Posts Tagged ‘PokerStars Caribbean Adventure’
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: Tuesday, June 4th, 2013
Mike Gorodinsky produced a strong three-day performance to win the $2,500 Omaha/Seven-Card Stud Hi-Low 8-or-Better event at the 2013 World Series of Poker.
The first non-Hold’em event of the 2013 World Series of Poker drew a strong field of 374 players but it was Gorodinsky who outlasted them all to win the $216,988 first place prize and a WSOP bracelet.
It was an impressive performance from Gorodinsky who was one of the chip leaders during all three days of the tournament but had to overcome a number of tricky situations during the final table.
Gorodinsky went into the heads-up battle narrowly trailing Kristopher Tong but after only a few hands was at a major disadvantage.
Despite playing with a small stack Gorodinsky felt as though he was always in control of the heads-up battle.
“I had a pretty good read on how my opponent was playing, so I just needed some momentum to swing my way,” Gorodinsky said in a post tournament interview
Gorodinsky has a strong record in mixed games at major poker championships but doesn’t necessarily believe they are his strongest games.
He was victorious in the $5,000 8 Game Championship during both the 2010 and 2012 Pokerstars Caribbean Adventure and cashed in the $2,500 10 Game Six Handed event during the 2012 World Series of Poker.
“I do play a lot of mixed games, I’m not going to say these are my best games, but I play them well enough,” Gorodinsky said.
A number of World Series of Poker bracelet winners made deep runs in the tournament but fell just short of qualifying for the final table.
2012 $10,000 H.O.R.S.E. winner David Baker finished in nineteenth while three-time bracelet winner Mike Matusow finished in fourteenth.
The in-form Daniel Negreanu continued his incredible string of strong tournament results with a twelfth place finish that increased his lead in the 2013 World Series of Poker Player of the Year race.
The action continues at the 2013 World Series of Poker with only forty-three players, including Dan Kelly, in the hunt for the inaugural “Millionaire Maker” title.
by Bridget Wright | Published: Thursday, January 10th, 2013
Eighteen-time Olympic Gold Medalist Michael Phelps has made his major poker tournament debut in the 2013 Pokerstars Caribbean Adventure.
Phelps has played in a number of previous tournaments but the Pokerstars Caribbean Adventure is his first event with a buy-in of $10,000.
The most decorated Olympian in history admitted to some pre-tournament nerves.
“I was probably a little bit nervous walking in because I don’t play much live tournaments so it was kind of weird,” Phelps said.
However, those nerves were settled very quickly when he looked down at his first hand.
“The very first hand I had in my first 10K tournament was pocket kings and I’ve hit a boat and had aces so I just keep getting hands,” Phelps said.
Phelps has been involved in the poker community for a number of years and is extremely good friends with professional player Jeff Gross who was victorious in the $ 550 Pot/No Limit Hold’em event at the 2011 Pokerstars Caribbean Adventure.
Gross believes that Phelps is a good player and has the potential to get even better.
“Too be honest I think that Mike is a really good player,” Gross said.
“He is good at tournaments and he hasn’t played much live but has made final tables in the past.
“It wouldn’t shock me if he won this.
“I’m still waiting to get my major win and if he gets one before me it would be bittersweet.”
Phelps said that he was enjoying the table he was playing at but as a number of celebrities find wasn’t getting the most credit for his poker ability.
“When I turned a boat with fours I had a guy call me with ace high,” Phelps laughed.
“I guess it is sort of cool that I am getting that kind of credit now but I’m sure these guys will start picking up on some of my tells.”
Phelps survived the first day of the event and will return with roughly 530 players for the second day of the tournament today.
You can follow all the Pokerstars Caribbean Adventure Main Event coverage as well as the progress of Michael Phelps here at Poker.com.
by Bridget Wright | Published: Saturday, December 22nd, 2012
Marvin Rettenmaier has capped off his stellar 2012 by winning the European Poker Tour €10,000 High Roller at Prague Hilton on Sunday.
Rettenmaier outlasted an excellent field of 113 players to claim the first place prize of €365,300 and win his fourth tournament of the year.
The victory brings Rettenmaier closer to Dan Smith in the race for the Global Poker Index of the Year and the German admitted that was his motivation for playing the tournament.
“I didn’t even think about the money at all I was chasing player of the year points but that is a nice amount of money,” Rettenmaier said.
European Poker Tour organizers were stunned by the amount of players that entered the event and Rettenmaier was quick to pay credit to the quality of the field assembled.
“It was very very tough the whole field was very good,” Rettenmaier said.
“My starting table was probably the toughest in the room so I was happy when it was over.”
Rettenmaier has had by far the greatest year of his career but couldn’t really explain why he has found so much success in 2012.
“I don’t know, I really don’t know,” Rettenmaier said.
“I took more breaks this year than last year and I think that helped me for sure.
“But I don’t really know.”
Rettenmaier started the year with victory in the € 2,000 No Limit Hold’em Monte-Carlo Casino EPT Grand Final before scoring $ 1,196,858 by winning the $25,000 No Limit Hold’em World Poker Tour Championship.
He recorded several good results at the World Series of Poker, without winning a bracelet, before claiming another victory in the World Poker Tour Merit Cyprus Classic.
The European Poker Tour continues in January with the Pokerstars Caribbean Adventure.
You can still win a seat for the Caribbean Adventure at Pokerstars!
by Bridget Wright | Published: Monday, April 11th, 2011
PokerStars is already offering cheap paths into the 2012 PokerStars Caribbean Adventure, with Mega Path satellites into the Main Event.
Join Pokerstars now to start playing at the largest online poker room, with the biggest tournament prize money. Also, new players can claim a 100% match bonus on their first deposit of up to $600!
The PokerStars Caribbean Adventure is one of the most important live poker events run by PokerStars, and it gives players the opportunity to combine a Caribbean holiday with a chance at winning millions of dollars in prize money.
Such an important event naturally has an expensive buy-in, and next year’s tournament from January 5 to 15 will be no exception. Many players thus opt to win their way into the tournament instead, and this can be very lucrative. Darren Keyes qualified for the 2011 event through the Mega Path satellites and ended up in tenth place with $150,000 in prize money.
You can enter a PokerStars Caribbean Adventure Mega Path Satellite for as little as 4 Frequent Player Points, but more costly ones are also available for players who do not want to have to play in too many tournaments to get to a prize package. You can find these tournaments in the Events section of the PokerStars lobby – just look for PCA and FPP satellites to choose the Mega Path events that look best for your play style.
What are you waiting for? Join Pokerstars now and earn FPPs on your early play so that you can enter these low cost PokerStars Caribbean Adventure satellites. At the same time, you will be earning your way to claiming a 100% match bonus on your first deposit worth up to $600.