Players of Full Tilt Poker to Finally Receive Locked Funds

Full Tilt PokerA few lucky players of Full Tilt Poker – that was shut down four years ago by US Department of Justice – will finally receive their funds which were locked up. The Full Tilt Poker site was shut down by Department of Justice along with Absolute Poker and PokerStars. Among all three sites, only PokerStars had the required amount of assets to pay the US authorities and resume operations. All these websites were shut down in 2011 and after discussions with the US authorities, PokerStars agreed to compensate non-American players of Full Tilt Poker while the US Government would be compensating American players. The Full Tilt Poker license was suspended by the Alderney Gambling Control Commission during 2011 and was later revoked.

Details of compensation

The claims of players from the United States will be processed by the Garden City Group, and it has declared that only players who have assets less than $500 locked with the website will be compensated in the first round. In 2013 all players were allowed to log in to the site www.fultiltpokerclaims.com and check their balance before filing a petition for compensation. Authorities have unblocked around $2.8 million which will be disbursed to 3500 players that have submitted their claims. Though there are several other players that have invested in deposits they have to wait for another round.

Future of PokerStars and Full Tilt Poker

After settlement with government authorities PokerStars took over the operations of Full Tilt Poker during 2012. Though the firm was not operating within United States it was operating successfully around Europe. In 2014 it was bought over by Amaya Gaming for an enormous sum of $4.9 billion and now both PokerStars and Full Tilt Poker brands belong to Amaya Gaming. The company is expecting to enter into online poker market of United States in the near future with fresh licenses as now online gaming has become legal and is growing in popularity across the nation.

Mobile Gambling a Growing Hobby in Years to Come

Many online casinos have moved into the realm of mobile gambling in recent years, and we’ve seen in 2013 that already an estimated 63 million players use their mobile devices for gambling. It’s estimated that this number will soar within the next couple of years to bring up the total number of mobile gamblers to around 160 million people by 2018.

Millions of peopel use their phone in gambling

This is huge news for the gambling industry in general as well as the individual players, as more people playing gambling games means everyone has even more potential to strike gold and win big while playing. Let’s take a closer look at some of the pioneers of this mobile gambling boom and see just what they’ve done and what they plan to do over the next few years.

Netent Touch

Net Entertainment has been very proactive in bringing a ton of different gambling games to touch screen interfaces under the name Netent Touch. They’re continuously converting all the classic games that people love as well as many new variants.

Yoyo Games and Playtech

Playtech has been the largest gaming software developer for some time, and they’re actively using this financial success to get even bigger. This is apparent in their recent acquisition of Yoyo Games, which they’ve used to go on to produce critically acclaimed indie style games that feature great graphics and well balanced game play.

Microgaming and Virtual Reality

Microgaming has been around for some time and has been aggressively expanding into the areas of wearable technology and even virtual reality. The company has already developed a slot machine for the much talked about but still very new Oculus Rift system and are planning to produce augmented reality games for Google Glass and its competitors once they’ve been introduced to the market.

Increase Your Poker Winrate off the Table

While there are no shortage of strategy videos and online poker training sites to teach players how to make better decisions on the digital felt, few players are aware of the steps they can take to make more money online before they even site down to play. By taking advantage of these basic tips, you can greatly increase your chances of success.

Poker Training1. What is a Winrate?

If you’ve spent any time playing poker online, you know that your winrate is an expression of how much money you are making overall. Your winrate is usually expressed as big blinds/100 hands (or BB/100).

For example, a player who plays 200nl and has a winrate of 2bb/100 is making $4 every 100 hands they play. This is because $2 is the Big Blind at 200nl. While this isn’t much, you can see how improving your winrate just a little will lead to more money won over time, making it all the more important to maximize it where possible.

2. Stop Evaluating Based on Results

One of the most common mistakes made by beginning players is the use of results-based thinking. This occurs when someone assumes they made the right play or made what they feel is a lot of money in a hand. Instead, focus on making the right decisions and letting the chips fall where they may. Over the long run, solid decision making trumps luck.

3. Study Away From the Table

One of the most important things you can do is objectively analyze your hands played after each session when possible. This allows you to take another look at your hands and the decisions you made. You should take notes on what you did vs what you should have done. Try to identify spots where you could have made more money in a hand and what the optimum decisions were in key spots of your session. If needed, have a friend help you, as a second pair of eyes also helps.

4. Eat Right

It might sound silly, but the reality is that what you eat has a dramatic effect on your mental focus and performance when playing live or online. If you’re planning on playing for several hours, you’ll want to consume healthy, vitamin-rich snacks that provide lasting energy as opposed to fatty foods and sugar-filled beverages.

When combined with practice and experience, these tips are a great way to help you maintain focus and start making more money at the tables.

The History of the World Series of Poker

The World Series of Poker is the most prestigious Poker tournament in the world and is held annually in Las Vegas.

The very first World Series of Poker was held way back in 1970 at Binion’s Horseshoe Casino in Las Vegas. The overall champion was Johnny Moss, who didn’t even win a single tournament, but rather, was voted the best all-round player.

In 1973 the World Series was broadcast on television for the first time and then, in 1978, the World Series of Poker had its first woman player, Barbara Freer.

Later, in 1990, Mansour Matloubi, became the first non-American player to be crowned the Series champion. A year later, in 1991, the first million-dollar prize was awarded.

In 2003, the Series was won by Chris Moneymaker who was the first online qualifier to do so. He went home with a grand total of $2,5 Million. In 2009, Joe Cada became the youngest person to ever win the Series at 21 years, 11 months old. He is also ranked as one of the Series’ top earning players ever, with total World Series of Poker earnings at $9,028,904. The highest ever earning player is Antonio Esfandiari with $19,573,799. The second highest earning player is Phil Hellmuth with $12,189,531, who also holds the record for most World Series bracelets won at 13.

Nowadays, the World Series of Poker has expanded out of Las Vegas into a Poker Circuit allowing players from all over USA and the world to take part.

 

The (Many!) Hold’em Poker Variations

Hold’em Poker is a form of Poker that is played with a combination of community cards and the use of blind bets instead of antes. Texas Hold’em is obviously the game people are most familiar with, but did you know there are many other variations of Hold’em Poker? Here are just a few.
Crazy Pineapple Hold’em In this game, players can use one, both or neither of their hole cards to make up their highest hand. The Ace can be played both high and low for straights and the players play clockwise from the dealer.
Manilla Hold’em – This is a stripped deck game and the Ace is always played high. Players play clockwise from the dealer and the highest hand wins.
Omaha Hold’em – In this version, players must use two of their hole cards along with three from the table to make up their hands. The Ace is played high and low and there’s a three raise limit per round.
Royal Hold’em – This game is played without the cards 2 through 9, leaving only Tens, Jacks, Queens, Kings and Aces. The odds of getting certain hands are increased so strategies are different from other forms of Poker. A hand can be made from two hole cards and the community cards.

A Quick Overview Of Texas Hold’Em Poker

By Victor Roberts @ Vegas Partner Lounge

Texas Hold’Em is a variation of the popular card game, Poker. And it could be argued that it is easily one of the most played versions of the game. The rules of the game are fairly simple and it only takes a few moments to learn how to play. Even though this is the case, becoming a pro and becoming a master of the game, will take a lot longer. The object of the game is to compile the highest ranking five-card hand.

  • The game begins when the dealer shuffles a standard 52-card deck.
  • The first two players to the left of the dealer place their bets.
  • The first bets the ‘first blind’ which is twice the predetermined minimum bet. The ‘second’ blind bets the minimum bet required.
  • Each player is then dealt two cards face down, known as the hole cards and betting begins. Players can raise the bet or choose to fold.
  • The dealer then places five cards, face down on the table and reveals the first three.
  • Another round of betting takes place.
  • This is repeated until all five community cards are face up on the table. Players can raise their bets or ‘fold’ at any time.
  • One final round of betting takes place as players try to make up the best hand with their two hole cards and the community cards.
  • The players reveal their cards and the highest hand wins.