Poker News May 8th, 2008
Full Tilt Online Poker Series Has Begun
Full Tilt kicked off the eighth instalment of its Full Tilt Online Poker Series (FTOPS) yesterday with a $216 buy-in six-handed no-limit Hold’em event with a $750,000 guarantee.
The first of 24 events running from now until 18th May, the online casino is guaranteeing ten million dollars in prizes and stated that at least five events will have guarantees of one million dollars or more.
$15 Million Invested Into Legal US Online Poker Room
When the Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in late 2006 by the US government, online poker operators located in the United States went running for the hills, relocating their offices to legal jurisdictions. Most cut off US players as well, resulting in what was supposed to be a dead US market.
What really happened was that online poker players in the US found other online poker rooms that would continue to accept their deposits. While these are steadily dwindling in numbers - ePassporte just cut off their payment processing services between US residents and online gambling operators - one online poker room remained behind.
How to profit from online poker bots
Poker, with its outlaw image and Midwest jargon, is an oddball sort of game. But it’s also uniquely academic, in that the game remains ‘unsolved’.
While algorithms exist that can play more-or-less unbeatable games of chess, backgammon and draughts, poker – at least, today’s popular ‘No Limit’ version – remains something only humans can fathom.
Las Vegas Introduces Its New Asian Games Network
Las Vegas From Home.com Entertainment Inc. (the “Company”) or (”LVFH”) (TSX VENTURE: LVH)(OTCBB: LVFHF)(BERLIN: LVH)(FRANKFURT: LVH) is pleased to announce that it is marketing its Asian Games Network (the “AGN”), www.asiangamesnetwork.com. The AGN will act as an aggregate host site to other online poker, sportsbook and casino operators who would like to offer the Company’s Asian multi-player games to their respective customers. Licensees will be able to offer the Company’s full suite of games, which include Mahjong, Big 2, Chinese Poker, Fight the Landlord and other games or alternatively, be able to select specific games.
read more?
UltimateBet Ignites Competition with New Sit and Go Poker Promotion
Just days after launching a bold new poker tournament schedule created by Annie Duke and following up that announcement with two major online poker promos, UltimateBet has enhanced its poker offering yet again. The online poker site today announced the addition of the Sit and Go Satellite Bounty Challenge promotion, an enticing weekly contest featuring 32 separate leader board competitions.
“Nothing prepares Texas Hold’em players better for final table action than UltimateBet’s Sit and Go satellites,” stated David Clainer. “With 32 weekly leader board competitions awarding loads of online poker tournament entries, there’s even more incentive to take a seat.”
The 32 weekly leader board competitions reward players with entries into the most popular online poker tournaments at UltimateBet, including the online poker site’s World Series of Poker* 25-seat and 50-seat guarantees.
The first 16 leader board competitions rank the poker players who have earned the most RAI$E Status Points by playing in Sit and Go direct entry satellites for 16 separate events over a one week period. Depending on the event, the poker player who ranks first can secure up to a week’s worth of buy-ins for the corresponding event.
The next 16 leader board competitions mirror the first 16. However, instead of ranking RAI$E Status Points, poker players will be competing for the top spot based on most wins.
Full details on all the Sit and Go Bounty Challenge are available at UltimateBet.com.
About UltimateBet
Designed with the assistance of the best poker players in the world - Phil Hellmuth and Annie Duke - UltimateBet provides the best poker games available on the net. Players can download the free poker software, play in free ring games and tournaments and get tips from these pros to learn the sport or to enhance their playing strategy. UltimateBet currently has over 2 million registered players.
*World Series of Poker and WSOP are trademarks of Harrah’s License Company, LLC (”Harrah’s”). Harrah’s does not sponsor or endorse, and is not associated or affiliated with, UltimateBet or its products, services, promotions or tournaments
VC invests in legal online poker site
PurePlay has announced the closing of Series C equity financing round for $15 million. The company claims to be the first and the largest online, legal non-gambling poker site with a record 1 million users and to-date has given away $3 million in cash prizes. The funding will allow PurePlay to increase marketing and expand infrastructure to handle the rapid growth.
‘dhc2lovr’ Hits Ultimate Bet Bad Beat Jackpot - Twice!?
The well known online poker room Ultimate Bet has found its way into the headlines on numerous occasions due to its lucrative Bad Beat Jackpot promotion. Past cases have been happy, congratulatory messages to the winner, but this time, the story comes with an interesting, if not distressing, twist.
Yesterday, May 6th, online poker player ‘dhc2lovr’ was awarded a massive Bad Beat Jackpot at Ultimate Bet, pocketing $448,920.71 for losing with an extraordinary hand at a Bad Beat poker table. Only 1-1/2 months ago, on March 25th, ‘dhc2lovr’ accomplished the same feat, claiming an Ultimate Bet Bad Beat Jackpot of $171,498.31.
Titan Poker Gears Up to Host First “Land Based” Tournament
The largest poker room on the iPoker Network, Titan Poker, is busily preparing for its first sponsored “land based” tournament, which will be staged between May 9th and 12th in Madrid, Spain. Titan Poker is sending a delegation of 66 players to the inaugural event of the Eurocity Poker Tour (ECPT).
Qualifying Satellites for the ECPT Madrid Open have been staged since the end of February as Titan Poker players scrambled to win the $3,000 prize package granting them attendance at one of poker’s most elite tournaments. The ECPT Madrid Open will take place at the prestigious Casino Gran Madrid.
Poker players from all over Europe as well as one from Canada will be packing their bags and flying to Madrid for a sophisticated poker experience. Not all participating players are seasoned poker professionals, yet through this opportunity all those attending are being afforded the opportunity to pursue their love of poker.
“Thanks to Titan Poker I have been able to cultivate my passion. I particularly enjoy playing at Titan Poker, one of the safest, most serious and reliable poker rooms,” commented Massimiliano Assini, an Italian qualifying player.
In addition to the ECPT Madrid Open, Titan Poker is presently offering a wide array of opportunities for its players in May. Other qualifying players will be taking off to such destinations as the Dominican Republic for the World Poker Showdown Ocean World, as well as the Asian Poker Tour in Manila in the Philippines.
Discussion Area - Leave a Comment