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ADDICTED TO THE TURBULENCE!!!

Aug
28
2008
Homesick
Posted in Poker | View Comments (11)
 

Edit part abotu TM

. Either I'm way better than I thought I was because I was coming up here expecting to get my balls handed to me or we have a bad team. Probably both. I've also been doing tons of running which I'm good at, hence the name, and just started lifting yesterday which I am new to and have bad technique at. This is an area where I need to improve, of course, and is going to make me a better wrestler. I've lifted weights maybe ten times my whole life. I've been very sore the past couple days and added a black eye to that just today. : \

I actually miss home a lot. This is thing I knew I was going to miss but when it happens I can't help being overwhelmed at times. It's been a week and a half and I really just to be home and have a dinner that my Mom cooked with everyone. Maybe it's that I'm not good at having a good time with most of the people in the world or I stay bitter to people who give off bad impressions or do stuff that pisses me off. I honestly don't care but I know that there is no reason why I should be spending a whole year with these people instead of the one's I love the most. That's life...

Yesterday I talked to a poker friend(Checkmate) who is about to become a financial advisor for a prestige firm. I decided that I was taking ~$600k offline and he directed me to put it into an ING market. I month from now we are going to figure out a plan to get me ~10% a compounded interest rate on that money which equates to my looking very bright. Compound Interest Calculator, play with some numbers, it's inspiring.http://math.about.com/library/blcompoundinterest.htm
Who knows what the money I win from poker can do for that rate, as well. He also directed to Russ Fox, who is the premier poker tax attorney/advisor and it looks like I'm going to be 40-45% of the money I take offline to the Governement. I just now that I'm making the best decision I could make by doing this.

The past 2 days were supose to be my off days but somehow I've ended up at the tables even feeling sick, sore, and tired. I got Benyamine HU and at two 6-max tables which went smooth. It helps to have full houses in 3-bet pots and have a set when someone else has a lower set!! It feels like I'm breakeven the past week for some odd reson and I'm actually up ~$210k. Weird. I also beat Spider Solitaire on Expert(4 suits) for the first time yesterday which was probably the 2nd happiest I've been all week behind my new financial plan : )

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Hand 1
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Full Tilt Poker, $200/$400 NL Hold'em Cash Game, 6 Players
LeggoPoker.com - Hand History Converter

SB: $41,000
BB: $45,997
UTG: $6,800
MP: $7,400
Hero (CO): $68,995.50
BTN: $22,997

Pre-Flop: 6 6 dealt to Hero (CO)
2 folds, Hero raises to $1,211, 2 folds, BB calls $811

Flop: ($2,622) 6 2 A (2 Players)
BB checks, Hero bets $2,129, BB raises to $5,800, Hero calls $3,671

Turn: ($14,222) J (2 Players)
BB bets $11,000, Hero calls $11,000

River: ($36,222) A (2 Players)
BB bets $27,986 and is All-In, Hero calls $27,986

Results: $92,194 Pot ($3 Rake)
BB showed 2 2 (a full house, Twos full of Aces) and LOST (-$45,997 NET)
Hero showed 6 6 (a full house, Sixes full of Aces) and WON $92,191 (+$46,194 NET)

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Hand 2
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Full Tilt Poker, $200/$400 NL Hold'em Cash Game, 2 Players
LeggoPoker.com - Hand History Converter

Hero (SB): $158,391.50
BB: $39,395.50

Pre-Flop: 9 7 dealt to Hero (SB)
Hero raises to $1,200, BB raises to $4,800, Hero calls $3,600

Flop: ($9,600) 2 7 7 (2 Players)
BB bets $6,800, Hero calls $6,800

Turn: ($23,200) 9 (2 Players)
BB checks, Hero checks

River: ($23,200) 4 (2 Players)
BB checks, Hero bets $146,791.50 and is All-In, BB calls $27,795.50 and is All-In

Results: $78,791 Pot ($0.50 Rake)
Hero showed 9 7 (a full house, Sevens full of Nines) and WON $78,790.50 (+$39,395 NET)
BB mucked K A (a pair of Sevens) and LOST (-$39,395.50 NET)

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Hand 3
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Full Tilt Poker, $200/$400 NL Hold'em Cash Game, 4 Players
LeggoPoker.com - Hand History Converter

UTG: $23,700
BTN: $29,472
SB: $80,000
Hero (BB): $24,000

Pre-Flop: K K dealt to Hero (BB)
UTG raises to $1,400, 2 folds, Hero raises to $4,988, UTG calls $3,588

Flop: ($10,176) 7 2 8 (2 Players)
Hero bets $5,126, UTG raises to $18,712 and is All-In, Hero calls $13,586

Turn: ($47,600) J (2 Players - 1 is All-In)

River: ($47,600) T (2 Players - 1 is All-In)

Results: $47,600 Pot ($2 Rake)
UTG showed T J (two pair, Jacks and Tens) and WON $47,598 (+$23,898 NET)
Hero showed K K (a pair of Kings) and LOST (-$23,700 NET)

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Comments
08-28-2008
rewket is offline rewket
i dont know but for 40% of 600k u never thought of leaving your great country and maybe waiting on having withdrawn enough to live from 100k+/year without ever working/griding again?

giving 40% of 600k to the war on iraq and people in the ghetto living on social security.. seems kind of a waste
08-29-2008
Probability is offline Probability
Probability's Avatar
I think you have to pay taxes regardless of where you are.
08-29-2008
Fuzzy Logic is offline Fuzzy Logic
Fuzzy Logic's Avatar
Ireland has no tax on winnings from gambling
08-29-2008
LT22 is offline LT22
LT22's Avatar
probability is right...unless of course you want to forfeit your citizenship and never see your family
08-29-2008
rewket is offline rewket
you don't need to be a citizen to visit the usa

and theres no plus in having the citizenship unless you like giving away free money.

300k is worth a lot more than a stupid citizenship.


+ you don't need to lose your citizenship to move money to a foreign country and never just get an ATM card from there and withdraw in any country with it.
08-29-2008
hobiejuan1 is offline hobiejuan1
hobiejuan1's Avatar
$300k is worth more than your U.S. citizenship? You're retarded. Foreigners die trying to become U.S. citizens.
08-29-2008
rewket is offline rewket
they die for the USA because its the closest country. that's it.. and it's the only one that don't welcome foreigners.

when you're white with money, being an american citizen or europe/canada has no difference besides that if you're the later. people will like you more before knowning you. and also you'll save money on taxes.

also with money its pretty easy to gain it back. in the worst case scenario, just marry your best friend.
08-29-2008
LT22 is offline LT22
LT22's Avatar
I'm just sitting here shaking my head
08-29-2008
alexgotay is offline alexgotay
I like his style! :-P
08-30-2008
MYNAMEIZGREG is offline MYNAMEIZGREG
Alright guys that's enough .

Nice blog post ash
09-03-2008
jmc1972 is offline jmc1972
I dont know why guys dont move either. You can reside on another country and not pay US taxes. You think someone who has moved to Europe and has lived there for 10 years sends tax back to the US?

It doesnt mean you cannot go to the USA it just means you have to spend X time living in the other country. So move to Bermuda, and travel back and rent an apartment whenever the hell you like.

You live in Bermuda(Im pretty sure there would be no tax on gambling there, if there is move to Australia) and take the couple of hours flight once a month if you must.
 
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