The Poker World is a Buzz

There is alot of poker news to report so here we go.

Last Friday Congress held a hearing on Internet Gambling that was broadcast live via web feed. I watched the hearing in its entirety and found it interesting but I am not sure what is going to be the next step for Congressmen Barney Frank and if he will try and appeal the IGEA act .

One member of the witness panel Radley Balko, Senior Editor to Reason Magazine, gave a fantastic opening speech and was a strong supporter against the governments prohibition on Internet Gambling. You can read his opening testimony here.

In other news, Brian Townsend reported a win of 2.15 million. Townsend has been playing Sammy Farha, Patrik Antonious, Johnny Chan, and other pros in HUGE cash games during the WSOP over the last five days.

Poker Brat Phil Hellmuth wins his 11th bracelet at the WSOP and now leads the pack as the only poker player in history with more than ten bracelets. Phil also took home $637,254 for the event.

Allan Cunningham wins his 5th bracelet and a $487,287 win for 1st place in the $5,000 PL Hold 'Em event.

On the home front I have been just grinding and building my bankroll. I am crushing .50/1 NL (100NL) playing four to five tables at a time for a consistent profit. Right now I am thinking of building my bankroll back up to 5k again and then moving up to multi-tabling 200NL on the regular. I have taken shots in the past but its a tougher game up there. I will keep you updated on my progress.

Good luck at the tables!