Archive for the ‘Articles’ Category

Pocket Bullets ParisJim “Pocket Bullets” Paris
Bluffing is, without a doubt, a fine art when it comes to poker and especially when it comes to Texas Hold ’em. You must have courage, nerves of steel, or to quote our Jewish friends, a lot of chutzpah. But that’s not all, you also need the talent to be able to know when to bluff, when to represent that you have a winner when you may have nothing, and the ability to keep your tells completely under control. That may mean you purposely act one way or another to mislead your opponents or you keep a completely frozen face that tells no one anything.

Next time you sit down at a Texas holdem poker table will you have what it takes to bluff? Will you be able to not give away your tells? Can you hold a straight face long enough for your opponents to never know if you may be bluffing? If you’re ready to win and you’re ready for fun then watch the video below and listen to the song we wrote and produced to get our point across that we “May Be Bluffin’ But You’ll Never know.”

Let me know what you think. Leave us your comments here.

Lynn "Queen of Hearts" ParisLynn “Queen of Hearts” Paris

A couple of weeks ago I wrote about the U.S. Department of Justice’s recent opinion reversing the 2011 Wire Act, the one that gave individual states the right to legalize and regulate online lotteries and poker.  Until this sudden reversal, states like Nevada, New Jersey and Delaware were able to significantly grow their economies and share in the revenues, while other states, like Pennsylvania, felt safe to pursue efforts to pass internet gambling legislation.

After the revised opinion, it appeared that the future of states’ rights to legalize online lotteries, poker and casino games was in serious jeopardy. But remember, the DOJ’s opinion is just that – an opinion and not a law.

In New Jersey, State Senate President Steve Sweeney issued a strong statement condemning the reversal, noting that it could impact every aspect of New Jersey’s gaming industry, which has grown since the launch of online gambling in 2013 and sports betting in 2018. “We don’t want to lose the hard-fought gains that are helping to revive Atlantic City and the state’s gaming industry.”

Sweeney immediately turned to retired state senator Raymond Lesniak, who had successfully spearheaded New Jersey’s online poker legislation in the past, including the multi state online poker alliance that made liquidity sharing possible with Nevada and Delaware.

Lesniak was asked to prepare a response to challenge the revised DOJ opinion. As we noted in our 01/ 23 blog, Lesniak was already prepared to do battle, having issued several statements, including that the new opinion was outrageous: “It looks like I will have to go to court again to straighten out the Justice Department’s overreaching on states’ rights.”

A fix from Congress is not expected. As Lesniak said, “Getting Congress to act would be the best way to deal with this, but getting Congress to act on anything these days is very difficult.”

So Lesniak formally responded in a three-page letter to Sweeney. In it he called for the state legislature to file a declaratory judgment action in US District Court against the recent DOJ opinion on the Wire Act in order to “protect and preserve the significant benefits accruing to the State of New Jersey and our residents from internet gaming.”

We will be following this crucial case closely and fill you in on major developments. If you enjoy getting into the weeds on this and other legal issues, try:

https://www. legalsportsreport.com. It’s an excellent source of up-to-date coverage.

Click here to leave your thoughts or comments!

Lynn "Queen of Hearts" ParisLynn “Queen of Hearts” Paris

I have referred on many occasions to the vast sums of money that can be made playing poker. It never ceases to amaze me that a player can come in ninth in the WSOP Main Event and wind up winning $1 million. When can you ever place ninth in anything and walk away a millionaire? Or turn the $100 you walked in with into $5000 in one night?

But I never thought about how many losers there are in the game, especially among professional poker players. It seemed too obvious to mention – clearly for every big winner there have to be a ton of losers. But it’s not just about the percentages, or about losers on a particular night or in a particular high-stakes tournament. I’m thinking about serious, highly ranked poker players who have gone broke . . . and never came back from that.

In fact, according to a recent article by Alan Schoonmaker in Card Player Magazine , “If you’re a pro, you have a much higher probability of dying broke than members of other professions, including people who earn much less than you’re winning now.”

Yes, there are many pros that were extremely successful; former WPT and WSOP champions and bracelet winners like Johnny Moss, Stu Ungar, Dave ‘Devilfish’ Ulliot and Gavin Smith to name a few, that not only lost it all and spent their final years penniless, but they also died broke.

How could that happen? Why didn’t they always save a portion of their winnings for their old age? Why weren’t they at least eligible to receive social security and Medicare?

The answer, according to Schoonmaker, is too much self-confidence, otherwise known as arrogance. That’s when you ignore the rules, thinking you don’t have to save money or pay taxes like normal people, believing instead that there will ALWAYS be another huge pot to count on every time you take a seat at a poker table.

Sometimes, there isn’t.

Click here to leave me your thoughts on this?

Lynn "Queen of Hearts" ParisLynn “Queen of Hearts” Paris

I doubt that many of us worry much about opinions issued by the U.S. Department of Justice, especially since the DOJ issues literally hundreds of opinions, on hundreds of topics, on a weekly basis. They are not laws, after all.

But, last week, when the DOJ’s Office of Legal Counsel issued a new opinion concerning the 1961 Interstate Wire Act, the online poker industry was not only worried, but holding its collective breath. The opinion reversed the previous stance of 2011 which concluded that the Wire Act only applied to sports betting, opining this time around that the Wire Act applies to online poker as well.

Again, it’s not the law; it’s an opinion that will definitely be tested in the courts. But it’s an opinion that definitely threatens the growth of the online poker industry, hitting hardest those states currently trying to get bills introducing online poker passed in their states. It could also have a major negative impact on the future of interstate compacts like the highly profitable one that exists between New Jersey, Delaware and Nevada.

Senator Ray LesniakFormer New Jersey State Sen. Raymond Lesniak was a major player in the fight to get online poker in New Jersey and helped create the multistate online poker alliance that facilitates liquidity sharing. He’s ready to step back into the fray and do battle in the courts if necessary. As he told Online Poker Report:

“It looks like I will have to go to court again to straighten out the Justice Department’s overreaching on states’ rights, as I did with sports betting. This opinion is outrageous. It puts state lotteries at risk and state revenues. If Congress won’t fix it, I will through the judicial process.”

The burning question remains: can online poker in the U.S. survive this new Wire Act opinion? Or does it muddy the waters even more concerning which forms of online gaming are legal and which are not. It certainly will make those states that have yet to introduce gaming legislation proceed with caution, if at all.

Send me your thoughts or questions on this!!