Weekly Poker Roundup: October 23, 2015
DFS Fallout Affecting Poker
If you are on this site, odds are you are at the very least interested in online gaming. Thus, you are probably fully aware of all the controversy swirling around daily fantasy sports (DFS). Unfortunately, some of the bad DFS juju is starting to rub off on poker. This week, two poker-related advertising deals have gone south.
In Nevada, DraftKings and Caesars Entertainment have agreed to remove all DraftKings advertising from the World Series of Poker. DraftKings was actually the one that suggested the move, which is almost certainly a result of the Nevada Gaming Control Board (GCB) stating that DFS constitutes gambling and therefore DFS sites must be properly licensed in the state. After the GCB’s announcement, DraftKings and its main competitor, FanDuel, withdrew from the Nevada market.
With the November Nine coming up soon, those who have been watching the WSOP on ESPN will likely notice the absence of advertisements. One person who may be particularly affected is November Niner Max Steinberg, who won his seat in the WSOP Main Event via DraftKings and has been wearing a DraftKings patch at the tables.
Across the country, the Philadelphia 76ers NBA franchise announced that it has ended its advertising deal with partypoker. Though online gambling is not yet legal and regulated in Pennsylvania, Philadelphia is close to the New Jersey border, just an hour’s drive from Atlantic City. The 76ers have a significant fanbase in South Jersey, so the visibility partypoker stood to gain was not insignificant, especially if online poker does get up and running in Pennsylvania in the future.
Federico Butteroni Getting Assist from the GOAT
Speaking of the WSOP, Phil Hellmuth announced this week that he will be coaching November Niner Federico Butteroni in advance of the WSOP Main Event final table. Hellmuth made the announcement in a video, sponsored by 888poker:
“I’m really excited to announce today that I will be coaching Federico Butteroni at the final table, the November Nine, and he’s gonna meet me in Manhattan. On November 1st, we’re going to coach for five days in Manhattan and then he’s gonna play in my charity poker tournament and we’ll have him ready to go.
I’m really looking forward to it. I think Federico…16 blinds, doesn’t have a lot of chips, but he thinks a lot like I do. He has a great story and let’s see what happens. I need Federico to RUN IT UP! November Niner, coaching, let’s do this!”
Butteroni goes into the final table with the shortest stack, just 6.2 million chips, though that is nearly a tie for eighth place. Leading the November Nine is Joe McKeehen with a dominating stack of 63.1 million chips, more than twice as many as the second place Zvi Stern.
Butteroni is guaranteed at least a million dollars for his appearance at the final table, even if he busts out on the first hand. He has said that his goal is to double-up within the first 20 hands and if he does so, he is confident he could make a run at the top three. Going into the Main Event, Butteroni had about $100,000 in lifetime live tournament earnings.
PokerStars Spin & Go’s Are a Year Old
PokerStars is celebrating the first anniversary of the launch of the ever-popular Spin & Go’s by giving players increased chances at winning a million dollars. Now, “increased chances” in this case means “not zero,” but it is still something.
Two new, temporary buy-in levels have been added: 50 cents, called “Bronze,” and five dollars, called “Silver.” Each has a top prize of $1.2 million, with $1 million going to the winner. The chances of winning either grand prize are basically nil – 3 in 100 million for the Bronze level and 3 in 10 million for Silver – but one jackpot spin has already been hit at a Silver table. There is a Gold level, as well, but it is the same $100 buy-in as always.
Players can also win free entries into the special Spin & Go tourneys by completing daily challenges: play in a real money scheduled tournament, play in 30 real money ring game hands, or play three real money Sit & Go’s. When each of these is accomplished in a given day, players are awarded an entry to either the Bronze, Silver, or Gold Spin & Go’s. Most of the time – 95 percent – the prize will be a Bronze entry. Silvers will be handed out 4.9 percent of the time and Golds will be quite rare, with a 0.1 percent drop rate.
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