Weekly Poker Roundup for June 25, 2018
Michael Mizrachi Wins His Third WSOP $50,000 Poker Players Championship
Michael Mizrachi made history at the 2018 World Series of Poker, becoming the first person to win the $50,000 Poker Players Championship three times. He was previously tied with Brian Rast (who he eliminated from the tournament) at two wins a piece. As a bonus bit of amazement, this was only the 13th year for the prestigious event.
Mizrachi was the chip leader at the end of Day 2 and never looked back, ending every day after that as in the lead.
“I don’t think I ever ran this good in a tournament,” he told WSOP interviewers afterward. “Everything changed the day, I think it was Day 2. I was short and I spilled coffee on the table. It was a seven-minute delay and we had to move tables. After that, everything turned around. It was a good move by me.”
Many in the poker community are debating whether or not this is actually the greatest poker accomplishment of all time. While the fields of these tourneys are fairly small, the strength of the competition plus the skill needed to perform well in many different types of games makes it a very difficult one to win even just once. Mizrachi’s third win is being compared to Dan Harrington finishing third and fourth in the WSOP Main Event in 2003 and 2004.
UKGC Fines 32Red for Problem Gambling Failures
The United Kingdom Gambling Commission (UKGC) has fined gaming firm 32Red £2 million for allowing a problem gambling to deposit more than three-quarters of a million British Pounds on the site November 2014 and April 2017.
Gaming sites are supposed to have procedures in place to not just detect problem gambling, but to investigate it further and stop someone from continuing to gamble on the site. 32Red did review the player’s account, but only did so once, in January 2017, after the customer scored a seven-figure win and proceeded to gamble the amount away. At that point, the player had deposited £500,000 in total and the site did ask for proof of income, but that documentation was not produced for five weeks. In the meantime, he was allowed to keep playing and when he did show that he didn’t make nearly enough money to support that type of gambling (£2,150 a month), 32Red still kept his account open until April 2017.
32Red is being required to repay the player £709,046 in money it made from him, pay £1.3million as a penalty of sorts, which will be used to help further the progress of the National Responsible Gambling Strategy, and pay £15,000 to the UKGC for the costs of the investigation.
Phil Galfond Provides Another Online Poker Room Update
Phil Galfond plans to launch his online poker room, RunItOnce.eu, this summer, and is that time gets closer, he has issued another update to let players know what they can expect. This time around, he discussed the idea that he and his team want players to actually have fun playing poker.
As such, he wanted people to focus on just playing poker. To that end, players will not be able to select seats at tables and will be seated automatically. This is nothing new, of course, but it sounds like Galfond had a strategic reason for it. Players will just choose the game and stakes and they will be seated automatically. This will eliminate the use of seating scripts, will allow pros to avoid spending time figuring out the perfect table and perfect seat and just get to the poker, while at the same time protecting recreational players from being stalked by pros.
Players will also not be allowed to choose their buy-in; everyone will be seated with 100 big blinds. Galfond believes this will solve the issue of short stacking and ratholing, neither of which he believes are unethical, but at the very least frustrating for other players to have to deal with. It will also help rec players with their bankroll management.
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