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Place the blinds (starting bets) or 'ante up.' In poker, bets are placed at the beginning of the game in one of 2 ways. In Texas Hold’em, the player next to the dealer typically places a small blind bet that’s half of the usual minimum bet, while the player to that person’s left places a big blind that’s at least the minimum bet. Planning poker, also called Scrum poker, is a consensus-based, gamified technique for estimating, mostly used to estimate effort or relative size of development goals in software development. In planning poker, members of the group make estimates by playing numbered cards face-down to the table, instead of speaking them aloud. Planning Poker Wikipedia, poker nec oynanilir, grand victoria casino buffet hours, comprensivo falcone casino gov.

Born	April 21, 1978 (age 42) Loveland, Colorado, U.S.
Nationality	American
Occupation	Entrepreneur, speaker, author
Molly's Game
Parent(s)	Larry Bloom
Relatives	Jeremy Bloom (brother) Colby Cohen (cousin)

Molly Bloom (born April 21, 1978) is an American entrepreneur, speaker,^[1]author of the 2014 memoir Molly's Game. She had trained for years to become an Olympicskier, but was injured while trying to qualify for the Olympics.

In April 2013, she was charged with running a high-stakes poker game that originated in the Viper Room in Los Angeles, which attracted wealthy people, sports figures, and Hollywood celebrities.^[2] In May 2014, after pleading guilty to reduced charges, she was sentenced to one year of probation, a $1,000 fine, and 200 hours of community service.^[3] In addition, she was required to forfeit $125,000 in earnings from the games she operated.^[3]

A film adaptation of her book, Molly's Game, starring Jessica Chastain and directed by Aaron Sorkin, debuted in December 2017.^[4]

Early life[edit]

Bloom was born on April 21, 1978, and grew up in Loveland, Colorado. Her father, Larry Bloom, is a clinical psychologist and a professor at Colorado State University.^[5] Her mother, Char, was a ski and snowboard instructor and a professional fly-fisher with her own line of clothing.^[6] Bloom's father is Jewish and her mother is Christian.^[7] Her brothers are Jordan Bloom, a surgeon at Massachusetts General Hospital, and Jeremy Bloom, who was an American Olympic skier and professional American football player with the Philadelphia Eagles.^[8] She was a competitive skier and at one time ranked third in Nor-Am Cup for women's moguls skiers; she later suffered an injury while trying to qualify for the Olympics.^[9] She attended the University of Colorado Boulder, where she graduated summa cum laude with a Bachelor of Arts in Political Science.^[10]

Poker game[edit]

In 2004, Bloom moved to Los Angeles and found work as a barmaid. In 2004, Darin Feinstein, one of the co-owners of The Viper Room nightclub, was approached by actor Tobey Maguire about hosting a high-stakes poker game in the basement of the club. Feinstein recruited Bloom to cater to the players and manage the game. In 2007, Bloom started her own business, registering Molly Bloom Inc. as an event and catering company to host poker tournaments.^[11] By 2008, the games had graduated to private homes and hotels like the Peninsula Beverly Hills, with hands going as high as $4 million.^[12] In addition to Maguire, many wealthy individuals, celebrities and sports figures were known to frequent the games including Leonardo DiCaprio, Alec Gores, Macaulay Culkin, Matt Damon, Ben Affleck, Alex Rodriguez, Nelly, Mary Kate Olsen, Ashley Olsen, Phil Ivey, Rick Salomon and Andy Beal.^[13]^[14]^[15] The onset of the 2008 recession made underground poker games less common, and in 2009, Bloom moved to an Upper West Side high-rise near Manhattan's Lincoln Center. She began organizing games in a private apartment at the new Astor Place and suites at the Plaza Hotel, which used the same sophisticated dealing equipment used in casinos, and which were staffed by women hired from 1 Oak, an exclusive nightclub. However, Bloom had fewer contacts in New York, where raids on underground games prompted them to relocate to Long Island. As a result of this, Bloom attracted rich businessmen from Wall Street but also more disreputable gamblers whose bids were significantly smaller than those in Los Angeles. In June 2010, Bloom was served with a $116,133 tax lien for failing to pay appropriate taxes on her New York events.^[13]

Arrest and sentencing[edit]

In 2011, one of Bloom's games in Los Angeles was shut down as part of a bankruptcy investigation into a Ponzi scheme run by Bradley Ruderman, one of the players.^[16] Bloom, who had received money from Ruderman as part of the game, was accused of receiving $473,000 from Ruderman's bank to settle his debts and sued by the bankruptcy trustee for $473,200, but she denied that she was involved in organizing illegal gambling.^[16] Bank records showed 19 transfers to Bloom in 2007 and 2008 for amounts up to $57,500.^[13]

On April 16, 2013, Bloom was arrested and charged along with 33 others as part of a $100 million money laundering and illegal sports gambling operation.^[2]Preet Bharara, the United States Attorney for the Southern District of New York, charged 12 people with racketeering. Others were charged with money laundering, extortion, fraud and operating illegal poker rooms in New York City. Bloom, who was 34 at the time, faced a maximum penalty of 10 years in prison, six years of supervised release, a fine of $1.5 million or twice the amount gained from the crimes or twice the amount lost by victims, and a $200 special assessment.^[17]^[18]

In May 2014, Bloom pleaded guilty to a lesser charge and was sentenced to one year of probation and 200 hours of community service.^[19] At the sentencing, Bloom's lawyer, Jim Walden, told the court that Bloom was in severe debt which included forfeiting $125,000 in poker proceeds as part of the plea.^[3] He stated that Bloom had 'been ordered into the gambling business' by her boss at a Los Angeles real estate company,^[3] then went on to create her own illegal poker game in New York in 2009.^[3]

Book and film[edit]

Bloom's memoir about her experiences, Molly's Game, was published in 2014.^[20]

A film adaptation of the book, also called Molly's Game, written and directed by Aaron Sorkin, premiered at the Toronto Film Festival on September 8, 2017.^[21]Jessica Chastain plays the role of Molly Bloom.^[22] The film received a 2018 Academy Award nomination in the category Best Adapted Screenplay.^[23]

References[edit]

^'How to Create An Authentic Customer Experience, According to Poker Entrepreneur Molly Bloom - Business101.com'. Business101.com. 2018-06-19. Retrieved 2018-07-26.
^ ^a^bNancy Dillon; Robert Gearty; Daniel Beekman (April 17, 2013). 'Feds take down high-stakes poker, sports booking ring used by A-list celebs, Wall Street fat cats'. New York Daily News. Retrieved December 19, 2017.
^ ^a^b^c^d^eGregorian, Dareh (May 2, 2014). 'So-called 'Poker Princess,' implicated in $100 million gambling ring, ducks jail time, gets probation'. Daily News. New York, NY.
^Ray Rahman (August 14, 2017). 'Aaron Sorkin on Directing His First Movie With 'Molly's Game''. Entertainment Weekly. Retrieved December 19, 2017.
^Nate Day (March 8, 2017). 'New book-to-movie adaptation has connection to daughter of CSU faculty'. Rocky Mountain Collegian. Retrieved December 19, 2017.
^Charlie Meyers (February 25, 2006). 'Bloom to appear at sports show'. The Denver Post. Retrieved December 19, 2017.
^Bloom, Nate (November 22, 2017). 'Hollywood's Celebrity Jews - Movies and more'. The Detroit Jewish News. Retrieved May 5, 2018.
^Pullen, John Patrick (March 2013). 'World-Champion Skier Jeremy Bloom's Unconventional Path to Entrepreneurship'. Entrepreneur. Retrieved December 19, 2017.
^'Molly Bloom – Cup Standings'. FIS-ski.com. International Ski Federation. Retrieved 7 January 2019.
^John Wenzel (August 27, 2014). 'Molly Bloom's 'Game' reveals stacked deck of ambition, drama in world of high-stakes poker'. The Denver Post. Retrieved December 19, 2017.
^Robert Kolker (June 30, 2013). 'Manhattan Fold 'Em'. New York Magazine. Retrieved December 19, 2017.
^Seth Abramovitch (September 10, 2017). 'Hollywood Flashback: In 2008, Molly Bloom Was Tinseltown's Poker Queen'. The Hollywood Reporter. Retrieved December 19, 2017.
^ ^a^b^cHaddon, Heather (July 10, 2011). 'The queen of secret celeb poker'. New York Post. Retrieved December 19, 2017.
^Italiano, Laura (2018-01-03). 'How the underground 'Poker Princess' managed to school Hollywood bigs'. New York Post. Retrieved 2018-05-04.
^LandShark (2013-08-08). 'Hollywood's Elite Exposed in Gambling Crackdown, Guilty Plea Entered - PocketFives'. PocketFives. Retrieved 2018-05-04.
^ ^a^bDuke, Alan (June 23, 2011). 'Celebs play high-stakes poker in Beverly Hills hotels, lawsuits say'. CNN. Retrieved December 19, 2017.
^'Manhattan U.S. Attorney Charges 34 Members and Associates of Two Russian-American Organized Crime Enterprises with Operating International Sportsbooks That Laundered More Than $100 Million'. FBI (Press release). April 16, 2013. Retrieved December 19, 2017.
^Santora, Marc; Rashbaum, William K. (April 16, 2013). 'Agents Raid Gallery in Carlyle Hotel in Gambling Probe'. The New York Times. Retrieved December 19, 2017.
^Rich Calder (May 3, 2014). ''Poker princess' gets probation for role in $100M gambling ring'. New York Post. Retrieved December 19, 2017.
^Bloom, Molly (June 24, 2014). 'Her House of Cards'. Vanity Fair. Retrieved December 19, 2017.
^Debruge, Peter (September 9, 2017). 'Film Review: 'Molly's Game''. Variety. Retrieved December 19, 2017.
^''Molly's Game': Film Review TIFF 2017'. The Hollywood Reporter. September 8, 2017. Retrieved December 19, 2017.
^'Oscar Nominees Writing Adapted Screenplay Nominee'. Retrieved March 14, 2018.

External links[edit]

Molly Bloom on IMDb

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Molly_Bloom_(author)&oldid=992999788'

Planning poker, also called Scrum poker, is a consensus-based, gamified technique for estimating, mostly used to estimate effort or relative size of development goals in software development. In planning poker, members of the group make estimates by playing numbered cards face-down to the table, instead of speaking them aloud. The cards are revealed, and the estimates are then discussed. By hiding the figures in this way, the group can avoid the cognitive bias of anchoring, where the first number spoken aloud sets a precedent for subsequent estimates.

Planning poker is a variation of the Wideband delphi method. It is most commonly used in agile software development, in particular in Scrum and Extreme Programming.

The method was first defined and named by James Grenning in 2002^[1] and later popularized by Mike Cohn in the book Agile Estimating and Planning,^[2] whose company trade marked the term ^[3] and a digital online tool.^[4]

Process[edit]

Rationale[edit]

The reason to use planning poker is to avoid the influence of the other participants. If a number is spoken, it can sound like a suggestion and influence the other participants' sizing. Planning poker should force people to think independently and propose their numbers simultaneously. This is accomplished by requiring that all participants show their card at the same time.

Equipment[edit]

Planning poker is based on a list of features to be delivered, several copies of a deck of cards and optionally, an egg timer that can be used to limit time spent in discussion of each item.

The feature list, often a list of user stories, describes some software that needs to be developed.

The cards in the deck have numbers on them. A typical deck has cards showing the Fibonacci sequence including a zero: 0, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89; other decks use similar progressions with a fixed ratio between each value such as 1, 2, 4, 8, etc.

The reason for using the Fibonacci sequence instead of simply doubling each subsequent value is because estimating a task as exactly double the effort as another task is misleadingly precise. A task which is about twice as much effort as a 5, has to be evaluated as either a bit less than double (8) or a bit more than double (13).

Several commercially available decks use the sequence: 0, ½, 1, 2, 3, 5, 8, 13, 20, 40, 100, and optionally a ? (unsure), an infinity symbol (this task cannot be completed) and a coffee cup (I need a break, and I will make the rest of the team coffee). The reason for not exactly following the Fibonacci sequence after 13 is because someone once said to Mike Cohn 'You must be very certain to have estimated that task as 21 instead of 20.' Using numbers with only a single digit of precision (except for 13) indicates the uncertainty in the estimation. Some organizations^[which?] use standard playing cards of Ace, 2, 3, 5, 8 and king. Where king means: 'this item is too big or too complicated to estimate'. 'Throwing a king' ends discussion of the item for the current sprint.

Smartphones allow developers to use mobile apps instead of physical card decks. When teams are not in the same geographical locations, collaborative software can be used as replacement for physical cards.

Procedure[edit]

At the estimation meeting, each estimator is given one deck of the cards. All decks have identical sets of cards in them.

The meeting proceeds as follows:

A Moderator, who will not play, chairs the meeting.
The Product Owner provides a short overview of one user story to be estimated. The team is given an opportunity to ask questions and discuss to clarify assumptions and risks. A summary of the discussion is recorded, e.g. by the Moderator.
Each individual lays a card face down representing their estimate for the story. Units used vary - they can be days duration, ideal days or story points. During discussion, numbers must not be mentioned at all in relation to feature size to avoid anchoring.
Everyone calls their cards simultaneously by turning them over.
People with high estimates and low estimates are given a soap box to offer their justification for their estimate and then discussion continues.
Repeat the estimation process until a consensus is reached. The developer who was likely to own the deliverable has a large portion of the 'consensus vote', although the Moderator can negotiate the consensus.
To ensure that discussion is structured; the Moderator or the Product Owner may at any point turn over the egg timer and when it runs out all discussion must cease and another round of poker is played. The structure in the conversation is re-introduced by the soap boxes.

The cards are numbered as they are to account for the fact that the longer an estimate is, the more uncertainty it contains. Thus, if a developer wants to play a 6 he is forced to reconsider and either work through that some of the perceived uncertainty does not exist and play a 5, or accept a conservative estimate accounting for the uncertainty and play an 8.

Benefits[edit]

A study by Moløkken-Østvold and Haugen^[5] reported that planning poker provided accurate estimates of programming task completion time, although estimates by any individual developer who entered a task into the task tracker was just as accurate. Tasks discussed during planning poker rounds took longer to complete than those not discussed and included more code deletions, suggesting that planning poker caused more attention to code quality. Planning poker was considered by the study participants to be effective at facilitating team coordination and discussion of implementation strategies.

References[edit]

^'Wingman Software Planning Poker - The Original Paper'. wingman-sw.com. Retrieved 5 July 2017.
^Mike Cohn (November 2005). 'Agile Estimating and Planning'. Mountain Goat Software. Retrieved 1 February 2008.
^'Planning poker - Trademark, Service Mark #3473287'. Trademark Status & Document Retrieval (TSDR). 15 January 2008. Retrieved 26 May 2014.
^Cohn, Mike. 'Planning Poker Cards: Effective Agile Planning and Estimation'. Mountain Goat Software. Mountain Goat Software. Retrieved 30 March 2016.
^K Moløkken-Østvold, NC Haugen (10–13 April 2007). 'Combining Estimates with Planning Poker—An Empirical Study'. 18th Australian Software Engineering Conference. IEEE: 349–58. doi:10.1109/ASWEC.2007.15. ISBN978-0-7695-2778-9.