22August2017

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Full Tilt to Re-launch

It has been a long and hard struggle for all the European players associated with Full Tilt Poker, but finally after being saved by Pokerstars, Full Tilt Poker is due to re-launch sometime the week of the 29th October 2012.

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Bodog88 Poker continues expansion to the East

Bodog88 is continuing its transition over to the east with the opening of an online sportsbook and casino in Vietnam, with a Poker site due to be launched before the beginning of 2013.

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Biggest Ever Open Live Tournament to Raise Awareness for One Drop Charity

Many of the big names in the poker world are well known for offering staggering amounts to charitable foundations, but the largest names in the game have never done anything like what is about to happen with The Big One tournament for The One Drop charity.

With 48 players paying a staggering $1 million fee to enter the Big One tournament in association with the One Drop Charity the total prize pool will be a cool $42.6 million the biggest in open poker history. However, for the One Drop Charity each entry fee will have 11.1% donated, which works out to be a huge $5.3 million donation.

 

One Drop is a charity that promotes water awareness and safe water supply to under privileged countries around the world. It is fair to say that both the coverage it receives from this event and the $5.3 million that will be raised from this tournament will help a lot.

 

The game is being held at the same venue as the WSOP and there is a mixed field to say the least. Of course, due to the huge buy in, even some of the top names in the game can’t afford to buy directly into the tournament. The perfect example, Gus Hansen, won seat number 48 in a super satellite tournament that had a $25,000 buy in, which is two and a half times the entry fee of the WSOP main event. This has meant that the field is made up of several unknown high rollers, including; CEOs, hedge fund managers, the founder of onedrop.org Guy Laliberté, and some of the biggest names in the game as well. Some of the professional players include; Tom Dwan, Phil Ivey, Daniel Negreanu, Antonio Esfandiari and the voice of poker Mike Sexton.

 

The top prize will be a staggering $18.3 million, which is $6 million more than the the most ever paid for a single open tournament win at the WSOP 2006 won by Jamie Gold. The winner will also receive a platinum WSOP bracelet, which will be the first of its kind. The new bracelet will be worth a fair bit as well, but I don’t think the winner will be selling it. With 160 grams of 14K gold and 35 carats of flawless diamonds this will be the most expensive piece of sporting jewellery ever made.

 

The event has actually been in the pipeline for over a year now with Laliberté saying that he spoke to Garber (the CEO of Caesars Interactive Entertainment and the man responsible for the World Series of Poker) back in 2011 at an ice-hockey match. He said that he wanted to bring a huge game with a charitable element to the WSOP, and this led to the development of The Big One.

The tournament, which starts on the 1st July, will be one that every player in the field desperately wants to win, but who will? Only time will tell.

First day of ‘The Big One’ Tournament shows mixed results for the Professionals

The biggest tournament in history is underway with the first day coming to a close. 48 players started out on a quest to win the largest sum of money at any open poker tournament of $18 million, but only 37 remain after a mixed first day for the professionals.

The $1 million buy in tournament saw Michael Mizrachi, Andrew Robl, Eugene Katchalov, Jens Kyllönen, Nick Schulman, Bertrand Grospellier, Justin Smith, Paul Phua Erik Seidel, Jonathan Duhamel, Giovanni Guarascio and all bust out on the first day leaving many wealthy amateur businessmen still in with a chance of taking poker’s biggest ever open prize. However, you only have to look at the top nine players to see that the chances of a professional taking down the $18 million looks likely.

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US Online Poker Legislation Making Strides

It has been a rollercoaster year for online poker in the US. Many had given up the fight to see it legalised in the United States once again. However, now it seems like it may not be too long before it will once again be legal to play online poker in the US.

In fact, in June the very first online poker license, since Black Friday has been issued to a US gaming company Bally Technologies by the Gaming Control Board of Nevada. Now all that stands between Bally and the right to produce poker software legally for a US audience is a stamp of approval from the gaming commission in Nevada. With this coming to light, other major corporations like the Bwin network and International Game Technology have also filed applications for approval.

Now, everything is by no means settled and even the most optimistic of people said that it could still be another eight months until the first legal online poker hand is dealt to a US player. However, it does seem like there may be a potential solution not too far away.

In Illinois, John Cullerton, the state president had brought in a bill that creates a new division of gaming under the same as the lottery, which would make online poker legal if it is accepted by the general assembly. If this is approved then it is expected that the state will revenue billions of dollars. However, this is not something that has gone unnoticed and several other states have stood up and took notice. California quickly moved to distance the state from a potential link up with Nevada. They stated that there were tribal organisations who would contest the bill, even though it would have been edited for their benefit. Bwin, who have filed for a licence with Illinois have also gone for one in Nevada, which suggests that Nevada may go in alone with their application.

Other states that might possibly link up include West Virginia and Rhode Island with Delaware. New Jersey also have the bill filed but a decision will not be made until at least October this year. Last but not least, Colorado has filed the same bill as New Jersey but they do not have any plans to pass the bill anytime soon.

The rules currently state that currently you can play online poker in the United States if you are using an offshore company, and while frowned upon, the government are not actually seeking out people who are taking part in offshore gaming although the companies are illegal.

There are two reasons why poker is making strides to come back into the US. The first reason is money and the second is so the American government can have control over everything again. One person in the know has stated that the US government could revenue up to $8 billion if they legalised online poker again, and these figures simply cannot be ignored.

It may be a while before we see legalised online gaming once again in the United States but for the very first time since Black Friday it seems like there is a solution.

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