Wednesday, May 25, 2011

Don’t Rapture Me, Bro.

Being president is like being a jackass in a hailstorm. There's nothing to do but to stand there and take it. – Lyndon B. Johnson


That’s pretty much how I felt about the prospect of the Rapture occurring over the weekend. If it happened, all one can do is stand there and take it. Being reared as a staunch protestant here in Texas, talk of the end times was common amongst the church folk. That subject frequently dominated the table talk at the popular “dinner on the grounds” we enjoyed on the first Sunday of each month. I would sit there devouring piece after piece of fried chicken (long before the chicken nugget was even imagined) and listen to the various ideas of how it might go down and wondering what I would do. Therefore, I have had a plan for a long time. If I really believed the world was ending, I would fire up my pit and start grilling. No sense leaving the Earth on an empty stomach. I've always liked steaks and doubted there was enough grass in Heaven to keep livestock well fed so my last meal was decided upon long ago. Following through, just in case, I enjoyed some extra thick bone in ribeye steaks before the Saturday home game. If the Rapture really was to occur, I was going out while playing cards and drinking beer. By the fourth hour of the game, it became apparent that if it was still going to occur, it was going to be later than announced. Some wondered aloud if it was just to build up the excitement, sort of how some rock stars like to wait an hour or two after the stated start time for the show to finally appear on stage. Thankfully, the date came and went without a bang.

So, what have I been doing since the untimely demise of online poker as we knew it?

Well, I have been playing a lot more live poker. I have been re-reading some good poker books. I have also been playing online poker on Bodog. Yes, you heard me right, playing online poker. Bodog is still offering online poker for real money to US players. Even though they are still only a fraction of the size of Stars, their traffic has increased lately and most importantly, they are open for business. So, come on over to Bodog and see what’s happening. While you’re there, tell em, Lucypher sent you.

Friday, May 13, 2011

Regarding Black Friday and the Bitter Aftermath

By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest. - Confucius


There have been many times in my life that I have regretted being right; this is certainly another one of those times. I have suggested (on this blog, in comments on other blogs, and on 2+2 ) for a long while that it would be better for online poker to be officially recognized as legal, to be regulated by the government, and (yes) taxed. This would have ensured our collective ability to play online poker indefinitely. Sure, we would have to pay the appropriate taxes on winnings, but we should have been doing that anyway. There were many (often rational) voices out on the web that decried the idea that official legitimacy would be a good thing for online poker and thought that legalization would be worse than the nebulous status we used to enjoy pre-Black Friday. Well friends, what say ye now?

Monday, March 7, 2011

Will High Stakes Poker Survive?

All change is not growth, as all movement is not forward. – Ellen Glasgow


Norm did a lackluster job for his first outing but was better on the second show (with his hands in his pockets instead of motioning awkwardly). I really liked Gabe and thought he was a better fit for the show, but I am trying to keep an open mind about Norm. His humor is more dry and prickly, and he does not seem to share Gabe’s reluctance to be critical of the plays made by some players. Even if he is able to humor us and pull this off moving forward, he will never be able to offer the insight of a true poker insider and veteran of the poker scene for over 30 years (like Kaplan). Good luck, Norm.

Gabe and Mike Sexton are the best poker announcer/commentators out there. They are the best because they are entertaining but even more so because they have the background and experience necessary to provide some real insight and analysis of the game we love so much.

I always liked a good mix of amateurs/recreational players and pros so the first couple of shows aired have not disappointed in that regard. Selbst seems terrible, maybe worse than the recreational players at the cash game. I thought the non-pros played fair but not exceptional, Ruffin being the sole winner so far. Although there have been a few bluffs and Viffer has played a lot of marginal hands, the action has been no more than a shadow of what Dwan and Ivey brought to the game. They are sorely missed.

I liked the deletion of the Negreanu spot – it was awful anyway. The addition of the Legends of the Game – Puggy Pearson, by contrast, was quite enjoyable. Since they mentioned Sailor Roberts, I wonder if he will get a shout out on a future episode.

Overall, I am enjoying the show and was not as disappointed as I thought I would be when I first heard about the changes (but I definitely don’t see them as an improvement). I hope things improve or this show (that I have enjoyed so much) may be nearing its last season.

Friday, February 11, 2011

Prop Bets are Foolish

A fool and his money are lucky enough to get together in the first place. – Stanley Weiser

The poker blogosphere is currently abuzz about the recent prop bet between two young guys that, apparently, have more money than they know what to do with.

I don’t know a lot about them but, it seems from the two blog posts I read, they are young poker players that have enjoyed a fair degree of success - enough that they have $300 – 900K to donk off on an ill considered prop bet. Ill considered for a few reasons.

First, if one is good enough to win/earn $300K+ at the ripe old age of 21 or 22, one might want to stick with that activity and not waste a lot of money on others. Unless one is at least as experienced/good at prop betting as one is at poker, one would be much better off using the $300K to earn more money playing poker than on some whimsical prop bet.

Moreover, it seems clear from his own words that he is far from experienced/good at prop betting and that he definitely had not thoughtfully or carefully considered this bet before making it – after all, the bet is for a significant amount and could create some serious health issues for his friend.

As for wondering if there is something fundamentally unhealthy about the environment successful young poker players (Unsuccessful young poker players don’t have enough money to make the sort of prop bet these guys did) are living in, there certainly is. It is a lack of sufficient respect for the value of the money they have earned/made and also the belief that their earnings are sustainable indefinitely.

To all the young “ballas” with a few hundred thousand burning a hole in your pocket, (seriously) hire a decent for pay financial advisor and invest/save some of your money (10-20%). You won’t miss it now, but you will greatly appreciate it later.

And by the way, just say no to dumb prop bets.

Friday, December 10, 2010

Thinking About the Reid Bill

The genius of our ruling class is that it has kept a majority of the people from ever questioning the inequity of a system where most people drudge along, paying heavy taxes for which they get nothing in return. – Gore Vidal

While there are quite a few opinions out there that are worth reading, the one that comes closest to my own is this one from Foucault. Most of the poker bloggers and players seem to think this is a bad bill/deal, etc. They don’t understand that we will be lucky to get any (even) half way decent bill/deal. We are only possibly going to get this one because of the confluence of several (mostly bad) things –

a) democrats losing in general and republicans taking over

b) Senator Reid surviving but owing his win to the big Nevada gambling interests

c) if not now, God only knows when

d) the government really needs the new revenue source.

Note – we, as poker players, do not even factor into the equation. Our hobby (and we as enthusiasts) is viewed akin to the alcohol industry (and consumers of alcohol). Our consumption is a given. We will consume whatever is available and we are unlikely to stop doing so. Thus, we are taken for granted and not recognized as a meaningful part of the decision making process.

Moreover, I think the current online poker situation is untenable. It would probably continue for a while but at some point in the not too distant future, the whole thing crumbles under the pressure of being unable to efficiently move the money.

Who knows what is actually going to happen, but for now, I think the long term benefits of becoming legitimate appear to outweigh the disadvantages.

Tuesday, December 7, 2010

Turn Out the Lights, the Party’s Over – RIP Joseph Donald “Dandy Don” Meredith

Wit is the sudden marriage of ideas which before their union were not perceived to have any relation. – Mark Twain


Another NFL great has passed. Don Meredith was a former NFL All Pro quarterback and member of the famous Cowboy Ring of Honor that played in the Ice Bowl and helped create the culture of winning that still surrounds the Dallas Cowboys. Then, he did what I really remember him for. Being one of “the voices” of Monday Night Football.

Monday Night Football is now an American institution. It’s hard to imagine the NFL without it. However, that isn’t always the way it was. When the fledgling endeavor began, it was Dandy Don and Howard Cosell (imo) that really helped launch the brand and make it memorable. MNF has never since been able to achieve the level of entertainment and chemistry in the booth that they had then. Dandy Don remembered it was a game after all and the telecast should be entertaining. Boy, were they ever.

I recall a time when the camera crew caught a fan in the Astrodome “giving a single (middle) finger salute” while the Oilers were whipped by the Raiders. Dandy Don quickly quipped, “He thinks they’re number 1 in the nation”. I’ll never forget his comical renditions of the Willie Nelson song, “Turn out the lights, the party’s over” at the end of each Monday night game.

Dandy Don was a homegrown Texas product and no one could mistake him for anything else. He was down to Earth, sincere, witty, charming, and almost always funny. Watching MNF last night, I thought to myself, what a contrast Don and Howard were to today’s rather bland (except Gruden) bunch – they sure don’t make ‘em like they used to.

Monday, November 8, 2010

GG, Joseph Cheong, aka - subiime

The most absurd and reckless aspirations have sometimes led to extraordinary success. – Marquis De Vauvenargues


A 6-bet bluff for $1.4 million - some might call it a blow up, some might call it a meltdown, others may call it “baller” and 5th level thinking, but I call it unfortunate. Cheong appeared to be the best player and he was proving it by outplaying the rest of the table. He was a lock to get heads up with Duhamel and I think he had the skill advantage. It seemed as though the tournament was his to lose. And, lose it he did. Perhaps, it was impatience. Perhaps, it was hubris. Perhaps, it was simply his youth. Recklessness is one of the follies of youth, a momentary but costly lapse of judgment, a fleeting failure to keep the big picture in focus, maybe a consuming but false sense of invincibility. Regardless of what we call it, he cost himself $1,415,876. I think that amount by itself is larger than any of his previous tournament wins and that being the case, it wasn’t a smart play.

He didn’t need to 6-bet bluff there. He could have found a better spot. What did Cheong think Duhamel’s 5-bet range was? Surely not much that was behind A-7 offsuit? Cheong began the hand with the chip lead and approximately 75BBs (Racener approx. 30BBs and Duhamel approx. 70BBs). Why force that type of action until Racener was out? I think this is a spot where his youth did not serve him well. Cheong had already proven to be an extremely talented player and he seemed to know he was more than a match for Duhamel. Why forfeit one’s hard earned advantage so rashly? Despite his amazing talent and razor sharp poker mind, he made a play that was absolutely unnecessary and it proved to be his undoing. On the other hand, congrats to Racener for his patience (it worked well for Hachem, too). I am now rooting or Racener but I have to give it to Duhamel, he has played better than I expected him to.

Fellow old guys pay attention; this may be the Achilles’ heel of these young guns, the sick aggression that seems to give them the advantage may be offset by the recklessness of their youth. Now, how to put that to good use?

Thursday, October 28, 2010

Welcome to the Future

For time and the world do not stand still. Change is the law of life. And those who look only to the past or the present are certain to miss the future. – John F. Kennedy


The common perception of poker used to be a table full of old guys, smoking, cussing, and looking surly. Now, it is a table full of 20-somethings that can probably barely muster a decent beard wearing hoodies, baseball caps, and shades. The torch is being passed. That seems clear - just look at all the young guys winning (in general) and the fact that this is the youngest Main Event final table in history. Does anyone honestly think we are ever going to see Doyle or any of his ilk at a ME final table again? Sadly, I doubt if we will see Action Dan at the ME final table again, either. Unfortunatley, the ME field has gotten too big and the tourney become too long for them to be competitive. At least, the huge fields and television have helped usher in the anti-buffoonery rules of the last few years.

The Grinder is the only “name brand” pro still standing and even he is one of the new young guns to emerge since the boom (but at least we won’t have to hear the suits bemoaning the lack of a big name pro at the table). I am not really familiar with the Grinder’s game but even if he were on Ivey’s level – which I am not prepared to say, he has a tough road ahead.  In any case, I am still not convinced that having a “name brand” pro win the ME would help poker in general. Maybe it would help ESPN and Harrah’s, but the actual poker community? Nothing brings in more prospective players (and dead money) to the ME than the knowledge that the field is full of amateurs (probably a higher amateur to pro ratio than any other big buy in tournament) and the fact that the biggest payday around can be won (and has been won) by amateur players.

I don’t know who will win but I don’t think it will be the Grinder or the 37 year old amateur. I think it will be one of the internet whiz kids that take it all. Hopefully, it will be one with a lot of class and savvy. A guy that could help bring legitimacy and positive attention to young poker players. Joseph Cheong has looked pretty good from what I have seen on ESPN and handled himself with class on a brutal televised suckout. I also like the way Jason Senti has handled himself. If I had to pick someone to win, it would be one of those two. Racener would be OK and has played well, too, but his disheveled look and ostentatious gum chewing isn’t endearing him to the tv audience. Candio or Duhamel would probably be the two I least want to win.

We might as well get used to seeing all these youngsters. They represent what the near future of poker will look like and are a fantastic source of new enthusiasm and thinking for our beloved game.

Friday, October 1, 2010

Poker Blogger Foucault on TV

Tardiness often robs us opportunity. – Niccolo Machiavelli


Sorry for the late report but I just watched my DVR recording of the Tuesday night ESPN WSOP broadcast last night.

Check out Foucault (AKA - Andrew Brokos) on TV at the World Series of Poker!

Too bad they didn’t mention his blog or that he is a blogger.

Congrats, Foucault!

RIP - George Blanda

Gold medals aren't really made of gold. They're made of sweat, determination, and a hard-to-find alloy called guts. – Dan Gable


I only knew him as a Raider, but guts he had and plenty of ‘em. I was too young to watch his exploits with the Oilers or Bears. However, even as an old guy, Blanda was anything but bland. He was a player, a winner, an original AFL’er, a Raider, a Hall of Famer, and more. He had true grit and he wanted to win – which is a hell of a lot more than I can say about many players today.

I’ll never forget watching the Raiders on Monday night with my Grandfather in the early 70s. He reveled in the notion that a tough old guy like Blanda still had what it took to take the field with the pros. He would delight my brother and I with tales of the earlier days and how great Blanda was with the Oilers.

George Blanda was the epitome of the old guard pro football players I recall from my youth. Before there was body armor like players wear today or any serious thought was given to rules that protected quarterbacks, Blanda played quarterback for 26 years.

They sure don’t make ‘em like they used to.