Cash The Checks

Personal Finance Blog With Advice On Making Money And Saving Money

RSS Facebook Twitter Advertise Bookmark

I Won!

Oct 06 2006 Gambling No comments

Royal Flush

So I won the poker tournament I played in tonight. That’s another $200 in my pocket bringing my total to $1,000 in poker tournament winnings thus far this year. Since I’ve won back to back weeks, I’d say this brings up my winning percentage up a bit to 1 win every 5 tournys. So $200 every 5 tournmanets equals an average of $40 per game, at an hour per game, that’s a $40 per hour average now.

PS: No I didn’t get a royal flush..

Read More

Playing in a Poker Tournament Tonight

Oct 06 2006 Gambling No comments

Poker and Chips

I’m playing in my weekly online no limit poker tourney tonight, $200 to the winner. I’ve been playing for the last year off and on, every Friday night, when I remember to make it. I’ve won 4 times thus far for a cool $800.

I’d say I win once every 6 times I play. That’s $200 earned every 6 games. Each game lasts about an hour. That comes out to a cool $33.33/hour. Nice work if you can get it.

Lets hope tonight I make it to $1,000 in winnings.

Read More

Week 4 NFL Bet Results

I thought I was going to do much better than I did. I guess that’s why they call it gambling. Here’s the one that really got me. The Cardinals and Falcons scored a total of 42 points, I had bet they’d get 40 or below, so I barely missed that one, but I really thought that was a sure-bet. I’m glad I didn’t wager more than $20 on that one.

Here’s the results. I went 4-2 this week.

I said the Bears would beat the Seahawks by 3 or more and they did. Add $12.90 to my account.

I said the Saints wouldn’t lose to the Panthers by more than 7 and they sure didn’t, they lost by 3. Add $18.18!

I said the Cardinals and Falcons would score 40 points or less, they ended up scoring 42. Subtract $20 :(

I said the Cowboys would beat the Titans by 10 points or more. They won by 31. Add $18.18 to my account.

I said the Vikings would win by one against the Bills, they lost by 5 so I lost another $20 there.

Finally, I said the Jets wouldn’t lose to the Colts by 11 or more, they lost by 3 in a great game, so I win $13.33.

Total Wagered This Week: $120

Total Won/Lost This Week:  +$22.59

Total in Sports Book account: $158.16

I’m seeing steady progress upwards every week, but it’s going really slowly.. at this rate I’ll end up at $200, which is a 200% return on my investment, but I’m looking for a 500% return :)

The $500 Challenge continues!

Read More

Online Gambling Now Illegal

Oct 04 2006 Gambling No comments

Poker Chips
At the 11th hour, Senate Majority Leader Bill Frist managed to attach his anti-gambling bill to the Ports Security Bill and both bills were subsequently passed through the Senate.

The bill now only needs to be signed by President George Bush to become law, and it is widely expected he will sign it before congressional elections early in November to gain support from the political right.

The online gambling industry had been reeling this year already from the arrests in the US of gambling executives Peter Dicks and David Carruthers, but there were few analysts who thought the anti-gambling bill would be passed through the US Senate in time. Had Frist not been able to attach the bill to the more important Ports Security Bill, he would have had to reinitiate the entire process next year.
Frist was quoted as saying: “Gambling is a serious addiction that undermines the family, dashes dreams and frays the fabric of society. For me, the bottom line is simple: internet gambling is illegal. Although we can’t monitor every online gambler or regulate offshore gambling, we can police the financial institutions that disregard our laws.”

There are those that believe the Republican moves to restrict the accessibility of payments to online gambling institutions is more likely to be due to a desire to restrict the flow of money to overseas-owned gambling institutions, many of which are publicly listed on the UK Stock Exchange.

Despite strong protests from the banking industry, which pointed out enforcing the measures would be impractical and expensive, the bill was passed and now financial organizations will be required by law to block electronic transfers of funds to online gambling companies.

It is believed many clients will find alternative payment routes, such as NETeller, but the majority of online gambling companies’ US business will be affected.

Article from: pokernews.com

Read More

Week 4 NFL Bets

I went a little crazy with my betting this week. I placed 6 $20 wagers for a total of $120 on the line. My account is currently at only $15.57. This is the make-it or break-it week. If I’m going to make it to $500 by the end of the season, I’m going to need to win 5 out of 6 of these bets.

Week 4 NFL Bets Part 1
NFL Week 4 Bets Part 2

Are any of these bets a “lock” ? I’m extremely confident that the total score of the Cardinals Falcons game will be 40 or under. Why? A few years ago, the Falcons beat the Cardinals 6-3! And last week, the Falcons scored only 3 points against New Orleans on Monday night. After a hyped-up game and less time to practice, I don’t see the Falcons scoring more than 20 points this game. I nearly bet more than $20 on this one..

Lets see how I do this week, I’m keeping my fingers crossed.

Read More

Week 4 NFL Picks

Sep 30 2006 Gambling No comments
Week 4 NFL Picks Part 2
Week 4 NFL Picks Part 1
The number in the []‘s means what weight I placed on each game. 14 being the one I’m most sure of, to 1 being the one I have least confidence in. Last week the spreads were real small, this week they’re huge. I don’t think most of these teams can cover the spread.
The game to watch is SD vs BAL, I’m not sure about this one, but I’ll take the points. If the Chargers win it’ll be by a late game field goal. This game is certainly a game I won’t be wagering on.

Read More

Week 3 NFL Results

Sep 25 2006 Gambling 2 comments

Placed two small bets and lost both of them this week. My Sports Book account is now at $135.57. Still a long way from $500.

Read More

NFL Week 3

Sep 23 2006 Gambling No comments

This week is a real tough week. I only made a couple of $10 bets. I certainly won’t make it to $500 by betting this little. But it’s a start.

Ravens to beat the Browns by 8 points or more.

Bears to beat the Vikings by 3 points or more.

Read More