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May 2011

Review: The Mental Game of Poker

May 30, 2011 Online Poker

Barry Carter was kind enough to send me over a copy of the book he and Jared Tendler wrote, The Mental Game of Poker. I’m not a huge fan of poker psychology books mostly because their best advice is, “don’t go on tilt.” Geez, thanks. One exception to that general dislike of poker psychology was [...]

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Catch me on the 2+2 PokerCast

May 18, 2011 Is Online Poker Legal?

Just got off the phone not too long ago after doing a call-in segment on the 2+2 PokerCast. They’re reviewing what’s gone down in the month or so since Black Friday. I was also on the PokerCast on April 19th. Good chat about Black Friday, Full Tilt cash outs, and just what in the heck [...]

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Some Insight Into Differences in Regulators

May 18, 2011 Is Online Poker Legal?

I had a conversation with someone in the know at PokerStars who helped clear up some issues concerning how the different regulatory bodies work and why Stars was able to pay out their players so rapidly. First, let’s just do a quick review of where each of the indicted poker sites are located. AP/UB: Kahnawake [...]

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The PPA is Spiraling Out of Control

May 18, 2011 Is Online Poker Legal?

It is in times of trouble that you truly learn the nature of people (or organizations). Since Black Friday I think we’ve seen the character of a lot of organizations. Stars stepped up to the plate and made a very timely refund of player monies (all things considered). Tilt has disappeared into a black hole [...]

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Only a Few More Days to Act if You Want Rakeback

May 17, 2011 Online Poker

As you may have heard, the Merge Network is discontinuing rakeback. What you make not have heard is that you have until June 1 in order to set up a rakeback account and get grandfathered into a rakeback deal. If you want to get rakeback on Carbon Poker (on the Merge Network) follow the instructions [...]

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Surprise, Surprise FTP Speaks and Says Little

May 16, 2011 Is Online Poker Legal?

A full month after Black Friday Full Tilt representative FTPDoug (actually, the real FTPDoug left the company a long time ago and they just use the name since he had some credibility on 2+2) announced: NOTICE (UPDATE): The comment I made about FTPDoug was made in error. Someone I used to work with at FTP [...]

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Player Account Segregation Explained

May 12, 2011 Is Online Poker Legal?

There seems to be some confusion about what player account segregation means and how this all plays out in the recent DOJ action seizing bank accounts and poker sites being unable to pay back players. Please consider the diagram below. It’s a very simple version of how payment processing works (or did work up until [...]

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How the PPA has let down the poker community by Steve Ruddock

May 11, 2011 Guest Writers

I want to preface this article by saying that as one of the first people to join the Poker Players Alliance (PPA) when the group was founded back in 2005, I feel they have done a terrific job on a number of fronts for the poker community, perhaps the most important of which was the [...]

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Joe Sebok Gets Canned

May 10, 2011 Is Online Poker Legal?

First off, I want to say that as far as I know I’ve only met Joe Sebok once a few years back at the WPBT event at Imperial Palace. He came with Barry Greenstein who was speaking before the tournament and we said “Hi, nice to meet you” or some other rather impersonal exchange. I [...]

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