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New online poker players can win a Las Vegas Trip from WSOP NJ

Written on October 25, 2014

The online poker market in New Jersey has been a highly competitive one over the last 11 months of its burgeoning operation. Leading the pack are two major poker networks, Party Borgata in first, and WSOP NJ mere 10 player average behind. With these operators so close in contention, it was time to pull out the big guns. That’s exactly what WSOP NJ’s marketing team had in mind when they decided to encourage new players to make a first deposit for a chance to win a free trip to Las Vegas.

From now until October 31st, all New … Read More

Real Gaming online poker site officially approved in Nevada

Written on October 24, 2014

Nevada’s online poker market has been up and running since April of 2013, with a total of three operators competing in the state. Ultimate Poker was the first, followed by last September, and finally Real Gaming in February of this year. Up until now, though, Real Gaming has been operating under a conditional trial period. Yesterday, state regulators gave the official word of approval for the online poker site.

The Nevada Gaming Control Board held a meeting on Thursday in which a multitude of topics were discussed. Among them was South Point’s internet poker offering, Real Gaming. The … Read More

US Poker Pro Dan Smith on track for GPI 2014 Player of the Year

Written on October 22, 2014

The world is teeming with professional poker players from all corners of the globe, but at this very moment, you won’t find any better the Dan “KingDan” Smith. He’s ranked the #1 poker player in the world right now, and if he stays on track, little more than two months from now he’ll be named the GPI’s 2014 Poker Player of the Year.

At just 25 years of age, Dan Smith has earned a staggering $8.86 million from live poker events, and another $2.5 million playing online poker tournaments. That doesn’t even include the untold millions he’s cashed out at … Read More

Former TV series, High Stakes Poker, could be revived by GSN

Written on October 20, 2014

When networks develop a television schedule, they often look for series that will appeal to a wide demographic. Shows about poker only attract a niche viewership, but if the program is attractive enough, it can draw a large enough audience to be worth airing. That’s exactly what seems to be going through the heads of the directors at GSN (formerly Game Show Network) as they recently launched a survey on the topic of the network’s former series, High Stakes Poker.

Certain poker shows are certain to be huge hits. The World Series of Poker on ESPN and the World Poker … Read More

New Jersey making big moves to expand Live and Online Gambling Market

Written on October 17, 2014

New Jersey’s online gambling market has received more limelight in the last year than Zach Efron’s infallible hair. Estimations of revenue production from the launch of online poker and casino gaming in November of 2013 were grossly over-exaggerated by state officials and industry analysts, and Atlantic City will have lost a third of its land-based casinos by the end of the year. With the eyes of the nation upon them, the Garden State is now looking to reinvent its gambling industry with further expansions that could include skill-based online gaming and legalized sports betting.

Governor Chris Christie made it very … Read More

Duplicitous poker tactics lead to mud-slinging between US poker pros

Written on October 15, 2014

What was expected to be a congenial live poker tournament at Planet Hollywood Las Vegas turned into a mud-slinging festival last weekend when two highly successful poker pros, American Jimmy Fricke and Canadian Doug Lee, butted heads. Oddly enough, the dispute arose after a hand in which Fricke was not even involved, but his vehement disagreement with how Lee swiped the pot was more than Fricke could repress.

It all started at the final table of the PHamous Poker Series Main Event, a $565 NLHE tournament with $500k GTD hosted by the Las Vegas poker room at Planet Hollywood. Everything … Read More

Welcome to the DurrrrChallenge

Who is this man Durrrr ? At just 22 years of age, Tom Dwan has become one of the most respected poker pros in the history of the game. From nosebleed cash games to some of the world's largest live and online poker tournaments, the man they call "durrrr" can be found everywhere. Recently, Dwan issued the Million Dollar Challenge: open to any member of the poker community except Phil "OMGClayAiken" Galfond, the challenge requires opponents to play Dwan in 50,000 hands of $200/$400 or higher on four tables at a time. If either player drops below 75 big blinds in their stack at any point, they must reload. At the conclusion of the Pot Limit Omaha or No Limit Hold'em hands, a winner will be crowned. If Dwan is ahead by $1 or more, his opponent must fork over $500,000. If Dwan's opponent is ahead by $1 or more, the youngster has offered to pay $1.5 million. In each case, the victor will also keep the spoils of the 50,000 hands of play. In addition to the money, the Million Dollar Challenge is about bragging rights.

The Challenge, as you'd expect, generated a considerable amount of buzz even before any poker pros raised their hands to play. However, three of the game's best will face Dwan and receive 3:1 odds on their money: Patrik Antonius, Phil Ivey, and David Benyamine. The latter two are World Series of Poker (WSOP) bracelet holders; in fact, Ivey owns five of them. In 2005, Antonius won the prestigious European Poker Tour (EPT) Baden event. He also finished third in the 2007 WSOP World Championship of Pot Limit Omaha for $311,000. The trio combines for $5.25 million in career WSOP cashes. Ivey and Antonius are both members of Team Full Tilt.

Dwan also has plenty of live tournament experience. He made the televised final table and finished fourth in the World Poker Tour's (WPT) Foxwoods Poker Finals during Season VI for $324,000. He's appeared on NBC's "National Heads-Up Poker Championship" and "Poker After Dark." First up for Dwan is Antonius. Designated Pot Limit Omaha tables have already been set up on Full Tilt Poker to host the spectacle. Keep checking back for up to the minute details on one of the world's most unique Real Money Texas Holdem Challenge.

Myths about Texas Holdem and the Challenge

Myths can be useful. On the surface they provide plausible explanations of why things are the way they are. Beyond that, they keep believers from discovering the truth, allowing those who know better to profit at the expense of others’ naiveté.

In poker, the abundance of myths certainly keeps play interesting. Following are a dozen of the most pervasive ones, many of which encourage inexperienced players to put more in the pot than they should or inhibit potentially good ones from playing at all.

  • Poker is a game of chance . The inventor of this one obviously wanted to entice more novices to stop studying the game, give up calculating odds and put their chips in the hands of fate (with “fate” being a particularly good player). Quite the contrary, scientific research has shown that a player’s talent is the single most important determinant of success. Winning poker is about six parts skill for every one part luck.
  • Good players always win. Don’t tell that to anyone who has ever finished second at a World Series of Poker (WSOP) title event. Even in cash games, the randomness of the cards is still a factor. Although good players succeed more than they fail—perhaps 60% or even 70% of the time—lose they most certainly do, walking away to play another day. That means there is at least an opportunity for lesser players to take them down.
  • Winners must be super aggressive. Hollywood might like that script, and relentless pressure certainly has its place, especially in big money tournaments. But in cash play and limit games, it can actually work against a good player. Most successful professionals, like a Chip Reese or a Dan Harrington, are selectively aggressive. They can turn it on or off and will go full throttle only for short periods of time.
  • Great poker players are born, not made. There might be such a thing as “natural poker talent,” but it is no substitute for experience and learning. Many of the top players today have an aptitude for math; they are good with numbers and quick at making calculations. Others are masters of human psychology. But those are just foundations on which to build their poker prowess. It takes playing in real game situations to develop one’s skills to the point of greatness.
  • Poker is a man’s game. This has to be true, right guys? Just look at the WSOP poker rankings—all men—except for Annie Duke, Kathy Liebert, Jennifer Harman Traniello, Vanessa Selbst, Vanessa Rousso, Annette Obrestad, Joanne Liu, Liv Boeree and ten other women who have earned more than $1 million at the tables, not to mention dozens of other females who now play professionally. Sorry fellas, but it’s time to apologize to the ladies for this myth.
  • Poker is all about reads . Players who can identify poker tells and understand what they mean certainly have an advantage. But if that were the secret to success, nobody would ever be successful online, where opponents are faceless, bodiless and perhaps just poker bots with poor programming. It’s much more important to know how to play your own cards than to focus on mind reading.
  • Bad players ruin the game . That might be true at the Blackjack table, but in poker, bad players are the fish that feed the sharks. Even the ones that consistently overplay hands, raising when they should fold, staying in and catching lucky draws on the River, will eventually feed the chip stacks of the better players at a table. Bad players welcome!
  • Losing bluffs help big hands win. Folks who subscribe to this baloney truly believe that they can’t get opponents to go along with their monster hands unless it appears they might be bluffing. What nonsense! Although getting caught in a bluff isn’t the worst thing that can happen in poker, it should never be a player’s intention. The sole purpose of bluffing is to turn a weak hand into a winner, not to advertise incompetence. Good players win big on big hands regardless of whether they bluffed previously or not.
  • Online poker is fixed . Pardon the double entendre. Online poker is certainly not fixed (rigged) but it has been fixed (corrected) ever since the poker cheating scandals of 2005-07, involving Absolute Poker and UltimateBet. Today’s reputable online poker rooms are secure, monitored by regulators and audited to prevent any types of cheating or scams. If the games were ever found to be unfair, users and the industry would come down on them like a flopped flush on a pocket pair.
  • It’s easier to win online than at live tables. So much depends on who is playing, where and when that no generalization of this sort can be made. In fact, the opposite may be true. Las Vegas poker regulars say a constant flow of tourists makes winning there easier than online, where the same players can be seen day after day. Online multi-tabling also means a single shark can feed on more fish, so in that respect it may be even more difficult to succeed in the virtual version.
  • More bad beats occur online . It sure might seem like this is true, especially to anyone who has played a lot online and off. But it’s mainly a mathematical illusion. Online play is faster, meaning more hands per hour at the table and, hence, more bad beats in total than at real tables, where play is much, much slower. On the other hand, a real contributing factor might be looser play at online tables, leading to more bad breaks.
  • Playing Texas Holdem for money is illegal . Unfortunately, this is true in some places, but not universally so. In Nevada, licensed casinos have poker rooms. In California, legal card clubs abound. New Jersey bans cash games played at home, but allows poker operated by some 12,000 organizations throughout the state. Online poker playing is lawful in most parts of the world, and some web sites welcome players from the U.S. and other countries where it is not. It is up to each individual to be aware of what laws apply, as they vary greatly from one jurisdiction to another.

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