Poker Can Help the Economy

I got a note today from the Poker Player’s Alliance (of which I am a member), urging me to support legalization of online poker on Change.gov, the website that Obama’s administration is using to take the pulse of the American public on issues relating to government.

Okay, before anyone jumps on me for having my priorities out of whack, yes, I do think there are much higher priorities than legalizing online poker, namely ending the war in Iraq, closing Guantanamo Bay, fixing a drastically broken health care system, and bolstering an economy that’s currently flying without a net. However, legalizing and regulating online poker could conceivably have a positive effect on the economy.

Here’s what I had to say in the topic contents at Change.gov:

As an accomplished poker player himself, I hope that President Obama recognizes that online poker is more a game of skill than a game of luck, and that legalizing and regulating online poker is just one more way that people can infuse money into the flagging economy. Millions of Americans play online poker already, and the money that could be made from taxing those online games is a staggering amount.

As I write this on a Wednesday afternoon, just one of the online poker sites is hosting nearly 175,000 people on over 42,000 virtual tables. Imagine if those 42,000 tables were hosted by an American company and taxed at $1 (for round numbers), along with any other tables that are generated on that site each day. Then consider that numerous American companies would be in this business space and the number of Americans playing online poker would easily increase with the repeal of the UIGEA, and it’s easy to see how regulation and taxation of online poker could generate millions of dollars *per day* to benefit the economy.

Or, we could keep the current system, continue to force banks to reject transactions that they could be making money on, continue to stigmatize skillful online poker players while honoring much more random Internet gambling systems, and continue to encourage an offshore shadow industry with no oversight.

Sounds like a no-brainer to me.

What do you think?

2008 Resolution Results

Sporadically through the last year, I’ve followed up on how my numerous resolutions for 2008 were holding up. Here’s the final evaluation for 2008.

Creativity

1. Write more consistently, whether journaling, blogging, or creative writing.

Although I haven’t blogged much more than the prior couple of years, I have done a decent amount of writing and website design to support writing. I became the webmaster and a contributing editor for Rough Road Review, a poetry and opinion journal with a distinctly southwestern flavor. I also scored another regular writing gig (see below.)

I mentioned Ficlets.com in my last resolutions post back in May. Unfortunately, I just found out that Ficlets.com is shutting down as of January 15, 2009. That’s a bummer. It was really a neat little site. I didn’t wind up contributing more than one piece to it, but I read a lot of the pieces on there. I will repost my one Ficlet submission here soon.

2. Find another outlet for article writing (since ComputorEdge has gone virtual.)

Back in May, I said, “… I did hear back from another [computer magazine], which is in its startup phase. We’ll see how that one works out.” It actually worked out very well. I’m now writing for Rocky Mountain TechLine at pro rates, and have been given assignments for four straight issues. W00t! The Editor/Publisher, Eric Wolferman, is wonderful to work with, and very encouraging. Through his influence, I think my non-fiction writing has taken a step up.

3. Publish some fiction. (Didn’t I say this last year?)

Um … Yeah. 2009, here I come.

4. Play more musical gigs.

My band, Steel River 3, played numerous gigs this year, and I have a new favorite coffeehouse because of it: Forza Coffee Company. Although I rarely drink coffee, the atmosphere at this place is wonderful, and the owner clearly cares very much about making his shop the best it can be.

5. Start teaching my stepson how to play guitar (his request, my responsibility to follow up.)

In May, I said, “It’s clear that Logan needs a Logan-sized guitar with standard tuning, but I haven’t had the money to get him one.” I’m pleased to say we did get him a Fender Mini Strat and amp, but I haven’t kept up my responsibility to teach him. For Christmas, I got him a new set of tuners for the Mini; the ones it came with don’t hold tune well. After I install those tuners and a fresh set of strings, we will work on the lessons.

6. Transplant my Variax electronics into a Carvin Bolt kit or Warmoth guitar body.

Money wasn’t there for this project, but I’m hoping to do it in 2009.

Physical & Mental Health

1. Learn how to get up earlier, consistently.

I have become more consistent about when I get up, though I stopped trying to get up as early as I was before, so this one was only a 50/50 accomplishment.

2. Utilize my handheld BalanceLog software to track my eating and exercising habits.

In May: “I haven’t been using it, but I’m at my lowest weight in the last few years. Go figure.” It’s amazing what can happen in a few months. Starting in September, I started gaining weight, and I’m just now starting to turn the trend around. What do you want to bet that if I had been tracking calories I wouldn’t have gained at the end of the year?

3. Ride my bike or walk to work more often. (If I get up earlier, this is not a problem!)

I did a bit of riding, but not enough, this summer. Currently, my bike is disabled (damn goatheads!) and the load of stuff I carry to work has increased, so I need to get a backpack. Both fixes are cheap, though.

4. Schedule dental appointments to get my teeth taken care of.

I attended my dreaded dental appointment, and my suspicions were confirmed. I will need a two-stage deep cleaning, and then oral surgery to remove three wisdom teeth that came in crooked. (The fourth grew in sideways, and is technically impacted, but the dentist recommends leaving it there because there is no chance it will ever erupt.) Unfortunately, we ran out of flex plan money in September, so I had to postpone the above procedures until 2009.

Financial Health

1. Get the amp out of the pawn shop, and never put it in again.

2008 was a horrible year as far as music equipment goes. Add to this list a 1996 Takamine acoustic-electric, the Carvin Bolt guitar kit I built in honor of my Uncle Leslie (see pic below) and a Fender Cyber-Twin Ver. 2.1 amplifier. I hung on to my Variax modeling guitar because it was the most versatile for playing gigs. The year ended on a positive note, however. I was lucky enough to receive a beautiful new Epiphone acoustic guitar from my wife and sister-in-law for Christmas. Right now, my Variax is in the pawn shop, but I will be able to get it out by the end of January. One of next year’s goals will be to set up an emergency fund to prevent the need for pawn shop patronage.

Carvin Bolt Guitar (from kit):  Leslie

2. Continue to provide quality computer consulting, but stop devaluing my services as much.

Consulting work continued to grow throughout the year, to the point where I had too many consulting jobs at one point and had to start turning them down. I think I did better regarding the value of my services, but there was one special circumstance in which I basically worked gratis. I don’t regret that, though. I did it for the right reasons, though I probably put it at a higher priority on my list than I should have.

3. Keep current on space rent, car payment, mortgage, and car insurance.

Things are looking up financially. We are current on our mortgage and space rent, car insurance will be paid this weekend, and we have eliminated the car payment altogether. We voluntarily returned our worthless van to the dealer, who then sold it at auction for $167.50. Yes, you read that right. We are stuck with a large balance on the loan, but that will be going away in the bankruptcy we decided to file in October. By the end of February, we should have paid off the bankruptcy attorney so we can remove that debt, as well as a number of other judgments (medical, etc.) that are threatening our livelihood.

It seems odd to say that things are looking up because we’re filing bankruptcy, but that’s becoming a sign of the times, I think.

4. Make a spending plan (a.k.a. budget) and stick to it.

I didn’t do too well with this, but I did what I could. I already have a more balanced spending plan in place for 2009.

5. Track finances better with Quicken on computer and handheld.

I utterly failed at this, because we lived paycheck-to-paycheck all year long. Hopefully 2009 will be better.

Home Improvements

1. Clean cat boxes daily.

This resolution started out well, and finished very poorly. I will definitely need to reaffirm this one.

2. Help more with household chores without having to be asked.

I think it’s safe to say that I improved overall in this area.

3. Reduce household clutter gradually (this will help mental health, too.)

As of late August 2008, this became impossible. Lannette’s father and sister moved out to Denver and lived with us (at our invitation, of course.) Her father has since found another place and moved into it, but her sister is not at a point where she can afford to live on her own yet. As long as we have an extra person living in the house, we will have to live with clutter, and I’m resigned to that.

4. Upgrade my computer (new mobo, RAM, and video.)

I actually accomplished this one in its entirety! Of course, it helped that my old motherboard completely died, so I was forced to upgrade.

5. Replace carpet with hardwood flooring throughout the house.

Money to do this was simply not there in 2008. Hopefully we can do this after the bankruptcy is finalized.

6. Landscape yard.

Well, my neighbor certainly did his part to help with this. He put a lot of work into building a partial low wall where we had discussed putting one. He used all the materials he had, but then I was unable to afford the materials we needed to finish the job.

7. Install carport/awning.

See #5 above.


Overall, I think I made some progress in all categories, which is not so bad. I still have room to improve, and I will need to recommit to some goals, but I’m ending the year knowing there’s hope, and that’s worth a lot to me.

WBCOOP — Out

(I had a full post ready to go, and then my web host decided to go offline. Joy. This post is a distilled version of what I had already written.)

I finished 153rd in the WBCOOP on PokerStars. I was doing well until about two hours into the tourney, when I went all in with Big Slick (ace & king of spades) and my opponent had a pocket pair of jacks

*********** # 117 **************
PokerStars Game #23130684510: Tournament #170000000, Freeroll Hold’em No Limit – Level XI (125/250) – 2008/12/21 16:53:08 ET
Table ‘170000000 26’ 9-max Seat #3 is the button

Seat 6: AllJyn92 (3077 in chips)
Seat 9: Lytspeed (9055 in chips)

*** HOLE CARDS ***
Dealt to Lytspeed [As Ks]

AllJyn92: raises 2797 to 3047 and is all-in
Lytspeed: calls 3047

*** FLOP *** [8c 9s 5c]
*** TURN *** [8c 9s 5c] [6s]
*** RIVER *** [8c 9s 5c 6s] [Td]
*** SHOW DOWN ***
AllJyn92: shows [Jh Js] (a pair of Jacks)
Lytspeed: shows [As Ks] (high card Ace)
AllJyn92 collected 6739 from pot
Lytspeed said, “nh”

After that, I was short stacked, and had to make a move. Twenty-two hands later, I followed two other players all in with 99, which was good until the flop. When we showed hole cards, both had Aces, and one had AK. The flop held two kings, giving the latter three of a kind (kings.) I hoped for another nine on the turn and river to make a full house, but I guess I didn’t hope hard enough. He caught an Ace on the river to make his own full house.

Ah well. That’s poker. At least I won a ticket to a Step 3 tournament in the qualifier. That’s worth about $82 overall, and gives me a chance to win real money without having spent a dime.

But next year … next year will be different.

WBCOOP — Qualified!

I played in my qualifying tournament for the PokerStars World Blogger Championship of Online Poker today. Here are the results:

PokerStars Tournament #124189663, No Limit Hold’em
Freeroll Super Satellite
549 players
Target Tournament #170000000
72 tickets to the target tournament

Tournament started 2008/12/20 15:00:00 ET

Dear Lytspeed,

You finished the tournament in 16th place.
You qualified to play in Tournament #170000000 and are automatically registered for it.

Yep, 16th out of 549, well within the top 72 to qualify for the Finals tomorrow. I also placed well enough to receive free entry into a $75 + $7 Step 3 tournament, but I haven’t received the registration ticket for that in e-mail yet. The chances of coming away with a prize of some kind in tomorrow’s finals are good. There are only 369 entrants at this point, and the payout table (near the bottom of the page) goes through 100 places.

Looking forward to it! If you have a PokerStars account, drop by and watch me play at 1:00 PM MST. You can find me through Requests | Find a Player in the PokerStars software, and my username is Lytspeed.

PokerStars World Blogger Championship of Online Poker

It’s that time of year again. I’m registering for the WBCoOP, assuming the Powers That Be approve this entry. I entered 2007 and 2005, as well, but didn’t do so well either time. This year has been better for me in the world of play money tournaments; the highlight was one of the giant freerolls that PokerStars hosts, the Hubble No-Limit Tournament. Out of 12,000 people I took 5th place. Yow! Here’s a paste from the results e-mail (emphasis mine.)

PokerStars Tournament #95460789, No Limit Hold’em
Freeroll Super Satellite
12000 players
Target Tournament #95435810
99 tickets to the target tournament

Tournament started – 2008/07/17 – 22:32:00 (ET)
Tournament finished – 2008/07/18 – 01:43:32 (ET)
1: SirKenin (Unmouse me heathen), (qualified for the target tournament)
2: edabbott (orlando ), (qualified for the target tournament)
3: aleman 72 (berisso), (qualified for the target tournament)
4: mariellexx (cornwall), (qualified for the target tournament)
5: Lytspeed (Federal Heights), (qualified for the target tournament)

I’m hopeful that the incoming Democratic presidential administration and Congress will repeal or at least revise the stupid law (link goes to PDF file) hindering online poker that were passed in October of 2006. I hear that Obama is a pretty good poker player himself. Here’s hoping the Poker Players Alliance, of which I am a member, will gain some traction in the next few years.