Tuesday, December 07, 2010

Scratching my head

I think that Harry Reid's bill is unlikely to pass in any form anytime soon. But the possibility of something that would so totally transform the online poker world (as laid out nicely by Grange95 here) going from faint rumor to enactment and a genuine online poker blackout in the space of a week or two is endlessly intriguing, and I find myself ruminating about it frequently. In the process, I keep coming up with things that are just completely baffling. F'r instance:


What's up with the PPA?

On Wednesday the Poker Players Alliance released a press statement about the Reid bill. The most notable thing about it was that it said, well, basically nothing. It was like a lot of college papers I have had the displeasure of reading--lots of words, little or no content. There was certainly no hint of either support or opposition to Reid's proposal. (And, oddly, the press release is not listed in the "press release" section of the PPA web site. Why?)

Then suddenly today the PPA's Twitter account sent this message: "Help! Call the Capitol Switchboard & ask for your Sen. Tell your Sen 2 support the online bill. (202)224-3121 Call both your Sens!" The same message is now repeated as a banner across the PPA web site home page.

How did the PPA get from apparent neutrality to desperately seeking support for the bill in 24 hours? What went on behind the scenes? There has been no updated press release, so we have no way of knowing what exactly the PPA suddenly finds so attractive about this bill, or why it wasn't attractive a day earlier.

This issue again brings up the weird apparent conflict of interest between the PPA's most prominent board members and its membership, as thoroughly laid out here. Suppose there were a bill proposed that would forever prohibit PokerStars and Full Tilt and Bodog and UB, etc., from operating in the U.S., but instantly opened up equally attractive options from other providers with full legality and no other down side. One would think that most PPA members would say, in effect, "Well, Stars and FTP, sucks to be you, and we'll miss you, but we're all for it." But would that be reflected in the official response by the PPA, when it has prominent owners/employees of the major sites directing things?


Why is FTP apparently in favor of this dog?

Today I saw Tweets from Andy Bloch and Adam Schoenfeld--both Full Tilt pros--soliciting support for Reid's bill. I don't know that they consulted their corporate overlords before speaking (or tweeting), but it's hard to imagine that they got some sort of message from Howard Lederer saying "We can't support this bill--it will kill us," then went ahead and sent out the messages that they did. On the other hand, I haven't seen a groundswell of public support from representatives of any of the major online sites yet.

But I can't figure out why any current site would see anything good here. Sure, in the end they might get full legalization, and that might bring otherwise too-leery customers to their doors. But first they have to sit in the penalty box for a few years. Then they could apply for a license. But they'd have to get it through a state licensing body, and it's not hard to imagine the Nevada and New Jersey B&M casino industry leaning on the state legislature and/or gaming control board to pass a law and/or rule saying that no entity formerly offering poker before federal licensing would be eligible, and BANG, they're out forever. If F-Train's preliminary reading of the second leaked version of the bill is correct, mergers and acquisitions would also be effectively barred as ways around this dilemma.

Even if they eventually got licensed, they would then be facing new competition who had had a few years' head start. They would have to set up servers in the U.S. and segregate U.S. players from the pool of the rest of the world. And, of course, who knows how many states would opt out, and prevent large swaths of the country from participating at all? On top of that, they would have to set up means of tax collection, distribution, and reporting. Games would be less profitable to players (and thus presumably less attractive) because of the federal 20% rake on top of what the site owners already take--and I'm assuming, though I do not know, that the bill allows states to skim some off the top, too.

Even without running a single calculation, I simply cannot believe that all of this works out to a +EV answer for the current big sites, as compared to just letting sleeping dogs lie. As I have expressed endlessly before, I'm convinced that federal licensing and regulation like this will be horrible for the long-term health of the online poker industry. But the specifics of the Reid proposal look bad not just for the field as a whole, but very specifically for the current site operators.

It seems likely to me that insiders at Tilt, Stars, etc., had pre-election advance knowledge that Reid had something in the pipeline, and that was what prompted their last-minute political support. Did they know how apparently toxic it was to their interests? If not, then Reid is a world-class turncoat. If they did know what was up, then I have to ask again what I did a month ago: What am I missing?

I responded to Bloch's Tweet with this: "Full Tilt is OK with pulling out of US market for 2-3 years, then using US-based servers and segregating US players from others?" To Schoenfeld, I was a little more direct: "So you want a 20% rake to the feds, plus whatever the state decides to take, on top of the current rake? Funny--I don't." Unsurprisingly, neither man responded.


Would any sites and/or players go rogue?

The legal consequences of a site continuing to operate sans license after enactment of the bill would be grave: Civil fines up to a million dollars a day, plus surrendering 50% of their take, plus getting put on the UIGEA blacklist, meaning that U.S. financial institutions could not do business with them, presumably making it much more difficult to move money to and from the sites. Oh, and a five-year prison term, too, in case that wasn't enough. Basically, if you liked the UIGEA, you'll love the Reid bill.

How would such penalties actually play out, when arrayed against a business entity whose only U.S. presence is electrons zipping across the ether? I don't know. I don't understand either the law or the enforcement tools that the DOJ might have at its disposal enough to make an intelligent guess.

On the one hand, it all sounds pretty drastic. On the other hand, as others have pointed out, there are hundreds of online casinos operating in the U.S. right now, including big ones offering the most clearly forbidden form of gambling of them all, the sports bet. (We're looking at you, Bodog.) There are occasional dustups, but the feds haven't landed any killer blows; no poker site that chose to continue U.S. operations after passage of the UIGEA has been shut down because of law enforcement. Maybe they haven't been trying very hard, and with sufficient motivation and new weapons provided by Harry Reid (and his puppetmasters, Harrah's and MGM) could make life very, very unpleasant for overseas site owners. I sure wouldn't want to be one of the part owners of FTP sitting in Vegas under such circumstances. "Hi, my name is Damocles, and this is my sword." (Google it.)

So maybe one or two rebellious sites would defy the feds and continue offering their games. Bodog sure seems like the most probable candidate for such a role--but who knows?

Is there a workaround? Take Washington state as a current example. FTP and Stars are using two means to exclude players from real-money games. (By the way, I assume that the sites would be able to continue offering free play during the blackout period, which would at least sort of keep their names before the public.) You can't play if either your IP address registers as being located in Washington, or if the physical address you provided when you signed up is there. It is, however, an open secret that when some online sites temporarily barred Nevada residents, some very well known pro players continued having access (hint: at least one name rhymes with "Drunson"). I have little doubt that some enterprising and determined Washington residents are still playing right now, by means of technological subterfuge.

If current operators withdrew to play by the rules, I wonder if businesses would crop up in some relaxed jurisdiction somewhere in the world that would offer to help keep U.S. players in the game. They could provide a mailing address or P.O. box, a foreign bank account, and IP address rerouting to make it appear as if the player were physically located in, say, Fiji. A player could deposit and withdraw through this third party, which would make its profit by keeping a small percentage of such funds transfers. As far as a U.S. player's bank was concerned, they'd be processing a check to or from some obscure business, rather than interacting directly with a gambling site.

Maybe there are anti-money-laundering international treaties that would quickly shut down such entities. Or maybe they would prosper like mushrooms in manure. Or maybe the online sites, fearful of doing anything to upset the legal powers that be in the U.S. would work hard to sniff out such businesses and refuse to do transactions with them. After all, one would think that there would be large numbers of players all claiming the same address, even if with different box numbers. Or maybe not--maybe they would just make up physical addresses so that no checks ever needed to be mailed to or from them, and make all transactions purely electronic, though I would think there would still be enough similarity for a large number of players that the sites could easily figure it out. I don't know. I'm just thinking out loud here.


I don't know the answers to these or several other questions that I'm too tired to add in here, but my Spidey sense is all tingly. This whole thing stinks to high heaven, if you ask me, and not just for the generic reasons have caused me to long oppose federal involvement in the whole arena. I just cannot see any long-term good for players coming out of this proposal, and I remain completely baffled at how anybody concludes that it would be good for poker.

But as Dennis Miller famously ends his rants, "Of course, that's just my opinion, I could be wrong."


Incidentally, there was this coverage in the Sun today (though, predictably, they got some important things about current law completely wrong). Also some interesting observations from some of the Nevada people/entities that would presumably be involved in licensing here.

Check in the dark




Sometimes I put a note on Twitter with no context, except that it's what happened to be floating through my mind at the moment. Friday saw such an example when I wrote: "I wish I understood why so many people think that checking in the dark is a smart move.... besides the fact that they see Phil Hellmuth do it on TV, that is."

One of my followers--one who is trying to make a living playing poker, in fact--responded with a serious query: "Checking in the dark isn't a good move?"

I didn't reply, for a bunch of reasons--Twitter not being a good medium for poker strategy discussions chief among them. But the question got me to wondering how I might explain the whole subject to a novice who asked me about it.

My first reaction to the question is to answer it with another question: "In a game in which information is money, why would you ever choose to make a decision without information when you could wait five seconds and make it with information?"

After mulling it over on and off for a few days, I think that remains a pretty solid generalization. It's not 100% true. Though I don't think I have ever checked in the dark, a handful of times I have bet in the dark, about which one could ask the same skeptical question. But I think these have all been all-in bets, in situations where it would have been apparent to any thinking opponent that I was effectively pot-committed anyway, so there was essentially no difference, in terms of either strategy or what information I was conveying about my hand, between betting in the dark and waiting for the card(s) to hit the board.

It's easy to list some downsides of the dark check. Most prominently: (1) You lose the opportunity to lead-bluff at a dry board against an opponent who has a tendency to give up if he whiffs the flop, and (2) you risk giving a free card to your opponent, one which makes his hand and costs you a pot that you otherwise could have won by betting the flop when you had the best hand (e.g., you have A-Q versus A-K, flop is queen-high, king on the turn). More generally, I would put it this way: Having to act first, rather than last, is only occasionally advantageous, but when it is, it's a potential disaster to have given up that advantage blindly in advance.

I find it harder to specify the advantages of a dark check. I suppose that, like most every other poker tactic, it has some useful role, even if only a small niche, but, frankly, I don't know how to list the set of conditions in which it should come into play--a fact that is undoubtedly related to the fact that I have never deployed it.

Perhaps I have missed an occasional opportunity when a dark check would have been advantageous. But even if so, I'm willing to make these three assertions categorically: (1) If one never, ever checked dark, it would be, at worst, a small mistake in one's game. (2) Using it habitually, rather than thoughtfully and selectively, is just plain bad poker. (3) Whatever marginal or situation-specific utility the technique may have, it is vastly overused. (This, of course, is true of several other tactics one could name, such as the min-raise. It has its place, but only really bad players employ it more than occasionally, and I suspect that very few of them would be able to articulate a cogent explanation of why they're doing it in any given spot.)

I suppose some players think that the dark check looks strong and intimidating. I never read it that way. To me, it looks weak and scared. It reeks of, "I'm really uncomfortable having to make the first decision, so I'm going to push that responsibility off onto you." Most players that I see using it regularly are weak and timid, and the check reflects that, I think.

But maybe I'm wrong. Maybe I'm missing some terrific potential advantage here. I'd welcome thoughtful advocates of the dark check to explain why they think it's either a good practice to engage in routinely when first to act, or to delineate the specific circumstances in which it is smart to selectively use it (e.g., small pot or large? against one opponent or many? against what type(s) of opponent? deep-stacked or short-stacked? limit or no-limit? etc.) Perhaps I can be convinced that I'm missing out on a good thing by being a refusenik.



Incidentally, while looking for some sort of image with which to illustrate this post, I happened to notice that there is a band named "Check in the Dark": http://www.myspace.com/checkinthedarkmusic

As for the photo I found? Well, it's a dark check. Dark check--get it?

Poker gems, #402

An unnamed Congressional aide, commenting for Politico on how Sen. Reid's online poker bill is pure payback to the brick-and-mortar casinos that helped him win reelection.


You could call him ‘Harrah Reid’ at this point.

Guess the casino, #714






To reveal the hidden answer, use your mouse to highlight the space immediately after the word "Answer" below.




Answer: Wynn

Monday, December 06, 2010

Interesting TV hand

This happened Thursday on the PokerStars "Big Game." It was indisputably the hand of the week. Watch it here (cuz if you don't, the rest of what I have to say won't make any sense):





(In case that embed stops working for some reason, go here, find Week 10, Episode 4, and fast forward to the 13:30 mark.)

I thought there were all sorts of interesting things about this hand.

Hellmuth's call

I was stunned when he made the call. Yeah, I know it's easy to make good decisions when I'm looking at the guy's hole cards. But that's not it. It's a confluence of two thoughts. First, this "loose cannon" had not put all his chips into the pot all week, and he was not under any extraordinary time pressure to do so here.

Second, of the hands with which the LC might shove there, what could Hellmuth beat? As Hellmuth himself notes, he's unlikely to have pushed with A-10, let alone A-2. A wary call would be the play of choice. So if his opponent is value-betting because he thinks he's ahead, he has top two pair (A-J), a set, or a straight--all of which have Hellmuth beat.

I conclude from that that Hellmuth saw this guy's range as purely polarized: he was very strong or he was on a complete bluff with, most likely, a busted flush draw. Hellmuth must have known that his aces-up hand was only a bluff catcher now, which means that he decided it was more likely than not that the LC (David Fishman) was on a bluff. But that was a very expensive call to make when there were so many plausible hands Fishman could have that had him beat, and when Fishman had shown not a single bluff all week. Hellmuth had to call about $74,000 to win a $167,000 pot, which means that Fishman had to be bluffing at least 44% of the time there to make it a profitable call. That seems to me like a rather large overestimate. Hellmuth had shown strength at every opportunity in the hand; how could he conclude that the amateur would pick this spot for his first big bluff with that kind of frequency, when failure would mean the end of his dream?

Seems like a seriously bad call to me.

The tells

The call gets even worse when factoring in the tells. Hellmuth says after the fact that he hesitated in making the call because of the guy's chatter, the implication being that all the talking made Hellmuth estimate him to be stronger (i.e., less likely to be bluffing) than he otherwise would have. Which, if correct, should have tipped a close decision toward a fold.

But the tells were kind of a mixed bag. First there was the phony "I'm not going to let you do this to me" stuff--sighing, looking scared, rubbing his face as if in fear. Weak means strong. Again, should have been a red flag.

Then there was the obvious trembling. At face value, shaking more often signifies a monster than a bluff, which Phil obviously must know. Assuming he noticed it (and how could he not have? It doesn't show up terribly well in this clip, but it could not have been missed at the time, given how prominent it was), that would be another reason not to call.

I thought the shaking looked unnatural, and in an interview afterwards, Fishman told Amanda Leatherman with a laugh that it was not real. I don't get that. Unless he doesn't even know the most basic facts about tells, why would he simulate looking strong when he was trying to induce a call?

I guess I shouldn't criticize, because whatever he did, it worked--but as I was watching it, I really thought he was harming rather than enhancing his chances for a call. If Hellmuth's commentary after the fact is to be believed, I was correct to be thinking that. He came close to blowing it.

Lesson: Unless you're really, really good at understanding what specific effect your chatter will have on an opponent, it's better to just keep quiet.

For what it's worth, the adrenaline-induced shaking that often sets in with a big hand tends to affect the small muscles more than large ones, so you will see it more in the hands than in the arms or torso. It also tends to be of a higher frequency than what Fishman was doing voluntarily. Those were the two reasons it read false to me; even though trembling would not be unexpected in his situation, it wouldn't look like that.

The aftermath

The clip above cuts off the discussion, but I liked William Perkins (whom I had never heard of before) laying into Hellmuth for his complaining. He said, emphatically and repeatedly, "He's a schoolteacher [read: he doesn't make much]. You have endless trunks of money." In other words, let it go. Rise above it. The money means more to him than it does to you. Grow up, stop whining.

Nicely done, sir, though I'm afraid your target is not capable of learning to behave in the civilized and sportsmanlike way you point out that he should.

The subsequent play

That hand gave Fishman a lock on a big win and a virtual lock on the extra $50,000 end-of-season tournament buy-in bonus--as long as he didn't blow it. He chose to fold every hand thereafter. It cost him about $10,000 in blinds and antes, but he didn't have the option to quit playing, so that was his least costly tactic.

Of course, he could have kept really playing, trying to increase his profits. But, first, that would obviously jeopardize his winnings. And, second, perhaps he understood what would happen. His opponents were no dummies. They would all know that he was now going to be playing scared money, and they would bet and raise him mercilessly, putting him to painful decisions on every street of every hand, knowing that if he played back at them at all, it would only be with the stone-cold nuts and then they could easily fold. Indeed, the one time he momentarily broke from his lock-down commitment, with pocket kings, he tried to limp in, somebody raised, and he agonized before folding. Every single hand would have been like that. It would have been an impossible position from which to try to win. (And, interestingly, the one time he folded pocket aces pre-flop, Phil Laak had 6-6 and flopped the other two sixes in the deck. That could have been a true disaster.)

The lesson: This illustrates that you must be willing to lose in order to win. If your opponents know that you are unwilling to lose any significant fraction of the stakes you have on the table in a no-limit game, you are toast. They will eat you alive, if they're any good. Never continue to play when you have in front of you an amount that you are unwilling to lose, that you are unwilling to put into the pot when you believe you have the best of it.

The commentary

I thought the producers would hate Fishman for basically refusing to play for the last 1 1/2 episodes of a 5-episode series. And maybe they did. But I was glad that they let the two commentators both discuss and praise the LC's strategy. They made clear why he was doing what he was doing. Moreover, they said they didn't blame him at all. They said, paraphrasing, "He's playing by the rules we set up for him. It's his money and he can do with it what he wants to. He has two small children to think about." Maybe it was all phony, meant to cover up the producers' true feelings, and play to what was inevitably going to be an audience rooting for the underdog to have such phenomenal success. Or maybe they really meant it, whether or not the producers agreed with them. Or maybe the producers loved having a nobody walk in and take $130,000 from the pros, and didn't mind him nitting it up the last portion of the week as part of the bargain. I can't tell, and I don't really care. The commentary came off as sensible, supportive, and compassionate, and I appreciated that. It would have felt terribly out of place for them to criticize him in that situation.

The closest they came was when he had the aces and they said something like, "No true poker player can lay that down." But that wasn't true. There are a few rare, specific situations in which folding aces pre-flop is either unquestionably correct or at least justifiable. This was one of them, and his decision to muck A-A said nothing about either his skill or his sincerity as a poker player.

The other players were classy and supportive, too, except for Jason Mercier, who seemed not to understand why the guy was folding every hand, and even placed a prop bet that Fishman had not actually folded aces. (You lose, dude.)

All in all, it made for a really interesting hand, and an interesting aftermath, seeing if he would stick to his chosen strategy, and how the others would react to it. The Big Game doesn't always hit home runs, but last week they sure did.

A seasonal reminder







Silk scarves may not be quite as sexy as silk stockings, but you can give them to a much wider range of people in your life without raising eyebrows and questions.

Vote Shamus

Bluff magazine's annual readers' choice awards are now open for voting here. I've never participated before, but the nomination of Hard-Boiled Poker in the category of best poker blog gave me reason to. I read and like all four of the nominated blogs, but I am particularly fond of both the author and the content at HBP. There simply isn't any other solo poker blog out there that updates every weekday, and does so with thoughtful commentary on poker news, tournaments, politics, personalities, television, books, plus his own play and poker-related travel. It is hard work coming up with original things to write about in the poker world that frequently, and to do so with high-quality writing. I can't think of anybody more deserving of the nomination.

FWIW, my other votes were as follows:

1. Gabe Kaplan
2. Kara Scott (but I'd still be voting for Shana Hiatt if I could)
3. High Stakes Poker
4. no vote (I don't watch any of them)
5. HBP
6. PocketFives (but I check in with any such sites only rarely)
7. Erik Seidel, and this one shouldn't even be close
8. PokerStars
9. Venetian
10. no vote (never been to any of them)
11. ditto
12. Frank Kassela
13. PokerTableRatings (I don't use any of them, but I gave them the vote in recognition of the nice work they did this year about online poker security)
14. Michael Mizrachi

No thanks, Harry

The first insta-analyses of Harry Reid's proposed legislation to license and regulate online poker are here:

http://ftrain.blogspot.com/2010/12/quick-and-dirty-summary-of-reid-poker.html

http://pokerati.com/2010/12/03/summary-of-the-proposed-prohibition-of-internet-gambling-internet-poker-regulation-and-uigea-enforcement-act/

http://pokerati.com/2010/12/03/reid-online-gambling-bill-inside-the-draftuigea-strengthened-foreign-sites-wanting-us-license-must-obey/

http://espn.go.com/sports/fantasy/blog/_/name/poker/id/5891943/reid-bill-change-industry?ua

http://www.bjnemeth.com/blog/2010/12/3/bjs-early-analysis-of-harry-reids-lame-duck-online-poker-bil.html

Best commentaries I've seen so far about what all this means:

http://www.kickasspoker.com/blog/reid%e2%80%99s-proposed-online-poker-bill-exposes-political-hypocrisy/

http://www.billrini.com/2010/12/05/gambling-industry-writes-harry-reids-online-gambling-bill/

Worst legal commentary so far:

http://www.gamblingreviews.com/news/more-info-on-harry-reid%E2%80%99s-gambling-regulations/1720/

This is written by one Jeremy Schrute, about whom I know nothing, except that he has no idea what he is talking about. In the first place, his article, dated today, was apparently written in complete ignorance of the fact that the draft bill was posted on the Review-Journal's web site Friday. Excellent situational awareness there, Mr. Schrute. Granted, there may be other draft versions, and the whole thing remains the proverbial moving target, subject to ongoing revision. But it's just utterly irresponsible journalism to post commentary about a bill without having discovered that it has been available online for three days, and that others have already written about the draft.

"There isn’t a whole lot of information on Harry Reid’s proposed online gambling regulation, partly because the bill is so secretive." Yeah, so secretive that it can only be found on the web site of the state's largest newspaper.

Mr. Schrute writes, "Most U.S. states don’t have any laws specifically regarding online gambling, but a few states, such as Washington, specifically ban the action. It seems that Reid’s bill would attempt to override Washington’s ban, though from a constitutional standpoint Washington’s state law trumps federal law. Because it doesn’t involve interstate activity, the federal government has no jurisdiction. That problem could be solved if Reid’s bill has an opt-out clause, though, where individual states can opt out of legalizing online gambling."

Again we have the problem that the author hasn't looked at the draft bill and therefore doesn't know that there is an opt-out clause. But the problem goes deeper than that. His understanding of how the interstate commerce clause has been applied by courts is lacking. Back in 1942 the Supreme Court ruled that a famer growing wheat on his own land for his own use could be regulated by Congress under the interstate commerce clause--even though he wasn't selling it--because growing his own wheat instead of buying it on the open market affected the national wheat economy. That case is hardly dead law; it was the main precedent behind the Court holding in 2005 that the federal ban on marijuana was applicable to a California man who was growing pot for his own use in accordance with state law. Never mind that he wasn't selling it, so that it wasn't commerce, nor that the stuff was grown, harvested, and used entirely in California, so that it wasn't interstate; still, the interstate commerce clause applied.

Now, I happen to think that both of these decisions are dead wrong. But Mr. Schrute appears to have no knowledge of them. These cases are at the center of much of the litigation currently going on about whether the federal government can require individuals to purchase health insurance; there was a court decision on that just last week.

My point is not to say that it's obvious that Reid's bill--whether or not it has an opt-out clause--is clearly constitutional. My point is only that Mr. Schrute's analysis of how the commerce clause works is hopelessly, embarrassingly simplistic and ignorant.

Leaving aside Mr. Schrute's piece, what I don't get about coverage in the last few days is how some people seem to think that Reid's bill is good for online poker players. Wicked Chops Poker, for instance, wrote that it made them glad they had voted for Reid in the recent election. Prof's Poker Blog gushes, "Legal Internet poker will produce billions in tax revenues that will be shared by states and the federal government while providing players a high degree of security through time-proven intense scrutiny of the legal Internet poker rooms. Online poker players will enjoy a level of protection from cheats and scams plus a guarantee of honest games, something that has been missing from current offshore Internet poker rooms. Give 'em Hell Harry!"

I have explained until I'm blue in the face why I'm convinced that federal taxation and regulation of online poker would be a horrible blow to the industry, rather than the boon that many blithely assume; see, e.g., here and here and here. The current proposal does not one thing to assuage my fears. On the contrary, it reinforces them. They will start with a 20% tax (though, as F-Train notes, it's unclear whether this means a 20% rake or a 20% tax on deposits). Would you care to guess which direction the rate will tend to go from there? Add to that at least a 15-month period during which there will be no legal online poker provided by anybody, and at least a 39-month period during which current operators (Stars, Full Tilt, Bodog, UB, etc.) will be unavailable here. Add to that reports made directly to the IRS on exactly how much each player won and lost. Read "Bill Rini's" back-of-the-envelope calculations about how much this ban would cost the biggest current operators.

What Prof crows about as tax revenue for the state and federal governments translates to me as money out of my pocket. It is beyond my comprehension how he thinks that security will be enhanced by excluding from the market the two companies (Stars and FTP) with the most worldwide experience in providing a secure game and leaving the field exclusively to operators who have never done online poker for real money before. How in the hell does that give us "time-proven" security? If he somehow believes that a federal imprimatur guarantees, ipso facto, an absence of fraud, he must have never heard of what goes on, say, in the highly regulated securities industry.

This bill is not good for players or for current operators. It is good only for the big Nevada casinos who are overtly favored in every aspect of the bill's structure, and for the Nevada gaming commission's revenue. I cannot imagine how any thinking person could conclude that it is good for poker overall.

Addendum, December 7, 2010

See F-Train's update here.

Guess the casino, #713






To reveal the hidden answer, use your mouse to highlight the space immediately after the word "Answer" below.




Answer: Stratosphere

Sunday, December 05, 2010

Guess the casino, #712






To reveal the hidden answer, use your mouse to highlight the space immediately after the word "Answer" below.




Answer: Rio

Saturday, December 04, 2010

Anyone have a fork handy?

Last night at the Orleans I had a suited 7-8. Flop 8-8-J. I get it all in against a stupid woman (I don't say that lightly; she's a local that I have played with a few times before, and she's a terrible player) who has A-J. Turn: J.

Today I went to Mandalay Bay after failing to get a balloon ride across the street at Cloud Nine. (See below.) Early on, I pick up one of the statistically best ace-cracker hands, suited 7-8. I get it all in against, yes, A-A, on a flop of 10-7-8. Turn: 10, giving him a better two pair.

Rebuy. Play very patiently on a table with two certifiable maniacs and two semi-maniacs (i.e., they don't play every hand like the maniacs, but they grossly overbet everything when they do play). Maniac #1 open-raises from under the gun to $25. This means nothing; he does it for close to 50% of his starting hands, regardless of position. Maniac #2 raises to $75. This means he has some sort of hand, but by no means necessarily a premium. I have $206. I put it all in with my K-K, confident I'll get at least one call, because Maniac #2 has only about $65 more behind. I do. He has 6-6. I even have his suits covered. The board runs out A-4-5-7-8, giving him a straight.

A few hands later I have suited Q-10 in a seven-way limped pot (a rarity at this table). Flop is Q-8-4 rainbow. Maniac #2 bets $25, meaning he has something, but not necessarily much. I put in my remaining $60. He reluctantly calls, while saying that he knows he's beat. He has just a 4, no draw. Turn: 4. River: 4. Quads for him.

That's it. I have once again reached the limit of my tolerance for such things. I'm out $800 in the first four days of the month, and feel no interest in playing again anytime soon. It's time for another break of currently undetermined duration from the game.

Is Cloud Nine dead?

Back in mid-November I saw a notice that the Cloud 9 tethered balloon attraction was offering $10 ride with the donation of a can of food for a local food bank. Today was the last day of the special--so of course I waited until today. The web site suggests calling for reservations. I tried three times, and just got a recording. So I just went out there. It was overcast but warm, and I thought I might get some nice photos of the city. Saturday hours are supposed to be 10:00 a.m. to midnight, and nothing on the web site indicated anything was amiss.

It was dead. The balloon was there, but nobody was around. The parking lot was empty. The office (labeled "Flight Center") was dark and locked, with a bundle of pamphlets outside the door that hadn't been taken in.

I get the distinct feeling that the whole business quietly went belly-up sometime very recently, though I have seen no such announcement anywhere. A Google news search finds no announcement.

I wish I knew what had happened. I was looking forward to a nice ride.

Guess the casino, #711






To reveal the hidden answer, use your mouse to highlight the space immediately after the word "Answer" below.




Answer: Orleans

Decisions, decisions (conclusion)

If you have not already read the first part of this story, in which I described the decision I faced, you might want to do so now, before reading on.


I thought a long time, and finally folded.

Well, first I threw up in my mouth a little bit, THEN I folded.

I decided he wasn't the type to check-raise the river with air. I thought he wanted a call, which meant that he believed he had me beat. And the hands that actually had me beat weighed more heavily in my mind than the Dumb Guy hands. I just couldn't see him being obtuse enough to value-check-raise with trips in that situation. I decided that he was quite a bit more likely to have a full house, or, at minimum, the ace-high flush, than something that he mistakenly thought was the winner.

He mucked without showing, so I'll never know.

If I had to guess his most likely hand, it would be a suited K-4 (or his kicker pairing whatever the river card was). On the flop, he thought top pair was good enough for a call. On the turn he like his trip kings, but worried about the flush. On the river he finally made his hand, and made the instant decision to go for the check-raise, without really thinking through whether that was the way to get maximum value, whether I could be relied on to bet for him. But flopped two pair with K-10 is also a decent possibility, as is either 2-2 or 10-10 for a flopped set--but if so, he played them very strangely.

But I'll tell you that I'm having pangs of regret about the fold. In retrospect, I really wonder if he had trip kings and he inadvertantly bluffed when he thought he was value-betting. On the other hand, I hate making bad calls, and I like to imagine that I'm better at getting away from second-best hands than most of my opponents. Maybe the laydown was correct. I really don't know.

Frankly, the uncertainty is annoying me more than I should let it. I'm so used to not knowing such things that it usually doesn't eat at me. I shrug and move on. Once in a while, though, a situation is so puzzling that I can't figure it out to any satisfaction, which causes my brain to keeping mulling it over, trying to unlock the riddle. But I know from experience that the second-guessing of myself will pass quickly, and this hand will be mostly forgotten, like the other thousands before it.

And, just for C.K., I have to say this: Stupid crubs.

Friday, December 03, 2010

Poker gems, #401

Joe Stapleton, in PokerStars Big Game, in the middle of Phil Hellmuth bitching at the dealer for giving his amateur opponent the card to fill his gutshot straight, beating Hellmuth's two pair:


Don't blame the dealer. We all know it's the seat that's unlucky.

Poker gems, #400

Barry Tanenbaum, in Card Player magazine column, December 1, 2010 (vol. 23, #24), p. 74.


Many of my friends who play no-limit are macho types. They always believe that they figure to be the best player at the table, and they always buy in for the table maximum so that they can win the most money.

When playing with strangers, this can be an error. You have no idea who the excellent players are and who are less-skilled. So, always buy in for the minimum while you assess the table....

Yes, if it turns out that you are the best player, you may have lost a bit of an opportunity. But if the opposite is true, you may have saved yourself a lot of chips when misreading one of the better players.

Guess the casino, #710






To reveal the hidden answer, use your mouse to highlight the space immediately after the word "Answer" below.




Answer: Imperial Palace

Thursday, December 02, 2010

Decisions, decisions

I was playing today at Caesars Palace. About an hour into the session, I had about $180. I picked up Qc-Jc on the button. It was folded around to me. I raised to $13. The only caller was the big blind.

Flop: Kd-10c-2c. BB checked. I had an open-ended straight draw, a flush draw (and, as we know, crubs always get there), position, a single opponent, and the betting lead. In my book, that's plenty of reason to bet, which I did--$20. He called.

Turn: Kc. Ding! Now I have improved to the second nut flush with an open-ended straight flush draw. Visions of sugarplums royal flushes danced in my head. He checked again. I bet again--another $20. It is unusual for me to repeat a bet size on two streets, but I wanted to maximize the chance of a call, both because I was pretty sure I had the winner and because I wanted a pull at hitting the 9c or Ac for whatever jackpot they had. He called.

River: Some blank, maybe a red 4, I don't remember for sure. He checked again. I bet $40. I was stunned as I could be when he check-raised all-in. He had me covered. It would cost my last $90 or so to call.

What to do in this sort of situation is, obviously, highly dependent on the nature of one's opponent. I can't tell you a whole lot about this guy. He was very quiet. As far as I could tell, he was completely straightforward, not a tricky bone in him--but it was a small sample size. He didn't play a lot of hands, and when he did, he was mostly a calling station. The only aggressive move I had seen him make was a pot-sized bet on the river, with a set he had made on the turn, into a board with a four-straight on it. Surprisingly, he got a call and won. I thought both ends of that bet and call were pretty dubious.

Check-raising the river is unusual in this level of game. It nearly always means either complete trash or a really huge hand. What could he be sitting on?

I broke his possible hands down into four categories. First was the monsters, the nut flush and any full house. Second was complete air--some sort of busted draw, A-Q, or whatever. Third was smaller flushes than mine. Fourth was a category that I wouldn't even open for some players--the Dumb Guy hands. By that I mean hands that only a really bad player would think were good there: trip kings, or something like A-10 for two pair with an ace kicker. With a possible flush and full house out there, it's crazy to check-raise the river with those hands; it's the classic "zero-equity" bet, getting called only when you've lost. You check-call, check-fold, or bet and fold to a raise. But there are some players at this level that can convince themselves that such hands are pure gold in this kind of situation, God bless 'em.

I did not think that he was capable of a river check-raise with nothing, at least not against a player that he probably recognized had been one of the tightest at the table, and who had bet at every opportunity, showing strength. (If he had been paying attention, he would have seen that thus far in the session I had been perfectly A-B-C, betting when I had something, checking and folding when I didn't.) Even if he's capable of such a move in some circumstances, this would not seem to be the place to expect him to deploy it. Would he do it with a busted draw out of desperation? Maybe. But what draw would that be? Another Q-J, going for the straight? If so, would he really continue after that ugly turn card? He can't have a busted flush draw.

So I basically ruled out a busted draw. And I didn't think he would be running a pure bluff from the outset. After all, if he had been planning an out-of-position float to take the pot away (a move I'm not sure is in his repertoire), surely the turn would have been the time to pull the trigger. Not only would he see that as a great bluffing card, but he would not be able to count on me betting the river to put the check-raise in then.

In fact, that was what most occupied my thoughts here: If this is a value bet with a monster, what made him feel confident that I would bet the river? After all, repeating the flop bet on the turn should smell of weakness. If I had a full house there, I don't think I would usually count on my opponent betting the river, and I would most often lead out, hoping for a call or raise, because I wouldn't want to risk getting no more money in if he checked behind. That line of thinking pointed back to the possibility of it being a bluff, either with nothing from the get-go or the busted straight draw. But, again, such a move didn't fit what I knew of his type of play.

All of which led me to consider the Dumb Guy hands, especially trip kings. But I couldn't feel easy about that, because, again, it made no sense to check-raise there instead of check-calling. Did he not see the flush? Did he not grasp the implication of the pair on the board? That's about the level of denseness it would take to check-raise all-in as a value bet in that situation, and it was really hard to attribute that degree of ineptitude to him. He was timid calling-station bad, but not "Oh my God! What's wrong with you?" bad.

Smaller flushes also didn't make sense to me, for basically the same reasons as the Dumb Guy hands. The best non-nut flush he could have was with the 9c-xc. That's a highly tenuous hand on which to pull out the river all-in check-raise; he'll only get called when he's losing.

So that was my dilemma. I could put him on absolutely no hand that fit the action and/or his general style, to the best of my ability to discern it.

Once again, I will give my readers a chance to ponder, comment, guess, commit themselves, before revealing the end of the story in 24 hours.

Poker gems, #399




Joe Stapleton, on PokerStars Big Game, about Phil Laak.


The sling is from a recent ATV accident in which he nearly died. As for the haircut, I can only imagine there was some brain damage as well.

Now featured at Caesars Palace...




When I checked in at the desk at Caesars Palace this afternoon, I handed my player's card to the guy behind the desk, who surprised me by saying, "They'll check you in at the table."

Sure enough--Caesars has finally joined the rest of its sister properties and has installed the Bravo system. This must have occurred very recently, because I was there two weeks ago and nothing had changed.

This is a welcome addition, as local nits were terribly abusive of comps and any other temporary promotions that relied on hours at the table: playing a few hands and then taking a break for an hour, lather, rinse, repeat. I hope this new development will mostly put an end to that obnoxious practice.

Poker gems, #398

Matt Lessinger, in Card Player magazine column, December 1, 2010 (vol. 23, #24), p.58.


At a given buy-in level... you're not going to be that much better than your opponents. if you were, you'd be playing for higher stakes. If they were that bad, they'd soon get tired of losing and play something else. It's the small differences in skill that set you apart from your opponents. You're not going to win every time, but it's an extra win here and there and a few extra in-the-money finishes that will generate your long-term profits.

For the most part, you need to give your opponents credit for having a skill set similar to yours. That's something that a surprising number of players refuse to do, or they don't give it enough thought.

Guess the casino, #709






To reveal the hidden answer, use your mouse to highlight the space immediately after the word "Answer" below.




Answer: Caesars Palace

Wednesday, December 01, 2010

Guess the casino, #708






To reveal the hidden answer, use your mouse to highlight the space immediately after the word "Answer" below.




Answer: Venetian