Posts Tagged ‘2009 WSOP Main Event’

Joe Cada’s Split with PokerStars foreshadows Grim Future

Thursday, September 25th, 2014

The death of the sponsored poker pro is something that’s been discussed frequently over the past few years. But Joe Cada’s recent split with PokerStars has hammered the point home that sites are increasingly moving away from sponsored pros.

In Cada’s case, all he wanted was 100% rakeback from PokerStars to continue representing them. And this seems like a reasonable request from a former Main Event champion. Amazingly, Stars saw this as too high a price, as you can see from Cada’s tweets:

If everyone is wondering what happened with Poker Stars and myself it’s pretty simple. I asked for 100percent rake back, they said no.

I asked for zero money. I just wanted the rake back that I used to get.

Cada added that he’s never heard of a company asking somebody they sponsor to pay for their product. Seeing as how Stars wouldn’t keep the 2009 Main Event winner on their roster, it seems highly likely that they’ll continue dumping more pros over the coming years.

This trend already began weeks ago when Humberto Brenes, Jose “Nacho” Barbero and Angel Guillen didn’t get their contracts renewed. A PokerStars spokesman came out and said that these players were from countries where they don’t hold live tournaments. So Stars felt there was little reason to sponsor these players any longer.

But Cada is arguably more marketable than any of these guys because he has worldwide recognition as a Main Event champ. He is, however, from Michigan, yet another spot where PokerStars had no live presence.

The world’s largest poker site will always have some players representing their brand like Daniel Negreanu, Bertrand Grospellier and Liv Boeree. But it’s becoming obvious that they aren’t interested in having dozens of signed pros from every corner of the world.

Leo Margets signs with PokerStars

Wednesday, March 6th, 2013

The world’s largest poker site has announced the addition of Leonor “Leo” Margets to Team PokerStars. Margets had previously been under contract with 888poker, but signed with Stars once that deal had expired.

The 29-year-old is best known for finishing 27th in the 2009 WSOP Main Event, which earned her $352,832. What’s more is that, by finishing 27th, Margets also attained the coveted title of “Last Woman Standing” in the 2009 Main Event. The Barcelona native’s name is etched in history with the likes of Barbara Enright, Maria Ho and Tiffany Michele, who also managed to be the Last Woman Standing at the WSOP Main Event.

Margets is definitely more than just a one-hit wonder because she’s also cashed in a number of other big poker tournaments. Besides the 2009 Main Event cash, Marget’s other very impressive performance came when she won the Full Tilt Masters Series in Spain. The Spaniard grabbed a €100,000 ($132,23) payout and captured her first major tournament title.

One more strong tourney finish that Margets had was in a 2010 Aussie Millions $2k No-Limit Hold’em event; she finished third place and earned $54,270. Thanks to this quality cash and others, Margets has managed to rack up $770,274 in live tournaments winnings, which ranks her 30th all-time among women.

What’s truly impressive about everything Margets has done is that she only started playing live poker in 2008. So in less than five years, she’s already managed to accumulate $770k in earnings and attract the attention of the world’s biggest poker room.

Margets will join several other Spaniards on Team PokerStars, including Ana Marquez, Poli Rincon, Juan Manuel Pastor and tennis champion Rafael Nadal. As for the latter, Nadal has not only helped PokerStars immensely, but also the online poker industry as a whole.

Joe Cada back in Online Poker, but has Bar shut down

Friday, February 8th, 2013

The past couple of weeks have brought a whirlwind of emotions for 2009 WSOP Main Event champ Joe Cada. First, he finally got a residence set up in Canada so that he could play at the world’s largest online poker sites, such as his sponsor PokerStars.

But on a down note, he learned that his bar – Cada’s Sports Bar and Grill – is being shut down due to a liquor license investigation. That said, let’s take a look at both of these recent high and low points for the 25-year-old.

Back in the Game

In just a couple of months, we’ll be nearing the 2-year anniversary of Black Friday. And it wasn’t until now that Cada finally put himself into a position to play at the bigger poker sites. He set up a residence in Canada, which is just 45 minutes from his primary suburban Detroit home. He wrote about this on Facebook with the following:

Don’t know why it took me this long to start back online poker. Feels good to be motivated again and first day went really well online. I actually feel lucky to live in Michigan to be able to make the drive once or twice a week to play and be able to be home with family and friends. Now I need to find a way to play more live tournaments because I hate traveling most of the time for poker.

Closed for Business

In 2011, Joe Cada and his dad, Jerry, opened the “Cada’s Sports Bar and Grill” in their hometown of Sterling Heights, Michigan. And this establishment drew quite a crowd because the father/son combo had a charity gambling license, meaning people could play real money casino games in the bar.

Unfortunately, trouble started for Cada’s Sports Bar when their liquor license application was delayed in 2012. The stated reason was that it needed to be “held for further commission considerations.” But there’s reason to believe the bar may have been selling liquor even when the application was still under review. This being said, Cada’s Sports Bar and Grill has been closed down pending a further police investigation.

Don’t feel too sorry for Cada though. He earned $8,546,435 after becoming the youngest Main Event champion ever and has collected $9,330,211 in overall winnings. So it’s unlikely that he’s in any trouble as far as money goes.

Allyn Shulman wins WSOP Event #29 – Breaks Women’s Losing Streak

Tuesday, June 19th, 2012

Many people who’ve been following the 2012 WSOP are well aware that it’s been a while since a woman has won an open entry event. In fact, we haven’t seen a female open WSOP champion since Vanessa Selbst did it in 2008. However, Allyn Jaffrey Shulman finally ended the drought by winning the Event #29 Seniors Championship along with $603,713.

Before Shulman’s victory, it had been a lengthy 249 consecutive open WSOP tournaments without a female champion. Fortunately, we can now lay this talk to rest since the CardPlayer writer and lawyer won one for the ladies.

Following her victory, Shulman talked about the importance of women grabbing bracelet wins by saying, “I do think it’s important and I don’t think women have been given their due. I’m happy for myself, but I’m happy for all women that I won this, showing that any woman can win a poker tournament. I’d like to see more of them out there playing, feeling comfortable with going at it with the boys and winning.”

Aside from the fact that she became the first woman since ’08 to win an open WSOP tournament, Shulman also helped create some more history. Seeing as how her husband, Barry, and son, Jeff, also made final tables this year, they became the first family to put three members on a WSOP final table in the same year.

With Allyn’s bracelet, the Shulman family could make a claim for having poker’s best bloodline. Barry won the 2009 WSOPE Main Event, which netted him a $1,321,534 windfall. The same year, Jeff finished fifth in the 2009 WSOP Main Event and cashed for $1,953,452. As if these huge cashes aren’t enough to make the family wealthy, the Shulman’s have also made a very nice profit off of their CardPlayer Magazine business.

Phil Ivey is Back – Wins Aussie Millions $250k

Sunday, January 29th, 2012

Along with the rest of the Full Tilt Poker crew, Phil Ivey hasn’t exactly been one of the most popular figures in poker over the past eight or so months. And he probably won’t be popular again until former Full Tilt players get their money back. Even still, Ivey wasn’t letting any of this stop him from showing up to the 2012 Aussie Millions.

The man who people have been touting as the best all-around poker player in the world for years not only showed up, but he made a huge impression after winning the Aussie Millions $250k Super High Roller event along with $2 million AUD. And you’d have to argue that this is the biggest poker tournament win of his career.

Now this is saying a lot for a guy who’s won a WPT title and eight WSOP bracelets. But judging from both a financial and adversity perspective, this is the most impressive win by Ivey. As for the adversity, he’s still dealing with a lot of the pressure from the Full Tilt fallout after Black Friday. In regards to the financial side of things, his largest poker tournament cash prior to this was a 2008 LA Poker Classic title ($1.6 million); he also finished seventh place in the 2009 WSOP Main Event ($1.4 million).

Moving along, this win could be construed as somewhat legendary since the final three players involved Ivey, Gus Hansen and Patrik Antonius. The latter is who Ivey dueled heads-up to complete the huge victory. One more point worth making here is that Ivey moved into second place on the all-time poker tournament winnings list with the win ($15.9 million).

Now does all of this mean we’re supposed to hail Phil Ivey and pretend like he had absolutely no involvement at all in the Full Tilt Poker mess? Not exactly, but we can at least respect his unparalleled poker abilities. Furthermore, we should also recognize that he’s not the primary villain in the FTP scandal by any means.

Ben Lamb’s Excellent WSOP continues in Main Event

Thursday, July 14th, 2011

Ben Lamb has a lot of live poker tournament cashes, which includes a 14th place finish in the 2009 WSOP Main Event. Even still, nobody remembers who finished 14th in a Main Event – unless it’s the last woman standing of course – and Lamb was largely unheralded going into the 2011 WSOP. But this has changed in a huge way, including the fact that he now leads the 2011 Main Event after two days of play.

Now as we all know, the odds are against Lamb holding onto this top spot and winning the $8.71 million top prize. However, it’s a mute point if he fades away and doesn’t even grab a significant cash here.

After all, the Tulsa, Oklahoma native kicked things off by finishing second in a $3k Pot-Limit Omaha event, which earned him $259,918. Later on, Lamb would put himself on the map in a big way by winning the $10,000 Pot Limit Omaha Championship ($814,436).

Want some more impressive results? How about when Lamb finished 12th in the Limit Hold’em 6-handed Championship and 8th in the $50,000 Players Championship. When you tally up all of Lamb’s winnings from the 2011 WSOP, he has over $1.3 million among his four cashes. And he has an excellent chance to add even more money since he’s doing so well in terms of chips after two days.

Moving away from Lamb for a moment, it’s also worth mentioning that Patrik Antonius is also going strong after the first two days. The Finn doesn’t play a whole lot of live poker anymore, but perhaps he’s turning over a new leaf since Full Tilt Poker still isn’t running real money games at the moment. It would be nice to see a big name like him make a deep run in the tournament.