$20,000 freeroll tournament
Titan Poker, one of the most famous poker rooms in the World, offers to its new players a chance to play an incredible $20,000 freeroll tournament!
It is a tournament dedicated to all new players. Making your first deposit, you will get 5 tokens for the Monday, Tuesday, Wednesday, Saturday and Sunday satellite.
Each satellite will award 50 seats for the big tournament.
These are the 3 steps you’ll need to do to sit at the table:
1) Download the Titan Poker software here.
2) Register an account.
3) Make an initial deposit.
That’s all!
Note: The “Token” invitations are manually dispatched after your payment. Contact online support as soon as you made the transaction and ask for your invitations.
Do not forget also that Titan Poker gives you 100% up to $ 500 on your initial deposit.
The progressive jackpots are always available on Maui and Rio Tournaments.
Test yourself, challenge players from around the world and qualify for the ECPokerTour, the WSOP and many other live tournaments around the world.
Schedule released for 2009 World Series of Poker
2009 World Series of Poker is set for May 26-July 15 at the Rio All-Suites Hotel & Casino in Las Vegas.
Like 2008, play will pause after the field of the $10,000 buy-in main event is down to nine players. The 2009 version of the “November Nine” will return Nov. 10 to finish off the final table.
A $40,000 buy-in event commemorating the 40th anniversary of the WSOP is May 28 to kick off the series
All four rebuy events from 2008 have been eliminated
In total, there will be 57 bracelet events, the most ever. It includes 10 $10,000 buy-in events, including the main event, seven $1,500 buy-in events and the third $50,000 buy-in H.O.R.S.E. championship.
[Source: http://blog.mlive.com/deadmoney/2009/01/schedule_released_for_2009_wor.html]
Poker: Ivey Wins a Million Online
The independent online poker stats site MarketPulse reports that Phil Ivey enjoyed a profitable session Thursday at the Full Tilt Poker big-action virtual tables, taking over a million from formidable players like Tom ‘durrr’ Dwan and the ultra-cool Finnish player Ilari ‘Ziigmund’ Sahamies.
It’s been a bad week for Sahamies who lost a similar amount to Dwan, including one pot of $549 000, earlier in the week.
The biggest hand of the session saw Ivey take a $227 958 pot from Sahamies, who also lost more big pots to Dwan, incurring some of the heaviest losses of his online playing career to date.
[source: www.recentpoker.com]
Thoughts from a pro
How does poker reflect economic crash?
Perry Friedman is a World Series of Poker bracelet winner and a sponsored pro at Full Tilt Poker. Friedman is a graduate of Stanford University and now lives in Las Vegas.
Living in Las Vegas, I have seen the effects of the current downturn firsthand. Casinos have been hit pretty hard. Several of the major casinos are in danger of bankruptcy or restructuring. Some casino projects have stalled, while others have been completely abandoned. You can’t read the newspaper or watch local news without more bad news being reported about the casino industry. People are still coming to Vegas, but they aren’t spending as much while they’re here as before.
On the bright side, gambling in general tends to be pretty resilient when it comes to economic downturns. There is always the “lottery effect,” where gambling is a way out for people who perceive themselves as having no other alternatives. However, those people aren’t about to head to Las Vegas to gamble — they will instead play locally (whether it’s the lottery, horse betting, online gambling, or whatever is available to them).
As far as poker goes, live poker is seeing the same downturn. The recreational poker player now has less expendable income and cash game poker doesn’t have that same “lottery effect.” On the flip side, tournament poker does have that big reward potential. I believe tournaments will suffer less than cash games. Tournament poker was already seeing a slight decline prior to the economic downturn, mostly due to the huge peak it hit in the post-Moneymaker era. I expect this year’s World Series of Poker to do about the same numbers as it did last year. I think that as the economy rebounds, the poker industry will begin to rise again. There is also hope with the new Administration in place that the regulatory environment may change for online poker, which could lead to a new resurgence in live poker as well.
Fundamental Theorem of Poker and Morton’s theorem
In a recent post I wrote about the benefits of playing a non-optimal strategy in poker. I also briefly illustrated the Fundamental Theorem of Poker, introduced by David Slansky, the father of modern poker:
“Anytime you are playing an opponent who makes a mistake by playing his hand incorrectly based on what you have, you have gained. Anytime he plays his hand correctly based on what you have, you have lost.”
Today I’d like to show the limits of the theorem and the support given by what is nowadays known as the Morton’s Theorem with some maths.
Against Fundamental Theorem of Poker, Morton’s Theorem states that in multi-way pots, a player’s expectation may be maximized by an opponent making a correct decision.
But actually David himself intended to apply his theory to head-to-head situations, which involve only two players. So when one theorem falls, another comes in support.
The most common application of Morton’s theorem occurs when one player holds the best hand, but there are two or more opponents on draws. This situation may happen many times during a poker tournament. In this case, the player with the best hand might benefit from the absolutely “correct” decision of her opponent to fold to a bet.
Morton proposed an example very similar to the following one to prove his thesis.
Consider in a limit hold’em game the following situation:
Flop –> KS9H3H
Player A –> ADKC (top pair and best kicker)
Opponent B –> AHTH (9 outs for the flush draw)
Opponent C –> QC9C (4 outs — not the QH which gives the flush to the opponent B)
Turn –> 6D