Tuesday, October 31, 2006

Leaving Las Vegas

Hopefully for a long while.

Santa Barbara tonite for Halloween (amazing party) and then the flight leaves tomorrow from LA for Bangkok!

Got a pretty nice travel kit and flying over with my boys so should be a fun flight.

I'll post again when I set down, hopefully with some good pictures and surely some good stories =)

Wednesday, October 25, 2006

Headed Home

After four bittersweet months in Vegas it is finally time to head home. I am confident my affairs will remain in order here in my absence. I'm hoping I don't have to come back until Febuary or March, though it might end up being a bit sooner.

My good friend Will is moving over with me. He was my college roomate. Fun guy. He told me his girlfriend used to read my blog looking for dirt on him so I'll just go ahead and leave it at, I am really looking forward to going out on the town with him in Thailand.

I've logged a ton of hands the last few days in 2/4 and 3/6 and though I've had mixed results and am only up a bit, it felt pretty good. I like being able to pot the turn with two pair without shaking and thinking 'THATS TWO THOUSAND DOLLARS OUT THERE' like I had been. Even though I didn't realize it, I think I have been playing out of my comfort level for awhile.

Also it has been pretty nice playing against donkey fish like you don't find in the big games very often.


Time to go pack. Going to be a fun few weeks ahead.


Thanks for reading, now get back to the tables!


Wild Bill

Saturday, October 21, 2006

What happened to my game?

Looking back since I came to Vegas, my game has gone to shit. A year of success have lead me to a state of complacency. I've grown sloppy and overly-tricky. I don't have one main game and I have stopped learning. I still spend a lot of time on 2+2 and talking to 2+2ers, but the time is spent much less on learning about poker. I've become what I used to criticize. Somewhere along the way I stopped being critical of my own play and over-confident in what I know and what I can do.

I dare say that I am probably currently a losing poker player. It has become obvious to me while living with two winning players. They are constantly discussing hands and scenario's while I brush aside this talk and play super high stakes, for fun most of the time. Over the past weeks I've lost about $20,000 while playing only one or two tables at a time. Over the last four months my bankroll has gone from close to $300k to just over $100k. I've put a lot into my business and have also taken up some pretty lavish spending habits, but at least $100k has gone back to the tables due to my sloppy ways.

I'm putting this here so that I can admit it to myself, and hopefully take some strides to stop the bleeding and fix the situation. I'm not yet sure of where to start to get back to my old ways, but it needs to happen, now. Or I need to make poker just a hobby and play for vastly lower stakes and concentrate on business.

I'm open to suggestions and feedback. Maybe I just need a break from poker or something, put it off completely until I can come back to it with focus and vigor, like I used to have.

In other news things are looking great for me going to Thailand and possibly not returning for a long time. The business is nearing auto-pilot mode. I'm headed to LA in a week to see friends and go to Santa Barbara for Halloween (a big party holiday there), then off to Bangkok November 1st!

Thanks for reading, now get back to the tables!


Wild Bill

Sunday, October 15, 2006

Update

Not much to report. Doing the Vegas thing and looking forward to Thailand in two weeks. Got some pretty cool 2+2 roomates, been going out a lot etc. Business ventures are taking up most of my time but am getting some poker in. Not doing terribly bad or terribly well when I do get to play.

Party pulled the plug on the US market but they are the only major room who did so. I had a pretty strong interest in Party continuing to do well, and that went busto, but such is life.

I should have some good pictures up soon about after hours Vegas shenanigans.


Thanks for reading, now get back to the tables!


Wild Bill

Thursday, October 05, 2006

FullTilt Statement

With Party still set to pull out of the US market and PokerStars yet to make a decision on that, FullTilt is making a play to become the number one site. They sent out this email today:

As an online poker player, you have probably heard about the new legislation passed by the U.S. Congress earlier this week that attempts to prevent you from being able to transfer money to online gaming sites.

While this new law has prompted some sites to announce plans to abandon the U.S. market in coming days, we assure you that Full Tilt Poker will continue to provide all of its players - both inside and outside of the United States - with a full complement of real money ring games and tournaments for their enjoyment.

After consultation with numerous legal experts in this field, we want to make you aware of the following:

* Legal

The new U.S. legislation does not in any way attempt to criminalize the act of you playing online poker. By playing online at Full Tilt Poker, you are not breaking any U.S. Federal laws.

* Full Access

The passage of the new Internet Gaming law will not have any impact on your day-to-day experience at Full Tilt Poker. We will provide all of our players, everywhere in the world, with full access to all of our games and tournaments.

* Easy Deposits and Withdrawals

We will continue to provide our players with all of the safe, secure and convenient methods for transferring money to and from the site. In fact, in recent discussions with our payment processors, we have been assured that this new law will have no immediate impact on their day-to-day business. And as always, any monies that you have on deposit with Full Tilt Poker remain completely safe and secure.

Furthermore, we firmly believe that online poker is not encompassed by this new legislation. In any event, we will continue to lobby for an express carve-out for online poker and for your right to play a truly American game from the privacy of your own home and computer.

We are excited about the future here at Full Tilt Poker and in the coming weeks and months, we plan to roll out many new features designed to enhance your online poker experience.

We appreciate your loyalty to our site and, in turn, want you to know that we will remain loyal to our valued players in the United States and throughout the world.

We look forward to seeing you at the table.

Sincerely,

Full Tilt Poker


If you would like to switch over to FullTilt and need rakeback there, I can set you up with a very reputable affiliate offering 27% VIP Rakeback there (the highest allowable at the site). Email fulltiltvip@gmail.com for signup information or with any questions.


Thanks for reading, now get back to the tables!


Wild Bill

Monday, October 02, 2006

Some Hope

For anybody who has been following along the last several days, you knows it has been one hell of a roller coaster ride. Friday the US passed legislation that would ban certain financial transactions related to online gaming. Then early Monday morning PartyGaming released a statement (which you can read here) which sent shock waves through the online poker community. Then Gambling911.com published an article (which you can read here) that stated that Party and PokerStars were likely to pull out of the US market.

It has been a pretty intense day with nobody really knowing or understanding what is going to happen and lots of people (myself included) making a mad dash to clear their funds out of Party and Neteller as well as other poker sites. When the London Stock Exchange opened, all public companies related to online poker (Neteller, 888.com, PartyGaming etc) saw their stocks plummet. Neteller having their scheduled two hour downtime right after the open of the London Stock Exchange caused some more panic.

So that is where we are now. Though today players have been receiving emails from Party indicating that they may be working on something.

Thank you for contacting us.

I would like to inform you that there will be no changes in Red Carpet Promotion. All the point you have earned will be automatically redeemed and cash amount will be placed on your account on October 17.
You can cash out any or all of the balance in your PartyAccount at any time. However, once the bill is signed into law, we will suspend accepting further deposits from US players until such time as we offer other products and services to our US customer base for which deposits would be used.

Should you have any questions or feedbacks please do not hesitate to contact us at any time. We are here to do for you, 24 hours a day, seven days a week.


Kind regards

Olga
PartyPoker Customer Care



and


Dear KKF,

You do not have to redeem your balance or close your PartyAccount. We anticipate we will have offerings in the future for which your PartyAccount will be the source through which you will fund your entertainment
and gaming experience.

However, you will continue to have access to our account at any time. Withdrawals from your PartyAccount are not prohibited by the act



Both of these indicate that Party is working on something. That is very good news to me. I think it is very likely that the press release was only to calm the nerves of anxious investors and directors who were concerned about going to jail or being involved in illegal activity. I think it is very likely that Party is working on something now that will allow continued play at their site. I have full faith in their ability to do this as well. There are billions of dollars at stake, anybody who thinks that they are going to go silently from the US market is fooling themselves.

Also, Lee Jones posted this response to the rumors on 2+2. Anybody who knows PokerStars and Lee Jones knows that there is not a classier poker site or site manager around. He would not say this if it were not 100% true. He states there that:

We have not made a decision one way or another as regards closing our American accounts.


So my advice, wait and see. Have faith in PartyGaming and PokerStars to protect their business.


I'll keep you posted.


Thanks for reading, now get back to the tables!



Wild Bill