Some new juicy poker gossip has just come on the wire from the 2+2 Poker forums regarding the financial situation of famous poker player Daniel Negreanu. The post authored by username AllVegasGuy on the forums, gives a detailed breakdown of how Negreanu has managed to essentially squander his poker winnings in a variety of ill-led business ventures and a poor run at gambling in the last year. AllVegasGuy claims to have insider knowledge of Negreanu’s finances and actions, as well as familiarity with members of his team. Although it appears that the thread was written in an attempt to take a shot at Daniel (AllVegasGuy hates him for thinking he is the god of poker), the post and consequent responses shed some interesting light on Negeranu and the health of his bankroll. Read the rest of this entry »

Tilt is one of those funny things derived from human nature that adds a bitter sweet twist to the game of poker. Most of us have experienced its effects and know how determental it can be to a sound poker game, so why do we do it? I want to put out there that “tilt” in large part is just another skill in the game of poker that each of us must work towards mastering similar to pot odds or basic starting hands. From a purely mathematical standpoint, tilt should never be a factor in a poker game. You know the odds, percentages and chances, so a so-called “bad beat” should be dismissed as an unlikely occurence that is not supposed to happen very often. If only it were that simple…. Read the rest of this entry »

This is pretty funny lol and very accurate, enjoy:

I came across a thread today over at the 2+2 forums where members where speculating on the account balances of some of the frequent players at the rooms. I think this is an interesting topic, as alot of us have seen there have been times when these pros have bought in for several hundred thousand dollars if not more, so you’ve got to wonder how much coin they really do keep in their online poker accounts. After some argument back and forth, the general consensus based on play and speculation yielded the following numbers as estimates for the pros online bankrolls: Read the rest of this entry »

Carlos Mortensen managed to beat out his final table opponents and win the 2007 WPT Championship at approximately 3:00 a.m. EST on Saturday morning. The win makes Mortensen the first player to win $5 Million + in tournaments at the Bellagio and his track record is extremely impressive with two WPT wins and a WSOP bracelet. Even more impressive is how Carlos battled at one point from 1,000,000 in chips and a short stack, to the leader and eventual winner of the tournament. Read the rest of this entry »

After a long day of play we are finally down to our last 6 remaining contenders in the 2007 WPT Championship at the Bellagio poker room in Las Vegas. WPT representatives released the official final table names and chip counts at around 3:00 a.m. this morning after the last player (Thomas Wahlroos) was eliminated in the dreaded 7th place, putting him one spot out of the money. Final table action begins today at 5:00 p.m. PST with the top 6 all fighting for the coveted title and the estimated $3.97 Million first place prize. This is also a very important tournament in terms of respect and ability, as it is considered to be one of the toughest field of players if not the toughest in the entire season. Read the rest of this entry »

The traditionally poker room set up of various offshore companies rarely identified by name is no more, Yahoo Poker is here. Yahoo announced Thursday that they will be offering online poker for real money to UK players in an attempt to broaden their horizons in internet ventures. Read the rest of this entry »

Ultimate Bet has launched a game called Roshambo on their software which essentially is a me vs. you rock, paper, scissors type game. Off the top of my head, what are they thinking? I am not sure if they are doing this as a joke, but it appears they aren’t. Basically how it works and two players sit down at a table and play a best of three match based on the money they put in the pot before the session begins. Whoever wins the majority of the three matches claims the pot, minus a 10% rake taken by Ultimate Bet of course, which seems a little high considering the limits are as low as 10 cents per match.

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Barney Frank, Chairman of the House Financial Services Committee announced this morning that he plans to introduce a bill this week targetted at repealing the current ban on online gambling in the United States, also know as the UIGEA (Unlawful Internet Gambling Enforcement Act). The act was passed last October when President Bush signed the legislation affectively making financial transactions related to online gambling illegal. Read the rest of this entry »

Day 3 of the 2007 WPT Championship has rapped up and we have a new chip leader, poker player Raymond Davis. Davis managed to work his stack up to 1,710,000 chips on day 3 elimiating a handful of pros including Barny Boatman, Chip Reese and Eric Kesselman. Sadly, hopeful Anna Wroblewski was elminated on day 3 in 70th place, right behind Full Tilt Poker professional Ram Vaswani. The current leaderboard is as follows: Read the rest of this entry »

With the introduction of the UIGEA (Unlawful Internet Gambling Enforcement Act) in the United States last September, the landscape of online gambling has seen some detrimental changes for both gaming operators and online American gamblers. The act, which was tactfully attached to the Safe Port Act almost guaranteed what is now a known certainty, it was passed and consequently lead to the drop out of hundreds of gaming sites from the American market. Read the rest of this entry »

Day 2 of the WPT Championship at the Bellagio has just finished this past hour with British poker sensation Roland De Wolfe battling through the ranks to gain the unoffical chip lead. De Wolfe sprung to the top of the pack on a missed flush draw by J.C Alvarado leaving Roland’s top two pair the winning hand, and the hand that would take him over the 500k mark in chips. De wolfe ended the day with 505,000 in chips and is poised to command his strong lead going into day 3. With 210 players remaining and a $3.97 Million payout for first place, the rest of the tournament will no doubt be packed with all-ins and skillful bluffs. Here are the unofficial chip counts at the end of day two: Read the rest of this entry »

After a long night of day one action the tables were on fire again with day 1B underway in the Fountain Room at the Bellagio. The second day of play featured considerably more famous names than the first, with the likes of Daniel Negreanu, Erick Lindgren, Joe Hachem, Johnny Chan and Mike Matusow all seated on day two. Read the rest of this entry »

As Lee Jones exits Pokerstars here is a little momento of his time at the room. Jones is notorious for introducing the cash-out delay rule and maybe now some of my hands will hold up now that he’s not working at the room anymore:

Here is an interesting startegy article on some of the less known forms of poker care of our friends at Pokerlistings.com. As popular as Texas Holdem is, there are really alot of good alternatives out there with just as much action and fun, enjoy the read:

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