Sunday, April 6, 2008

Back to the internet

I stayed away from my gambling for the past few days. Last night I was home and bored so I did something I haven't done much of in the past couple of years. I played cash game poker on the internet.

I started playing poker on the internet about 7 years ago. I can actually say that I played at the very first live cash game offered by PartyPoker.com. On that first day while I was playing I don't ever remember them having more than a couple of games going for real money. Mike Sexton, the current host of the World Poker Tour, was their ambassador and was chatting with us at the table. I became an internet tournament specialist and limited my play to tournaments for the last few years that I played on the internet. I won a good amount of money playing these tournaments, but definitely nothing life changing. I did win a free cruise that included a $5500 entry to a World Poker Tour event. I lasted down to two tables and was knocked out by the eventual tournament winner, Howard Lederer. I officially finshed in 14th place and made a very brief appearence on the WPT telecast.

About two years ago I quit gambling on the internet due to possible conflicts with my work. In my work I deal with casino regulators from many different US jurisdictions and was concerned that they may require some detailed background checks. As you may or may not realize, in the US it is illegal to gamble online. About a month or two ago I decided that it is okay for me to continue to gamble online until the time when one of the regulators starts questioning me about it. I will be upfront and honest, and if they ask me to quit gambling online I will quit. To date, I am not aware of anyone the have asked to quit gambling online.

Back to the reason for this Blog. I had about $200 in an online poker site and decided to play a little. The $200 really wasn't enough for me to play the games I wanted, so I loaded an additional $500 into the account. I started playing at a $5/$10 No Limit Holdem game, but it was teribble and very boring. I then saw a bunch of seats open at some lively $2/$4 NL tables so I decided to jump in with the beginners. So far this has worked out pretty good for me. I am up $1100 in about 7 hours of play. I never won any hands bigger than about $250 while I did lose about $450 on one hand. Really it was just an easy grind. It would get a little boring but so far the good results are keeping me interested. I know me, if I get too bored I will jump in the much bigger games that are now too volitale for my measly bankroll. My goal is to slowly build my online bankroll up until I have enough to cash a few thousand dollars a month. We'll see how it goes.

I also lost $80 today at Putter's playing the $1 progressive that is at about $10,200.


Daily Result: +1,020
Year to Date: +$33,185

1 comment:

Anonymous said...

DRich,

I like checking your blog, it is always interesting to see what is happening. I was curious, which online poker site do you prefer?