Posts Tagged ‘Poker Stars’
by Bridget Wright | Published: Tuesday, August 26th, 2014
Pokerstars announced at the beginning of the week that its 2015 PokerStars Caribbean Adventure will feature two new “Double Bubble” tournaments. In these new events, PokerStars will stretch the payout structure so that more players can take home a cut of the prize pool. In fact, prize money will be distributed to 50 percent of the field rather than the typical nine final table players.
“Most of us in the business have come to believe that paying out more of the field is better,” wrote PokerStars’ Head of Poker Communications Lee Jones. “That is, increasing the number of players who get something back is preferable to putting an extra bonus on top of the already staggering size of the prizes at the top.”
So working from that belief, and with the goal of awarding paid places to as many players as possible, PokerStars developed the “Double Bubble” tournaments. How they work is that the introduction of a second bubble gives half the field the possibility to take home some prize money. The name itself is “borrowed and adapted” from the name of a classic brand of American bubble gum.
Under the new format, half of the original starting field will receive a refund on their buy-in amount as soon as that point is reached in an event. The players that reach this level will immediately be refunded, without wasting time in queue at the cashier.
“When we get down to half the field, we’re going to return the original buy-in to all remaining players,” Jones explained. “So suppose it’s a $1000+$100 event with 80 runners. When 40 players are left, we walk around and drop $1100 in cash (or chips) in front of each of the remaining 40 players.”
When this cash giveaway is complete, all the remaining players will restart play to reach the second bubble, which marks the moment when the people still in play will be able to add extra money to their buy-in refund.
“The money that’s left is distributed in an eight-percent payout structure,” Jones continued, showing how the new structure does not dramatically change the standard payout model, which generally distributes prizes to approximately 10 percent of the field.
“So there are really two bubbles — [one] at 50 percent of the field and [one at] eight percent of the field,” Jones said.
While the main idea behind the new “Double Bubble” events is to increase the overall fun by increasing the number of places paid, Jones admitted that the decision also came about by looking at the deals that are often made at final tables.
“Look at all the final-table deals,” Jones stated. “If everybody really wanted that almost unimaginably large first prize, then deals wouldn’t happen. But in point of fact, they happen almost all the time. No matter whether it’s nervous amateurs afraid of playing for huge sums or seasoned pros trying to reduce the variance, there seems to be a universal appetite for deal making.”
Another major factor in the creation of the new format came from looking at the way players approach the bubble, and that many look forward to scoring even a min-cash because they have something to show for their game.
“Let’s talk about the bubble,” Jones said. “For all the people who talked about not wanting to min-cash, look at the wave of ‘chip and a chair’ behavior as the bubble approaches. Those people are not making ICM-optimal decisions to maximize their chances for a final table; they’re doing whatever it will take to get to the money. The very smallest minimum payoff.
“My point is this: whatever people’s plans and dreams are at the beginning of a tournament, for most folks there comes a point where locking up some money right now is preferable to the possibility of more money later,” said Jones. “Call it the ‘bird in the hand’ theory.”
The first-ever $2,200 “Double Bubble” Pokerstars event is set to start at the 2015 PokerStars Caribbean Adventure on January 5, while the second one — with identical buy-in and structure — will begin on January 8.
by Bridget Wright | Published: Sunday, May 12th, 2013
As the world’s leading poker players head to Monte Carlo for the European Poker Tour Season Nine Grand Final Pokerstars has released the schedule for Season Ten of the popular tournament circuit.
There haven’t been many changes made to the schedule for Season Ten and the EPT will kick-off once again in Barcelona before heading to London, Prague, the Bahamas, Deauville, Berlin, Sanremo and Monaco.
European Poker Tour President Edgar Stuchly said the focus was on making the tour as stable as possible.
“Players at the EPT will see that we have made a deliberate decision to focus on stability,” Stuchly said.
“During a successful Season 9 where we decided to host fewer and bigger events incorporating the national tours, we listened to an enormous amount of player feedback who valued less time spent travelling, and more time spent playing.”
The European Poker Tour focused on turning each stop on the tour into a true Poker festival with buy-ins that suit players with bankrolls of all sizes.
High Roller events have become a major part of the professional poker circuit in recent years and this will continue in Season Ten of the EPT with more High Roller tournaments scheduled for every stop.
Leading Team Pokerstars pro Daniel Negreanu said he was delighted with the schedule and was excited to visit exotic locations around Europe.
“Really excited to see all of the top EPT spots back for Season 10 and think this is the best schedule yet with several big festivals planned, which is great for those making the trip overseas,” Negreanu said.
“It really gives players the bang for their buck with all of the side events available at each stop.”
Satellites for Season Ten of the European Poker Tour will begin at Pokerstars on Wednesday May 15th and give amateur poker players the opportunity to qualify for a major event for as little as $1.
Sign-up and deposit at Pokerstars to give yourself the opportunity to join the pros on the European Poker Tour.
by Bridget Wright | Published: Friday, May 10th, 2013
The Pokerstars and Monte-Carlo Casino European Poker Tour Grand Final Main Event is set for a thrilling finish with a number of leading players still in contention to win the tournament.
At the conclusion of Day 3 only thirty-four players remained in the hunt while the top ten was filled with some of Poker’s biggest names including John Juanda, Noah Schwartz, Jason Mercier and Daniel Negreanu.
Team Pokerstars professional Johnny Lodden increased his chip lead and now has a commanding stack of 1,232,000, well clear of Steve O’Dywer (963,000), Andre Pantling (943,000) and Juanda (939,000).
Juanda is a five time World Series of Poker bracelet winner but hasn’t claimed a major tournament victory since his win in the $ 10,000 No Limit Deuce To Seven Draw World Championship at the 2011 World Series of Poker.
He finished second in the 2010 European Poker Tour London Main Event and will be desperately hoping to go one better this weekend.
In contrast tenth placed Negreanu is coming of a major tournament victory after his win in the inaugural World Series of Poker Asia Pacific Main Event.
The Canadian is playing some of the best poker of his career and sounds as though he is full of confidence.
“In the money at the European Poker Tour Grand Final,” Negreanu posted on Twitter.
“My third cash in a row coming one off a fourth and a win at the WSOP APAC.
“Might as well do it again.”
Fellow Team Pokerstars pro Jason Mercier is well positioned for a deep run with 746,000 in chips.
Mercier has already had a successful European Poker Tour Grand Final, winning the € 2,000 Open Face Chinese Poker event, and is a leading contender to add another EPT Title to his resume.
Day four of the European Poker Tour Grand Final Main commences soon and you can stay up to date with all the action at Poker.Com.
You can play online poker with Daniel Negreanu, Jason Mercier and Johnny Lodden at Pokerstars.
by Bridget Wright | Published: Saturday, April 20th, 2013
Pokerstars has announced the schedule for the 2013 Spring Championship of Online Poker that will run on the popular online poker room from May 12th to May 26th.
The event will have a unique format with each of the forty-four different events having a low, medium and high buy-in level meaning that players with bankrolls of all sizes will be able to play in the event.
The lowest buy-in for the event is the $5.50 required to enter the Six Max No Limit re-buy tournament while the No Limit Heads-Up High Roller has a buy-in of $21,000.
The Spring Championship of Online Poker will be headlined by three different main events that will run on May 26th with a buy-in of $109, $1050 and $10,300 respectively.
Team Pokerstars member Mickey Petersen said the event was one of the highlights of the poker calendar.
“The Spring Championship of Online Poker is one of the highlights of the year for me,” Petersen told Poker News.
“It features a massive array of tournaments and a huge choice of different games and stakes to suit everyone.
“I still haven’t won one thought so I’ll be trying to tick that box on my ‘poker goals’ list in May.”
While announcing the schedule Pokerstars added that the overall Spring Championship of Online Poker has a guaranteed prize pool of $40,000,000 and the winner of each event will win a premium Movado watch.
Players who enjoy obscure variations or forms of poker like Fixed Limit Badugi, No Limit Draw, Pot Limit Courchevel and 2-7 Triple Draw will love the Spring Championship of Online Poker as players will have a rare opportunity to participate in tournaments based on these games.
Satellites to qualify for the Spring Championship of Online Poker have already begun at Pokerstars.
Sign-up and deposit at Pokerstars today to give yourself the chance to qualify for the 2013 Spring Championship of Online Poker.
by Bridget Wright | Published: Saturday, March 30th, 2013
The Sunday Storm has become the most popular weekly online poker tournament at Pokerstars and to celebrate its second anniversary they are giving poker players the opportunity to win a share of $1 million with a buy-in of only $11!
The Sunday Storm generally has a guaranteed prize pool of $300,000 and with a buy-in of $11 it is ideal for players with bankrolls of all sizes. The tournament gives poker players the experience of playing in a major tournament without having to spend their entire bankroll!
April 7th is the anniversary of the popular tournament and Pokerstars has decided to up the prize pool to $1 million with a guaranteed first place prize of at least $100,000. The best part is the buy-in is still only $11.
As an added bonus for players a number of the members of Team Pokerstars will be taking part in the tournament. If you find yourself at a table with one of these poker superstars and you eliminate them from the tournament you will receive a $50 cash bonus absolutely free! Sign-up and deposit at Pokerstars to give yourself the chance to mix it with the best today.
You can buy into the tournament directly for $11 or attempt to win your seat by playing in the range of low buy-in satellites and qualifying events running all week long at Pokerstars. You could possibly turn a $1 entry free into $100,000 in the Sunday Storm tournament!
If you are a new player to Pokerstars make sure you take advantage of their excellent first deposit bonus. All players making their first deposit can receive a 100% deposit bonus up to $600!
Pokerstars have an incredible ranger of Sunday online poker tournaments that are perfect for players with casino balances of all sizes. Sign-up and deposit at the leading online poker room today!