Archive for April, 2011

Caesars CEO Calls for Legalized Online Poker

Thursday, April 28th, 2011

Fortune magazine recently published an article online authored by Caesars CEO Gary Loveman in which he calls for legalized online poker at a federal level in the United States. Caesars Entertainment, formerly known as Harrah’s, are the owners and operators of the World Series of Poker.

In the article, Loveman points out that there is going to be online poker in the U.S. no matter what and that the question is, “Should we seize the moment to legalize online poker, permit a safe and legitimate industry in the U.S., and bring those jobs and revenues home?” He goes on to compare poker’s current state in the U.S. to prohibition and offers some ideas on how to regulate it. Of course, there is also the stereotypical touting of the importance of federal funding for problem gambling services that casino CEOs love to hype. Not that these services are a bad thing, on the contrary, they are very necessary. It’s just that there’s always a certain irony when the CEO of a company that makes its money from people gambling calls for more federal funding to problem gambling hotlines.

Loveman’s op-ed is a reminder that online poker has some friends in high places. If online poker becomes legalized in the U.S., it won’t be because enough people joined the PPA and wrote their Congressmen (though those things are important), it will be because people like Gary Loveman want online poker to be legal and had the right connections to make it happen.

Some Black Friday Comic Relief

Tuesday, April 19th, 2011

It’s been a pretty stressful few days for online poker players (unless you’re not an American and had no money on PokerStars and Full Tilt in which case it’s probably been a pretty good few days). Here’s some comic relief courtesy of TwoPlusTwo forum member SrslySirius who also created the great Prahlad Friedman rap video in the wake of that pro signing a sponsorship agreement with the same site he was cheated on, Ultimate Bet.

Without further ado, this is Party at the DOJ:

PokerTips Forum Member Wins $95k Pot Against durrrr

Friday, April 1st, 2011

A member of our poker forums, Seb47, recently won a $95,000 pot in a heads-up cash game against Tom “durrrr” Dwan. Seb47, whose real name is Sebastien Sabic and plays online under the name Seb86, was playing two heads-up tables against Dwan. On one of the tables, a $1500/$3000 9-Game set-up, the following hand came up:

Full Tilt Poker Game #29469556305: Table Noel Lynne (heads up, deep) – $300/$600 Ante $150 – No Limit 2-7 Single Draw – 06:25:00 ET – 2011/03/30
Seat 1: durrrr ($72,736.75)
Seat 2: Seb86 ($47,241.75)
durrrr antes $150
Seb86 antes $150
durrrr posts the small blind of $300
Seb86 posts the big blind of $600
The button is in seat #1
*** HOLE CARDS ***
Dealt to Seb86 [Ks 7d Qh 2d 5h]
durrrr raises to $1,800
Seb86 calls $1,200
*** DRAW *** (Pot: $3,900)
Seb86 discards 2 cards [Ks Qh]
durrrr discards 2 cards
Dealt to Seb86 [7d 2d 5h] [6s 3s]
durrrr is dealt 2 cards
Seb86 bets $3,000
durrrr has 15 seconds left to act
durrrr raises to $11,400
Seb86 has 15 seconds left to act
Seb86 has requested TIME
Seb86 raises to $45,291.75, and is all in
durrrr calls $33,891.75
*** SHOW DOWN ***
Seb86 shows [7d 6s 5h 3s 2d] 7,6,5,3,2
durrrr mucks
Seb86 wins the pot ($94,483) with 7,6,5,3,2
*** SUMMARY ***
Total pot $94,483.50 | Rake $0.50
Seat 1: durrrr (small blind) mucked [9d 7c 6c 4d 3d] – 9,7,6,4,3
Seat 2: Seb86 (big blind) showed [7d 6s 5h 3s 2d] and won ($94,483) with 7,6,5,3,2

Sabic lamented tongue-in-cheek in a post on our forums that he has yet to win a $100,000+ pot. We here at PokerTips will be taking up a collection for Sabic to help him get through this tough time. :)