Hear ItFrom.Us » I’m all in

I’ll Bet A Leather Loveseat Memphis Won’t Win It

sadcox — Wed, 26 Mar 2008 16:35:19 +0000

HT to SayUncle on this one.

It is officially gambling for a furniture store to run a promotion that relieves customers of their obligation to pay for furniture purchased at their store if Memphis wins the NCAA Championship.

First of all, I can’t see how this promotion is actually gambling since the furniture would have the same market value the customer paid whether Memphis wins or not.

However, I can also see how anything like this would be considered gambling/wagering, since the State has not found a way to monopolize these type promotions (yet).

Oh, and even if Memphis wins, feel free to come pick up the love seat any time.

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And I Ain’t Lost Yet

sadcox — Wed, 30 Jan 2008 14:38:11 +0000

Billymac just got back from Vegas, and it sounds like he did pretty well at the poker tables. I’ve known and loved Billymac for years, and this is one reason why…

I like… no, I LOVE, taking money from punk-ass kids that show up to a poker room wearing a track-suit, pulled down hat, wrap around sunglasses, and listening to their iPhones at the table.

My favorite stunt to pull at Vegas poker tables is to sit down and immediately start talking. I like to play up the fact that I’m a stupid hick. It’s not much of a stretch, and I’ve preparing for that role my entire life. That kid with the iPhone and glasses Billymac mentioned almost always falls for it, and I can usually take them for a while.

Invariably, a couple of people at the table realize after a while that I’m a somewhat intelligent hick.

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Poker South Florida Style

sadcox — Tue, 01 Jan 2008 03:50:24 +0000

The day after Christmas Bear Toe and I drove up to Dania from Miami to check out the Dania Jai Alai and Poker Palace (or whatever it is called). Our buddy BGE lives in Ft. Lauderdale, and he said this was the place to play. The poker room there is a decent size–probably 20 tables, but most of them weren’t used while we were there.

They run a tournament at 3:00 pm daily, and I signed up for that. It’s a $5 entry, winner take all. 2000 units, 50/100 blinds starting out, with increases every 15 minutes. While I was waiting for the tourney I sat down at a cash table–$1/$2 no limit hold ‘em with $100 MAX buy-in . After about 10 minutes at that table, I wished I hadn’t bothered with the tournament.

It seems like there were two types of players there, pretty good and pretty bad, and the split was about half and half. I noticed when the tournament started that the pretty good guys at my table didn’t play in it, and the pretty bad guys did. I decided to just push all in every chance I got to possibly double up and get back to the cash table. There were 60 player in the tournament, and I wasn’t about to sit there for 3 hours for a chance at only $300, especially when there was easy money bleeding into the cash games from guys getting put out of the tourney. If I could pile up chips early, fine. If not, fine too. I think I was the 8th or 9th person put out. I think the wise locals show up just to pick off guys as they are put out of the tourney.

The rest of the day was pretty productive. My chip stack was swinging, but not too wildly and always trending up. As I built it, I’d open up a little and give guys action, hoping they’d stick around. By 10:30 I’d built it up to ~$700. Not bad for buying in at $100. My mistake was not leaving at that point. The poker room closed at 12:00, and people started getting really crazy as closing drew near. It worked out well for Bear Toe who won the final pot of the night (everyone involved pushed all-in) for about $500. I got caught with middle pair post flop countless times and was a little to liberal in giving other guys action.

I ended up leaving with $575 and a newly learned lesson courtesy of one of the pretty good players. It only cost me $65 for him to show me a big gaping hole in my game–pretty cheap!

Overall, a decent poker room. There wasn’t really any variety of games. A 7 card stud game was going on when we got there, but it ended and everything went to $1/$2 NL hold ‘em. The dealers were fine on the whole. A couple were excellent, and one in particular was horrible. There were a couple of rules that some players had a problem with, but I didn’t think they were too out of line. For instance, if you show cards before the showdown your hand is automatically mucked. The service was not all that great, but I wasn’t there to drink and eat, so that wasn’t a big deal either.

I can’t wait to go back next year with a little knowledge going in!

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Gotta Love the Holidays

sadcox — Wed, 26 Dec 2007 16:51:33 +0000

Besides eating…

I’ve watched 12 episodes of Lost Season 3 in the last two days.Â Today we’re getting out…to play poker.Â Never played here before, so I’m anxious to see how easy the rooms are here.

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More on Steroids and Baseball

sadcox — Fri, 14 Dec 2007 13:54:56 +0000

After yesterday’s post, I’ve had a chance to read a little more and think about the issue. This is so obviously a free market issue to me. If baseball fans demand a clean up, we’ll have one. Frankly, I don’t think many of the baseball fans that are left really care one way or the other.

HungryMother brought up health issues in yesterday’s comments. Admittedly, a health issues exist, but are the health issues of baseball players a concern of Congress? Should Congress also step in and do something about the years shaved off of pro football players’ lives? Average life expectancy for football player is 55 years, and only 52 years for linemen, according to this article, and the NFL has arguably the most stringent drug policy of all the professional leagues in the U.S. Consider boxing and stock car racing.

Should Congress investigate every time someone’s chosen occupation is a risk to their life and health?

People make personal choices, some of which shorten their lives. Athletes are people too. Some choose to use steroids and risk their health and lives in doing so. Others choose to participate in a sport that takes years off their life by itself. How much resolution to we really need in federal regulation and oversight?

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Isn’t This Rich?

sadcox — Mon, 12 Nov 2007 20:36:57 +0000

And by rich I mean the lobbies that are successful in getting governors to propose prison time and heavy fines for online gamblers and poker players in the same bill that makes the way for licensing for casinos.

Patrick’s casino legislation, which has been introduced at the State House but is not expected to get a hearing until next year, would license three casinos in three regions of the state. Casino developers would bid on the licenses, and Patrick expects they would attract 10-year licensing fees of $200 million to $300 million for each casino.

Oh, never mind. It’s the State that will get rich. My bad. Don’t you wish you could use the legal system to set up a monopoly for yourself and your buddies?

I don’t.

Thanks to Reason for pointing this one out.Similar Posts:

Cigarette Smuggling Surveillance Starts in Tennessee

sadcox — Thu, 27 Sep 2007 15:55:26 +0000

From the KNS:

Starting today, state Department of Revenue agents will begin stopping Tennessee motorists spotted buying large quantities of cigarettes in border states, then charging them with a crime and, in some cases, seizing their cars.

I can go so many different directions with this one…

Do I make the comparison to the Dukes of Hazzard with revenuers, crooked local authorities, and free wheeling Robin Hood types whose lawless behavior we cheer on?

Do I draw a conclusion that more state authorities in Tennessee are trying to get into pulling people over so they can take advantage of the fringe benefits that have become associated with traffic stops in our state? (That one is for all of you who voted for it in the last poll).

Or do I say nothing, since I don’t consume cigarettes?

First they came for the smokers, and I didn’t speak up because I don’t smoke.

Then they came for the Sunday beer sales, and I didn’t speak up because I’m usually too hung over to drink on Sundays.

And when they came for the people who play home poker games, there was no one who was interested in playing poker on Sundays, the only day I have time to play, left to speak for me.

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10,000 Reasons Not To Have More Money

sadcox — Sat, 25 Aug 2007 20:08:51 +0000

I came upon this story by way of Reason. I’m no fan of the ACLU, mostly because they are very selective about which civil liberties they choose to defend, but I have to be cheering for them in this case, where a truck driver was forced to turn over $23,700 for no other reason than he had an amount of cash greater than $10,000. No drugs, no drug paraphernalia, no probable cause.

DEA agents told Prieto he would receive a notice of federal proceedings to permanently forfeit the money within 30 days and that to get it back, he’d have to prove it was his and did not come from illegal drug sales.

Wasn’t the whole issue of search and seizure addressed a while back? At least that’s what I remember from my learnin’ in public schools.

The lawsuit said Prieto does not like banks and customarily carries his savings as cash.

That’s great and all, but the fact is, he doesn’t have to explain it. According to the Houston Chronicle article, he was actually nice enough to tell the police that he had the money and give them permission to search his vehicle. He could just as easily refused to allow them to search without any probable cause. That’s what I would do.

“The government took Mr. Prieto’s money as surely as if he had been robbed on a street corner at night,” Simonson said. “In fact, being robbed might have been better. At least then the police would have treated him as the victim of a crime instead of as a perpetrator.”

The scary part is, I’ve transported over $10k in cash (obtained legally, btw) on at least two occasions. Good thing I didn’t have a break light out. I’ll definitely be watching my back if my dreams of winning a big poker tournament ever come to fruition. It would suck to have it confiscated before I was able to pay the outrageous taxes on my winnings.Similar Posts:

Poker Police Strike Again

sadcox — Wed, 11 Apr 2007 13:38:26 +0000

Reason tells us about raids in Georgia, North Carolina, and some especially dangerous card sharks in Dallas.

I don’t get to play as much poker as I would like, but luckily, I’ve never been involved in a home game that was broken up by a S.W.A.T. team.Â I’d like to believe that this is mainly due to the fact that our state and local law enforcement realize it would be a stupid waste of time.

However, I fear that home poker games will be next on their list, as soon as they can rid us of the social scurge that is cock fighting.Similar Posts: