Posts Tagged ‘Launches’

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

Andrew “luckychewy” Lichtenberger Launches Online Poker Room

 Andrew “luckychewy” Lichtenberger Launches Online Poker Room

Poker pro Andrew “luckychewy” Lichtenberger has launched his own online poker site, LuckyChewyPoker.com, which went live earlier this month. It is currently only available for play money games, but Lichtenberger has said that real money licensing is in the works.

In a series of tweets, Lichtenberger made the announcement:

Greetings everyone, I am pleased to announce that http://www.LuckyChewyPoker.com is live with play money gaming for you to enjoy at this point in time. Our team will continually be updating artwork, user interface and various system functionalities as we move forward. If anyone has any ideas or input they would like to share please do not hesitate to do so. Our vision is simple – a poker site by the players for the players with low rake and great rewards. We have been sharing our platform with the international gaming community and intend to create as large a player pool as international law’s allow for. We will have more updates and exciting news to share with regards to real money licensing and legislation in the times to come as well. We are excited to continue to promote and share the game we all love.

The site aims to be more than just a place for people to participate in cash games and tournaments. Included will be a poker community, which will consist of a message forum for discussion, player blogs, photos, videos, and articles. Lichtenberger also hopes that visitors will form tighter, more personal bonds and use the group and events features to coordinate discussions and get-togethers with friends on the site. Additionally, the site will host a poker school; Lichtenberger has provided training videos for Ivey League in the past.

According to the site, LuckyChewyPoker.com has already been vetted by the UK Gambling Commission, which has approved its software for internet gambling. The random number generator and card shuffling algorithms have been thoroughly tested, as one would hope.

For years, members of the poker community have wanted some known poker figure to step up and create his or her own online poker room with poker players in mind. Whether Lichtenberger will ultimately be that person remains to be seen, but “low rake and great rewards” is a start.

What may be interesting to watch is if LuckyChewyPoker does launch real money games and actually builds some sort of player base, if its business can sustain itself. It is all well and good to promise to be a site “for the players,” but that could mean catering to professional grinders and serious amateurs. The problem with that is as much as those players say they want a site that caters to them, they might not like it once they get it. Now, I’m not saying this will definitely happen – I am rooting for Lichtenberger – but a poker room that is designed for the players may very well be populated mostly by pros and other strong players. Those same players don’t typically love playing against their own kinds, as that doesn’t make for easy to beat, profitable games.

Another poker pro, Phil Galfond, announced in September that he was going to start his own poker room, Run It Once Poker, but it has not launched yet. Someone on Twitter asked Lichtenberger if he would consider partnering with Galfond, to which Lichtenberger replied that he is “certainly open minded to collaborating with him.”

Poker News Daily

PokerStars Launches in Portugal

 PokerStars Launches in Portugal

Amaya Inc. announced on Tuesday that it has gotten PokerStars up and running in Portugal after an Amaya subsidiary, REEL Europe Limited, was granted the country’s first online poker license. The license is for both poker and casino games and permits PokerStars to offer Hold’em and Omaha cash games, poker tournaments, blackjack, and French Roulette.

In a press release, the company said:

PokerStars will maintain the very highest levels of player fund protection by segregating Portuguese player funds under trust agreements, as is done in all markets where PokerStars offers its products. In the meantime, while Portugal remains a closed liquidity poker market, PokerStars intends to actively work with applicable Portuguese authorities to help further develop and enhance the Portuguese regulatory framework for poker, including, without limitation, through the promotion of shared liquidity.

“We are very happy to offer the world’s leading online poker brand to Portuguese players under a local regulatory framework that ensures rigorous consumer protection and gaming integrity,” added Eric Hollreiser, Vice-President of Corporate Communications for Amaya. “This approval demonstrates our commitment to the responsible growth of online gaming by supporting local regulation that protects players, creates a viable marketplace and provides revenue for local governments.”

Legalized, regulated online poker has been in the works for a long time in Portgual. The game was approved in the spring of 2015, but the regulations needed to be approved by the European Union. Thus, there were some delays, but in December 2015, Serviço de Regulação e Inspeção de Jogos (SRIJ) Director and Head of Online Gambling Manuela Bandeira dropped a bomb at the GamblingCompliance Regulatory Briefing in Lisbon, announcing the Portuguese players would be ring fenced from the rest of the world after everyone thought Portugal would have shared liquidity.

That prompted the Portuguese Player Association, ANAon, to urge its members to boycott Portuguese sites (once those sites got going) as long as they remained ring fenced. The group then published three points:

•    Portuguese online poker players will refrain from playing on Portugal-facing sites if those sites are not open to players from other countries.
•    An online poker market with only Portuguese players will not work for the game.
•    The boycott is intended to let the Portuguese regulatory body, the Serviço de Regulação e Inspeção de Jogos (SRIJ) that players will not use such rooms or rooms that are in the “style of the French model that foreigners provided they register at the Portuguese platform.”

It was reported this summer that the SRIJ had decided to allow for shared liquidity, but as of now, PokerStars Portugal players will still only be able to play against other players within Portugal’s borders. It should be sustainable – Portugal is larger than New Jersey and online poker is working there – but shared liquidity would obviously be better. Additionally, the federal taxes are steep: 15 percent on sites with revenues of over €5 million and 30 percent for revenues over €10 million.

Poker News Daily



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