Random Thoughts: Madness Edition
Time for another installment of Random Thoughts, where each paragraph
has little to do with the one before it and preceding it! A Google
News search for 'Full Tilt Poker' yields virtually no information from
the past month regarding the sale of the company to Groupe Bernard
Tapie (GBT). How is there a several hundred million dollar deal
pending between three parties (the U.S. Department of Justice being
the third) that generates no new public information for more than a
month? It must be simply maddening to be a player with a meaningful
balance stuck on Full Tilt. Is the deal still on? Is it dead? Your
guess is as good as any because who knows what's been going on the
past several weeks. If I ran GBT I'd be on the roof of the world with
a bullhorn every morning informing people that Full Tilt Poker will
soon return bigger and badder than ever. Where's the reassurance?
Where's the drumming up of excitement for the relaunch of the company
you're paying hundreds of millions to acquire? Someone say something!
online poker 468x60 If you're reading this and it's still before 20:00
GMT on Sunday, January 22nd, hop on 888 Poker and register for the
$1.70 buy-in $225 guaranteed event they are holding exclusively for
our readers. It's certain to have a very large overlay. Just five
players are registered with about 16 hours to go! The rungood
inflicted from doing an interview with PokerTips continues: Faraz Jaka
took 3rd in the PCA event last week for $755,000 mere days after
speaking with us. Thanks to finding five minutes for us, Joe Cada
became poker champion of the world a couple months later. Little known
Philip Hilm spoke with us once and was the chipleader going into the
final table of the WSOP Main Event a few months later. However, he
famously blew that lead to bust out in 9th place and hasn't cashed in
a live poker tournament since. Whatever happened to that guy!? Poker
player Will Ma, who one could make a good case for being The Best
Player You've Never Heard Of?, is teaching over 200 MIT students how
to play poker in a course that will earn them three college credits.
The first lecture is available on YouTube. Here is the corresponding
PowerPoint presentation. Students will compete against one another
through play money online poker games over the duration of the three
week seminar. Ma said his hope is that students who successfully
complete the course will be competent enough to beat $3 SNGs and $10
NL. An article in the New York Times last week suggested that states
looking to legalize online gambling shouldn't expect the newfound tax
revenue to substantially affect budget problems. Well, no kidding.
California, for instance, is operating at a $9.2 billion annual
shortfall. Any argument that legal online poker can help shore up
these deficits is rooted in delusion. California would be lucky to
clear 1% of that amount over the course of a year through legal online
poker games. It seems that states are finally starting to make more
realistic estimations of how much legal online poker would be worth to
them. Sorry Iowa, but it's not a 9-figure score for your annual
coffers. So 2010 WSOP Champion Jonathan Duhamel is the victim of a
home robbery after a scorned ex-girlfriend tips off the assailants on
the score. His WSOP bracelet and $160,000 in cash is stolen. He has to
be hospitalized to be treated for minor injuries sustained during the
break in. What does he do one week later? Fly to the Bahamas for the
PCA and make four final tables for more than $1 million in total
cashes. I wish someone would break into my home! Apparently Zygna
poker, the large play-money network on Facebook, is looking into
launching real-money games. If they were to do so, it would be a
"woohoo" moment for online poker players. Zygna boasts a massive
customer base most of whom couldn't tell you what a backdoor flush
draw is. Think of it like the real-money online poker waters being
stocked with a massive school of fish. Hopefully Zygna will consider
an approach aimed at keeping them there for a while.