World Series of Poker Europe Moving to France

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Just like the WSOP moved from Binion’s to the Rio, the WSOPE will find itself a new home in 2011. This year’s World Series of Poker Europe will be moving from London, the city it has called home since its inception in 2007, to Cannes, France. The event will be held October 7-21 at Le Casino Barrière de Cannes Croisette.

In some ways, this is quite surprising, given the strict nature that the French government has treated poker, especially when compared to the lax view of the government in the United Kingdom towards poker.

There are seven events reportedly planned for the event:
· NLHE 6-Max €1,500
· NLHE €1,000
· PLO 6-Max €5.000
· € 3,000 NLHE Shootout
· PLO 6-Max €1,500
· Main Event €10,400
· Split € 10,400 (seat 9, then 6, then 2 players)

According to a statement released by WSOP.com: “The World Series of Poker Europe is moving from London to Cannes in 2011 and will be rebranded as World Series of Poker Europe (WSOPE®) Presented by BarierePoker.fr. In addition, the Barrière Poker Tour 2011 will include seven stops qualifying for the WSOPE®.”

While the date is still in the distant future, you can still keep your eyes open for online satellites and qualifiers as the time approaches!

Online Poker Opponent Jon Kyl Retiring

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Senator Jon Kyl, one of the most vocal and influential opponents to the legalization of online poker in the United States, plans to announce that he will not seek re-election when his term lapses in 2012.

First elected to the Senate in 1994 from Arizona, Kyl is one of the top ranking Senators in the Republican party, and is influential in finance and defense legislation.

He has stated his reasoning for retiring simply: time.

Senator Kyl has been one of the strongest supporters of the UIGEA since its proposal in 2006, and has argued vehemently against legalization of online gambling in the United States. His retirement may be a win for the PPA and everyone in the online poker industry.

UB.com is giving away $12,000 World Poker Tour L.A. Poker Classic Packages

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UB.comUB.com is sending at least three lucky online poker players to sunny Los Angeles to be part of the prestigious World Poker Tour (“WPT”) L.A. Poker Classic at the famous Commerce Casino. The leading online poker site has added a series of low stakes buy-in qualifiers from $2+.20 to their tournament line-up from February 6th through 13th, leading to a Super Satellite that will award the top three players with a $12,000 WPT L.A. Poker Classic prize package.

The annual WPT L.A. Poker Classic is a $10,000 buy-in tournament that will award the winner with hundreds of thousands of dollars in prize money, along with a $25,500 entry for the 2011 WPT Championship. To get there for less, players need to outplay their competitors at the UB.com tables in a $500+30 buy-in Super Satellite on Sunday, February 13th at 17:05 ET, which guarantees to award three $12K WPT prize packages, each including a $10,000 seat for the WPT L.A. Poker Classic (Feb. 25th – Mar. 1st), along with $2K towards travel expenses that will see them heading to the City of Angels.

Plus, starting from this Sunday, February 6th, the UB.com Cardroom has frequent WPT L.A. Poker Classic qualifiers available, a Rebuy format from as low as $20+2, and $66+6 freezeout feeder satellites that will give away entries for the $500+30 WPT L.A. Poker Classic Super Satellite. Finish in the top 3 in the Super Satellite to earn one of three guaranteed $12,000 WPT L.A. Poker Classic prize packages. For those looking for more of a challenge, make your way through the STEP tournaments, with STEP 1 running from as little as $0.11.

So, log onto UB.com.com and compete for one of three L.A. Poker Classic WPT packages from February 6th through 13th — it could be your ticket to some thrilling high-stakes action and your ‘fifteen minutes’ of TV poker fame.

For further details, visit UB.com

Players at AbsolutePoker can also participate, as part of the CEREUS Poker Network.

eWalletXpress Shut Down by US Authorites

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Popular online gambling processor eWalletXpress has allegedly been shut down by US authorities for illegal activity. eWalletXpress which is part of the Navaho network started out as a processor for internet porn sites but quickly grew once they began accepting gambling transactions.

According to BingoWire, eWalletXpress sent out an email to it’s merchants this morning which read, “We regret to inform you that we are no longer able to continue service at this time due to a federal warrant issued to seize our funds…..”

This can leave a huge hole in an online gambling industry that is still feeling the affects of losing other US processors like Neteller and Paypal. No Online Poker Sites or online casinos are currently offering eWalletXpress as an option.

As of this writing there is no answer for the question on everyone’s mind, “What will happen to my money”. We hope that like Neteller funds will be delivered to their owners, but we can’t say for sure. We’ll stay on top of this story as it develops and will do our best to provide you with the answers you need.

Sources: BingoWire CasinoSpamReport

Party Poker and Ongame Merging

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Party PokerThe parent company of Party Poker, Party Gaming is merging with Bwin. Bwin is the parent company of the Ongame network. While most of you know who Party Poker is, the Ongame network includes sites like Bwin Poker, Betfair Poker, Hollywood Poker, and RedKings Poker. Poker Scout ranks Party Poker as the number three poker room in player size and volume globally. The Ongame Network weighs in at fifth. The word is the new merged company will probably sport a new name, but it is doubtful that any poker sites will be changing.

Reports call the merger a buyout of Bwin by Party Gaming yet Bwin will somehow have controlling interest of over 51%. I see the words “reverse takeover” bandied about but that is for financial types. To put the merger in perspective, if Ongame and Party Poker started being listed together on Poker Scout, they still would be a distant third to Pokerstars and Full Tilt Poker.

Many view the merger as positioning to be ready when the US market opens up to regulated online poker some time in the distant future. With all the talk in committee hearings of excluding operators who have taken US players in the past, this may be the strategy. As far as we know, Bwin has never been in the US market, while Party Poker was one of the first big poker sites catering to US players before their abrupt departure in 2006.

From a player standpoint, there should not be any unrest or uncertainty regarding the merger. I am not an insider on this deal, but I doubt anything outward, player-facing will change on any of the sites involved.

41st Annual World Series of Poker 2010 Recap

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WSOPWe here at Holdem Poker Chat will always bring our members interesting news from the poker world. The 41st Annual World Series of Poker® has provided us with many bits of information that we wanted to share with our members. We also want to thank Harrahs Entertainment for sending us their press releases.

There is a global economic slowdown, but the 41st annual World Series of Poker (WSOP) has not been affected at all. On the contrary, the WSOP set a host of new records. Poker players from 117 nations traveled to Las Vegas to compete on the game’s grandest stage. With a record 72,966 entries (a 20% increase from last year) in 57 events creating the largest prize pool in WSOP history: $187,109,850 (a 3.5% increase from last year). In the 41-year history of the WSOP, the prestigious tournament has now awarded more than $1.2 billion in prize money. (Actual figure is: $1,228,375,121).

The youngest player in this year’s WSOP was John May, who played Day 1-D of the Main Event, a day after his 21st birthday. The oldest player to participate in this year’s WSOP (or in any WSOP) 97-year-old Jack Ury, who also played Day 1-D of the Main Event.

In addition to overall participation and prize money, the 2010 WSOP established new records for:

Most million-dollar tournaments: Forty-four of 57 events in this year’s WSOP boasted a prize pool of $1 million or more, up 13 percent from the previous record (39 of 57 tournaments) set last year.

Most consecutive years to cash at WSOP: Berry Johnston’s two in-the-money finishes this year (Events #4 and #45) give the 1986 World Champion cashes for 28 straight years, the most in history. His two cashes this year give him a total of 61 in-the-money finishes at the WSOP, placing him in fourth place all-time. Total WSOP Earnings: $2,075,527

Most consecutive years with multiple event winner: Frank Kassela’s two victories stretched the multi-event winner record to 11 consecutive years. Event #40: Seven Card Razz – $2,500 buy-in & Event #15: Seven Card Stud Hi-Low Split-8 or Better World Championship $10,000 buy-in.

Biggest single day attendance ever: 3,097 players in Event #45. $1,500 buy-in

Most consecutive annual WSOPs played: Howard “Tahoe” Andrew of Walnut Creek, Calif., extended his record for most consecutive years played at the WSOP to 37. WSOP Earnings: $162,809

Largest amount of chips in play: This year’s WSOP Main Event featured a total of 219,570,000 million in chips. Because players in this year’s WSOP Main Event received chips valued at three times the buy-in ($30,000), the total chips in play exceeded the amount in the largest tournament ever, the 2006 Main Event, during which players received two-times the buy-in (20,000).

Most cashes at WSOP without a win: Tony Cousineau of Daytona Beach, Fla., extended his record as the player with the most cashes – 46 – without a win. Better luck next year Tony.

Legions of amateur players competed alongside legendary poker pros, to establish the new milestones.

Cake Poker EPO Freerolls

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Cake PokerCake Poker is holding freerolls to qualify for an English Poker Open package valued at $7,000. these freerolls do not start running until August 01, 2010 but they will probably be full soon since every one of them is open for registration right now. There is only one seat to the freeroll final game awarded per freeroll, and only one $7,000 package awarded in the final, but it is free. There are also 1 gold chip games that will award one seat to the final. These, of course, will be far less populated. Anyone gets into the final, let us know so we can rail you. And sign up for all the freerolls now before they are full. The plus side to all this is the final looks to be a 20 player winner take all event on August 22, 2010 at 3:30 pm et. So make it in, and you have an excellent chance of winning.

English Poker Open Freeroll Qualifiers
Play in one of our EPO Freeroll Qualifiers from Aug 1 – 20 and you could win your way into our exclusive EPO Freeroll Final. There are only 20 qualifiers running so be sure to register now before it’s too late! Both freeroll and 1 gold chip buy-ins are available.

The Prize Package
Cake’s $7,000 English Poker Open Prize Package
Play for an English Poker Open prize package Sunday’s at 4 PM ET. Prize packs are valued at $7,000 and include:

English Poker Open Main Event buy-in ($5,000 + $350 fee)
$1,650 placed in your Cake Players account to help with hotel and travel expenses
Entry to the official English Poker Open Welcome Party, September 10th.
Official Team Cake gear pack.

Cake Poker also has Buyin Satellites to the EPO with Sunday $268 final tourneys. Get in for as low as $3.30.

European Poker Tour Season 7

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The world’s richest live poker tour is back for another season, with a new schedule packed full of big-money events in Europe’s most amazing cities. There are satellite qualifiers running now, with prize packages up for grabs that give you everything you need for the poker trip of a lifetime!

The EPT is the tour that everyone wants to win. That’s why the biggest names in the game take part every year, including Team PokerStars Pro and thousands of PokerStars qualifiers, all looking to score a massive payday and the title of EPT Champion. It’s the place where fortunes are won, new stars are born, and where poker players come to prove themselves.

The new season includes stops in London, Barcelona, Prague, Copenhagen, San Remo and many more great locations, plus a brand-new stop in Tallinn, Estonia. There’ll also be another trip out to The Bahamas for the PokerStars Caribbean Adventure (PCA), the return of Snowfest, and the prestigious Grand Final in mid-2011 (venue to be announced soon). This Is EPT Season 7. It’s going to be huge. And you can qualify now at Pokerstars.

ESPN WSOP 2010 Schedule

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ESPN will start airing The 2010 World Series of Poker Tuesday July 27, 2010. Each show will be two hours long and will be on the main ESPN channel. We already missed the preview show, but for most forum players, they do not need an introduction to the players. Each episode will air on Tuesdays. below is the schedule with each show’s focus. As most of you know, there are re-airings on ESPN2 as well. I am not familiar when the reruns will be scheduled and leave that to you to report on if you spot them while channel surfing.

July 20: WSOP Preview Show, 8 p.m.
July 27: Players Championship, 8-10 p.m.
Aug. 3: Tournament of Champions, 8-10 p.m.
Aug. 10-Aug. 24: Main event, 8-10 p.m.
Aug. 31-Nov 9: Main event, 9-11 p.m.

Notice that the last entry will encompass Tuesdays all the way to the WSOP Main Event which is going to be played on November 06, 2010. that last November 09, 2010 Tuesday night will be the final table broadcast. I will be interested to see which poker sites do the heaviest advertising since Pokerstars already sponsors the ESPN web show The Inside Deal.

Poker Player Profiles, Styles and Game Selection

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Player Profiles and Game Selection

No matter how good one is at something in life, there will always be somebody somewhere who is better. In the case of poker there will probably be many people in many places who are better. How can one player win under these conditions? Fortunately there will also be many people, all over the world conveniently hooked up to the internet that will also be worse. Consider the following example; we have a fictional player by the name of Steve. Steve is the 10th best player in the entire world. Steve could sit down pretty much at any table and be a favorite to win. Unfortunately tonight Steve decided to sit down at a table that by some huge coincidence was made up of the only nine people in the world that are better than him. All of a sudden Steve is just another fish in the sea, and he’s about to get munched up by the sharks. An important poker maxim to remember is, ‘it doesn’t matter how good you are, as long as you’re better than everyone else at the table’. As you can see, game selection is a very important decision to be made every time one sits down to play poker.

How can a player decide what game is a good one to sit at? Well, as one gains more experience, they’ll find that most players will fit into certain categories. Once one identifies which types of players will be the most profitable for them, they can then look for games comprised mainly of these types of players.

Here is a list of the basic player types:

Loose
Loose players generally are unaware of the importance of pre-flop hand selection. Unfortunately for them, understanding that concept is one of the keys to becoming a good poker player. Loose players are usually inexperienced, playing too many hands, and playing them pretty much regardless of their position. They also tend to call too much with hands that don’t warrant it. One thing to watch out for with loose players is that they will occasionally hit ragged flops that would be safe against a tight player. Hands should usually be played straight up against a loose player, betting for value, raising with your premium hands, and not bluffing too much. Far too many solid players throw away money trying to bluff a loose player who will call if they have any part of the flop.

Tight
Tight players or ‘rocks’ are pretty much the exact opposite of loose players. They will only play good hands, when they are in a good position. Raises from a tight player must be respected, and you should consider throwing away marginal hands if a tight player limped in from an early position. The best way to play against an overly tight player is to wisely use bluffs and position raises against them. An overly tight player will often lay down anything less than the nuts when faced with a raise on the turn. If a rock re-raises however, one should seriously consider folding anything other than the absolute nuts, the rock is almost certainly winning.

Loose Passive
Loose passive players are among the very worst players that can be found at the poker table. In addition to playing too many hands in bad positions, they will generally prefer to just check and call at every opportunity with anything less than the nuts. These types of players will rarely fold the flop regardless of what they have, and will often be happy calling to the river with bottom pair or even just ace high. Having position against this type of player give a sophisticated player many options, such as taking off a free card on the expensive street, although it is often right to hammer this type of player with value bets since they may just be calling with anything. Of course one should never, ever bluff this type of player as they are likely to call with almost anything.

Loose Aggressive
Loose aggressive players will still be playing far too many hands, but as opposed to their passive counterparts will often be raising with hands that had no business being played in the first place, much less with a raise. They types of players will usually try to bluff far too much, and will treat many drawing hands or medium pairs just as if they had the nuts. There are many different strategies that can beat this type of player. If you are to the immediate left of a loose aggressive player, it is often right to try and isolate them with a 3-bet after they raise. One still needs a reasonably good hand to do this, but the standards for re-raising can be loosened a bit against this type of player. One must be careful when value betting against this type of player since they are apt to raise with all sorts of junk putting their opponents on difficult decisions. It is often right to just let the loose aggressive player bet, and call them down the whole way with any reasonable holding. When a hand that’s an absolute monster goes up against this type of player, the owner of that hand can expect a huge windfall against the maniac who is apt to raise and re-raise with a hand that doesn’t come close to warranting it.

Tight Passive
Tight passive players not only sit there waiting for the very best hands, but unless they flop the nuts they will still prefer to check and call until their hands improve. It is rarely correct to value bet against this type of player, since they will only call if they are winning the hand. It is however right to often try and bluff tight passive players since they are unlikely to call with anything less than a strong holding. If they call, or god forbid re-raise it is time to give the hand up. If one is fortunate enough to have a tight passive player in one of the 2 seats to their left, then it would be advisable to often try and steal the blinds at every opportunity since they will be folding most mediocre hands to raises.

Tight Aggressive
Tight aggressive players are generally the best poker players around, and this is the type of player that most players should aspire to be. Tight aggressive players are selective about what hands they play, but play very aggressively once they do enter the pot. For this reason it can be hard to get a read on a tight aggressive player since they are always pounding the pot whether they have a very strong hand, or are just running a semi-bluff. If one sees a table full of players who only enter hands if they are raising, then this is a table that should probably be avoided. After all, why go out of the way to play against very strong players, when there are so many other options available.