Epic Poker Struggles With Attendance In Second Main Event
The Epic Poker League was born out of the notion that the best professional players in the world would be able to compete on a semi-regular basis for large amounts of tournament prize money. The pros felt that the member-only league, would eliminate so many amateurs snatching up prize money at tournaments around the world.The first event was a success, with 127 players entering. The second event, however, started this past week and the numbers were way down. Less than 100 players signed up to participate in event number two. Several reasons have been mentioned, but one stands out for many poker analysts. The prize money is simply not large enough.Players travel around the globe these days searching for tournaments and cash games where there is a big risk-reward factor. The reward in the second event of the Epic Poker League is over $700,000, but that is not enough to draw a crowd. Despite the low participant figures, some of the games biggest names did show up and compete. Mike Matusow, Phil Hellmuth, David Williams, Tom Dwan, Erik Seidel, and Huck Seed.Matusow appears to be the player that is moving forward with the biggest desire to win. The Mouth, as he is affectionately known, did not find a backer for the first Epic event, so he sat out the tournament. He is making his presence known in event two, with frequent tweets and even more verbal assaults at the tables.Poker was on the upswing in the US until the Department of Justice threw a wrench in the plans of millions of Americans. The top online poker sites in the world were indicted on Black Friday several months ago, and they soon after left the US market. That left millions of poker playing US citizens without a reliable place to play online.Thousands of poker enthusiasts had made online poker their occupation during the 2008 economic recession. With online gambling prohibition as strong as ever in the US, many of these poker players took to other countries to enjoy the game they had grown to rely on for income.Lawmakers in the US are slowly working towards a resolution to prohibition. Bills are on the table that would regulate online poker, and possibly allow the biggest poker sites in the world back into the US market. It is likely that US-based gaming companies would get the first crack at any licenses that come available for online gambling. September 8, 2011Posted By Tom JonesStaff Editor, CasinoGamblingWeb.comSubmit News!
Archive for September, 2011
Epic Poker Struggles With Attendance In Second Main Event
Poker players take to the casinos in huge numbers
by Thursday ,25 Aug 2011 In the wake of Black Friday many US poker pros have been making regular trips to the local casino The events of April 15th that have come to be known as Black Friday have left a huge mark on the online gaming community of North America. It is estimated that tens of millions of American citizens enjoyed playing poker online and thousands made their living from the game. An elite few were “fully sponsored pros” meaning that they were able to play with someone else’s money and split the profits. When the online game was taken away from citizens of the United States the thousands of men and women who depended on online poker for their livelihood were left without a source of income. Former online players have dealt with these changes in a number of ways. Some have left the United States for Canada and other countries where it is legal to play, others have gone to the local casinos to play in live tournaments and tables leading to a massive increase in the number of players playing live. One former fully sponsored pro poker player is Bryan Trischetta. The fact that he can’t play online anymore ensured that he had to start making regular visits to Mohegan Sun at Pocono Downs casino room to make some money. “It’s a numbers game,” He says of poker, the game he used to play on as many as 10 tables at the same time. “The more you play, the better you do.” Bryan’s highest place finish since playing live casino tables was $3,176 for a 6th place finish at the Mohegan Sun which was the biggest tournament in the history of the casino. “Until Black Friday, I came here to get away,” Trischetta laments. “Now, I’m coming all the time, primarily to play the tournaments.” Trischetta is still looking to produce the kinds of results that he was able to come up with everyday online and has done well in the events held at the casino having cashed in three of the four biggest events the Mohegan Sun has held since Black Friday. Each time he cashed he made it to the final table coming seventh out of 119 in April for $1,154 and ninth out of 102 in May for $618 in the $285 buy-in events. There are many players in the same position as Bryan, all of them attempting to make a living in the casinos of the United states.
Poker Network Ongame B2B Up For Grabs
by Thursday ,21 Jul 2011 Bwin.Party Digital Entertainment has decided to sell Ongame B2B poker one of its biggest assets While shockwaves are still being felt in the poker world after the events of Black Friday, when the United States effectively closed its doors to online poker, different gaming sites are responding to the change in different ways. At Bwin.Party Digital Entertainment the decision has been made to sell of one of its biggest assets in the form of the Ongame B2B poker network. The sale is expected to have been finalised by December 2011 if not before.Shareholders will be formally informed of the decision and the ramifications of that decision at the company’s Annual General Meeting (AGM) in Gibraltar. This news comes in the wake of disappointing numbers of players migrating to the poker network after Full Tilt Poker and the Absolute Network ceased being able to provide online poker to clients. Since not many players made the leap to t B2B network and it appears that another company is going to have the opportunity to build it up into a poker monolith.It hasn’t been a bad time for Bwin.Party Digital Entertainment whose share prices have soared over 11% since the closure of Full Tilt Poker. At the moment anyone with a poker site should be expecting an influx of former Full Tilt Poker players. That site had an average of 9,000 players sitting down at the virtual felt at any given time, all of whom are now going to be looking for a new place to play.The site that is expected to make the biggest gains from the changes in the poker world is Poker Stars, already the biggest poker site. With their biggest rival unable to offer any online services at the moment Poker Stars have made announcement after announcement to reassure players that their money is safe with them. Other gaming sites that are expecting to cash in on the demise of Full Tilt include William Hill Poker. Being a high street brand they can expect that UK players especially will be flocking to them as a known and trusted entity.William Hill Poker is on the ipoker network which is expecting to do well across all of its sites and has also begun emphasising the safe way in which it holds players funds for them while they play. For players it is both a worrying time for those who have their money locked away in the virtual vaults of Full Tilt but it is also a buyers market as sites all over the web begin new promotions to attract the surplus of players who now have to decide which site to switch to.