Posts Tagged ‘WPT’

Lynn "Queen of Hearts" Paris

We brought the heads-up Poker grudge match between Doug Polk and Daniel Negreanu to your attention in our early November blog. It’s still going on!

It was clear that online poker was not DNegs’ strong suit, since his amazing accomplishments include six time WSOP bracelet winner, two-time WPT champion and years of cash game success. He was also not known for his heads-up play, although he says he’s been practicing.

Polk, on the other hand, has been the dominant force in high stakes heads-up play, earning props as an online legend, while also earning over $9 million in live poker tournaments. He retired from an active career in 2018 but he couldn’t resist challenging Negreanu to play at least 12,500 hands of $200/$400 HU Texas Hold’em (with the losing player having the option to extend the match to 25,000)

Doug Polk vs Daniel Negreanu

Both players have shown incredible fortitude, with Polk close to ending the match several times, but Kid Poker continued to fight back. Polk, as the favorite, definitely had the edge in the poker world, with numerous side bets on him, making his win financially imperative. But don’t count Negreanu out, who admits that he would love to win, if only for bragging rights.

The end of this match is fast approaching. Yesterday, the players reached 23,306 hands with Polk up, overall $945,804. The remainder of the match (plus all prior hands) can be caught live streaming on Doug’s YouTube channel and Upswing Poker’s Twitch channel. https://www.youtube.com/watch?v=lLygXH3vIAU

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Lynn "Queen of Hearts" Paris

Lynn “Queen of Hearts” Paris

If you are risk averse, like me, and afraid to lose money while learning how to play poker, you need a reliable, free online poker site. According to Pokernews.com, the best of the best for free poker games with no registration is the WSOP Poker app. PokerNews

Obviously, lots of poker players get started on “play money” sites on their desktops and on mobile apps to develop their skills, learn how poker works and what it feels like to engage with poker players all over the world in games of Texas Holdem or Omaha. This is where you can try out all the tips you got from reading Jonathan Little’s blogs or studying videos of Fedor and Negreanu. It’s really the safest way to hone the poker strategies you’ll need in order to win before you start playing with real money.

World Poker TourOther well-known free sites are Zynga Poker and the WPT (World Poker Tour). They both have options to play for fun, or in the case of WPT, real money. However, you have to join ClubWPT to play for real money.

Others (like PokerStarsPartyPoker, and 888Poker) combine free poker games and tournaments with real money ones – so you can have an authentic ‘full poker experience’ always playing on the same website.

World Series of PokerOf course, U.S, players can’t play for real money in most states because it’s –unbelievably – still illegal. For example the WSOP online app allows you to play for real $$ if you live in Nevada.

Have fun at your favorite poker tables whether you’re practicing or playing for real money.

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

Exotic -sounding places like Macau, Montenegro and Malta represent just a few destinations for big-name professional poker players to travel to, sit down at the poker tables and win big. With poker becoming even more of a big deal all over the globe (consider the recently-formed GPL-India, GPL-China and GPL-Brazil) that’s a lot of frequent flier miles!

Take the 2017 Triton Super High Roller Series, for example. The Triton series began in January 2016 as part of the WPT National Philippines. That event broke records for WPT as its highest buy-in event ever, at US $200,000 per entry. With 52 entries, my boy (GPL team member of the LA Sunset) Fedor ( @CrownUpGuy) Holz came away with the title and a whopping prizepool of US $3,072,748.

Naturally, when I was looking over the current SHR event happening now in Macau, I couldn’t help but notice that Fedor Holz had made the final table again. In fact, he’s in second place with 4,325,000 chips while the chip leader is Spanish phenom Adrian Mateos, with 4,785,000. Up for grabs is the top prize of $2.872 million.

The rest of the final table consists of Dietrich Fast (3,370,000), Kahle Burns (2,625,000), Timothy Adams (2,185,000), start of Day 2 chipleader Stephen Chidwick (1,395,000), Isaac Haxton (1,075,000), and Poker Hall of Fame member John Juanda (990,000).

And this is just one final table at one tournament. Poker is being played non-stop, everywhere (including Montenegro where the second in the 2017 Triton Super High Roller Series took place, with the win by Manig Loeser from Germany.)

Follow the poker players and you’ll see the world. You might even be able to point out Montenegro and Macau on the map!

Send me your comments or thoughts!