slot onlain is running a series of freerolls to win an entry to the Pokerstars Caribbean Adventure poker tournament held at Atlantis in the Bahamas in January. You can play in one freeroll each week, held daily at 6:30 p.m. and 9:00 p.m.. The grand prize is, of course, the trip and entry to the tournament and the opportunity to meet Daniel Negreanu. There are also more than 125,000 cash prizes, even if you don’t win your way to the tournament.

IRS requiring tournaments to report winnings

The AP, through Yahoo News is reporting that the IRS is now requiring poker tournaments to report winnings in excess of $5,000 beginning March 4, 2008. Maybe this is old news, I seem to recall hearing whispers about this already.

They’re giving tournament sponsors the choice between withholding 25% and sending it to the IRS, with no reporting requirement, or report the winnings but don’t withhold.

I think if I’m a player, I prefer the second option. Let me hang on to my money as long as I can before allowing the IRS to confiscate it.

I wonder if offshore online poker sites plan to comply? Methinks this pill would go down a lot easier without the UIGEA in effect…

That Al must be a silver-tongued devil

Cheers to Al for cheating convincing Full Tilt Poker that Poker Bloggers are a good investment. Click through the banner to check out his announcement, them check out the second post clarifying a few housekeeping items. This is a great opportunity for bloggers AND readers to compete for a trip to Australia to play in the Aussie Millions:

$18,000 Prize Package for you and a friend

The 2008 Aussie Millions Main Event begins Monday, January 14th and promises to be bigger than ever. Play for your $18K prize package, including:

* Aussie Millions Main Event entry worth AUD $10,500

* 10 nights stay at the luxurious Crown Casino Resort

* Round-trip airfare for the winner and a guest from Los Angeles to Melbourne

* $3,000 in spending money

* Winner & Pro golf outings, dinners, winery tours, seminars and a bounty tournament

I may have to step out of my intermittent Mookie cubbyhole and try one or two other tourneys. The list of qualifying tourneys for the Tournament of Champions is at Al’s site.

The bright light of morn…

So, everything looks better in the morning, I suppose. I’ll post the hand history of my bust-out hand tonight. It will be interesting to describe what I was thinking, where I made my mistake, and why I thought I could get away with it.

Hint: Gap Concept.

If you don’t know what I’m talking about, come back later for the second-most-important lesson in poker after pot odds. If you do know what I’m talking about, you know why I’m still a little frustrated.

I’m pleased with MOST of my play last night. I wasn’t forcing anything, just let the cards, position, and situation dictate my play. ABC poker. To be honest, and maybe a little arrogant, the only player I sat with that I felt the need to avoid was Maudie, who I sat with early in the tournament for a short time. She stole a couple of my blinds. Harumph. 😉

I didn’t recognize anyone else. I saw Blood, Surflexus and a couple others on the leaderboard late, but thankfully never sat with them. The people I sat with seemed to mostly be on first-level thinking. No disrespect intended, it’s just that any 75-person Mookie is more intimidating than what I faced at my tables. If anyone that sat with me is offended, the Mookie is every Wednesday at 10 pm Eastern on Full Tilt, sign up and see for yourself.

So, retail pricing on the xBox Elite is $479, a little lower on Amazon. Wonder why the eBay-ers think they can get more? I dunno, but Mrs. Big is going to research past sales there and we’ll figure out what we’re going to do. I think I’ll use the money to take my kids to Mickey’s Very Merry Christmas. They love that stuff.