Archive for April, 2011

April 13, 2011

Rabbit Hunt: 44

Rabbit Hunt comes back from a slow news week hiatus and has plenty to talk about this time. From discussing the new WSOP rematches concept, to debating whether Erik Seidel should be number 1 on The Nuts and whether the WPT should be considered a major tour, it's a packed episode of the Rabbit Hunt!

Posted by at 5:00 am

April 12, 2011

This Week’s Big Winners – April 12th

With so many high profile events on the verge of wrapping up (see WPT Hollywood, NAPT Mohegan Sun ME & Bounty Shootout, WSPOC St. Louis), you might think there isn’t much action to recap for this week. Nonsense! A major stop on the EPT, one of the biggest prizes in HPT history, and a lot of catching up to do with some impressive performances in WSOPC prelims.

Canuck’s First Live Tournament Cash is a Measly €825,000
EPT Berlin, Germany

Photo C/O PokerStars

Thanks in large part to an early collision between the two chip leaders early in final table action, Ben Wilnofsky had one of the easiest roads to victory that you’ll ever see (or not) in his victory in Berlin. One of the largest stops on the European tour, the EPT Berlin drew an astounding 773 players for their €5,000 Main Event to generate a prize pool just shy of €4 million. Wilnofsky and Maximilian Heinzelmann were well ahead of the pack when the final eight began play, but a flopped set generated a pot that was larger than any of the other six remaining players and propelled Wilnofsky the rest of the way.

The other notable accomplishment at this final table has to be the performance of Martin Jacobsen. The young Swede (and member of Team PokerStars Pro) made this his third final table of the EPT season, following a pair of second place finishes. He could not end his streak of falling just short, but held on for quite some time on a short stack before ultimately falling in fourth place.

In the end, the news was all about young Ben Wilnofsky. The 22-year-old Canadian has had some online success, but leading into this €5,000 event had not so much as recorded a single lifetime live cash. That also means that his average cash stands somewhere around €825,000, the champion’s share of this massive prize pool. Not bad for a few days work.

Spencer Uniss Nets Even Less For First Cash, a Paltry $221K
HPT @ Golden Gates Casino, Black Hawk, Colorado

Photo C/O HPT

Clearly there was some sort of first-timer strategy guide released this week online that I simply could not find. In addition to the first-time cash/winning combination in Berlin, another player cashed in his “one time” in a big way.

The HPT event at Golden Gates Casino in Colorado saw the biggest field in it’s history with 491 players showing up to generate a prize pool of almost $740,000. The first place prize was set to exceed $220,000.

Spencer Uniss made the newby mistake of promising big things if he was fortunate enough to win, telling his friends he would charter a flight to Las Vegas if he was lucky enough to win. In on an investment of just $370 after a satellite win, he felt as if he had nothing to lose, but now he has to pay up after banking the win in his first ever tournament cash for $221,594. After a bit of research, the cheapest hourly rate for a private plane is about $1,000 an hour, without factoring fuel surcharges, taxes, and other fees. At least it’s from Colorado and not the east coast.

Two Rings are Twice as Nice For Three Lucky Players
St. Louis, Missouri & Rincon, California

In the business of bigger events in the last several weeks, a few impressive feats in preliminary events have slipped through the cracks, which I’ll rectify momentarily. Two players won their second WSOPC ring of the year this week in St. Louis, and one lucky player became only the second player ever to record two wins at one stop a few weeks ago in Rincon.

Photo C/O WSOP

Kurt Jewell has the distinction of winning in the largest field in WSOPC history last October, when he won the Main Event in Hammond for a cool $242,909. He added a second piece of hardware this past week by winning an Omaha 8/b event in St. Louis, the same event that Team Pokerati member La Sengphet made in her pursuit of an at-large spot to the WSOP National Championship. In addition to the second ring, Jewell banked another $13,206 and has already locked up a seat in the $1 million freeroll by virtue of his previous win.

The appropriately named Huy (pronounced “We”) Nguyen hasn’t done so badly for himself this year on the circuit. Nguyen won another of the monsterous $1,600 Main Events, his being Choctaw where he made $232,706 for his efforts. His win in St. Louis came in a Six-Handed No Limit Hold’em event with over 200 players. A $25,241 payday for the accountant from Norman, Oklahoma is another impressive score, but he too has his eyes on the National Championship, where he too has already locked up his seat.

Photo C/O WSOP

Finally we take a look back at the WSOPC stop in Rincon, where a man with quite an interesting name won a pair of events. Mstr Lynch won a grand total of over $45,000 for his two wins in Rincon, which propelled him to the most overall points of the Rincon series and a National Championship of his own. He’s just the second player (after Kyle Cartwright did so in Tunica) to win two events at the same series of the WSOPC.

EDIT: Right after the publishing of this article, La followed up with her third cash of the series in St. Louis in the best way possible: by winning her own 2nd ring of the year, according to Dan. At the very least it almost assures her of an at-large spot, if not player of the series in St. Louis. Congrats La!

Posted by at 7:23 pm

PLOker after Dark

Short-handed pot-limit Omaha brings variance to televised cash games

It’s PLO week on Poker after Dark, and thus the first new televised poker I’ve been excited to watch (on first run) in forever. Though I’m sure someone had to play a 4-card hand on ESPN in 2004, I can’t remember any PLO on TV since learning the definition of a “wrap” … and certainly not since the Pokerati game began introducing low-stakes players in Vegas to PLO (with run-it-twice!) a year-an-a-half ago.


PLO poker after dark

(L to R) Adams, Antonius, Ivey, Dwan, Hastings, Galfond

Hard to believe televising a short-handed cash game session of the second most popular poker game in the world — the one that has produced the biggest online pots in history — would prove “revolutionary” … but really, it is kinda historic; and that says something about the limits of creative innovation in the online poker infomercial biz.

But kudos to PAD for at least taking a peak outside the ’06-’09 box to embrace variance. Though I wouldn’t contend pot-limit Omaha and four-color decks are what will reinvigorate poker on TV … for a semi-regular PLO player who doesn’t necessarily dream of playing the game for $100k buy-ins but just wants to beat my friends once a week at 1/2, hearing about a different sector of hand possibilities almost feels fresh … and it’s always good-fun to see extra cards on the table:

plo on tv poker after dark nbc

Posted by at 5:27 am

April 11, 2011

Bennett v. Cake Gaming

New lawsuit names entities in Internet poker network

Today I’m blogging about a Notice of Civil Claim against Cake Poker. You can see it here. The claim was filed last week with the Supreme Court of British Columbia in New Westminster (a suburb of Vancouver). I found out about this claim on www.calvinayre.com.

I’ll make full disclosure up front: I have acted for a party that, in the past, had interests adverse to Cake. I have not acted for anyone involved with, and I have nothing to do with, this lawsuit.

Who’s suing whom and why? Two individuals, Ryan Bennett and Francois Piette, and their partnership and a corporation controlled by them are seeking damages from a number of parties apparently associated with Cake. These parties include Cake Poker (Canada) Inc. and certain of its alleged affiliates (including Cake Gaming N.V. and Yummy Interactive (Canada) Inc.). Also named as individual defendants are Nicholaos Mellios, Christopher Ruck, and Ian Winter, who purportedly own a “substantial interest” in the Cake Gaming network and are collectively alleged to be “responsible for all major decisions regarding” the network. Finally, some other individuals said to be direct or indirect shareholders in the network were added as defendants.

The basic claim is that, in 2001, Bennett and Piette formulated ”an advanced business [and] marketing model” unlike any other model then being used by an Internet poker site. This initiative by Bennett and Piette is called the “Legacy Project” in the statement of claim. Apparently, “[t]he Legacy Project included a network marketing component whereby customers/players are compensated for referring other customers/players to the Legacy Project and who then receive a portion of the referred customers’/players’ winnings. It also proposed using photo real images on the website. These were then unique ways to obtain and retain customers/players.” So: the plaintiffs claim that they invented what is essentially an affiliate model for Internet poker.

More…

Posted by at 9:50 am

Run for a Million

La keeps cashing on WSOP circuit, has really cool new Team Pokerati hat

CORRECTION: Turns out we overlooked two cashes for David in St. Louis and one in Florida. Pokerati regrets the error(s) … and, of course, basing the entire premise of a post around them. WSOP.com still working to rectify their contribution to the misinformation.

la sengphet poker wsop st. louis circuit

La Sengphet, seen here signing off on her latest final table chipstack, is becoming a familiar face deep in WSOP circuit events.

david clark poker wsop circuit

DC, not so much …

When resident Team Pokerati lovebirds La Sengphet and David Clark started off their 2011s with matching WSOP circuit rings, we thought we might see another Sosa/McGwire sitch … a back-and-forth poker slugfest propelling the Dallas couple to seats in the new WSOP Circuit National Championship million-dollar freeroll that’ll kick off the 2011 WSOP in late May. It seems we were at least half-right.

Most recently, La made a final table in a $345 Omaha Hi Lo event in St. Louis and followed that with a 13th place finish in a $345 NLH — enough for her to surpass her boyfriend’s total winnings for the year. But perhaps more important — and a more exciting reason for me to be paying attention to relatively minor events at Harrah’s Mid-America — she played her way to 30 more WSOP circuit points!

Of those who don’t automatically qualify, there’ll be some 34 seats won … and La is currently tied for 16th. Click here to understand how WSOP circuit points work. (I just learned myself.) And click here to see the current national leaderboard.

At this point, with just three more circuit stops left — Caesars Palace, Chester, PA, and a regional championship in New Orleans — there’s an extra level of intensity to these otherwise smaller events. Not sure if the national championship, which should prove to be one of the more skill-packed tourney fields of the year, is helping create a new generation of rounder pros, or just answering their call. But either way, with so much on the line for these minor leaguers hoping to build a career … how awesome is La’s hat?

See below, the 2011 family scorecard for Pokerati’s favorite poker couple currently on tour:

More…

Posted by at 5:57 am

April 10, 2011

WSOP Face Tattoo

The look of a future champion?

Kids, you gotta get one of these! don’t try this at home …

This guy, seen at various WSOP circuit events in 2011, presumably likes to overcall out of position:

wsop face tattoo poker royal flush diamonds
photo ganked from La Sengphet’s Facebook page

WSOP advertising: Testament to brand loyalty or physical tell about a poker player’s decision-making skills?

Posted by at 10:07 am

April 8, 2011

Merchdawg’s Podcast Roundup

St. Louis WSOPC, Chops, & Online Regulation

Final Table Poker Radio Show:

The Final Table Poker Radio Show crew got kicked out of the poker room this week due to the start of the WSOP Circuit events in St. Louis. After discussing the recent happenings at the circuit event Dennis and Paul are joined by Pat Walsh who discusses his recent win at the Big Event Shootout. Mori Eskandami closes out the show discussing production of TV poker shows along with the host change for High Stakes Poker. You listen to the entire show or catch up on previous show by either visiting The Final Table site or on iTunes.

The Hardcore Poker Show:

This week’s show starts off with the guys talking about what they think Phil Ivey’s new site will be about and wether Ivey can teach the average Joe how to be like him. The show then moves on to a discussion about chopping tournaments before Jess Welman, who most will know from the two time award winning Poker Beat, joins the show. Welman discusses her recent second place finish at the Hollywood Poker Open and how she was one of the lone players that did not want to do a chop when the players were down to 18 players. After telling the stories of the names she was called because she did not want to chop Welman moves on to discuss recent poker news to close out the show. If you would like to listen to the show you can either download it via iTunes along with catching future shows every Monday from 8-9pm EST on Sirius Satellite Radio channel 98.

A Perspectives Weekly:

Coming out with a April Fools Day show this week the APCW crew come together discusses some new happenings at eCOGRA before moving on to discuss the deal between PokerStars and Wynn.

Posted by at 9:10 am

April 7, 2011

When Scheinberg Met Steve

How PokerStars won Wynn and made it fiddy-fiddy

Forbes associate editor Nathan Vardi published an article this morning entitled “How Casino Mogul Steve Wynn Went All In On Online Poker and PokerStars”, which despite the lame-o “All In!” header, is a compelling high-seas tale of how PokerStars founder Isai Scheinberg wooed and won the reticent Steve Wynn based on Vardi’s interview with the casino titan.

Because where else could billionaires come to grips with their future together but on a fabulous yacht in exotic locations and make the deal (surprisingly) even-steven 50-50?

I couldn’t help but think of Vardi’s post as if told in a novella….

When Scheinberg Met Steve

Chapter 1: The First Meeting

Nearly two years ago billionaire Las Vegas casino mogul Steve Wynn met Isai Scheinberg, the founder of PokerStars, the world’s biggest online gaming firm, for the first time. Scheinberg generally avoids traveling to the U.S., but the meeting took place on Wynn’s boat while it was anchored in the Mediterranean Sea. Over a three-hour lunch, Scheinberg tried to convince Wynn that the two of them should work together to regulate online poker in the U.S. with an eye toward setting up a joint venture.

More…

Posted by at 8:56 am

April 5, 2011

This Week’s Big Winners – April 5th

Eslami Proves ‘If You Can Beat a Robot, You Can Beat a Man’ at Rincon
WSOPC Western Regional Championship, Rincon, California

Photo C/O WSOP

Before this week, Ali Eslami’s most notable accomplishment was defeating Polaris, the poker playing computer, in tandem with Phil Laak. The LA-based cash game player proved his versatility this week by beating 8 real live human opponents on the road to the WSOPC Rincon crown. The third of four $10,000 events on the WSOP Circuit, Rincon drew an anemic 98 players, surprising mostly due to the nine WSOP Circuit National Championship seats awaiting those who made the final table.

Among those who made the final table were Circuit superstar Dwyte Pilgrim, Steve Brecher, and fresh off his win last week at the Wynn $5K, Tim West. West fell just short of the impressive back-to-back feat, finishing as the runner-up to Eslami. For his win, Eslami took home just under $175,000, the ring, and a chance at a nice chunk of change in seven weeks at the National Championship.

Mclean Carr Takes WPT Vienna High Roller; Seidel Unavailable for Comment
Vienna, Austria

Photo C/O PartyPoker

Stop the presses! There was a High Roller poker tournament held on this planet this week that Erik Seidel not only didn’t win, he didn’t even play. This worked very much to the benefit of Mclean Carr, who took great advantage of the absence of the king of the monster buy-in to dominate the WPT Vienna High Roller, by all accounts. Carr took home €185,120 by overcoming the field of 50 and taking the chip lead from the beginning of the final table to the end.

No Place Like Home for Del Prado in Winning APT Philippines
Pasay City, Philippines

On the Asia-based poker tours, specifically the APT and APPT, the field sizes and buy-ins can sometimes make the achievement of winning a Main Event look a little less impressive than it should. But the APT Philippines stop this week had the buy-in ($2,500, American) and the field size (231) to allow it to contend as one of the largest prizes awarded of the week.

Six of the ten players who made the final table were Filipino locals, along with a Canadian, an Australian, a South Korean and a player from Hong Kong. A local champion could not be denied, though, as Enrique Del Prado defeated Elton Tsang heads-up to keep the title local, and won a hair under $180,000 for his accomplishment.

Romanello 2/3rds of Way to Triple Crown Inside of 1 Year with Win
WPT Bratislava, Slovakia

Photo C/O PartyPoker

In the age of the internet, people coming out of nowhere are becoming harder and harder to find. Gone are the days where a Dirk Nowitzki, Tony Parker or Manu Ginobili could enter the NBA without great fanfare and shock the world. In the world of poker, the hype for international players is sometimes a bit slow in getting to American shores, but a smart bet for some serious WSOP success this year would be Roberto Romanello.

The former owner of a chip shop in South Wales, Romanello rubbed some of his opponents the wrong way with his final table antics, but there’s no denying his talents. Following a win at EPT Prague a few months ago, Romanello’s win at WPT Bratislava netted him another €140,685. He heads to the WSOP with a goal of being the first person in the history of poker to capture a Triple Crown (WPT, EPT, WSOP bracelet) in a single calendar year.

Foxwoods Provides Appropriate Environment for Chops
Mashantucket, Connecticut

Photo C/O WJMedia

With the amount of tournament series’ that are run at Foxwoods, I’m surprised that Jay “WhoJedi” Newnum, master scribe of Foxwoods Live, doesn’t own a second home on the reservation. No matter how many tournaments they run, though, Foxwoods consistently brings in some of the best field sizes on the East Coast every time.

The $2,500 Foxwoods Poker Classic Main Event drew 284 players, creating a prize pool of over $630,000 and a first place prize of over $150,000. All of which made it easier to chop it up once play got down to three-handed, giving each of the remaining players a hefty ROI over their initial $2,500 investment. At a final table that featured tournament regular Todd Terry, the shortest stack of the three, Michael Lavoie, guaranteed himself almost second place money, settling for $79,987. Similarly chipped Ronnie Pease ($108,295) and Phil Reed ($114,050) each cashed in big time, with Reed’s slight advantage also giving him the official win, the trophy and a snappy leather jacket.

HPT Win Allows Father To Buy the Greatest Swing Set Ever Created
Meskwaki Bingo Casino Hotel, Tama, Iowa

Photo C/O HPT

When Tom Hujda left his Illinois home for his trip to last week’s HPT stop in Iowa, his only goal was to leave with enough money to buy a swing set for his kids. Even this seemed like an ambitious goal, having never recorded so much as a cash on the Heartland Poker Tour. By the time the tournament was over, however, Hujda’s kids are probably getting a whole playground, as he won the whole thing for $77,897. He can afford to install this behemoth and still have $67,000+ to spare. Those are some lucky kids.

In Modern Day Kiev, Poker Plays You!
RPS Kiev, Ukraine

The Russian Poker Series is like the red-headed stepchild of the PokerStars tournament circuits, not even netting a mention on the PokerStars blog for the RPS’ most recent stop in Kiev. The $1,000 Grand Special built a prize pool of almost $300,000, however, with Yurij Predybajlo winning the tournament, $65,590, and the award for the least pronounceable name.

BLUFF Managing Editor Refuses to Share in the Run-Good, Strikes Again in Indiana
Hollywood Poker Open, Lawrenceburg, Indiana

jess-welman-ladies-wsop

File pic: Jess Welman

It’s been a little while since we had an entry in the “Year of the Media”, but we got a repeat offender this week. Jess Welman traveled to the Hollywood Poker Open in Indiana for their Ladies’ event, and in familiar fashion made her way through the field to the final table. She’s had an impressive run over the last year, cashing in the WSOP Ladies’ event, freerolling her way into an event at the Detox Series last year and final tabling, chopping another Ladies’ Event eight ways, and now this most recent performance. Welman fell just short, earning $3,770 for her second place finish. She will be back in town as part of the live updates team for the televised WPT Main event in the coming week, so if you’re headed there, be sure to congratulate her on another impressive performance.

Posted by at 6:28 pm

Zynga Acquires PokerTableRatings Team

Controversial dataminers to help “enhance” social poker experience, security

Just to be clear, Pokerati does not currently work for Zynga (though we’re wondering if maybe we should) …

Zynga should soon be well aware of my sick rungood in their $5/$10 “cash” games.

Continuing its rollout as serious new kid on the online poker block that is simply too big to be ignored … Zynga has acquired Poker Table Ratings, a Texas-based web-op that challenges current online poker Terms of Service with what technology and a legally enforceable free flow of information allow them to do.

PTR has also proved a key player in issues of online poker security for what their database can reveal not just about individual players, but site trends overall. According to Zynga:

The team’s experience and deep knowledge of the online poker industry will be invaluable as we work together to build out cutting-edge features and further enhance Zynga Poker.

However, Zynga goes on to specify that this acquisition of PTR parent company, MarketZero, a 16-person company in Austin, is not about taking over PTR, but rather about hiring their talent, who apparently will still own and operate MarketZero’s main website, PokerTableRatings.com.

Zynga has been on a hiring and acquisition spree of late — 11 acquisitions in the past 11 months — having obtained massive financing for expansion in the social media and gaming sectors, with estimates ranging from $180 million to $500 million.

Meanwhile, in presumably unrelated political news that may well someday be very related … a California state senator unveiled a “Do Not Track” bill yesterday — which would require all internet companies doing business in that state to allow users to opt out of any tracking or datamining capabilities.

Posted by at 3:47 pm

April 4, 2011

Winners, Losers, Coinflips (March 1-31, 2011)

Or: The I Love Erik Seidel Column

The problem with the WSOP creeping up on us is that sometimes we tend to ignore the run up to the biggest tournament series of the year. March is a big month for poker tournaments, and it shows in the people that came out on top in this month’s winners. From Erik Seidel proving he needs to be in a $20k+ buy-in to win anything to a couple pros making back-to-back final tables, this was a big month for the tournament pro. And its not even June yet. As for the losers, well, I’ll admit I had to nit-pick this month for a couple of them, but others were just too easy. Lets see who was noteworthy this month.

Winners

  • Erik Seidel (4): Seriously Erik, only play the Players’ Championship and the HU High Roller in this year’s WSOP. You’ll lock up two bracelets and you can sit out the main event knowing you may very well still win Player of the Year because you are winning damn near everything else. Erik impressed again in March by winning the NBC Heads-up Championship, a gimmicky made-for-TV tournament sure but its still against some of the best in the business. It’s funny that he is having this kind of sick run just a couple months removed from being inducted into the Poker Hall of Fame. It is almost as if he felt like he needed to prove he earned it. (Writers Note: Which admittedly in my head he did. In my series on the Hall of Fame voting, he made the cut but got the least number of votes from me.)
  • Vivek Rajkumar (1): A LAPC 2nd place finish and a Bay 101 4th place finish makes for back-to-back final tables in WPT events. Pretty impressive considering these two tournaments are probably amongst the toughest the WPT can provide. Also, the fact the guy has a Computer Engineering degree on top of his millions of tournament earning is just icing on the cake for why he’s a winner this month. Yea, I’m bias, so what?
  • Tim West (1): Not to be outdone, Tim West actually won the Wynn Poker Classic main event and then came runner-up in the WSOP-C Regional Championship in Rincon (aka San Diego). Now, he’s not huge on the radar (unless he’s an internet player and I don’t know it….paging @jesswelman) but that might change at the pace he is running.
  • The Pokerstars (1)/Wynn Partnership: What Pokerstars put into Steve Wynn’s drink to get him to agree to this we will never know. But this is a complete 180 from his prior stance on the issue of online gambling, and the fact that Pokerstars “landed” this partnership could be nothing short of amazing. Will this mean anything in the short term? Don’t know, there is a Nevada bill out that legalizes online gambling, but it has about as much of a chance as New Jersey’s in this writer’s opinion. Still, Stars is probably looking for a way to get into the US market by getting all buddy-buddy with the brick-and-mortars, and this was one hell of a way to show it.

Losers

  • The Full Tilt (-1) /Station Casino Owner Partnership: Conversely, however, Full Tilt’s partnership with Fertitta Interactive looks like a “oh crap that site we pretend doesn’t exist signed a deal…SCRAMBLE!” Yea, deals like this are usually talked about way in advance, but having the second announcement with a less flashy alternative is not impressive. In fact, I’d say it looks a little sloppy. Its worth mentioning that Fertitta and Station Casinos are completely separate, and while the UFC brand might help Full Tilt get new customers, it just doesn’t feel as good as the Stars/Wynn deal.
  • Daniel Negreanu (-1): I am sorry Daniel, but you lost the Superstar Showdown, you did not tie no matter what the official tally may say. My co-host on my podcast “Rabbit Hunt” beat me to the punch but I can say it in far fewer words. Even if 5000 roughly 4000 hands is not enough to determine who is better and he ran woefully under EV, its still a pretty good indication he was outclassed…at least this time. I’ll give Daniel credit for his comeback in the second week, but this was in no way a “Clash of the Titans”. Daniel was not in the same realm as isildur1 and he might have wanted to have some more practice before trying to take him on.
  • Joe Sebok (-2)/Prahlad Friedman (-2)/Jon Aguiar (-1): Yea this wasnt going to miss my crosshairs in a million years. This whole saga was a mess from top to bottom, and I’m lumping the three of them together because all three of them failed miserably. Prahlad should have never played the John Racener card (“oh no I lost a lot of money against a known cheater time to call bullshit!”). Joe shouldn’t have sent a thinly veiled statement saying he had shit on Aguiar’s girl, then pseudo-apologize only to definitely suggest he has some real dirt on her. And finally, Jon shouldn’t have flown off the handle, posted the DM attempting to crowdsource some sympathy and justice, and then constantly bring up his girlfriend almost as if to call a bluff. The whole thing was a mess, and nobody looked particularly good at the end of the day.
  • Mason Malmuth (-1): I’m totally content with getting personally blackballed from 2+2 for saying this: there is not a chance in hell that 2+2 is the poker community. Its like the people that aren’t members of 2+2 are suddenly alienated from existence. If that forum is the only poker community, then I’m glad to be an outsider…because the wise helpful 2+2 poster seems to be the exception rather than the rule. All Mason did was prove how big of an ego he has, and given the backlash regarding his statements…its unlikely too many people outside of “the poker community” approve of him being the mayor.

Coinflips

  • Norm MacDonald (0): This has been a point of contention for some. Gabe Kaplan losing AJ Benza as someone to bounce his jokes off of made season 6′s commentary fall a little flat. Gabe’s replacement is either making people happy or disgusted, with very little room in between. Personally I don’t mind Norm taking Gabe’s place on the show, but I still think it would be a lot better if there was someone else in the book, and High Stakes Poker hasn’t seemed to figure that out yet.
  • Anyone that played an April Fool’s Poker Media Gag (0): You wanna know why this didn’t come out on the 1st? Because I was going to originally write a WLC where UB was the Entity of the Month, isildur1 was the “Eff You” winner for beating down Daniel so hard, and whatever else I could have come up with. But instead I looked at the gags that were played rather than get creative and write my own. We were Fricke-rolled by The Micros (awesome), Pokerstars had its weird-as-fuck tournaments (not as fresh but still good), WSOP had “Strip Poker” introduced as an event (lame, plus my eyes will be glad that’s not true), and Pokernews tried telling us they were hiring a chip counter for every table (didn’t you read the media rules? gonna need 6 per table).
  • 2+2 Posters (0): Nothing showed the signal-to-noise ratio more on 2+2 then the whole Sebok-Prahlad-Aguiar affair. While some people kept things civil, you know damn well people like Kevmath were working overtime to make sure the site didnt collapse under the weight of some of their poster’s shittiness. So props to the moderators and the intelligent posters, but not so much to the trolls.

The “Eff You, Sir/Madam” Award

  • Mason Malmuth (-3): You thought I was going to go for the low-hanging fruit huh? Thought Sebok was an easy target for this months award for being an abject failure in the community? Well, here’s the thing, Sebok at least tried to come on and be reasonable. It wasn’t successful, although I don’t think anyone could have reasonably expected Joe to have any impact, but at least he tried. Mason, if he tried anything, it was to be a dick. In a very short time span, he proclaimed 2+2 as “the poker community”, which we’ve already touched on a little bit before. I get it, its Mason being Mason, but being a dick just because you happen to have a popular forum within the poker community does not make you God. Openly stating to Sebok that short of getting Paul on a moderated thread he’s got no reason to even be in the forum is…well…idiotic at best. At worst, well, it earns you the Fuck You award for March. Your forum isn’t the entire poker community Mason, because otherwise this post wouldn’t have passed moderation.

Entity of the Month

I don’t think anyone should be surprised by this but…

  • Erik Seidel (2-time champ: 7): Yep, giving this one to Erik again because he’s really starting to show how much he can’t lose. He won the NBC heads up and for the most part won the Number 1 spot in ESPN’s Nuts segment, because Ivey was, is, and always will be a permanent fixture in the top spot for better or for worse. The guy is just playing absolutely amazing poker and his sense of humor (and guest appearances on shows like The Micros) keep him high on other people’s lists. If he can keep this up…well…there is no telling where he’ll end up. That said, he’s won “Entity of the Month” for two months out of the three…so there is a good chance we have a runaway winner for any potential “1st Annual WLC Awards”.
Posted by at 5:45 pm

April 2, 2011

Taxation of Gambling Winnings in Canada

Time for a blog post about taxes. How are gambling winnings in Canada generally taxed? What if you play in a poker tournament in Canada? Are those winnings taxable? Does it matter if you’re a professional poker player or not?

In each case it will depend on a factual determination of whether you are carrying on the business of being a poker player or a gambler.

Source Income

Very generally, the “income” in respect of which one is taxed in Canada is one’s “income from source” as set out in the Income Tax Act[1] (the Canadian equivalent of the Internal Revenue Code). What is income from source? It is a productive source of revenue from an office, an employment, a property, a business, or (without limiting the generality of the foregoing) an “other source.” Income from betting or wagering isn’t from an office or employment, and it’s not conceptually like the rents, interest, royalties, or dividends that come from property. The courts in Canada have demonstrated a reluctance to extend tax liabilities to cover unenumerated sources (the “other source” referred to above) of income; it’s unlikely that any gambling activities would be included in unenumerated sources.

That leaves income from business. When one carries on business in Canada, whether as a resident or a non-resident, one is generally taxable on the profit associated with that business. So, can a gambler be carrying on the business of gambling? The answer is that it’s conceptually possible, but it’s not easy.

In order to carry on business as a gambler based on the decided cases, one has to carry on a business with a fairly high level of skill. The two most prominent cases where a person was found to be taxable on gambling winnings involved a professional golfer who made money wagering on his own performance in matches[2] and a snooker player who hustled drunks in money games.[3]

There is an old paragraph of the Act called “right to a prize” that provides as follows: “a taxpayer’s gain or loss from the disposition of (i) a chance to win a prize or bet, or (ii) a right to receive an amount as a prize or as winnings on a bet, in connection with a lottery scheme or a pool system of betting referred to in section 205 of the Criminal Code, is nil.”[4] While this language appears straightforward, this paragraph is of limited assistance and raises more questions than it answers; section 205 of the Criminal Code was repealed in 1985.

Lotteries, Games of Chance & Sports Betting

More…

Posted by at 12:37 am

Wait, Changes to Sports Betting in Canada off the Table (for Now…)

On the advice of the Prime Minister of Canada, the Governor General (the Queen’s representative in Canada) dissolved the 40th Parliament on Saturday May 26th of this year. We are now in a general election campaign. Election Day is May 2nd.

Dissolution brings to an end all business before both houses of Parliament. All government bills and private members’ bills are terminated and, to be resurrected, will need to be re-introduced in the next Parliament.

The upshot is that Joe Comartin’s bill to liberalize sports betting laws in Canada, discussed here and here, is now dead. We will have to wait and see what the membership of the House of Commons looks like after the election and whether Mr. Comartin (if re-elected) will re-introduce the measure.

Posted by at 12:27 am

April 1, 2011

Merchdawg’s Podcast Roundup

Chad Brown & Legal Talk

The Poker Edge:

Andrew Feldman and Phil Gordon are joined this week by Chad Brown. Before getting to Brown the two discuss recent poker news and lay out some details for Feldman Challenge will Feldman will take on someone in 25 to 250 hands at $0.01/$0.02. After finishing up the news Brown comes on to discuss his recent battle with cancer, including how it was found and the surgery to remove the tumor. He also breaks down what the future looks like and equates giving himself the best chance to stay cancer free to poker. You can listen to the entire podcast on ESPN.com, or download it directly via iTunes.

Two Plus Two Pokercast:

It’s been a while since these guys made it on the roundup but this week they were joined by Pokerati’s own Scarlet “scarlet_lv ” Robinson. Robinson follows Daniel Negreanu and Alan Boston this week to discuss online regulation (at the 1 hour 52 minute mark) breaking down the recent state bills that have been in the news. Robinson also gives her thoughts on where things go from here and what happens if these bills do not pass along with her thoughts on the recent alliances that some online sites are doing with some Las Vegas brick and mortar casinos. Listen to the show at the Two Plus Two Pokercast site or download it on iTunes.

DonkDown Radio:

Continuing on the legal front our very own Dan Michalski has been on a podcast tour since the cancelation of The Poker Beat. This week he returns to DonkDown for a new segment called the Poker Power Hour. Michalski comes on around the 32 minute mark to bring some of the recent legal news to the show. After he leaves the show the guys attempt to make some calls to those involved in the UB scandal before being joined by Shane “Shaniac” Schleger. You can listen to the show at the DonkDown site or subscribe and download it via iTunes.

Posted by at 10:13 am

PokerStars FTWynn?

APCW Perspectives Weekly

pokerstars wynn law politics pokerThis week we cover another step toward online gambling regulation in the United States, as the announcement came that Poker Stars and Wynn Resorts have reached an agreement to work together! Also, updates on the upcoming iGaming Super Show and the latest from eCOGRA.

Posted by at 5:29 am