Posts Tagged ‘WSOP’

Lynn "Queen of Hearts" ParisLynn “Queen of Hearts” Paris

I have referred on many occasions to the vast sums of money that can be made playing poker. It never ceases to amaze me that a player can come in ninth in the WSOP Main Event and wind up winning $1 million. When can you ever place ninth in anything and walk away a millionaire? Or turn the $100 you walked in with into $5000 in one night?

But I never thought about how many losers there are in the game, especially among professional poker players. It seemed too obvious to mention – clearly for every big winner there have to be a ton of losers. But it’s not just about the percentages, or about losers on a particular night or in a particular high-stakes tournament. I’m thinking about serious, highly ranked poker players who have gone broke . . . and never came back from that.

In fact, according to a recent article by Alan Schoonmaker in Card Player Magazine , “If you’re a pro, you have a much higher probability of dying broke than members of other professions, including people who earn much less than you’re winning now.”

Yes, there are many pros that were extremely successful; former WPT and WSOP champions and bracelet winners like Johnny Moss, Stu Ungar, Dave ‘Devilfish’ Ulliot and Gavin Smith to name a few, that not only lost it all and spent their final years penniless, but they also died broke.

How could that happen? Why didn’t they always save a portion of their winnings for their old age? Why weren’t they at least eligible to receive social security and Medicare?

The answer, according to Schoonmaker, is too much self-confidence, otherwise known as arrogance. That’s when you ignore the rules, thinking you don’t have to save money or pay taxes like normal people, believing instead that there will ALWAYS be another huge pot to count on every time you take a seat at a poker table.

Sometimes, there isn’t.

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Pocket Bullets ParisJim “Pocket Bullets” Paris

The dates for the 50th Annual World Series of Poker have been announced. Poker’s most well known and extremely popular poker tournament series is now set to take place from May 28th to July 16th, 2019. As usual the series will take place at the Rio All-Suite Hotel & Casino in Las Vegas and as of now it is expected to award more than $200 Million Dollars.

There will be a special Historic Event in honor of the tournament’s 50 Birthday that is currently slated to start on opening weekend, May 30-June 2. This will be “The Big 50” -$500 buy-in, 50,000 chips, and 50-minute levels with a $5,000,000 million guaranteed prize pool & $1,000,000 to the winner.  “We’re excited to commence our golden event,” said WSOP Executive Director Ty Stewart.  “We expect our opening weekend Big 50 event to be one of the largest in our history, and certainly one of the best value tournaments ever offered.  This is part of our concerted plans to make the 2019 WSOP a better value all-around.”

There will also be lots of new events added to this year’s WSOP. To me, one of the coolest new event additions has to be a $1,000 buy-in Mini Main Event. Beginning a couple of days before the $10,000 buy-in actual Main Event gets on the way, the Mini Main Event will begin Monday, July 1 and Tuesday, July 2. Like its bigger namesake counter-part, the Mini Main Event will see players start with 60,000 in tournament chips and features the same blind structure with the only difference being a 30-minute  instead of 120-minute levels.

The popular Colossus event is back, with starting days on Wednesday, June 26 and Thursday, June 27. The Colossus will be the lowest-priced gold bracelet event on the 2019 schedule, with a $400 buy-in – down $165 compared to last year’s $565 buy-in. It comes with 40,000 in starting chips and will play 40-minute levels throughout. On June 28 the survivors see the field combined for Day 2 with the final table scheduled for Saturday, June 29.

There will be One-Day Super Turbos, the only live way to earn a bracelet in a day at the WSOP. In the $1,000 version, each player is a $300 bounty, while in the $1,500 version, each player is a $500 bounty.

Nearly 500 poker tables will be set up across more than 100,000 square-feet of ballroom space to accommodate the thousands of players from around the world who attend poker’s annual series of tournament events.

Individual event online pre-registration won’t open until March/April after all events have been determined and approved by regulators. WSOP.com’s real-money online poker offerings in New Jersey and Nevada will be the exclusive online home for players in these states to win seats into WSOP events, including the Main Event, as well as to participate in the exclusive online WSOP official gold bracelet events.

The full event-by-event schedule is expected to be released sometime in the first quarter of 2019. All above-announced dates, times, and events are subject to change, according to the WSOP press release.

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Pocket Bullets ParisJim “Pocket Bullets” Paris

We been asked many time who we thought were the best WSOP poker players for a particular year. There are way too many players we have followed who are serious contenders to make our personal list. Nevertheless, we thought you would appreciate learning who has in fact made it to the top of the hill to be considered the best of the best WSOP Players over the last five years.

WSOP Player of the Year AwardSo here are the last six Players of the Year :

2013 — Daniel Negreanu roared mightily that year, winning two bracelets, making four final tables and cashing 10 times. (Negreanu also was POY in 2004.)

2014 — George Danzer outran a lot of players to earn three bracelets, hitting five final tables and cashing 10 times.

2015 — Mike Gorodinsky made it through even though he only grabbed one bracelet for the year, making three final tables and cashing out eight times.

2016 — Jason Mercier won two bracelets, playing strong enough to reach four final tables and cashing a whopping 11 times.

2017 — Chris Ferguson who has been around seemingly forever picked up just one bracelet, making four final tables and cashing an outstanding 23 times.

Shaun Deeb 2018 WSOP Player of the YearAnd that brings us to 2018 and Shaun Deeb. We have been watching Deeb for several years now, and have always appreciated his slo-roll playing style. This year he finally picked up what many consider to be the most coveted award in the world of poker. He also took with him two bracelets, cashing an outstanding 16 times, and banking $2.5 million this year, the most ever for the Player of the Year.

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Pocket Bullets ParisJim “Pocket Bullets” Paris

Whether they are playing the part of a poker player on the big or little screen, or whether they are playing in a real poker game, these are some of our favorite film and TV actors who truly love the game of poker almost as much as we do.

You can see their love and joy at poker tables around the world, as Kevin Hart was heard saying “I love to live, love and laugh. I want to bring this energy to the game of poker. And when I do this, poker will be elevated.” And Aaron Paul stated “I’m obsessed with gambling, winning and losing money! What’s so great about poker is that you can play it for your entire life. You can play against a pro and sometimes win. It’s unlike any other sport. And I think it is sort of like a sport.”

We could go on and on about the love celebrities have for the game but that would fill an entire book … maybe we’ll write that poker book in the future but for now here are just a few of our favorite celebrity poker players:

Kevin HartKevin Hart has only pocketed about 50 Grand playing poker but his love of the game keeps him going whether it is win, lose, or draw I think we will be seeing him making the rounds of poker rooms everywhere for a while.

 

Aaron PaulAaron Paul made his debut in the Global Poker League’s revolutionary Cube, as he played for his L.A. Sunset team versus Fabrice Soulier of the Paris Aviators. We loved him in his part as Jesse in “Breaking Bad,” as the cult leader in “The Path” and now follow him through his poker adventures.

 

Matt DamonMatt Damon has been around poker for quite a while and he sure knows how to play, perhaps he picked up more than we suspected in his role as the genius reformed gambler in the poker classic, “Rounders.”

 

Ben AffleckBen Affleck has stated that it was what he learned from his poker coaches, Annie Duke and Amir Vahedi that hooked him in. He won the $10,000 California State Poker Championship tournament at the Commerce Casino in 2004 for a first prize of $356,000.

 

Jennifer TillyJennifer Tilly won the 2005 World Series of Poker Ladies Only Event and took home the much coveted Gold WSOP Bracelet, forever placing her name in our Poker List of top players. She has now earned better than $800,000 and is still going strong.

James WoodsJames Woods has been one of my all time favorite actors and he’s not that bad of a poker player. He’s been playing for quite a while and has picked up more than $300,000 in poker winnings.

 

Texas Poker Store Poker Chips

We will continue this list in our next blog posting in a few days. Right now we have to rush out to one of our local home games and we promised to contribute a case of our Texas Poker Store Poker Chips.

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