Posts Tagged ‘Launches’

PokerStars Launches Spin & Go Max Tournaments

 PokerStars Launches Spin & Go Max Tournaments

PokerStars has launched a new Spin & Go format called…wait for it…Spin & Go Max which adds a heaping spoonful of variables to a Spin & Go game. The idea of Spin & Go Max is essentially the same as a Spin & Go, but rather than the predictability of the three player, winner-take-all format every time, each game can vary from one to the next.

What we are all used to with Spin & Go’s is three-handed play with short stacks and hyper-turbo blind levels. The prize pool is unknown until all players are seated and most of the time, it is winner-take-all. Spin & Go Max games mix all of that up.

In the new version of the game (by the way, there are still regular Spin & Go tables), the number of players is unknown until just before the game begins. Spin & Go Max games can have anywhere from three to eight players; the tables size is based on a random draw based on fixed probabilities. Four players is the most common, happening 30 percent of the time. This is followed by five players (25 percent) and three players (20 percent).

Then, like in a regular Spin & Go’s, a prize spinner shows up, but here it shows not one, but three potential prizes for the winner. Perhaps perplexingly, the winner’s prize has nothing to do with the prizes for the other players, if there are any (with five players or fewer, it can still be winner-take-all). The other prizes are pre-determined and payout depth will be shown in the tourney lobby.

At the end of the game, the three first place prizes reappear, face down, and the winner picks one. If the top possible prize was one of the ones offered, the winner automatically gets it. Additionally, with some of the higher, less probable prizes, the winner will be given a “Cash Out” option, equal to the average of the three prizes minus some amount. The winner can take that figure or take a chance on selecting a larger prize.

One more twist: Spin & Go Max tournaments have a hand limit. If this limit is hit before the tournament ends, everyone is automatically put all-in pre-flop until a winner is determined.

Buy levels for Spin & Go Max tourneys are $ 1, $ 3, $ 7 and $ 15. There is no difference in the probability of table size among the different buy-in levels, but the prize pool frequency and number of players paid fluctuates based on the buy-in and number of total players.

I think that’s it. There’s a lot to digest. Basically, we have a new Spin & Go game that can have three to eight players, three possible first prizes that the winner gets to blindly pick, and sometimes an option to take a guaranteed payout or risk it for a bigger prize. I suppose that’s more fun that regular Spin & Go’s?

Poker News Daily

MGM Launches Online Poker Site in New Jersey

 MGM Launches Online Poker Site in New Jersey

MGM Resorts International has beefed up its internet presence in New Jersey, launching a pair of online gambling sites last week: playMGMpoker.com and playMGMcasino.com. The two sites made their “soft launch” on August 1st, meaning they had limited uptime while the company and state regulators made sure everything was going fine. The sites are now running full-bore, giving players in the Garden State more options for both online poker and online casino games. MGM has partnered with GVC Holdings to use GVC’s partypoker software for the online poker room.

You might wonder why I said that MGM has beefed up its presence when the online poker sites/networks in New Jersey are PokerStars, 888/WSOP, and Party Borgata, but no MGM. That is because last year, MGM bought Boyd Gaming Corporation’s stake in the Borgata (they shared it 50/50 previously) to become the casino’s full owner. Thus, MGM is the company in control of the Party Borgata network.

Naturally, playMGMpoker.com will be a part of the Party Borgata network, along with BorgataPoker.com and nj.PartyPoker.com.

“We are thrilled to be entering the online gaming landscape in New Jersey with the expansion of our playMGM.com platform to include both casino and poker games,” said Chief Operating Officer of MGM Resorts International Corey Sanders in a press release last Wednesday. “The ability to effectively bring Las Vegas to New Jersey via an online experience is an exciting undertaking, especially as we continue to develop our presence on the East Coast with the recent acquisition of Borgata, the opening of MGM National Harbor and the pending 2018 opening of MGM Springfield in Massachusetts.”

It is actually an interesting play here by MGM. It obviously already has the Party Borgata network, so adding another online poker room seems like a curious move. There is a real chance it could backfire and just cannibalize the other two sites on the network. Even if it is player-neutral, the added expenses in running playMGMpoker.com would make it a net negative.

At the same time, though, the idea here could be to use MGM’s brand name to grab some players from PokerStars and WSOP/888 as well as possibly grow the entire market by getting people who may have been interested in playing but never did to jump into the fray with MGM.

Additionally, playMGMpoker.com and playMGMcasino.com will be cross-promoting with MGM’s other properties, particularly the multitude of casinos in Las Vegas.

To kick it off, playMGMpoker.com is running a pretty solid promo for new players, offering $ 25 free with a real money deposit and virtually no playthrough requirement (there is one, but it’s minimal). $ 10 of the free money is just cash, while $ 15 is tournament money.

There is also a 100 percent deposit match up to $ 2,000. Now, while the percent is great, it is not as great. There is a fairly sizable playthrough requirement, the bonus is released in 10 percent increments, and players only have seven days to earn it. Those last couple parts make it tricky: deposit too much and the increments could end up so large that it is hard to unlock even one or two of them within a week.

Poker News Daily

PartyPoker Gives Grinders Something to Do, Launches Newest Gladiator Promo

 PartyPoker Gives Grinders Something to Do, Launches Newest Gladiator Promo

As we have discussed numerous times on this site, online poker rooms and networks have been moving to recreational player-friendly models for a few years now. Poker pros and serious amateurs are finding their opportunities to grind for rewards more limited now than in the past, while casual players are being protected and seeing more chances to earn a little something for their play. Partypoker was one of the first to start leaning towards the “rec” players, but it has not gone away from the pros completely. Case in point: the latest Gladiator promo, which rewards players for playing as much as possible.

Gladiator – which has been recurring promo since 2010 – began April 17th and will run through May 6th. Unlike a lot of online poker promotions, this one is pretty straightforward. The more people play, the greater rewards they can earn.

It comes down to VIP points and for how many days certain points thresholds are attained. At the very lowest end of the spectrum, anyone who earns one VIP point on five separate days during the Gladiator promotion will win a ticket into a $ 250 freeroll. Bump that up to ten days and it is a $ 500 freeroll. The first three points levels – one, five, and ten points – all award freeroll tickets for the different day milestones (five, ten, fifteen, and twenty days). The lone exception there is ten points on each of twenty days. In that case, the reward is $ 8 cash.

Starting at the 20 points mark, all prizes are cash. The top prize is $ 2,500 for those who are able to earn 1,200 VIP points on each of twenty days (in other words, the entire Gladiator promo).

But who on Earth can generate that many points for three straight weeks? Professional grinders, that’s who. There is certainly something for casual players here (not much, though), but who this will really help are the players who put in the time and play for more than just micro stakes.

At PartyPoker, players earn two VIP points for every $ 1 in tournament fees and/or cash game rake. So, if we do the math, 1,200 points – the highest target number – would require $ 600 in rake. Across 20 days, that is $ 12,000 in total rake. Someone who does that will receive $ 2,500, approximately 21 percent rakeback for the promo period. That’s quite good, especially when added to the rewards that player would normally get.

Most people who earn cash rewards will still receive the equivalent of double-digit rakeback, so that’s not bad! For example, if someone pulls in 20 VIP points for just five days, that’s 10 percent rakeback. The dollar amount ($ 5) isn’t worth celebrating, but when you think about how relatively easy that goal is, it’s 10 percent effective rakeback is a nice little bonus. And it’s not like most people will have to alter their play style to get at least a little something, since all real-money games count.

As with most promos at PartyPoker, players must “opt-in” via the promotions area of the software.

Poker News Daily

PokerStars Launches Omaha Spin & Go’s

 PokerStars Launches Omaha Spin & Go’s

Are you ready, PokerStars players? I mean, are you REALLY ready? Please get ready. Ready yourselves. PokerStars has launched Omaha Spin & Go games. Omaha! Peyton Manning loves it!

“Omaha is a highly enjoyable poker variant and was quite high up on our players’ request list to deliver it as a Spin & Go,” said Severin Rasset, Director of Poker Operations and Innovation, in a press release. “So we’re really pleased to be able to do this and hope that it will be as popular in this format as it is in our cash games.”

Oh yeah, it will.

For the eight of you who don’t know what a Spin & Go is, it is PokerStars’ version of what is commonly referred to as a “lottery” Sit-and-Go. They are three-handed, hyper-turbo Sit-and-Go’s in which the player start with just 500 chips. Needless to say, they go quite fast.

What makes them very unique, though, is that the players do not know what the prize pool is going to be until all three players are seated. Instead, the prize pool is selected randomly and can be from twice (the most common) to 12,000 times (ultra-rare) the player’s buy-in. About 90 percent of the time, the prize pool will be either two or four times the buy-in.

Of the eight prize tiers, the bottom five are winner-take-all. Second and third place receive nothing. The top three prize tiers, which have miniscule odds to hit, award ten percent of the prize pool to each of the second and third place finishers so there will be less dog-kicking in the losers’ households.

To celebrate the launch of Omaha Spin & Go’s, PokerStars is running special $ 5 Omaha Spin & Go’s in which players can win tickets to one or all of the Spring Championship of Online Poker (SCOOP) Pot-Limit Omaha Event #5. Here are the possible prizes and their probabilities:

$ 10 – 83,808 in 100,000
$ 27 SCOOP Event #5 PLO Low Seat – 15,685 in 100,000
$ 215 SCOOP Event #5 PLO Medium Seat – 502 in 100,000
$ 2,100 SCOOP Event #5 PLO High Seat – 5 in 100,000

Players who win more than one $ 27 SCOOP entry will have the excess tickets converted into regular $ 27 SCOOP entries, usable in any SCOOP event or satellite. The first entry a player wins for the Medium or High events must be used by that player – they are non-transferrable. If the odds are forever in your favor and you win more than one of those tickets, they will be converted to normal tournament dollars.

Regular Omaha Spin & Go’s will be a $ 1, $ 3, $ 7, and $ 15 buy-in levels.

So there you go.

Oh wait, Team PokerStars Pro Lex Veldhuis said something in the press release.

“Omaha is just perfect for Spin & Go. There will be a lot of action because you can play so many hands, but it’s also really hard to knock people out in PLO. This will make for some very intense situations when the multipliers get high. I can’t wait to try them.”

Poker News Daily

PartyPoker Gives Grinders Something to Do, Launches Newest Gladiator Promo

 PartyPoker Gives Grinders Something to Do, Launches Newest Gladiator Promo

As we have discussed numerous times on this site, online poker rooms and networks have been moving to recreational player-friendly models for a few years now. Poker pros and serious amateurs are finding their opportunities to grind for rewards more limited now than in the past, while casual players are being protected and seeing more chances to earn a little something for their play. Partypoker was one of the first to start leaning towards the “rec” players, but it has not gone away from the pros completely. Case in point: the latest Gladiator promo, which rewards players for playing as much as possible.

Gladiator – which has been recurring promo since 2010 – began April 17th and will run through May 6th. Unlike a lot of online poker promotions, this one is pretty straightforward. The more people play, the greater rewards they can earn.

It comes down to VIP points and for how many days certain points thresholds are attained. At the very lowest end of the spectrum, anyone who earns one VIP point on five separate days during the Gladiator promotion will win a ticket into a $ 250 freeroll. Bump that up to ten days and it is a $ 500 freeroll. The first three points levels – one, five, and ten points – all award freeroll tickets for the different day milestones (five, ten, fifteen, and twenty days). The lone exception there is ten points on each of twenty days. In that case, the reward is $ 8 cash.

Starting at the 20 points mark, all prizes are cash. The top prize is $ 2,500 for those who are able to earn 1,200 VIP points on each of twenty days (in other words, the entire Gladiator promo).

But who on Earth can generate that many points for three straight weeks? Professional grinders, that’s who. There is certainly something for casual players here (not much, though), but who this will really help are the players who put in the time and play for more than just micro stakes.

At PartyPoker, players earn two VIP points for every $ 1 in tournament fees and/or cash game rake. So, if we do the math, 1,200 points – the highest target number – would require $ 600 in rake. Across 20 days, that is $ 12,000 in total rake. Someone who does that will receive $ 2,500, approximately 21 percent rakeback for the promo period. That’s quite good, especially when added to the rewards that player would normally get.

Most people who earn cash rewards will still receive the equivalent of double-digit rakeback, so that’s not bad! For example, if someone pulls in 20 VIP points for just five days, that’s 10 percent rakeback. The dollar amount ($ 5) isn’t worth celebrating, but when you think about how relatively easy that goal is, it’s 10 percent effective rakeback is a nice little bonus. And it’s not like most people will have to alter their play style to get at least a little something, since all real-money games count.

As with most promos at PartyPoker, players must “opt-in” via the promotions area of the software.

Poker News Daily



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