Win with Jesus and Cigarette Policy
It should be no surprise to you who I'm hoping will win this year's WSOP main event (worth about 12 million dollars to first prize).
And, as AP reported just a few hours ago, my pick is looking good:
Chris "Jesus" Ferguson put his tournament on the line twice Tuesday, both times catching helpful cards at the World Series of Poker and turning a below-average stack into more than enough chips to remain a contender in the main event.
Ferguson had about 84,000 chips.
"I've been all-in with the worst hand and won both times," said Ferguson, who won the WSOP main event in 2000. "I'm willing to get my money in on a coin flip."
Both times, Ferguson acknowledged, his odds were worse than 50-50.
After about three hours of play on the fifth day of the world's largest tournament, 1,085 of the 1,637 who played Tuesday remained in the hunt for a top prize of more than $11.5 million.
In other poker news, Slate had a nice piece about online poker restrictions and why we need to find some middle ground to solve all this gambling hypocrisy. The author recommends the cigarette approach:
There is, however, a path between libertarianism and prohibition—the mildly paternalistic approach that nearly all Western countries now take toward cigarettes. This model says that gambling shouldn't be prohibited, but that it must be regulated—both to protect gamblers from themselves and to protect nongamblers from the externalities of gambling. Following this model, gambling would be basically legal. But state and local authorities would decide where it could and could not take place. They would make sure it isn't crooked, the way the Nevada Gaming Commission does. And they'd tax the beejezus out of it—both to discourage an activity we don't want a great deal more of in our society and to raise painless revenue from what is already approaching a $100 billion-per-year business.