Evolving considerably over time the perception of poker staking was previously being associated with people who either needed money or were generally unsuccessful. In order to unearth the challenges being faced by the online poker industry, Jim Leitner from ProPokerExchange and Chris Grove from PartTimePoker. On Leitners site prospective backers are allowed to buy a piece of four of the worlds most distinguished tournament poker pros, including the former champion of world series of Poker pro Tom McEvoy,who owns Four WSOP bracelets. Leitner told Poker News Daily, “None of them need money, but staking is a big part of the tradition of poker and has value to them as well. It reduces variance and can put them in more tournaments than they were planning to play”.  Review Pro Online Poker players bios.

Backing allows players not to risk their money when they enter a tournament instead Buyers wishing to purchase a piece of McEvoy’s, will receive their share of 70% of the pro’s earnings in the tournament. Many players tend to become less disinclined when being staked. Staking acts as an abridgement in the pressure and the players are more enthusiastic about playing. Over time, staking has developed in both reputation and stature. Grove stated that Backing is becoming far more frequent among top poker players, reducing any unenthusiastic typecast once connected with it. Having a number of well-known, winning online poker players use our site frequently, their attendance indicating other members of the success and profit gain from backing.

The World Poker Tour will be hosting the L.A. Poker Classic in February at the Commerce Casino. The minimum buy-in is $25 for investors. The lucidity of the poker industry has helped the staking industry evolve in authenticity. Using Sharkscope to displays the results of online poker players for the entire world to see, it has allowed backers to make inquiries about the past performances .Sponsored player can be viewed by their respective investors competing with their opponents on the virtual felts
In the case of Part Time Poker, an asterisk is placed next to the names of individuals who have a staking ban. Poker players who have opted out of Sharkscope or Online Poker Rankings (OPR) are not qualified to be staked. Database programs such as PokerTracker and Hold’em Manager also record a player’s predisposition on online poker tournaments.

Posted by Diana Sterling in Poker Articles, Poker News | No Comments » December 19th, 2008

On Friday, December 19th The Golden Nugget in Las Vegas will act as a podium for the launch of the highly popularized televised poker cash game High Stake Poker. The show that boasts a $200,000 minimum buy-in will be filmed for three days commemorating the start of its fifth season. Among the attendants are names that will make you think twice before putting your money at stake. Peter Eastgate, 2008 World Series of Poker main Event Champion and eleven time bracelet winner Phil Hullmuth. The show’s price tag makes it the “largest buy-in for an entire run of a television series” states GSN, which airs High Stake Poker.

As the very first fraction of High Stake Poker was also filmed at to storied Las Vegas casino, the show is returning to its pedigree. Before this return the show had mover around to other milieus including the South Point Casino and The Palms. The Hosts that keep us entertained are”Welcome back kotter’s” star Gabe Kaplan as well as A.J. Benza.

Doyle Brunson, the idol of the industry, will be a part of High stake Poker Season five. Brunson owns 10 WSOP bracelets and pinned his most recent piece in 2005 in a $5000 No limit Hold’em shorthanded event and on top of that he was a WSOP Main even Champion for two consecutive years, 1976 and 1977. Play online poker against Doyle Brunson at Doyle’s Room.

Hellmuth being one of the key faces behind Ultimate Bet poker room will make a comeback to High Stake Poker for the new season. Also known as “the Poker brat” Hellmuth won his eleventh WSOP bracelet in a $ 1500 No Limit Hold’em Tournament in the year 2007, pocketing a whopping and unbelievable $ 637,000 in the process. Joining Hellmuth this season will be two other world-famous “Phils” namely, Phil Ivey, a proud owner of five WSOP champion and Phil Laak. Antonio Esfandiari, Laak’s Partner in crime, will also be heading out to Golden Nugget next Friday.

Get ready for a tug-of-war this season as Eastgate; the youngest WSOP Main Event Champion ever at only 22years of age seized a groundbreaking $9.1 million. The Danish Eastgate trampled over Hellmuths standing record by two years. As the saying goes keep your friends close and your enemies even closer, Eastgates Heads-up opponent in the 2008 WSOP Main Event Ian Demidov will also participate.

For the very first time Tom Dwan also known as “durrrr” in the online poker world will be joining Eastgate and Demidov in Las Vegas for this showdown. Successfully transitioning into the live world Dwan has competed on NBC’s “National Heads up Poker Championship” and “Poker after Dark”.

The Co- Creator of the popular animated television series “The Simpson’s” Sam Simon, who finished 329th in the 2007 WSOP Main event, along with Nick Cassavetes will also be heading out to the Golden Nugget. Daniel Negreanu, A crowd favorite, will also be seen at the Golden Nugget with his team Poker Stars Pro Member Barry Greenstein .

�
The set at Golden Nugget will be closed to the general public. Only a few selected media correspondents are permitted to attend this event. The show will air on cable network GSN and the stations crew will film the event between 12:30 pm and 9:30 pm Next weekend. Poker programming on GSN presently airs on Sunday Nights.

Posted by Diana Sterling in Poker Articles, Poker News | No Comments » December 11th, 2008

The World Series of Poker Europe 2008 came to a fitting climax this week with John Juanda emerging as the champion in the GBP 10 000 buy-in NLHE Main Event.

It was a tough contest with an initial entry field of 362 players, many of them top names in the international game, generating a prize pool worth GBP 3.62 million, and a star-studded final table that ground on for an exhausting 22 hours and 484 hands.

In the end, a methodical and skilled John Juanda met Stanislav Alekhin in the heads up and triumphed after 242 hands and nearly eight hours of play, winning his fourth WSOP bracelet and a bank-booster main prize of GBP 868 800. Alekhin took home a well deserved GBP 533 950 second place purse.

“It’s been so long ago since I won my last bracelet, I can’t remember. It’s embarrassing,” said a modest Juanda, referring to his last bracelet win in Las Vegas in 2003.  Exhibiting good sportsmanship, he said reading his youthful opponent in the heads up had been almost impossible, and he also paid tribute to the skill of third finisher, Ivan Demidov.

“Today there are so many young excellent tournament players from all over the world. Like the two young Russians and the Scandis. Much more than it used to be, ” Juanda said.

His reference to Demidov was an appropriate salute to the remarkable young Russian player, who was one of the outstanding players at the final table and made it to a third place finish and a pay check of GBP 334 850.

Last year Demidov used the WSOP Europe to get up to speed for the WSOP Vegas event, and made the final table. In Vegas he went on to finish one position back from the chip leader among the WSOP final nine who are yet to play for poker’s biggest prizes on November 9th.

Demidov is the first player to final-table both Main Events in Europe and the US with his third-place finish in London.

To say the overall main event field in this year’s London spectacular was impressive is an understatement. Starting fields included names like 2007 WSOPE Main Event Champion Annette Obrestad, 10-time WSOP bracelet winner Doyle Brunson, 2008 WSOP HORSE winner Scotty Nguyen and 2008 WSOPE PLO Champion Theo Jorgensen.

Then there was Phil Laak, Chris Ferguson, David Ulliott, Antonio Esfandiari, Yevgeniy Timoshenko, Marco Traniello, Nenad Medic, Jennifer Tilly, Gus Hansen, David “Chino” Rheem, Roland de Wolfe, Juha Helppi, Allen Cunningham and Daniel Negreanu.

The nine final-table competitors were a mix of grizzled WSOP veterans and new kids on the block with Daniel Negreanu, Scott Fischman and John Juanda combined holding nine prior WSOP bracelets, and newcomers Chris Elliott, Toni Hiltunen and Stanislav Alekhin making their first WSOP final tables.

All but one of the nine final tablers picked up six figure pound sterling checks, with the big money list after Juanda, Alekhin and Demidov featuring fourth placed Bengt Sonnert on GBP 271 500; Daniel Negreanu in fifth place for GBP 217 200; sixth placed Scott Fischman on GBP 171 950; Robin Keston in 7th place with GBP 135 750 followed by Toni Hiltunen in the number 8 spot for a worthwhile GBP 108 600 and 9th placed Chris Elliott who took home GBP 81 450.

Other events in this year’s WSOP Europe, and the winners were:

GBP 1 500 buy-in No Limit Hold’em taken by Jesper Hougaard, who collected GBP 144 218 for his first placing.

GBP 2 500 buy-in H.O.R.S.E., won by Sherkhan Farnood for GBP 76 999.

GBP 5 000 buy-in Pot Limit Omaha, where the victor was Theo Jorgensen who’s winning check was GBP 218 626.

source:online-casinos.com

Posted by Diana Sterling in Poker News | No Comments » October 5th, 2008

The “big names” that sat down at the final table of the World Series of Poker Europe’s Main Event when play began on Thursday in London were Daniel Negreanu and John Juanda.

The “big story,” however, was Ivan Demidov, who carved out a piece of poker history for himself by becoming the first player to make the final table at the Main Event of both the World Series of Poker and the World Series of Poker Europe.

But the 27-year-old Russian pro fell short in his bid of trying to win both events. That’s because after a grueling 22-hour final table, veteran John Juanda was the last man standing and was crowned the WSOPE Main Event champ.

Juanda, who was the chip leader coming into the final table when it started play on Thursday afternoon, is the first American player to win a WSOPE event after taking out Stanislav Alekhin following a seven-hour heads-up match.

Demidov ended up finishing in third place, but will now head to Las Vegas in five weeks with a ton of momentum as the WSOP returns from its 117-day hiatus to crown the 2008 champion.

At 23 years old, Alekhin was the youngest player at the final table, which was a good omen for him heading into Thursday since Annette Obrestad was the youngest player at last year’s inaugural WSOPE Main Event final table and she went on to win. The appearance of both Alekhin and Demidov marked the first time in WSOP history that two Russian players made the same final table.

The casual fan knows all about Negreanu and Juanda. Heading into this event, the two veterans had seven WSOP bracelets between them. But Juanda, who last won a bracelet in 2003, has now caught “Kid Poker” by winning his fourth bracelet while adding to his more than $7 million in career lifetime earnings.

Negreanu, meanwhile, is one of the most recognizable stars in the game today. With four bracelets – including one that he won this past summer in a $2,000 Limit Hold’em event – he had more than any other final tableist in London, but his quest for No. 5 fell short early Friday morning in London when he finished fifth.

Sonnert, who finished fourth, is a 27-year-old professional from Sweden who was making his first appearance at a WSOP final table. He came into the day as the short stack but played well enough to make it to the late-evening, early-morning portion of the event.

The four other players eliminated from the final table Thursday night included Robin Keston, Chris Elliot, Toni Hiltunen and Scott Fischman.

Keston cashed in at a WSOP event for the ninth time in his career while Elliot, who was in 176th place when there were 179 players remaining in the tournament, is an online player who was making his first appearance in a live tournament.

Hiltunen is a 31-year-old poker pro from Finland who fell short in trying to become the first Finnish WSOP gold bracelet winner in history. Fischman is a two-time WSOP gold bracelet winner from Las Vegas. He won both of his bracelets at the 2004 WSOP and is the author of the poker book, “Online Ace: A World Series of Poker Champion’s Guide to Mastering Internet Poker.”

source:online.casinocity.com

Posted by Diana Sterling in Poker News | No Comments » October 4th, 2008