Cash The Checks

Personal finance and financial advice blog from a six figure a year online entrepreneur.


The World Series of Poker
Feb 10 2007 Gambling No comments

The WSOP is the world’s last great gold rush. It’s where an average joe (who knows how to play poker) can invest $10,000 to play in the Main Event, and walk away with 10 million dollars. Even if you finish in 50th place you’ll walk away with hundreds of thousands. Each year, the field is growing larger and larger so the odds of winning are slim, but the last several years, absolute nobody’s have made it to the final table.

Poker’s the only “sport” where you don’t need great athleticism to be a success. Just the ability to read people’s hands all while keeping a poker face.

- Edwin, CashTheChecks.com

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Week 10 NFL Bets
Nov 11 2006 Gambling No comments

I placed 6 bets again this week.

Colts(Indianapolis) -12
Saints(NewOrleans) +5.5
Broncos(Denver) -7 (-160)
Seahawks(Seattle) -3 (-115)
Chargers(SanDiego) -1
Chiefs(KansasCity) +1.5

- Edwin, CashTheChecks.com

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Week 9 NFL Results
Nov 06 2006 Gambling No comments

I went 3-3 this week, nearly went 4-2.
Total Wagered This Week: $120

Total Won/Lost This Week:  -$7.23
Total in Sports Book account: $180.79

New 2006 Season Goal: $200.00

- Edwin, CashTheChecks.com

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Week 9 NFL Bets
Nov 04 2006 Gambling No comments

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I’m wagering $120 again this week. Here are my picks.

- Edwin, CashTheChecks.com

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Week 8 NFL Results
Nov 01 2006 Gambling No comments

It was a good week, went 4-2.

Total Wagered This Week: $120

Total Won/Lost This Week:  +$32.80
Total in Sports Book account: $188.02

New 2006 Season Goal: $200.00

- Edwin, CashTheChecks.com

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Week 8 NFL Picks
Oct 28 2006 Gambling No comments
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- Edwin, CashTheChecks.com

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Week 7 NFL Results
Oct 28 2006 Gambling No comments

I went 4-3, not good enough to make much money.

Total Wagered This Week: $140

Total Won/Lost This Week:  +$5.77
Total in Sports Book account: $155.22

New 2006 Season Goal: $200.00

- Edwin, CashTheChecks.com

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NFL Week 7 Picks
Oct 20 2006 Gambling No comments
I’m placing 7 $20 wagers this week, putting up a total of $140 on the line. Here are my picks for Week 7.
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- Edwin, CashTheChecks.com

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Won Another Poker Tournament
Oct 19 2006 Gambling No comments

Poker

I played in another poker tournament tonight, lasted from 7:00PM-8:15PM, and I won another $200! That puts my poker winnings this year at $1,200 with a $0 investment.

I’d say this brings my poker tournament average to 1 win every 4 tournaments I play in, at $200 for each win, that’s a cool $50 per hour for playing poker. Sweet.

- Edwin, CashTheChecks.com

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NFL Week 6 Results
Oct 15 2006 Gambling No comments

I went 4-4 this week, not good enough for a profit this week either.

Total Wagered This Week: $80

Total Won/Lost This Week:  -$3.56

Total in Sports Book account: $149.45

2006 Season Goal: $500

Looks like I won’t get there, but I’m aiming to get to $200 to at least double my money by the end of the year.

- Edwin, CashTheChecks.com

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Week 6 NFL Picks
Oct 13 2006 Gambling No comments

This week instead of placing a few $20 bets, I decided to place 8 $10 bets.

Lets take a look at my Week 6 NFL bets.

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- Edwin, CashTheChecks.com

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The Hypocracy of Online Gambling Bill
Oct 12 2006 Gambling 1 comment

First of all, this bill was added to a port security bill at the last minute. What a sneaky way of making sure a law passes. There was absolutely no discussion about this law in Congress. Who wants to be the guy who stops a port security bill after all.

Here’s where the new law is loony. You can still gamble in casinos. You can still bet on horse racing and play the lottery. You just can’t play poker online for money anymore. Whether you agree or disagree with gambling there’s plenty of hypocracy going on here.
In about 9 months this will come into effect. Credit cards and banks can no longer process transactions dealing with online gambling. There’s many online marketers who make money sending their visitors to Party Poker and similar sites. They’re going to need to find a new line of work, and fast. A lot of the online gambling companies will most certainly go bankrupt or at least downsize drastically. Without US customers, they have no chance. I don’t see someone in Australia betting $50 on the Dodgers game anytime soon.

What this new law does mean is that the gambling money that was going overseas will now stay here. Casinos in the US will get more business, the US economy would improve and more jobs will be created in the US. It makes sense, but not allowing someone to gamble their own money at BlackJack online in the comfort of their own home really impedes with our first amendment rights.

- Edwin, CashTheChecks.com

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Week 5 Results
Oct 09 2006 Gambling No comments

I went 2-2 this week, but it’s not good enough to make a profit.

Total Wagered This Week: $80

Total Won/Lost This Week:  -$5.15

Total in Sports Book account: $153.01

2006 Season Goal: $500

- Edwin, CashTheChecks.com

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My Week 5 NFL Bets
Oct 06 2006 Gambling No comments

Week 5 NFL Bets

I’m wagering a total of $80 this week on 4 games. I’ll post next week how I fared and my yearly progress in my quest to turn $100 into $500 by the end of the season.

- Edwin, CashTheChecks.com

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Here’s My Week 5 NFL Football Picks
Oct 06 2006 Gambling No comments

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I’m very confident about my picks this week.. Next I’m going to see what games I’ll be betting on this week..

- Edwin, CashTheChecks.com

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