Posts Tagged ‘South Point Poker’

January 16, 2013

Rakeback is out, Massages and MegaBeats are In

@RandomPoker: Vegas grinders look for new promos to pad their EV

All Caesars poker rooms across Nevada launched the Mega Beat Progressive Poker Jackpot earlier this month. It started with $200k to be paid out if some luckbox got his quad aces cracked. For every $100k more dumped into the drop, the qualifying hand also drops. So at $300k, all you need to lose with is with quad kings, at $400k quad queens …

I tried to hit it last week — flopped quad bullets at Planet Hollywood with two fish betting into me — but couldn’t lose to win.

After I relayed the story to a math-minded pro friend who told me that, because of the board, there was no possible hand that could have beat me and I should have raised at some point prior to the river.

Meanwhile, Yahoo Answers told me the odds of losing with a hand as weak as quad eights (see: $800k on the Mega Beat scale) are “not good.”

Mega Beat JackpotBut for this new Caesars Megabeat Jackpot, it doesn’t have to be you: 20 percent of the jackpot goes to the player with the losing hand, and 10 percent to the player with the winning hand; But 70 percent is distributed to players at all Caesars properties in the state. Because of this promo, they’re not offering high hand bonuses. Which means I was a few days late for being good enough to actually win with quads. Is that a bad beat?

Goodbye Rakeback
For most of last year, poker players in Las Vegas could find at least one place to earn something of an hourly wage on top of the chips they collected at the table. But that trend has all but vanished in 2013. Poker rooms have essentially stopped encouraging grinders to fold all day long.

More…

Posted by at 2:00 pm

October 16, 2012

Instapoker

FTP Affiliates lose out, Negreanu "rants", South Point Poker hiring

Andy Denick
Photo: Heartland Poker Tour


Today’s Boxscore

Benjamin Spindler €288,000 – EPT San Remo High Roller
Andy Denick $138,187 – HPT Daytona Beach
Karim El Rharbaoui €44,000 – FPS Sunfest


‘Twas not a terribly exciting weekend in the poker world but there were a few results around the world including the Heartland Poker Tour in Daytona Beach, San Remo High Roller, and the French Poker Series in Morocco (on a different continent not far far away from France). Our friends at HPT had another great turnout at the Daytona Beach Kennel Club and Poker room with a 35% increase over their last event, the winner Andy Denick with a nice 6-digit win.

The rest of the poker world stood by with baited breath as the poker world’s greatest ambassador* Daniel Negreanu promised to publish another rant** about all things Full Tilt Poker, Howard Lederer, Erick Lindgren, and everything else causing the slightest angst among the poker players of the world.

Instead we have this calm, clinical breakdown on his thoughts about just Lederer.

* – Not really
** – If that was a rant, Negreanu needs to adjust his meds

Link Dump

Full Tilt Poker affiliates won’t get paid – It’s a big, but not completely unexpected, punch to the gut of former FTP affiliates after the new company comes out with a statement saying “not my problem” when it comes to back payment.

Full Tilt Poker Signs Tom Dwan and Viktor Blom as “Professionals” – They haven’t even launched but FTP is already getting things lined up for those massive nosebleed cash games again. Dwan and Blom were two of the game regulars and neither has a whiff of controversy so this looks like another no-brain signing after Gus Hansen.

Official FTP (Pre)Relaunch Thread – Anyone who knows me will bear witness to my feelings about poker forums, but I suppose it’s about time to link up the 2+2 FTP Relaunch thread which contains some interesting information from Shyam “formerly FTPDoug” Markus. Surrounded by endless posts by mouth breathing nit-monkeys.

South Point Poker job openings – Want a job with a U.S. based online poker company? Your options are pretty slim out there but now it seems South Point Poker is hiring for a few positions. The “Poker Investigator” job could be interesting. Click the link to check them out.

The Final Table – Episode 2 – Another episode of The Final table with Russell Thomas and his November Nine prep team led by Jason Somerville.

Posted by at 1:00 pm