Is the end of prohibition finally around the corner?

My friends are often surprised when I tell them my #1 political issue is repealing (drug) prohibition. Since they know I don't do anything stronger than Tanqueray 10, they are often puzzled. This piece in the LA Times outlines the arguments well.

Apparently I'm a Democrat.

80% Mike Gravel
78% Dennis Kucinich
73% Barack Obama
71% Chris Dodd
69% Bill Richardson
68% Hillary Clinton
68% John Edwards
66% Joe Biden
40% Ron Paul
40% Rudy Giuliani
34% John McCain
34% Mitt Romney
28% Mike Huckabee
23% Fred Thompson
22% Tom Tancredo

2008 Presidential Candidate Matching Quiz

2007 WSOP Wrapup

Once the Harrah's bigwigs finally figured out I wasn't some kind of criminal mastermind I was free to play at the 2007 World Series of Poker and even get a room at the Rio, although not quite up to the standards of the Palazzo Suites they put me in last year.

I planned to get the Rio room if I made it deep in the main event, but other than that I was staying at the Wynn, where I have a special deal: I don't win and they don't kick me out.

The big improvement this year wasn't Harrah's doing: Nevada made smoking indoors illegal, except for casinos, bars, strip clubs, and brothels. As a result, the noxious clouds were even farther from the action than last year. People were supposed to go outside to smoke, and largely did. They even had big fans to blow the smoke away.


I never did get a straight answer as to why Harrah's 86'ed me. As soon as I got to talk with Tom Jenkin, who is in charge of all the Vegas properties, he immediately realized it was a mistake and reinstated me within hours. My suspicion is that some managers within Caesars Palace simply did not want to risk my hitting even more big jackpots and making their numbers look even worse. But really, to send me a certified letter warning me off the premises when I'd been coming to Caesars Palace for 25 years without a problem -- it just boggles the mind. But Tom assured me nobody thought I did anything wrong and if I hit four more royal flushes tomorrow, I'd be perfectly OK with him.

So that being settled, I went on to enter 10 of the preliminary events. I played with some cool people, including Ross "Rocky" Boatman, Liz Lieu, and Andrew Prock (right), author of the excellent PokerStove software. We had met last year at BARGE, but previously had exchanged posts on rec.gambling.poker in which he had referred to me as a "rich dilettante." I corrected him, as I prefer to be called a rich, arrogant dilettante, and he graciously assented. Andrew is a pleasure to play with, witty and trenchant. I hope to be on his left next time.

The tournaments were grueling. I like to play poker for a few hours, not all day and all night, but the schedule demanded play until two or three in the morning every day, provided I was still in, which I often was. I don't know how guys like Chris "Jesus" Ferguson, shown here after winning a high-stakes pool match, have done it year after year. Frankly it reminds me of my time at Harvard: I loved being around the people if only I didn't have to put up with all those damned classes. Other than an amusing table assignment one day (left), most of the events felt more like drudgery than fun. Of course I'm sure if I ever made a final table that would be a lot more exciting than busting out after 10 or 15 hours of play with nothing to show for it but a $10 food comp.

I staked my 21-year-old buddy Kyle Ray to his first WSOP event, the $1500 mixed hold 'em, and he brought home a nice cash. He's a very serious student of the game and I expect great things of him.

What I was looking forward to the most was hanging out with the math team: Bill Chen and Jerrod Ankenman, who co-authored the bible of game theory as applied to poker, The Mathematics of Poker, Terrence Chan, and Matt Hawrilenko. These guys are all phenomenal poker players and a lot of fun to hang out with.


I had dinner with Matt, Terrence, and Terrence's new girlfriend Laren at the Country Club at Wynn. Country Club may be my favorite restaurant in town now. They do the steaks charcoal-broiled with a salt rub, but given that I'm eating healthy these days I appreciate the one or two fish dishes they always offer. The service is personal and attentive and the wine list, like the menu, is small but very high quality. We had the last bottle of the Penner-Ash Syrah. Matt approved.

A few days later I made it over to the math team clubhouse, where I hoped to learn something about poker but instead played pool and watched Matt and Terrence engage in the manly sport of wrestling. I met Mike Fong, who was sharing the house with the math team although he hadn't yet established credentials as lofty as the others. We bought a chip set from the Rio and practiced HORSE, showing our cards at the end of each hand for commentary. I got a nice shot of Laren's feet.

The main event was almost a non-event for me. I came within a few chips of doubling up and then ran out of luck, busting on the first day when 3/4 of the field hadn't even started playing yet. That gave me the weekend to relax and unwind at the Wynn before I flew home.

The more I stay at the Wynn the more I think it's by far the best hotel in town, not just for the facilities but for the excellent service top to bottom. Nichole (above right) enjoyed her first Kobe burger on the patio at Tableau while I entered an invitational Baccarat tournament for casino high rollers.

I bombed out but Russell Rosenblum (left), one of the smartest and nicest guys in poker with one of the sweetest and prettiest wives, took his beginner's luck into third place for a nice chunk of change.

But the big surprise was the winner: Full Tilt pro Roland de Wolfe (right), whom I didn't even know played Baccarat. Roland is a frenetic, upbeat guy you just want to root for. He later tried to invite us to his birthday party but the elevator doors closed before he could tell us the details, almost snipping off his nose.

Tournament poker can be a road to heartbreak. Bill Chen told me a great player can expect to cash in one out of seven tournaments. If a bad streak comes, that can easily mean 20 events in a row without cashing. The math team didn't do so well this year. Last year Bill won two bracelets. Why do we do it?

I guess it's fun.

Two more pics of Nichole...she cleans up nice.

A disappointing cash

I just finished my seventh event of the 2007 WSOP, the $3000 limit Hold 'Em. I made the money but then ran out of luck and cashed in 21st place for $7761. At my last table I played a pot against Phil Hellmuth, who still didn't know my name after four years. I reraised his early-position raise in the small blind with QQ and he raised my flop bet on a board of King-rag-rag and I just called, intending to call him down. He checked behind on the turn and I checked the river hoping he would bet. He didn't and showed Ace-Queen, well played to lose the minimum and get the free card.

Made day 2 of the limit Hold 'Em championship

I played my first event since Harrah's lifted the ban, the $5000 Limit Hold 'Em championship. Despite having Andrew Prock on my left and Ted "I have a straight" Lawson two to my right, I built my starting stack of 10,000 up to 24,000 before going cold toward the end of the day. I advance to day 2 with slightly more than my starting chips, 10,600. Barry Greenstein and Mimi Tran are at my table.

It would make a hell of a story if I won this one!

I can play!

Thanks to the quiet diplomacy of WSOP commissioner Jeffrey Pollack and to many of my fellow poker players vouching for my character, Harrah’s has decided to allow me to play in the remainder of the WSOP and lifted the ban on my entering their properties. I’m still learning the details of why this was handled this way but it’s looking more and more like a big mistake. As usual everyone at Harrah’s was friendly and professional. I will post more details as they become available but I can now eat at the buffet without fear of arrest.

I want to thank everyone who supported me from the bottom of my heart. It is very gratifying to know how much my friends care.

I guess I won’t be needing the “Free Quiet Lion!” hats and t-shirts after all.

Fall of the Roman Empire

In an overreaction of thermonuclear proportions to my recent good luck, Harrah’s has barred me from playing in the World Series of Poker, and in fact from even setting foot in any of their hotels.

When Harrah’s Entertainment bought Caesars Palace, many industry pundits predicted they would have trouble managing the high-roller business. Harrah’s was built on the high-margin, low-volume player. They produce a predictable win, cost little in comps, and there are many, many of them. High rollers demand games with a slim house advantage, generous comps, and the possibility of actually walking away with a win once in a while.

Harrah’s doesn’t like that.

For 40 years, Caesars Palace had a reputation for welcoming big action. At one point they were the biggest place in town. They loved big players and didn’t sweat if somebody won. They wanted to keep him coming back. Eventually the house edge would kick in, but for now they’d let the player enjoy his good fortune.

That reputation is gone.

On May 10, Harrah’s sent certified letters to several high rollers informing them that their business was no longer wanted at Caesars Palace or any of the other Harrah’s properties in Nevada, California, and Arizona. I was one of them. I called the office of Tom Jenkins, regional vice president, and got a call back from Terry Byrnes, the VP of customer service. He told me I was being 86ed because they couldn't figure out how to make a profit off me.

Now understand, the only games I play are poker and video poker. In poker, the house makes a 100% guaranteed profit straight off the top. In video poker, the house controls every aspect of the game: the paytables, the amount of the house edge, and the promotions and incentives they offer. There is no way to use skill – or even cheat – to beat video poker. You can’t count cards. You can’t peek at the dealer’s hole card. It’s a machine. The best you could possibly hope for is to play computer-perfect, which I don’t, and even if that were possible the machine still has a maximum theoretical payout chosen by the casino. The only thing the casino can’t control is luck. One reason I like video poker is because you can get lucky and win. You hit a royal flush every 40,000 hands or so. If you’re lucky enough to hit two, you’re ahead! If you hit three, you’re ahead for a long time!

Boy, have I been lucky at Harrah’s.

I hit four huge royal flushes in the last year at three of the Las Vegas Harrah’s properties. Not surprisingly, I’m ahead, although I’ve put 80% of it back. This seems to rub them the wrong way. But I have trouble imagining the thought process that would cause someone to decide that kicking out one of your most loyal customers is an appropriate solution to the problem of him having extremely good luck. If they think the machines are too loose, make them tighter. If they think they are giving me too much in comps, give less. They control every aspect of the game. Except luck. And kicking out players who have been lucky makes about as much sense as banning people from playing the lottery because they win it.

Reactions to lucky streaks in video poker are not unique to Harrah's, but the usual response is to cut down on the promotional offers to players who aren't losing as much as they hoped. Even that is potentially unsound business: lucky players get unlucky and you want them to be at your place when that happens.

If it weren’t for the WSOP, I’d laugh about this rather than cry. I don’t think they’re trying to punish me, I just think they don’t understand their business and are compounding one costly mistake – offering way too much in comps and incentives to video-poker players – with another. My friends, if you can’t figure out how to make money from people who only play games with a built-in house edge, you may as well give up on the casino business and close your doors.

In the meantime, know that the winner of the main event this year cannot be considered a true world champion.

Not when the Quiet Lion isn’t allowed to play.