Well, a monumental week for online poker. The landscape of Internet poker was changed forever on Friday when The FBI in America and The Department of Justice shut down the three biggest online poker sites (Full Tilt, Pokerstars and Absolute Poker) citing bank fraud, money laundering and unlawful gambling. Now online poker in America has been a grey area for a long time since Party Poker pulled out in 2006 following the passing of the UIGEA bill, a bill which has been argued as unconstitutional and is being challenged. Full Tilt and Pokerstars captured the lion's share of the approximately 15 million US players that continued to play by circumventing that law that deems it illegal for the banks to deal directly with the poker sites. By use of 3rd party payment processors the US continued to play. It has now come to light that the poker sites lied to the banks about the true nature of their business and for this reason have been shut down to US players and numerous members of top tier staff arrested and indicted. I must stress that none of the claims of any wrongdoing have yet to have been proved and there is so much wild speculation around at the moment that no-one is really sure what is going to happen. All we know currently is that FTP and Pokerstars are claiming business as usual for the rest of the world but speculation is rife that their businesses my not be able to continue if hit by the reported $3billion fines.
So, with that bombshell covered on to my week. In addition to the shocking news on Friday I had a pretty atrocious time at the tables too. Despite finishing my coaching on Wednesday and being set free to crush the micros I had a pretty appalling week. I played bad, tilted too much and got my money in bad in too many spots. I have had to grind every night this week in order to get my take 2 bonus so have not had the time to really sit down and study some hands and see where I am going wrong. Suffice to say I need to and I need to review my sessions with my coach in order to get my head back in the right place.
So the tale of the week:
Hands: 5,306
Hours: 16.05
BB/100: -8.56
$/hour: -$5.66
Total winnings: -$90.81
Total rakeback: $17.40
Total for the week: -$73.41
Good work, Pokerlifter. You manage to follow up your best ever week with your second worst. I'm not gonna let this affect my mood too much, I can't afford to. As things stand I'm still in a decent amount of profit for April and am both on course with my winrate expectation and on course for my best ever month. Just gotta keep on moving forward and remain focused and positive.
Lifting Weights
Added to my disappointing week at poker I need to add a disappointing week of training. I have my excuses though they shouldn't get in the way. I worked earlies this week which is always tough on me, added to this I had two late nights out plus one overnight trip to Manchester so all in all I have been a little all over the place. So, to make up for this I will be repeating week 4 of P90x this coming week in order to get me back on track. I didn't want to get into a situation where I was repeating weeks but I always figured it would need to happen at some point as life is bound to get in the way every now and then!
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