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Posts Tagged ‘Tournaments’

PokerStars Rolls out Early Payout Tournaments

PokerStars continues to tweak its offerings, popping the cork on a new tournament feature. And when I say tweak, I mean just a little tweak. The new feature is the “Early Payout Tournament,” which is exactly what it appears to be from the name. In an Early Payout Tournament, every player remaining in the contest receives the minimum cash amount as soon as the money bubble bursts. The tournament then proceeds as normal and when players are knocked out, they receive the difference between the minimum payout and their total payout amount. That is, they get the remainder of the payment that they are due. PokerStars displays a pop-up message at the table to remind the players that they have received the min-cash. Funds are immediately deposited in players’ accounts. While nice, I guess, the Early Payout Tournament feature is clearly not a big deal in the slightest. Everyone is

Daniel Negreanu Had Losing “Breakeven” 2017 in Live Tournaments

Poker Hall of Famer Daniel Negreanu has always been an outspoken member of the poker community and tends to be open and honest about how things are going at any given time in his career. Case in point: as 2017 came to a close, he posted his annual live tournament results on his blog, revealing that he had a losing year. Not beating around the bush Negreanu displayed the numbers right off the bat. $ 2,874,164 in buy-ins and $ 2,792,104 in payouts for a net profit of -$ 86,140. Now, for the vast majority of the world’s population, losing over $ 80,000 in a year would be devastating, and while Negreanu certainly wasn’t happy with the number, he saw it as basically breaking even. He calculated his average buy-in at $ 40,481, so ending up down about two buy-ins – to him – was almost nothing. I would LOVE

World Poker Tour to Stream Tournaments over PokerGO

In an effort to keep up with the ever-changing times, the World Poker Tour has made the decision to live stream all its Main Tour championship events over PokerGO, the subscription streaming service from the former Poker Central. “The World Poker Tour delivers the thrilling and action-packed poker programming our audience loves,” said Joe Kakaty, the president of Poker Central. “This partnership is part of our commitment to adding the best live poker programming to our already robust library of content and bringing it to our viewers around the world.” Adam Pliska, the Chief Executive Officer of the World Poker Tour, added during the announcement, “Poker Central shares the World Poker Tour’s vision of high-quality, entertaining poker content, and we are proud to have such a committed partner to showcase our events. We look forward to continuing to elevate the WPT product and invite poker fans from around the world

PokerStars Launches Spin & Go Max Tournaments

PokerStars has launched a new Spin & Go format called…wait for it…Spin & Go Max which adds a heaping spoonful of variables to a Spin & Go game. The idea of Spin & Go Max is essentially the same as a Spin & Go, but rather than the predictability of the three player, winner-take-all format every time, each game can vary from one to the next. What we are all used to with Spin & Go’s is three-handed play with short stacks and hyper-turbo blind levels. The prize pool is unknown until all players are seated and most of the time, it is winner-take-all. Spin & Go Max games mix all of that up. In the new version of the game (by the way, there are still regular Spin & Go tables), the number of players is unknown until just before the game begins. Spin & Go Max games can

Editorial: Re-Entry Tournaments? Same Crap, Different Day

Earlier this month, the traditional finale to the calendar year for the World Poker Tour kicked off its action in Las Vegas at the Bellagio. The Five Diamond World Poker Classic had all the trappings of a big time tournament poker – exquisite location, big money and tough competition at every table. What it didn’t have, however, was one of the things that is gradually disappearing from the tournament poker world – a singular buy-in freezeout format. The 2016 version of the Five Diamond, a $ 10,000 buy in tournament (also unheard of in this day and age), featured unlimited “re-entry” until the start of the NINTH level of play in the tournament (prior to the end of the second day of the event). Per Keith Kwazar, the statistician for the WPT, there were plenty who took advantage of this “re-entry” rule. Of the 791 entries that were received, there