Weekly Poker Roundup: January 8, 2016
Byron Kaverman Wins 2015 GPI Player of the Year
We won’t go so far as to say that it was anticlimactic, as there was still room for the standings to change at the end of December, but what looked like was going to happen happened: Byron Kaverman won the 2015 Global Poker Index (GPI) Player of the Year award.
The GPI assigns scores to a player’s live tournament cashes, factoring in the tournament buy-in and where the player finished relative to the field (meaning a win in a 1,000 player tournament was worth more than a win in a 100 player field). As long as the tournament had at least 21 players, a buy-in of at least a dollar, and the player cashed, a score was awarded.
Kaverman cashed in 20 tournaments in 2015 and made the final table in a mind-numbing 15 of them. He earned 4,736.90 points in the GPI POY rankings, with his highest score – 550.31 – coming from a first place finish in the European Poker Tour Malta No-Limit Hold’em High Roller Event. His biggest cash, though, came when he won a bracelet in the 2015 World Series of Poker $10,000 No-Limit Hold’em Six Handed Championship, a victory which earned him $657,351.
Kaverman also ended the year on top of the overall, three-year trailing GPI rankings and has been in the top spot for nearly four months.
“ismo<3seppo” Wins PokerStars Yearly TLB…Again
In a different, yet just as impressive tournament ranking, player “ismo<3seppo” won the PokerStars 2015 Yearly Multi-Table Tournament Leaderboard, incredibly the third straight year he has accomplished the feat. In 2015, the Finn won 109 tournaments on PokerStars and finished in the top ten 567 times. For reference, I think I have won two multi-table tournaments in my online poker career, and those had fewer than 100 players each.
In addition to the boatloads of money he likely won in the tourneys, ismo<3seppo received $35,000 for finishing atop the leaderboard, a year’s worth of $215 Sunday Million tickets, $5,000 worth of major online tournament series (like the World Championship of Online Poker) tickets, and an entry into a $75,000 freeroll.
Tournament Leaderboard points are awarded to the top 15 percent of finishers in regular multi-table tournaments on PokerStars and vary based on the tournament’s buy-in, the number of players, and a player’s finishing position.
Fossilman Looking for Backers
2004 World Series of Poker Main Event champ Greg “Fossilman” Raymer wants you to join him in his quest for poker fame and fortune this year. Well, to be exact, he wants your money. Raymer recently announced that he is seeking investors to help fund his poker play for 2016.
Posting his staking package on YouStake.com, Raymer wrote, “Since I no longer receive a guaranteed source of income, my wife has become more nervous about poker… and is worried that I will start losing.”
“So, to make her happy, I have chosen to sell off a big piece of my bankroll, so that my downside risk is a lot more limited (and my upside potential, but try explaining that to her, lol). Even though this move is costing me EV, it is worth it because it provides marriage EV. Happy wife, happy life!”
Fossilman has set a goal of $100,000, with $20,000 of that coming from his own pocket. According to his YouStake page, he has also received $30,000 from outside backers. With posted pledge total of $55,335, which includes a $2,500 “YouStake discount,” it looks like not many people have taken him up on his deal yet.
In explaining how the backing deal would work, Raymer said that he would receive 40 percent of any net winnings, while investors would split the other 60 percent proportionally based on how much each person contributed. He plans on playing both tournaments and cash games and though he says he will play “sensibly,” he also will not play “in accordance with any exact rules.”
Online Poker Bill Not Voted Upon in California Hearing
The California House of Representatives Governmental Organization (GO) Committee passed AB 1437 on Wednesday by an 18-1 vote. The bill would legalize and regulate daily fantasy sports (DFS) in the Golden State. It is relatively standard as far as gaming bills go, permitting DFS operators to take action in the state provided they are licensed (along with the requisite licensing fee) and pay a portion of their revenues to the state. Players would have to be at least 21-years old to participate, which would not sit well with college students, a demographic amongst which DFS is very popular. Then again, with the current outlook for DFS dim, regulation and legality with that age restriction is better than no DFS at all.
But this is a poker news roundup, so why are we talking about DFS? As it turns out, online poker was supposed to be on the docket, as well, but the “Cali 7” group, an alliance of uncompromising tribal nations, pressured the GO Committee into removing poker from the agenda. These tribes want severe limitations on who can offer online poker in the state (read: they want as much of the pie to themselves). They want pari-mutuel facilities to be on the outside looking in and to have a “bad actor” clause included, which would mean PokerStars could not participate.
AB 147, the online poker bill that would have been voted upon, was an attempt to find a compromise amongst all stakeholders. It did not include a bad actor clause and did allow racetracks to apply for online poker licenses. The Cali 7, though, essentially wants online gambling all to themselves. So for now, it’s a no-go.
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