Posts Tagged ‘Online Poker’

2010 World Series of Poker- A Glance at the final table

A poker pro, a rising poker star, a wannabe poker stud…..Hey wait!! don’t get me wrong. I am none of these, but definitely one of those who do not wish to miss even a glimpse of the big ‘WORLD POKER SERIES’ each year.

November Nine and the nine players battle for the 2010 WSOP bracelet

7,319 wannabe Poker champs, indeed were seen starting the tournament this year. Left behind are only nine lucky and brilliant masterminds. The total prize pool was one of the largest in history at nearly $68.8 million. This money started being handed out at 747th place. As of right now, the current chip counts the remaining 9 players among which, 6 players are American, 2 Canadians, and 1 Italian.

The nine players with their current chip counts are;

1. Jonathan Duhamel – 65,975,000
2. John Dolan – 46,250,000
3. Joseph Cheong – 23,525,000
4. John Racener – 19,050,000
5. Matthew Jarvis – 16,700,000
6. Filippo Candio – 16,400,000
7. Michael Mizrachi – 14,450,000
8. Soi Nguyen – 9,650,000
9. Jason Senti – 7,625,000

Clearly, from the current numbers, Jonathan Duhamel of Boucherville, Quebec is the current chip leader. He won two huge pots on Day 8 of the WSOP Event and knocked out two players. This left him with nearly a 20 million chip lead over the next closest player, John Dolan.

Another player who has continued to be one of the biggest story lines this year is, Michael “The Grinder” Mizrachi. He is the only player left now, who has won a bracelet as he won the $50,000 Player’s Championship, giving him an overwhelming edge in live tournament experience over the rest.

With all this and more happening in the world of Poker, WSOP has become one of the the most awaited events by now. The only thing that I am concerned about is, that me and all the poker lovers will have to wait until November to see a champion crowned…HUH!! But, as its likely said, “Wait & Watch”. So, just pack your curosity and get this November booked for the thrill of ‘2010 WSOP’ main event.

A Break-Up Between Online Casinos and Online Poker? Part I

The online gambling industry is co-formed by online poker and online casino. When the Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in 2006 both parts of the indutry were opposing the ban un unison. Representatives from both, online poker sites and casino operators, spoke out in one voice. This was because the issue at stake concerned both of them, the right to gamble online from the comfort of your home.

The Interactive Gaming Council (IGC) and the Poker Players Alliance (PPA) filed cases against the UIGEA arguing that everyone should be free to gamble from the privacy of their homes and expected to overturn the UIGEA. However, it did not take long for the industry to realize that this issue had more depth to it and that it was not an open and shut case in their favor. As its next move, the online gambling industry started offering a deal with regulation and taxation of both online poker and online casino.

It was only when the online poker sites realized that they had a different card to play in this argument that the online gambling industry faced a rupture. Online poker sites began pushing an argument forward that did not apply to online casino sites. The PPA began to make big stress in the skill factor of poker. Poker is being promoted as a game of skill, the PPA does not argue that there is no element of luck, but they claim that skill plays a greater part in poker and that a good player will consistently succeed in the long run. They have also made some scientific studies that prove this and helps them in prosecutions against land based poker players.

This is an argument that online casinos cannot use because in games like roulette, slot machines and craps are completely dependent on luck. Even games like blackjack and video poker which have some skill into them are mostly based on luck. Also, the fact that players gamble against the casino and not other players which takes even more away from this argument for online casinos.

Come back to the blog tomorrow to read about how a rupture within the online gambling industry would affect online casinos with financial concerns and the UIGEA.

Online Casino and Online Poker Break Up? Part II


The issue that arises with this is the division of the online gambling industry, will it want to divide itself? The other question is what will happen to the online casino industry should the online poker faction succeed in getting poker declared legally as a game of skill and get itself extricated from the UIGEA mess before any concerted action bears fruit?

If online poker and online casino split up in the case that poker is declared a game of skill legally and gets extricated from the UIGEA, then the money power required to fight the administration would be unavailable to the online casino world. This is because the revenue from online poker is a lot greater than the revenue from online casinos as they have a larger share of the market too.

The silver lining is that it would be costly and inefficient for the authorities to pursue UIGEA against only online casino and if they lose online poker then they may drop the whole thing altogether. At the moment this situation is only hypothetical because neither the law nor the government is likely to accept that poker is a game of skill in the near future.

Source: Casino Advisor

blog: thevirtualcasino.com