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  <title>Ship It, Fish!</title>
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  <description>Ship It, Fish! - LiveJournal.com</description>
  <lastBuildDate>Sat, 23 May 2009 23:23:11 GMT</lastBuildDate>
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  <lj:journalid>39170</lj:journalid>
  <lj:journaltype>personal</lj:journaltype>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/72843.html</guid>
  <pubDate>Sat, 23 May 2009 23:23:11 GMT</pubDate>
  <title>Star Trek Poker References</title>
  <link>http://shipitfish.livejournal.com/72843.html</link>
  <description>&lt;p&gt;I am glad that someone has bothered to &lt;a href=&quot;http://www.pokernews.com/news/2009/05/poker-pop-culture-star-trek-the-next-generation-6576.htm&quot;&gt;catalog all the ST:TNG episodes that have poker in them&lt;/a&gt;.  When I hosted poker games in high school and college, we used to watch the poker scenes from ST:TNG if there had been any that week, and frequently use quotes from them.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/72843.html</comments>
  <lj:security>public</lj:security>
  <lj:reply-count>2</lj:reply-count>
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<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/72595.html</guid>
  <pubDate>Sat, 25 Apr 2009 17:04:42 GMT</pubDate>
  <title>I&apos;m a Year Behind on News of Mohegan Sun&apos;s Poker Room</title>
  <link>http://shipitfish.livejournal.com/72595.html</link>
  <description>&lt;p&gt;It shows how completely out of the loop I am in the poker world that I
  just read, paging through a September 2008 issue of &lt;cite&gt;Card
  Player&lt;/cite&gt; I still had sitting around my apartment,
  that &lt;a href=&quot;http://www.mohegansun.com/playing/poker.html&quot;&gt;Mohegan
  Sun reopened its poker room&lt;/a&gt;
  back &lt;a href=&quot;http://forumserver.twoplustwo.com/27/brick-mortar/mohegan-sun-poker-room-scheduled-august-29th-166119/&quot;&gt;in
  August 2008&lt;/a&gt;.  Teh Internets tell me
  that &lt;a href=&quot;http://www.forbes.com/2008/04/24/casino-poker-gaming-lead-manage-cx_mk_0424mohegan.html&quot;&gt;it
  was announced a year ago&lt;/a&gt;, and I completely missed it.&lt;/p&gt;

&lt;p&gt;I don&apos;t live in New England anymore, but I would have stopped to see
  what it was like on a recent trip there.  But, when you are out of the
  loop, and you only listen podcasts to keep up with poker, and all those
  podcasts are USA west coast based, it&apos;s not surprising that you&apos;d miss
  the news.&lt;/p&gt;

&lt;p&gt;The Mohegan Sun poker room has a strange oral history.  I started
  playing regularly at Foxwoods just a few weeks after the Mohegan Sun
  poker room closed in the early 2000&apos;s.  In fact, I quickly learned to
  hustle a very profitable prop bet at the $2/$4 Limit HE tables that I
  frequented in those days.  When I sat down at a table, I&apos;d pick someone
  who was clearly not a regular and say privately to him: &lt;q&gt;I bet you $20
  that within thirty minutes, someone at this table will mention Mohegan
  Sun&apos;s poker room.&lt;/q&gt;.  The newbie would usually say, &lt;q&gt;they don&apos;t have
  poker!  Ok, I&apos;ll take the bet&lt;/q&gt;.  I think I made a couple $100 on this
  one.  For at least a year, the closing was the constant topic of
  conversation at most Foxwoods tables.&lt;/p&gt;

&lt;p&gt;Silly rumors always abounded at the Foxwoods tables about why Mohegan
  Sun poker closed.  The most common two were that the poker room manger
  was dealing drugs or running a prostitution ring from the room.  No one
  ever had any evidence of this.  The publicly stated reason, actually,
  was probably the most true one: slot machines are more dollar per square
  foot profit for a casino.&lt;/p&gt;

&lt;p&gt;Of course, this was pre-poker boom.  Thus, casino managers saw poker as
  a whimsy and not particularly valuable as a draw.  I&apos;ve always believed
  the hidden numbers in the fact that most people don&apos;t go to casinos
  alone, and therefore some in the group will play poker and others will
  play slots and table games.  But, you can&apos;t really measure this, so
  poker was out and slots were in.  Mohegan Sun insisted to stick to its
  silly plan as the Foxwoods poker room grew and grew.&lt;/p&gt;

&lt;p&gt;However, the worst impact this had was on Foxwoods poker itself.  I saw
  the Foxwoods poker room that I first visited turn from the really great
  poker room to the mediocrity that comes from monopoly.  With complete
  control of the (legal) New England poker market, Foxwoods was able to
  instantiate player-unfriendly policies and rules and know that they
  still wouldn&apos;t lose the players.&lt;/p&gt;

&lt;p&gt;When NL HE started, these rules reached their annoying peak.  Here&apos;s a
  run-down of various early Foxwoods NL HE small-stakes policies: $5/half
  time charges at $1/$2 NL HE with a $40 minimum and $100 maximum.  You
  could buy in for $40, tip the dealer, and immediately rebuy for the $100
  max, so, if you knew the trick, the max buy was actually $139 with a $1
  surcharge.  (I usually paid the BB with $40, folded if moving in for the
  $38 wasn&apos;t profitable, and took the SB with a $138 stack.)  Even with
  the annoying buying limits, it was against the rules to pay the $5/half
  time charge from your pocket; it had to come from your stack.  People
  who doubled up a few times would call floor on people who tried
  to pay time from the pockets, and floor would
  back them up.&lt;/p&gt;

&lt;p&gt;Eventually, the one great thing about Foxwoods NL HE
  disappeared before I was playing big enough to take advantage: the $5/$5
  $500-min no-cap-buy-in $6/half time charge game, which had typical stack sizes of around $2,000 (i.e., very deep $5/$5).  A regular in the game, who
often sat with $10k and busted people for a living,
  told me in 2002 it was the &lt;q&gt;juiciest NL HE game in
  the world&lt;/q&gt;.  Foxwoods always remained the place for lots of Stud games,
  since the closing of Mohegan Sun took away all other serious Stud action
  at the middle limits on the east coast, but that was about all it had
  left in the &amp;ldquo;worthwhile&amp;rdquo; column after a while.&lt;/p&gt;

&lt;p&gt;Mohegan Sun, for its part, stupidly missed the entire poker boom, and
  opened their room only after the boom&apos;s decline was well underway.
  Poker is now more popular (and likely profitable for casinos) than it
  was in the 1990s, but the heyday has long past.  Nevertheless, I&apos;m glad
  to hear that New England is finally free of the poker monopoly, and I
  look forward to stopping at Mohegan Sun on my next trip through
  Connecticut.&lt;/p&gt;</description>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/72316.html</guid>
  <pubDate>Sat, 14 Mar 2009 18:19:11 GMT</pubDate>
  <title>Where Did I Go?</title>
  <link>http://shipitfish.livejournal.com/72316.html</link>
  <description>&lt;p&gt;I wrote a lot in 2007, my last year playing poker professionally, about
  why I was making that my last year of playing professionally.  Once I
  stopped playing poker for the money, I became much of a consumer rather
  than an active player in the regular poker world.&lt;/p&gt;

&lt;p&gt;Over the last year and a half, I&apos;ve followed the poker podcasts
  carefully.  BTW, I prefer &lt;a href=&quot;http://pokercast.twoplustwo.com/&quot;&gt;the
  2+2 Pokercast, hosted by the Canadian Rounders guys&lt;/a&gt;, but I also find
  most of Joe Sebok&apos;s &lt;a href=&quot;http://www.pokerroad.com/&quot;&gt;Poker Road
  Radio&lt;/a&gt; shows pretty good.&lt;/p&gt;

&lt;p&gt;I always watch the &lt;cite&gt;High Stakes Poker&lt;/cite&gt;  episodes eventually,
  and try to track down every cash-game televised poker, such as the weeks
  &lt;cite&gt;Poker After Dark&lt;/cite&gt; does cash games.  I don&apos;t watch tournament
  coverage much anymore; I never liked tourneys that much and the coverage
  has remained poor &amp;mdash; never actually showing the interesting bits,
  and instead favoring the obvious moments of the tourney.&lt;/p&gt;

&lt;p&gt;As for playing, I have no interest in online play.  The HE games are
  tougher than ever for stakes that one can actually earn at, and the
  competition from the hundreds of amazingly talented young guys is
  daunting.  Meanwhile, sitting there playing at stakes below $1/$2 NL
  doesn&apos;t seem worth worth it when I have other useful things to do (see
  below).  I continue to have an annual trip to Las Vegas (which I enjoyed
  last month, perhaps I&apos;ll make some later posts about that), and I
  usually organize my business travel so I can tack-on a day or two of
  personal travel for live poker, when there&apos;s nearby legalized
  poker.&lt;/p&gt;

&lt;p&gt;Thing is, when I stopped playing poker professionally, the only thing I
  really missed was the additional income I&apos;d come to rely on a bit, given
  my meager non-profit 501(c)(3) salary.  Almost serendipitously, though,
  in early 2008, my dear friend and fellow Free Software developer,
  Lo&amp;iuml;c Dachary, told me he needed some software development help on
  the Free Software poker
  system, &lt;a href=&quot;http://pokersource.info&quot;&gt;PokerSource&lt;/a&gt;, that he&apos;d
  begun working on around 2002.  He and I negotiated a rate that was
  actually higher than even my &lt;em&gt;best&lt;/em&gt; rate that I ever earned
  hourly playing poker, and I went to work on the weekends to hack some
  Python Free Software poker software.&lt;/p&gt;

&lt;p&gt;I didn&apos;t really mention that work here over the last year, partly
  because the first question I expected was &lt;q&gt;where is your Free Software
  poker system deployed?&lt;/q&gt;, and I didn&apos;t have an adequate answer.
  However, a few months ago, the answer became easy: We have a play money
  site now deployed and operating daily
  at &lt;a href=&quot;http://www.skyrock.com/poker/&quot;&gt;SkyRock Poker&lt;/a&gt;.  (SkyRock
  is a French social network and blogging site that also offers games and
  entertainment to its subscribers.)&lt;/p&gt;

&lt;p&gt;One of the cool things about our software is that it&apos;s one of the only
  systems that offers a fully functional pure Javascript client that runs
  completely in the browser with no plugins needed.  It&apos;s very easy to
  skin and configure with branding, as can be seen when you look
  at &lt;a href=&quot;http://pokersource.eu/&quot;&gt;Pokersource.eu&lt;/a&gt;, our demo site
  which runs the same software as SkyRock, but has no branding and
  skinning done to it.&lt;/p&gt;

&lt;p&gt;Writing poker software has, honestly, been substantially more rewarding
  than actually playing.  First of all, it was amazing to discover that I
  had been so influenced by professional poker play that I perceived
  having a &amp;ldquo;real consulting job&amp;rdquo; as a &amp;ldquo;freeroll&amp;rdquo;.
  When I started working on pokersource paid work, I would think: &lt;q&gt;if I
  work for an hour, I&apos;m up my hourly rate immediately!  I can&apos;t lose!&lt;/q&gt;.
  How poker-warped are you when you think doing a regular job is a
  freeroll?  I suppose it helps that I&apos;ve always enjoyed programming just
  as much as I ever enjoyed playing poker.&lt;/p&gt;

&lt;p&gt;Meanwhile, the truth of the matter about playing is that I never got
  good enough to beat games from $5/$10 NL/PL and up and $20/$40 limit and
  up.  I don&apos;t think I&apos;m incapable of that, but I know it would require
  months of work, study, and practice that seems somewhat pointless to me
  now.  As basically a recreational player now, I love the feeling of
  sitting down in a $1/$2 or $2/$5 NL/PL game (or a $5/$10 limit game) and
  simply knowing within minutes of playing that I&apos;m the best player at the
  table and don&apos;t have to work too hard to make a little spare cash while
  having an enjoyable distraction from real life for a few hours.  It&apos;s
  never enough money to make a substantial difference in income, but I
  also never lose without seriously running bad against luck.  And, even
  the variance isn&apos;t that painful since the stakes are low; I can survive
  with the loss for six months until my next session.&lt;/p&gt;

&lt;p&gt;I guess I&apos;ve settled into the routine of being a part-time professional
  poker software author, and a few-times-a-year recreational poker player.
  Meanwhile, I&apos;ll also never forget on of the most valuable life lessons
  that I learned from
  poker.  &lt;a href=&quot;http://shipitfish.livejournal.com/2005/02/01/&quot;&gt;Poker
  turned me into a patient person&lt;/a&gt;, and the value of that will always
  make the past hours at the felt worthwhile.  I&apos;m also quite glad that
  I&apos;ve come to the PokerSource team as &lt;em&gt;the&lt;/em&gt; poker expert who knows
  the poker world and how it works.  My colleagues in the PokerSource
  project are some of my best friends (well, Lo&amp;iuml;c was already one of
  my best friends since long before he started writing poker software, but
  I am in touch with him much more now that I&apos;m working weekly with him on
  projects).  My PokerSource work has become the perfect combination of my
  Free Software world connections and my forays into poker.  Indeed, I
  certainly like being &lt;em&gt;the&lt;/em&gt; primary person who crosses over
  between the Free Software world and the poker world.  That wouldn&apos;t have
  been possible without those uncounted hours throwing chips and cards and
  getting felt under my fingernails.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/72316.html</comments>
  <category>software-freedom</category>
  <category>radio</category>
  <category>pokersource</category>
  <category>tv</category>
  <lj:security>public</lj:security>
  <lj:reply-count>2</lj:reply-count>
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<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/72079.html</guid>
  <pubDate>Sun, 10 Aug 2008 02:26:24 GMT</pubDate>
  <title>Random LJ-ing Poker Pro at Lucky Chances</title>
  <link>http://shipitfish.livejournal.com/72079.html</link>
  <description>&lt;p&gt;I rarely post nor play anymore, as you all know, but I do go on a poker excursion once every few months.  While I haven&apos;t been bothering to post reports or anything from them, I can&apos;t let this one pass since at a 2-3-5 $1k max NL HE table at Lucky Chances, who joins our table but a software-related professional (this is the Bay area after all) and sometimes poker pro.  Not only that, but he is also an LJ-er named &lt;span class=&apos;ljuser&apos; lj:user=&apos;dmorr&apos; style=&apos;white-space: nowrap;&apos;&gt;&lt;a href=&apos;http://dmorr.livejournal.com/profile&apos;&gt;&lt;img src=&apos;http://l-stat.livejournal.com/img/userinfo.gif&apos; alt=&apos;[info]&apos; width=&apos;17&apos; height=&apos;17&apos; style=&apos;vertical-align: bottom; border: 0; padding-right: 1px;&apos; /&gt;&lt;/a&gt;&lt;a href=&apos;http://dmorr.livejournal.com/&apos;&gt;&lt;b&gt;dmorr&lt;/b&gt;&lt;/a&gt;&lt;/span&gt; and he &lt;a href=&quot;http://dmorr.livejournal.com/138825.html&quot;&gt;posted about a hand that we played&lt;/a&gt;.  I &lt;a href=&quot;http://dmorr.livejournal.com/138825.html?thread=513353#t513353&quot;&gt;have commented&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;I should also note he LJ-outed me with my real name and employment affiliation, but I guess I should stop worrying about this now that I&apos;ve talked about my part-time professional poker period on Free Software related podcasts and because my Wikipedia entry at one time linked to this journal.  Only a moron couldn&apos;t figure out my real name if they gave it ten minutes of net.work.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/72079.html</comments>
  <category>hand analysis</category>
  <category>prop bets</category>
  <category>lucky chances</category>
  <lj:security>public</lj:security>
  <lj:reply-count>1</lj:reply-count>
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<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/71796.html</guid>
  <pubDate>Tue, 06 May 2008 22:34:08 GMT</pubDate>
  <title>If You Want Danger, You KNow Where to Find It</title>
  <link>http://shipitfish.livejournal.com/71796.html</link>
  <description>An email I received on Monday afternoon:

&lt;blockquote&gt;
&lt;b&gt;To:&lt;/b&gt; undisclosed-recipients:;&lt;br&gt;
&lt;b&gt;Subject:&lt;/b&gt; Poker Player Paradise&lt;br /&gt;
&lt;b&gt;From:&lt;/b&gt; &quot;Name Redacted&quot; &amp;lt;redacted@example.com&amp;gt;&lt;br /&gt;
&lt;b&gt;Date:&lt;/b&gt; Mon, 5 May 2008 13:04:52 -0400&lt;br /&gt;
&lt;p&gt;

This is Name Redacted from the old Q. Club in New York City. I have a nice game
twice a week in [A NYC Borough].  The stakes rang from 1-2 no limit to 5-5
no limit &amp;amp; we also have pot limit Omaha. I keep this game sort of
private and only twice a week to minimize any problems with authority. Our
next game will be this Tuesday and our security is top notch. If this game
interests you please reply back with a cell phone # and I will personally
text you all the info. Not to mention there are a lot of fishes in this
sea of players and there&apos;s plenty of money to be made.
&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;Now, the Q. Club was the place that was robbed multiple times and where
&lt;a href=&quot;http://shipitfish.livejournal.com/70433.html&quot;&gt;a poker player was
shot to death in early November 2007&lt;/a&gt;.  Name Redacted, was, I think, present at the
shooting.  Someone must be either stupid or pretty pathetic (or both) to
continue in the club business after that sort of experience.&lt;/p&gt;

&lt;p&gt;I&apos;m amazed that I ever played in these places.  It was a matter of time
before danger found them, because too much money changes hands &amp;mdash;
even in a 1/2 game, let alone 5/5 &amp;mdash; for criminals to ignore them.
I&apos;m sure that the only possibly &amp;ldquo;safe&amp;rdquo; illegal cash games to
play in here in NYC are at least a $10,000 buy-in, where real security costs can be raked away without players noticing.&lt;/p&gt;

&lt;p&gt;I&apos;m glad I realized that I was making a mistake playing in these
places.  It&apos;s tough to imagine any of these games where the hourly rate is
worth the personal danger.&lt;/p&gt;

&lt;p&gt;This is just one of many such emails.  W.D. or I get an email once
every few weeks about new clubs opening, declaring them a &amp;ldquo;safe
environment&amp;rdquo;.  If they are so safe, why do the same people keep
closing old clubs and opening new ones?&lt;/p&gt;

&lt;p&gt;I have frequent flier miles.  If I&apos;m in the mood to play poker, I&apos;ll
fly to Las Vegas.  For now, I&apos;m pretty sure I&apos;ve wasted enough of my life
check-raising tourists and taking huge pots off them.&lt;/p&gt;</description>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/71424.html</guid>
  <pubDate>Sat, 03 May 2008 17:45:17 GMT</pubDate>
  <title>epassporte Gone, Experiment Done</title>
  <link>http://shipitfish.livejournal.com/71424.html</link>
  <description>&lt;p&gt;I never got around to posting, but I did my &amp;ldquo;something from
  nothing&amp;rdquo; experiment for the first part of this year.  I got $1,200
  on Cake by using Cake Points (Gold Chips), Gold Card bonuses, and the
  pennies left in my account.  I had moved up to $0.25/$0.50 NL HE and was
  seeing how far I could get.  Then epassporte closed up shop.  Cake is
  now using some sketchy cashout mechanism (they ask participants not to
  identify which payment processor they are using publicly for fear they
  will get shut down.  Funny!).  So, I decided today to try to take the
  $1,200 and give up.  I have 20 GC&apos;s left; maybe I&apos;ll see if I can turn
  that into something.&lt;/p&gt;

&lt;p&gt;I also have a ton of UB points too.  I did use those to win my wife an
  Ipod and also entered a few tourneys.  I worked it up to about $30 but
  proceeded to go broke by playing to high.  I think I have $6.50 left
  there, plus about 25,000 UB points..&lt;/p&gt;

&lt;p&gt;I didn&apos;t do my annual tax post for my 2007 results on April 15th.  I&apos;ll
  have to post it later.  I did have a huge tax bill because of all the
  Cake money I made early on in 2007.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/71424.html</comments>
  <lj:security>public</lj:security>
  <lj:reply-count>2</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/71262.html</guid>
  <pubDate>Tue, 01 Jan 2008 19:27:28 GMT</pubDate>
  <title>Something For Nothing?</title>
  <link>http://shipitfish.livejournal.com/71262.html</link>
  <description>&lt;p&gt;The UIGEA turned out to be challenged from a number of directions.  The
  story has been well covered elsewhere, and I don&apos;t know enough to do it
  justice, but my understanding is that banks are simply saying that they
  can&apos;t implement the complicated rules and are appealing to regulatory
  agencies.  Like most court/legislative maneuvers, this will take some
  time to sort out.&lt;/p&gt;

&lt;p&gt;Meanwhile, online poker remains as grey as ever.  Money goes in and out
  to the sites still operating, and some payout systems still work
  (although fees have reached new heights).&lt;/p&gt;

&lt;p&gt;I&apos;ve been just too busy doing actually useful work to spend time
  playing much poker, but as a change of pace I often play on weekend
  mornings until it becomes boring.  I decided, though, that I wouldn&apos;t
  deposit.  Instead, I&apos;d take from Chris Ferguson&apos;s challenge and try to
  literally get something for nothing.&lt;/p&gt;

&lt;p&gt;Having played so much online, I have a number of player points on
  various sites.  So, during the latter half of last year, I decided to
  see if I could build an online poker bankroll and/or win some prizes
  without ever redepositing even $1.&lt;/p&gt;

&lt;p&gt;I started on a &lt;a href=&quot;http://www.incomeaccess.com/processing/clickthrgh.asp?btag=a_7270b_1963&quot;&gt;UltimateBet&lt;/a&gt;, because their
player points are most valuable.  Well, they are most valuable because you
can actually play &amp;ldquo;cash games&amp;rdquo; for points, with a 2500 point
buy-in and 10/25 point blinds.  Since deep-stacked NL HE cash games
against weak opponents are the best spots I&apos;ve ever found for myself in
poker, these games were ready-made to get me lots of points.&lt;/p&gt;

&lt;p&gt;My first big win was to win my wife&apos;s holiday gift: an Ipod bought with
  points on UltimateBet.  This had the added bonus of fighting off
  the &lt;q&gt;don&apos;t spend money on a music player for me; the one I have
  basically works&lt;/q&gt; attitude my wife was taking.  This way, I could
  invest only my time and get her a gift that she actually really wanted
  but couldn&apos;t justify the overpriced cost of Apple&apos;s (IMO, crappy)
  hardware.&lt;/p&gt;

&lt;p&gt;Now, in the end, I roughly calculated that I got paid somewhere around
  $3/hour for the time it took me to play to win the Ipod.  However, most
  of that time I could be doing something else like watching TV or talking
  with my wife.  Those point games are extremely low pressure and easy to
  pick up chips without any hard decisions or good reads.
  (&amp;ldquo;Standard bad player&amp;rdquo; reading ability is all it takes to
  get the points.)&lt;/p&gt;

&lt;p&gt;In next week&apos;s post, I&apos;ll talk about my next moves for building a fresh
  online bankroll using only the almost-cash-valued remnants of my former
  online pro status.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/71262.html</comments>
  <category>online</category>
  <category>uigea</category>
  <lj:security>public</lj:security>
  <lj:reply-count>1</lj:reply-count>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/71092.html</guid>
  <pubDate>Tue, 27 Nov 2007 15:04:29 GMT</pubDate>
  <title>A Tourney Hand - I think I shouldn&apos;t have busted</title>
  <link>http://shipitfish.livejournal.com/71092.html</link>
  <description>&lt;img src=&quot;http://www.ebb.org/lj-count.jpg&quot; height=&quot;1&quot; width=&quot;1&quot; alt=&quot;&quot; /&gt;

&lt;p&gt;During the weeks leading up to the WSoP this year, I played lots of
      satellites with points and various other small amounts.  This is a
      tourney hand from an online WSoP main event $600+35 satellite (which I&apos;d super&apos;ed into).
      Starting chips were 2,500 and starting blinds were 10/20.  We were
      on the first blind level, at a 9-handed table.  I had 2,800 in chips
      and was two from the button.&lt;/p&gt;

&lt;p&gt;Action is folded to the person on my right, who made it 60.  I called
    with 5&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/0001173k&quot; width=&quot;11&quot; height=&quot;15&quot; alt=&quot;d&quot; title=&quot;of diamonds&quot; /&gt; 5&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/000124gt&quot; width=&quot;14&quot; height=&quot;15&quot; alt=&quot;h&quot; title=&quot;of hearts&quot; /&gt;.  The big blind (with 2,959
    chips) defended and we saw the flop of 5&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00010ycq&quot; width=&quot;16&quot; height=&quot;15&quot; alt=&quot;c&quot; title=&quot;of clubs&quot; /&gt; 2&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/000124gt&quot; width=&quot;14&quot; height=&quot;15&quot; alt=&quot;h&quot; title=&quot;of hearts&quot; /&gt; 6&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00013kb1&quot; width=&quot;12&quot; height=&quot;15&quot; alt=&quot;s&quot; title=&quot;of spades&quot; /&gt; three-handed with 190 in the
    pot.&lt;/p&gt;

&lt;p&gt;It was checked to me, and I led for 100 chips.  The big blind called
    and the preflop raiser folded.  The pot stood at 390 chips.  I knew
    nothing about the players, but I put the big blind on an overpair
    (probably around 77 or 88 that he was misplaying), 34, 66, 22, 78, 45,
    47, or maybe overcards.  The turn was the Q&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00013kb1&quot; width=&quot;12&quot; height=&quot;15&quot; alt=&quot;s&quot; title=&quot;of spades&quot; /&gt; and he led for 200 chips.  I
    somewhat felt perhaps he did have something like AQ that he
    check-called with and added this to his range.  I also though maybe at
    this point he had a gutshot or overcards on the flop and picked up a
    flush draw.  The annoying part about his lead is that it actually
    increased my range for him (even if it did make it unlikely he held an
    overpair on the flop).&lt;/p&gt;

&lt;p&gt;I made it 600 chips to go and he called quickly.  We saw the river of
    J&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00010ycq&quot; width=&quot;16&quot; height=&quot;15&quot; alt=&quot;c&quot; title=&quot;of clubs&quot; /&gt; with 1,590 chips in the pot.  He
    had only 1,699 chips remaining.  I really felt he had a set of 2&apos;s at
    this point, but obviously 34 and a set of sixes were real
    possibilities.  I consider that maybe some sort of Q was a
    possibility, as he may have been making some sort of delayed steal on
    the flop.  I decided there were a number of hands he could pay off
    legitimately.  I figured he&apos;d call with everything in his range except
    busted-straights/turned-flush-draws.  I led 800.&lt;/p&gt;

&lt;p&gt;He check-raised all in.  At that point, I narrowed his range to 34, 66,
    22, and very rarely QJ.  I called his last 899 with 1-to-3.54 odds,
    hoping for 22, and saw 3&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00013kb1&quot; width=&quot;12&quot; height=&quot;15&quot; alt=&quot;s&quot; title=&quot;of spades&quot; /&gt; 4&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00013kb1&quot; width=&quot;12&quot; height=&quot;15&quot; alt=&quot;s&quot; title=&quot;of spades&quot; /&gt;.&lt;/p&gt;

&lt;p&gt;After calling the river, I felt strongly I shouldn&apos;t have tried that
    river value bet.  I think I would have been more likely to check in a
    cash game, but in a tourney (at the time) I felt I had to collect the
    chips.  Once I&apos;ve value-bet, I clearly can&apos;t fold to the check-raise
    because I can&apos;t completely eliminate 22.  Plus, if he had QJ even a
    little bit of the time I think the odds are clearly right.&lt;/p&gt;

&lt;p&gt;Thoughts?&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/71092.html</comments>
  <category>wsop</category>
  <category>hand analysis</category>
  <category>online</category>
  <category>tournaments</category>
  <lj:security>public</lj:security>
  <lj:reply-count>13</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/70726.html</guid>
  <pubDate>Mon, 12 Nov 2007 19:39:01 GMT</pubDate>
  <title>Longer Piece on Shooting in the New York Times</title>
  <link>http://shipitfish.livejournal.com/70726.html</link>
  <description>&lt;p&gt;Those of you in NYC probably already saw this, but for the sake of
those of you elsewhere, I thought I&apos;d link to this &lt;a href=&quot;http://www.nytimes.com/2007/11/11/nyregion/11poker.html&quot;&gt;article in
the &lt;cite&gt;New York Times&lt;/cite&gt; regarding the shooting at a poker club
here&lt;/a&gt; that &lt;a href=&quot;http://shipitfish.livejournal.com/70433.html&quot;&gt;I
recently wrote about&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;I find a few quotes amusing:

&lt;blockquote&gt;
&amp;ldquo;A week ago, there were two or three rooms operating in Manhattan,
but now there are zero,&amp;rdquo; said Steven McLoughlin, a poker aficionado
who moderates a poker discussion at twoplustwo.com and closely follows the
Manhattan club scene. &amp;rdquo;You don&apos;t know what can happen.&amp;ldquo;
&lt;/blockquote&gt;
&lt;/p&gt;

&lt;p&gt;I have no interest in finding the clubs anymore, but this blatantly
can&apos;t be true.  I&apos;ve gotten SMS and emails from a number of clubs
announcing their &amp;ldquo;new security measures&amp;rdquo; and offering
freerolls.  I am sure attendance is way down, but they are still making a
go.&lt;/p&gt;

&lt;p&gt;And then there&apos;s this one:&lt;/p&gt;

&lt;blockquote&gt;
&amp;ldquo;But the overwhelming majority are not compulsive gamblers,&amp;rdquo; he
[the broadcast producer who has frequented clubs for five years] said.
&amp;ldquo;They do this as a way of blowing off steam, and that is healthier than
sitting in front of the TV.&amp;rdquo;
&lt;/blockquote&gt;

&lt;p&gt;First, sitting on your ass at a poker table is probably slightly less
healthy than sitting on the couch watching TV.  After all, at home, most
of us don&apos;t have a waitress bringing us junk food and sodas; we actually
have to make the walk to the kitchen for that.  Second, most people I&apos;ve
met in the NYC poker scene &lt;em&gt;do&lt;/em&gt; have some sort of gambling problem,
even if it is a minor one.&lt;/p&gt;


&lt;p&gt;Finally:&lt;/p&gt;

&lt;blockquote&gt;
The people interviewed for this article would not say who sponsors and
operates the Manhattan clubs, but insisted that there was no hint of
involvement by organized crime.
&lt;/blockquote&gt;

&lt;p&gt;Obviously, people did not pay much attention.  What about the partially
confirmed rumors of how the former part-owner of the O. Club had gambling
debts with the mob and was funneling money to pay them back?  How about
the older folks at the E. Club who would just sit and watch?  And the
stories of how the T. Club had paid for protection to keep them safe?&lt;/p&gt;

&lt;p&gt;I agree the connections were tangential and the bigger $10k buy-in
games were probably much more connected, but there is somewhat no denying
it.&lt;/p&gt;

&lt;p&gt;BTW, I&apos;ve been playing online some, which if probably a story worth
posting and might do so soon.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/70726.html</comments>
  <category>legality</category>
  <category>nyc clubs</category>
  <category>media</category>
  <lj:security>public</lj:security>
  <lj:reply-count>3</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/70433.html</guid>
  <pubDate>Sat, 03 Nov 2007 15:59:08 GMT</pubDate>
  <title>NYC Poker is Dead, and So Is One of Our Players.</title>
  <link>http://shipitfish.livejournal.com/70433.html</link>
  <description>&lt;img src=&quot;http://www.ebb.org/lj-count.jpg&quot; height=&quot;1&quot; width=&quot;1/&quot;&gt;
&lt;p&gt;I have been talking 
 &lt;a href=&quot;http://shipitfish.livejournal.com/14853.html&quot;&gt;about&lt;/a&gt; &lt;a href=&quot;http://shipitfish.livejournal.com/35777.html&quot;&gt;safety&lt;/a&gt;
 &lt;a href=&quot;http://shipitfish.livejournal.com/33600.html&quot;&gt;issues&lt;/a&gt;, &lt;a href=&quot;http://shipitfish.livejournal.com/31300.html&quot;&gt;busts&lt;/a&gt;
 and &lt;a href=&quot;http://shipitfish.livejournal.com/68956.html&quot;&gt;robberies&lt;/a&gt;
 for quite a while.
 I &lt;a href=&quot;http://shipitfish.livejournal.com/52822.html&quot;&gt;decided to quit
 playing at NYC clubs over a year ago due primarily to safety issues&lt;/a&gt;.
 It seems my read was right.&lt;/p&gt;

&lt;p&gt;I&apos;ve always felt that robberies were more dangerous than busts.  I&apos;ve
  also mentioned to many that fear of a young guy making a mistake or
  getting nervous with a gun would be the biggest threat.&lt;/p&gt;

&lt;p&gt;Seems I was right about that too, after last night.  There have been
  a &lt;a href=&quot;http://www.1010wins.com/Cops:-Card-Player-Killed-in-Midtown-Poker-Robbery/1170062&quot;&gt;number&lt;/a&gt;
  &lt;a href=&quot;http://gothamist.com/2007/11/03/poker_stickup_l.php&quot;&gt;of
  stories&lt;/a&gt;, of
  which &lt;a href=&quot;http://www.wnbc.com/news/14503336/detail.html&quot;&gt;this seems
  the most accurate and detailed&lt;/a&gt;,
  and &lt;a href=&quot;http://www.newsday.com/news/local/wire/newyork/ny-bc-ny--midtownshooting1103nov03,0,2552698.story&quot;&gt;this
  one is not bad&lt;/a&gt;.  (&lt;strong&gt;Update&lt;/strong&gt;: &lt;a href=&quot;http://www.nydailynews.com/news/crime_file/2007/11/03/2007-11-03_1_dead_after_robbery_at_posh_poker_club.html&quot;&gt;This story is much better than the others&lt;/a&gt;.)  There is also a
&lt;a href=&quot;http://forumserver.twoplustwo.com/showflat.php?Cat=0&amp;amp;Number=12787627&amp;amp;page=0&amp;amp;fpart=1&amp;amp;vc=1&quot;&gt;long
  2+2 thread now, that started just an hour and half after the
  incident&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;For those who don&apos;t want to chase links: another robbery at a club on
  28th street and 5th Avenue has occurred and resulted in our first NYC
  poker death, due to an apparently accidentally fired gun of a
  robber.&lt;/p&gt;

&lt;p&gt; There is no game juicy enough to risk your life, even if it&apos;s a thousand
  to one shot that you&apos;ll get killed.  I&apos;ve played enough poker to find
  that thousand to ones come in every once in a while and you just have to
  avoid the situation when you are gambling with your life.&lt;/p&gt;

&lt;p&gt;I hope this will help the effort to get &lt;a href=&quot;http://pokerforums.fulltiltpoker.com/online-poker-play40055.html&quot;&gt;legal poker at the Aqueduct race
  track&lt;/a&gt;.  For the meantime, I&apos;m glad I left the NYC poker scene when I
  did.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Update&lt;/strong&gt;: Newer stories are saying this club was run by
the Straddle Club team.  Like almost everyone who has run a club in this
city, they&apos;ve always were pretty bad at their business; it&apos;s in some ways
no surprise it was their club &amp;mdash; again.  But, frankly, any place that runs a game with less than a $10k buy-in probably simply isn&apos;t safe, no matter what.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Another Update:&lt;/strong&gt; &lt;a href=&quot;http://www.nytimes.com/2007/11/04/nyregion/04poker.html?_r=1&amp;amp;ref=nyregion&amp;amp;oref=slogin&quot;&gt;There is a &lt;cite&gt;New York Times&lt;/cite&gt; story now&lt;/a&gt;.</description>
  <comments>http://shipitfish.livejournal.com/70433.html</comments>
  <category>legality</category>
  <category>nyc clubs</category>
  <category>media</category>
  <lj:security>public</lj:security>
  <lj:reply-count>1</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/70229.html</guid>
  <pubDate>Wed, 24 Oct 2007 00:52:32 GMT</pubDate>
  <title>Absolute Poker&apos;s Mistake Is Primarily Poor Protocol Design</title>
  <link>http://shipitfish.livejournal.com/70229.html</link>
  <description>&lt;p&gt;I thought I&apos;d mention briefly the story that has had the online poker
  world going since the first 2+2 posts last month showed one player&apos;s
  100% river aggression factor.  The story ends with Absolute Poker&apos;s
  executives using &amp;ldquo;root&amp;rdquo; accounts to swindle online players
  by knowing their exact card holdings in high stakes cash games and high
  buy-in tournaments.&lt;/p&gt;

&lt;p&gt;I won&apos;t go through the details of the story; I&apos;ve been following it
  from a distance (since my poker time is limited these days), so I would
  probably get a few details wrong.  Since I have more time to listen
  things while commuting than reading stuff online, I got the best summary
  of this situation from &lt;a href=&quot;http://www.bigpoker.ca/resources/rounders/Rounders_The-Poker-Show_2007-10-21.mp3&quot;&gt;this
  week&apos;s episode of the &lt;cite&gt;Rounders&lt;/cite&gt; podcast&lt;/a&gt;.  Also, &lt;a href=&quot;http://extempore.livejournal.com/198145.html&quot;&gt;two&lt;/a&gt; &lt;a href=&quot;http://extempore.livejournal.com/198485.html&quot;&gt;posts&lt;/a&gt; that &lt;span class=&apos;ljuser&apos; lj:user=&apos;extempore&apos; style=&apos;white-space: nowrap;&apos;&gt;&lt;a href=&apos;http://extempore.livejournal.com/profile&apos;&gt;&lt;img src=&apos;http://l-stat.livejournal.com/img/userinfo.gif&apos; alt=&apos;[info]&apos; width=&apos;17&apos; height=&apos;17&apos; style=&apos;vertical-align: bottom; border: 0; padding-right: 1px;&apos; /&gt;&lt;/a&gt;&lt;a href=&apos;http://extempore.livejournal.com/&apos;&gt;&lt;b&gt;extempore&lt;/b&gt;&lt;/a&gt;&lt;/span&gt; (aka Paul Phillips) made give some good details.
  (I am not a true NYC&apos;er, BTW, because I can&apos;t read easily on the subway
  and listen to podcasts instead.)&lt;/p&gt;

&lt;p&gt;&lt;a href=&quot;http://shipitfish.livejournal.com/35859.html&quot;&gt;I had suggested
    before that perception of badly written software and not true
    &amp;ldquo;rigging&amp;rdquo; would ultimately be a serious problem for online
    poker&lt;/a&gt;.  I think I&apos;m going to declare myself as somewhere between
    30%-50% right about that.&lt;/p&gt;

&lt;p&gt;Some might say this situation shows that Absolute was
  &amp;ldquo;rigged&amp;rdquo;, since it was an inside job.  Executives at the
  company held the root account, and used it to view everyone&apos;s cards and
  gain huge edges against their customers.  But, putting on my hat as
  information technology expert for a moment, I argue that this is a
  software problem as much as anything else.&lt;/p&gt;

&lt;p&gt;The software should never had this feature.  There is no good reason
  that standard client software, used from an off-site location, should
  have had the ability to receive hidden card information before the cards
  were exposed in the hand.  Indeed, &lt;strong&gt;the network protocol itself
  should never even send hidden card information until the completion of
  the hand&lt;/strong&gt; (if at all).&lt;/p&gt;

&lt;p&gt;The idea that the network protocol sent opponents&apos; hole card
   information over the wire before shows simply bad system design and
   programming.  There is no reason to do this, and a hundred reasons not
   to.  Had the software not been designed this way, the only cheating
   temptation our friendly Absolute executive would have involved modifying
   the server software himself to send him card information in real time
   somehow.  Maybe the guy was a smart software developer or system
   administrator and could have pulled off the job himself, but I doubt
   it.&lt;/p&gt;

&lt;p&gt;Finally, to bring my personal politics into this, this is why
  I &lt;strong&gt;firmly believe&lt;/strong&gt; that all poker server software should
  be Open Source and Free Software (FOSS).  There is no competitive
  advantage for these poker sites to gain from having server software that
  differs; their branding, interface, and other edges happen on the client
  side.  (I happen to think client software should be FOSS too, but that&apos;s
  a harder argument.)  The argument for FOSS server technology for all
  online poker is clear and simple.  Players should be allowed to examine
  the code to be sure only their authenticated accounts can receive their
  hidden cards.&lt;/p&gt;

&lt;p&gt;Of course, only the site administrators should be allow to change the
  versions of this FOSS running on their own servers, but they should
  publish that source for public inspection.  That&apos;s the only way online
  poker can actually be safe from these sorts of challenges.&lt;/p&gt;

&lt;p&gt;BTW, full disclosure: A good friend of mine is the premiere developer
  in the world of FOSS poker
  technology.  &lt;a href=&quot;http://pokersource.org/&quot;&gt;His site has some useful
  and interesting stuff&lt;/a&gt;.  I must admit, I am jealous sometimes that
  his day job is writing FOSS poker software, but I still hope his
  software gains more adoption in reaction to these events.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/70229.html</comments>
  <category>software-freedom</category>
  <category>online</category>
  <lj:security>public</lj:security>
  <lj:reply-count>3</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/69819.html</guid>
  <pubDate>Fri, 24 Aug 2007 15:10:28 GMT</pubDate>
  <title>A Few Random Thoughts on My Poker Status</title>
  <link>http://shipitfish.livejournal.com/69819.html</link>
  <description>&lt;p&gt;&lt;a href=&quot;http://shipitfish.livejournal.com/69246.html?thread=300926#t300926&quot;&gt;An
  old poker friend from Boston noted in my journal&lt;/a&gt; how he and a few
  others got online during the PPV main event WSoP 2006 and watched it
  &amp;mdash; commenting on hands and plays &amp;mdash; until the sun came up
  while I tried
  to &lt;a href=&quot;http://shipitfish.livejournal.com/47358.html&quot;&gt;&amp;ldquo;live
  blog&amp;rdquo; it&lt;/a&gt;.  It seems sometimes like the whole poker world has
  changed around me in the last year, and then I realize that it probably
  hasn&apos;t &amp;mdash; mostly, &lt;em&gt;I&apos;ve&lt;/em&gt; changed and it makes the minor
  changes in the poker world seem more pronounced.&lt;/p&gt;

&lt;p&gt;The slow decline of online poker (UIGEA impacting some and not others)
  still seems to cause some attrition, but I hear that NYC clubs keep
  reopening after busts and (even worse) robberies, and there is some good
  action around.  I&apos;ve lost the stomach for it after hearing a local from
  my home game recount his tale of hiding under the table with his hands
  up, emptying his pockets for a guy with a gun.  I can live without that
  being a risk in my life.&lt;/p&gt;

&lt;p&gt;I still want to run the home game, but I&apos;ve been so engaged in my job
  that I can&apos;t easily commit the entire weekend day (the morning to set up
  and clean a bit, the rest of the day to play) at the moment.  I&apos;m hoping
  for September but October seems the more likely now.&lt;/p&gt;

&lt;p&gt;At times, I miss poker.  I miss the completely engrossing distraction,
  especially when I have challenges at work that require careful thought
  and concentration that I sometimes want a break from.  I don&apos;t miss the
  beats, the struggling, the constant push of every edge and never being
  able to give up.&lt;/p&gt;

&lt;p&gt;I made two brief casino trips this summer; my hope is I&apos;ll put time
  aside soon to do reviews of the places and post them here an on
  twoplustwo.&lt;/p&gt;

&lt;p&gt;Televised poker is somewhat horrible now.  I look forward to the return
  of &lt;cite&gt;High Stakes Poker&lt;/cite&gt;, as the tournament clip shows are just
  too boring for anything but background noise while I work.&lt;/p&gt;

&lt;p&gt;Oh, and back to where I started this post: I really enjoyed the final
  table this year.  Watching Yang do his thing (and the downright goofy
  out-loud prayers at all-in moments) was a lot of fun.  He&apos;s obviously
  inexperienced, but he has pretty reasonable poker instincts and he&apos;s
  clearly a kind and caring person (unlike the (frankly) downright slimy
  Mr. Gold).  W.D. came over for about half the PPV airing and we had a
  good time.&lt;/p&gt;

&lt;p&gt;Poker, in the end, if a fun hobby when I&apos;m giving it only passing
  attention, but I don&apos;t want to &amp;ldquo;live&amp;rdquo; it.  I&apos;m pretty sure
  I can find better things to do.&lt;/p&gt;


&lt;p&gt;[BTW,
  an &lt;a href=&quot;http://shipitfish.livejournal.com/49854.html#t303038&quot;&gt;odd
    thread sparked by an out-of-the-blue anonymous commentor on a year old
  post has started&lt;/a&gt;.  Amazing how google-reachable old journal entries can
  bring out the crazies from time to time.]&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/69819.html</comments>
  <category>misc</category>
  <category>tv</category>
  <lj:security>public</lj:security>
  <lj:reply-count>5</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/69377.html</guid>
  <pubDate>Fri, 27 Jul 2007 02:03:17 GMT</pubDate>
  <title>It Has Happened!</title>
  <link>http://shipitfish.livejournal.com/69377.html</link>
  <description>&lt;p&gt;I&apos;ve been busy with my other life, and while I did the WSoP PPV final
table, I haven&apos;t done much other poker stuff lately.&lt;/p&gt;

&lt;p&gt;However, I now know the UIGEA is now in full effect; I got this email from my banker today:&lt;/p&gt;

&lt;blockquote&gt;

&lt;p&gt;A check you gave on 06/01/07 for $ 80 by safe pay int on germany has
been returned unpaid with reason &amp;ldquo;breach of regulation&amp;rdquo;.&lt;/p&gt;

&lt;p&gt;I am mailing you the returned check today.&lt;/p&gt;

&lt;/blockquote&gt;

&lt;p&gt;Online poker, in the USA, is now dead.  Fortunately I got out all but
this $80 (well, and another $80 that&apos;s supposedly on its way).  Only $160
lost to Frist.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/69377.html</comments>
  <category>uigea</category>
  <category>legality</category>
  <lj:security>public</lj:security>
  <lj:reply-count>6</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/69246.html</guid>
  <pubDate>Thu, 21 Jun 2007 16:22:02 GMT</pubDate>
  <title>No Pro Reason 3: Contribution Obligation</title>
  <link>http://shipitfish.livejournal.com/69246.html</link>
  <description>&lt;img src=&quot;http://www.ebb.org/lj-count.jpg&quot; height=&quot;1&quot; width=&quot;1&quot; alt=&quot;&quot; /&gt;

&lt;p&gt;This is my fourth and final post in my series about why I&apos;ve reduced my
      poker time to only two or three hours a week, and why I likely won&apos;t
      be pursuing it even as a part-time pro in 2008.&lt;/p&gt;

&lt;p&gt;Some people have a view that the point of life is simply to &amp;ldquo;have
      fun&amp;rdquo; or the &amp;ldquo;pursuit of happiness&amp;rdquo;.  I have a
      number of friends &amp;mdash; most notably W.D.  &amp;mdash; who
      hold this theory of life quite strongly.&lt;/p&gt;

&lt;p&gt;Despite many debates with them, I simply don&apos;t believe this.  I believe
      that human beings have an inherent obligation to make a life-long
      contribution to society.  Perhaps I read too much Kant in college,
      but the fact remains that my fundamental philosophical life focus
      goes back almost completely to a single line in the &lt;cite&gt;Groundwork
      of the Metaphysics of Morals&lt;/cite&gt; I read on the bed of my dorm
      room my sophomore year: &lt;q&gt;take every action, as if, by acting, that
      action were willed into universal law&lt;/q&gt;.&lt;/p&gt;

&lt;p&gt;I realize that many modern philosophers reject Kant as overly
      simplistic and meaninglessly formalized.  I know that some of Kant&apos;s
      work is sophistry to justify Catholic dogma that I&apos;ve personally
      rejected.  However, I ultimately remain compelled by this
      concept.&lt;/p&gt;

&lt;p&gt;Frankly, I can only justify time spent doing something as frivolous as
      poker to the extent to which it clears my head from my day job which
      is focused on improving the world.  When I talked about &lt;a href=&quot;http://shipitfish.livejournal.com/68205.html&quot;&gt;poker not being
      about the money&lt;/a&gt;, I discussed how I got deep into poker as an
      escape during a burn-out period in my life&apos;s mission.  That burn-out
      is over, so I must again focus on it.&lt;/p&gt;

&lt;p&gt;I do second-guess this philosophy at times.  Once, a player that I met
      in Boston &amp;mdash; a predatory businessman type &amp;mdash; told me that
      he needed to play poker because it fed his preternatural instincts
      to be the alpha male and destroy his competition.  I rejected his
      concept at the time, because he was generally opposed to causes to
      help others.  Such motivations were deeply focused on his own
      success in a &lt;a href=&quot;http://en.wikipedia.org/wiki/Ayn_Rand&quot;&gt;disgustingly Randian
      sort-of way&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;However, years later, a dear friend of mine, who lives and works every
      day in the same world-saving movement where I do (and has been in it
      for even longer), told me something similar, saying: &lt;q&gt;you and I
      need to play poker to feed our baser instincts since we spend our
      days focused on helping other people&lt;/q&gt;.  I took this seriously,
      because this fellow is one of the people I respect most in the
      world, and, unlike that other fellow, this guy has the
      &lt;em&gt;credentials&lt;/em&gt; of being someone who spends his days trying to
      make the world a better place.&lt;/p&gt;

&lt;p&gt;So, maybe this &amp;ldquo;feed your demon&amp;rdquo; theory of poker is true.
      Maybe it is the case that poker serves to compartmentalize this kind
      of competitive focus for everyone.  I&apos;ve always been someone
      obsessed with competing with himself &amp;mdash; comparing my own new
      results to my old ones and deciding whether or not I&apos;ve done better.
      I always try to avoid lining my own accomplishments up against
      others&apos;.  Regardless, even if this theory is true, I still think I
      want poker to be a passing occasional activity in my life rather
      than a deep focus.  If I have this competitive need, which I
      somewhat doubt is that strong (even if it exists at all), I am sure
      it can be served with an occasional game of poker rather than the
      near constant one I was in from 2002 until early 2007.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/69246.html</comments>
  <category>pro plans</category>
  <lj:security>public</lj:security>
  <lj:reply-count>3</lj:reply-count>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/68956.html</guid>
  <pubDate>Sat, 16 Jun 2007 23:05:42 GMT</pubDate>
  <title>A Quick Reminder Why I Don&apos;t Play Clubs Anymore</title>
  <link>http://shipitfish.livejournal.com/68956.html</link>
  <description>&lt;p&gt;&lt;a href=&quot;http://www.newsday.com/news/local/wire/newyork/ny-bc-ny--gamblingarrest0616jun16,0,2742417,print.story?coll=ny-region-apnewyork&quot;&gt;Yet
      another robbery of a NYC club&lt;/a&gt; reminds me why I don&apos;t play the
      local clubs anymore.  The chance of being held up at gun point makes
      it not worth it.&lt;/p&gt;

&lt;p&gt;Of course, since there&apos;s basically only a robbery once every six months
    or so, it means you&apos;re at least 1-to-182 against to get hit.  Probably
    less, if you avoid the peak 23:00-01:00 hours.  Still, I don&apos;t gamble
    with these sorts of things, only poker itself.  Especially when there
    are better ways to spend one&apos;s time.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/68956.html</comments>
  <category>legality</category>
  <category>nyc clubs</category>
  <lj:security>public</lj:security>
  <lj:reply-count>11</lj:reply-count>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/68791.html</guid>
  <pubDate>Fri, 15 Jun 2007 12:21:16 GMT</pubDate>
  <title>UIGEA Looms</title>
  <link>http://shipitfish.livejournal.com/68791.html</link>
  <description>&lt;p&gt;With just 24 days to go before banks are required to comply with the UIGEA, I was greeted with this unfortunate message when I went to cash out my daily $300 from ePassporte today:&lt;/p&gt;
&lt;blockquote&gt;
&lt;h3&gt;US Bank Account&lt;/h3&gt;

&lt;p&gt;This functionality is temporarily disabled. Our backend ACH processor
is currently experiencing technical difficulties. Please check back later.&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;I wonder if &lt;q&gt;technical difficulties&lt;/q&gt; mean, &lt;q&gt;our USA processor just bumped us to comply with UIGEA and we&apos;re scrambling to find another&lt;/q&gt;.  I have about $2,000 left of the large sum I&apos;ve been pulling out at $300/day for quite a while, I hope I can get the rest out.  I also have a dozen $300 withdraws in the &amp;ldquo;pipeline&amp;rdquo; that have left my ePassporte account but haven&apos;t shown up in my bank account.&lt;/p&gt;

&lt;p&gt;Ok, so now would be the panic time.  Online poker is about to collapse in the USA.  Get your money out now. :)&lt;/p&gt;

&lt;p&gt;&lt;b&gt;Update:&lt;/b&gt; ePassporte is working again, for now.  Still, less than a month left before full-on UIGEA.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/68791.html</comments>
  <category>online</category>
  <category>uigea</category>
  <category>legality</category>
  <lj:security>public</lj:security>
  <lj:reply-count>0</lj:reply-count>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/68420.html</guid>
  <pubDate>Tue, 12 Jun 2007 17:33:12 GMT</pubDate>
  <title>No Pro Reason 2: The Asshole Factor</title>
  <link>http://shipitfish.livejournal.com/68420.html</link>
  <description>&lt;img src=&quot;http://www.ebb.org/lj-count.jpg&quot; height=&quot;1&quot; width=&quot;1&quot; alt=&quot;&quot; /&gt;

&lt;p&gt;I had built a list of reasons that I&apos;m winding down playing of poker.
    I mostly wrote them out for myself, and had planned to make proper
    entries and post them here.  As you might guess, because my decision
    was that I&apos;d wind down my poker efforts, I have been slow to roll out
    the posts that explore the reasons that I made said decision.&lt;/p&gt;

&lt;p&gt;My first reason dealt with the &lt;a href=&quot;http://shipitfish.livejournal.com/66933.html&quot;&gt;changing
        nature of game selection&lt;/a&gt;, and the second dealt with &lt;a href=&quot;http://shipitfish.livejournal.com/68205.html&quot;&gt;the concept
        that I didn&apos;t actually start playing (nor is it worth continuing
        to play) poker for the money&lt;/a&gt;.  In this installment, I talk
        about a somewhat controversial issue, which I have long called the
        &amp;ldquo;asshole factor&amp;rdquo;.&lt;/p&gt;

&lt;p&gt;In my many years of playing poker, I&apos;ve discovered that once you reach
      &amp;ldquo;real stakes&amp;rdquo; &amp;mdash; somewhere around $10/$20 in limit
      and $2/$5 in NL/PL &amp;mdash; the makeup of people who play settles to
      a well-defined group.  At the lower limits, you find all sorts of
      vacationing people, friendly folks, and various people who are just
      recreational players who don&apos;t spend a lot of time in the poker
      world.  It&apos;s even fun to meet these new people; I know that I met
      some interesting characters at &lt;a href=&quot;http://shipitfish.livejournal.com/tag/river+street&quot;&gt;River
      Street&lt;/a&gt;, for example.&lt;/p&gt;

&lt;p&gt;But, rarely do these recreational-focused players venture up to the
    middle and high limits.  Once you get there, there are basically two
    types of people: (a) semi-pro or pro players who are moving up in
    stakes, and (b) assholes.  The semi-pros/pros might be great people,
    but if your goal is to be a pro yourself, you don&apos;t want your game
    filled with these people.  So, you&apos;re left with everyone else &amp;mdash;
    the assholes.  It&apos;s a simple fact: in my experience, in these games,
    with rare exceptions, everyone besides the pros are just plain jerks.
    I have some theories about this.&lt;/p&gt;

&lt;p&gt;First, it&apos;s a certain class of people who are drawn to higher stakes
    gambling (BTW, if you aren&apos;t over the idea that poker isn&apos;t gambling,
    you should get over it &amp;mdash; you are a gambler even if you only
    gamble (as I do) when you have the best of it).  Usually, these
    non-pros are going have some set of psychological problems.  They
    might be problem gamblers, or at least have an unhealthy relationship
    with gambling.  And, even if this isn&apos;t their primary defining
    psychological illness, but it&apos;s likely that the series of illnesses
    they have are going to make them not nice people to be around.&lt;/p&gt;

&lt;p&gt;Such people are often rude, nasty or otherwise generally unbearable.
    I&apos;ve found it worse in east coast games than on the west coast, but
    it&apos;s often generally true everywhere. (This might, BTW, be due to the
    fact that the recreational player on the west coast gambles a bit
    higher, and therefore you have to go to higher stakes for the
    game-makeup to settle.)&lt;/p&gt;

&lt;p&gt;Even if I believed (although I don&apos;t) that the point of life is to do
    whatever you want, I&apos;m not sure that what &lt;em&gt;I&apos;d&lt;/em&gt; want to do is
    spend my time around these gamblers.  Even the ones who aren&apos;t
    unbearable and are instead actually somewhat funny, aren&apos;t worth being
    around either.  They are funny in that sad, pathetic way that makes
    one sick to one&apos;s stomach to laugh with (at?) them.&lt;/p&gt;

&lt;p&gt;So, when you see me vacationing for a weekend here or there at a
    casino, you&apos;re definitely going to find me at the low-limit tables.
    If I&apos;m going to spend my time playing poker, I want to meet some
    friendly people who aren&apos;t complete degenerates or pros gunning for
    cash.&lt;/p&gt;

&lt;p&gt;And, if I don&apos;t want to play higher, making myself a full-time pro
    would be silly, because I can&apos;t earn enough at those jovial, friendly
    games to make a real living.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/68420.html</comments>
  <category>pro plans</category>
  <category>psychology</category>
  <lj:security>public</lj:security>
  <lj:reply-count>6</lj:reply-count>
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<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/68205.html</guid>
  <pubDate>Thu, 17 May 2007 15:33:22 GMT</pubDate>
  <title>No Pro Reason 1: Poker Is Not About the Money</title>
  <link>http://shipitfish.livejournal.com/68205.html</link>
  <description>&lt;img src=&quot;http://www.ebb.org/lj-count.jpg&quot; height=&quot;1&quot; width=&quot;1&quot; alt=&quot;&quot; /&gt;

&lt;p&gt;I had built a list of reasons that I&apos;m winding down playing of poker.
    I mostly wrote them out for myself, and had planed to make proper
    entries and post them here.  As you might guess, because my decision
    was more or less made that I&apos;d wind down my poker efforts, I have been
    slow to roll out the posts that explore the reasons.&lt;/p&gt;

&lt;p&gt;I&apos;ve been listing the reasons in no particular order; the first I
      posted was regarding &lt;a href=&quot;http://shipitfish.livejournal.com/66933.html&quot;&gt;game selection
      concerns&lt;/a&gt;.  The second is a bit more nuanced, and I&apos;ll begin
      explaining it by telling a brief story.&lt;/p&gt;

&lt;p&gt;A long time ago, I was introduced to someone whom I&apos;d been told was an
      avid poker player.  I asked her what she liked about poker and her
      quick answer was: &lt;q&gt;I love poker because I love money&lt;/q&gt;.  I was
      taken aback.  I then made my usual mistake when I&apos;m well informed on
      a subject: rather than keeping my judgements appropriately to
      myself, I blurted out an analysis: &lt;q&gt;You&apos;ll never be a good poker
      player if you love money that much&lt;/q&gt;.&lt;/p&gt;

&lt;p&gt;Of course, this is a counter-intuitive assessment, but nonetheless
      correct.  I first encountered this idea when reading Doyle Brunson,
      who has said in many fora: &lt;q&gt;to be a successful poker player, you
      must have a complete disregard for money&lt;/q&gt; (or sometimes saying
      &lt;q&gt;the value of money&lt;/q&gt;).  Eventually I came to the realization
      that this was a big factor in my (albeit small-time) poker success
      as well.&lt;/p&gt;

&lt;p&gt;The fact is, I never much cared about money.  I have been extremely
      poor at times (well, &amp;ldquo;extremely&amp;rdquo; when consider in
      relation to my social class, upbringing, and education level &amp;mdash;
      I make no assertions that at my poorest I&apos;m always have it better
      than most people in the world; we don&apos;t actually live in a classless
      society).  At times when I was &amp;ldquo;poor&amp;rdquo;, I (like anyone
      else would) noticed the lack of money to do basic things like rent an
      apartment without cockroaches, or to have enough money to afford
      real pasta sauce rather than buying tomato paste and adding
      water.&lt;/p&gt;

&lt;p&gt;But once I had enough money that I could rent a relatively nice
   apartment, eat out when I wanted to, and own a nice computer (or, have
   my employers provide them, actually), there wasn&apos;t much left that I
   ever needed.  I just never wanted &lt;strong&gt;things&lt;/strong&gt;.  I really
   always hated possessions.  I&apos;m known for hording junk because I hate
   throwing things away, but I found I was just as happy avoiding
   acquiring things.&lt;/p&gt;

&lt;p&gt;When I started playing poker, it was mainly as a competitive effort
      with the side-effect of getting free pizza money while in college.
      When I started playing seriously in the early 2000&apos;s, it was as an
      escape of my &amp;ldquo;regular community&amp;rdquo; that I had temporarily
      become fed up with.  But, it was never really about the money.&lt;/p&gt;

&lt;p&gt;Money to me always seemed like a meaningless thing.  In the late 1990s,
      while my friends ran off to cash in on the Dot.Com boom, I went back
      to graduate school to hide from what I saw as over-commercialization
      of the Internet that I loved.  Now, I&apos;m staunchly middle class, I&apos;ve
      been lucky to get jobs that don&apos;t compromise my principles, and it
      probably will stay this way for the rest of my life.  There&apos;s
      nothing I want in my life that a little more money can buy.  I can
      imagine it would be nice to win so-called &amp;ldquo;life-changing
      money&amp;rdquo;, so that I wouldn&apos;t have to ask people to pay me to
      work on the social causes that I care about. (I&apos;m one of these rare
      people who would do roughly the same job I do now even if I didn&apos;t
      need the money.)  However, making money that doesn&apos;t instantly make
      me independently wealthy simply won&apos;t improve my life.  I just don&apos;t
      have much interest in being a &lt;a href=&quot;http://en.wikipedia.org/wiki/Ferengi&quot;&gt;Ferengi&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;I feel that I got into trouble when I started to think about poker as
      something I needed to do to make expenses.  I &lt;em&gt;did&lt;/em&gt; increase
      my expense footprint, and it will require some careful financial
      management to live without the $1,000/month I was pulling from
      poker.  But I can surely figure out how to reduce my expenses enough
      to make things work.&lt;/p&gt;

&lt;p&gt;But, that&apos;s somewhat beside the point.  The point is that I didn&apos;t get
    into poker for the money.  I did, however, get caught up in the poker
    boom (ironically, after I&apos;d already explicitly avoided the Dot.Com
    boom).  I&apos;d started to like the fact that easy money was coming my
    way; I was becoming a little bit a Ferengi.  But, that&apos;s not something
    I really wanted; I pretended I wanted it, in a way, to justify not
    giving up, and after a while I even believed that I wanted it.  In
    other words, I convinced myself I wanted &amp;ldquo;easy money&amp;rdquo; to
    keep from throwing myself into something I valued more.  I bought into
    the myth of EV, which assumes a person&apos;s time is only valuable to the
    extent to which that person produces wealth.  I do believe in EV in
    the mathematical abstract.  Yet, the quality of life EV, and the EV of
    world betterment, are both much more important in the equation than
    the pure financial EV.  This belief is why I refused to take Economics
    in college; it&apos;s why I avoided going to work for a start-up.  It&apos;s
    just not worth changing my core principles just to keep playing
    poker.&lt;/p&gt;

&lt;p&gt;In the final analysis, I was using poker as a mechanism to avoid
    spending as much time in the world I really loved (the one to which my
    career is devoted), because I was a bit burned out, as many who devote
    their lives to social causes do.  I&apos;m not burned out anymore, and in
    such a situation, poker serves only as a financial EV calculation.
    Yet, as I told that avid poker player I once met: one can&apos;t possibly
    be good at poker anyway if it&apos;s only about the money.  The people who
    do best at poker love the game &amp;mdash; they want to be doing nothing
    else when they are playing poker.  I stopped feeling that months and
    months ago.  It just became about the money.  But, no matter what my
    financial EV is, I can&apos;t really justify playing for only that,
    particularly when I know I&apos;m not going to get financially independent
    from it.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/68205.html</comments>
  <category>pro plans</category>
  <category>psychology</category>
  <lj:security>public</lj:security>
  <lj:reply-count>2</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/67853.html</guid>
  <pubDate>Tue, 08 May 2007 00:17:03 GMT</pubDate>
  <title>Epassporte&apos;s Dirty Little Secret</title>
  <link>http://shipitfish.livejournal.com/67853.html</link>
  <description>&lt;p&gt;On Epassporte, you can only cash out $300 each 24 hours via ACH, and they
charge $2 each time.  You can up this to $500 a time only if you give them
both a credit card and a bank account number.&lt;/p&gt;

&lt;p&gt;I will cut it close getting all the darn money out in the 63 days
    remaining before the UIGEA goes into effect.&lt;/p&gt;

&lt;p&gt;As my wife pointed out, it&apos;s better than getting none of it, which is
    about where I was give that &lt;a href=&quot;http://CakePoker.com/?t=756&quot;&gt;Cake&lt;/a&gt; apparently has no check
    processor now.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/67853.html</comments>
  <category>online</category>
  <category>uigea</category>
  <lj:security>public</lj:security>
  <lj:reply-count>5</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/67780.html</guid>
  <pubDate>Fri, 27 Apr 2007 02:25:01 GMT</pubDate>
  <title>Frankly, I&apos;ve always liked Frank</title>
  <link>http://shipitfish.livejournal.com/67780.html</link>
  <description>&lt;p&gt;&lt;a href=&quot;http://www.house.gov/apps/list/press/financialsvcs_dem/21frank_004_xml_(2).pdf&quot;&gt;Barney
Frank has always been my favorite Congressional Representative&lt;/a&gt;; I had
the pleasure of being his constituent for a while in my life, and I miss
that time.&lt;/p&gt;

&lt;p&gt;If his bill passes (and, of course, it&apos;s a huge underdog), I will
seriously consider playing online regularly again.  Not because I won&apos;t
play online if the game is illegal, but rather because fully legalized and
regulated online poker will be so lucrative that it will be too difficult
to pass up.&lt;/p&gt;

&lt;p&gt;Similarly, if I didn&apos;t dislike California so much (in large part
because of the poor public transit in most Californian cities) and
happened to live there, I&apos;d play in the legal local card rooms.&lt;/p&gt;

&lt;p&gt;There are some people who are going to play poker only when it&apos;s fully
legal, and those are the fishiest.  I just need a &lt;b&gt;huge&lt;/b&gt; overlay to
persuade me.  If the game isn&apos;t a full-on donk-fest, I can&apos;t make enough
to justify the time.  Legalized online games could yield hourly rates like
those on &lt;a href=&quot;http://CakePoker.com/?t=756&quot;&gt;Cake&lt;/a&gt; and &lt;a href=&quot;http://www.pacificpoker.com/?sr=933146&quot;&gt;Pacific&lt;/a&gt; in the hey days.
That&apos;d be tough to ignore, even if taking money from the clueless is
starting to make me sick to my stomach.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/67780.html</comments>
  <category>online</category>
  <category>uigea</category>
  <category>legality</category>
  <lj:security>public</lj:security>
  <lj:reply-count>1</lj:reply-count>
</item>
<item>
  <guid isPermaLink='true'>http://shipitfish.livejournal.com/67432.html</guid>
  <pubDate>Wed, 18 Apr 2007 22:30:19 GMT</pubDate>
  <title>The game is dominated by all-in processes; x(t) &amp;gt;&amp;gt; b(t)</title>
  <link>http://shipitfish.livejournal.com/67432.html</link>
  <description>&lt;p&gt;I only had time to skim &lt;a href=&quot;http://arxiv.org/abs/physics/0703122&quot;&gt;this academic letter by
Cl&amp;eacute;ment Sire entitled &lt;cite&gt;Universal Statistical Properties of
Poker Tournaments&lt;/cite&gt;&lt;/a&gt;.  He primarily argues
various types of observed natural phenomena in Physics and Biology evolve
the same was as poker tournaments, particularly those where chips are not
evenly distributed.  &lt;/p&gt;

&lt;p&gt;He does seem to make some indication that various &amp;ldquo;Kill
Phil&amp;rdquo; strategies (i.e., tending to go all-in on the first betting
round) have certain advantages in tournaments.  However, I feel that he
tends to ignore the evolution of hand play and the importance of opponents
folding in certain situations.  He does argue that individual hand
outcomes are not particularly important in tournament play, but I am not
particularly swayed by his arguments.  I didn&apos;t follow every last piece of
his math.&lt;/p&gt;

&lt;p&gt;BTW, it&apos;s worlds colliding for me again: one of my undergraduate
professors sent me a link to this academic article formatted in LaTeX (a
free software document formatting system) about poker.  I wonder how many
people in the poker world have enough background knowledge to comment
usefully on this article.  I am sort of useless in disputing his
arguments, since my math modeling and analysis skills have faded so much
since my undergraduate days (and I didn&apos;t do any in graduate school,
really, focusing more on Theory of Computation and other symbolic math).
&lt;/p&gt;

&lt;p&gt;Oh, and I do like how they call poker tournaments a &amp;ldquo;futile
activity&amp;rdquo;.  I rather like the sound of that.  It reminds me that
things you do only to make money are ultimately futile, and I think that&apos;s
how anyone who does not love poker more than most other of life&apos;s
endeavors will eventually feel about poker.&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/67432.html</comments>
  <category>stack size</category>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/67106.html</guid>
  <pubDate>Mon, 16 Apr 2007 13:27:26 GMT</pubDate>
  <title>Not Playing, Home Game, and Taxes</title>
  <link>http://shipitfish.livejournal.com/67106.html</link>
  <description>&lt;p&gt;I haven&apos;t played poker at all this month.  Basically, I&apos;ve quit.  I
    have more to write about regarding my reasons, and I will.  I&apos;ve won
    about $20,000 already this year, and assuming that &lt;a href=&quot;http://CakePoker.com/?t=756&quot;&gt;Cake Poker&lt;/a&gt; actually pays me
    (they are having huge delays in processing cashout checks; I&apos;ve been
    waiting since mid-February), that will be a win comparable to my best
    years in the past.  Why play anymore when I have better things to
    do?&lt;/p&gt;

&lt;p&gt;That said, I&apos;m still going to have my monthly home game, because the
    usual group are enjoyable people (not the annoying fish you have to
    put up with at casino and online tables).  I&apos;ve just sent an
    announcement for this Saturday.&lt;/p&gt;

&lt;p&gt;I did my taxes.  &lt;a href=&quot;http://www.amazon.com/Turn-Your-Poker-Playing-Business/dp/0977486206&quot;&gt;I
      read Ann-Margaret Johnston&apos;s book, &lt;cite&gt;How to Turn Your Poker
      Playing into a Business&lt;/cite&gt;&lt;/a&gt;.  I recommend this book if the
      whole Schedule A vs. Schedule C issue still confuses you or if
      you&apos;ve never filed one or the other.  For those who have studied
      this issue, it doesn&apos;t give any new information.&lt;/p&gt;

&lt;p&gt;The only piece that it made clearer to me is why everyone is so touchy
    about this full-time vs. part-time idea.  There is one single court
    case, once, about a professional gambler, that &lt;span class=&apos;ljuser&apos; lj:user=&apos;jhazen&apos; style=&apos;white-space: nowrap;&apos;&gt;&lt;a href=&apos;http://jhazen.livejournal.com/profile&apos;&gt;&lt;img src=&apos;http://l-stat.livejournal.com/img/userinfo.gif&apos; alt=&apos;[info]&apos; width=&apos;17&apos; height=&apos;17&apos; style=&apos;vertical-align: bottom; border: 0; padding-right: 1px;&apos; /&gt;&lt;/a&gt;&lt;a href=&apos;http://jhazen.livejournal.com/&apos;&gt;&lt;b&gt;jhazen&lt;/b&gt;&lt;/a&gt;&lt;/span&gt; &lt;a href=&quot;http://shipitfish.livejournal.com/34310.html?thread=263942#t263942&quot;&gt;has
    previously quoted in my journal&lt;/a&gt;: &lt;q&gt;if one&apos;s gambling activity is
    pursued full time, in good faith, and with regularity, to the
    production of income for a livelihood, and is not a mere hobby, it is
    a trade or business within the meaning of the statutes with which we
    are here concerned&lt;/q&gt;.&lt;/p&gt;

&lt;p&gt;Added with Johnston&apos;s arguments that the IRS gets very suspicious of a
    Schedule C for any activity that seems fun, this probably accounts for
    the constant &amp;ldquo;not full-time&amp;rdquo; paranoia around the poker
    world.  I believe that this is one court case, and therefore just one
    criteria among so many.  Johnston herself argues that there are lots
    of criteria considered by the IRS.  Frankly, when I&apos;m playing more
    than, say, 3 hours of poker a week, I enjoy my day job more than I
    enjoy the poker, so if the IRS wants to see &amp;ldquo;toil&amp;rdquo; to
    believe it&apos;s not a hobby, I&apos;ll tell them under oath how boring the
    whole thing is.&lt;/p&gt;

&lt;p&gt;Finally, I should note that I nearly had a losing year in poker in
    2006.  My net profit was a paltry $94.73, as my expenses were
    somewhat high ($2,105.73).  Still, this is much less than I won in
    2005.  I had forgotten than in January 2006, I was still playing limit
    regularly at the $15/$30 level and had a bad 200 big-bet loss weekend.
    So, given that I had to dig out of that hole all year, I am fortunate
    that I had a win.  It certainly didn&apos;t help that I spent most of the
    late summer and fall playing extremely low stakes, wasting time in
    tiny home games and very small stakes online, too.  There&apos;s hours of
    my life I&apos;ll never get back.&lt;/p&gt;</description>
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  <category>taxes</category>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/66933.html</guid>
  <pubDate>Tue, 13 Mar 2007 15:09:45 GMT</pubDate>
  <title>No Pro Reason 0: Game Selection Concerns</title>
  <link>http://shipitfish.livejournal.com/66933.html</link>
  <description>&lt;p&gt;For about a year, I considered whether or not I wanted to become a
    pro.  Last month, &lt;a href=&quot;http://shipitfish.livejournal.com/66754.html&quot;&gt;I posted that I
    have decided not to do it&lt;/a&gt;, and I have basically quit poker,
    compared to my previous time investment.  I was usually playing about
    20 hours a week from around mid-2003 until late last year.  I am now
    playing about 20 hours a month.&lt;/p&gt;

&lt;p&gt;I have a number of reasons that I have abandoned this plan (and similar
    reasons have reduced my part-time play, too).  It will probably now
    take me a few months to give all my reasons for this.  I&apos;ll try to
    post a reason a week, at least, in no particular order.&lt;/p&gt;

&lt;hr width=&quot;60%&quot; /&gt;

&lt;p&gt;A while ago, I linked to &lt;a href=&quot;http://www.notedpokerauthority.com/articles/does-poker-keep-getting-harder-and-harder.html&quot;&gt;Ed
      Miller&apos;s speculations about whether the poker world keeps getting
      harder&lt;/a&gt;.  I link to it here again as I think it&apos;s probably
      required background reading for what I&apos;m about to say next.&lt;/p&gt;

&lt;p&gt;Game Selection is central to any profitable poker strategy.  As the
      proverb goes, if the seventh best player in the world insists on
      only sitting in a seven-handed game with the those six better
      players, that amazing player will be a lifetime loser despite
      tremendous skill.&lt;/p&gt;

&lt;p&gt;I believe that game selection generally tends to ebb and flow.  Take a
      look back over the fifty year history of professional casino-based
      poker play.  (Ignore the roving gambler era since that lifestyle
      worked for very few.)  There are periods throughout where the games
      were very good and not so good.  Now, I&apos;m not talking about the
      really big games, because I&apos;m relatively sure there are enough
      stupid rich people in the world to make those games highly
      profitable forever.  And, as the &lt;cite&gt;Dilbert Principle&lt;/cite&gt;
      states, products that are the playthings of the stupid rich are the
      most profitable in capitalism.&lt;/p&gt;

&lt;p&gt;But, few people will build the bankroll, temperament and the high skill
      required to play at the high limits.  I&apos;ve met about three people in
      my life that I thought could actually make it at $100/$200 limit (or
      $25/$50 blind NL/PL) for the long term.  You need a tremendous
      amount of skill and ability to handle variance to survive.  Few
      people have that.&lt;/p&gt;

&lt;p&gt;So, let&apos;s assume that as a run-of-the-mill pro, I&apos;d have to figure I&apos;m
    not in that class of people that can play that high.  So, I&apos;m going to
    settle in at the middle limit grinding &amp;mdash; right at that spot
    where all the grinding pros land.  Right where the games are toughest,
    because it&apos;s right at the cusp of where someone can actually make a
    living.  Thus, game selection becomes the chief determinant of
    success.&lt;/p&gt;

&lt;p&gt;During the 1990s grinding it out at limit $15/$30 and $20/$40 was
   particularly difficult to beat.  There wasn&apos;t a lot of gambling
   interest in the game, and there were a lot of strong players fighting
   over a small amount of dead money.  We could easily reach that moment
   again.&lt;/p&gt;

&lt;p&gt;Indeed, in online games, because of the rapid nature of game
    development and quick movement of dead money in NL HE games, we&apos;ve
    found that many sites are almost unplayable at the online
    &amp;ldquo;middle limits&amp;rdquo; of $1/$2-$3/$6 NL.  Part of this came from
    the UIGEA forcing out casual US players, but it was already starting
    to happen on some sites before that.&lt;/p&gt;

&lt;p&gt;Casino games, by contrast, will stay pretty profitable long term, since
    the popularity of poker has caused one likely irreversible fact: many
    people who previously enjoyed general casino table games now prefer
    poker when they visit the casino once or twice a year.  There is
    probably enough dead money &lt;em&gt;at the lowest limits&lt;/em&gt; to make them
    profitable.&lt;/p&gt;

&lt;p&gt;Note the emphasis on lowest limits: there will be great games at $1/$2
    NL and up to $5/$10 and maybe $10/$20 limit.  But, those aren&apos;t
    make-a-living stakes.  They are make-some-profitable-extra-income
    stakes; the same stakes I&apos;ve been beating all these years and netting
    amounts always less than $25,000/year for 20 hours/week.&lt;/p&gt;

&lt;p&gt;Of course, if you are highly skilled and committed to improving your
    game, I am absolutely sure you could seek out good games and find them
    at the middle limits.  But, I wholeheartedly believe it would require
    daily trips to multiple casinos; online poker is not really going to
    sustain many pros at the middle limits.&lt;/p&gt;

&lt;p&gt;Thus, I firmly believe that, moving into the post-poker-boom world, a
    pro needs to live near a casino Mecca (e.g., Bay Area of CA, Los
    Angeles area, Las Vegas, or Atlantic City), where that pro can make
    daily visits to the casino with minimal travel overhead.  It&apos;s a
    matter of fact, frankly, that without a wide variety of &lt;em&gt;live&lt;/em&gt;
    middle limit games to choose from, the full-time pro simply won&apos;t be
    able to earn enough to make poker more lucrative than other careers.
    Certainly, to even match my current Real Life salary (which is a
    relatively low NGO wage), I&apos;d absolutely need that level of game
    selection.  Relying on what&apos;s available online for my daily income
    wouldn&apos;t cut it.&lt;/p&gt;

&lt;p&gt;So, since I&apos;m not relocating to those places (I would really dislike
    living in any of them), I think this is an important reason not to go
    full-time pro.  That leaves the question of how this issue impacts my
    part time play.  I have decided, first and foremost, that for any
    larger stakes, occasional trips to the casino are likely better than
    frequent online play for small stakes.  The game selection at casinos
    is basically always good, and I can have a better time and hourly rate
    as a recreational player and part-time pro if I visit casinos
    occasionally for trips where I can play 12-14 hour days for a short
    period of time.  It&apos;s clear that for the part-time player, online cash
    game selection is abysmal enough that it is probably not worth the
    trouble for many hours per week.&lt;/p&gt;

&lt;p&gt;That sums up my first reason for not going pro.  I hope to write the
    next installment soon.&lt;/p&gt;</description>
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  <category>game selection</category>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/66754.html</guid>
  <pubDate>Tue, 20 Feb 2007 19:12:45 GMT</pubDate>
  <title>&amp;hellip; And So One Chapter Ends.</title>
  <link>http://shipitfish.livejournal.com/66754.html</link>
  <description>&lt;img src=&quot;http://www.ebb.org/lj-count.jpg&quot; height=&quot;1&quot; width=&quot;1/&quot;&gt; 

&lt;p&gt;One year ago last week, I posted that &lt;q&gt;&lt;a href=&quot;http://shipitfish.livejournal.com/24348.html&quot;&gt;I hope to be a
    [full-time] professional poker player ten years from now&lt;/a&gt;&lt;/q&gt;.  I
    was beginning a ten year plan to become a pro.  Theoretically, I have
    nine years left.  But, while I didn&apos;t journal much about my thought
    processes this past year about becoming a full-time pro, I have been
    thinking a great deal about it.&lt;/p&gt;

&lt;p&gt;I spent a good piece of my poker time last year preparing for what
    became the experiment I conducted for the last month and a half to
    consider what it&apos;s like being a full-time pro.  I decided last week to
    end the experiment.  External (i.e., financial) factors indicate that
    it went well, and it&apos;s actually pretty clear to me that if I wanted
    to, in ten years, I could be a full-time professional poker player.  I
    noted earlier this month that &lt;a href=&quot;http://shipitfish.livejournal.com/64876.html&quot;&gt;if I were to do it
    now, I think I&apos;d have to take a substantially reduced salary&lt;/a&gt;, but
    it&apos;s likely with constant work on my game over the next nine years, I
    could get to the point where I&apos;d have a full-time job.&lt;/p&gt;

&lt;p&gt;I&apos;m usually the type of person that if I &lt;em&gt;can&lt;/em&gt; do something that
    I had a mind to do at one point, I just do it.  In other words, I
    don&apos;t reconsider a plan very often; I&apos;m better at executing those I
    already have it.  But, this is a good case for reconsidering.&lt;/p&gt;

&lt;p&gt;I do know that I will probably keep full-time poker in my back pocket
    as a backup in case for any reason I can&apos;t continue the work that I
    currently do.  However, I have now let go of the plans to make it
    full-time.&lt;/p&gt;

&lt;p&gt;Over the next few weeks, I&apos;ll be making a series of posts detailing all
    the reasons that led me to this decision.  &lt;span class=&apos;ljuser&apos; lj:user=&apos;roryk&apos; style=&apos;white-space: nowrap;&apos;&gt;&lt;a href=&apos;http://roryk.livejournal.com/profile&apos;&gt;&lt;img src=&apos;http://l-stat.livejournal.com/img/userinfo.gif&apos; alt=&apos;[info]&apos; width=&apos;17&apos; height=&apos;17&apos; style=&apos;vertical-align: bottom; border: 0; padding-right: 1px;&apos; /&gt;&lt;/a&gt;&lt;a href=&apos;http://roryk.livejournal.com/&apos;&gt;&lt;b&gt;roryk&lt;/b&gt;&lt;/a&gt;&lt;/span&gt; is &lt;a href=&quot;http://shipitfish.livejournal.com/24348.html?thread=55580#t55580&quot;&gt;well
    known for urging me and others to never ever consider becoming a
    pro&lt;/a&gt;; perhaps my posts will help those considering it.  Surely,
    this series of posts will make Rory happy.&lt;/p&gt;

&lt;p&gt;I still haven&apos;t decided yet what I&apos;ll do regarding continuing the
    part-time professional play that I&apos;ve been engaged in for the last few
    years.  I admit that I&apos;ve gotten used to being able to pay some
    expenses with ease from my poker business.  I&apos;m fortunate that I don&apos;t
    have to decide that quickly.  I&apos;ve more than doubled my bankroll in
    the last month and a half, and I could easily spend the next eight
    months not playing at all, pulling some expenses from it, and still
    not have to drop down in stakes if I do start playing part-time again
    at any point.&lt;/p&gt;

&lt;p&gt;What I do know is that I&apos;m done with the plan to become a full-time
    pro, and that I may be winding down my work as part-time pro as well.
    I look forward to exploring my reasons here in the next few weeks.&lt;/p&gt;</description>
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  <guid isPermaLink='true'>http://shipitfish.livejournal.com/66421.html</guid>
  <pubDate>Mon, 19 Feb 2007 21:59:25 GMT</pubDate>
  <title>F.J.&apos;s Other Place in Dallas</title>
  <link>http://shipitfish.livejournal.com/66421.html</link>
  <description>&lt;img src=&quot;http://www.ebb.org/lj-count.jpg&quot; height=&quot;1&quot; width=&quot;1/&quot;&gt; 

&lt;p&gt;[ &lt;span class=&apos;ljuser&apos; lj:user=&apos;swolfe&apos; style=&apos;white-space: nowrap;&apos;&gt;&lt;a href=&apos;http://swolfe.livejournal.com/profile&apos;&gt;&lt;img src=&apos;http://l-stat.livejournal.com/img/userinfo.gif&apos; alt=&apos;[info]&apos; width=&apos;17&apos; height=&apos;17&apos; style=&apos;vertical-align: bottom; border: 0; padding-right: 1px;&apos; /&gt;&lt;/a&gt;&lt;a href=&apos;http://swolfe.livejournal.com/&apos;&gt;&lt;b&gt;swolfe&lt;/b&gt;&lt;/a&gt;&lt;/span&gt; recently &lt;a href=&quot;http://shipitfish.livejournal.com/58088.html?thread=278504#t278504&quot;&gt;complained
          that I hadn&apos;t finished my Texas trip posts&lt;/a&gt;.  So, four months
          late, I pick up continuing story of my Dallas poker week.  I
          wrote previous posts about &lt;a href=&quot;http://shipitfish.livejournal.com/56888.html&quot;&gt;Monday
          night&lt;/a&gt; and &lt;a href=&quot;http://shipitfish.livejournal.com/57249.html&quot;&gt;Tuesday,
          Club 1&lt;/a&gt; and &lt;a href=&quot;http://shipitfish.livejournal.com/58088.html&quot;&gt;Tuesday,
          Club 2&lt;/a&gt;.  Here&apos;s the post about Tuesday, Club 3. ]&lt;/p&gt;

&lt;p&gt;After leaving the &lt;a href=&quot;http://shipitfish.livejournal.com/58088.html&quot;&gt;gimmicky
          club that I previously described&lt;/a&gt;, we headed to what I
          considered the best club we visited that week.  It was run by
          the same fellow (F.J.) who ran the club we&apos;d visited &lt;a href=&quot;http://shipitfish.livejournal.com/56888.html&quot;&gt;Monday
          night&lt;/a&gt;, but in a different location.

&lt;p&gt;Steve indicated a few reasons that some club owners run in multiple
        locations.  First, it keeps the clubs small and irregular, which
        helps avoid busts.  A club that runs eight hours every single
        night is much more likely to get busted than one that is only open
        twice a week.  Second, there are a lot of luck-oriented players
        around the Dallas poker scene.  If they are running bad at a
        particular club, they won&apos;t go there anymore, but are willing to
        come to another.&lt;/p&gt;

&lt;p&gt;Indeed, there wasn&apos;t a lot of overlap in clientele at this new club.
        It was bigger than F.J.&apos;s other single-table place; there were two
        full tables going when we arrived.  We got a seat on the back
        table by the windows.&lt;/p&gt;

&lt;p&gt;The game was extremely loose, with two or three calling stations taking
        almost any hand they played to the river if they hit anything.  A
        few aggressive players were in the game; Steve pointed one out to
        me as a fellow who&apos;d done well in some WSoP satellite events, but
        was actually a pretty horrible player.  Steve said something like
        &lt;q&gt;a big chunk of my bankroll is from that guy&lt;/q&gt;.  I started
        calling him &amp;ldquo;Bankroll Builder&amp;rdquo; in my head at that
        point.&lt;/p&gt;

&lt;p&gt;As it turned out, however, my largest confrontation was with someone
        Steve identified as one of the better players at the table.  This
        fellow had raised UTG to $25 &amp;mdash; relatively standard in this
        $2/$5 game &amp;mdash; and gotten a small reraise the aggressive
        Bankroll Builder, and a cold call in between.  In the small blind,
        I found AA.  I didn&apos;t really want to play this hand out of
        position on the flop with much money behind, so I made it $300 to
        go, hoping to get reraised for my last $200 somehow.  I felt I was
        basically announcing my hand to the field, but thought the
        aggressive reraiser might have a hand like QQ and go with it, and
        if the strong UTG player had KK, he might not be able to fold it
        &amp;mdash; giving &lt;em&gt;me&lt;/em&gt; QQ instead.&lt;/p&gt;

&lt;p&gt;After a short speech about how he has to have the best hand, this
    &amp;ldquo;good&amp;rdquo; player went all in, and Bankroll Builder went into
    the tank, and eventually folded what he says was &lt;q&gt;a pair&lt;/q&gt; &amp;mdash;
    frankly I think it was just 88 or something.  I called immediately
    found myself up against AKo.&lt;/p&gt;

&lt;p&gt;Business was quickly offered.  This was a tough spot for me.  Of
    course, the odds don&apos;t change if you run six full boards from the
    whole remaining deck, but I&apos;m not really used to playing $1,000+ pots.
    I told the fellow I&apos;d do any sort of business he decided &amp;mdash; he
    could name what he wanted.  I am used to leaving it all up to luck
    once the decisions are made, so this seemed to be a way to do
    that.&lt;/p&gt;

&lt;p&gt;He wanted to run it twice, and then asked: &lt;q&gt;two boards or two
      turn/rivers?&lt;/q&gt;.  I told him it was up to him again.  I just wanted
      the whole moment over with.  He decided on two full boards, which he
      felt gave him the best chance (probably true), and I was glad to see
      the first board left me &amp;ldquo;freerolling&amp;rdquo;.  The second board
      came with four spades, and that gave his K&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00013kb1&quot; width=&quot;12&quot; height=&quot;15&quot; alt=&quot;s&quot; title=&quot;of spades&quot; /&gt; a flush, and the A&lt;img class=&quot;suits&quot; src=&quot;http://pics.livejournal.com/shipitfish/pic/00013kb1&quot; width=&quot;12&quot; height=&quot;15&quot; alt=&quot;s&quot; title=&quot;of spades&quot; /&gt; was sadly the only ace not in
      play.&lt;/p&gt;

&lt;p&gt;I, of course, wish I&apos;d refused business, but besides wanting to leave
    it up to someone else what happened after I made the actual poker
    decisions, I also didn&apos;t want to hurt the morays of the Dallas poker
    scene, either.  We did chop up the reraise and the cold-call, so it
    wasn&apos;t a loss against the rake, but I still felt like I made a bad
    decision and that I should have, for example, offered two turn/rivers
    instead of two full boards.&lt;/p&gt;

&lt;p&gt;That was basically the only major hand I played, although I got paid
    off with turned trips by one of the calling stations, and I played a
    big draw meekly and won (and was admonished by Steve and a friend of
    his, a strong player who was dealing for the evening for not potting
    it all the way to the river).  But, as for the poker, those were the
    only notable occurrences.&lt;/p&gt;

&lt;p&gt;I really liked the club.  Like the others in Dallas, the space was wide
    and open.  The dealers were friendly but not distracting; the staff
    was attentive.  The whole story at these places was service &amp;mdash;
    it&apos;s so different than the abysmal places here in NYC.  Heck, these
    places were even nicer and more accommodating to players than some
    casinos I&apos;ve visited.&lt;/p&gt;

&lt;p&gt;Steve wasn&apos;t a fan of the plaid-ish felt at this place, as it was
    admittedly a bit too textured and certainly not great to look at.
    But, given that I was only playing there for a night, I found it to be
    rather nice.&lt;/p&gt;

&lt;p&gt;Finally, the thing I can&apos;t stop talking about these places is how nice
    the players are.  There was virtually no dealer abuse.  The bankroll
    builder guy was a bit rude at one point, and but F. J. pulled him
    aside quite quickly and got him back on track.  I suppose I might be
    able to stand playing poker for a lot longer in an environment like
    this.  I admit to some biases about the so-called &amp;ldquo;red
    states&amp;rdquo;, being the east-coast hyper-liberal that I am, but as
    long as I avoided discussing politics, I found the whole environment
    incredibly friendly.&lt;/p&gt;

&lt;p&gt;As we left, F.J. even came by and shook my hand and asked if I was
    enjoying my visit to Dallas.  I can&apos;t imagine any owner of a NYC club
    even noticing that a new player had come and wanting to make them feel
    welcome.  Club owners around here could certainly learn a lot from
    these guys.&lt;/p&gt;

&lt;p&gt;Steve dropped me back at my hotel, and I was glad to have had a small
    winning session, but was still down a lot for the trip.  I wished I
    could have spent more time at F.J.&apos;s club, as I felt that game was the
    softest and easiest for me to beat of the ones we&apos;d seen.  F.J.&apos;s
    other club was running the next night, so I&apos;d get one more visit there
    to finish up the Dallas nights.  For the weekend, it was off to a
    nearby casino!&lt;/p&gt;</description>
  <comments>http://shipitfish.livejournal.com/66421.html</comments>
  <category>dallas</category>
  <category>nl he</category>
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