The end of the online poker pro?

In the beginning of online poker, there was no rakeback. There was only rake. In the days of Planet, Paradise, and Party Poker, no one thought that 5% to $3 was a great deal, but hey, it was the same or less than most brick-and-mortar rooms were charging. It didn't really matter; the games were so good. If you played poker seriously in the era where Chris Moneymaker, Greg Raymer, Joe Hachem or Jamie Gold were reigning world champions, then money was falling out of the sky and landing in your bank account.

It was, of course, the affiliate system that led to what we now know as rakeback. Poker sites wanted more players, so they turned to affiliates. Savvy affiliates said that they wanted lifetime value players, not to be played a flat CPA. Savvy players then realized that affiliates were making buckets of money from the rake they were paying, and in turn they demanded rakeback.

PokerStars was intelligent in proactively doing an end-around this process. They knew that people were hungry for rakeback and that they would circumvent the rules to get it, so they created the VIP program. And their tiered system was brilliant. The more you played, the higher your status. The higher your status, the more you earned. So you wanted to play more and more, a positive feedback loop that never seemed to end. At least, until this week. This week, Stars pulled out the rug on its highest volume players. With its announced VIP changes to 2016, PokerStars is being very obvious in what they want to do long-term. Stars no longer considers poker pros making 50k or more per year to be partners in their business. Rather the statement made is that poker pros are leeches on our games, parasites on our idyllic poker economy.

Pulling out the rug on the 2015 Supernova Elites in such a fashion is not something that sits well with me. From all indicators, these people entered into a quasi-contract with Stars that they would get an expected amount of effective rakeback for 2016. There certainly would not be the backlash that there is in the poker community right now if they announced these changes 12 months ahead of time. By announcing the changes so late in the year, they continued to make the revenue line look good for investors, keeping the stock price high. Who knows what the volume in 2015 would have looked like had they made this announcement in January? Stars is now under immense pressure from its players to pull back from their announced changes. I hope they do bow to that pressure, but don't be surprised if they don't. This isn't the Scheinberg era, folks.

In any case, the implications the new VIP program are huge. The death of the online poker pro has been predicted many times, but this one is as legit as it comes. It won't be an explosive implosion; the games will not suddenly dry up on January 1, 2016. But at least in the short term, there will be a significant contraction of the money available to win (across all limits) and the marginal pros won't survive. If you are an online poker pro, and you have not made at least 100k/year in the last two years, you should strongly consider applying for a real job somewhere. If you are an aspiring poker pro and haven't quite made the leap yet, you need to look long and hard about whether you really want to sign up for this grind. Stars' goal is to create an equilibrium where everyone is a small loser. It is an uphill battle when you are fighting against the most powerful organization in poker.

I have some further thoughts on how this will all shake down, but I'll have to save them for a Part 2. Tomorrow though I'll be talking about this more on this week's Pokercast (sponsored by the PokerStars VIP Club!) though, and hope to have that Part 2 up soon.

Edit: I want to clarify that with the exception of honouring its previously advertised 2016 commitments, I'm not taking a position on the rightness or wrongness of PokerStars devaluing their VIP program. They have the right (and responsibility) to control that program as they see fit and to maximize the long-term profits of their company. Stars does not owe poker players the right to make a living at their tables. They do, in my view, have a responsibility to deliver on the promises made to them in 2015. But aside from these commitments, I am not taking any sort of moral position on the changes.

Ultimate Poker post-mortem

On the day that Ultimate Poker is shutting down in Nevada, putting all my thoughts into writing would have taken a really long time, so I created this video blog detailing my time at Ultimate Gaming.

Is regulation to blame for the PokerStars rake hike?

The biggest news of the month in online poker and indeed online gaming is PokerStars increasing its rake across a number of ring games and SNGs. Unsurprisingly, most of the online poker community is up in arms about it. While I don't play very much poker these days, I do see it as another step towards the eventual extinction of the online poker pro, at least as we know it now. In the economic parlance, Amaya/PokerStars are now capturing back a ton of the rents that poker players have held for a long time.

Among others, Steve Ruddock of Online Poker Report, has mentioned that the policy changes of the new-look austere PokerStars is part of the cost of regulation. Ruddock writes,

[O]ver the past five or so years, more and more countries have legalized and regulated online poker. This has forced operators to apply for licensing in different jurisdictions, resulting in sometimes-hefty licensing fees and local tax bills. 

These expenses were virtually nonexistent in the unregulated online poker markets during the poker boom.

Ruddock also notes that Amaya pulled out of 30 grey markets (albeit mostly small poker markets) and that would cost some revenue.

I've seen the following on 2+2 written many times in many different ways, and it rings true: "You guys wanted regulated poker, and now you're getting it."

Regulation always costs money, and costs are always passed down to the consumer, in this case, the poker player. What's more is that the costs of regulation are not always obvious. Taxes, license fees, and lost revenue from exiting grey markets are obvious. But I suspect the average poker player (or journalist) does not have any idea how much regulation truly costs the online poker industry.

The truth is, the regulatory bodies attempting to regulate online poker do not understand it very well, if at all. The most recent example came of this is when PokerStars was required (and then apparently, not required) to remove its auto rebuy feature in the UK. Players hated this change, with good reason: players immediately realized there would be situations where they would pay the blinds, get stacked on a hand, then to add insult to injury, miss free hands. But this is the kind of thing that only a poker player would understand. A regulator who does not play poker in any serious way sees only that an auto rebuy feature bypasses the psychological hurdle of needing to click to reload, and could thereby potentially exacerbate problem gambling.

The auto rebuy regulation got a lot of press, but it is downright sensible compared to many of the regulations that I know exist in Nevada and New Jersey. While I was working for Ultimate Gaming, we were prevented from launching Omaha games in Nevada because they required a separate game tab to distinguish Hold'em from Omaha. Because of the way Ultimate Poker's software worked, this was not as trivial a change as it sounds, and Omaha games were delayed.  A situation came up in New Jersey where the Division of Gaming Enforcement were on our case over a promotion where we gave away t-shirts on Twitter. Seriously, t-shirts. If they can give sites a hard time over t-shirt giveaways, you can be assured that quite a lot of more substantive promotions got either shitcanned or altered beyond recognition.

These things may seem small, but they cost the companies a lot of money cumulatively. They also create technological overhead for the product development team. The end result is a poorer experience for the players, which means players play less, which means the liquidity pool shrinks, and the cycle repeats. The cost of regulation is very high, and much of it cannot be measured on a balance sheet. It manifests in promotions that never run, players that never play, games that never get started, extra payroll expense, redundant and replicated work, and more. As you can see, the costs of regulation go beyond simply higher rake.

Here's another insidious thing about onerous regulations, whether ridiculous or legitimate. It's that once regulations are established, the existing operators are often incentivized to ensure they stick around. If some regulator requires that the river card must be exactly 17 pixels from the turn card or that the geolocation be accurate to 75 metres instead of 100, then once the operator has made that required change, they actually want it to stay, because it creates more future work for their competitors. Thus the regulation game, at times, is simply throwing up one barrier after another at your opponent like an action movie chase scene. As soon as one company passes the apple cart in the crowded alley, they try to knock it over to trip up the next guy.

(By the way, this is not unique to online poker. One need only look at what the taxi companies are presently doing in Las Vegas. After months of desperately trying to keep Uber out of Las Vegas and protecting their regulated monopoly, Uber is now operational. The result? The taxi companies are on a rampage of bullying and intimidation, including this disgusting case where a cab company employee hired an Uber, contacted the taxi authority, who in turn showed up in bulletproof vests and masks posing as police officers.

This is an extreme example of government-protected business running amok, of course, but it is to the point: when companies are granted a special legal privilege to operate in an arena, they will do anything to protect that status against outside competitors.)

As should be fairly apparent, very little of this actually benefits the consumers. I should say that the majority of the online poker regulations that I have come across are reasonable, but they are also things that any legitimate operator would do anyways. At no time did I ever come across a regulation and think, "wow, that's a great idea, and no one is doing that!" Again, it's not reasonable to expect them to - they're not poker players and they don't understand poker.

It isn't all hopeless, of course. There are certainly some people who will be attracted to regulated poker who might not have played if the situation were the same as the mid-2000s. There is the hope of legalized poker in major markets like California, shared liquidity pools across state lines, and so on. But I cannot see the monstrous profits of online grinders from 2004-2008 ever coming back. I empathize with the individuals who have invested so much into developing their poker game and playing for a living. I think this tweet from Mike "Timex" McDonald encapsulates how many online pros must be feeling (obviously -- it got 89 retweets).

Spend years branding poker as a "skill game". Analyze winrates of top players. Set rake to be slightly more. Our job is now a carnival game
— Mike McDonald (@MikeMcDonald89) October 30, 2014

As seemingly unfair as this moving of the goalposts seems to the players, we all knew the era of big money for the 90th-98th percentile players would not last forever. I don't think the era of the poker pro is done with entirely, but if I were a poker pro, I'd be thinking long and hard about transitioning to the real world. Might I make a recommendation?

[Edit: A few hours after this posted, Ultimate Gaming announced it is closing operations in Nevada. Sadly, a lot of good people there will lose jobs because of it.]

Crosspost: Going From Poker Pro To Poker Industry Pro

This is a crosspost from content I originally wrote as a two-parter for Ultimate Poker's content page, "The Rail".

Online poker had a tremendous effect on the lives of a number of young people throughout the 2000s. Prior to the last decade, to earn a high-income living as a young person, you needed to be a brilliant inventor or entrepreneur, an extremely talented and famous actor or singer, or maybe a professional athlete in a major sport. Obviously, this represented only a tiny percentage of the population of all young people.

But in the 2000s, with the first online poker boom, a great number of young people were suddenly able to earn high incomes playing online poker. Many intelligent young people put their university and college educations on hold or skipped them entirely because the allure of making far more money than any newly-minted graduate at an entry level position would make – and all by playing a game they loved.

Many of these young people would go on to become tremendously successful poker players and stars of the game. However, not everyone made it in the long run. Some players “burned out”, tiring of the online poker grind. Others saw the games they were playing in getting tougher and tougher as their opponents grew more educated, resulting in a major drop in income.

These players on the margins were now in a tough spot. The former pros found themselves in their mid or late 20s looking for work, but lacking both formal education and any significant traditional job experience.

The good news, if you’re one of these people, is that your experience playing hours of online poker, participating in forums, and generally being involved in the poker industry, makes you a valuable asset to online poker sites, including Ultimate Poker. At Ultimate Poker, we employ dozens of poker players in customer service, game room operations, product management, marketing and technology – all the way from entry level to senior executive.

Whether your poker industry experience ends up being as valuable as that engineering or law degree your parents wanted you to get will be a function of your own talent, skills, and attitude – but the point remains that you do offer relevant experience to companies like Ultimate Poker who are headquartered locally. 

Now I’d like to talk about how to get that job. The key thing to remember when entering the workforce is that despite your job or education gap, you bring value to poker companies! You provide skills and experience. The problem is, so do hundreds or even thousands of other poker pros who find themselves in a similar spot. How do you stand out from the crowd?

SOME DOS WHEN APPLYING FOR AN ONLINE POKER POSITION

Do include a cover letter, always. A customized cover letter is how the person reading your application (hiring manager or HR manager) knows that you spent the time to apply for position with this company and that you didn’t just spam the same resume to dozens of companies. It also should show you communicate effectively.

Do brag about what you know about poker. The cover letter is a good place for this. If you’ve played 2 million hands of poker on 10 different sites, you’re familiar with MTTs, SNGs, and cash games in hold’em, Omaha, stud and draw, brag about it here. While the hiring manager is probably not interested in how many final tables you made or what your lifetime BB/100 is, they certainly are interested in the breadth of your poker and gaming knowledge.

Do demonstrate your knowledge of the company. You should know a lot about the company that you’re applying for, whether it is low-level things like promotions and game features, or high-level items like jurisdictions and relationships with partners.

Do mention why you want to work for the company. A phrase that I absolutely love to see in a cover letter is “dream job”. More than any phrase on any cover letter, this makes me more likely to give a person an initial phone interview. Enthusiasm counts. Of course, you’ll have to be able to follow this up in both the phone and live interview, or you’ll be a big disappointment.

Do be specific about what job you want. “I’m really knowledgeable about poker in general, and I think I could fill a variety of roles in your organization.” I’ve seen this one many times, and honestly, I’d bet that it’s true most of the time. But you also have to realize that even in a new startup like Ultimate Gaming, applications are likely to be siphoned through a more traditional HR manager with a lot of corporate experience in more traditional brick-and-mortar based companies. So, even though you think you would be good at everything, you should indicate exactly what position you would like to have within the company. Gaming companies need people with all kinds of skills, from IT infrastructure to accounting to software development to customer service to marketing. While people with great general knowledge can bring value to any gaming or poker company, it’s the specialists who get noticed by HR.

And obviously, be realistic. If you are willing to work in an entry-level position but you say you’d be well suited as a Senior VP, well, it’s not very likely that the HR manager will consider you for that entry-level position.

AND NOW, THE DO NOTS.

Do not be quiet and demure in your interview. A lot of good poker players are real introverts. And while they are often intelligent, thoughtful and would make tremendous assets to any organization, it simply doesn’t come out in the interview. Your interviewer is not Phil Ivey staring you down for tells, so you shouldn’t be staring blankly, talking softly, and avoiding eye contact. Be engaging and demonstrate that you’re an individual with a personality, the kind of person that people want to have as a co-worker.

Do not hide any skeletons in your closet. In both Nevada and New Jersey, employees have been required to undergo background checks to work for Ultimate Gaming. While it is not always an absolute dealbreaker to have been previously convicted of a crime, it most likely is a dealbreaker if you aren’t immediately upfront about it. Additionally, the more senior the position in the company, the more likely that your background will be thoroughly investigated, so if you harbor hopes of one day being a senior executive in a gaming company, you’ll want to be honest from the get-go.

Do not misspell the name of the person you’re applying to. Seriously, this happens with alarming frequency. It’s not that I’m so egotistical I can’t handle having my name spelled incorrectly, but if I see it that way — after I’ve already corresponded with you — I’m going to be think that you’re not a detail-oriented person, and if you can get something like this wrong, you’ll probably get other things wrong too. I definitely don’t think that poor spelling is necessarily an indicator of lack of intelligence, but when there are potentially dozens or hundreds of people all applying for the same job, why stick out for all the wrong reasons?

There are plenty more dos and don’ts I could mention, but that would start to stray from the topic of how to go from poker player to poker industry into being a general “how to get a job” essay. But if you keep these points in mind, you’ll find yourself a lot more likely to land your desired position in your preferred company.

Until next time, best of luck – regardless of which side of the virtual felt you find yourself on.

It's WSOP time - get after it! (for me)

So the WSOP starts in a week. Holy shit. When did that happen?

I feel like I can't even remember a time where the WSOP would sneak up on me. For the last 10 years, I've had it circled on my calendar and been counting the days. The only reason why today it got on my radar was because I was checking my @ messages on Twitter.

I was tremendously flattered to be picked in a pool by a player I respect as much as Matt, but also a little saddened. First for him, because I expect to be a lousy pick this year. Second for me, because I love the WSOP and for the first time since 2006 I'll be at best a part-time player in it.

"So, about that job thing"

Wow, I can't believe I haven't even posted about the Ultimate Poker launch. Actually, I guess I can believe it. I simply haven't had the time! But since 2005 I've posted every major life event on either this or my previous blog, so it seems bizarre to look at my own blog and see that big gaping hole.

Without a doubt, Ultimate Poker surpassed expectations dramatically. We're doing so much better than we projected, and have had a ton of positive media exposure. We've had our problems too, and lots of people have been justifiably critical of our technology and our support. But there can be no doubts that in 3 weeks we've changed the poker landscape and taken a lot of people by surprise.


As for me personally? I've had some good days, and bad days. Today was a good one. It was a big day for me. Today, I actually left the office at 6pm, something I haven't done since launch. I got a ton of stuff done at work, but what was different was that I also left a bunch at work. My problem I have a really hard time letting go of work that needs to be done. That's what a lot of people have encouraged me to do: to recognize that the work will still be there tomorrow and to pace myself so that I don't burn myself out in 3 months.


So I'm taking small steps towards leading a more healthy and balanced lifestyle, but there's still so much work to be done that it's hard to predict when I'll get unburied. As I wrote a month ago, the best way to put me on tilt these days is to simply ask me when I'll get to fight next. I feel like I'm so far away from that. And that a 13-year poker player would move to Las Vegas for eight weeks and not play a single hand of poker in that time has a most Morisettian irony to it.

In previous years, when the WSOP grind wore me down, I brought myself up by remembering that there were so many amateurs, wannabes, dreamers, has-beens, and never-weres who would die for the opportunity to do exactly what I was doing. It made me feel grateful.

I'm going to try my hardest to be a significant part of the WSOP this year, and as Matt himself says:

(I don't know how "easy" it is, seeing as how I've played 140 of them and made five final tables without winning one, but the point is understood.)

But to those with the opportunity to play a full schedule: get after it. I'm jealous, but I'll be pulling for you.

"...and he was never heard from again."

That was the joke one of my exes, Jacqueline, used to make in a mock-ominous voice referring to individuals who had started playing World of Warcraft. The year was 2006 and she'd encountered an inordinate number of regular bloggers whose last blog posts began with, "so I signed up for World of Warcraft today" and correspondingly got sucked into the game so much that they were never heard from again (at least in the blogosphere).

Just as I have never tried crack or meth, I never touched WoW. But for the last month, I do feel like I've disappeared off the face of the earth. Sure, I've gone many long stretches without blogging, but this last month is the first time in my life I've been so immersed in work that I've had almost no interaction with the outside world. Many times over the last few weeks I've wanted to blog about how the working world has been treating me but the only thing I have time to do once I get home is work out (sometimes), cram a prepackaged dinner down my throat, and fall asleep. The only reason that tonight I have time to blog is that at this moment I'm on call, waiting for a co-worker who is on the road (it's 9:30pm) and could need my assistance online at any time.

Sadly, I haven't really been doing much in the way of MMA training. I make it to jiujitsu once or twice a week. I've hired a boxing trainer to give me private lessons twice a week. I've been trying to keep up general fitness and done a decent job of that. That's about it. Every time someone asks "when's your next fight?" I feel a little bit of life-tilt because there's no way I am in fight shape.

To be brutally honest, if I had known beforehand that this is what my life would be like, I might not have accepted the job. But despite the workload, I'm still glad I did. It's actually been fun in its own way. We have had a tremendously harried week here at Ultimate Poker, but the whole team has come together to support one another and get shit done. It's been nice to be a part of that. My stress level at times has been just through the roof and I have had my share of "omfg this is a disaster" freakouts, but there's definite life-ev in being part of a team.

I also like that I get to dabble in a little of everything in my work. I have had my hands in the technology, marketing, customer support, HR, and finance aspect of things. I definitely don't think I would have survived in a job where I was just doing one thing, and I hope the breadth of my work here at Ultimate Poker continues to increase.

But it is a crazy pace and hopefully things do settle down a bit soon, because I definitely don't think I will last long at the current pace. My hope is to set up and establish systems that largely run without me, so that I can get off the daily grind of burning the candle at both ends and instead work towards making a lasting long-term contribution to the organization. Not to mention getting back to fighting and playing poker.

A lot of people have been asking when we're going to start taking bets here at Ultimate Poker. While I'd love to go into detail, all I can say is that things are definitely getting exciting around here. We are continuing that push towards hand #1 of legal online poker and we really think we have what it takes to be the market winner in Nevada and beyond!

PokerListings "Easy Game" mini-documentary

PokerListings.com's Matt Showell approached me a few months ago to say he wanted to feature me in one of their mini-documentaries. Egotist that I am, I couldn't say no! Matt messaged me to let me know that the video is now online, and here it is.


If the above doesn't work, you can always click through to the original page here.

I think the documentary turned out great and I'm really happy with it! In particular I like the part where I get to talk about my motivations and reasoning for doing this. Matt was super easy to work with and the whole thing was far more fun than work.

I'm joining Ultimate Poker!

I've teased a couple times on this blog over the last year that I had something in the pipeline brewing. It's with great pleasure that today I get to announce it.

I have joined the Ultimate Poker team.

For those of you who don't know, Ultimate Poker is the newest venture out of Ultimate Gaming. Ultimate Gaming was one of the first companies to receive an online poker license in Nevada, way back in the fall of 2012. We are also majority-owned by Station Casinos and are partnered up with the UFC (who are of course, also owned by the Fertitta brothers).

It should seem fairly obvious that this is a pretty good place for an MMA-obsessed poker pro to land, from both my side and theirs.

I was first contacted with the idea of joining Ultimate Poker almost one year ago to the day. Since then it's been in my head the whole time. It was a struggle to decide though. I thought, "hey, my life as a poker pro/MMA nerd is great. Why mess with something that isn't broken?"

For the last two years (when I started to seriously get into MMA), my life has been a repeat of: wake up, work out, eat, nap, train MMA, eat again, and sleep - and I simply fill the gaps with a small amount of online grinding. Once in a while when there's an exciting major tournament somewhere cool, I go to that -- and try to find a fight gym worth training at as well.

Despite how content I was with everything, I still couldn't shake the idea. I talked to a few close and trusted friends and they thought it was a great opportunity for me. I thought back to my PokerStars days and how much fun it was to be part of a poker startup, to watch a business grow from infancy into something massive and awesome. At the same time, playing poker started to become less exciting to me. Ten WSOP cashes is great and all, but when you cash ten times, that's a ton of hours at the poker table (and no real big payoff, in my case). In the fall, I played only five live tournaments and had a 1st, 2nd and 4th. I ran super-hot in that period and yet I still wasn't sure if I wanted to play poker for a living. I thought, "if I'm not super-excited about poker when I'm running good, I'm a little worried what's going to happen when I start running bad..."

So I kept coming back to the Ultimate Poker thing. I had been mostly talking with their Chief Marketing Officer, Joe Versaci. Joe was North American Marketing Director at PokerStars for many years. Our respective Stars careers barely overlapped, but we know many of the same people, and the people I talked to all said great things about him. Joe not only wanted me because I had past experience starting up the PokerStars support team, but he also loved the idea that I'm a poker player who lives and breathes MMA and the UFC. So I said to Joe that I'd love to work for the company -- as long as you can promise that I'll still be able to train MMA the way I'm used to. When it came to salary, I didn't ask for a dollar more than they were offering; I only wanted the freedom. He agreed, and in fact told me that not only supported, but actually wanted me to fight and play major poker tournaments as it would be great for our brand. And that's why I'm sitting here with a real j-o-b in an actual o-f-f-i-c-e for the first time in nine years.

On one hand, it's a huge change for me. I know from experience that being part of a startup is crazy work. Stuff always goes wrong and there are always challenges and hurdles you didn't anticipate. But more than anything I'm excited. Excited to be hopefully a good team player and leader. Our Vegas office is a couple dozen employees and they're an awesome group who has welcomed me. We have a lot of fun in the office throwing around poker ideas as we stand on the precipice of the first legal real-money hand of online poker in the United States. There's so much talent here, all channeled towards the same goal, that I can't imagine anything other than success and good times.

As for what you'll be seeing from me: more of the same! Any time anyone ever sees me at a poker tournament, they want to know when I'll be fighting again. Well, I've now relocated (yes, legally) to the biggest fight town in the world. So, let's hope the answer to that question is, "soon!" And I'll still be at the WSOP; look for me rocking the Ultimate Poker gear at the tables. I might not have month-long training vacations in Thailand or be able to fly down to Australia or Europe as much, but I'll still be in the poker scene.

One of the nice things about having been successful and reasonably smart with my money over the years is that I only have to do this as long as it's fun, and if it stops being fun, I'll go do something else. That goes for poker, MMA, or working in a poker startup. But I'm loving the people and the environment so far, and I'm excited to be a part of something big. They say that when one door closes, another opens. But I've walked through a new door here, and I still get to keep the other ones open. Good deal for me!

But that's enough self-indulgent writing for now. If you'll excuse me, there's work to do to get Hand #1 dealt!

a funny hand history / wrapping up in Phuket; Australia soon

So, this was fun:

Starting Game #46658088-2182
gtownhustla22 is the Dealer
Shuffling Cards
TerrenceChan posted Small Blind $2
Albuquerquefreakout posted Big Blind $4
You Were Dealt (Ks,Kd)
ghstface1 folds
Cogitus folds
gtownhustla22 raised to $113 (wtf?)
TerrenceChan is All In
Albuquerquefreakout folds
gtownhustla22 calls $396.39
gtownhustla22 shows (Qd,Qh)
TerrenceChan shows (Ks,Kd)
Dealing Flop (8h,Ac,8d)
Dealing Turn (5c)
Dealing River (Ad)
TerrenceChan wins $794.28 from Pot 1 with : Two Pair Aces and Kings
--------------------------------------
Starting Game #46658088-2183
TerrenceChan is the Dealer
Shuffling Cards
Albuquerquefreakout posted Small Blind $2
ghstface1 posted Big Blind $4
gtownhustla22> website is such a jjoike
You Were Dealt (Qh,Th)
Cogitus folds
gtownhustla22> \CHEATING ***** SLANTY EYD ****
gtownhustla22> HONG KONG USELES FU CK
gtownhustla22 folds
TerrenceChan raised to $10.66
Albuquerquefreakout folds
gtownhustla22> did we drop a few bombs on you
ghstface1 folds
TerrenceChan wins $16.66 from Pot 1
TerrenceChan mucks
gtownhustla22> piece of sh it
--------------------------------------
Starting Game #46658088-2184
Albuquerquefreakout is the Dealer
Shuffling Cards
ghstface1 posted Small Blind $2
Cogitus posted Big Blind $4
You Were Dealt (6c,2s)
gtownhustla22 folds
TerrenceChan folds
Albuquerquefreakout folds
TerrenceChan> sorry, no speak english
ghstface1 calls $4
Cogitus checks
Dealing Flop (6h,3h,4d)
ghstface1 checks
Cogitus bets $8
ghstface1 folds
Cogitus wins $15.10 from Pot 1
Cogitus mucks
--------------------------------------
Starting Game #46658088-2185
ghstface1 is the Dealer
Shuffling Cards
Cogitus posted Small Blind $2
BumHunter357 posted Big Blind $4
You Were Dealt (5c,Qh)
gtownhustla22> shu t th e fuc k up u idiot
gtownhustla22 folds
TerrenceChan> only speak us dollar
TerrenceChan folds
Albuquerquefreakout folds
ghstface1 raised to $8
gtownhustla22> only speak my co ck in your girl s as s
Cogitus folds
BumHunter357 folds
ghstface1 wins $14 from Pot 1
gtownhustla22> ****
ghstface1 mucks
--------------------------------------
Starting Game #46658088-2186
Cogitus is the Dealer
Shuffling Cards
gtownhustla22> G O O K
BumHunter357 posted Small Blind $2
gtownhustla22 posted Big Blind $4
You Were Dealt (Qs,9s)
TerrenceChan> sorry no understan, you have more us dollar or no more?
TerrenceChan folds

****

(He would go on to busto his remaining $50 or so shortly after, then quit.)

I've been playing poker for so many years and yet I still never tire of this type of amazing immaturity. Suppose that doesn't make me too much more mature than them.

I have less than 48 hours left in Thailand. It's been fairly good, my standup has improved, my cardio has improved. But the last 10 days were a total write-off. I went to the beach for New Year's Eve on December 30-January 1, and that's when my first symptoms of a mystery illness showed up. On the evening of January 1, I suddenly got really bad chills; bundling up under the covers in a hoodie and sweatpants in 31-degree heat kinda bad. I had the hotel call me a doctor who in all honesty was probably pretty terrible. He diagnosed me with gastroenteritis and prescribed antibiotics. He actually didn't give me the standard spiel about taking the whole course of antibiotics, which I found odd. Anyway, I took the first one without thinking about it, then realized that antibiotics for a stomach flu is a terrible idea and decided not to take any more. I continued on acetaminophen instead.

On January 3, I felt okay enough to train, but hurt my ankle slightly. The next day instead of training I went swimming in the pool. I'm a terrible swimmer (which means I drink a lot of water) and the pool is not well-maintained here, so I suspect that I got sick from the pool water. I had a fever ranging from a mild 38 to a nasty 38.7 at its peak from the 4th-7th. Today, the 10th, was my first day back at training.

It sucks that I've been sick in Thailand twice in my three trips here, because it's such a great place for high-quality training at a very low price. My immune system is very robust when I'm in either Hong Kong or Vancouver but it seems to have trouble keeping up here in Thailand, whether it's from bug bites, pool water, food poisoning, heatstroke, or whatever. The veterans say basically everyone gets sick here, so I guess it's just something you have to deal with.

As somewhat of an aside, a follower on Twitter directed me to this excellent read about training Muay Thai in Thailand. I felt that while the tone of the author was startlingly negative and fatalistic that it still captured a lot of what it's like to be here.

****

So, in a couple days time I'll be back in Hong Kong for a week, then off to Melbourne for the Aussie Millions, one of my favourite poker destinations. After that ... who knows? Maybe I'll even be right back here, punching and kicking stuff under a corrugated roof now shielding against an even hotter southern Thailand sun.

Why I do not, cannot, and likely will never support the PPA

Apparently poker got some good news today, as the Wire Act was deemed by the US Department of Justice to not apply to poker. I am not a legal expert and so I defer to those who are for an in-depth examination of this news. That's not what this post is about. This post is about the following quote from John Pappas of the Poker Player's Alliance, which jumped out and hit me square between the eyes with as much force and surprise as any left jab I've seen this week:

“The PPA commends Assistant Attorney General Seitz for recognizing this. However, this ruling makes it even more important that Congress acts now to clarify federal law, and to create a licensing and regulation regime for Internet poker, coupled with clear laws and strong enforcement against other forms of gambling deemed to be illegal.” (Emphasis mine.)

And this, very simply, is why I cannot in good conscience support the PPA. "My gambling is okay, but your gambling is illegal and should be punished," is the height of hypocrisy. It is indefensible. It is, morally speaking, little better than if the civil rights movement were to have argued for equal rights for blacks but continued oppression of Hispanics and Jews.

I've, at times, wanted to support the PPA. After the passage of the UIGEA, I actually got as far as the signup page on their website. But the John Pappases of the world do not represent me and can never represent me as long as this is their position. This, in my view, is the worst type of special interest group; the ones that are willing to actively throw others under the bus so that they can emerge from the wreck.

These people are no friends of liberty. In the end, what matters is not the freedom to play poker. It is freedom, period.

Oh, I play poker sometimes too: A recap of my WCOOP main event

After the big high of my debut fight, I had a chance this weekend to put the wraps on what would have been by far the most epic 9-day stretch of my life by winning the main event of the PokerStars WCOOP and the $1.4+ million that came with that title. Unfortunately, I had to settle for 36th place and a substantially less impressive $29286.

I was surprised by truly how grueling the event was. The 13 hours of play on Day 1 were very mentally taxing and felt more like two days of a live event. The experience was stressful enough that my skin actually broke out the next morning. And my Day 1 wasn't even really filled with difficult decisions. And I only played one table. I'm not really sure as to why it is the case that I find online tournaments so grueling compared to live tournaments. Perhaps it's the rushed 5-minute breaks. Or maybe it's the increased frequency with which one plays big, important pots. In a live tournament you might only play 1-2 really significant, stressful pots in any given hour, but obviously online (even one-tabling) you might play closer to a half-dozen.

It's also, of course, less fun to go deep in a big online tournament than a live one, because of the absence of a support network (putting aside random shouting in the chatbox or on Twitter). There are no dinner breaks with friends or encouragement from the rail. There isn't really even that weird and awkward sense of camaraderie one develops with one's tablemates, those very same people whose dreams you are trying to crush.

In any case, by the end of the long day, I was fairly drained. I did manage to squeeze some of my good practices from training for the fight into the 5-minute breaks. In general, I want to start bringing my healthy lifestyle approach for MMA into the poker world, by using deep breathing, exercise and better eating habits to feel better and less stressed while playing, which should ultimately result in better decision-making. I feel like readers of this blog are going to think I'm becoming this total hippie, so I'll emphasize that it's still far more important to play well and have technical skill (in both poker and in fighting), than it is to do all these other lifestyle things. But these things can significantly improve performance and have negligible cost, so they're certainly worth doing.

The other thing I did that was new for today was turning off all distractions. At the WSOP in 2009 and 2010 I became known among media and players as the guy who was always reading his Kindle at the table, and I almost never play live tournaments without making sure my iPod is full of fresh, new podcasts. In online tournaments I'm even worse, between the easy availability of chat, Twitter, Facebook, RSS feeds, blogs and just general dicking around on the web. But for an event as big as the WCOOP main, I decided it was worthwhile to embrace the boredom and turn off all of these things. The only things loaded on my computer would be the PokerStars client, PokerTracker and PokerStove, and the only non-poker tools I allowed were iTunes and my cell phone (which I mostly ignored). I don't feel like it helped me that much with information tracking because my mind still wandered a great deal, but where it did protect me was that I didn't make any clear blunders (misreading bet sizes or stack sizes and things of that nature) because I was never distracted by anything other than my own thoughts.

As you might guess, I feel I played pretty well. Since getting back from the WSOP, I've returned to my roots as a cash-game player, and up until the fight I was trying to squeeze in an hour or two of 5/10 NL cash on HeroPoker every day. My results there have been strong but nothing special, but more importantly it's gotten me back to feeling confident playing 50-100 BB NLHE. The tournament landscape is so much different from the mid-stakes cash one, though. I have this theory that a lot of this small 4-bet/5-bet/6-bet stuff that is occurring is not part of optimal strategy but is in fact borne of an unwillingness of many tournament players to play flops. I think people doing this would be better served making more calls and large jams. I will disclaim this by saying I do think that this is a very unpopular opinion in the tournament world and that there are obviously a lot of very talented and successful players who would disagree strongly with that statement.

Going deeper into hand analysis is not really my style; I played a couple of questionable hands that I posted on my Twitter, and I do wish I could take one action back on my final hand. But again, I'm happy with how I played and I feel like even though I've taken a few weeks off to prepare for the fight, that my NL game is as strong as it's ever been. I'll be going to WSOPE in Cannes -- which I've been looking forward to that ever since the 3rd week of training camp -- so this run, while disappointing, at least gives some confidence going forward. Yesterday was, I think, the deepest I've gone in a tournament that paid over $1 million for first. Maybe in a couple weeks I get to join that elusive million-dollar club!