Saturday, April 16, 2011

Poker withdrawal and worst

A few years ago I spent a week or so playing online Poker. After losing a few hands with really good cards I stopped playing and deleted the software. I'm not very smart but I realize that computers can be "controlled" by someone who understands algorithms and knows how to write code. If there is more than one player that knows one of those "someones" then anything is possible when it comes to controlling an online poker game. I know people that don't believe it can be fixed, and they spend quite a bit of time on the various sites. Those people and about 10 million other people are having major withdrawals today. The FBI seized two major sites....Full Tilt Poker and Pokerstars...and are close to shutting down a third one, Absolute Poker. A federal grand jury charged eleven people with bank fraud, money laundering and violation of gambling laws. The government is seeking to recover $3 billion from the online sites.


I just want you to pause for a second and listen to the story of Unlucky Uncle Jimbo.


Uncle Jimbo has been playing high stakes online poker for three years. He had a nice personal nest egg but he wasn't filthy rich....a six figure savings account. Uncle Jimbo also plays the races and over the last few years has lost a big share of his nest egg. Uncle Jimbo had lost $45,000 over a three year period playing online poker. He is a decent player and sometimes enters casino tournaments but has never finished higher than 20th. Three weeks ago he entered an online tournament with the grand prize being a seat at the 2011 World Poker Championships. The tournament was scheduled to end today and Unlucky Uncle Jimbo was one of two people left in the mix. So far he had accumulated $85,000 and if he won the last game then he would win $125,000 and a seat in the WPC. Uncle Jimbo woke up this morning, took a shower, had his coffee and wheat toast with a poached egg and then went into his den and fired up his nice new computer with his beautiful large screen monitor and got set to finish the tournament.......... and the website read 'THIS DOMAIN NAME HAS BEEN SEIZED BY THE F.B.I. PURSUANT TO AN ARREST WARRANT." Have a nice day! Needless to say at this point in time, Uncle Jimbo has no idea about the seat in the WPC and his money, along with everybody else's, is frozen like a dead Antarctica seal carcass.


The United States government has probably created the largest single group jones in the history of our country. It is estimated that 8 to 10 million people play online poker. This is obviously a TAX attack. The government ain't getting their share therefore they are taking their ball home.


Uncle Jimbo was last seen driving the wrong way on the freeway.


Michael Timothy McAlevey

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