Winrate calculator for live tournaments
Winrate calculator for live tournaments

Do you want to decide should this or that tournament be played on the fly? Will it be profitable or just a waste of time? American tournament and cash regular who earns for a living playing online and live has made full-scale calculator for live players.

We have published an article under the title Is it hard to be a profitable tournament player?, and the conclusions were not very bright. The players who stepped on the hard path of tournament pro should be really good to consistently show profit. Especially if he travels a lot and plays in different cities and countries.

But at the same time if the player is able to visit local poker room/casino or spend minimum of money for travel and living expense – the picture looks much more promising.

Mister dgiharris from 2+2 forums has got a great winrate calculator for live tournaments. Winrate, not ROI.

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Fundamental problems of offline backing
Fundamental problems of offline backing

WSOP 2015 bracelet winner Andrew Barber who took over prestigious $10,000 H.O.R.S.E. with his article about selling and buying action in live poker speaks about the failure of this marker as a whole and about the destructive nature of it to the poker economy.

Andrew Barber, graduate of the faculty of Economics, Omaha-8 specialist (who made his way up from $2/$4 to $75/$150) wanted to play at the World Series 2015 as actively as possible and was preparing for it maximal level of intensity.

It turned out his efforts weren’t vain. He played at six final tables and won a bracelet. Barber won $10,000 H.O.R.S.E. and got over half a million dollars.

American pro published an article, where he criticizes the current state of backing industry. We read the text and highlighted the main points.

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The Story of the Most Unlucky Poker Player
The Story of the Most Unlucky Poker Player

You’re taking quite a big risk when you earn your living playing in just one poker club (as the needed stakes are only there). What if the club gets closed or you get in the blacklist? That is not the worst part even. Sometimes stories like this happen.

In a desperate attempt to thind at least some help from the side, American Chauncey Monk told his story at 2+2 forums, where he was met not quite Commence welcome. We’ll talk later about the response, let’s get to the story itself.

We’ve selected basic moments omitting some minor details.

“Hello my name is Chauncey Monk, I am a professional poker player who lives in south Florida. I was robbed at gunpoint then banned for being robbed”

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What to expect from WSOP this year
What to expect from WSOP this year

World Series 2016 starts in the very end of May. The biggest poker event of the year traditionally attracts thousands of players from the entire planet including the most experienced regulars. Get to know what organizers prepared this year. 

So WSOP 2016 begins May, 31, and the address is still Rio All-Suite Hotel & Casino in Las Vegas. Satellites, bracelet tournaments (total number of 69) and cash games will be played 50 days is a row.

One of the main tournaments begins right from the start. The first open event is $565 Colossus II, which had 22,374 registrations last year. Now it’s even bigger with increased prize fund of $7 million in comparison with $5 million last year and guaranteed $1,000,000 to the winner.

We’re expecting a new record on number of players in a live tournament this year.

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Mommy, I’m in the hand, call me back, kiss you…
Mommy, I’m in the hand, call me back, kiss you…

Usually it is prohibited to use mobile devices during the hands of tournaments. However couple of days ago room manager and tournament director of Aria told about changes of rules of the famous casino.  Now people can call right in the middle of the hand without any punishment.

 “Players are disallowed to speak on the phone while at the table. Regardless of whether the player is in the hand or not. The call can be made only out of the table”.

This is an excerpt of the European Poker Tour tournament rules. It is said that players can use phones, tablets and laptops but not during the hand.

WSOP is pretty much the same:

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Is it hard to be a profitable tournament player?
Is it hard to be a profitable tournament player?

“My goal is to break even until I win a big tournament,” – these are words of American live tournament pro who has some good results. And this phrase shows strategy for the most players. And many fail to do that. Most of the players who hit the road to take part in different series lose money. That is the fact. And that’s it.

There is a good article, a little bit outdated and imprecise in some points. It author claims (basing on online MTT player data) that $60,000 per year with 25% ROI is a good result for a tournament player. The ROI part is Chris Moorman’s and based on 40,000 MTTs.

Most players are as far from Chris Moorman as YotaPhone is far from Apple production, but let’s let it slide.

Therefore, player needs to make $240,000 a year to get $60,000 as profit. This is $1,000 a day if you work 5 days a week… what is, as one could guess, is far from reality for most of the tournament players. Especially in Russian-speaking countries. However, we expect profits much lower.

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The Dumb and the Dumber or Fish Stories, Part 2
The Dumb and the Dumber or Fish Stories, Part 2

Live poker is a catalyst for incredibly absurd and comic situations. That’s the charm of it. Human factor has the biggest influence at the table. That’s why online would never replace going to the poker club.

The main part in those stories is to be respectful to their heroes. Remember, you’ve done some stupid stuff at the poker table as well back in the days. You’ve also got combinations wrong and argued with people being completely wrong. We’ve all been there.

Poker is mainly made for pleasure. As Zhirinovskiy (Russian politician) once said: “Be simpler, that attracts people”.

Or was it Zhirinovskiy? Does it matter? Moving on.

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Kazakhstan and Azerbaijan highlighted at EPT Grand Final
Kazakhstan and Azerbaijan highlighted at EPT Grand Final

EPT Monte Carlo €50,000 Super High Roller winner is Fabian Quoss. Or should we say two Germans: Quoss and Schemion who made a deal before heads-up. 3rd and 4th place owners are much more interesting. Aidyn Auyezkanov of Kazakhstan and Murad Akhundov of Azerbaijan took these places respectively.

The final stage of 12th season of European Poker Tour took place in Monaco. Both super highroller tournaments with €50k and €100k are finished, Main Event is under way. The most expensive events have a nice list of final table participants. New faces aren’t rare here,

Ali Reza Fatehi (€828,500) took the 3rd place in €100k Super High Roller, and that was his first career EPT stage.

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The Dumb and the Dumber or Fish Stories
The Dumb and the Dumber or Fish Stories

Live poker is a catalyst for incredibly absurd and comic situations. That’s the charm of it. Human factor has the biggest influence at the table. That’s why online would never replace going to the poker club.

Playing for decades, regulars save tens of stories: of incredible stupidity, amazing bravery, wit and professionalism. Any story collection has funny stories part about the beginners. Usually, these are kind stories which occur at the poker tables all around the world, never mind the city or a country.

That is who this post is about.

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Weirdness at the poker table
Weirdness at the poker table

There is nothing simpler than basic rules of poker. Should some difficult situation occur, online poker soft deals with it within few seconds with the help of certain algorithm. However it all could quickly get out of control when there are live people at the table and the decisions are made by human floor personnel. Weird poker facts arrive all the time.

Let’s start with what’s simple. We’ll give you an info about where strange poker facts start to occur.

It is a tournament, two tables left. Two of the players at one of the tables get eliminated. One of the rest need to be seated at the other table. Who is it going to be? It is the player closest to the button. So if the player who was at the cutoff is eliminated, the player from this position at the other table will be seated there.

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Should WSOP share its profit with the players?
Should WSOP share its profit with the players?

It sounds insane for Russia, but in America sports events organizers share profits with the players and spend 40 to 60 percent of total income to this matter. There is another system in poker, which came out of date and needs to be changed, as many think.

There is an interesting announcement on popular petition site change.org with the proposition to share wsop earnings: Increase the prize pools at the World Series of Poker; eliminate rake on the Main Event”.

“Please eliminate the rake on player buy-ins into the World Series of Poker (WSOP) Main Event poker tournament; and start a revenue-sharing program to supplement the prize pools for the top WSOP poker tournaments.”

WSOP earns big money on TV contracts, sponsorships, licensing and so on. They are called major source of financing. World Series of Poker profit is immense.

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Playing long: records and effects
Playing long: records and effects

Long lingering playing sessions are usual to online and live players. Top high rollers are able to maintain high level of game for 20+ hours. Famous private high stakes cash in Macao often has long sessions also. But what are possible effects?

Live players like to tell stories about them playing day after day without coffee or lunch breaks. These are quotes from 2+2 forums about playing long poker sessions:

  • “Been playing for 52 in Venetian… drank a lot. As soon as I arrived and checked in, went straight to the casino. Had a 16-hour sleep and flew home. I was 3-4 buy-ins up but finished losing a little bit. Never going to repeat that.”
  • “Year 1998. Lucky Chances Casino, 92 hours. No alcohol, just black coffee. I had some clean clothes, deodorant and a toothpaste in my van. Did everything to not fill the place with my scent. I couldn’t drive home (40 minute drive) so I had to stop – I just blacked out for 8-10 ours. Later it was all OK. I wouldn’t recommend it to anyone. Sessions for 9 hours are too long for me now”.
  • “I had my longest session at 20 hours. It was the last day of rakeback promo, couldn’t miss it. The most interesting part I played without a profit. But hasn’t lost: not a single dollar.”
  • “15 hours in Caesar’s, Vegas. Wanted to leave earlier but caught a great upstreal. Was up $1,500 at stakes $1/2».
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"Limit Hold'em King" Feruell is incriminated in brazen buttoning

Should one eliminate respect from poker – there will be only market relations. Soulless chips trade, pure competition with no conscience involved. Limit Hold’em is pretty close to that. It is quite regular to use sitting scripts at top stakes for a long time. There are also various forms of angle shooting in practice. Russian top regular Feruell is accused of heavy buttoning and he admits it.

“King of Limit” Feruell, one of the most famous Russian regulars, was banned at PokerStars in July 2013 for buttoning (avoiding posting blinds).

Stars sent Feruell a warning – should he continue breaking the rules, he will imminently receive permanent ban. And so it happened. Elite regular with still secret name (what gives him some sort of being fantastic) can’t play in the biggest poker room on the planet:

“Well, I have my PokerStars account closed. Forever… I had a warning before that for some bullshit, I wrote about this on 2+2 with the text from PokerStars support. Now I have permanent ban.”

Despite all the irreversibility and strictness of punishment, Feruell got his right to play at PokerStars back. Looks like he found “the right words” in conversation with the security department.

And now we have this thread in the end of March 2016 where the mysterious player gets old accusations in the other room.

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GPL Final Will Take Place on Wembley Stadium
GPL Final Will Take Place on Wembley Stadium

The first season of Global Poker League, the most ambitious league imaginable starts this week. This series has principles of sporting events, cyber sport and UFC fights united. Series final will take place in London in November.

Update: the first matches ended with some serious performances from New York Rounders and Hong Kong Stars. Both teams are at the top of GPL Americas Standings and GPL Eurasia Standings respectively. The Twitch channel has all the goods.

The first season of GPL will take place from April, 5 to November, 23. There will be many matches and they will happen every day, all the coverage will be available on GPL.TV and Twitch.

As some other sports seasons, GPL has several stages:

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Cambodia is about to become “New Macao”, Vietnam is up next
Cambodia is about to become “New Macao”, Vietnam is up next

Malaysian company is going to build a new casino complex in Sihanoukville at the south of Cambodia. Resort city has about 15 gambling facilities functioning and the Chinese are having a nice close look to it.

Asia can’t stop surprising us. While Atlantic City gets bankrupt, gambling corporations in Cambodia and Vietnam have huge plans. On the March, 1st Malaysian company SV International got approved from Cambodian authorities to invest money into new huge project in Sihanoukville: sun and seashore, casinos, hotels – all together as usual.

There is even motivation video on this topic:

The issue with gambling license is still up in the air. Salient Ventures company, which belongs to SV International, have already announced they bought the license, the finance minister of the country says otherwise.

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