As of April 15, 2011 the bottom has fallen out from the three largest online poker real money gambling websites. The USA's Department of Justice has gone after these guys for allegedly money laundering, wire fraud, and illegal online gambling.
Soooooo what does that change for me? Nothing really. My plan has always been to win in live tournament setting. Rumors are spreading like wildfire relating to where the online grinders will go. Well, I suppose they will have to get up off of their computer desks and play poker with people in front of them.
I have a friend whom is struggling with the thought of having to play against people better than him. He could always play on his computer at home and anonymously lose a lot of money. Mention to him where the grinders will be... and he makes a disgruntled face. Vegas and casinos in the USA will be the new honey hole.
Tom Dwan, a reputable high stakes player, believes that this years WSOP will go from approximately 8k to 5144 players.
What happens is that online players from all over earn / win entries the series via online gambling. This will surely take a toll on the total payout. But I like it because now there's a better chance to win. !! IMO.
Currently, I've been working out almost every morning lifting free weights and eating healthy throughout the day. I feel better since having made the decision to get back into better shape. I haven't got in as much of the cardio as i would like, but most of that is due to being too sore to do anything! I'll keep you posted on how that continues.
We have a plan to be in Vegas next week. I'm not sure if I'll be there 100%, but if i do, its going to be all business.
I'm going there with the mission of taking down some poker tourneys. Since the online fallout, there should be bigger crowds and bigger prize pools.
If I go, I'm only taking about 1k for tournaments. I told my friends that I'll play the $100 tourney, but feel that the people who play those generally don't care about the cards and are still fish. Which is great, but they are all over the map with their bets and taking lines that don't make any sense at all. A slightly better player will have a clearer picture, and a great player will keep you guessing the whole time. The difference between the fish and the sharks is that the fish don't understand why they really won, and how bad the odds really were against them.
Besides, loosing $100 is easier than loosing $350 - $1000.
We'll see if I make it. I consider these test runs as tuition. You can educate yourself all you want on a subject, but it doesn't mean anything near as much if you never experience it.
Even if one loses, if you learn from your mistakes, you never walk away empty handed.
-AlexEagleR
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