Posts Tagged ‘money’

2018 PokerStars Caribbean Adventure Main Event Day 3: David Peters Trails Karl Stark as Money Bubble Pops

 2018 PokerStars Caribbean Adventure Main Event Day 3: David Peters Trails Karl Stark as Money Bubble Pops

The money bubble popped during Day 3 at the 2018 PokerStars Caribbean Adventure on Thursday, with the first payouts from the $ 5.8 million prize pool being handed out. There are some that are looking a bit deeper into the payout schedule, however, as poker professional and former Poker Player of the Year David Peters is in pursuit of Sweden’s Karl Stark.

Thursday’s action kicked off with 101 players remaining from the 582-player field, but the mood was tense. Like any tournament that has the money bubble looming at the start of the day, there were those in the crowd whose return would not only be short but unfulfilling. With 87 players receiving a payout, that meant that 14 players would take the walk from the Atlantis Resort Spa’s tournament arena with nothing to show for their efforts.

While those unfortunate souls were being determined, the chip lead changed. Michael Stashin hooked up in a three-way hand with Oliver Weis and Gleidibe Goncalves, with his sweat holding pocket Kings paid off on a Q-5-2-6-5 board. After scooping up the 180K pot, Stashin took over the lead with 565,000 in chips as the drama intensified.

Peters and Stark also began to make their moves during the bubble period. Peters would knock off a tough opponent in Chris ‘Big Huni’ Hunichen to get to 560,000 in chips, while Stark took down Charles Furey prior to the bubble to reach 555,000 in chips. Stashin, however, kept his foot on the pedal in winning a race against Joao Simao (Big Slick vs. pocket Queens) to nearly crack the million-chip mark. As Simao exited the tournament, the board read 90 players left to go.

More than two hours after the day’s start, the field reached the final 88 players and went hand-for-hand. Barry Greenstein had a miraculous double up during the hand-for-hand period, rivering a set of eights against his opponent’s pocket Aces, to stay alive in the event with only 19K in chips. It would take over 90 minutes for the unfortunate “bubble boy” to be determined in Nikita Neliubin, who ran his A♥ 3♥ into Luc Greenwood’s A-K off suit. Despite catching two hearts by the turn (and Greenwood hitting trip Kings), Neliubin couldn’t find another heart and was out in 88th place ($ 0).

With everyone now assured of a $ 17,500 payday, the cash out cage became a popular place. Gavin O’Rourke, Keith Lehr, Leo Margets, Kevin MacPhee and Harrison Gimbel all hit the rail with some money in their pockets as the tournament wound into the evening. Greenstein was able to grind out that 19K in chips and make it to the next payout level ($ 22,020), while Liv Boeree and Maria Konnikova both were able to work their way to the end of the night and get the right to bag for Day 4.

The day was marked by the performances of Peters and Stark, however. Both men climbed throughout the Day 3 action and, by the time the final hand was dealt, were the only two men over the million-chip mark. Along with Day 2 leader Oleg Titov, these three men bear the most watching as we move into the endgame for the tournament.

1. Karl Stark, 1.148 million
2. David Peters, 1.117 million
3. Oleg Titov, 938,000
4. Bartosz Stasiewicz, 802,000
5. Jonathan West, 765,000
6. Maria Lampropulos, 758,000
7. Koray Aldemir, 757,000
8. Michael Farrow, 691,000
9. Michael Stashin, 646,000
10. Christian Banz, 621,000

The remaining 43 players will return to the felt this afternoon as they look to find the next champion of the PokerStars Caribbean Adventure. While those that return today earn that $ 22,020 that Greenstein picked up, the dream for all is to take the million-dollar prize ($ 1,081,100, to be exact) up top.

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2018 PokerStars Caribbean Adventure Main Event Day 2: 101 Remain with Oleg Titov Leading; Money Bubble Up Next

 2018 PokerStars Caribbean Adventure Main Event Day 2: 101 Remain with Oleg Titov Leading; Money Bubble Up Next

Day 2 of the 2018 PokerStars Caribbean Adventure is in the books and, with the money bubble on the horizon, Russia’s Oleg Titov holds the lead over the 101 players that remain.

By the time that two Day Ones were in the books, 571 players had ponied up the $ 10,000 buy in to participate in the 2018 PCA Main Event. That number is a big leap, prize pool wise, over the 738 players who paid $ 5000 in 2017 to play. The $ 5.645 million prize pool – of which the winner will take a $ 1,081,100 payday – also dwarfs last year’s efforts ($ 3.376 million).

By the time Day 2 started on Wednesday afternoon, only 324 of those 571 entries were still around with hopes of winning the championship. Heading the pack was Day 1B chip leader, sitting on a stack of 155,000 chips, while the Day 1A chip leader, Affif Prado, could only muster up 137,500 but was on an extra day of rest. Lurking in the pack were many members of the Team PokerStars Pro stable, including Jake Cody, Liv Boeree and Barry Greenstein, and other pros such as Nick Petrangelo, Koray Aldemir and Oleksii Khoroshenin.

The Day 2 proceedings got off to a roaring start with the awarding of one of the $ 30,000 Platinum Passes to next year’s $ 25,000 PokerStars Players No Limit Hold’em Championship (PSPC). Before the day got off to a start, one of the remaining tables was chosen and a single hand was dealt out between the players (one of which was poker pro Mike Leah). An all-club 8-10-6 flop was dealt and each player turned up a card, with Leah taking the lead by turning up a ten but Pavel Ignatov giving a sweat by turning up a 9♣ (straight flush and flush draw). A blank four came on the turn and, with another eight on the river, the players turned up their cards.

Leah, who had led the entire way, did not improve on his pair of tens, but Thai Ha did. With a deuce showing, the second hole card was turned up. That 8♠ yanked the hand away from Leah and, with trip eights, made Ha unbeatable and the winner of the Platinum Pass. The odd part of the story? Ha wasn’t at the table when the hand occurred! He would wander into the scene after the hand was played, wondering what the commotion was, before finding out he was the big winner to start Day 2.

As typical for action at the start of the day, there were several casualties that barely got their chips unbagged before they hit the door. Mustapha Kanit, Martins Adeniya, Jared Jaffee, Dmitar Danchev, Leah and Ignatov barely had time to warm their seats before they were out of chips and heading into the Bahamian afternoon. The news was better for others, however, as the day played out.

Journalist and psychologist (and could we soon hyphenate that to “journalist/psychologist/poker pro?”) Maria Konnikova has been the talk of the Atlantis Resort after her stunning win in the $ 1500 PokerStars National Championship preliminary event, but either the “run good” is still with her or there are some skills to the good doctor. She bought into the Main Event just before late registration closed on Wednesday and, by the end of the night, was able to take her 30K starting stack up to 266,000. That has Konnikova still in the hunt amongst the 101 other players who will be back on Thursday to drive to the title.

1. Oleg Titov, 493,000
2. Gleidibe Goncalves, 472,000
3. Lucas Blanco, 435,000
4. Karl Stark, 424,000
5. Michael Stashin, 403,000
6. Keith Lehr, 374,500
7. Christian Rudolph, 367,500
8. Adrian Mateos, 358,000
9. Alexander Gambino, 352,500
10. Jonathan West, 344,000
(tie) Patryk Poterek, 344,000

Lurking under the Top Ten are such names as David Peters (327K), Jack Sinclair (274K), Konnikova (266K) and Vladimir Troyanovskiy (231K). Those with some work to do include Kevin MacPhee (38,500), Ivan Luca (77K) and Greenstein (69K).

The first task for those returning to the Atlantis tournament room on Thursday will be determining who is going to get paid. 87 players will be a recipient of at least $ 17,500 and a new entry for their Hendon Mob page. The PokerStars TV live stream will bring some of the action to fans and, by the end of the night, it is possible that the final three tables will have been determined as the PokerStars Caribbean Adventure Main Event looks for a new champion.

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2017 PokerStars Championship Prague Day 2 – Paul Michaelis Holds Lead, Money Bubble Up Next

 2017 PokerStars Championship Prague Day 2 – Paul Michaelis Holds Lead, Money Bubble Up Next

The final “big” tournament on the 2017 calendar, the PokerStars Championship Prague, has completed its second day at the Casino Atrium Prague. While the leaderboard may be a bit bereft of top pros, there is a fairly heated battle for first place as Paul Michaelis’ 630,500 chip stack hold the edge over Omid Mojaverian (597,500) and Erik Walfridsson (536,500).

409 players returned on Thursday to work the field down more from the 848 runners who originally started the event. Local favorite Michal Mrakes held the edge with 202,700 chips to start the day. He was followed up by Day 1B chip leader Tsugunari Toma (181,600) and Xixiang Luo (174,900), but down the leaderboard were some more notable players. Defending World Series of Poker Europe Main Event champion Marti Roca De Torres (170,900), former “November Niner” and Czech poker legend Martin Staszko (133,100) and several PokerStars Team Pros headed by Marcin Horecki (110,400).

With the schedule set for six levels of 75-minutes each, there was plenty of chances for play amongst the horde of players remaining. There was also the chance at getting to the money bubble as, after the final entries were accepted and tallied up, 127 players would walk off with a cash from their trip to the Czech Republic. €8700 would be earned for a min-cash by those at the bottom of the table, with the top seven finishers all guaranteed a six-figure payday. All wanted the top prize, however, which came in at €775,000 when the final numbers were calculated.

As usual at the start of a new day, there were a flurry of early knockouts from players on the short stack looking to double up quick. Stefan Schillhabel, Stephen Chidwick, Gaelle Baumann, Tom Middleton, Christoph Vogelsang, Manig Loeser and Sylvain Loosli were all out of the event within the first two levels. But a couple of players bore watching as they made their moves during the day.

Noted psychologist/writer Dr. Maria Konnikova, who has been pursuing poker over the past year as part of a book she is researching, was all in and got a double up through Guillaume Pau Davy when her A-10 caught against his pocket Jacks on a 7-6-3-A-Q board. She then turned around and nearly doubled again against Hari Bercovici when, on an all-hearts board, she was able to induce Bercovici to come along with her to the river where her J played. By the end of the night’s action, the good Dr. Konnikova had held onto enough chips to move onto Day 3 as a very short stack.

Michaelis slowly was making a decent chip stack until one of the final hands of the night catapulted him into the lead. After raising pre-flop, Michaelis saw Romain Lewis three-bet him to 20K. After a couple of moments, Michaelis made the call and the twosome saw a 9-6-5 rainbow flop that both checked. After a four came on the turn, Michaelis popped another bet into the center, this time for 33K, and Lewis made the call. The river paired with another four, which seemed innocent but set off the fireworks.

Michaelis moved all in, forcing Lewis to a decision for his tournament life. With 115,000 chips in front of him (still a strong stack to head to Day 3 with), Lewis thought for a good amount of time before the clock was called on him. As the clock clicked down, Lewis eventually made the call and was unfortunately on the wrong side of the decision. Michaelis’ pocket fives have flopped a set and rivered a boat as Lewis could only muster a 7 6 for two pair.

That hand thrust Michaelis into the lead with 635,000 in chips and, by the end of the night, it was good enough to hold the overall lead:

1. Paul Michaelis, 630,500
2. Omid Mojaverian, 597,500
3. Erik Walfridsson, 536,500
4. Boris Kolev, 510,500
5. Daniel Barriocanal, 504,000
6. Dimitrios Kalaroutis, 417,000
7. Paraschos Stavridis, 414,000
8. Fatima Moreira de Melo, 406,000
9. Kalidou Sow, 405,000
10. Robert Heidorn, 394,500

140 players will return on Friday afternoon to the Casino Atrium Prague, where the first order of business will be to pop the money bubble. 13 players will walk into the Prague afternoon tomorrow with absolutely nothing to show for their efforts, which should make for a very tense early couple of hours in the tournament. Once those 127 lucky souls are determined, the €4.1 million-plus prize pool will begin to get carved up as the latest winners on the PokerStars Championship circuit are determined.

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2017 WPT Five Diamond World Poker Classic Day 3 – Blake Bohn Takes Over Lead Short of the Money Bubble

 2017 WPT Five Diamond World Poker Classic Day 3 – Blake Bohn Takes Over Lead Short of the Money Bubble

Day 3 of the World Poker Tour’s Five Diamond World Poker Classic at the Bellagio in Las Vegas is in the books and, for the first time in the tournament, Brandon Meyers isn’t atop the leaderboard. While he does lurk down the ladder a bit, Blake Bohn has taken over the lead with the money bubble looming for Day 4’s action.

With 316 players remaining from the 812 entries that came in, it was a given that the money wasn’t going to be reached on Thursday. That didn’t mean there wasn’t some work to do as players looked to garner chips to get in the best position to drive deep in the event. Meyers was best situated for making that deep drive, starting Day 3 with a stack of 388,100 chips, while Daniel Strelitz (310,900) joined him as the only players above the 300K mark.

Day 3 was the longest day of the tournament so far, with seven 90-minute levels on tap for the assembled players, and they didn’t tiptoe into the waters on Thursday. A short-stacked Mike Wattel was taken down by 14-time World Series of Poker bracelet winner (but zero-time WPT champion) Phil Hellmuth moments into the start of the day, while a short-stacked former Super Bowl champion in Richard Seymour went in the other direction. Seymour would use pocket tens to outrun Joshua Ladines’ A Q on a nine-high board to get back in the race.

Wattel wasn’t the only notable pro who departed the Bellagio soon after the day’s play began. Jeremy Ausmus, Matt Berkey, Kathy Liebert, former WPT Player of the Year Mukul Pahuja and WPT champion Pat Lyons all found a spot on the rail to watch the proceedings as Mike Del Vecchio took center stage. He was able to four-bet both Shawn Buchanan and Cate Hall out of a hand to pull close to 100K, then blew by that mark by getting just Hall to lay down her hand. Del Vecchio’s continued aggression would keep his stack fluctuating but moving upwards throughout the Day 3 action.

Del Vecchio’s high water mark came in eliminating one of the biggest names in the game in the evening hours. After a raising battle between him and Daniel Negreanu, Del Vecchio was able to get Negreanu to commit his final chips pre-flop with pocket Queens. The problem for Negreanu is that Del Vecchio had pocket Kings for the cooler; once no other Ladies showed on the board, Negreanu was out of the Five Diamond, one of his favorite tournaments of the year, while Del Vecchio stacked up 345K in chips.

After being hit with the deck for the first two days of the tournament (by his own admission), Meyers had a day where he simply attempted to survive. It wasn’t until the early evening hours that Meyers was able to eke over his starting day stack to 395K, but it seemed to get his engines going. Meyers would push Andy Frankenberger to the brink before Frankenberger folded a hand and Meyers scooped up the chips to move to 483K.

As the dinner break arrived, 113 players were still alive in the tournament with two 90-minute levels left to play. Strelitz had moved to the lead at this point with 828K in chips, but he would go no higher on Day 3 and instead gave back a few chips. Bohn was the man who made the moves late in the evening in a hand against one of the top “High Roller” players in the game.

After an opening bet from Bohn, Kempe would move in for his remaining stack. Everyone else would get out of the way, but Bohn was steadfast and made the call. It turned out to be the correct decision; Bohn’s Big Slick was better than Kempe’s Big Chick (A-Q) and, after a King was in the window on the flop, the German was left drawing extremely thin. A blank on the turn meant that Kempe was now drawing dead just short of the money bubble.

Bohn would add onto his 815K stack as the players crept closer to the money. Just short of the time when the WPT “Action Clock” (the 30-second “shot clock” used by the WPT one table from the money bubble) would be activated, the last 90 players reached the end of Level 17 and bagged and tagged their booty. Bohn was the man who bagged the most, 871,000, to seize the lead heading to Day 4.

1. Blake Bohn, 871,000
2. Daniel Strelitz, 791,000
3. Sean Perry, 758,000
4. Matthew Moss, 748,500
5. Artem Markov, 674,500
6. Brandon Meyers, 638,000
7. David ‘Chino’ Rheem, 592,500
8. Chance Kornuth, 586,000
9. Matt Giannetti, 549,000
10. Satish Surapaneni, 541,000

Day 4 action at the WPT Five Diamond World Poker Classic kicks off at noon today with some important business to take care of. Nine players must be eliminated to get to the 81 players who’ll earn a min-cash of slightly more than $ 19K from the tournament. The WPT “Action Clock” will be employed from now until a champion is crowned, with that champion walking off with a $ 1,958,065 Christmas present.

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Indiana Says Smoking Ban in Casinos Would Cost State Jobs, Money

 Indiana Says Smoking Ban in Casinos Would Cost State Jobs, Money

Since the 1990s, smoking has been banned in most of the poker rooms of casinos across the States of America. For the most part, however, smoking has been allowed in other areas of casinos outside of the sacred poker room area. Individual states are now having issues with the implementation of smoking bans in their locales (passed for the health of employees and the public), with Indiana the latest to sound off on the issue.

The Majestic Star Casino in Gary, IN, is complaining to state officials that the ban on smoking indoors is influencing its bottom line. The anti-smoking law, passed in 2012, banned smoking in most public places. Some exceptions were allowed, such as for private membership clubs and bars, tobacco retail outlets and hookah bars and horse racing facilities and casinos. Local leadership, however, could extend the law as they saw fit for their own locations.

Apparently, that is what the Gary Common Council is looking to do. On the table for the Council is an ordinance that would ban smoking in the Majestic Star period, not just the poker room. The smoking ban is backed by a group called “Smoke Free in the G” and is looking to pass the legislation to protect the employees of the casino. Naturally, the Majestic Star sees it another way and has made their opinion known to the members of the Council.

Majestic Star Chief Executive Officer Peter Liguori has said that the ban on smoking would have a tremendous impact on the success of the casino. He estimates that a ban on smoking would see the casino lose about $ 3 million in tax revenues for the state. Additionally, Liguori says that 400 jobs could be lost if the measure was passed. A look at other states who have passed anti-smoking legislation for their casinos demonstrates that Liguori isn’t blowing smoke.

In the state of Illinois (one of the competitors for Indiana’s action), a ban on smoking (called the “Smoke Free Illinois Act”) was put in place in 2008. Player numbers for the casino industry in the Land of Lincoln suffered following the smoking ban, with attendance in casinos falling by 22%. Estimates show that the total loss in revenues was around $ 200 million for the first year of the ban alone, with the estimated tax loss totaling over $ 12 million for that year.

2008 also saw the Atlantic City casino industry implement a smoking ban, much to the dismay of its bottom line. Facing increased competition from such states as Pennsylvania (which allowed smoking), the casinos in Atlantic City saw a 15% drop in customers, arguably because of the smoking ban but also possibly because of the “Great Recession” of 2018. New Jersey politicos, seeing the numbers fall, decided that the ban was wrong and, within a year, rescinded the ban.

In Florida, the Seminole Indians try to walk on both sides of the line. While their poker rooms remain smoke free, their casinos allow for smoking. This is because as a sovereign entity, they can set their own rules regarding smoking outside of those set by the Florida legislature and the “law of the land,” the Florida Clean Indoor Air Act. According to noted gaming journalist Nick Sortal, however, the Seminoles are trying to walk a fine line with the issue.

According to Sortal, the Seminoles are trying “to balance the desires of both smokers and nonsmokers.” To achieve this goal, the tribe is stepping up efforts in trying to keep smoking on the floor of their casinos and out of what is described as “general areas” such as restrooms, walkways, and elevator banks. To cater to those who don’t partake of tobacco or are disturbed by the scent, Sortal also states that they have installed improved air filtration and air conditioning systems on their South Florida properties.

Considering that there seems to be a predominance of smokers in the gaming community, the issue of smoking/non-smoking is an important one. It is estimated that only 10% of the country uses tobacco products, however, so the times may be changing on that stereotype.

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