Archive for January, 2008

EPT Dortmund Day 1a Completed

01/30/08

Day 1a of the EPT Dortmund event completed yesterday with 70 of the original 198 participants surviving to fight another day. Day 1a had started an hour later than scheduled, mostly due to the large number of people hoping to register for the event. Boris Becker, one of the best tennis players in the world during his career, was expected to play as a member of Team Poker Stars, but [...]

Sale of Harrah’s is Officially Completed

01/30/08

In April of 2007, Harrah’s Entertainment Inc. shareholders approved the $17.1 billion sale of Harrah’s to the private equity firms of Apollo Management and Texas Pacific Group. On Monday, January 28th, the sale was officially completed, transforming Harrah’s from a public company to a private business. Although Harrah’s is now a private business, the company will continue to present their quarterly and year-end earnings reports with the Securities and Exchange [...]

American Poker Player Robbed At Knife-Point in Melbourne

01/30/08

Following the Aussie Millions Main Event, where he finished in 31st place, American poker player Jason Potter decided to make a quick run to a nearby McDonald’s. On his way back, Potter was attacked while walking across the Spencer Street Bridge, which lies close to the Crown Casino, home of the Aussie Millions. Potter was hit in the back of the head, and his attacker then robbed Potter [...]

Alexander Kostritsyn Wins Aussie Millions Main Event

01/28/08

The Aussie Millions Main Event ended earlier this week with a victory for Alexander Kostritsyn, a young poker player hailing from Russia. The Aussie Millions Main Event was held at the Crown Casino in Melbourne, Australia, where the first prize was $1.65 million. Kostritsyn had a strong run at the final table, eliminating a majority of the players who had survived up to the point where they tangled [...]

Small Pocket Pairs Before the Flop

Playing small pocket pairs can be a very challenging aspect of poker, because while they can form a monster hand if a set forms on the flop, which will happen about once every seven and a half times, they are also very easily beat by players who hold overcards and improve their hands with the community cards. Small pocket pairs are also weak if a big hand forms on the board, such as two pair, as the small pair [...]

Learning From Your Mistakes

Learning from mistakes is a crucial aspect in a poker player’s development. When a player loses a hand they have to understand why they lost it, honestly analyzing their play and the play of their opponents to determine the reason why they lost the hand. Sometimes, a player can lose a hand for as simple a reason as a river card strengthening an opponent’s hand. Other times, a player can make a critical mistake, such as making [...]

Aussie Millions Main Event Kicks Off

01/15/08

Everybody has been waiting for the Aussie Millions Main Event to begin, and it has finally done so. The player field was split into three separate groups, the first playing on day 1a, the second playing on day 1b and the last on day 1c. The tournament has been riddled with big poker names, along with some of the lesser known names. Days 1a and 1b saw a lot of intense action as the players jockeyed for [...]

German Ban on Online Gambling Challenged

01/15/08

In an effort to protect their own gambling industries, Germany recently enacted a ban on online gambling, much like the United States did recently with their Unlawful Internet Gambling Enforcement Act. The new German ban is called the German Interstate Treaty and was enacted on January 1. The treaty was passed by a majority of the German states, and is considered law. The European Gaming and Betting Association (EGBA) is challenging the treaty, filing a formal complaint [...]

Kahnawake Gaming Commission Releases Absolute Poker Audit Report

01/15/08

The Kahnawake Gaming Commission has released its final report on the ten week long audit of Absolute Poker that began following the accusations of cheating that cropped up after an user named Potripper suspiciously won a tournament on August 14, 2007. The audit confirmed the accusations, saying that insiders were able to exploit the Absolute Poker software in order to see the hole cards of all the players at their tables, allowing them to rake in profits at the [...]

Howard Lederer Wins Aussie Millions, Event #9 $100,000 Holdem

01/15/08

Twenty-five players shelled out $100,000 to play in the largest buy-in event at the Aussie Millions series of tournament. This created a prize pool of $2.5 million, to be divided amongst the top five finishers with fifth place earning their $100,000 back and the winner earning half of the prize pool, or $1.25 million. Several poker superstars were there, as in addition to Lederer there was also Erick Lindgren, who won the event in 2007, Phil Ivey, Chris [...]