that means you will think they think they want you to fold. So before I confuse myself anymore, I really felt like he was saying this to get me to put my chips in. I folded my hand and he showed KJ. After blinds go up, I'm again around 10bbs and we get to shoving time. I played the patient short stack again until I shoved A5 of hearts and was finally called after like shove 15 with 99. I lost that and still had 2 bb's when I no looked 6 9 of diamonds and was isolated by 66. I can't even be angry about anything. I really think I played well. Confidence in live tournaments can go a long way. After playing at the WSOP this year, I kept making consistent good decisions without many results to back it up. Then I would come home and play online and had my best month of the year in June with big wins. I'm hoping the same theme continues. I'm still deciding what to play next at Caesar's. They have a 2k on Wednesday, but I really want to play the 500 HORSE on Thursday even though they have another great 1k. The 2k on Wednesday has 20k in starting chips and hour levels which means we could play down to the time of 2am and still not be at the final table. By the same token, I'm really pissed about how HORSE worked out at the WSOP.


Props to the PPA (Poker Players Alliance) for putting out the Congressional scorecard. It literally changed my vote to support the Republican in my district. He's in a tight race and his A rating by PPA changed my mind. If more voters follow these things, I can see PPA making a big mark in many tight races that hopefully lead to the proper changes in poker legislation in America.