Venetian has moved its Deep Stacks Extravaganza tournament series to the Palazzo and replaced one of the quarterly events with a new “Spring Big Bounty Festival.”

The casino just released the schedule for its next Deep Stack series, set to run May 24 to July 15.

There’s no DSE next month, however, meaning there will be only three this year. Instead, they will host the Spring Big Bounty Festival from April 12-22, also at Palazzo.

Since 2009, there have been four Deep Stacks a year inside the Venetian Poker Room, with events starting in January, April, May and October.

That changed in January and February, when players battled in this year’s first Deep Stack Extravaganza in the main casino area of the Palazzo.

With the Venetian being home to the largest poker room in Las Vegas, there’s no word on creating a permanent poker room inside the neighboring tower.

But the tournament shift to the Palazzo — because of already crowded Venetian poker room — appears to coincide with rumblings about expansion.

For at least a couple of years, there’s been talk about making the Venetian, currently 52 tables, even bigger. Already, a roped off area outside the main poker room handles the daily tournaments.

Now, word on The Strip is that work on Venetian’s poker room could start as early as August.

The plan supposedly calls for upwards of 90 tables, new chairs, bigger and better TVs, and tearing down the high-limit wall for better space.

Several attempts to reach casino officials about tournament and poker room changes were unsuccessful.

But it looks like Las Vegas Sands Chairman and CEO Sheldon Adelson might start throwing some money at more than just Newt Gingrich.

In the midst of a so-far unprofitable weeklong stretch of daily tournaments around Las Vegas, I decided to try my luck+skill next at the Orleans (a grizzled locals favorite), the Golden Nugget (for a tourist-packed short-stack event), and the Venetian for a little Deep Stacks Extravaganza with hoodie-and-headphones set. Each tournament has its own appeal, and gave me quite a taste of the broad range of game selection across town.

Friday night’s 12,500-chip starting stack at The Orleans.

Ragin’ Cajun: Friday Nights at the Orleans

Those on the lower-stakes Vegas grind often rave about Friday night at The Orleans. Large field, good structure, big prize pool. A friend advised that I arrive early because the event fills up so quickly. I parked around back almost an hour before the 7pm start time, and after securing my $125 entry, sat at a bar near the food court with T.G.I. Fridays, Fuddruckers, Baskin Robbins, Sbarro, Subway — yeah, real Cajun cuisine.

On this night there would be 270 players, with first place paying about $8,000. The floor supervisor said re-entries were possible but improbable because of a long list of alternates. As we got underway, two locals spoke conspicuously about a mutual friend who was playing a $250k buy-in event in Australia (the Aussie Millions high-roller event, won by Phil Ivey).

Of The Orleans’s comparably tiny entry fee, $100 goes to the prize pool, $2 goes to tournament “players of the month,” $13 goes to the house and $10 goes to staff. The tournament can often last until mid morning, but my run in the event would be a quick one, as I never dragged a pot and busted 5 minutes before the first break.

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Talk of PLO on Poker After Dark comes as I personally have been jonesin’ for mo-bigger low-stakes PLO … and based on emails, tweets, and Facebook, a stream of Vegas visitors and locals seem to be, too. Interest in PLO may be growing, but players in Las Vegas looking for starter stakes can’t always be sure where to find reliable action.

Word from the Strip is that a rather strong 1/2 PLO game has been running lately at the Venetian, apparently fueled by the November Deep Stacks. But one-bullet buyers beware, a $5 bring-in at the V makes the game kinda steep … especially for those with a strategy of pushing with weak two-pairs, calling with non-nut draws, and relying on run-it-twice to stick around long enough for a meal comp. (Don’t ask me how I know.)

And Aria Poker spreads a vibrant 1/2 NLH/PLO that occasionally makes. Their game plays most similarly to the Pokerati Game of old — and though it runs only sporadically, Aria often has the game posted on the board with a list of mostly 1/3 and 2/5 no-limit regulars ready to take a seat against any and all PLO tourists.

We all know there’s lots of chit-chat on blind structures, always, and there should be. They are important. In the early days of the poker boom, a lot of tourney directors didn’t really know what they were doing and surely didn’t understand the nuances of stack sizes deep into tournaments with bigger-than-expected fields. Then the Venetian came along with their Deep Stack concept, kinda-sorta revolutionizing the way smaller-stakes tournaments were played … at which point everyone started copying it and multiplying … and eventually trying to apply a bajillion starting chips concept to higher buy-in, big-time poker.

That’s when TDA honcho Matt Savage stepped up to say, wait a minute, let’s take a look beyond the first few levels, maybe these perceived Deep Stacks in a lot of instances aren’t all everyone says they’re supposed to be. Just about any educated “outsider” I’ve talked to who has taken a close look at the prevalent blind structures of the day contend that, indeed, while the non-bastardized Venetian Deep Stacks set-up is good, Savage’s not-so-deep-stacks structure as seen at the LAPC are indeed some of the best in the business — a model for other tourney directors to emulate.

After Day 1 of the WPT-Commerce main event, Daniel Negreanu agrees. Read more as he explains a bit why.

NOTE: I learned a good rule of thumb about antes from Negreanu, and where they fit in to breed action in “slower” events.

The North American Poker Tour at the Venetian is coming to its inevitable conclusion with the $5,000 main event final table, scheduled to start at 2pm PT today, with live streaming available at www.napt.com/tv. Here’s how the final table of 8 will look when play resumes:

Seat 1: Daniel Clemente (1,345,000)
Seat 2: Sam Stein (6,145,000)
Seat 3: Thomas Fuller (4,735,000)
Seat 4: “Miami” John Cernuto (1,300,000)
Seat 5: Yunus Jamal (3,940,000)
Seat 6: David Paredes (4,700,000)
Seat 7: Tom “kingsofcards” Marchese (2,370,000)
Seat 8: Eric Blair (1,690,000)

On Thursday, the final table of the $25,000 High Roller Bounty Invitational Shootout will play out, also scheduled to start at 2pm PT. Here’s the final table, with the number of $5,000 bounties each collected:

Scott Seiver (6)
Hoyt Corkins (4)
Faraz Jaka (4)
Joe Cassidy (4)
Brett Richey (3)
Peter Eastgate (2)
Ashton Griffin (2)

Each player earned $75,000 for winning their table, with the last man standing on Thursday pocketing $455,000 in the winner-take-all format. All seven players are also eligible to win an additional $100,000 from PokerStars.net for having the most bounties.

For those looking to follow the action, check out www.pokerstarsblog.com w/ ShortStack Shamus, Jennifer Newell and Otis, or the live reporting over at PokerNews.

The field in the $5,000 buy-in NAPT Main Event at the Venetian is down to their final 24 players, with a few recognizable names remaining as they play down to the final table of 8 today. Today is also the first day of the $25,000 buy-in Invitational Bounty Shootout. 7 tables, each seating 7 players, will play down to a winner. If you knock out a player at your table, you pick up a $5,000 bounty, with PokerStars.net giving the player collecting the most bounties an additional $100,000. The winner of each table is guaranteed $50,000 $75,000, with the 7 winners returning on Thursday. The winner takes home the remaining prize pool – $630,000 $455,000.

Even better is that you can watch the action live over the next three days on PokerStars.tv starting at 11am PT. To see who’s left in the 5k and the table lineups for the shootout, head to page 2:

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For those Pokerati readers who missed out on what’s going on, here’s some stuff that’s happened over the past few days:

The first PokerStars.net NAPT event in the US got off to a roaring start on Saturday, with 872 players putting up $5,000 at the Venetian as part of their Deep Stack Extravaganza. 149 players started day 3 a few minutes ago, with 128 making the money. Hand for hand play has just begun, and the tournament staff is hoping to play down to 24. You can follow the action over at PokerNews, PokerStarsblog.com, or PokerListings. The winner when play ends on Thursday will collect $827,648.

Reality show star Trishelle Canatella made the final table of the WPT Celebrity Invitational, part of the LA Poker Classic currently running at the Commerce Casino. The final table will resume on March 3rd with this lineup:

Seat 1: Steve Elliott – 1,520,000
Seat 2: Thor Hansen – 1,480,000
Seat 3: Trishelle Cannatella – 1,540,000
Seat 4: Sean Urban – 2,090,000
Seat 5: Neev Baram – 1,900,000
Seat 6: LeRon Washington – 1,790,000

In other LAPC news, Al “Sugar Bear” Barbieri took down his 3rd preliminary event of this year’s LAPC, winning the $2,100 Ironman event, a tournament with no scheduled breaks. Barbieri pocketed almost $60,000 for the win, plus a seat to the $10,000 Main Event, which starts February 26th.

The NBC National Heads-Up Championship is just a few days away, with the draw party on March 4th at Pure at Caesars’ Palace, followed by the tournament from March 5-7. The full list of 64 participants hasn’t been announced yet, but over 20 players already received their invite through a series of criteria, including last year’s winner, Huck Seed. Other automatic invites include: Phil Ivey, Joe Cada, Vanessa Rousso, Darvin Moon, Jason Mercier, Eric Baldwin, Sammy Farha, Bertrand “Elky” Grospellier, and Barry Shulman. One invitee who had to decline: Jeff Lisandro, who has a prior commitment in Australia which prevents him from attending.

The EPT Copenhagen event, which drew 423 entries, concluded Sunday evening with Sweden’s Anton Wigg outlasting Italy’s Francesco de Vivo in a four-hour heads-up duel to win 3,675,000 Danish kroner ($6782,918). Other notables who cashed: Roberto Romanello, Peter Eastgate, Juha Helppi, and Bertrand Grospellier.

Boycotting may be too strong a word … “avoiding” could work, as could “snubbing”, as could “pissing off its own players by telling them they can’t go.”

Supposedly, highly reliable sources are saying, Full Tilt brass in Ireland are telling Full Tilt-branded American (and non-American) pros that they are not allowed to play in the Venetian Deep Stacks main event … as it is part of the newly launched NAPT, presented by PokerStars.net. What, are you guys not buying their claim that Stars-dot-net is different than Stars-dot-com? Interesting …

We hinted that something was coming on The Poker Beat a couple weeks ago. Kudos to ESPN’s @GaryWise1 for digging up the confirmation on the above. Listen below to a 5-minute excerpt of the bubbling under.
TPB2510-excerpt

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Apparently, Howard Lederer really has stepped away from calling the operational shots at Tilt, and it’s totally news to Bitar & Co. that Full Tilt pros were ever stepping foot in non-Tilt branded events, such as the PCA (PokerStars) and Aruba (UB). Sure enough, the Hollywood snub at the Sharon Osborne Trash Talk Championship of the World (at the Hard Rock) charity tournament was a sign of more serious fissures in the poker world to come.

Kinda funny … because these sites have been so worried how a new Harrah’s-branded online gaming presence would negatively affect other online sites branding opportunities at the World Series of Poker, and now their reaction to the threat seems on track to becoming a self-fulfilling prophesy.

UPDATE: http://sports.espn.go.com/espn/blog/index?entryID=4921898&name=poker

Another good video from the LAPC … in this one Matt talks with Eric Baldwin (aka “Basebaldy), the 2009 CardPlayer Player of the Year. We, of course, got to know him as he was tearing through a Venetian Deep Stacks field prior to showing what he really was in town to do at the WSOP.

Anyhow, hate to make this all about the LAPC when tourneys are going on around the world — from Copenhagen to Tunica … but this gives a good glimpse at someone who is now a “big name” in poker though few have gotten to know him yet:

In the above video they talk about Baldwin’s efforts to snap his 0-fer history at the LAPC and where “taking it easy” fits in to the upcoming Ironman competition.

The Venetian Deep Stacks, with the first ever NAPT tag attached to their main event, is underway. Click here to see the schedule.

One other new not necessarily that new thing this go-round is the Best Overall Player Award. Details from The V:

BEST OVERALL PLAYER AWARD
The four players that accumulate the most player points throughout the entire event will be awarded Best Overall Player cash awards. One-half of one percent will be withheld from the prize pool of each daily tournament and added to the Best Overall Player total prize pool. The standings will be updated daily and posted in The Venetian Poker Room. Super Satellites, 7 pm second chance tournament and the $5,000 NAPT are not part of the overall point’s race.

Who says tournament poker is dying/hurting? It’s hard to go anywhere on the planet these days without finding a major soccer poker tournament. Lots of kids with disposable bankrolls, it seems … and lots of older folks trying to grab it.

At the EPT Deauville, which just wrapped up, all eyes were on Elky and Peter Eastgate to take down the biggest tournament ever in France. But out of 768 runners, they went out in 9th and 8th, respectively, with 21-year-old Brit Jake Cody winning the €847,000 top prize and presumably earning himself a spot on the PokerStars Kids Team.

Elky, meanwhile went pimptastic/not-gay in his homeland, sponsoring Team ElkyLady:

The LAPC is just getting into the thick of its WSOP-duration run. Click here to follow the winners as the events unfold. Of all these events going on worldwide, this one is still probably the biggest.

Across the continent, in Atlantic City. the World Poker Open at the Borgata is rolling along, with their $3,500 main event starting Sunday. They’re still drawing fields in the multi-hundreds, making Borgata the East Coast place to be.

But let’s not forget Mississippi — which used to be the preferred place for poker players to kick off the new year. They only got 208 entries into the $10k WPT main event at Beau Rivage. The final table for the Southern Poker Championship is set:

Name Chips

Hoyt Corkins 2,069,000
Tyler Smith 1,169,000
Jerry Vanstrydonck 1,044,000
Jonathan Kantor 894,000
Jared Jaffee 762,000
James Reed 377,000

Follow the good-ole-boy action here.

Halfway around the world, the Aussie Millions is into Day 2 of their main event. After a festive Australia Day celebration, things got underway for the big-daddy of this Southern Hemisphere main event:

Some other cool tourneys at the Crown Casino still going … It’s very 2 Months $2 Milliony In the Australian heads-up championship, they’re duking it out to see which four will advance to the money matches against Andrew Lichtenberger, Barry Woods, Vanessa Selbst, and Martin Gudvangen.

And action is just getting underway for the Team Event. Here’s how they play team poker down under:

How Does Team Poker Work
The game is No Limit Hold’em. Teams of two, only one member from each team is on the felt at a time.

The partner’s rotate whose turn it is to play the team’s stack each level. The first players in the game get half of the team’s start bank, if they bust in the first level the team mate comes in immediately and plays with the other half of the team’s starting bank.

That person will play the remainder of the first level, and the second, before the original partner resumes play in the third level.

From the second level onwards team will have their full stacks in play, and once it’s gone the team is eliminated.

And our new-good friends at the Heartland Poker Tour are in Quapah, Oklahoma — at the Downstream Casino in the far northeast end of the state, running qualifiers for their next televised main event, which gets underway this weekend. This one is good clean All-American fun for the kids, too, as you only need to be 18 to play.

The Venetian Deep Stacks is also getting ready to start — with Event #1 kicking off Friday, so it’s not like nothing’s going on here in Las Vegas these days. .

Wow, so much big action going on today. I really can’t think of a comprehensive way to follow it without tuning in to a lively collection of poker-player twitter feeds.

Obviously it’s Day 6 of the WSOP main event … and we’re all starting to wonder just how deep @DonkeyBomber and several others (Peter Eastgate, Dennis Phillips, Joe Sebok, Phil Ivey, Elky, David Benyamine) can go. Click here to follow the live updates on WSOP.com.

NOTE: Tom is playing at the ESPN featured table with Prahlad Friedman. I told him he didn’t have to wear his patch until Day 7. Oops? What I didn’t take into account (via Pauly):

Another huge table? Jordan Morgan drew Phil Ivey and David Benyamine’s table. All are top pros but very quiet players who rarely speak at the tables. I guess that’s why they’re not on the featured TV table.

And then down the hall in the Brasilia room, @taopauly and I are looking to take down the WSOP Dream Team Poker team title and then some.

Today is also the start of the Venetian Deep Stacks main event — a $5k that looks to have lots of WSOP main event bustouts in the field. And Team Pokerati will have its representative in @Tbonezz111. It’s the biggest event Troy’s ever played in; he got in on a $130 satellite to a mega-satellite … so should be fun to see if he can make a run for the bubble and then some.

Lastly, the $15k Bellagio Cup V main event starts today. Should be interesting to see who plays (and who doesn’t, opting instead for the Venetian action). You can follow those updates at WorldPokerTour.com.

Wheee! Great way to start the week … and bring the big poker summer to a close.

Hey, we know that guy! Met Eric Baldwin and his crew while he was taking down the $2,500 main event of last quarter’s Venetian Deep Stacks. Guys to watch out for, obv … serious “unknown” up-and-comers (save for Shannon Shorr, and maybe Justin Young) with the Hendon Mob resumes to do some real damage to good players who may not realize what they’re up against.

http://pokerati.com/2009/04/26/deep-stacks-heads-up-mini-marathon/
http://pokerati.com/2009/04/26/venetian-deep-stacks-report/:

– The (plenty drinky) crew sweating Baldwin includes Cody Slaubaugh (on a tear of late), Adam Geyer from Austin, Justin Young (who finished 8th in the WPT World Championship this weekend), and Shannon Shorr (who finished 5th in the WPT Championship today). Needless to say, these guys are all having a good weekend and month … with nearly $1 million in winnings amongst them … probably more if you include their online tournament results.

Pokerati player Jerry Randack is making a run at the Venetian HORSE final table today.

First off, some props to some Pokerati peeps scoring in the Venetian Deeps Stacks. Today, Team Pokerati player Jerry Randack made it to Day 2 in the $500+50 HORSE. We’re trying to follow him on twitter today, but, you know … some people don’t quite get how that works yet.

Also, big kudos to La Sengphet and Chui Kim from Dallas. La took part in a three-way chop in a $300+30 last week that paid her $24k. Chui followed that up the next day with a 4th place finish for $17k.

The Venetian tournaments are setting record numbers — with field sizes ranging from 500+ players to more than 800 in both $300 and $500 NLHs. Not sure yet on the HORSE event …

Meanwhile, the competing smaller buy-in skill-based tourneys across Las Vegas Blvd. at Caesar’s — the MegaStacks — are seeing very different results. According to one of our spies on the ground, answering the question of how it’s going over there:

Horrible. They canceled their $1k on Sunday because of lack of entrants. A player at Venetian said he went over their first, and they had 9 entries as of 11:30, one of whom was Jerry Yang. I saw Yang sit down in the Venetian tourney as a late entry at about 1:15.

NOTE: Bellagio has also affected the non-WSOP summer tourney landscape, re-upping their nightly tourney buy-in to $1,000.

Don’t forget that the WSOP isn’t the only big poker action going on in town right now. The Venetian has its own not-so-mini series of poker four times a year, the third of which kicked off today.

Event #1 ($300+30 NLH) of the 2009 Deep Stack Extravaganza III had a record 700 entrants — compared to 337 for the same event last year.

Total prize pool: $202,650. 1st Place: $56,743. Paying 63 spots.

(Not sure where the $1,650 overlay comes from.)

We actually had a Team Pokerati player in the field — Cliff Fisher, aka @brdpoker — but he made it only halfway through the field (and halfway through the first level in the second-chance tourney). Cliff plays in the WSOP $1,000 Stimulus tourney on Sunday, btw.

We’ll also see if we can’t find out how the other Little Big Tourneys are doing — specifically the Grand Series of Poker at the Golden Nugget, and the Caesar’s Megastacks.