2012 Nov 5

The Nightly Turbo: Chad Elie Calls Out Lederer, Online Poker Bill Opposition, and More

In early October, former online poker payment processor Chad Elie was sentenced to five months in prison. On Friday, Elie tweeted using the handle “BlackFridayChad.” Find out what he tweeted in tonight’s Nightly Turbo.

In Case You Missed It

Max “$kill Game” Weinberg took down the PokerStars Sunday Warm-Up II. Find out who else had success on Double Vision Sunday in this week’s Sunday Briefing.

Dan Cates took down the PokerStars All-Star Showdown. Find out who he defeated en route to the title here.

Lillian Chan finished Day 1c of the 2012-13 World Series of Poker Circuit River Rock Main Event as chip leader. Find out who else survived to make Day 2 here.

The Seat Open series continues with WSOP bracelet winner Jonathan Aguiar. Find out about his early days and more here.

DraftKings.com is linking up with PokerNews to bring you some great same-day fantasy sweats. Find out how to get in the action here.

Chad Elie Tweets Torpedoes of Truth

On Friday, Chad Elie, who was recently sentenced to five months in prison after pleading guilty to conspiring to commit bank fraud and operating an illegal gambling business in the United States, tweeted the following:

Elie followed his first tweet up with a picture of a memorandum letter from Tom Goldstein, creator of the SCOTUSblog, which explicitly says that “Transfers of funds related to on-line poker that are conducted accurately and transparently (including through accurate credit card coding), and pursuant to any license required for transferring money, are lawful.”

Over the weekend, Elie interacted with various new Twitter followers, and agreed to do an exclusive interview with independent poker journalist Diamond Flush. His main target was Howard Lederer, who stated in The Lederer Files that he never met with a payment processor.

There’s a thread on TwoPlusTwo.com titled “Chad Elie on Twitter,” in which “BFChad” has made a few posts. There is no confirmation yet that this is actually Elie, but a moderator will surely confirm or deny the user’s identity soon.

Elie is due to report to prison on January 3rd. You can read all of his tweets here.

Antigua’s Against Reid-Kyl Bill

According to the Las Vegas Review-Journal, the Caribbean nation of Antigua and Barbuda is strongly opposed to legalized and regulated online poker in the United States. In 2004, Antigua filed a complaint with the World Trade Organiztion (WTO), claiming that U.S. laws against online gambling violated an international trade treaty. Antigua won, but the two countries never agreed on a settlement package, and the small island nation has yet to be compensated.

If the current online gambling bill being scripted by Sens. Harry Reid (D-Nev) and Jon Kyl (R-Arz), passes, Antiguans wouldn’t be able to gain a license. Mark Mendel, an attorney representing Antigua, believes that passage of the Reid-Kyl bill would worsen trade relations between the countries. The U.S. government has stated that it never intended to include online gaming in its commitments to the WTO.

The Reid-Kyl bill actually makes mention of the WTO ruling, calling it “erroneous.”

Antigua wishes to receive $3.4 billion in countermeasures. The U.S. argues that it should be less, and in 2007, an arbitrator ruled that Antigua as entitled to no more than $21 million annually.

If passed, the Reid-Kyl bill would give the U.S. 180 days to resolve the dispute with Antigua and bring a close to a decade-long trade dispute. Antiguan representatives are encouraged that there’s a timeframe in place, but is displeased about being stonewalled.

The LVRJ has more.

Nuclear Blast Poker

Love metal music? Play poker? Well, let us introduce you to Nuclear Blast Poker.

In cooperation with kuuluu AG, Nuclear Blast has launched Nuclear Blast Poker, a free-to-play social platform integrated with online poker. Metal fans can interact, style their avatar, and listen to the newest music releases all while playing poker with their friends.

Players can play both tournaments and ring games (with virtual chips), and compete for experience points. Metal fans can also compete against some of the biggest artists in the industry, including Scott Ian of ANTHRAX and Damian Wilson of THRESHOLD.

Said Ian, “I love poker and I love music. Putting the two together is like introducing girlfriends. Could be heavenly or may be all out war.”

As a welcome gift, players who sign up before the end of December will be placed in a “registration lottery” to win a signed artwork on canvas from NIGHTWISH‘s latest album and upcoming movie Imaginaerum.

Check out Blabbermouth for more.

Ante Up Magazine Analyzes The Lederer Files

Love it or hate it, The Lederer Files had an impact on the poker world and instantly became one of the most-watched interviews in poker history. Debate and analysis of the seven-hour interview continues still today, nearly two months after airing. The latest to take a look at The Lederer Files is Ante Up Magazine, which has devoted a significant portion of its November 2012 issue dissecting the interview.

In the issue, Brian Fons, an attorney with Corporate Creations Chicago LLC, offers an analysis of PokerNews’ The Lederer Files, while simultaneously exploring the legal issues associated with California LLCs and segregated accounts.

“There’s generally no liability to the members of a California manager-managed LLC,” Fons explained. “However, the managers must make decisions on large issues to protect the members. They could be liable if they approved distributions when the company was short on cash. This is called a ‘fraudulent transfer.’ Fraud seems to indicate some criminal behavior, but no criminal charges have been levied against Lederer or Ferguson. That may still happen as the DOJ gets more information. They also can be liable if they made reckless or extremely bad decisions that would knowingly hurt the owners. This type of criminal and civil charge was brought against the board of directors in the Enron collapse.”

What’s more, Ante Up columnist Joel Gatlin looked at the impact of The Lederer Files on the online poker scene. “The new Full Tilt site is scheduled to be up and running this month and Gus Hansen has been tagged as the new face for the company,” Gatlin said. “This is great timing for Gus and Full Tilt, because Lederer also mentioned Hansen in his interview, saying he was the most vocal member of the old Full Tilt when it came to protecting the players.”

Both articles can be found in the November 2012 issue of Ante Up Magazine, which is on stands now. You can also read the issue online.

I Bet My Life

The series premiere of I Bet My Life, which documents Liv Boeree and Kevin MacPhee on the tournament circuit, aired last night in the United States. Here’s the trailer if you missed it:

Follow PokerNews on Twitter for up-to-the-minute news.

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The Nightly Turbo: Chad Elie Calls Out Lederer, Online Poker Bill Opposition, and More

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2012 Aug 28

Five Thoughts: Poker is (Still) a Game of Skill

Last Tuesday, Judge Jack Weinstein of the U.S. District Court for the Eastern District of New York filed his opinion in the case of the United States of America vs. Lawrence Dicristina. Dicristina was charged with operating an illegal gambling business because he hosted poker games, and the prosecution claimed that he was violating the Illegal Gambling Business Act (IGBA).

The IGBA defines “gambling” as:

“Include[ing] but . . . not limited to pool-selling, bookmaking, maintaining slot machines, roulette wheels or dice tables, and conducting lotteries, policy, bolita or numbers games, or selling chances therein.”

There is no mention of poker in that statement.

Judge Weinstein’s 120-page opinion touches on subjects such as the win-rate of king-nine offsuit, but more importantly, the conclusion could change the landscape of poker in America forever:

“Neither the text of the IGBA nor its legislative history demonstrate that Congress designed the statute to cover all state gambling offenses. Nor does the definition of “gambling” include games, such as poker, which are predominated by skill. The rule of lenity compels a narrow reading of the IGBA, and dismissal of defendant’s conviction.”

Well, it’s about damn time.

1. Poker is (still) a game of skill

Colin Cowherd, host of The Herd on ESPN Radio, is one of the most popular sports talk radio hosts in the country. The day after Judge Weinstein offered his opinion, Cowherd led his nationally syndicated show with this monologue:

“This is the strangest opening ever to my show. I’ll never ever ever open with this topic again. It’ll never happen. I don’t even play this sport. I’m not even into it. I certainly don’t watch it. But something happened yesterday that’s good for America…I don’t play poker. I’m not into it. But can I tell you that yesterday somebody finally got it right. Now, I lived in Vegas for seven years, so I’ve always been a little more pro-Vegas than everybody else – and I’m not going to spend a ton of time on this – but yesterday, a judge in Brooklyn got it right. Federal Judge Jack Weinstein gave poker players a winning hand yesterday. He ruled that poker is a game of skill, not luck, and, therefore, legal under federal law. Finally, a federal judge got it right…You can’t make a living on luck. Bill Belichick is lucky. Belichick had a losing record in Cleveland, was 5-11 in New England his first year, and 0-3 the second year. [Drew] Bledsoe out, [Tom] Brady in. One hit knocked out Bledsoe. Suddenly, Bill’s a genius…Nobody makes a living – and a healthy one – on luck.”

Cowherd reiterated his opinion later in the show, and professional poker player Aaron Steury uploaded it onto his YouTube page.

Cowherd is spot on and his analogy about luck in sports is very appropriate – especially in the NFL, which is arguably the most popular sport in the country. There is a lot of variance in the NFL because the schedule is so short (9.8 percent the size of the MLB schedule, and 19.5 percent of the NBA and NHL schedule), yet Super Bowl champions are immortalized.

In poker, if a player wins four flips in a row, we call them a luckbox. In sports, if a team wins four miraculous games in a row, we call them gritty, tough, and clutch.

Cowherd misspoke when he said that poker is now legal under federal law however – PokerNews’ Matthew Kredell states that, “a judge in another district could also make a ruling contrary to Weinstein’s at any time.”

There is hope that Weinstein’s decision will set a precedent, however, because, according to Kredell, Weinstein is a well-respected senior judge, and was appointed by President Lyndon B. Johnson in 1967.

The “rule of three” is one of the most common principles of storytelling. There’s the Three Little Pigs, Goldilocks and the Three Bears, Three Blind Mice, Ebenezer Scrooge is visited by three ghosts in A Christmas Carol, the wicked Queen attempts to kill Snow White three times, and Harry Potter is littered with examples of the rule of three, including the trio of protagonists: the three Deathly Hallows, the Triwizard Tournament, etc.

Judge Weinstein’s decision is the third key act in the post-Black Friday narrative. First, in November 2011, the U.S. Department of Justice gave an opinion stating that the Wire Act does not apply to poker. Second, in August, the DOJ and PokerStars settled, saving Full Tilt Poker’s customers and positioning PokerStars to reenter the U.S. market. And of course third, Judge Weinstein rules that poker is a game of skill.

The narrative isn’t complete, but we’re certainly going in the right direction, and positive national coverage from strong voices like Cowherd helps tremendously.

2. Pobal and Polito conquer Barcelona, but Bilokur and Sahamies are beasting

The 2012 PokerStars.com European Poker Tour Barcelona stop concluded this weekend with the “5,000 Main Event and the “10,000 High Roller. France’s Laurent Polito (“270,229) took down the High Roller, but made less money than runner-up Alex Bilokur (“295,451) because they made a deal during heads-up play. Tobias Reinkemeier (3rd for “119,660) and Team PokerStars Pro Bertrand “ElkY” Grospellier (7th for “43,150) were also at the final table.

In the Main Event, Belarus’ Mikalai Pobal won without making a deal, defeating Ilari Sahamies heads-up, earning “1,007,550 and the hardware. Sahamies pocketed “629,700 – adding to the “291,900 he earned for a fourth-place finish in the “50,000 Super High Roller – and John Juanda finished in eighth place, earning “76,100.

Neither Polito nor Pobal had ever binked a six-figure score before their respective victories, and they deserve credit for their achievements, but I’d like to focus on Bilokur and Sahamies.

With over $1.6 million in live tournament earnings this year, Bilokur currently sits 21st on Hendon Mob’s 2012 Money List. Bilokur took down the $25,000 High Roller at the PokerStars Caribbean Adventure in January, bubbled the final table of the “25,000 High Roller at the PokerStars and Monte-Carlo® Casino EPT Grand Final, and cashed four times at the 2012 World Series of Poker. In 2011, Bilokur’s biggest score was for only $38,738. He’s one of Russia’s best up-and-coming players, and seems to thrive in high-roller events.

Sahamies is not known for his tournament skills; rather he’s an online cash grinder who occasionally appears in Finnish rap videos. In fact, before EPT Barcelona, his previous live tournament scores came in October 2011, June 2010, and September 2009. Well, Sahamies crushed EPT Barcelona, final-tabling two of the three marquee events and banking over $1.1 million in the process.

Oh, and he also provided us with one of the best GIFs of 2012 (courtesy of PokerNews.nl’s Frank op de Woerd).

It will be interesting to see whether Sahamies pops up at more events in Europe, or whether he simply cherry-picked Barcelona for other reasons (weather, fútbol, topless beaches, partying, topless beaches etc.). We sure hope to see him more often, if not for his great play, then for his overall goofiness and ability to create hilarious memes.

3. Galfond dissects Blom

Every month or so, Phil Galfond writes a very long, well-thought-out blog post over on PhilGalfond.com. This month, he dissected Viktor “Isildur1” Blom using over 2,200 words and three (rule of three!) well-known discussion points: the myth, the man, and the legend.

Galfond, who once beat Blom out of $1.6 million in one day playing $300/$600 and $500/$1000 heads-up pot-limit Omaha (or as TwoPlusTwo poster jjjjudas jokingly called it “HUNL+2 cards” in his fictitious response from Blom), says that he felt like a fan watching his clashes against Tom Dwan, Phil Ivey, and Patrik Antonius.

“I couldn’t wait to grab my front-row seat and watch the spectacle,” he writes.

According to Galfond, he’s played more hands with Blom than any other player in his career as a poker player and that Blom has progressed greatly as a PLO player.

“When I first played PLO against Viktor back on FTP, he was bad,” Galfond admits, but it all changed. “By early 2012, Viktor had not only become very good at PLO – he’d become the toughest opponent I’ve ever played against. Now he’s one of three opponents that I play with but genuinely have no clue whether I have an edge or not.”

Unfortunately, Galfond doesn’t reveal the other two players, but he does talk about meeting Blom in Vegas during the 2012 WSOP. According to Galfond, Blom, who is basically a mute in the eyes myself and fellow poker writers, is “happy-go-lucky.” I’ve seen his goofiness occasionally – it usually occurs when Luke Schwartz is around – but his unwillingness to speak in public doesn’t allow him to show of his more likable features to his fans.

Galfond also says that Blom doesn’t use any databases or heads-up display (HUD), and that he doesn’t watch training videos.

Finally, Galfond concludes with something rather profound: “In my opinion, Viktor Blom clearly has more raw poker talent than I do.”

He explains that while he thinks Blom can succeed at any form of poker he focuses on, he needs to improve his discipline. One of Blom’s major leaks is bankroll management, or lack thereof, and poor bankroll management will hinder even the best player if they wish to play profitably over an extended period.

Galfond’s insights regarding Blom are fascinating and surely worth your time if you’re at all interested in the Swedish wunderkind.

4. Aguiar vs. Marafioti

Matt Marafioti, who was recently accused of cheating alongside Samer Rahman by numerous members of the TwoPlusTwo community, and Johnathan Aguiar, who is one of poker’s more opinionated figures, got into a scuffle at the World Poker Tour Legends of Poker on Friday.

Allen Kessler posted the following on TwoPlusTwo:

If Kessler is correct, and the WPT has footage of this incident, I hope they air it. Furthermore, I hope Matt Savage bans Marafioti from playing in WPT events, and that other poker rooms and tours follow suit. There is no room for this nonsense, and we should put an end to it before somebody really gets hurt. Whatever Marafioti is doing isn’t good for either himself or the poker world, and the best thing for both parties is to take a really long vacation.

If Marafioti wants to keep playing poker because that’s his main source of income, then he should play online and avoid major circuit stops. His appearances will only cause more tension – even Jason Mercier one of the most positive people in poker, is lobbying against Marafioti.

Outside of a few jokes, Aguiar hasn’t commented on the subject much since the altercation. Marafioti has probably tweeted 10 million times, but his account is blocked and I have no interest in reading his rambling. This altercation is over, and nobody was seriously harmed or injured, but I don’t think it’s the end of Marafioti’s negative influence on the poker world.

5. To infinity, and beyond

On Monday, CardPlayer Europe reported that Jens “Jeans89” Kyllönen paid “160,000 to reserve a seat aboard Virgin Galactic’s space flight. Sir Richard Branson, the Chairman of Virgin Group, established the space tourism company in 2004. In 2009, Guy Laliberté became the first Canadian to fly with Virgin Galactic and spent 11 days on board the International Space Station.

Kyllönen was one of the 48 players who participated in the $1 million Big One for One Drop at the 2012 WSOP, but unfortunately he was the third player eliminated. The Finnish poker pro told CardPlayer Europe: “I’ve always been fascinated with space and now that I have the opportunity to be within the first people going, I just felt like I had to do it.

The news sparked a thread on TwoPlusTwo, and to no surprise it became littered with Photoshopped images of Kyllönen in space. Kyllönen’s trip is expected to be at the beginning of 2014.

This is so much cooler than buying a house, or a watch, or a car, or even multiple houses, watches, and cars. The man is going to go into space. Personally, I think it’s the greatest thing any poker player has ever done with his or her money (besides give it to charity or those in need obviously), and more affluent poker players should spend their money more creatively.

Maybe fellow countryman Sahamies will actually land on a planet some day as a way of raising Kyllönen, or perhaps he’ll just frown and look discontented with everything.

Follow PokerNews on Twitter for up-to-the-minute news.

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Five Thoughts: Poker is (Still) a Game of Skill


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