Archive for the ‘Online Poker’ Category

Did Annie Duke cheat at UB Poker?

Sunday, May 12th, 2013

The biggest poker story from last week involved audio tapes being released that finally prove who was involved in the UB “God Mode” cheating scandal (2003-2007). In the tape, Russ Hamilton, Iovation CEO Greg Pierson, and Ultimate Bet lawyers, Daniel Friedberg and Sanford “Sandy” Millar all discuss how Hamilton cheated players out of millions through the God Mode (see other players’ hole cards). They then talk about ways to minimize the damage while repaying as few players as possible.

One of the most interesting names brought up during this discussion is Annie Duke. The former WSOP champion is said to have possibly used God Mode – although not nearly to the extent that Hamilton did. In Duke’s case, she used God Mode (according to Hamilton) when it was on a 15-minute delay.

This means that she didn’t see opponents’ hands in real-time, like Hamilton, but she would’ve been able to access hole cards that might not otherwise be available through hand histories. So our question is, would Duke be considered a cheater?

Assuming Duke did indeed use God Mode, you’d have to consider her a cheater, even if it were on a 15-minute delay. Being able to see other players’ cards after a session provides a huge advantage because you’d get to see what range they played in various situations. So if we take Hamilton’s word at face-value, Annie Duke is a cheater.

But that’s the thing: do we believe what Hamilton says? Based on his reputation and actions, the likely answer from most people is “no.” Sure Duke draws the ire of the poker community for her failed run as the Epic Poker League commissioner and promises of a $1 million freeroll which never materialized. But to lump her in the same boat as Russ Hamilton based on his word alone…now that’s hard to do.

One final thing worth mentioning in this discussion is that Duke never had amazing online cash game results like Hamilton. So based on this evidence alone, it’s another piece supporting the theory that Duke isn’t really a cheater.

Johnny Lodden discusses Bleak Norwegian Poker Situation

Friday, May 10th, 2013

Johnny Lodden has earned countless millions in live and online poker cash games. Plus he’s added another $1,250,499 in live tournaments. But with the current poker situation in Norway, even Lodden is having a hard time.

According to him, the biggest problems facing Norwegian poker are the mafia, ridiculously-high taxes, and live games being illegal. He recently addressed these problems in an interview with PokerListings.

Lodden addressed both the mafia and illegal live poker by saying, “We play online and we do also get to play live poker in illegal clubs. Nowadays it is really hard with the legislation and the mafia coming in and taking over some of the clubs in Norway.”

“Now we have started up a new club which is really nice, but of course we don’t have as many players as before. When they know the mafia might be involved and they have families they don’t want to play anymore and risk anything.”

Unfortunately, it doesn’t look as if the current situation will change any time soon. Norway’s favored political party (Hoyre) isn’t in favor of poker, which means they’re unlikely to change the illegal status of live games. Based on this, Lodden doesn’t think Norwegian poker players have much to look forward to at this point.

“We have everything against us. It is annoying to pay so much tax (half of winnings), but I do not mind paying my taxes since I live in a country where everyone pay taxes, that is how it is. However, I would like a tax system where you pay less tax on your winnings and where you can tell the authorities that you did not win anything this year so you cannot pay taxes.”

While things are tough for Norway’s poker players in general, at least Lodden has a deal with PokerStars to fall back on. And he’ll be representing the world’s largest online poker site this year at the 2013 WSOP. Lodden is hoping to win his first career WSOP gold bracelet.

Former Absolute Poker COO Paul Leggett back in Online Poker

Monday, May 6th, 2013

A sizable portion of the poker community have collectively raised their eyebrows over a big hire. Former Absolute Poker COO Paul Leggett is now going to be taking the same position with Canada’s Amaya Gaming. As both Pokerfuse and eGaming reported, he’ll replace former Amaya COO Paul Bertilsson, who will stay on with the company in another role.

Leggett is an interesting, if not controversial hire because he was Absolute Poker’s head man during Black Friday. This day started Absolute’s demise and saw them eventually go offline with millions of dollars in player deposits. So it’s quite strange that Amaya Gaming would want to bring on such a murky figure.

As for his role with Amaya, he’ll oversee the company’s newest purchase, the Ongame Network. Ongame is one of the oldest networks in the poker industry, and they’ve lost some major traffic in recent years. One of their largest rooms, bwin, joined Party Poker, which fueled Ongame’s drop from the fifth most heavily-trafficked network to the 18th most popular.

Leggett’s job will be to help Ongame regain some of their lost traffic and move back up the ladder. However, it’ll be interesting to see if his new role has any effect on Ongame’s new position in the regulated Nevada internet poker market. Last year Ongame signed a deal to provide software for Bally Technologies, which obtained an online poker license from Nevada.

Perhaps just as important as the licensing aspect is what players will think of Leggett’s hiring. The Absolute Poker name doesn’t exactly carry a good reputation because of all the player deposits they never refunded. So with Leggett now heading Ongame, players who were burned by Absolute might think twice about depositing with their Nevada-based poker room.

Full Tilt Poker gets Player Segregation Right

Sunday, April 21st, 2013

One of the bigger poker stories from last week involved Full Tilt Poker rolling out their ‘New to the Game’ tables. The games are meant to help new and/or recreational players get used to real money poker without being throwing into shark-infested waters (a.k.a. player segregation).

New to the Game tables are open to any real money player, they’re offered in low stakes NL Hold’em and Omaha ring games/tournaments, and players can try these tables for 2,000 cash game hands or 75 tourneys. Additionally, New to the Game tables run at a slower pace and players can only try two tables at a time.

The key in all of this is that players can only participate in 2,000 ring game hands or 75 tournaments. And this is where Full Tilt gets the idea of player segregation right, versus other rooms like Party Poker and Lock Poker.

Both Party and Lock run similar player segregation models where they prevent winning grinders from competing against losing players. In Party’s case, they didn’t even warn players about segregation; they just hid the losing players from winners and certain people happened to notice. In either case, there is no limit on how long the players are divided up, which really punishes winners.

Full Tilt, on the other hand, puts a restriction on how long players can try the New to the Game tables. Once the 2k cash game hands or 75 tourneys are up, people are forced to “graduate” to the regular games. What’s more is that everybody has a chance to try these tables, rather than being restricted to losing players.

Segregation is still in the early stages in the online poker world. So it’ll be interesting to see if more sites take a similar approach to the matter as FTP.

Ray Bitar avoids Jail Time – A Travesty or Humanity?

Tuesday, April 16th, 2013

Disgraced Full Tilt Poker CEO Ray Bitar finally had his day in court, and he got about as light of a punishment as he could’ve hoped for. Bitar was credited with “time served” before sentencing and won’t have to do any more jail time. The reason why is because he needs a heart transplant and would likely die behind bars. The kicker is that he’ll have to forfeit $40 million worth of assets, which isn’t that much of a kicker when you consider what he did.

Not long after Bitar was indicted by the US Department of Justice on various felony charges, Full Tilt eventually lost its license along with $330 million worth of player deposits. It was later revealed that he used funds from Full Tilt player accounts to pay himself and other board members. He also misled new players into thinking that their money was kept separate from FTP’s payroll and expense accounts.

Considering that Ray Bitar earned well over $40 million during his time at FTP, it’s pretty clear that $40 million in asset forfeiture and a little time served in jail is a sweet deal. In fact, most would say that justice wasn’t served at all in this matter.

Millions of professional players who trusted Full Tilt with money had their lives rocked. Some pros were forced out of the game altogether when their bankroll essentially vanished on FTP. All the while, Bitar was lining his pockets with money, even though he knew the risks associated with running a US-friendly online poker site.

Obviously what he did was immoral and affected a lot of people’s lives. So most would rather take the risk of him dying in jail over letting him get away with a less than satisfactory punishment. On the other hand, if Bitar’s heart condition is as bad as he claims, it seems like he’s suffering enough already. Fretting about what would happen to him all these months definitely took a toll on the obese man.

So has justice been served in this matter? The truth is that there’s no clear answer, but just know that Bitar didn’t get out of this matter totally unscathed.

Famed Author Ben Mezrich ready to release Absolute Poker Book

Monday, April 15th, 2013

Ben Mezrich, who wrote the world-famous books Bringing Down the House: The Inside Story of Six MIT Students Who Took Vegas for Millions and The Accidental Billionaires: The Founding Of Facebook, A Tale of Sex, Money, Genius, and Betrayal, has announced that he’s getting close to releasing his latest work, Straight Flush.

This book, which deals heavily with Absolute Poker, is due out on May 28th and can be pre-ordered now. Mezrich has said in plenty of interviews that this story will cover how six University of Montana frat brothers created one of the biggest online poker sites in the world. Judging from the clip seen here, it looks as if the author will also go into detail on the Black Friday indictment and legal matters involving the Absolute owners too.

At this point, it’s difficult to know what else will be included in Straight Flush. However, one angle that may not be included is all of the scandals at Absolute Poker – the biggest of which involved a superuser scandal where AP management were able to see the hole cards of their players. This cost a number of players millions of dollars, and the perpetrators went largely unpunished.

Of course, when looking at Mezrich’s past works, it may make sense that he’s avoiding the cheating issue. Both Bringing Down the House and The Accidental Millionaires deal with young people who stumbled into very lucrative professions. Telling the story of frat boys who went from cash-strapped college students to multi-millionaires would definitely be in the same vein as the aforementioned works.

But this isn’t so say that Mezrich will completely avoid the scandals that plagued AP. After all, the book won’t even be released for another month and a half, so a lot could change.

Stop Sampling Every Poker Game

Sunday, April 7th, 2013

When you first start playing online poker, it can be a fun and exciting experience. You get to test your skills against other grinders and try to win profits in the process. Furthermore, there are a variety of poker games that you can try in both the cash game and tournament arenas. But does this mean you should really be trying every type of game imaginable?

The truth is that you really need to focus on one or two poker disciplines when you’re getting started with the game. Now we’re not saying that it’s easy to resist the temptation of wanting to play a variety of poker variations. However, it’s somewhat of a skill to remain disciplined and stay focused. In fact, your future profits really depend heavily on becoming good at one type of poker before moving on to the next.

Texas Hold’em is always a great place to start because you only have two hole cards, which cuts down on the amount of hands that you’re dealing with. Of course, some people think that Hold’em is a little saturated, so you might event want to try Omaha or Seven Card Stud. Whatever the case may be, you don’t want to be jumping back and forth between games when you’re trying to develop a good starting base.

In addition to sticking with one specific variation, you might also want to direct the bulk of your play towards tournaments or cash games. After all, the tourneys and ring games feature different strategy, so it’s a nice idea to become good at one or the other – rather than constantly switching back and froth between the two.

One last thing here is to avoid multi-tabling until you can beat one tournament or cash game table at a time. Some players will jump to two or more tables simply because they’re tired of waiting for others to act; however, you should spend the downtime observing other players and learning their tendencies to fuel your success.

By honing on a single type of online poker, you have a much better chance to eventually win money and move up in stakes.

Brazilian Football Legend Ronaldo signs with PokerStars

Friday, April 5th, 2013

PokerStars has signed another big-name sports legend after inking a deal with Ronaldo Nazario. The former Brazilian footballer now joins tennis star Rafael Nadal, Olympic hockey medalist Fatima Moreira and tennis player Boris Becker on Team PokerStars SportsStars.

Ronaldo retired in 2011, at the age of 34, after citing injuries and hypothyroidism. Despite the fairly early retirement, the Brazilian striker managed to score a World Cup record 15 goals. Overall, he scored 62 goals in 98 international matches for Brazil. Other accolades for Ronaldo include being a three-time FIFA Player of the Year and two-time World Cup champion.

Many people may think that Ronaldo merely signed this deal for the money, while knowing nothing about poker. However, the truth is that the 36-year-old has been playing the game for quite some time. He discussed this with the following statement:

Whenever I try to deliver my best in everything, in football and in life. Poker is another challenge that excites me: read the game and opponents and choose the best way to win. For some time I have been discovering the game of poker and PokerStars chosen because they meet a community passionate about the sport. Moreover, it has a great team of players.

Those who are interested in competing against Nazario can find him playing under his namesake PokerStars ID “Ronaldo.” He’s also expected to play in plenty of live tournaments in Brazil too – especially the Brazilian Series of Poker.

This differs quite a bit from another Team PokerStars SportsStars in Rafael Nadal; Rafa is rarely found online – let alone in live tourneys. Of course, it’s also worth mentioning that Nadal is still a top-ranked professional tennis player, which cuts down on his availability. Ronaldo, on the other hand, is retired and has a bit more free time.

Bodog Poker re-signs Jay Tan

Thursday, April 4th, 2013

After finishing seventh in the 2013 Aussie Millions Main Event and earning US$158,355, it’s pretty clear that Jay Tan is one of poker’s rising female players. That said, Bodog Poker figured that it was a no-brainer to re-sign her for another year.

Tan was quite happy about the contract extension as she said, “Becoming a sponsored player has always been a dream and to do so well in my first year was an unexpected bonus. I feel very at home with Bodog and look forward to carrying on where I left off.”

Bodog Network President Jonas Odman also looks forward to continuing his company’s relationship with Tan. “Jay has had a great year and is a natural in front of the camera as well as at the felt,” Odman said. “She is an integral part of the ongoing Bodog Poker story, which has seen us create the only network made in Asia with the emerging Asian player in mind. We are thrilled to have her back on board for another year and hope she can light up the WSOP in the same way she did the Aussie Millions.”

Like Odman alluded to, Bodog has been reaching out to the Asian community more often in recent years. And having poker players like Jay Tan on board is a critical part of this operation.

After all, Tan has especially become well known around the Macau poker scene, where she’s collected a number of tournament cashes. She took fifth place in the Macau Poker Cup Red Dragon Event, which earned her a US$40,622 score. The Hong Kong native also placed second in an APT Macau NL Hold’em tourney, which resulted in a $12,559 cash.

Tan has collected $252,707 in tournament winnings in her three-year career – with $164,676 of this amount coming within the first three months of 2013!

Popular Online Poker Currency Bitcoin watched by US Govt.

Sunday, March 24th, 2013

Bitcoin (a.k.a. bitcoins) has become a very popular currency in the online poker world. Bitcoin isn’t backed by a central bank or country, and it can be sent across the internet anonymously through “wallets.” This allows poker players to easily make deposits and withdrawals from poker rooms without worrying about huge delays and hassles.

Unfortunately, it looks like the ease of use aspect could be gone because the US government has been focusing on bitcoins. Furthermore, the American government has applied money laundering laws to virtual currency in a move designed to target Bitcoin.

The Wall Street Journal discussed the money laundering laws by writing, “online cash will now be regulated in a similar manner as traditional money-order providers such as Western Union. They would have new bookkeeping requirements and mandatory reporting for transactions of more than $10,000.”

At first, this may seem like another selfish move by the US government to hurt the online poker industry since they’re not drawing tax revenue from it. However, applying money laundering laws to Bitcoin and other virtual currencies is more about eliminating drug-based crimes. The WSJ discussed both the legal and illegal side of bitcoins with the following:

Bitcoins can be used in a host of legitimate transactions—for example, website Reddit allows users to upgrade services using bitcoins and blog service WordPress.com’s store accepts them as a form of payment. Pizzaforcoins.com also lets bitcoin savers pay for deliveries through Domino’s and other pizzerias.

On the other hand, at least one online service takes bitcoins as payment for illegal drugs, according to a Federal Bureau of Investigation report last year. Bitcoin’s backers point out that criminals will use any currency for money laundering or illegal purchases.

After the new stipulations placed on virtual currencies, the value of bitcoins has already fallen from $60 a unit to $49. Of course, this doesn’t mean that the currency will suddenly become obsolete. However, its use among US online poker players may drop significantly. Seeing as how many US-friendly poker sites are relegated to paper checks, which can take weeks to process/send, this definitely isn’t good for the game.