Posts Tagged ‘cereus’

Rats Flee Sinking Ship

From Annie Duke’s website:

It’s bittersweet, but I’ve decided to leave UB.

I have nothing but positive things to say about UB and my experiences with the brand, management team, and dedicated employees who work hard every day to deliver a terrific online poker experience for players like you.

I’ve sincerely enjoyed wearing the UB patch, but it’s time for me to move on.

So why am I leaving UB? In a nutshell, professional and personal growth.

Translation: “They can’t afford to pay me and/or I don’t want to go to jail.” There’s been some speculation that perhaps Annie no longer wants to be associated with some of the biggest scumbags in the industry, but she’s stood by them for some time through a huge cheating scandal and repeated attempts to cover it up. Something has changed, and I’m guessing it’s their willingness or ability to pay her.

From Phil Hellmuth’s Twitter:

Making a BIG move…leaving UB. Truly lots of great memories, but it’s time to move on…Mutual decision…Looking forward to BRIGHT future!

The future’s so bright he has to wear shades… everywhere he goes… even indoors.

This one is less of a surprise. Phil was never as public in addressing UB’s problems as Annie was, and recently he’d stopped appearing in public with the UB logo.

The Reid Bill

Obviously I’ve been closely following discussions of the “Reid Bill” that would pave the way for licensing of US-based online poker operations following a “blackout period” during which it would be unlawful to offer such games to American players. I have no inside knowledge of the issue myself, but I believe I am well-qualified to sort through the conflicting opinions on this legislation and reach the following tentative conclusions:

Prospects Are Bleak

The online poker language is not in the tax cuts bill that is going to the floor for a vote. Reid is talking about trying to attach it to something else, but this seriously hurts its prospects for passage. Many on 2+2 are relieved by that, but I am not so sure it is good news. The picture of an unregulated future painted by both the Poker Players Alliance (PPA) and others in the know is rather bleak.

The Status Quo is Bad and Getting Worse

This is the major point that the bill’s detractors largely fail to acknowledge. Things are not just fine as they are now. It may seem that way, especially if you are a small stakes player who hasn’t dealt with moving large sums of money, but the sites that still serve US players face major hurdles in doing so.

More Cereus Clownage

Their flawless software that is now the best and most secure in the industry apparently produced this little gem in the UBOC O/8 event the other day. The bet sizes were all screwed up, enabling people to limp in for 15 at the 50/100 level, and for the player in the Big Blind to move all in. Their response was to cancel the tournament, refund buy-ins, and offer a freeroll for affected players with about $10,000 in UBOC championship event buy-ins added.

Thanks to TwoPlusTwo poster FreeFalling for this awesome image!