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Poker News | World Poker News

Splashing the Pot – WSOP Kicks-Off, Wall Street Recruiting Poker Players…

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Splashing the Pot captures the foam created by the disturbance and turbulence of action, action, action, and is filled with tidbits above and beyond the victories and beats and adds a little spice to the game of poker.

Hoai Pham Becomes First 2010 WSOP Winner; $50,000 Poker Players Championship Eight

Hoai Pham defeated a field of 721 of his peers to win event #1 of the World Series of Poker, the $500 Casino Employees No Limit Holdem tournament.  Pham enjoyed a nice rush of cards, including the last hand when his {A-Clubs}{A-Diamonds} dominated the {4-Spades}{4-Clubs} of second place finisher Arthur Vea.  On top of earning the first bracelet of the series, Pham earned $71,424.

The $50,000 Poker Player’s Championship is down to eight remaining players.  When play resumes for Day 5 of the tournament at 3 p.m. David Baker leads the pack with 3,095,000 chips.  Michael “The Grinder” Mizrachi and Robert Mizrachi have made the final table, it’s the second time in the history of the WSOP that two brothers have accomplished this remarkable feat.  The first were Robert and Barny Boatman in a Pot Limit Omaha event in 2002.  It’s been well documented as of late that the Grinder could be facing serious financial trouble, so a victory in this event with a first place prize of $1,559,046 could go a long way towards alleviating those problems.  

Other events currently taking place, are Event #3 $1,000 No Limit Holdem, Event # 4 $1,500 Omaha Hi-Low Split-8 or Better, and Event #5 No Limit Holdem $1,500.

Despite UIGEA Bill, California Paves Way to Legalize Online Poker

On June 1st the Unlawful Internet Gambling Enforcement Act is set to become law, but hardly anyone in the world of poker knows exactly what that means for the game.  Despite many fearing the UIGEA, the state of California is still going through with plans to legalize online poker.

The bill, introduced by senator Rod Wright, has been marked “urgent,” mainly because with $19 billion in debt the state of California is looking for new ways to help their financial situation, and fast.  The bill will appear in front of California legislatures on June 1st, the same day the UIGEA is set to come into effect.

Pro-Internet Gambling Rally on Washington Supreme Court

Last week the Poker Players Alliance had a meeting at the Washington Supreme Court, which was followed by a rally that took place in front of the Supreme Court.  The exact figure of people who attended is unknown, but reports say it was a “significant” gathering.  Following the rally the PPA sent out an official statement thanking “the turnout of poker players who joined us this morning on the steps of the Supreme Court to support Mr. Rousso’s case.”

Lacey Jones Parts with Absolute Poker After Just 10 Months

It came as quite a surprise to the poker world that Lacey Jones and Absolute Poker parted ways, especially considering the WSOP was just about to get underway.  No reason was given by either side, with Absolute only releasing a brief statement stating the split was “amicable” and that they wished Lacey “only the best in her future endeavors and know that she will be successful in whatever she chooses.”

While Lacey wouldn’t say, many guess she has another deal in the works.  Instead she wrote, “Today is a new chapter of my life and I’ve never been more excited! Get ready for some BIG things everyone!”  

Dan “danloulou” Smyth Among Winners on Slow Sunday

With many of the top online poker players in Las Vegas for the start of the WSOP, many of the top online tournaments saw a big decrease this Sunday.  However, for those that did play there was still plenty of money to be won.  Additionally, a few online pros made time to play the big online events because of the even bigger edge they had from those not playing.  One of those taking advantage of the softer fields was Dan “danloulou” Smyth who won $215,555 for winning the PokerStars Sunday Million. 

Other big weekend winners include Ryan “ryanghall” Hall who took the lion’s share of the money in the PokerStars Sunday Warm-up, collecting $110,790.64 after a chop.  “mrfsy” earned $132,787.50 for winning the Full Tilt $750,000 Guarantee, and “Sirocko” added a tidy $93,980.16 for winning the Full Tilt Sunday Brawl.

Hard Rock Poker Room Announces High Stakes Cash Game First Friday of Each Month

The Hard Rock Poker Lounge in Las Vegas has recently announced they will have a high stakes cash game the first Friday of every month.  The buy-in will be between $20,000 and $50,000, with the blinds starting at least at $25-$50.  The first game will be held on Friday, June 4 at 7:00 p.m.

European Poker Tour Uses Sit-and-Go to Determine Mixed Game Award Winner

At the beginning of the month the European Poker Tour announced all of their award winners following the season, except one.  Because of an eight way tie for the Mixed Game Award, the EPT needed some time on how to determine the winner.  Eventually they decided on an eight person sit-and-go with the winner earning the honors.   

Katja Thater took down the field that included Alex Kravchenko, Ben Kang, and Scott Clements, among others.  In addition to earning honors as top mixed game player on the EPT, she received a free ticket to the first event in season 7 in Tallin, Estonia, which is where she will be presented with her trophy.

Wall Street Seeking Professional Poker Players

It’s almost cliché to say it at this point, but many people believe that if you are successful at poker you can probably succeed in anything you try.  Wall Street is hoping this to be true, as it has been recently been documented that they are hoping to recruit poker players to come work for them. 

Danon Robinson, a partner at Toro Trading, has shown just how important it is, saying it’s a “red flag” if a potential employee doesn’t have prior poker experience, comparing it to not reading the “Wall Street Journal” on a regular basis.

*Read Billy Monroe's Blog*

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The IRS Scores Big at 2015 WSOP ME Final Table

The IRS managed to snag 34.13 percent from the payouts of the 2015 November Nine, totaling $8,467,091.

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