shipitfish: (poker-not-crime)

(To be bloggy again,) I'd like to point people to Lou Kreiger's coverage of former indictments of Neteller officials for money laundering (an earlier post on the same topic, and (update) actual news story).

Yes, it's former executives/directors and this isn't really an UIGEA issue per se, but it indicates some desire by the USA Attorney's offices to continue enforcing existing legislation, getting closer and closer to poker itself. (Previous actions have been against online sports book executives.)

You all keep acting like I think the sky is falling when I say online poker is doomed and it will lead to a crash of the poker economy, but the evidence is all around us. I feel like Dumbledore trying to tell everyone Voldemort is back. :)

I should note to those of you who read my journal not logged into LJ that I have begun making a few “friends only” post. They likely will become public at a later date, but will remain locked for some period. If you want to be on my friends list and have just created an account, please comment on this post to tell me so.

shipitfish: (poker-not-crime)

I am actually surprised to see that online poker sites are so quickly jumping to the idea that they will ban players from the USA from the moment the bill is signed (a Google news search for “poker” will get you more and better links than I can). The bill only makes it illegal for financial institutions to move money to online gaming sites, and the banks have a full year to comply. Yet, Party Poker, Poker Stars and Pacific Poker (via their parent company have all said that they will stop all action for USA players the moment the bill is law here. (Some stories suggest that Pacific/888 has already suspended USA activity, although W.D. has an account there and confirmed that they are letting him play.) Of those companies that spoke out, only Paradise Poker has sworn to defy the law, but that was before the others announced, so their stance may change. (Bodog made some equivocal statements that argue that they don't care, which may just be an Ayre marketing ploy.) Full Tilt is the only large site that has been noticeably quiet.

It's clear, though, that most of the bigger online sites are trying to force the hand of USA poker players. They need the business to keep the profits high. The USA market probably brings the plurality (if not the majority) of poker players to these sites. I suppose they feel that a year (or more) of uncertainty and slow attrition is worse for them in the long run. Perhaps they expect what typically happens with partially enforced and ambiguous legislation — people who really want to can get around it, but the casually interested don't bother. In other words, what happened to NYC public poker could well happen to Internet poker in the USA, and the online sites are clamouring to get ahead of that inevitability. I can speak first hand that such an outcome would be a disaster for the online poker scene.

A shrewd move — vowing to ban USA players. By jarring the players here with locked down accounts (presumably, we hope, that you can still cash out from, but that don't permit playing or depositing), they hope to spur action to seek repeal of the law. However, the company owners, mostly being citizens of countries with real representative government (unlike the USA :), probably have overestimated the people's ability in the USA to actually impact legislation, particularly to get something repealed once it's law.

I can imagine this war of attrition will go on for months, if the online poker sites hold their ground — and they now have no choice but to do so. I am flabbergasted that they put themselves in this sort of “do or die” situation in the very first news cycle. If they change their minds now or at any time before repeal or further clarification of the rules, it will be seen as a flaunting insult to the USA government; that would put them in a bad negotiating position. So, they are effectively committed to this course of action, and they committed themselves so darn early! I hope they understand the situation better than I, but I can't imagine getting a repeal of this bill easily. We're in for a long fight, and in the first 48 hours a big chunk of the online poker industry chose brinkmanship! Do they expect they can endear themselves to USA regulators this way and therefore get a better outcome?

Meanwhile, it actually hurts their standing with the players. We're left to wonder how we get money out, and they aren't making appropriate assurances to the players. Many casual players will see the news onslaught today and say well, so much for that, never giving online poker another thought. I am trying to decide if I should go home and cash out all my accounts or instead go home and play out my pending bonuses and get the last shot at all the fish that will soon be gone.

With all this, plus with NYC poker a small echo of what it once was and with no mode of easy transport to Atlantic City (I hate Greyhound and have been unable to get rides), it looks like home game poker is again the way to get a poker game without serious travel. I suddenly feel like I'm living in the 1990s again. Anyway, I hope people will take a look at my home game post; now is the time to start one, I think, and today has made me more committed than I was even last night.

Of course, the funniest part of this story is that in New York, it's legal to be a player, which is defined as a person who gambles at a social game of chance on equal terms with the other participants therein does not otherwise render material assistance to the establishment. Of course, as I read the statue, setting up my home game is advancing gambling activity and therefore probably a misdemeanor. I don't care, frankly; the irony is too great. It's legal to play at the NYC clubs (but you might get a gun pointed at you and robbed), and it's legal to play online from anywhere in New York (but soon effectively impossible to carry out because it'll be illegal for your bank to make the deposit for you). To combat my options being closed, I start running a home game because there is so little poker to chose from, and that act makes me an actual criminal even though I don't charge a rake or time charges, because it's advancing gamblingGreat, the NYPD can come get me. The fact that I'm running a home game has already been announced publicly, so hopefully this qualifies as civil disobedience. Not the most important thing to do civil disobedience over by any stretch, but we are about the pursuit of happiness around here, aren't we?

[ UPDATE: the lawyers say in the comments that I misread the statue and I defer to their judgement. Apparently, my home game is 100% legal, until I start that hefty rake I'm planning (kidding). It looks like even if I charge for food and the like, I am probably ok, at least in part because I am an equal participant with my guests in the gambling. ]

I've always been a law abiding citizen. Even though I'm opposed to the stupid drug laws, I don't personally break those laws (due to lack of interest in that activity), as many people I know do. So, my hobby coming in direct conflict with the law is really my first experience with pointless laws about my personal behavior. I must admit: I'm with the libertarians on this one.

Update:This guy on livejournal bothered to email every site he had accounts on and collected their responses in a series of comments on this post.

shipitfish: (cincinnati-kid-betting)

Although my wife cannot understand why I refuse to remove it from the TiVo, perhaps my other readers can. My wife is the biggest film buff that I know, and keeps a online movie review journal, so perhaps even she can reap some benefit from my discussion here of this film. Perhaps it will make up for it floating around the TiVo for as long as it has. A few months ago, The Cincinnati Kid aired on Turner Classic Movies. I've saved it, watching parts of it from time to time over the past few months, and I watched parts of it again this morning. I have seen it more times than any other poker movie, and I have seen just about every one of them. I do have a bit of goofy, pointless pride about my connection to this one, though, as I first saw it in graduate school while sitting in my living room in the middle of the actual Cincinnati, just after returning from a conference in New Orleans. (The actual action of the film takes place entirely there; The “Kid” himself is a transplant, hence the name.)

This movie has often been criticized, because for some, much of the “poker isn't real enough“. I actually disagree pretty strongly; I frankly think that everyone is quibbling about the wrong things.

I am going delve into some analysis of the movie, but not from the perspective you usually see it. The poker accuracy isn't all that bad, frankly, despite the years of debate about it. I think most tend to look too much at the technical details and not its thematic study of poker. I am going to hide it the bulk of the discussion behind this cut, because while the movie was released in 1965 and spoiler time has long since passed, I know that some of my regular readers haven't seen the movie, and you should before poisoning yourself with the age-old debate about it. )

The last word on the subject is that I have yet to see a better poker movie. The Cincinnati Kid shows with nuance and depth what poker is. Poker changes people's lives; it becomes a confined space where their deepest fears and aspirations manifest. The Kid, both the film itself and the character (played flawlessly by Steve McQueen) gives us a window into how poker takes hold and subtly changes people as they face the personal challenges that were once concealed, and are now made obvious in the game. If you see only one poker movie in your life, see this one. BTW, leave Rounders last on your list, as it's deeply overrated even if the poker is more “accurate”.


shipitfish: (Default)

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