Yes, you read that correctly.

Posted by Dr Fro | September 20, 2009 9:49 PM
Filed Under Online

negative

Yes, you read that correctly.  That is a negative number.  Pokerstars and I are arguing over 2 dimes right now, and their last move was to take it from my account.

The gist of the argument is that a third party processor seems to have not paid them what I paid them…even thought PS credited my account!  The problem came up like 8 months after the fact!

Seriously, this is BS.

Has anybody else experienced this?

F

Lake Charles had better be worried

Posted by Johnnymac | September 1, 2009 10:52 AM
Filed Under Online, Vanity & Personal

If anyone here cares about Vietnamese culture and is ever struck by an urge to learn more about Vietnamese culture while betting on a Vietnamese sports betting website, your ship has come in.

George Will on the PPA

Posted by Johnnymac | August 16, 2009 1:39 PM
Filed Under Online, Politics & News

Although I think the argument is eminently better when you discuss the potential for government tax revenues from legal poker, it’s always nice to see a major journalistic figure throw a bone to the cause in a major Sunday newspaper, so I can’t nitpick too much. George Will is always about the hypocrisy, anyway, and, as we all know the UIGEA is full of it:

In 2006, Congress, cloaking cunning with moralizing, effectively outlawed Internet gambling by making it illegal for banks or credit-card companies to process payments to online gambling operations. This was more than moral pork for social conservatives. It also blocked online competitors from poaching gamblers from the nation’s most aggressive promoters of gambling — state governments. They are increasingly addicted to revenue raised by lotteries — the 42 states that have lotteries spent $520 million in 2007 promoting them — and from taxation of other legal gambling. The law exempted Internet state lotteries and two powerful and vocal interests — online betting on horse racing and some fantasy sports betting online.

Having turned gambling, which once was treated as a sin, into a social policy, government looks unusually silly criminalizing online forms of it.

Semantics on the Hill

Posted by Johnnymac | July 21, 2009 9:57 AM
Filed Under Online, Politics & News

Bwarney Fwank had his PPA buddies up for a visit yesterday:

Poker Players Lobby Lawmakers To License Online Games

WASHINGTON (Dow Jones)–Poker enthusiasts are visiting the Capitol this week to make their case to lawmakers that online gaming can be regulated effectively and doesn’t need to be banned outright.

John Pappas, head of lobbying group Poker Players Alliance, said legislation to license and regulate online poker would ensure protections for compulsive gamblers and minors.

All the protections that online sites in the U.S. use now are voluntary, Pappas said Monday at a congressional briefing.

Pappas wants lawmakers to act before December to clarify a law that could ban banks from helping online poker sites distribute money among players. Without action, banks could vacate the market and leave the money distribution to less-reputable organizations, he said.

U.S. law prohibits most forms of Internet gambling. State prosecutors recently seized millions from online poker sites, angering players and advocates who believe their online gaming activities are legitimate.

The European Commission also has threatened to challenge the U.S. ban on Internet gambling at the World Trade Organization, saying the prohibition violates international trade rules.

Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, has proposed legislation to legalize and regulate Internet gambling so revenue could be taxed and consumers would have some protections.

A similar bill is expected to be introduced in the Senate by Sen. Robert Menendez, D-N.J., Pappas said.

According to the Poker Players Alliance, there are 10 million Americans who play online poker for money, spending about $6 billion a year.

The alliance has argued in court that online poker doesn’t violate the existing law because it is a game of skill, rather than a game of chance.

Wagers are made against other players of varying ability, not against a “house” as an illegal gambling game might be run, the alliance argued in petitions to U.S. attorneys in New York and California. Moreover, a poker “bet” mischaracterizes the actual activity in poker, the petition stated, saying a poker bet is more like a “move” in any other game.

I think it’s clever to redefine the meaning of “bet” as a “move” but I don’t think it’s going to work. You’re still putting a variable amount of money into the game and whether or not you receive that money back is at least partially a teeny weeny bit dependent on a random occurrence. It’s a bet and in the loosest sense of the term, it IS gambling.

(”this blog will self destruct in 10, 9, 8, …”)

At least according to the way most state laws are written.

(”Abort self destruct”)

That said, I do think that there is hardly any difference between horse racing and poker – you’re not betting against the house with odds against you, you’re betting against other people’s opinions on an outside event – so why is the former legal and the latter not?

The same argument could be made for sports betting, too, although the potential for corruption is a lot higher because said outside event is beyond the control of the party hosting the betting game or a regulatory body that would be tasked with its administration, and, frankly, I don’t want to see a U.S. Deparment of Sports Gaming Administration patrolling the sideline at Rice Stadium just to make a legal football bet in Texas.

Regardless of ALL of this, I think the PPA is doing a good job and I think they’re fighting the good fight. What has to happen is that a brand new law with brand new poker-specific definitions will need to be written – it’s kind of clever to try and play the semantics game and hope a judge somewhere buys in (like people THINK is the case in California, but not really).

And while I like the effort, that seems to be too complicated compared to just lobbying a few Congressmen and promising a new source of money to spend on airports. They’ll jump at that.

YUMMY!

Posted by Dr Fro | July 8, 2009 9:55 PM
Filed Under Online, Poker

PokerStars Game #30253251648: Hold’em No Limit ($3/$6) – 2009/07/08 22:50:33 ET
Table ‘Auricula II’ 9-max Seat #2 is the button

Seat 1: phreaux ($261.85 in chips)
Seat 2: poo-onastick ($1019.30 in chips)
Seat 3: wimnl ($1117.65 in chips)
Seat 4: Cutler13 ($220.75 in chips)
Seat 5: markwin11 ($910.75 in chips)
Seat 6: faded umbra ($600 in chips)
Seat 8: pkuboy ($128.25 in chips)
Seat 9: D_ReKK13 ($984.20 in chips)
wimnl: posts small blind $3
Cutler13: posts big blind $6

*** HOLE CARDS ***
Dealt to phreaux [Kd Kh]
markwin11: folds
faded umbra: folds
pkuboy: folds
D_ReKK13: folds
phreaux: raises $6 to $12
poo-onastick: raises $48 to $60
wimnl: folds
Cutler13: folds
phreaux: raises $75 to $135
poo-onastick: raises $75 to $210
phreaux: raises $51.85 to $261.85 and is all-in
poo-onastick: calls $51.85

*** FLOP *** [7c 6h 9d]
*** TURN *** [7c 6h 9d] [7s]
*** RIVER *** [7c 6h 9d 7s] [Th]
*** SHOW DOWN ***
phreaux: shows [Kd Kh] (two pair, Kings and Sevens)
poo-onastick: mucks hand
phreaux collected $529.70 from pot

*** SUMMARY ***
Total pot $532.70 | Rake $3
Board [7c 6h 9d 7s Th]
Seat 1: phreaux showed [Kd Kh] and won ($529.70) with two pair, Kings and Sevens
Seat 2: poo-onastick (button) mucked [Ac Kc]

Seat 3: wimnl (small blind) folded before Flop
Seat 4: Cutler13 (big blind) folded before Flop
Seat 5: markwin11 folded before Flop (didn’t bet)
Seat 6: faded umbra folded before Flop (didn’t bet)
Seat 8: pkuboy folded before Flop (didn’t bet)
Seat 9: D_ReKK13 folded before Flop (didn’t bet)

What would you do?

Posted by Dr Fro | July 7, 2009 9:15 PM
Filed Under Online, Poker

PokerStars Game #30215070694: Tournament #177660347, $50+$5 Hold’em No Limit – Level VII (100/200) – 2009/07/07 22:10:04 ET
Table ‘177660347 1′ 9-max Seat #8 is the button

Seat 5: phreaux (2358 in chips)
Seat 8: rgross75 (7381 in chips)
Seat 9: Jinx270 (3761 in chips)

phreaux: posts the ante 25
rgross75: posts the ante 25
Jinx270: posts the ante 25
Jinx270: posts small blind 100
phreaux: posts big blind 200

*** HOLE CARDS ***
Dealt to phreaux [4c Jc]
rgross75: folds
Jinx270: raises 200 to 400
phreaux: calls 200

*** FLOP *** [Ad Js 4s]
Jinx270: bets 600
phreaux: …

What would you do?

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