Archive for October, 2010

October 31, 2010

Live from Foxwoods… End of Day 4

There are just 12 players left heading into Day 5 of the WPT World Poker Finals at Foxwoods, with a short but exciting play down to the final table looming for Monday.

The 28 players that started the day quickly became 27, but after the redraw for the final three tables it would be over two hours before there would be another elimination, with the money bubble looming at 25. After another half hour or so of hand-for-hand play the bubble finally burst.

One of the early eliminations in the money was Gavin Smith, who lost a monster pot to end the previous day and never seemed to get traction on Day 4. Upon his exit, Gavin took quite a bit of the early afternoon rail with him. Josh Arieh, who had a lot of chips entering the day as well, fell victim to some unfortunate luck and was not long for the tournament today either.

Ronnie Bardah, who enjoyed a deep run in this year’s Main Event, got into the Halloween spirit by donning a wig for several hours during play today, which you can see here. He survived on the short stack for quite some time, earning a few double-ups before ultimately succumbing to the blinds.

There are still some big names in contention for this title. The chip leader heading into Day 5 is Tom Marchese with 1,832,000 but there are some heavy hitters chasing him including Jason Mercier, Sorel Mizzi, Hoyt Corkins, Kevin Stammen, and Mohsin Charania.

Play will resume at 12 pm Monday.

Chip Counts:

  1. Tom Marchese 1,832,000
  2. Jeff Forrest 979,000
  3. Sorel Mizzi 789,000
  4. Nikolai Yakovenko 690,000
  5. Chris Bonita 610,000
  6. Besnik Ziba 500,000
  7. Keven Stammen 400,000
  8. Hoyt Corkins 335,000
  9. David Inselberg 331,000
  10. Jason Mercier 322,000
  11. Mohsin Charania 283,000
  12. Ben Klier 269,000

Average Stack: 605,000

For more information on today’s action as well as live updates throughout the rest of the tournament visit foxwoodslive.com and worldpokertour.com.

Posted by at 7:04 pm

October 30, 2010

Live From Foxwoods… End of Day 3

It’s getting down to the wire at Foxwoods as just 28 players made it to the end of Day 3 at the WPTs World Poker Finals.

With 25 spots paid, it’s likely to be a short trip into the money Sunday. Players will redraw after one more elimination as they get down to three tables.

Then the issue of time becomes the biggest factor, as the tournament is scheduled to finish on Tuesday. Depending on the pace of play on Sunday, there will either be a day off (if they get down to six) or a short play down to the final table.

The chip leader going into Sunday is Chris Hunichen with 714,000. Josh Arieh, Jason Mercier and Gavin Smith are all in the top ten heading into Day 4. Other notables remaining include Tom Marchese (249,000), Hoyt Corkins (239,000), Mike Beasley (120,000), Ronnie Bardah (112,000) and Kyle Bowker (70,000). The average chip count is 259,285

Play will resume at 12 pm.

Top Ten:

  1. Chris Hunichen – 714,000
  2. Nikolai Yakovenko – 580,000
  3. Josh Arieh – 548,500
  4. Ben Klier – 465,500
  5. Keven Stammen – 387,000
  6. Mohsin Charania – 349,000
  7. Jeff Forrest – 342,500
  8. Jason Mercier – 342,000
  9. Gavin Smith – 307,500
  10. Bryon Springer – 293,000

You can find the remainder of the chip counts and live updates during the action at foxwoodslive.com or worldpokertour.com

Posted by at 6:36 pm

Las Vegas (Holiday) Charity Season Underway

Low temperatures in Las Vegas have crossed into the high-50s (ºF) … which means it’s holiday charity season in the Valley, and some in LA.

One of the more fun events gets started in a couple hours at the Golden Nugget (which seems poised to take over from the Hard Rock as the primary LV charity destination) … so if you’ve got nothing better to do this afternoon than get warmed up for some Vegas Halloweening, why not help out the soldiers while mingling with some big-time MMA, small-time Hollywood, and mid-tier poker world:

Operation All-In
benefitting Xtreme Couture GI Foundation
organized by Randy Couture and Karina Jett
2 pm

$225 buy-in, $100 rebuys
1st prize $10k

I had a blast at this event last year, not because I “moneyed” to score a Full tilt swag bag for my 30somethingth-place finish … but just because it was just more fun than the usual charity show. For the more casual player, it’s the only time you’ll see MMA strongmen somewhat intimidated by scrawny poker geeks while entertaining the festive-drinky feelgood tourists … many who can’t seem to believe they are “in the ring” with so many people they’ve watched on TV — all for a tax-deductible donation less than they were planning to drop on a single sitting at a smokey $5 blackjack table.

A buy-in to this event also gets you in to Randy Couture’s Halloween Bash this evening at the Golden Nugget’s surprisingly undouchey nightclub Gold Diggers.

More info here.

Post to be continued … so check back later, but wanted to get the word out in time for Vegas peeps to head downtown before the end of the rebuy period.

Posted by at 12:30 pm

October 29, 2010

Zynga Tries to Patent Virtual Casino Currency

An attempt to *own* social media gambling transactions?

In last Friday’s twitfeed, my favorite tech-biz site Tech Crunch tweeted about their post  “Is Zynga Trying To Patent Virtual Currency?” Apparently, the leviathan of multiplayer gaming networks — and big wildcard in the future of real-money online poker — filed a US Patent Application in March of this year in an effort to corner the virtual currency market.

At least that’s my take. After reading the actual legal document, “Virtual Playing Chips in a Multiuser Online Game Network”, I gather what they are really trying to do is define and patent the purchase and flow of “Non-Redeemable Virtual Currency” as it pertains *specifically* to gambling on social networks.

ZyngaPokerChips 

click to enlarge

More…

Posted by at 10:00 am

October 27, 2010

WSOP Conference Call Thoughts

Full Tilt Poker patching, ESPN live stream, Mizrachi tax issues are big topics

So there was a media conference call this morning and there were some interesting things to come out of the call:

  • The pseudo-live coverage of the final table will be on ESPN3, which means if your ISP does not provide it (or you live outside the US) then its fairly likely you will not be able to watch the proceedings short of proxies/other hackery. Obviously it will not have hole cards (Ty mentioned that Nevada is more “conservative” than Europe in that regard), but it will have community cards and a video stream.
  • James Hartigan will provide the play-by-play and pros will provide additional commentary (which means, basically, they are doing a very similar format to the EPT Live coverage, right down to the commentators).
  • Mizrachi is on a lot of poker media member’s minds: including his tax issues. ESPN noted that while they are talking about it, but its not a big part and they are dealing with the “Year of the Mizrachis” angle, at least they had been until the final table.
  • Some of the storylines of the final table: youth of the table + the experience of the players + the international flavor of the FT (even if the majority of players are American, some players were born elsewhere).
  • The WSOP and ESPN are definitely enforcing the 3 player patch rule. Players were informed about the rule and they understand the situation. (One thing that didn’t get asked in the call was if players would essentially be able to swap patches with a non-patched player if a patched player is eliminated.)
  • Walk-on music will combine with other aspects that will give the final table a more choreographed feel. (As Ty Stewart put it: “More pomp and circumstances this year.”)
  • Changes to the Penn + Teller Theater: More seats to the public, fewer seats to friends and family.
  • Editing the final table is pretty much a non-stop endeavor, and they actually record voiceovers for more hands than actually get shown depending on how the story of the final table plays out. Voicing gets finished while the 1st hour of the final table coverage is already on the air.
  • The NGC, Harrah’s, and federal regulators feel like online poker is illegal, according to Ty Stewart (but for some reason have no problem taking ad dollars from said people).

Some pretty important topics were addressed (how ESPN is going to deal with Mizrachi’s tax problems, how FTP is going to deal with its push to actually get a main event champ in the stable, etc.) and as the November Nine gets closer some of these may come more into focus.

Posted by at 12:08 pm

October 26, 2010

UK Based Online Casinos Offer Great Value

Online gaming has never been more popular than it is today. With the best range of top quality online gaming venues, players are discovering just what great value playing their favourite casino games at UK online casinos can be.

The UK has always been strong in online gaming, with the strict regulations governing casinos in the UK meaning that players can be certain of having a reliable and safe gaming experience.

Although currently prohibited in the US, online gambling is perfectly legal in the UK. Where the US government sees online gaming as difficult to police and potentially dangerous, the UK government takes the alternative view that online gaming is a economically lucrative industry that can provide huge tax revenue with the correct legislation in place.

Some of the most highly regarded online casinos in the UK are InterCasino, 32Red Casino and 888 Casino. These casinos are well thought of not only due to their excellent gaming features but also their customer support and top quality security. These security features include the most up to date firewalls and encryption technology to ensure that all transactions are safe and secure and that any money being transferred during a deposit or withdrawal is always completely protected.

Of course, although security is one of the most important issues in any online casino, the games are the players’ number one concern. The top UK online casinos can not only offer total peace of mind, but also an unparalleled gaming experience. Casino table favourites are always available, such as roulette, blackjack, baccarat, Caribbean stud poker, as well as a huge variety of slot games. All tastes are catered for by the best UK online casinos, not surprisingly considering the UK boasts the industry’ s very best online gaming establishments. More information about these casinos can be found online at the UK’ s longest established casino guide, the aptly named Casino Choice.

Circus Casino is another one of the top UK online casinos available today. This site is the online arm of the international Genting Group of casinos. This group own the Circus, Maxims and Mint casinos across the UK, as well as the oldest private gaming club in the world, Crockfords of London. The experience of this company means that its online offering has a wealth of knowledge behind it – and it shows.

UK online casinos are the world leaders in online gaming entertainment. With value for money being a core aim of the online casino industry in the UK, players will always find some of the best offers available online at UK online casinos. There are impressive welcome bonuses to be found for first time depositors, in addition to regular promotions and offers designed to keep players playing and depositing.

Online casinos in the UK regularly offer deposit bonuses of £200 or more, so by searching for the best value gaming action, online casino players will no doubt find themselves playing at an online casino in the UK – the world centre for great value online gaming entertainment.

Posted by at 3:19 pm

Rabbit Hunt

Episode 23
The Rabbit Hunt is here, with special guest Corwin [vital]myth Cole and they’re talking about the latest WSOP-C and WPT news, Poker Hall of Fame inductees, the latest poker court cases in South Carolina and Illinois, and Ladbrokes Poker’s new anonymous tables.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Posted by at 9:59 am

GamingCounsel’s Weekly Briefs

Here’s @GamingCounsel‘s look at the important legal developments in gaming over the past ten days or so:

  1. Crespo v. Online Poker - Interesting complaint filed in the US District Court for the Northern District of Illinois, Eastern Division filed on October 12th. In a nutshell: A resident of Florida named Scott Crespo, who may or may not play poker online (there’s no indication from the complaint that he does or not), is suing residents of Illinois under an Illinois statute for money they purportedly won from other online poker players who may or may not be residents of Illinois. Oh, and Crespo apparently didn’t lose any money. He wants triple the amount of the unclaimed “losses” of others accruing to the defendants. Illinois was chosen because it’s one of a handful of states that have third party recovery statutes. As a gaming attorney I know in the US put it: We have way too many lawyers with nothing productive to do. [US District Court]
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  3. Betfair IPO Numbers – The Betfair IPO seemed to hit the top end of what analysts were predicting as the company’s market capitalization. Betfair was valued at £1.4 billion on flotation. Fully £200 million was raised on the IPO. [Herald Scotland]
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  5. Harrah’s IPO Imminent - More news from the public markets: Harrah’s is heading back to the public marketplace with an estimated $575 million offering. The money is likely to be used for new casino projects in Las Vegas and Ohio, not to pay down debt. We’ll have to wait and see how this offering fares, but there are definitely challenges ahead. [Wall Street Journal]
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  7. Canadian I-Gaming Split - While certain provinces are keen to enter the interactive gaming market, others are throwing cold water on the idea. Ontario and Quebec have announced that they’re coming out with online offerings; British Columbia already offers an online experience at www.playnow.com. However, Nova Scotia, Newfoundland, and Prince Edward Island recently announced that they’re not comfortable with participating in Internet gambling at this point. These latter three provinces are small - PEI is the smallest province in Canada, both geographically and in terms of population - but, interestingly, they’re part of the Atlantic Lotteries Corporation, which is working with BC and Quebec on sharing liquidity on a common Internet poker platform. [Globe and Mail; CBC]
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  9. IMGL Conference in Madrid - The International Masters of Gaming Law is the pre-eminent organization for gaming attorneys and other gaming experts. Their Fall conference is on from October 24th-26th in Madrid and, as usual, it’s an interesting lineup and series of sessions. I’ll be tweeting on different panels and speakers throughout the conference; check out my tweet stream if you’re interested. [Gaming Law Masters]
Posted by at 1:22 am

October 25, 2010

The Poker Beat

Huff, Dan, Jess, BJ, and even Stapleton (with the return of the Tight Laydown?):

The Poker Beat: October 24, 2010

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  • Poker Hall of Fame inductees Harrington and Seidel, age-minimum debates, and comparisons to Rock & Roll Hall of Fame
  • Anonymous tables at Ladbrokes
  • Crespo’s Illinois online poker lawsuit — significant or frivolous?
  • More on WSOP-C’s new power and purpose?
  • WPT-Festa al Lago FT, Randall Flowers, and the Jess & BJ Show
  • Phil Ivey is gay? Craps + multi-phallus fellatio promises at the Wynn
Posted by at 5:29 pm

Coming Up Spades: This Week’s Big Winners

Good morning, ladies and gentleman, and welcome to the beginning of… something. You may know me better as Timtern, of Bluff and PokerRoad (non) fame, and I am the newest contributor to Pokerati. I’m definitely stepping into some giant shoes, so I hope you’ll bare with me as I get settled in. Anyway, here’s what happened this week in tournaments:

  • The biggest money of the week was on the line at the Festa al Lago, the latest stop of Season 9 of the World Poker Tour. There were some heavy-hitting young guns that reached this final table, including Andy Frankenberger, who was coming off of a victory at the Legends of Poker. Randall Flowers managed to add “youngest two-time WPT winner” to an already impressive resume at the tender age of 22. Flowers, who banked $831,500 for his win, was also the youngest to win a WPT title, which he did in Barcelona before he even turned 21. [World Poker Tour]
  • The $1,500 World Series of Poker Circuit at Horseshoe Hammond Main Event wrapped up early Monday morning, with the appropriately named Kurt Jewell snagging the circuit ring and $242,909. Amongst the notables at this final table were William Reynolds, who took third, and Bryan Devonshire taking seventh. The $10,000 Regional Championship, which will air on Versus, will get underway Monday. [WSOP]
  • There are many different options for the members of the November Nine as they prepare for the WSOP final table. They could follow the major poker tours and play other big buy-in events, take a trip to clear their minds, or hire a coach to fine-tune their skills. Or, as in the case of Filippo Candio, they could get in amongst the grinders and play a $230 prelim event, in this case Event #1 at the Caesars Classic. Candio brought his A-Game in this one, reaching the final table in the 232 player field before falling just short in 3rd place, banking a cool$4,726. (The attached story is in Italian, so if you don’t have a knowledge of the language it might be time to crack out the Google translator, or maybe go old school and try Babelfish). [Tuttosport]
  • Maybe Candio started a trend, as he wasn’t the only November Niner doing well in prelims. With the World Poker Finals Main Event (the next stop on the WPT) fast approaching, John Dolan made a deep run in a $1,500 event, eventually making a three-way deal and taking second place for $45,000. In a twist that might be more appropriate for Soccerati, ESPN Soccer commentator Adrian Healey took third place for $40,000. [Foxwoods Live]
  • In the online world, Sorel Mizzi started things off early with a win in the PokerStars Sunday Warm-Up for $149,737.10. The biggest money of the day online was to be had in the $1.5 million guarantee, with “Bodog Ari” Engel making the final table and finishing seventh for $32,856; “ramondemon” won $246,424 for taking that one down. On the FullTilt side of things, “EatMyBluff8″ was the big winner in their $750,000 guarantee, winning $135,939.
  • And just in time for Halloween, we have a tale from beyond the grave. The late, great Dean Martin made the final table in a recent Borgata $1,000 event. Although I always thought Atlantic City was more a Sinatra town. Oh well. [Cardplayer]
Posted by at 8:20 am

October 24, 2010

This Week in Poker

This Week:

Ty Stewart — new WSOP stuff, Poker Hall of Fame, more WSOPE bracelet debate.
Matt Savage — WPT-Bellagio/Festa al Lago.
Matt Affleck — more WPT-Bellagio/Festa, Washington State, 15th place at WSOP.
Trishelle Canatella — beauty quiz + poker.

Watch the show, and readmore here.

Posted by at 3:20 am

October 22, 2010

Poker Mockumentary Wins (Best in) Film Festival Award

Again, WTF is up with all the new poker movies, videos, shorts, Poker Beat spinoffs, internet talk shows, reality gigs, and other multimedia poker storylines being put out by folks other than Poker PROductions, ESPN, 441, or PokerRoad?

A new movie — Hitting the Nuts — debuted a couple weeks ago at the Cincinnati Film Festival to overwhelmingly positive reviews and even won the 2010 Audience Award for Best Narrative Feature. The story is a tale of professional poker’s “farm system” in Scott County, Indiana …it’s supposedly a little Waiting for Guffman, a little Spinal Tap, and by my take even a little Greater Tuna. Not about the actual WSOP as much as it is getting to the WSOP … by way of a big annual legally questionable tournament.

Seems potentially funny-ish … but probably better than the Grand, poker’s last mockumentary, which proved to be a box-office flop despite a star-studded cast with the likes of Ray Romano, David Cross, Cheryl Hines, and Woody Harrelson, who perhaps ironically made his name in Hollywood by playing a character from rural Indiana:

The producers come from LA and Las Vegas improv troupes (we have improv troupes in Vegas?) — and their actors are all no-names. Sure, Cincinnati’s no Cannes, but still … there were only 13 total awards given in Cincy, and Hitting the Nuts was competing with nearly 100 other films … many with award-baiting titles like Grandchildren of the Cuban Revolution, Sounds of Beirut, and Trailerpark.

Posted by at 5:54 am

New 3-hour Freeroll Blind Structure Taking Shape

Those dastardly SAEs won’t be allowed to play in the Pikes-only Northwestern homecoming freeroll, that’s for sure.

Pokerati is headed to Chicago for an event you may not know about, nor should you. The awesomely titled “Pike Poker Tourney” takes place at the Best Western-Evanston on Saturday, Oct. 23, after Northwestern’s (5-1) homecoming football game against Michigan State (7-0).

It’s a $1,000+ freeroll for Pi Kappa Alpha alums and actives … with $1k going to first, and 2nd through 4th TBA tomorrow. Economists have confirmed that $1k is still “a shitload” to college students.

I’ll be serving as executive floor honcho, and found out earlier today the original plan called for only 1,000 starting chips.

Gahhh!

Just because this will be a very quick, luck-friendly 3(ish)-hour event doesn’t mean it has to suck! (We can stretch it to 4 hours if necessary, though it shouldn’t be hard to get players to push chips around — health officials confirm that college students still like to drink, as do aging alumni desperately trying to cling to their youth.)

More…

Posted by at 12:12 am

October 21, 2010

New Online Gambling Debate Taking Shape

Check it out … with so many individual states hungry for cash, California being the hungriest, that state will definitely be taking a look at the issue until they somehow figure out a way to collect the most duckets from all those poker geeks calling California home.

The arguments themselves are nothing new — for or against — but you will notice a slight shift on the “Gogogo online gambling FTW!” side that we’re all supposed to be a part of …

Here, Patrick Dorinson, spokesperson for the Coalition of California Card Clubs and Tribes, is clearly pushing for the intrastate model, with the California Gambling Control Commission setting the rules. He addresses that critical component so matter-of-factly that any new recruits to the online poker side would hardly know this is different from the federally regulated, interstate model pushed Barney Frank, the PPA, and others … you know, what we’ve all been supporting for a long time. That one, according to statements in Washington DC congressional debate, looks to rely on regulatory standards set by the Nevada Gaming Control Board … with maybe some input from New Jersey and the Indians.

More…

Posted by at 5:16 pm

October 20, 2010

WPT/Party Continues to Rip off WSOP on Facebook

How much do ad agencies charge for shoddy, shady campaigns anyway?

I swear I’m not the Facebook police any more than I am a Harrah’s attorney … but when the shit just gets served up while I’m busy liking stuff … it’s kinda hard to miss! Yet another example appeared on Tuesday night of a rather blatant misappropriation of WSOP trademark on Facebook. It always seems to happen on Tuesday nights … hmmm.

First, before I get into the new offense … to be fair and clear, the WPT did acknowledge their error almost immediately after we mocked their maiden foray into Facebook marketing. On September 21 a WPT spokesman said:

“We would like to confirm that the Facebook ad mentioned in your September 17, 2010 post was indeed a mistake on the part of a 3rd party advertising agency used by our “WPT Texas Hold’em on Facebook” licensee. The ad was placed by the advertising agency without the knowledge of WPT or our Facebook game licensee.

Please be assured that we acted immediately to rectify the situation and that the advertising agency has pulled the unapproved ad. Thank you for bringing this matter to our attention.”

Cool, yeah whatever, like we said, we’re not the Facebook police, but you’re welcome — Pokerati is always happy to help. We did notice the replacement ads that appeared the following Tuesday:

More…

Posted by at 2:03 pm