Archive for January, 2007

Skill, Chance, or Both?

London jurors are considering the game of Poker in terms of whether it is one of skill or chance, in order to determine the fate of a Pub owner who sponsored a poker game in his establishment across the pond. If the pub owner’s defense team can convince the court that the game is purely one of skill rather than chance, their hope is that he will be found not guilty of holding a gambling event without proper licensure. If, indeed, his defense is truly based on the argument that poker is entirely a game of skill, then I believe his legal strategy is overly simplistic, and that this chap had better get ready for an unfavorable verdict.

Any seasoned poker player knows that the game of poker is heavily affected by the “chance” or random fall of the cards. However, the best players also know that they make their money by using skillful play to minimize the negative effect of the randomness of the cards, while maximizing the positive effect of same. Anyone who denies the role of “chance” in poker is just plain wrong. BUT…anyone who denies the central roll of skill in poker, well, they are a sucker, and I have a nice comfortable chair available for them right here next to me at the poker table.

There is, however, a world of difference between poker and other casino “games of chance”, which is why there are millions of poker players who walk right past the slots and table games every time they make their way to the casino poker room. Like many poker players, I don’t give a second thought to putting money into any of those “house” games, because I KNOW that long term, if i do, then I lose, since long term the “house” wins.

On the other hand, I KNOW just as surely that long term, any money I put into poker brings me a positive return. And I know that this is true from years of study, practice, experience, and disciplined play. I know it because like other good players, I have learned to master the randomness of the cards through skillful play.

Interestingly, the U.S. courts have, in the past, recognized this distinction between poker and other forms of gambling due to the skill required in the game. And this issue is front and center once again here in the U.S., as lending institutions, legislators, lobbyists, poker sites, players, et al deal with the Unlawful Internet Gambling Enforcement Act which was passed in late 2006.

There has been so much frantic reaction to the legislation, that the facts of the matter are often times missed. While various forces seek to have the game of poker excluded from the UIGEA legislation, based on the argument that it is a game of skill (tempered by chance, if the truth be told), a careful analysis of the legal landscape shows that as far as the courts have previously determined, poker is in all likelihood already excluded from the reaches of this and other related federal law, nevermind the skill/chance argument.

New Season of High Stakes Poker

The best show on television, hands down, bar none, is High Stakes Poker on GSN. The new season begins Monday January 15th at 9 pm Eastern. Even though NL Holdem is not my cash game of choice, there is nothing I enjoy watching more than this show.

The interaction amongst the players is always good, and sometimes outstanding. Last season’s taunting of Phil Hellmuth and his ultimate meltdown were just hilarious. The same can be said for Mike Matusow, whom the other players actually paid a few thousand dollars to stick around when he had announced that he was finished playing. Of course, they cleaned him out in the next few hands, busting him for about $100,000.

Players in this third season include:
Daniel Alaei
Patrik Antonius
David Benyamine
Brad Booth
Doyle Brunson
Todd Brunson
Bill Chen
John D’Agostino
Eli Elezra
Antonio Esfandiari
Sam Farha
Chris Ferguson
Jamie Gold
Barry Greenstein
Jennifer Harman
Dan Harmetz
Phil Ivey
Phil Laak
Erick Lindgren
Mike Matusow
Daniel Negreanu
Victor Ramdin
Daniel Shak
Shawn Sheikhan
Brian Townsend
Illya Trincher
Paul Wasicka
David Williams

I Did Alright!

Well, the 50k guarantee on Full Tilt was tonight. My prior post mentioned that I won my $109 seat by winning a $4 satellite the other day. Tonight there were 808 players. I finished 18th (that’s me…RogerKDodger) to take down $404…not bad for a $4 investment but not nearly what I was striving for. I got about 5 good hands all night, so I was stealing blinds and antes to build a stack. A couple of key double ups kept me in the average stack territory. In the end, my all in with AJ was not enough against AQ. It is really satisfying to go deep in a big tourney like this, albeit disappointing to miss out on the big payout.


Yo…Whasup?

I was born a poor black child, but found fame and fortune as a poker player. Now you will usually find me in the big game in Vegas, AC, LA, NYC (on the down low...no doubt). Help yourself to all the good stuff here in my crib. You can cruise on over here whenever you feel like playin, chillin, blingin, bangin, hangin...ya know, whatever? Sense of humor and appreciation for sarcasm & satire are required. Poker Homey...consider this your home away from homey!

Breakin It Down