Friday, August 14, 2015

Tuning In: A Few Recent Poker Podcasts

Was doing some work in the barn today and listened to a few poker podcasts while I did.

I first went back about a month to hear Bill Chen’s segment on Episode 371 of the Two Plus Two Pokercast. Chen’s always an interesting one to listen to -- very relatable for me, not because of the depth of his analytical thinking, but for the place of poker in his life as something very important but not all-consuming.

Then I checked out the latest PokerNews podcast -- Episode 326 -- which started with some discussion from Donnie and Rich about the recently completed PokerStars Pro Tour in California and then featured a enjoyable conversation with WSOP National Championship winner Loni Harwood. All interesting and fun and a good quick catch-up on recent events in poker.

Finally I dialed up a podcast I hadn’t tuned into for a while -- Ante Up! -- which just last month made it a full decade’s worth of podcasting. I used to listen to these guys -- Chris Cosenza and Scott Long -- constantly back when they first started out and wrote about their shows here fairly frequently, too. Tuning in again, I had to grin at how much the show had remained the same with the familiar mix of personal anecdotes about their own play, a run-through of news items, and some strategy talk.

They aren’t numbering their shows, but 10-plus years’ worth of weekly podcasts must add up to well over 500 by this point. Kind of brings to mind the story of this blog (into its 10th year now) which I know by this point readers sometimes drift away from and then return occasionally, perhaps surprised to see things still chugging along as usual.

The episode I grabbed was from a couple of weeks back, the one in which they discussed Matt Savage’s recent Facebook poll and discussion inviting players to weigh in about what they thought constituted an excellent tournament structure -- the 7/30/15 episode.

If you didn’t follow that whole discussion from Savage, the Ante Up! show is a good way to catch up with its particulars. (Indeed, as one of the few not on Facebook, I’ll admit I didn’t quite follow the entire structure discussion.) They get into it about the 12-minute mark and the discussion lasts about 15 minutes.

By the way, according to those responding to Savage’s poll, the most-important to least-important factors when it comes to creating an excellent structure were determined to be (1) time; (2) levels; (3) player ability; and (4) chips, or starting stack.

Savage agreed that of these four, the number of chips in the starting stack should be considered the least important -- since the length of levels and schedule of blinds/antes increases can obviously make a “deep” stack less deep, relatively speaking. Meanwhile, Savage agreed with the importance of having well measured levels (e.g., not skipping steps along the way), and that the length of levels does in fact have a lot to do with how great and/or appropriate a structure is.

Gonna have to get Ante Up! back into the regular rotation here. Have always enjoyed the way Chris and Scott approach all things poker, representing as they do the perspective of the great majority of us -- i.e., non-pros who greatly enjoy playing the game and following the stories surrounding it (including the stories involving those who are pros).

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Tuesday, July 14, 2015

Negreanu’s Intentions

Folks have had fun with Daniel Negreanu’s frequent statements of his “intentions,” often delivered via Twitter, whenever he heads into a new day of tournament poker.

A short while before play begins, the newly-inducted Poker Hall of Famer will send his more than 365,000 followers or so a tweet starting “My intention is” with the rest spelling out some specific goal he intends to realize by the end of that day. Usually he lists a specific chip count for which he’s aiming, while sometimes he adds other less tangible intentions, too.

As he has explained in various forums, Negreanu’s motive for stating such intentions has to do with maintaining a positive, optimistic attitude about what he hopes to accomplish, not any particular superstition or other irrational purpose (as far as I’m aware).

About a half-hour ago Negreanu tweeted out his intentions for today, Day 7 of the World Series of Poker Main Event, which he’ll be starting in ninth position out of the final 27, his above-average stack of 8,495,000 representing a little under 71 big blinds when play begins in just a few minutes.

“My intention for day 7 of WSOP main event is to maintain focus and intensity, be compassionate, and reach the final table with 40 million” says Negreanu. That chip goal, if reached, might well put Negreanu in the chip lead as the tourney pauses nearly four months before resuming in November.

Of course, if Negreanu does survive the whittling down from 27 to 9 and make it through today -- no matter how many chips he has -- I think many of us already have an idea what his intentions will be during the long interruption of play. Never one to shy from the limelight, nor one to demonstrate reticence regarding the promotion of poker, I think it’s safe to assume he’ll show us once and for all what good might come from having someone who is already a full-fledged poker “ambassador” slotted into the November Niner role.

Former 2+2 Pokercast co-host Mike Johnson tweeted earlier today a question that suggested a little bit of skepticism about how exactly Negreanu making the November Nine will change the status quo as far as his already considerable influence is concerned.

“WSOP ME - someone needs to explain how Daniel winning helps poker?” asks Johnson. “He’s had a huge stage to promote/be an ambassador for yrs. It would be the same.”

It’s a valid question and point, I think. And it might well be true to say that whether Negreanu realizes his intention to make it the WSOP Main Event final table or not, the difference for the larger poker community -- ultimately -- might in fact be negligible.

But I think most of us are still curious to see what comes next, should that eventuality occur. That’s why my intention is to follow closely what happens.

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Wednesday, July 30, 2014

GG, Mike: Farewell Episode Up

Just saw that the new episode of the Two Plus Two Pokercast is now available, the final one featuring co-host Mike Johnson. Sucker’s more than three hours long, but it should be well worth listening to for a few reasons.

I know the show contains a ton of “call backs” to earlier episodes which ought to make it fun as a kind of mini-history lesson of the last decade of poker. Looks like our buddy Kevmath made a guest appearance, too, for a trivia challenge with Mike, which ought to be fun to hear. And lots of different people from the poker world appear live as guests as well as with recorded farewells, too. (There might even be one in there from this longtime fan.)

When I heard Mike was going to leave the show about a month ago, I wrote a post here. I mentioned how sorry I was to hear Mike was leaving the show, but how I also well understood the desire to step away from the constant grind of talking about poker after doing it for so many years.

The show will be continuing with Adam Schwartz who is going to be bringing in different folks to sit alongside him going forward, although there’ll be no replacing Mike.

I’m just starting up the episode, and I’m hearing they began it with the intro to the old Rounders, the Poker Show, the original show Mike and Adam began on the Vancouver sports talk station way back in 2005. Ah, I remember that. This should be fun.

Click here to listen.

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Wednesday, June 25, 2014

Couldn’t Have Played It Any Better, Mike

Heard that recent announcement that Mike Johnson, the longtime co-host of the Two Plus Two Pokercast and before that Rounders, the Poker Show, is going to be stepping away from the poker podcast game in mid-July following the end of festivities this summer at the WSOP. His co-host Adam Schwartz started an “Official Mike Johnson retiring from the Pokercast thread” over on 2+2 where many are chiming in with appreciations and other grins inspired by Johnson.

I can’t begin to count how many times I’ve written here about either the old Rounders show (which I began listening to shortly after it came on the air way back in April 2005) or the Pokercast (which started at the beginning of 2008). Those shows have inspired countless topics over the years that I’ve taken up here, with Mike and Adam both consistently presenting thoughtful, interesting takes on innumerable issues affecting the always interesting poker world.

Last year I had a chance to interview the two of them for Betfair Poker, and they shared a lot of great stories about the history of the show as well as thoughts about the place of it within our little idiosyncratic world of “poker reporting” (or whatever you want to call it).

I’ve also had the chance to meet Mike a few times at the WSOP over the years, including covering him occasionally when he played in events. The most memorable such instance of the latter concerned what was probably one of the more painful moments Mike ever endured at the WSOP.

It was 2011 and Mike was playing in the Main Event, and right near the end of one of the Day 1 flights he got involved in a big hand versus the Russian player Yury Gulyy. In the hand Mike successfully got Gulyy to commit his entire stack on the turn on a 10-high board, at which point Gulyy then turned over Q-Q and Mike showed his K-K.

It was a huge pot, one that would’ve placed Mike right near the chip leaders to end the day. But alas for him a queen came on the river, knocking him almost all of the way back to the starting stack.

“Did you see that, Shamus?” I remember Mike calling out to me that night, just after the hand had ended and the chips were being shipped to his opponent.

It was during the end-of-night scramble for counts and other loose-end-tying activities, and for some reason I just happened to have been passing through his section on my way to where I was stationed on the other side of the Amazon Room. That’s when he related the hand details to me, which I’d report for PokerNews and then write-up a more detailed story of later on Betfair. Regular listeners of the Pokercast might well recognize that hand, as it continues to come up from time to time.

As we talked about a little in that Betfair interview, I think Mike and Adam have provided an incredible service to the poker community over the last almost-decade. Sure, they’ve been doing something they love to do -- it’s obvious -- but while doing so they’ve given a valuable voice for players and everyone else who cares about the game with their reporting and interviewing. They’ve also kept us plenty entertained, too -- check that 2+2 thread for dozens of memorable instances proving that. That pic above, by the way, is a still from Bet Raise Fold containing a shot of Mike (left) and Adam (right) doing their show.

As someone who has stuck with them pretty much without interruption since the very beginning, I’ll miss Mike and what he’s given to us over the years, although as someone who has also been plugging away at discussing poker for nearly as long, I can definitely sympathize with wanting to take a break. It’s an endlessly fascinating game and subculture, but it can be exhausting, too -- it just never stops!

Anyhow, wanted to use some space here to wish Mike Johnson well and encourage everyone to tune in for these last few shows with one of the poker podcasting greats.

“Oh, I couldn’t have played it any better!” said an exasperated Mike after that painful Gulyy hand. Looking back at his long, consistently high-quality career helping create Rounders and the Pokercast, I’d have to say the same thing about that performance, too.

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Wednesday, April 23, 2014

The 2,170-Player Chop

Spent a short while today finally taking some time to read about the resolution of the Borgata brouhaha from January. As you’ll recall, the first event of the 2014 Borgata Winter Open was canceled with 27 players remaining thanks to allegations of cheating committed by one player, Christian Lusardi, by means of introducing counterfeit chips into the event.

Have to use that word “resolution” tentatively, I suppose, as it seems like there will be more to come from this one, namely potential lawsuits filed by unsatisified players. In any event, about 10 days ago the New Jersey Department of Gaming Enforcement released its “Final Order” directing the Borgata how to distribute both the $1,433,145 in prize money that had yet to be won in the tournament (i.e., the total of the prizes scheduled to go to the top 27 finishers) as well as $288,720 more in revenue the Borgata had collected from entrants.

That adds up to $1,721,805 total. Somewhat surprisingly, the DGE decided not just to award money to the final 27, but also to refund $560 entry fees to 2,143 other players “who may have been impaced by the alleged criminal conduct who were eliminated from the event” without cashing.

The refunds to eliminated players total just over $1.2 million, leaving about $521K for the final 27. The DGE directed the Borgata to distribute that money “in equal amounts of approximately $19,323 to each of the 27 entrants” who still were alive in the event at the moment it was canceled. The Borgata also issued a statement reiterating the DGE’s directive and making known its intention to comply.

Many have been critical of such a “resolution,” in particular pointing out how the final 27 players, otherwise due to play for over $1.43 million, together came away with just over a third of that total.

Today I listened to respected Tournament Director Matt Savage (not the TD at the Borgata) on the latest Two Plus Two Pokercast explaining why he found the resolution unsatisfactory and also troubling in terms of how it might affect tournament poker going forward. Savage’s point was that given such a resolution, players aware of cheating in future tournaments may well become reluctant to make their awareness known to tournament officials out of fear that they may themselves lose potential winnings should the tournament be canceled.

I said back in January that there didn’t seem to me any wholly satisfactory way to resolve the situation that would prove satisfying to all concerned, but it does seem as though there were several different ways it might have been resolved that would have been preferable to the one chosen. And as Mike Johnson and Adam Schwartz pointed out on the Pokercast, of all the possible scenarios imagined by both players and observers prior to the DGE’s order, few (none?) ever considered the possibility that nearly two-thirds of the unawarded prize money would not only not go to the players still alive in the event (and due to divide it up), but would go to eliminated players instead.

Anyhow, for more on the “Final Order” and what it lacks, check out Savage on the Two Plus Two Pokercast (he appears during the first hour) as well as Haley Hintze’s discussion over on Flushdraw.

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Friday, January 03, 2014

Online Poker in the New Year

Been perusing some of the “Top Stories of 2013” lists on the various poker sites, including PokerNews where the reintroduction of online poker in the U.S. claimed the top spot on the list. The only other online poker-related story to make that list was the one concerning the process finally getting started for Americans who played on Full Tilt Poker to petition for the return of their funds (#4).

Of the 10 “most read poker articles” on Pocket Fives during 2013 (presented in two parts: 6-10 and 1-5), none really had to do with online poker.

PokerListings did a list of “The 20 Best Moments in Poker in 2013” (20-16, 15-11, 10-6, 5-1), five of which concerned online poker: “Isildur1 Wins SCOOP $10k Main Event” (#20), “Online Poker Becomes Inclusive to Rec Players” (#13), “Moorman Hits $10m in Career Online Earnings” (#7), “US Full Tilt Poker Player Claims Processed” (#3), and “Online Poker Returns to US” (#1). They also threw in the release of the BET RAISE FOLD documentary (#15), which chronicles online poker’s glory days.

Meanwhile on PL’s list of “The 20 Worst Moments in Poker in 2013” (20-16, 15-11, 10-6, 5-1) six had to do with online poker: “WSOP Fails to Get Online Poker Running by Main Event” (#12), “Delays Continue in Never-Ending durrrr Challenge” (#11), “Full Tilt Poker Remission Process Drags On” (#8), “PokerStars Does Not Get NJ Approval” (#6), “Sheldon Adelson Takes Aim at Poker” (#2), and “Gus Hansen Posts Epic $8.4 Million Loss” (#1).

And of BLUFF’s Top 10 videos of the year (by the great SrslySirius) just one concerned online poker -- a funny satire about the “rogue” U.S. sites presented as a “Shamelessly Honest Online Poker Ad” -- not that the format really lends itself to reports focusing on the online game. Though it does lend itself readily to lots of grins (check all of ‘em out).

(Have to say I’ve yet to listen to the TwoPlusTwo Pokercast’s episode recounting their Top 10 list of poker stories from 2013 -- I’m looking forward to seeing how Mike and Adam constructed their list.)

Glancing at PokerScout’s rankings of online poker traffic here at the start of 2014, PokerStars predictably continues to reign supreme with about eight times the traffic of the nearest competitors with the iPoker network -- which includes sites like William Hill Poker and others -- currently leading the chase pack.

Searching the rankings for U.S.-facing sites, Bodog/Bovada continues to find a place in the upper half of the list (according to PokerScout’s best estimates). But all of the others are unsurprisingly way, way down the page, with traffic in the hundreds (or tens).

I suppose comparing these lists could be said to highlight the American-centric nature of the poker news sites (or at least the ones I tend to visit). In terms of people actually playing online poker, there aren’t too many Americans doing so. Thus stories about online poker have become predictably scarcer on the news sites on which Americans do a lot of the writing and reading. (Indeed, that the return of online poker in the U.S. has topped some lists indicates as much as well.)

That said, it’s interesting also to think about how online poker has moved away from the center of the poker world over the last several years, in particular since Black Friday. I haven’t gone back to see, but I’d wager most “top poker stories” from a few years ago were related to online poker in at least a tangential way, with the online game seemingly affecting just about every aspect of the game not that long ago.

But now online poker is over to the side, big picture-wise. Will be interesting to see if it ever returns to the center, and if so whether that happens sooner or later.

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Thursday, August 29, 2013

Defending MyStack

On the way home from Florida yesterday I listened to the latest episode of the always interesting and entertaining Two Plus Two Pokercast (episode 283). Mike Johnson and Adam Schwartz spent a lot of time at the beginning discussing this week’s tournaments down at the Seminole Hard Rock, focusing in particular on the $100K WPT Alpha8 Florida event I’d been there to cover and the $10 million guaranteed SHRPO Main Event that finished up yesterday.

During the discussion of the SHRPO ME the pair became very critical of the PokerNews MyStack App, kind of railing against it somewhat unfairly, I thought, although it seemed as though their comments were based on a misunderstanding about PokerNews’s coverage of the SHRPO ME. (By the way, I was not there for PN, but rather reporting on the Alpha8 for the World Poker Tour.)

Used to the usual full-blown live reporting, chip count updates, and reports of results that PokerNews generally provides for tournaments, I think Mike and Adam were expecting something similar when it came to this event, although in truth PokerNews didn’t send a full crew to Florida, instead only having Rich Ryan file some feature stories each day (which I thought did a pretty good job of updating readers about what was happening day-to-day). That is to say Rich wasn’t doing the typical live reporting of hands and action nor was he updating chip counts, although the PN site did enable the MyStack app to be used by players if they wished.

Rather, the SHRPO hired a team to do the live reporting which could be found on their own website. Included in that coverage was a feed that came via PokerNews included player-entered MyStack updates, which I think understandably caused some confusion for those who casually followed the coverage on the SHRPO site.

At a glance one saw a list of chip counts on the front page of the SHRPO site (with “MyStack App Chip Counts” noted above), but those were only the counts players had been entering with the app. In fact, even though the tournament ended yesterday, that list is still visible on the landing page, although now with no players listed as I assume the feed has been stopped.

So the same list of “MyStack” counts was being shown on the SHRPO site and over at PokerNews as the tournament played out, but that list was never a full one and was a little misleading insofar as it looked like a regular chip counts list but only included a small percentage of players in the tournament.

Meanwhile the SHRPO team was providing their own counts -- gathered by their reporting team -- which did not incorporate the MyStack counts. This is where some misunderstanding arose, I’m sure. If one poked around the SHRPO site one found two sets of counts, but only the reporter-created one was really representative of the tourney (i.e., had the leaders’ counts and most players’). I only casually followed the coverage on the SHRPO site while reading a lot of Rich’s articles on the Main Event along the way, but I saw enough of the set-up to understand why it could be confusing, and why Mike and Adam sounded a little frustrated about following the counts from the event.

Like I say, in Mike and Adam’s brief discussion about the chip count issue they spent most of the time dismissing the MyStack app as a worthless tool that hurt rather than helped tourney coverage. But in my view they arrived at that conclusion incorrectly, basing it on the probably not-so-great experiment with the app that was tried at SHRPO. The fact is, the app was used to great effect all through the WSOP (I thought), where the players’ chip counts updates were incorporated into those being entered by those of us reporting on the event. (I wrote about the app back in May when it was first introduced.)

In their discussion Mike and Adam seized on the example of Terrence Chan having entered his chip count at some point with the app, then later busting from the tournament and not bothering to update his count to reflect he was out of the tournament. Since the MyStack counts weren’t being incorporated into a larger, reporter-updated list of counts, his stack was never changed to “0” and thus gave the wrong impression that he was still in the tournament.

That was not a problem at the WSOP this summer, because if the same scenario occurred with Chan one of the reporters would bust him from the counts. Other issues with the app that Mike and Adam described -- e.g., players reporting themselves as having more chips than they actually had, players not reporting chip decreases and only increases, etc. -- weren’t really issues at all at the WSOP thanks to the fact that reporters were monitoring the players’ updates and ensuring there wasn’t anything out-of-the-ordinary happening with the counts.

That’s not to say the reporting of chip counts was flawlessly performed at the WSOP -- by players or reporters -- but it did seem to me the MyStack app worked fairly well as a significant supplement to the reporting, and probably shouldn’t be rejected as worthless (especially based on how it was used in connection with the SHRPO Main Event).

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Friday, May 10, 2013

Here’s Mike and Adam

Had a chance recently to interview a couple of dudes with whom I’d guess just about anyone reading this blog is familiar -- Mike Johnson and Adam Schwartz of the Two Plus Two Pokercast. The interview is now up over at Betfair Poker, and features the pair talking about what has now become an eight-plus year run at poker podcasting.

I’ve written here many times over the years both about Mike and Adam’s original podcast, “Rounders, the Poker Show” (that ran from April 2005 to December 2007) and the 2+2-based show they’ve been doing since January 2008. A remarkable run not just for podcasting, but for poker, too, where there are very few on the reporting side of things who’ve lasted that long.

In the interview the pair start out talking about how the original “Rounders” show got started, discuss the move to 2+2, and then share some thoughts about memorable moments and guests. The conversation next moved over to consider their contribution to the chronicling the story of poker -- especially online poker -- over the last eight years. I got them to opine a little toward the end about the state of “poker media” (so to speak), too.

Regarding that latter subject, Mike brought up a point about the passion many who get into reporting on poker demonstrate, which he attributed to the fact that the great majority of those who write and report on poker play the game as well. (Such is true of the two of them.)

I think Mike’s right on that count, that is to say, just about everyone who takes a shot at podcasting about poker or writing/reporting on poker in some fashion is at the very least a casual poker player, with many being a lot more serious about the game than that. I also think that among those who end up sticking with poker reporting for a lengthy period the amount of time spent playing the game often begins to wane (something I’ve experienced), but there nonetheless still exists that ability to think about the game from a player’s perspective.

Kind of makes poker different from other sports and/or other subjects of news reporting, if you think about it, in which that overlap between participant and observer isn’t so great.

With most sports, for instance, ex-players frequently become broadcasters or get involved with the media, but they necessarily do so after their playing days are behind them. Poker, meanwhile, doesn’t really feature players “retiring” and then moving over to the media side (except perhaps when it comes to that sort of gradual sliding away from playing to which I was just referring). That is, the line between the two -- player and reporter -- is not just blurry, it’s essentially non-existent.

To build a little further on Mike’s point, when it comes to those few who have reported on poker as long as Mike and Adam have, it’s probably safe to say just about all of them have a special passion for the game that has sustained them. I know that is the case for Mike and Adam, and I think the poker community has a lot to be grateful for when it comes to what those two have contributed to the game over the years.

It was definitely fun to talk to a couple of guys with such enthusiasm for poker, not to mention take a shot at interviewing a couple of the best interviewers in poker (in my opinion). Check out the interview.

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Wednesday, February 20, 2013

Changes to the Summer Games (Olympics & WSOP)

Busy days mean I have fallen behind when it comes to listening to the Two Plus Two Pokercast, one of the few poker podcasts I check in on regularly these days (along with The Thinking Poker podcast a couple of others). Thus am I only now listening to their Episode 258 (2/13/13), the one with Dan Shak et al.

Was diverted a little by a conversation early in the show between co-hosts Mike Johnson and Adam Schwartz regarding the news (now over a week old) that the International Olympic Committee had announced that starting in 2020, wrestling will no longer be contested at the summer Olympics.

Technically speaking the IOC has only recommended that wrestling be removed from the list of summer Olympic sports, although it sounds highly unlikely it will be voted back in when the IOC meets again in September to ratify its decision and also to decide whether the 2020 games will be hosted in Istanbul, Tokyo, or Madrid. In other words, after being part of the summer Olympics since 1896 and included at every Olympics since (aside from 1900), there will likely be no wrestling happening in 2020.

You’ve probably read or heard about the general dismay being voiced at the IOC’s recommendation to remove wrestling, a sport that besides being a major part of the modern Olympics also obviously connects the present-day games with the ancient Greek games from way back in the 8th century B.C. For a humorous take on the matter, see Charles P. Pierce’s Grantland piece on the matter in which he fears Zeus might seek some form of retribution.

Anyhow, what I found interesting in the discussion on the Two Plus Two Pokercast was the way Johnson and Schwartz drew an analogy between the traditional offerings at the WSOP each summer and Olympic sports. Not pursuing the idea that far, the pair talked about how the WSOP keeps certain games on the schedule -- razz being the example on which they focused -- more for the sake of tradition than for business reasons.

Indeed, business reasons apparently forced the IOC’s hand with regard to wrestling, as the committee apparently not only factors in a sport’s popularity, but also TV ratings and ticket sales.

That got me thinking again about what events were left out of the 2013 WSOP schedule which was announced a day after that episode of the Pokercast. And how the hosts might have discussed the analogy with the Olympics a lot more had the schedule been out by the time the show was recorded.

Comparing the 2012 and 2013 schedules reveals quite a lot of changes, including events dropped and added and a lot of moving around of events, much more so than has been the case in recent years.

There are 62 events this year, one more than last year. If you look through last year’s schedule, there are exactly 48 tournaments on this year’s schedule that are identical from a year ago (same game, same buy-in). In other words, 13 of the events on the 2012 WSOP schedule did not return, while there are 14 on the 2013 schedule that don’t have an exact parallel from last summer.

Here are the events that were on the 2012 schedule that didn’t come back in 2013 (arranged by buy-in):

2012

  • $1,500 Seven-Card Stud
  • $1,500 No-Limit Hold'em, Re-entry
  • $1,500 Limit Hold'em Shootout
  • $1,500 2-7 Draw (No-Limit)
  • $2,500 Mixed Hold'em (LHE/NLHE)
  • $3,000 Limit Hold'em
  • $3,000 Pot-Limit Hold'em/Pot-Limit Omaha
  • $5,000 Mixed Max
  • $5,000 Seven-Card Stud
  • $10,000 Pot-Limit Hold'em
  • $10,000 H.O.R.S.E.
  • $10,000 No-Limit Hold'em, 6-handed
  • $1,000,000 Big One for One Drop (NLHE)

    And here are the ones appearing on the 2013 schedule that represent additions to what the case last year:

    2013

  • $1,000 No-Limit Hold'em, Re-entry
  • $1,000 No-Limit Hold'em, Turbo
  • $1,111 The Little One for One Drop (NLHE)
  • $1,500 No-Limit Hold'em, "Millionaire Maker"
  • $1,500 No-Limit Hold'em
  • $2,500 No-Limit Hold'em, 6-handed
  • $2,500 Seven-Card Stud
  • $3,000 Mixed Max
  • $5,000 H.O.R.S.E.
  • $5,000 No-Limit Hold'em, 6-handed
  • $5,000 Pot-Limit Hold'em
  • $5,000 No-Limit Hold'em, 8-handed
  • $25,000 No-Limit Hold'em, 6-handed
  • $111,111 One Drop High Rollers (NLHE)

    On that latter list you see two $1,500 NLHE events -- those represent two additional ones over and above the total number of $1,500 NLHE events from 2012. I also haven’t included the Ladies event here with its new “differential pricing.”

    Comparing the two lists reveals a couple of small changes in buy-ins (e.g., the NLHE re-entry going from $1,500 to $1,000), the switch from $10K to $5K buy-ins for a few, and the removal of the Mixed Hold’em event and the Limit Hold’em Shootout.

    No single variant was utterly removed from the 2013 WSOP schedule à la wrestling being taken taken out of the list of summer Olympic sports, although one might look on the changes and say lowball games or even seven-card stud might be endangered, relatively speaking.

    My sense, though, is that unlike the IOC which imposes on itself a finite number of summer sports (26), the WSOP probably won’t be finding itself having to choose between variants anytime soon. That is to say, should it become desirable to add something new like an Open-Face Chinese bracelet event, I don’t think doing so will mean having to get rid of something else, given the tendency just to keep on adding more bracelet events.

    What do you think of the 2013 WSOP schedule? And do any of the changes stand out for you as particularly good or bad?

    (Illustration above by John Wray.)

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  • Wednesday, October 17, 2012

    Fact-Checking; or, The Professor’s Plight

    Am still occasionally giving time here and there to ongoing fallout from Howard Lederer’s interviews for PokerNews (“The Lederer Files”) and for the Two Plus Two Pokercast (Episode 239). Have viewed QuadJacks’ “Oral History” compilation of responses, am reading Diamond Flush’s still-in-progress summary-response, have watched Daniel Negreanu’s latest rant, and have looked in on the forum discussions and op-eds continuing to pop up.

    These responses kind of remind me of all the so-called “fact-checking” that happens following each of the debates between the major parties’ presidential and vice-presidential candidates. Some of that effort is legitimately aimed at seeking corroboration (or the lack thereof) to support or challenge statements made during the debates. But a some of it -- perhaps a lot of it -- is really just spin, that is, a rhetorically-savvy way to persuade others to read a particular, desired message or intent into what was said.

    Speaking of fact-checking, there was a moment in the Two Plus Two interview with Lederer in which he instantly inspired pretty much everyone listening to engage in such. I’m talking about that moment when the “Professor” professes a kind of ignorance that Full Tilt Poker continued to deliver the “your funds are safe and secure” message to customers well after the point when it was obvious that was not the case. (I’ve written about this a little before, but forgive me a quick look back at it in the present context.)

    To review, Lederer was asked during the 2+2 interview about Full Tilt Poker’s continuing to tell customers that their funds were safe even after Black Friday. Lederer responded by saying he did not believe the words “safe and secure” were still being used in any of FTP’s communications “after April 20 [2011].” And if they were, “it happened without me knowing about it.”

    To me that was one of the more blatant bits of culpability dodging Lederer exhibited in either interview.

    For one, as just about everyone listening to the podcast knew immediately, the statement was obviously inaccurate. We all remembered how assurances to players about the return of their funds continued to appear well after April 20, 2011 via emails and forum posts by FTPDoug (Shyam Markus). Some of us also recalled the amended civil complaint, filed on September 20, 2011, which catalogued several post-April instances of the “funds are safe and secure” message being repeated.

    I included a reference to this point in a post earlier this month. There I noted how the FTP website continued to display the message until after the amended civil complaint appeared that “funds are safe and secure.” I also referred to a post I wrote on 9/22/11 called “Talk About Red Pros (More on the DOJ vs. Full Tilt Poker)” in which I included a screen shot of the front page of the FTP site, taken that day, showing the statement still appeared.

    But you don’t have to believe that. Or rather, if you want to check my facts, just take a look at the amended complaint where the DOJ makes the same assertion. “As of September 19, 2011,” they write, “Full Tilt Poker’s website stated that players’ funds were ‘safe and secure.’”

    Which means not only is the statement inaccurate, it also sounds highly insincere.

    That’s because when Lederer says he doesn’t believe FTP was saying anything about funds being “safe and secure” after April 20, he’s suggesting both that he had no idea what was posted on the fulltiltpoker.com site between April-September 2011 and that he wasn’t aware of the long list of examples of the assurance being repeated that appears in the amended civil complaint.

    The latter suggestion is especially odd to consider, given how Lederer himself is being directly charged with funneling player funds into his own accounts in that very complaint. Indeed, it is at the end of the long section titled “FULL TILT POKER’S AND THE FTP INSIDER DEFENDANTS’ THEFT OF PLAYER FUNDS” that we find the quote about FTP’s website continuing to maintain on 9/19/11 that player funds were “safe and secure.” In other words, it is beyond disingenuous for Lederer to have us believe he never read the civil complaint in which he himself is named.

    So he’s factually incorrect. And he’s not credible, either, when he explains why his facts might be wrong.

    I call this one of the more blatant instances from the interviews of Lederer ducking under a hood of supposed ignorance in order to evade blame, but it isn’t the most significant example of him doing so. And really, in the larger scheme, while Full Tilt Poker’s misrepresentation of the situation to customers during 2011 is certainly blameworthy, worse crimes were committed in order to create that situation.

    Again, I think of the debates and the so-called “fact-checking” that follows them. In some cases, those engaged in the effort to confirm or dispute candidates’ statements are being moved by a genuinely estimable intention -- i.e., to seek truth, and to hold those seeking our votes accountable for the words they say. Others are motivated by the less noble purpose of political spin, their goal being to recast objective evidence (the words that were spoken) as supporting this or that self-serving narrative.

    While I suppose some of those engaged at present in fact-checking Lederer are just piling on or following the mob, I think most are doing so with good, constructive intentions.

    Even so, at the risk of sounding overly cynical, in the end I’m afraid what we’re all mostly engaging in is a big, distracting game of trivial pursuit. The same goes for the debate fact-checkers. Most of the details of their findings will be forgotten come Election Day, and all of them will essentially buried thereafter, only to be dug up later by academics and other obscurists.

    It’s a curious text, no doubt, the two-act absurdist play in which Lederer starred in those interviews with PokerNews and Two Plus Two. Call it The Professor’s Plight, another drama helping comprise that fascinating and varied genre of theatrical works that have been produced over the last decade by online poker. About which someone will someday be writing a dissertation, I am sure.

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    Tuesday, October 02, 2012

    On the Author Function in Poker and Poker Writing

    I was in graduate school a long time. Long enough to be infected -- briefly, though significantly -- by the literary theory bug to which most of those who go for advanced degrees in English are necessarily exposed.

    I choose a disease-related analogy because in the end most of us who put aside the novels and plays and poems and even the criticism written directly about various works of literature to pick up these works labeled “theory” found ourselves momentarily disoriented as though affected by a fever.

    Part of the reason for such a response had to do with the head-spinning novelty (I think) of leaving the “primary” texts for a while -- the novels, the plays, the poems -- to read the utterly different, often confounding prose of writers with names like Derrida, Lyotard, Lacan, Bakhtin, Althusser, Spivak, Fanon, and Foucault (the philosopher, not the poker player). Then came the extreme mental gymnastics required when trying somehow to apply these writers’ ideas to the literature we were supposed to be studying.

    For a lot of us, the drawing of such connections was mostly beyond our capabilities. But we made the attempt, anyway, because it seemed like everyone else was doing it and, well, we didn’t want to be left behind. Not surprisingly, we wrote a lot of poor, confused essays as a result. And while a few found literary theory enticing enough to become a focus of their studies thereafter, most of us made our way back to the novels and poems and plays once the fever finally broke.

    That said, those courses and readings in literary theory did provide me with a few ideas that have stuck with me and proven useful from time to time. In most cases those ideas were in the form of invitations to question certain aspects of a text I might have otherwise taken for granted. You know, things like the cultural conditions under which a given work of literature is produced. Or the relationship between form and content the work exhibits. Or the way the work addresses (or doesn’t address) issues of race, class, and sex. And so on.

    One of those useful ideas -- something I probably would’ve never thought much about had I not endured and survived my theory fever -- was the significance of the author to a given piece of writing and how our ideas of the author necessarily affect the way we interpret what we are reading.

    It might seem like a simple idea, but whenever we pick up a book we typically make note of the author’s name and thus allow whatever connotations we associate with that name to shape our interpretation of what we read. Right? Even if we don’t know the first thing about the author, as we read we start to form ideas and opinions about who that person might be, and thus our response to what has been written still gets shaped by the notion that someone -- a person we think of as “the author” -- has attempted to communicate something to us via these words we are reading.

    It was an essay (actually a lecture) from the late 1960s called “What Is an Author?” by Michel Foucault that probably first introduced this idea to me in a way I could understand. That is to say, the idea that there is what Foucault calls an “author function” we tend to associate with certain kinds of writing or “discourses,” for example, so-called “literary” writing (novels, plays, poems). These would be varieties of discourse in which certain standards occur to us that make the idea of the author important or needful -- in other words, there are certain kinds of writing for which the idea of the author is more important to us than others.

    What was really eye-opening for me was the idea that Foucault proposes that the “author function” is something the reader (or the culture, which influences the reader) brings to the text and is not necessarily inherently part of the text itself.

    Foucault gives the example of scientific writing and how during the Middle Ages its validity and thus influence (as determined by readers) was often affected greatly by who authored it. But later on, who wrote an article advancing a new scientific discovery was thought to be less important than the discovery itself -- that is to say, the way the text was read and interpreted was less affected by the “author function” than was earlier the case.

    One other idea Foucault points out (and he’s not the only literary theorist to come up with this one) is how when we do start thinking about the author of a given text -- or give significance to the “author function” when we read -- that person we’re thinking about is not identical to the person who wrote the sucker. Rather, it’s a limited, skewed version of that person, necessarily shaped in the reader’s mind by the text itself as well as by other cultural factors influencing the reader.

    So “Freud is not just the author of The Interpretation of Dreams or the Jokes and Their Relation to the Unconscious; Marx is not just the author of The Communist Manifesto or Das Kapital” writes Foucault. Rather when we read, say, The Interpretation of Dreams, we think about this “Freud” fellow as we do and let our idea of that person affect how we interpret the book. But that person we’re thinking of isn’t Freud. Not really (or utterly).

    I’m not going to go any deeper into Foucault’s essay than I already have -- I’ve barely scratched the surface, if you can believe that -- but hopefully you see how just asking the question “What is an Author?” can open us up to all sorts of other questions when it comes to interpreting a piece of writing.

    I was reminded of all of this “author function” business recently after reading Diamond Flush’s announcement that Howard Lederer had backed out of his planned-for interview with her following his two long interviews with PokerNews (“The Lederer Files”) and for the Two Plus Two Pokercast (Episode 239).

    Actually, Lederer himself already had me occasionally thinking a little bit about the “author function” from things he said in those earlier interviews. For instance, when he attempts to dodge responsibility for various poor decisions by alluding to the “Operating Agreement” or the “owners” or the “board” as if they were the true “authors” of FTP’s demise who were somehow to be understood as distinct from himself.

    Or when in the 2+2 interview he responds to a question about FTP continuing to repeat that message to customers that “funds are safe and secure” well after Black Friday -- in fact, all of the way until late September 2011! -- by saying he did not believe “that those words would have been used after April 20 [2011]” and that if they were “it happened without me knowing about it.”

    In that latter case, Lederer is suggesting two wildly improbable ideas: (1) he did not read the amended civil complaint in which he himself is named which spells out several instances of Full Tilt Poker telling customers their “funds are safe and secure” and were continuing to do so on September 20, 2011 (the date of the amendment); and (2) he never once visited the Full Tilt Poker website after April 20 where the “funds are safe and secure” message remained prominently displayed until late September 2011 (i.e., until after that first amendment to the civil complaint).

    Relatedly, the whole issue of the “author function” comes up again when we think about good old “FTPDoug” (a.k.a. Shyam Markus), i.e., the apparent “author” of many of those “safe and secure” messages. His transformation into “FTPMarkus” in preparation for the launch of FTP 2.0 in November has encouraged all of us to think differently about the significance of a signature and how it isn’t necessarily to be understood as representing “authorship.”

    But it was while reading a thread on 2+2 about Lederer’s backing out of the Diamond Flush interview that I found myself thinking most specifically about the “author function,” namely thanks to a post by Pokercast co-host Mike Johnson regarding Diamond Flush herself.

    “I’m not knocking the massively important role she has played in all of this, she has been beyond invaluable,” writes Johnson. “I just personally believe that once you start interviewing the biggest names involved in the story on the record you have officially made the transition from info-leaking blogger to media member. I actually can’t think of any other media person who interviews major news personalities for public consumption anonymously.”

    Johnson’s post inspired some interesting discussion about journalistic standards, the so-called “poker media” (and whether it adheres to such standards), as well as blogs and pseudonyms. There were several direct responses to Johnson’s observation, some quite thoughtful. My friend Change100, a.k.a. Kristin (of “Pot Committed”), came up at one point in the discussion. Diamond Flush herself then jumped in with an explanation of her reasons for using a pseudonym and a defense for doing so. “It’s not the name that’s important,” she argued. “It’s the content.”

    Someone later humorously responded that “Diamond Flush is the Isildur of poker insiders.” Another made a Watergate reference by referring to her as “the Deep Throat of poker journalism.” One poster pointed out how DF has appeared on the Pokercast as a guest in the past and Johnson never insisted she identify herself there. And 2+2 Grand Poo-Bah Mason Malmuth hopped in as well to say he believes DF needs to identify herself publicly.

    Thinking again about the “author function” and how it affects our understanding and interpretation of the written word, I think this whole debate makes clear that there are certain contexts in which it continues to have great importance, for better or worse.

    I think it is interesting that Johnson’s objection to Diamond Flush’s use of a pseudonym was clearly inspired by the content of her posts which to him has reached a certain level of significance (“interviewing the biggest names involved in the story on the record”) that to him changed the nature of the discourse and thus introduced a different standard according to which the identity of the author is somehow more significant. As Johnson says of DF, “you have officially made the transition from info-leaking blogger to media member.”

    I certainly see where Johnson is coming from. And, of course, I understand Diamond Flush’s position as well. After all, I started this blog using a pseudonym -- for some of the same reasons DF says she uses one, actually -- and only when I began writing for other poker sites did I begin using my real name for a by-line.

    But really, even if a person signs his or her real name to something he or she has written, the “author” of the piece is still going to be distinct from the person who wrote it. The credibility of the piece might be affected by the “author function,” but other contextual factors have as much or more to do with credibility, too, including other texts produced by the same hand, others’ responses to those texts, as well as additional culturally-determined factors regarding journalistic standards.

    I’ve written before about how the poker world is filled with characters with multiple identities, with lots of examples of pseudonyms and attempts to participate with anonymity, and with other factors complicating what we might regard as the “author function.” And of course all of that becomes even more evident when it comes to online poker.

    There’s a lot more to say about it all, really. But I’ll sign off now. As “Short-Stacked Shamus,” that version of me who regularly -- sometimes feverishly -- writes here.

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    Thursday, September 27, 2012

    Poker Podcast Review: Full Tilt Poker's Tips from the Pros, Episode 5 -- Your Online Poker Bankroll feat. Howard Lederer

    I see the Two Plus Two Pokercast guys have conducted their interview with poker’s most interviewed subject of late, Howard Lederer. They posted the show just a few moments ago, actually. Four hours long, this one.

    As I was saying a few days back, I’ll certainly be listening in, even though I have a feeling that while there may be some new nuggets, there will be a lot that will be similar to what we heard last week in the PokerNews interview -- i.e., deflecting blame, rationalizing inexcusable decisions, selectively forgetting unflattering details, and the like.

    Before I listen, though, I wanted to share one little find I had while sorting through some old files, something that kind of relates both to the Two Plus Two Pokercast and to Lederer.

    When I started the blog way back in 2006, I was inspired to do so by a few different factors, one of which was the poker podcasts I had begun listening to just a few months before. In particular it was the Card Club on Lord Admiral Radio podcast on which the subject of poker blogs occasionally arose that got me thinking of trying something similar.

    Among those early podcasts was Rounders, the Poker Show, the one hosted by Mike Johnson and Adam Schwartz who later on would move over to host the consistently excellent 2+2 show. Those early Rounders shows were good, too, many of which focused on one lengthy interview with a poker personality. Indeed, given their track record and experience with interviewing, I do look forward to hearing how Johnson and Schwartz handled the interview with Lederer (and am inclined to guess they likely did well).

    Anyhow, just yesterday I happened to be searching for some old music files among a stack of CDs and DVDs and noticed I had a few on which there were folders labeled “Poker Podcasts.” During those early days of listening to podcasts I’d save them onto the computer before listening, and for some reason I was compelled to back those files up along with everything else.

    Looking through those folders I am seeing a bunch of old episodes of Rounders, the Poker Show as well as Card Club, Poker Diagram, The Circuit (from back when it first appeared on the CardPlayer site), Ante Up!, The Poker Edge (with Phil Gordon), and some other obscure ones like California Poker Radio, NetBettor, and so on.

    Also tucked in there are some old files labeled “Full Tilt Poker” which upon closer inspection turn out to be episodes of a kind of half-hearted attempt at podcasting by the FTP crew. The shows were all just a few minutes long and featured members of Team Full Tilt being interviewed by a host (who doesn’t identify himself) to talk about various strategy tips -- e.g., how to play ace-king, slow-playing, heads-up play, and so on. I think most were recorded either late 2005 or early 2006.

    One of those I found featured Lederer, of course. The topic? Bankroll management. I had to listen.

    “The number one consideration when it comes to bankroll management is working on your game and making sure you have the best of it,” Lederer begins. “If you don’t have the best of it, no bankroll management system is going to help you win.”

    It’s an obvious point, of course, that if you aren’t a winning player then you can’t possibly come up with a scheme to prevent your bankroll from dwindling rather than growing. Lederer follows that with a few other guidelines regarding how much you need to have in your account in order to play different games comfortably (e.g., SNGs, limit games, no-limit).

    Lederer then gets into other standard stuff about how, say, if you are a limit hold’em player you want to have a certain number of big bets in order to avoid going broke (Lederer says 500 big bets per table). He goes on to recommend “limits per session” (i.e., “stop-loss” limits) and the need to walk away once you’ve lost a certain amount.

    “Poker’s going to be there, you know, Full Tilt Poker’s going to be open,” he says with a laugh. “There’s always going to be a game.”

    The discussion then moves on to address the importance of tracking one’s play and keeping good records. “Being a good poker player takes a lot of self-honesty,” says Lederer. “Keep accurate records of how you do... those records won’t lie,” he adds. And for players who are losing overall, a check of the ledger can be especially helpful. Says Lederer, “you need to be objective, you need to be self-critical, you need to figure out what you’re doing wrong, and you need to fix it.”

    I know, I know... it’s an easy target. Still, pretty funny hearing all of this advice about how to avoid risk of ruin coming from one of those involved with losing track of hundreds of millions of dollars. By the way, there’s another episode featuring Chris Ferguson also on the topic of bankroll management advice (talking about the “The Chris Ferguson Challenge.”)

    (I’d point you to the shows on the web, but am having trouble finding them anywhere anymore.)

    Will be thinking of all of these tips, then -- about the need to keep accurate records, about the value of setting limits for oneself, about the importance of self-honesty and figuring out what’s one is doing wrong -- when listening to Lederer’s 2+2 interview.

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    Friday, July 20, 2012

    ROI at the WSOP

    ROI = Return on InvestmentWhile listening to this week’s Two Plus Two Pokercast, I was directed to an interesting thread in the News, Views, and Gossip forum in which a poster took it up on himself to figure out the ROI (return on investment) for a number of players in this year’s WSOP.

    The original post contains a chart which it turns out has quite a few errors here and there (pointed out by subsequent posters). To be honest, the actual findings aren’t as interesting to me as the whole idea of everyone being able to track exactly how many events players entered in the WSOP, and thus be able to compare their winnings to their buy-ins.

    If you visit wsopdb.com and enter a name, you can find out just how many events a particular player played. It’s not a new thing -- indeed, it’s been around quite a while -- but someone commenting on a post from last week about Viktor Blom reminded me of this search tool. (By the way, wsopdb.com is not an official WSOP site, but uses the entry lists for each event provided by the WSOP.)

    For example, by entering Blom’s name you can see which 20 events he entered this summer and how they added up to $134,000 total in buy-ins. From there you can head over to the WSOP site and look up Blom’s results, and see he cashed in exactly two events this summer for winnings that totaled $107,941. Thus did Blom have an overall losing summer as far as the WSOP was concerned.

    Terrence Chan, who cashed 10 times for $106,417, entered 27 events altogether for $69,500 worth of buy-ins. Thus was Chan blogging mid-series about his ambivalence about possibly breaking the late Nikolay Evdakov’s record of 10 WSOP cashes in a single WSOP, since for a while he was essentially breaking even despite cashing so frequently. Indeed, his 410th-place finish in the Main Event (worth $28,530) helped nudge him considerably further over into the black and thus (I hope) made the summer seem worthwhile for him.

    While Chan ultimately tied Evdakov, Konstantin Puchkov did end up breaking his fellow countryman’s record when he cashed for an 11th time in Event No. 59, the last $1,000 no-limit hold’em event. I was covering that event and remember reporting on his reaching the milestone.

    When he made the money in that event, there was an announcement in the Amazon Room commemorating the achievement, after which players at other tables were wondering aloud if Puchkov had made a bunch of min-cashes while also speculating about how many events he must have entered to have cashed in 11 of them.

    With the databases on wsop.com and wsopdb.com, those questions can be answered. Puchkov did make a couple of final tables this year -- and the final two tables two other times -- although his biggest cash all summer was just under $50K. In all he won a total of $175,461 in those 11 events in which he cashed. Meanwhile, Puchkov spent $98,000 in buy-ins for the 32 events he entered, which means he did ultimately realize a decent ROI (about 79.0%).

    Of course, none of this info includes anything to do with backing, sponsorships, or other factors that can influence poker players’ bottom lines. But it is still interesting to poke around and peruse these numbers, and revealing in some cases when it comes to discovering just how “winning” a player truly is at the WSOP.

    I imagine those considering backing other players must find such information useful if it isn’t already known. I also imagine various reasons why the WSOP and/or some players might not be too crazy about having such information made public, something I recall discussing before in a post long ago.

    But for fans and/or (occasional) stats geeks like myself, there’s a lot to satisfy one’s curiosity there.

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    Thursday, June 14, 2012

    Matros Exceeds Expectations

    Matros Exceeds ExpectationsWas listening yesterday to this week’s Two Plus Two Pokercast with Mike Johnson and Adam Schwartz, on which poker pro and author Matt Matros was one of the guests.

    Matros recently won his third WSOP bracelet in three years in Event No. 16, the $1,500 short-handed no-limit hold’em event. He won his first in 2010 in a $1,500 NLHE event, then his second last year in the $2,500 mixed hold’em event.

    I remember meeting Matros last summer and chatting with him briefly. He’s been one of those pros I’d felt like I knew even before meeting him, thanks both to his Card Player columns and his 2005 book The Making of a Poker Player.

    It was right around the start of the Main Event -- just a couple of days after he’d won his second bracelet, I believe -- when we met. I jokingly said something to him about his WSOP “going okay” so far and I remember sharing a laugh over the understatement.

    I also recall telling him I appreciated the column he had written just after Black Friday for The Washington Post, “After the Dept. of Justice shuts down online poker, a poker pro defends his game.” I wrote a little about that piece at the time in a post titled “Moving Forward (Not Starting Over).”

    There Matros thoughtfully discussed the huge change in his life the sudden shutdown of the online game was going to mean for him. He also took the opportunity in the column to provide a argument in favor of poker as a pursuit that “teaches life skills.”

    “The best players use logic, discipline, psychology, mathematics and personality to turn themselves into professionals,” Matros explained. He concluded the piece talking about a desire to work on a novel, something he thought may perhaps have more time to work on with online poker no longer available.

    “I don’t know that what I’m writing is any good,” writes Matros. “But thanks to poker, I’m doing what I want to be doing. Isn’t that the American dream?”

    It’s a persuasive column, perhaps made more so by that note of humility Matros includes with regard to himself and his own abilities as a writer and a poker player -- a couple of areas where he’s clearly gifted.

    Matt Matros after winning his third WSOP bracelet in three yearsMatros was also humble after winning that third bracelet last week. On the podcast, Johnson brought up how Matros is now 50% as far as final tables go at the WSOP, having made six of them and won bracelets three times. Johnson also noted how Matros had been quoted saying he actually felt guilty about winning a third one in three years. “You didn’t feel guilty, come on,” chided Johnson with a chuckle.

    “You don’t have to believe it if you don’t want,” responded Matros, who said he really did feel “a little bit guilty.” He then explained.

    “I mean, you’re running so many sigmas [standard deviations] outside of what you would expect in terms of your normal course of results,” he said. “I think a really good player would win, I don’t know, a half or 0.6 or 0.7 bracelets if they are playing the kind of schedule that I play. And I’ve been lucky enough to win three in three years.”

    What he’s saying makes perfect sense. One only has to look at the conspicuous example of Phil Ivey, who this summer has made three final tables already without yet grabbing for himself another bracelet.

    “I don’t feel like what I have done is deserving of the financial rewards that have come with it,” said Matros. “So in that sense I do feel guilty.” He then went on to joke about unscrupulous, incompetent Wall Street hedge fund managers making millions and how thinking of them makes him feel less guilty about the rewards he’s earned.

    You might say Matros’ attitude and understanding of his own abilities and the reality of tournament poker demonstrates a lot about his own “logic, discipline, psychology, mathematics and personality” -- those areas he identified as significant to the game itself.

    And you gotta like his modesty, too. You might say such an attitude (and perspective) probably places him a few sigmas outside what you expect to find in poker.

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    Thursday, May 03, 2012

    A Funny Thing Happened on the Way to the Forums

    A Funny Thing Happened on the Way to the ForumsAs all in the poker world have noticed by now, the popular Two Plus Two forums remain down, having been taken offline a week ago today. While the site is still up -- meaning the archives, the Two Plus Two store, and the weekly podcast are all available -- no one can log in and make new posts.

    Speaking of the Two Plus Two Pokercast, I was invited to jump in for a brief segment during this week’s show to talk about the passing of Amarillo Slim Preston. I arrive around the 1:20 mark, I believe, coming on after Greg Dinkin who co-authored Preston’s memoir Amarillo Slim in a World of Fat People. Dinkin also wrote an interesting column on Grantland this week about his experiences with Preston.

    During the early part of the show, co-hosts Mike Johnson and Adam Schwartz spent a little while discussing the forums being down, and had 2+2 “Grand Poobah” Mason Malmuth on as well to give an update. It sounds like it may be another week or so before the site is up and running again.

    As I mentioned last Friday, a hacker apparently gained access to 2+2 members’ encrypted passwords as well as their email addresses. The hacker showed an ability to decrypt the passwords as well. It sounds like whoever did it went into the moderators’ forum and posted some of the mods’ passwords, thus proving the site had been compromised.

    In that post last week I mentioned how the longer the 2+2 forums remain down, the more obvious the forums’ status in the poker world as a kind of central “meeting place” will become apparent. Mike and Adam noted on the show how a lot of poker news sites essentially take cues from 2+2 when it comes to identifying stories about which to write and even researching them, and I think for the most part they’re probably right.

    Two Plus Two OutageWe live in an age where Twitter and other types of social networking assure that most newsworthy items -- or even just gossip -- will get passed around quickly enough to grab the attention of most in a hurry. In other words, it’s not like the absence of 2+2 means the poker world doesn’t have other ways of communicating with each other or learning what’s happening. Still, it’s interesting to imagine how exactly last week’s story of PokerStars’ potential purchase of Full Tilt Poker might have gotten passed around -- and received -- had it not begun with that anonymous post on 2+2.

    On the one hand, if security issues remain, it’s certainly good for 2+2 to keep the forums down until those issues can be resolved and everyone who logs into the site can be assured their privacy won’t be unduly compromised.

    Then again, the longer the forums remain down, the more time we have to wonder about what might have happened with regard to the security breach, and maybe to start accumulating some doubts about the forums going forward. Not to mention ponder whether or not the hacker might have made off with some truly interesting (or damaging) PMs (personal messages) -- e.g., previously private information related to the many scandals in poker explored on 2+2 over the years.

    Something like that would make for some interesting poker news. Or some good gossip, anyway.

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    Thursday, February 16, 2012

    Thinking About the Big One

    The Big OneJust listened to this week’s Two Plus Two Pokercast, good as always. This one (episode 209, dated 2/14/12) featured a lengthy interview with WSOP Communications Director Seth Palansky.

    The interview comes in a couple of segments, the first one (lasting a little over a half-hour) being all about the 2012 WSOP kicking off in Vegas in late May and the second one (going for another 40 minutes) mainly focusing on the Circuit events that run year-round. The interview starts at about the 48-minute mark, if you’re curious to dial up the show and listen.

    During that second segment there was discussion of the various logistical challenges that arise at WSOP-C events, as well as some talk of the controversy regarding the “staff appreciation” fee at these events that has received a lot of scrutiny of late. For more on the latter -- really a hidden fee that has added to players’ costs without increasing prize pools -- see Todd “Dan Druff” Witteles’ summary and update regarding what has happened in the past and where things stand at present.

    For me one of the more intriguing parts of the interview came during the first segment when they were discussing the 2012 WSOP, in particular the $1 million buy-in no-limit hold’em event, a.k.a. Event No. 51, a.k.a. “The Big One.”

    Early in the interview there was some general discussion of this year’s schedule and its record-breaking 61 bracelet events, and Palansky was asked about the various factors that are considered when the schedule is drawn up. Somewhere in there the $1 million event came up and Palansky kind of casually suggested it “will get a few dozen players at most.” But then later they talked some more about it, and I was intrigued by the additional hints Palansky dropped regarding the potential field size for the event.

    Palansky noted how when the event was first announced the WSOP decided to add a caveat that at least 22 players needed to play in order for it to be an actual bracelet event. He explained on the show how that was the field size for Doyle Brunson’s first WSOP Main Event win (in 1976), which is why it was chosen as a minimum here.

    It has already been announced that they’ll meet that goal, as at least that many have confirmed they’ll be playing. They actually capped the event at 48 players -- why they did, I’m not sure -- and when speaking of the cap Palansky said “I really don’t feel there’s any chance we don’t get there.” In other words, it sounds like we should expect 48 to play in the sucker, or something close to that number, anyway.

    Palansky further added that more than 50% of those who play in the event will be amateurs or “non-poker players,” including people from the sports world, hedge fund managers, lottery winners, and Macau businessmen. The mysterious Andy Beal will be there, too, adding further intrigue. Also, when co-host Adam Schwartz suggested a line of 0.5 for the number of women playing, Palansky responded “I’ll take the over,” thus indicating at least one woman has indicated she’ll be playing, too.

    All told, Palansky expects the event to raise $5 million for the One Drop Foundation charity. Recall how $111,111 of each entry will be going to the charity (here’s the fact sheet for the event), which means there would need to be at least 45 players for $5 million to be raised.

    When Jamie Gold received $12 million for winning the 2006 WSOP ME, it was the biggest prize ever won in poker, a record that continues to stand in early 2012 I was kind of amazed to hear that the WSOP really expects that many players to participate in the event. I believe Palansky, but am still kind of shaking my head about it.

    When I appeared on “Keep Flopping Aces” last week, we discussed “The Big One” a bit and speculated about how big the field would be. One question that arose was whether or not it would sport the biggest first prize in poker history -- that is, would it exceed the $12 million first prize that Jamie Gold earned for winning the 2006 WSOP Main Event?

    If 48 players actually play, that will create a total prize pool of $42,666,672. (Incidentally, there will be no additional juice taken from the prize pool for this event beyond what goes to One Drop.) The top 20% of players will be paid in this one, and according to the payout schedule if 48 play the top nine finishers will get paid, with the winner getting 43% of the prize pool. With 48 playing, that’ll be a cool $18,346,668.96!

    If 25-29 players register, first place will be getting 48% of the prize pool, which means if 28 play, first place will earn just under $12 million ($11,946,668.16), while a 29-player field will be enough to break Gold’s record, with first getting $12,373,334.88.

    When Lou Krieger asked me on the show to predict whether Gold’s record would be broken, I said I didn’t think it would. Even though we have known since December that at least 22 have said they would play, I couldn’t imagine too many more players would be winning to part with a million clams to participate. (Or could find enough backing to do so.)

    But from what Palansky was saying on the podcast, it sounds as though Gold’s record is most certainly in jeopardy. The fact that the field will be containing a lot of “non-poker players” also indicates that the charity element more than anything is encouraging some to play poker for money that well exceeds what most poker pros would be willing to commit.

    Indeed, I expect that regardless of what the total field size turns out to be, one would have to think there won’t be that many familiar faces among the bunch. Will still be a wild one to follow, though. And I wouldn’t be surprised to see the player who manages to grab that record-breaking first prize perhaps give a little more to One Drop when all is said and done.

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    Friday, September 23, 2011

    The Culture of Poker

    Department of Justice & Full Tilt PokerAm a little bit spent with all this reading/writing/hearing/thinking about the Full Tilt Poker mess. Aren’t you? Still lots to digest. And, really, the more you take in, the more likely you are to suffer from a case of indigestion.

    I mean the last 24 hours alone have been stuffed, so to speak.

    There was NoahSD’s enlightening interview with Tom “durrrr” Dwan over on Subject:Poker. Followed by Noah’s overnight appearance on a special episode of the Two Plus Two Pokercast (also enlightening).

    Yesterday QuadJacks interviewed the reluctant attorney, Jeff Ifrah, whose firm wants to withdraw from representing Full Tilt (I believe) though he continues to represent them as they make their case to the Alderney Gambling Control Commission not to pull the plug once and for all. (I would link, but I am not seeing it on the site -- perhaps it is part of that content for which QJ is now charging?)

    Relatedly, last night came that story regarding a possible investor perhaps willing to buy the company, and all the tremendous liabilities that would go along with it.

    And today came news that the DOJ has issued a warrant to seize assets belonging to Ray Bitar, Howard Lederer, Chris “Jesus” Ferguson, and Rafe Furst (i.e., the four named in the amendment to the civil complaint). The guv’ment be going after accounts listed under the names of the first three, plus another Swiss account that is apparently connected with Furst. Read more about that at Subject:Poker, too.

    Regarding the latter, I’d been wondering about the more $443 million that had wound its way into those “FTP Insider accounts” and the suggestion (made by U.S. Attorney Preet Bharara) that the owners and board members had simply “lined their own pockets” with that loot. The more I thought about it, the more it seemed perhaps that what was really happening was an attempt to squirrel the company’s money away in places where it might be safe from seizure. Who knows, really... but it looks as though if that were the idea, it hasn’t worked out so well.

    Like so many other ideas Full Tilt Poker has had, I guess.

    Anyhow, I’m going to leave it all alone for now. Coincidentally, in my Poker in American Film and Culture class we’re about to move into the unit I call “the culture of poker” where we are starting with some 19th century texts that help demonstrate how prevalent cheating was. Indeed, how cheating was to be expected whenever one sat down at a game.

    'Forty Years a Gambler on the Mississippi' by George Devol (1887)For example, we’re reading an excerpt from George Devol’s 1887 memoir Forty Years a Gambler on the Mississippi in which he describes getting involved in a game full of cheaters on a riverboat. He knows they are “stocking the cards,” and early on loses a few bucks with three queens to another’s three aces. Then he loses some more. Then he suggests they play a little higher.

    Finally there comes a hand in which he’s dealt three jacks. It’s another set-up, he knows. But he keeps on raising, because -- as he tells us without a hint of embarrassment -- he’s kept four fives out of the deck and sneakily switches them into his hand before the showdown.

    When Devol wins the hand, the cheaters know he’s cheated. One pulls a knife and says “You are a gambler, and I want my money back.”

    “I will give it back, as I don’t want you to think I did not win it fairly” says Devol. But just as he looks like he’s about to give them the money, he pulls out “old Betsy Jane” -- his gun. He then demands they apologize, keeps the money, and it sounds like they all somehow coexisted thereafter without further incident until the ship reached its destination.

    Like I say, Devol offers no apologies. Cheating -- and a readiness to draw old Betsy Jane, if needed -- was part of what it meant to be “a gambler.” Indeed, in Devol’s apparent system of acceptable behavior, cheating essentially fits within the parameters of what it meant to play “fairly.”

    From there we’re moving to the 20th century and eventually into contemporary stories and anecdotes that reveal the changing culture of poker. Where the idea was we’d be drawing a contrast between poker’s early history and the “square game” it eventually would become.

    So goes the argument, anyway. But it’s getting harder and harder to appreciate that contrast, dontcha know?

    Speaking of, check out this trailer for the forthcoming documentary All In: The Poker Movie, which I challenge you to watch without rolling your eyes:

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