Will Gas Prices Ever Come Down ?

Thursday, January 25, 2007

The State of Poker : from the PPA


The State of Poker
By Michael Bolcerek, president, Poker Players Alliance

Tonight, in an annual tradition, the President of the United States will address the Congress, his cabinet and our country on the “state of the union” and the goals of the government for 2007. It is not likely the president will include the “state of poker” among his crucial national issues. Thus, I would like to take this moment to provide an update on where poker sits today and examine how you and the Poker Players Alliance (PPA) can continue to work together to preserve and protect the game we love.

As we know painfully well, poker has come under vicious attack over the past year. We continue to learn on a regular basis about home and tavern poker games being raided by law enforcement and how charitable Texas Hold ‘Em tournaments are being shut down. Perhaps even worse, we have seen the federal government’s full force efforts to curb this American tradition from the Internet. Legislation aimed at prohibiting you from funding your online poker accounts passed the U.S. House this summer, then was quietly slipped into a port security bill, literally in the dark of night, which was signed into law on October 13. During these troubling times, the PPA has given you a voice to express your opposition to the government’s intrusive actions and to rally in a united fashion against these constitutional incursions.

The impact has been jarring, as the largest, publicly traded online poker operators shut down services to U.S. players. While many reputable sites still offer services to U.S. players, recent actions to close down payment processors and to subpoena banks are clear indications that the federal government is aggressively pushing the online gambling prohibition.

We don’t have to tell you that a prohibition won’t work, and in fact will likely cause many more problems than it aims to solve. The unintended consequences will soon be apparent and all the good intentions of protecting children, helping problem gamblers, and ensuring the integrity of financial transactions will be lost as rogue sites and unregulated payment methodologies surface to replace the trustworthy operators the government is driving out of business.

The PPA is not standing idly by. Poker should be exempt under the new law and that exemption is our primary goal. I have spent a good portion of January in Washington, D.C., meeting with lawmakers and others to get support for legislation that would provide a “skill game” exemption for poker. We hope to have a bill introduced very soon and then bring to bear the voice of more than 135,000 members of the PPA to push Congress to do the right thing. This would be a very positive development for the game. For the past year, we have been on the defensive, but now is the time to go on the offensive and get a bill introduced.

This year we will also be taking the issue directly to Members of Congress in their home districts, to truly nationalize the debate. We had a tremendous response from our members about becoming PPA grassroots representatives on the state and regional levels. Soon we will be announcing our positions across the country and engaging U.S. Representatives and Senators where they used to feel safe from facts and spirited debate.

While we are working toward the short-term goal of a poker exemption, the PPA will also be laying the foundation for the eventual U.S. regulation of online poker. This is the only proven public policy for online gaming. Licensing, regulating, and taxing online poker is technically feasible and the sensible and fiscally responsible thing to do. We will be working with others in Washington to move Congress in this direction.

Finally, we not only rely on your active participation but also on your active support to achieve our goals. Our new site now offers no cost introductory annual memberships. Please help us build our membership to enable us to deliver a full house to Congress and stop further threats to our game. Tell your friends, family, and fellow players to become members of the PPA. We also offer an ability to upgrade your membership from introductory to full membership and beyond. Our new and improved Web site, www.pokerplayersalliance.org, gives you tools and information to help our cause, as well as make it easier for you to donate to the PPA. I hope you will make a contribution at http://www.pokerplayersalliance.org/donatenow.php.

2007 will be an important year for poker. With your help and continued support we are optimistic that poker will remain a great American tradition.

Wednesday, January 24, 2007

The Neteller Lowdown

The recent decision by Neteller to cease facilitating transactions with online gambling sites for its US customers has become the largest effect to date of the UIGEA bill signed into law on October 13th , 2006. Until last week, Neteller was the most universal method for funding online poker and gambling accounts, accepted by virtually every reputable site and accessible to almost any players at those sites throughout the world (with notable exception of Marylanders in the US). Neteller's rapid decision, on the heels of arrests in the US of two founders of the company, was followed in quick succession by the loss of other smaller players in the US including Central Coin and InstaDebit, as well as Click2Pay which is no longer accepting US customers (though existing ones can still use the service). Additionally, many sites no longer offer direct debit/credit of US bank accounts, further reducing the convenient options for managing an online bankroll.
What does this mean for all the players who have money online in various poker sites, sports books, and with payment processors like Neteller? For starters, it's probably not a time to panic, sites like Neteller and Poker Stars are quite reputable, and segregate customer deposits from operating revenues, so as difficult as it may be to access funds at these sites in the short run, it's perfectly reasonable to expect to be able to get the money in the long run, either through slower methods like paper checks, or through other payment processors that are, or may become, available. Neteller is also encouraging members with a need to more quickly access their online balances to withdraw through their Neteller ATM card, though there are some fees and limitations involved, as noted here . That said, now would certainly be a good time to make a prudent assessment of your bankroll and your needs to have ready availability of some or all of it while deciding how best to manage your money online. In my opinion, the best way for a US based poker player to proceed would probably be to get a working bankroll into the sites which seem the most failsafe, in the event that deposit methods are further curtailed. This should allow US players to continue to play at the sites like Poker Stars, Full-Tilt Poker, Absolute Poker and others which seem to be in no hurry to prohibit US players from playing, even if methods of depositing money into these sites becomes more difficult in the future. Each player will, of course, have to determine how much risk is acceptable, especially when dealing with the larger sums that a regular online pro will need to maintain in order to minimize normal bankroll risk.
So, what are the options for funding accounts online now? For an up-to-date list of the most popular options and the sites which accept them, you can check out this link for an online spreadsheet which we will keep updating as things progress. The most widely accepted ewallet at this point would appear to be ePassporte which is the method of funding currently recommended by Poker Stars, and which is also available at Ultimate Bet, Absolute, and Full Tilt. By comparison to Neteller it has the disadvantage of some significant fees and slower transfer of cash from a bank account to an ePassporte account, but it does have the advantage of offering a virtual Visa card for online shopping directly from your balance as well as a physical Visa card option (for an additional fee) which allows you to spend from your online balance anywhere Visa is accepted. Also, once funded, transferring funds to and from poker sites online is fee free (with the exception of $5 annual account fee for the the ePassporte account itself), which does mean that for those players who don't need to constantly move money online from regular accounts the fees will probably be a relatively minor nuisance. A complete listing of ePassporte's fees can be found here. One ITHer's account of signing up for an ePassporte account can be found in this forum post.
For as long as ePassporte or an equivalent option remains available (new ones such as ATMonline, NUcharge and eWalletXpress have already popped up), cashing out is also probably best handled via an eWallet, but for those sites where ePassporte isn't available, or in the event of further restrictions, there are some other alternatives. For example, it is possible to fund most sites via Western Union transfers, and in many cases to cash out via this method as well. Unfortunately, this requires person-to-person transfers via Western Union which can be a bit unsettling given the potential amounts involved and the fees can be significant as well. For now, Bodog is picking up the fees for one cashout per week, as noted here, and other sites may institute similar setups if other methods of funding become more difficult. Similarly, most sites will fund an account via a mailed cashier's check or money order and will cash out via a paper check. These methods are likely to remain available for the foreseeable future, as they aren't covered by the UIGEA, but they are obviously not as transparent as online transactions, and do potentially involve the risk/hassle of payments lost in the mail. We will continue to monitor the options available and update here and on the ITH forums with any new information.
Finally, it is worth noting that the online gambling customers in the US are a large portion of the market for these sites, and despite the dearth of options currently available to US players to fund these accounts it is reasonable to expect that the sites that continue to do business in the US will provide alternatives. Likewise, as with any new business, it is essential that those customers do appropriate due diligence and be wary of potential scams and fly-by-night operations. Neteller's withdrawal from the US certainly makes this landscape more uncertain, but with the resources available here and elsewhere we hope to be able to provide you with enough good information to make intelligent decisions about how to continue with your online poker hobby/profession.
In the interests of maximizing the information available to all players, here are a few more useful links about the legal issues surrounding online gaming, as well as specific references about some of the current funding alternatives.
At ITH, you can find up-to-date information on legal issues in the Poker Legal Issues forum, and a similar resource can be found at 2+2's Poker Legislation forum.
For general information about account funding alternatives there's this ITH thread as well as the previously mentioned online spreadsheet. There are also specific threads about ATMonline and ePassporte. The General forum and Poker Bonus Chasing forum at ITH are where any new information will first appear when we get it. 2+2's Internet Gambling forum also has a number of threads about specific poker rooms/payment processors.
CompatiblePoker.com has updated information on many of these issues as well as a list of US-friendly poker sites here, and Gambling911 offers coverage of breaking news as well.

Sunday, January 21, 2007

U.S. Cracking down on Banks ?

HSBC, Dresdner Kleinwort, Credit Suisse and Deutsche Bank are among the banks which have been issued with subpoenas in a shock and owe crackdown on online gambling investors by the US DoJ.

THE US Department of Justice has ordered the world’s biggest investment banks, accountants and law firms to hand over all e-mails, telephone records and papers connected with internet gaming firms as part of an investigation into illegal online gambling in America, the Sunday Times reports.

According to Jenny Davie of the Sunday Times the subpoenas do not reveal whom the Department of Justice is targeting. But some believe the ultimate goal is to find information incriminating the founders of the online gambling firms.
This investigation is likely to ignite a confrontation of unparalleled magnitude between the United States and the United Kingdom governments.
"The Department of Justice has taken a shotgun, not a rifle approach in relation to lots of gaming companies and has just asked everyone to hand over all the information they have.” A source of the Sunday Times said.
All investors in publicly traded online gaming companies may be affected by this investigation, described as one of the biggest “fishing expeditions” ever undertaken by the Department of Justice.
The United Kingdom government is unlikely to seat by the sidelines and watch the Americans chase and arrest investors in the attempt to seize their assets.
The Unlawful Internet Gambling Enforcement Act, which seemingly sparked this investigation, contains exceptions which make it void and null in any international Court of Justice outside the U.S.
Exceptions such as interstate horse racing online betting and intrastate online gambling among others will contribute to repeal future money laundering charges, the U.S. DoJ preferred legal shortcut to obtain extradition of non U.S. citizens from other sovereign countries.
Interestingly enough the IRS allows illegal bookmakers to file their tax return imposing a 2% flat tax on the bookmaker’s handle (business volume) and guarantees that no information will be disclosed to other government agencies, making the U.S. government beneficiary of illegal proceeds and direct accomplice of the laundering of monetary instruments upon acceptance of taxes.
“The U.S. Department of Justice recent determination to catch up after 15 years of inaction should draw everyone’s attention.” A well known bookmaker who wishes not to be named told TheOnlineWire.com. “What they are doing is directly linked to the exceptions contained in HR 4411 [The Unlawful Internet Gambling Enforcement Act]. They [U.S. Department of Justice] are probably preparing the grounds for an onshore online gambling monopoly, making sure that no one other than the ones who originally lobbied for the exceptions will benefit from it.”
“Think about it, the DoJ resources aren’t unlimited.” Our source continued. “It takes someone very powerful to sponsor, promote and ensure that such wide range investigation gets off the ground.”
Needless to say current and former investors in publicly traded online gambling companies should not travel to the United States at any time and for no reason whatsoever to avoid possible legal consequences that may range from questioning to arrest.
Current and former investors should also be warned that the United States government may seek seizure of their assets in the United States.

Thursday, January 18, 2007

Neteller Founders Charged after Sting by FBI

Neteller founders charged after sting operation by FBI

Stephen Lawrence and John Lefebvre, founders of Neteller, the UK-listed online payments company, were last night charged with conspiracy in connection with a multibillion-dollar money laundering scheme linked to internet gambling.
The pair were arrested on Monday after an FBI sting operation discovered that Neteller was being used to allow Americans to place illegal bets on sporting events via internet gambling companies based in foreign countries.
Mr Lawrence, 46, who lives in a luxury home on Paradise Island in The Bahamas, was arrested in the United States Virgin Islands and has been ordered to appear later today in the federal court of St Thomas.
Mr Lefebvre, 55, was arrested at the same time in Malibu, California, and was expected to appear in Los Angeles federal Court last night.
Neither Mr Lawrence nor Mr Lefebvre were available to comment in response to the allegations made in the indictment. If found guilty, the pair face 20 years in jail.
The seven-page indictment, filed in New York last night, claims that the pair set up Neteller in 1999 with the express purpose of providing online payment services to gambling companies. The indictment also claims that between 2000 and 2003 Neteller Inc, a Canadian corporation, offered payment services to various internet gambling companies so that they could illegally access customers in the United States.
From 2004 to the present day, the same operation was conducted by Neteller plc, an Isle of Man-based company which in April 2004 raised some $70 million via a listing on London’s AIM. An agent with the FBI named in the indictment claims she used Neteller as a middle man between her US-based bank account and an offshore internet gambling company.
Shares of Neteller were suspended on AIM yesterday before the indictment was released as the company was seeking clarification of its status with US authorities.
A spokesman for Neteller stressed that the founders were no longer employees or directors of the company. “Because of that, this arrest has nothing to do with the company,” he added.
Mr Lawrence resigned as a non-executive director of the company on October 13, having stepped down as non-executive chairman last May. Mr Lefebvre resigned as a non-executive director on December 15, 2005. However, the pair still own large stakes of Neteller. Mr Lawrence holds 5.91 per cent of the company, while Mr Lefebvre owns 5.54 per cent.
Neteller claims to operate the largest independent online money transfer business in the world with 3 million customers in 160 countries and over $7 billion in annual transactions.
It specialises in providing instant payment services where money transfer is difficult or risky because of issues of identity, trust, currency exchange, or distance. In the past, it handled funds for online gamblers in the US but it is said to have stopped the practice when tough new laws banned internet gambling in America last October.
Last year authorities arrested a number of prominent executives for breaching US gambling laws, including two from Britain. David Carruthers, the former chief executive of BetOnSports, was arrested in July while Peter Dicks, former non-executive chairman of Sportingbet, was arrested in September.
Other arrests
July 2006 David Carruthers, chief executive of BetOnSports, the AIM-listed bookmaker, is arrested in Dallas
Sept 2006 Peter Dicks, then Sportingbet chairman, is arrested at JFK airport in New York, on request of Louisiana state authorities
Sept 2006 Manfred Bodner and Norbert Teufelberger, joint chief executives of Bwin, the Austrian internet betting group, are detained in Monaco on charges of violating France’s internet gaming laws

Thursday, January 11, 2007

New Virus

Emails with pictures of Osama Bin-Laden hanged are being sent and the
moment that you open these emails your computer will crash and you will
not be able to fix it!

If you get an email along the lines of "Osama Bin Laden Captured"

or "Osama Hanged" don't open the attachment.

This e-mail is being distributed through countries around the globe, but
mainly in the US and Israel .

Be considerate &send this warning to whomever you know.

PLEASE FORWARD THIS WARNING AMONG FRIENDS, FAMILY AND CONTACTS:

You should be alert during the next days:
Do not open any message with an attached filed called

"Invitation" regardless of who sent it.

It is a virus that opens an Olympic Torch which "burns" the whole hard
disc C of your computer.

This virus will be received from someone who has your e-mail address in
his/her contact list, that is why you should send this e-mail to all
your contacts.

It is better to receive this message 25 times than to receive the virus
and open it.

If you receive a mail called "invitation", though sent by a friend, do
not open it and shut down your computer immediately.

This is the worst virus announced by CNN, it has been classified by
Microsoft as the most destructive virus ever.

This virus was discovered by McAfee yesterday, and there is no repair
yet for this kind of virus.

This virus simply destroys the Zero Sector of the Hard Disc, where the
vital information is kept.

Tuesday, January 02, 2007

Interview with Annie Duke



Interview with Annie Duke

By Steve Marzolf


A life-long card player, Annie Duke has cemented her place among the poker greats by winning the Tournament of Champions and ranking as the top female money winner of all time. From her home in Portland, Ore., she describes the role of her brother, Howard Lederer, in her success and explains why she’ll never coach another celebrity.
Annie Duke

You’ve been playing cards since childhood, is there a memory that stands out?

“I remember throwing cards a lot when I’d lose. Basically, the deal with our family was that was our social time. Some families sit and watch TV or go skiing or mountain-climbing. We played cards.”

You were in New York when your brother, Howard Lederer, was getting his game going. What did you think as you watched him start out?

“He moved to New York to pursue chess because he wanted to become a master. It was a pretty interesting time, because he disappeared for a while. We didn’t really know where he was, and he was spending his college fund on poker. I actually found him. I was doing an independent study in New York when I was 16, and I ran into him on the street. I was like, ‘Whoa. Where have you been?’ We were all really worried about him because he’d descended into this strange world that we didn’t know about, and he really lost a lot of money to begin with. When I was a freshman in college, he started having some success. I was a college student, so a little bit of money seemed like a lot to me. And he let me take a stake in his game.”

How old were you guys at this point?

“He was 20, and I was 18. Occasionally, he’d walk up to me and hand me $400. Eventually, he was living in a really nice house in New York, and at 23 he went off to the World Series and came in fifth. Then we all thought it was great. In the beginning, he had a really rough start and had to pay his dues. By the time I came around, he’d already made all these mistakes and really stopped me from tripping over myself when I started to do the same thing.”

You went to Columbia and Penn, did you get a Master’s?

“I almost got my PhD., as a matter of fact.”

What did you want to be when you grew up?

“That was the thing. I was in New York in the ‘80s in college. I had a great time, but I wasn’t really making a lot of career decisions unless ‘career’ meant going out to clubs. Through all of that, I still managed to get great grades. But, when the end of college rolled around, I was like, ‘Oops. What am I supposed to do now?’ So, I really just went to graduate school for lack of a better life decision to make at the time.”

Maybe the most popular reason to go to grad school.

“Yeah. I was good at being a student, so I figured, ‘Ok, I’ll just do this.’ I’m very type-A about things, so I got into UPenn, and I applied for an National Science Foundation Fellowship and got it and ended up with a C.V. that was about eight pages long, presenting papers around the country. I was doing the student thing really well, but just not being happy with it. I remember when I was 22, which was the second year of grad school. It was the year after my brother had done well that first year at the World Series. He said, ‘Oh, you should come out; it’ll be fun.’ We were in the coffee shop at Binion’s, and he took out this napkin, wrote the hand values down, gave me a couple hundred bucks and sent me over to the Fremont. I did well, and my brother was really proud of me and started bringing me out every year for the World Series.”

And you went back to school after that first trip?

“I remember when I came back to graduate school after that first year, I was like, ‘You almost lost me. I almost didn’t come back.’ But, I continued and applied for a bunch of jobs and got a bunch of job talks. When I went to do my first job talk, I started throwing up. Like, ‘This is what life is going to be like. I’m not just delaying things anymore.’ I was so type-A that I really felt such a deep obligation to the people that I was working with. So, I started throwing up and ended up in the hospital because it was really the only way I could get out of it at that point – in my mind. Now that I’m older, I realize you can just say, ‘No, it’s not for me,’ and walk away.”

What did you do after that?

“I moved to Montana with my then-husband, and all the sudden I’m living in this $125-a-month house that’s made of chicken wire and stucco and has no foundation. There’s a leaky roof, and we’re having trouble paying the bills. I went, ‘What the hell am I supposed to do now?’”



You didn’t leave academia for poker?

“No. I was just like, ‘I have to get out of what I’m doing now.’ So, I called my brother up, and I was like, ‘You know, Howard, there are these games in Billings, in these bars. They play $10-$20, and maybe I could make some extra money.’ He sent me some money, and I started off playing in Billings. I drove the 45 minutes to go play, and my husband was very suspicious about it. It took him a really long time to understand it wasn’t just a hobby. And, in the first month, I won like $2,800.”


When you’re broke, that’s a lot of money.

“Yeah it is. I descended into this back room in the Crystal Lounge, among these 60-year-old ranchers, when I was in my mid-20s and very vivacious and giggly. Some of them became great friends, but most of them didn’t like me very much. I took terrible abuse. But, I never wavered. Then, the next year, my brother said, ‘You should come down for the World Series.’ I ended up in the final event and knocked my brother out the first day, which was devastating. It was the only other time I cried at the table besides the Tournament of Champions – they both have to do with knocking my brother out. The first time I really felt like that was so much more important to him, and I was just an interloper, taking away his dream. I came away from that first World Series with about $70,000, and my brother said, ‘You need to move down to Las Vegas.’ What was interesting about it was that I loved playing poker, but it was my brother who kept saying, ‘You’re going to become the best female player in the world.’”

Of course, I have to ask you about coaching Ben Affleck.

“I don’t talk about that in interviews. I’m done talking about that. I’ve talked about it until I’m blue in the face.”

That’s understandable. Do you think you’ll coach another celebrity?

“No. It took way too much of my time. It just takes a lot of time to coach somebody and make them a good player. And, I’m not just going to take somebody under my wing and be like, ‘Yeah, whatever, here are some tips.’ If I’m taking that responsibility on, I’m really going to teach them. And it’s just too much.”

You’re past the point in your career where it’s worth it?

“Yep. Exactly.”

You’ve written articles geared toward female players. What are a few guidelines all women should follow?

“I actually just did a DVD that’s going to be coming out soon that’s specifically for women. First of all, just have a thick skin, because you’re going to take more abuse than anyone else at the table. Poker isn’t considered a workplace, so there are a lot of overt, sexually inappropriate things that get said to you. The other thing is that poker is a game of high stress because there’s real money being lost and won. And, when people are under stress, they’re going to vent that on somebody. When they’re looking around the table, do you think they’re going to get on Bubba’s case? No – they’re going to get on your case. You’re not going to take them outside and beat them up.”

What’s one of the worst things anyone’s said to you at the table?

“I remember when I was in Montana, there was a guy sitting across from me when I lost the pot. He looked at me and said, ‘That’s ok, honey. You can go across the street to the hotel, stick your feet up in the air and make all your money back.’ I was like, ‘Goddamned pigs …’

Like losing the money isn’t bad enough.

“Right. But, you can use that to your advantage. The main rule of thumb is that if someone is mistreating you, make sure you don’t bluff them too much and make sure you call them more often because they’ll be trying to bluff you a lot. If it’s somebody who really wants to sleep with you – which has certainly come across a lot – understand that they’re not going to be betting against you very hard and they’ll be easier to bluff. They don’t want to beat you; they want to take you to bed. You just need to understand that while you’re going to take more abuse at the table, people are more likely to be emotionally invested in your presence, whether in a sexual or chauvinistic way. And, whenever people are emotionally invested in your presence at the table, they’re going to make worse decisions against you.”

You’ve said in the past that being a woman was important to your success.

“Oh, yeah. For a long time, I got a lot of press for not really having the results that warranted it. That’s not to say that I wasn’t making money. It’s not to say I wasn’t a winning poker player. But, was I as good as a lot of other players who were getting ignored? No, not at all. But, the fact that I had such an anachronistic story – people were shocked that I had four children at home and worked …. People would gripe about that, saying, ‘Why does she get all this attention? She isn’t as good as so-and-so.’ And my thing was, when you’re talking about media and fame, it isn’t always about who’s the best. We all can think of movie stars who aren’t particularly good actors. And, I never really had an issue with that. I was very thankful for it, because I’ve made a lot of extra money in my life because of that. I always had a realistic view of what my skill was and why I was getting the media attention. At this point, I have an interesting story, but God knows I have the chops to back it up.”

Do you ever worry that by competing so well and getting people used to the idea of a dominating female poker player that you’re opening the door to women who could water down the character of you the media has latched onto?

“First of all, more power to them if they do. And, the lucky thing for me as far as that goes, I’ve got a Doyle Brunson thing, like, whoever came up after Doyle Brunson, he was always the first. He’s always going to be famous, and he’s always going to be the granddaddy of poker. I’ve got that. I was the first female who ever became famous for playing poker, and whoever comes up behind me, I hope they become stars. And, if my time comes where I’m not famous anymore, you know, I was really happy before I became famous, and I’ll be really happy afterwards.”

What do you think of all the limelight and attention poker’s getting? What’s the future of the game?

“I think there’s a little too much of a proliferation of poker shows right now, and some of the production value isn’t that great. I think things need to be consolidated into a more PGA-like situation. I think there needs to be one recognized, legitimate tour where people are earning their way and it’s not just open amateur events all the time. The fact is that if there’s one thing the ESPN coverage proves, it’s that the viewing audience craves stars. They want to have heroes in the game, and when you have these large open events, you just can’t guarantee that the people your viewing audience wants to see are going to end up at your final table.”

One last question: Do you get a ton of poker dudes hitting on you?

“There’s a lot of stuff on message boards about me being a ‘milf.’ I just got an email the other day that was like, ‘Have you ever considered posing for nude photos? Because I think a lot of guys and some girls would really think that was great, and you could make some extra money, not that you need it. Just in case, because I’d really like to see you naked.’ Ninety percent of the people who post think I’m super hot, and the other 10 percent are like, ‘No, she’s hideous.’ I’m just glad it’s 90-10.”

Referal