Archive for the 'Poker Industry News' Category

Poker News: ChanPoker Bites the Dust

Saturday, August 23rd, 2008

Chan Poker, the once flashy online poker site located at www.chanpoker.com, is the latest victim of the UIGEA legislation that was passed in late 2006. Chan Poker has announced its closure effective August 21 but has assured players that withdrawal requests will be honored and processed as quickly as possible.
The Unlawful Internet Gambling Enforcement Act [...]

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Poker News: Newbie Wins $250k Online Tournament at Titan Poker

Friday, August 15th, 2008

Was it beginners luck or sheer skill? We may never know. One thing is for sure, though. Someone named Reimer Koester signed up for an account at online poker site Titan Poker on July 31 and ended up with thousands of dollars in cash a mere four days after. Sounds like a fairy tale but [...]

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High Stakes Poker Renewed for Season Five

Tuesday, July 29th, 2008

What do poker players do when they’re not grinding it out in online poker rooms or live poker games in casinos? Why, watch poker on television of course! So here’s some welcome good news to poker aficionados out there. Despite rumors to the contrary, “High Stakes Poker” has been renewed by Game Show Network (GSN) for the fifth season.

Living under a rock and have no clue what “High Stakes Poker” is about? It’s basically a show that features the most popular poker personalities putting up $100,000 or more of their own money in a ring game of No Limit Texas Hold-em. With pots so sick that it can reach over $1 million, you can imagine the magnitude of poker drama involved.

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Read more on High Stakes Poker Renewed for Season Five

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Poker News: FIDPA Introduces Standardized Poker Rules

Monday, July 28th, 2008

Everywhere in the world, poker is hot. The poker industry is still on an uphill climb and more and more people are getting into the game. This doesn’t mean, however, that the rules you use in Las Vegas are the same rules being used on the other side of the Earth. And any serious poker player knows that confusion on the rules in the middle of a poker game (or even worse, in the middle of a hand), can cause a great deal of frustration—not to mention a mountain of chips.

Thanks to the Federation Internationale de Poker Association (FIDPA) and the International Poker Rules (IP Rules), this problem should no longer be a cause to tilt. Professional poker players Marcel Luske and Michelle Lau established FIDPA and IP Rules to make sure that there is an international set of rules and standards for poker games.

Read more on Poker News: FIDPA Introduces Standardized Poker Rules

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Absolute Poker and UltimateBet launch the third largest online poker network, CEREUS

Friday, July 25th, 2008

The third largest online poker network in the world was formed on Thursday, with UltimateBet and Absolute Poker combining user bases and features to launch CEREUS.

CEREUS is the result of more than 12 months innovation and development. Absolute Poker and UltimateBet will join the network and retain their unique assets to continue as individual brands, but they will now share more players, more action, more tournaments, incredible new features and massive promotions.

Paul Leggett, Chief Operations Officer of both Absolute Poker and UltimateBet, said:

Read more on Absolute Poker and UltimateBet launch the third largest online poker network, CEREUS

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Bodog Poker $250K Guaranteed Poker Tournament Runs This Sunday

Tuesday, July 15th, 2008

History will be made this summer with Bodog Poker’s $250K Guaranteed Poker Tournament. It gonna be the largest prize pool tournament ever and it on this Sunday, August 10 at 4pm EST.

A guaranteed $250,000 in total prize money will be awarded, no matter how many people register, and to give players of all skill sets and bankroll sizes the chance to get in on the action, Bodog is running around-the-clock qualifiers starting today for as little as $1, as well as offering a direct buy-in for only $250+$20.

Bodog that guarantees online poker players the absolute best value for their tournament dollars. Every month, Bodog guarantees its players millions of dollars in prize pool money in daily and weekly tournaments, including its popular Sunday $100,000 guaranteed which will be replaced with the $250,000 guaranteed tournament on Aug. 10.

Bodog Poker $250K Guaranteed Poker Tournament Runs This Sunday

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Poker players all-in with Obama’s campaign for the White House

Tuesday, July 8th, 2008

Majority of players at the Las Vegas’ World Series of Poker are supportive of Barack Obama and his campaign for the White House.

A season poker player himself, Obama has expressed a desire to regulate and control online casinos, rather than outlaw online gambling. This move gained Obama the support of former WSOP champion Doyle Brunson.

“Poker players have to support Obama,” the former life-long Republican commented on his change in stance. “God help the internet gambling business if McCain does happen to win.”

“In poker you have to put yourself in the shoes of your opponents, get inside their heads and figure out what they’re thinking; what their actions mean; what they would think your actions mean; and reading people’s bluffs.”

Obama’s credentials as a poker player is a good indicator of his leadership skills. Obama was a regular at the low-stakes games — sometimes stud poker, sometimes draw — designed to break up the tedium of long legislative sessions. Poker, beer and cigars were staples; Democrats and Republicans, lawmakers and even the lobbyists who Obama sometimes rails against dealt the cards and placed their bets.

Poker players all-in with Obama’s campaign for the White House

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World Series of Poker Main Event Top Prize

Monday, July 7th, 2008

The top prize at the main event of the World Series of Poker will be $9.12 million this year, and 666 players will get some piece of a $64.3 million prize pool, tournament officials said Sunday.

More than one-third of the tournament’s entrants entered the no-limit Texas Hold ‘em tournament Sunday, the last day players were able to register. The 2,461 players pushed the total field to 6,844 players.

There were nearly 500 more players than last year but far fewer than 2006, when a record 8,773 players entered and Jamie Gold won $12 million.

The top prize of $9,119,517 is the second largest in the main event’s history. Last year, California psychologist Jerry Yang emerged from a field of 6,358 players to win a top prize of $8.25 million.

Tournament spokesman Seth Palansky said the number of entrants was what tournament officials were expecting, about equal to the event’s average for the last five years.

Read more on World Series of Poker Main Event Top Prize

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PokerStars interactive video portal, PokerStars.tv, officially launched this week

Monday, July 7th, 2008

PokerStars officially launched an interactive video portal this week, the PokerStars.tv that features leading edge video-based poker clips and instructional offerings.

PokerStars.tv already boasts numerous clips from several Team PokerStars Pro members, who share their expertise in specific poker hand or poker scenario situations and possible poker strategies.

Now available on the site is an introductory video on the four World Series of Poker bracelet holder and two World Poker Tour Championship titles, Daniel Negreanu, with feature videos on some Team PokerStars Pro members, Joe Hachem, Greg Raymer, Bill Chen and Dario Minieri.

The site has an extensive search function, which allow users to focus in on such topics as specific hand holdings, to better understand situational plays.

Read more on PokerStars interactive video portal, PokerStars.tv, officially launched this week

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Martin Klaser wins 2008 WSOP Bracelet event no. 43 $1,500 Pot-Limit Omaha Eight-or-Better poker tournament

Saturday, June 28th, 2008

Martin Klaser scored one for Germany Thursday night, bringing their 2008 WSOP bracelet total to three. Martin Klaser dominated short-handed play en route to his first World Series of Poker title in event no. 43, the $1,500 Pot-Limit Omaha Eight-or-Better tournament.

After besting a field of 720 players and a final table that included Team Full Tilts Erik Seidel. Martin Klaser entered heads-up play with a 3:1 chip lead over Casey Kastle and played an ultra-aggressive style that saw him win all but three of the 19 hands that were dealt.

Read more on Martin Klaser wins 2008 WSOP Bracelet event no. 43 $1,500 Pot-Limit Omaha Eight-or-Better poker tournament

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