Category Archives: Poker News

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Should Poker Pros Be More Practical with Staking Markup?

Posted on by RTR Dennis

Poker tournament pros typically offer staking deals to potential investors with a markup. The markup is the price that tourney pros charge based on their history of success. For example, a poker pro who sells 50% of their action at 1.2:1 markup is asking investors to cover 60% of the buy-in(s). Meanwhile, both sides will still split 50% of the profits. These types of staking deals ramp up around WSOP time. But a few of this year’s packages have drawn serious criticism. In particular, Johnnie “JohnnieVibes” Moreno and Allen Kessler were bashed by certain pros over their markup asking prices. …

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Will 2019 Be the Last Year the Rio Hosts the WSOP?

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The Rio All-Suites Hotel and Casino has been hosting the World Series of Poker since 2005. However, recent rumors suggest that the world’s largest poker extravaganza might need a new home after 2019. According to a Las Vegas insider, the Rio could be sold and demolished in the near future. Caesars Entertainment will undoubtedly need to search for another location in this event. That said, let’s discuss the rumors involving the Rio and where the WSOP might end up. Rio Could be Sold to Make Way for a High Speed Train The Rio All-Suites Hotel and Casino isn’t the newest …

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Randy ‘nanonoko’ Lew Leaves PokerStars – Tired of Daily Grind & Streaming

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Randy ‘nanonoko’ Lew was a sponsored pro with Team PokerStars Online for almost a decade. However, he recently made the decision to part ways with PokerStars. Lew has made his name by putting in an insane amount of volume on the Stars cash tables. Nanonoko has also become one of the most-prolific Twitch streamers. But he’s tired of the daily grind and having to constantly stream his sessions. You can see more about Lew’s decision to leave PokerStars below, along with a recap of his outstanding poker career. Lew Grateful for His Poker Profits & Friends Nanonoko and PokerStars appear …

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2019 WSOP Europe Schedule Officially Complete – See New Tournaments

Posted on by RTR Dennis

The 2019 World Series of Poker Europe (WSOPE) schedule is officially set after some revisions. This premiere tournament series will feature 10 bracelet events running from October 13 to November 4. These tourneys will combine to offer €14 million in guaranteed prize money. King’s Resort in Rozvadov, Czech Republic will once again serve as the WSOPE host for the third straight year. This is no surprise when considering the WSOP’s desire to make King’s Resort a long-term home. WSOP Directly Gregory Chochon gave some insight into why they like the remote Czech Republic location so much. “We are eager to …

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5 Biggest Challenges Facing Online Poker Today

Posted on by RTR Dennis

Online poker definitely isn’t at the peak it was over a decade ago. Traffic has gradually declined, and the industry has consolidated into fewer sites. But does this mean that internet poker is doomed to keep shrinking year by year? Not exactly. In fact, the industry could start growing again if the right things happen. The only problem, though, is that the game has some distinct challenges facing it right now. Here are five obstacles that online poker must overcome to get back on the path towards growth. 1. Bots Bots, which are programs that can play online poker for …

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Liv Boeree Discusses Skill and Luck in TED Talk

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Liv Boeree knows a thing or two about skill and luck. She’s been a professional poker player since 2009 and has managed to earn $3.85 million in live tournament winnings since then. Boeree isn’t playing as much poker recently. However, she still has plenty of knowledge on the game thanks to her lengthy career. The TV presenter and speaker recently put her knowledge on display during a TED Talk. She discussed whether it’s better to be lucky or skilled on the path to success. Here’s a look at the highlights from her talk. Life Is Like a Game of Poker …

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Americas Cardroom hashes out $1.3 Million High Five series

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If you’re looking to smoke your opponents, you’ll want to log on to Americas Cardroom from April 17th to 21st. That’s when the US-facing poker site is running the latest installment of its popular High Five Tournament Series. The High Five will take your bankroll higher with 25 added tournaments (5 per day) and $1.3 Million in total guarantees. While the High Five has tourneys starting at just $1.05, the high point will be the $420,000 GTD Main Event on Sunday, April 21st at 4pm ET. You can buy a seat for $420+30 or satellite your way in for less. …

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Even Social Online Poker Is Infested with Bots

Posted on by RTR Dennis

Real-money online poker has dealt with a serious bot problem for several years. But now, it seems that social-poker is also running into the same dilemma. As you may know, poker bots are programs that automatically plays hands for the user. These programs have become a larger pain, with their collective skill levels growing stronger. It stands to reason that bot owners would only want to employ these programs in real-money games. However, Zynga, the world’s largest social-poker site, has recently reported that A.I. is now after play-money chips too. Zynga Reveals Bot Problem through Conference Call Zynga recently had …

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Poker Pro Uses Winnings to Launch “Uber for Logistics”

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Many poker pros stick with the game until they no longer find it profitable. Shing Chow, on the other hand, has chosen to take his poker profits and start a business. Chow began his early adult life working for Bain & Co., a management consulting company in Beijing. But after three years, he grew bored with the job and quit. He’d been playing poker recreationally up to this point and decided to turn pro. Chow played professionally for eight years, racking up 30 million yuan (£3.4 million) in cash-game profits. He then used a large portion of his winnings to …

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Maria Konnikova Discusses Realities of a Poker Tournament Pro

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Maria Konnikova had an unconventional start to her poker career. She didn’t grind her way up from the low stakes or master online multi-tabling. She instead began playing poker as part of research for her upcoming book, The Biggest Bluff. A funny thing happened, though. The New York-based writer, who has a Ph.D. in psychology, started winning — and winning big. She won a 2018 PokerStars Caribbean Championship (PCA) side event for $84,600. Two months later, she booked a second-place finish in a 2018 Asia Pacific Poker Tour (APPT) Macau event, which was good for another $57,519. Despite being a …

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