PSA to all
Poker players in Vegas: be very careful with your phones. I know of 3 people already that have had their phones stolen @WSOP already this summer.
@cryptorover The CLARITY Act hitting the Senate floor isn't a crypto moment it's a capital markets moment. Every institution that's been sitting on the sidelines waiting for legal clarity just got their green light. The hesitation trade is officially over.
BREAKING:
Trump just told the entire world to buy stocks and crypto.
"You'd better start buying stocks and crypto now."
"This country is going to take off like a rocket straight up."
"Up. Up. Up."
May 14.
The same day as the CLARITY Act vote.
The same week Iran peace is being negotiated.
The same week Trump flies to Beijing.
Trump doesn't say things like this without a plan.
The last time he said something like this.
The market followed.
Don't underestimate the man's words.
Alex Foxen on why folding is a weapon in poker:👇
“When we're making big folds over and over, this is generally because we're able to make these +EV decisions that maybe [GTO] theory or other people would be losing more money on.
And this is the ‘folding is a weapon’ mindset that can be very helpful.
And this is something that I have forever struggled with, to really see the scoreboard in terms of EV and ‘folding isn't losing’.
This is why I think theory is such a limiting perspective because if you deal a hand and PIO [solver] is playing in every seat (other than the randomization factor of different decisions from an EV perspective), we could directly calculate exactly a predetermined EV for each person's hand and our job as a player is to manipulate that EV in our favor.
So, it's to win more when we have the best hand, to lose less when we have the worst hand, and to do our best to maximize both sides of that equation”.
@WAFoxen
I did not participate in, and still have no knowledge of, any money laundering in the operation of the Lodge.
I understand that some people assume that because there was a search warrant, a crime must have been committed, but that’s not really how the process works. A search warrant is just one step in an investigation, based on an affidavit from law enforcement.
That affidavit has not been given to the Lodge or made public.
My heart goes out to the hundreds of Lodge employees whose jobs are in jeopardy. These are good, kind, hardworking people, and it is painful to see them struggle through this uncertainty.
I also care deeply about the situation for our members. There are numerous people with both chip balances and tournament payouts that cannot currently be processed. I want to reiterate that these members will be made whole, and I will personally make sure that happens, in coordination with my attorneys, so that it is done properly.
With the advice of my lawyers, I am committed to cooperating with law enforcement officials, answering any questions they have, and doing everything I can to clear up the confusion of what has and has not been happening at The Lodge.
I expect to provide another update soon, once more information is available and my attorneys have had an opportunity to fully assess the situation.
In the meantime, I appreciate your patience and support.