Poker News

Bell Rings In The Lead at WSOPC AC

The event played down to its final three tables shortly before midnight Monday with several big names busting before the day’s end, including Day 1 chip leader Vanessa Selbst, Jordan Morgan, “Miami” John Cernuto, Brock Parker, Bernard Lee, Dwyte Pilgrim, Nick Schulman, TJ Cloutier and online poker star Isaac Baron.

Chris Klodnicki, Victor Ramdin, Beth Shak, Sorel Mizzi, Jonathan Little and WSOP Circuit Atlantic City main event winner Matthew Waxman are still in contention headed into Day 3 Tuesday.

Bell has more than $2.3 million in career live tournament earnings including a win in the $5,000 Pot Limit Omaha Hi/Lo 8 event at the 2010 WSOP this past summer.

The second of four WSOPC Regional Championships drew 136 players to Atlantic City this week, creating a $1,279,624 prize pool with $358,295 reserved for first.

The final nine will all win seats into the $1 million-dollar freeroll WSOP Circuit National Championship at Caesars Palace in Las Vegas May 27-29.

The WSOPC Eastern Regional Championship will play down to a final table Tuesday and a winner will be crowned Dec. 22.

The final table will be televised on VERSUS Network.

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Selbst Grabs Lead at WSOPC AC Regional Championship

The second of four nationally televised Regional Championship Events attracted just 136 players to the icy shores of the Atlantic Ocean in New Jersey creating a $1,279,624 prize pool with $358,295 reserved for first.

But it was a star-studded cast including 2010 WSOP Main Event runner-up John Racener, Andy Bloch, Amnon Filippi, Chad Brown, Kathy Liebert, TJ Cloutier, Dwyte Pilgrim and David Baker among others.

Team PokerStars Pro Vanessa Selbst grabbed the lead with 92 surviving to Day 2 Monday after officials trimmed the day from 11 to nine levels.

Selbst is already having a huge year with wins in the Partouche Poker Tour and NAPT Mohegun Sun main events leading to over $2.8 million in earnings so far.

Online poker stud Isaac Baron and 2010 WPT Legends of Poker winner Andy Frankenberger are close.

Sorel Mizzi, Nick Schulman, Ted Lawson, Bernard Lee, Shannon Shorr and the aforementioned Pilgrim, Cloutier and Filippi also remain in contention.

The event runs through Dec. 22 in Atlantic City.

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BLOG – Is playing tight a retro fashion?

Ten years ago, when Chris Ferguson had just beaten TJ Cloutier heads-up to win the 2000 WSOP Main Event, the tight-aggressive, patient style was king. Professional players waited for premium cards or hands with good implied odds before entering a pot, only bluffing in the ideal situations and exploiting their image as someone who always has the nuts.

Daniel Alaei Claims Third Bracelet; Huck Seed Wins TOC

With the World Series of Poker Main Event just hours away, Sunday was originally intended to be a quiet day at the Rio Hotel and Casino. But with constant schedule changes to the Tournament of Champions and two events adding an extra day of play, it turned out to be a rather eventful day in the Amazon Room as two of poker’s most talented players walked away with titles at the day’s conclusion.

Poker pro Daniel Alaei won his third career bracelet and a prize of $780,599 by winning the $10,000 Pot Limit Omaha Championship. Alaei bested 346 players, a field that included Tom Dwan, Phil Hellmuth and Jason Mercier, all of whom busted just before the final table. An extra day was added to the event, as the final table wasn’t reached until after midnight the day before, so players recharged their batteries and returned at 4:00 p.m. to play down to a winner.

Much of the day was led by France’s Ludovic Lacay, who entered second in chips but was able to chip up despite not eliminating a player at the final table. At the dinner break, Lacay had more than twice the chips of Alaei, who was in second, but he lost the lead with four players remaining. Ville Mattila got his chips in on a flop of 10h-9h-6c with Js-Jc-6s-6s against Lacay’s flush and straight draws. Mattila’s hand held up to give him the lead, but it wouldn’t last for long.

Minutes later, Mattila and Alaei wound up in a preflop raising war that saw nearly 5 million chips end up in the pot before their hands were revealed. Alaei was all in with As-Ah-Kc-7h against Mattila’s Jc-7c-9d-5s, and after the board came Qh-8h-8c-3s-Ac Alaei took over the chip lead, with Mattila now second, Lacay third and Miguel Proulx fourth.

It took a couple more hours for the next player to hit the rail, but Daniel Alaei found a great spot to eliminate Lacay. The short-stacked Frenchman moved all in with Ks-Jh-9d-2s but was in rough shape against the Ah-Kc-Qd-Js of Alaei. Lacay’s hand failed to improve and he collected $262,208 for his fourth place finish.

Mattila was the next to go, running aces into Alaei’s trip kings to send him on his way in third place. That gave Alaei a substantial lead over Proulx, who won the $2,500 Pot Limit Omaha Event earlier in the summer. His attempt at bracelet #2 would fall short, as he got his last chips in with Ac-Kh-10h-2h against Alaei’s 7s-6c-5s-5h, and Alaei would make a set of fives on the flop to eliminate Proulx in second and give him bracelet number three.

Alaei’s first WSOP win came in the $5,000 buy-in Deuce-to-Seven Draw Lowball event in 2007. He won gold bracelet number two last year in the $10,000 buy-in Omaha High-Low Split championship.

1. Daniel Alaei — $780,599
2. Miguel Proulx — $482,265
3. Ville Mattila — $354,218
4. Ludovic Lacay — $262,208
5. Trevor Uyesugi — $195,631
6. Stephen Pierson — $147,138
7. Dmitry Stelmak — $111,524
8. Alexander Kravchenko — $85,180
9. Matthew Wheat — $65,578

The WSOP Tournament of Champions finally decided on a day to play down to a winner on Sunday and a large crowd gathered to watch the biggest names take to the felt in the Amazon Room. Mike Matusow began the day with the chip lead but most of them went to Daniel Negreanu, who flopped a set of kings against Matusow’s top pair, sending “The Mouth” out in 16th. Negreanu led the way going into the final table, with Johnny Chan, Joe Hachem and Huck Seed all lurking.

After several hours of play and the stacks growing shallower by the minute, Negreanu, Hachem and Chan had fallen and Howard Lederer was heads up with Seed for the title. The short-stacked Lederer moved all in with Qc-8c and Seed made the call with As-2s. Seed made a pair on the flop and used it to claim his first TOC title and the $500,000 prize.

1. Huck Seed — $500,000
2. Howard Lederer — $250,000
3. Johnny Chan — $100,000
4. Joe Hachem — $25,000
5. Barry Greenstein — $25,000
6. Daniel Negreanu — $25,000
7. Jennifer Harman — $25,000
8. Annie Duke — $25,000
9. TJ Cloutier — $25,000

Two more prelims will play down to a winner on Monday as the $1,000 No Limit Hold ‘em Event #54 and the $2,500 No Limit Hold ‘em Event #56 will crown champions. Online superstar David “DPeters17″ Peters takes the chip lead into the final day of Event #54, eyeing a first place prize of $570,960, while PokerStars Team Pro Salvatore Bonavena leads Event #56, which has a reward of $825,976. Both final tables will begin at 3:00 p.m. local time.

And, of course, the highly anticipated Day 1a of the Main Event will get underway at Noon Pacific Time on Monday. Another late schedule change was made by Harrah’s, as players will take to the felts for 4 1/2 levels on Days 1 and 2, adding an extra hour of play to each day. Everyone who advances on Days 1a and 1c will play on Day 2a, and Days 1b and 1d will form Day 2b.

Stay tuned to Poker News Daily for continuous updates from the 2010 WSOP Main Event!

Seed Flowers In WSOP Tournament of Champions

Mike Matusow entered the day with a healthy chip lead and it was expected Matusow would have received a boon from watching Tom Dwan's bracelet bid crash and burn the evening before.

Having booked extensive action against "durrrr", Dwan's failure to win a bracelet saved Matusow an expensive liability, but he proved unable to use this to spur him on to victory - dropping out as one of the first eliminations of the day.

Daniel Negreanu was Matusow's main tormenter - crippling then eliminating his fellow high-stakes player with pocket kings both times.

This provided a springboard for Negreanu to enter the final table as the chip leader - but a day of large chip swings saw Negreanu also crash out in 6th spot, following the dismissals of TJ Cloutier, Annie Duke and Jennifer Harman.

"In the end my cards ran out of gas," said a slightly disappointed Negreanu following his dismissal.

With Barry Greenstein and Joe Hachem next to bust, we were left with Johnny Chan, Huck Seed and Howard Lederer contending the title.

With three WSOP Main Event titles, 16 bracelets and a wealth of hard-earned experience between the three, it was always going to be an absorbing contest and so it proved with no man willing to cede ground.

Eventually though something had to give, and that something was 10-time bracelet-winner Johnny Chan, paving the way for a Lederer/Seed face-off.

Once the obligatory dollar bricks had been deposited on the felt, Lederer and Seed tore into each other, eventually Seed coming through to secure the title and claim his place in history.

"“There were a lot of great players in this event," said Seed following his hard-fought victory. 

"It was fun to compete.  It was like a reunion of the old school players.”

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WSOP TOC: Mike Matusow leading, Huck Seed as second

Mike “The Mouth” Matusow finished the second day of the WSOP Tournament of Champions in a great way: in chiplead. The loudmouth collected exactly 85,500 chips which is a bit more than Huck Seed’s 73k.  

-Matusow won the Tournament of Champions in 2005 and was third in 2006. 

A few big names were eliminated during the day - for example Doyle Brunson, Joe Cada and Mike Sexton had to leave the tournament table.

Below all the remaining 17 players and their exact chipstacks:

1. Mike Matusow          85,500
2. Huck Seed         73,000
3. Johnny Chan         68,600
4. Scotty Nguyen         64,700
5. Joe Hachem             64,300
6. Erik Seidel         58,900
7. Allen Cunningham     58,900
8. Phil Hellmuth         44,100
9. Annie Duke         42,600
10. Daniel Negreanu     39,900
11. TJ Cloutier         38,800
12. Jennifer Harman     34,200
13. Howard Lederer         30,800
14. Chris Ferguson         30,100
15. Barry Greenstein     29,900
16. Antonio Esfandiari     24,400
17. Bertrand Grospellier     21,400

There are also some changes in the tournament schedule as the tournament has proceeded much slower than expected: still 17 players are competing for the $500,000 dollar main prize, although according to the estimates we should already know the finalists.

Originally it was meant to be that the nine finalists would return to the table on 4th of July, but since there are still this many players left, the tournament will continue already on July 3rd.

However, the Ante Up for Africa tournament can still mix the schedules, so it remains to be seen when we finally know the winner of this year’s TOC…   

Source: PokerNews and TheHendonMob

 

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WSOP TOC: Mike Matusow leading, Huck Seed as second

WSOP Tournament of Champions continues - Ivey, Juanda and Farha out

The WSOP Tournament of Champions started yesterday. 20 poker professionals chosen by a public vote and seven other players who qualified in the tournament started the chase for the million dollar prize pot.

The first day already demanded five big names - John Juanda, Barry Shulman, Greg Raymer, Sam Farha and even Phil Ivey himself were all eliminated from the tournament.

The tournament lead, instead, was taken by Erik Seidel (72,075), Johnny Chan (71,325) and Mike Matusow (70,575).

Below all the remaining players and their chips:

Erik Seidel		72,075
Jon Chan		71,325
Mike Matusow		70,575
Barry Greenstein		56,775
Joe Hachem		55,650
Huck Seed		51,875
Bertrand Grospellier		51,175
Allen Cunningham		49,300
Scotty Nguyen		48,900
Dan Harrington		38,250
Daniel Negreanu		36,125
Antonio Esfandiari		25,925
Howard Lederer		25,750
Chris Ferguson		25,125
Phil Hellmuth		21,825
TJ Cloutier		20,125
Jennifer Harman Traniello		19,275
Andrew Barton		18,200
Mike Sexton		18,125
Annie Duke		12,500
Joseph Cada		12,125
Doyle Brunson		10,200

 

So who will eventually be the champion of this ultimate high-level tournament?

The tournament continues today and then on the 4th of July, and the whole event will be broadcasted as a part of ESPN’s WSOP 2010 TV-broadcasts.

Source: PokerNews

 

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WSOP Tournament of Champions continues - Ivey, Juanda and Farha out

Poker News In Brief: June 7-13 2010

We have WSOP news, videos and blogs keeping you up to speed with everything that's going on in Vegas right now.

The Poker News in Brief bulletin is designed to round up some of the other breaking poker news going on around the rest of the world.

This week, we'll hear about PokerStars' new Team Pro Ville Wahlbeck, hear about Party Poker's big game, find out about the PokerStars Baltic Festival and hear the latest deal the Canadian Poker Tour have struck.

PokerStars Sign Wahlbeck

PokerStars have just announced they have signed Finnish star Ville Wahlbeck as a Team PokerStars Pro.

Wahlbeck achieved great recognition following an excellent showing at the 2009 WSOP, picking up a bracelet in the $10k Championship Mixed event as well as making several other big final tables and winning over $1 million in prize money.

Runner-up for the 2009 WSOP "Player of the Year" slot, he went on to win "Best Live Tournament Player" and "Best Performance" in the Nordic Poker Awards.

"I am really proud to be part of Team PokerStars Pro," said Wahlbeck. "PokerStars has always taken good care of its players and has made an effort to ensure that all the players are treated equally and honestly."

PartyPoker Big Game IV Set To Broadcast

Boasting such talents as Luke Schwartz, Roland De Wolfe and Neil Channing, PartyPoker's "Big Game" is now about to be broadcast on U.K. television, having played out back in April at Les Ambassadeurs Club in Mayfair.

The game featured some novel twists, designed to create action and saw cash game specialists from both sides of the Atlantic do battle to win both money and the respect of their peers.

The action can be seen on U.K. television Channel 5, June 9th at 11.55 p.m.

Pokerstars Baltic Festival

A host of stars are playing next week's PokerStars Baltic Festival in Tallinn, Estonia - set to take place June 16-19. The €1,500 Main Event will see newly-signed up Team PokerStars Pro Ville Wahlbeck playing his first tournament as a 'Stars-sponsored player.

The tournament will also be attractive to many high-stakes Scandinavian players who have chosen to miss out on the World Series of Poker for tax purposes or other reasons.

Last year's Baltic Festival saw 307 players from 24 countries contend the title, creating a prize pool in excess of €300,000. Thomas Partridge from the U.K. was the man who eventually took 1st prize for €75,000.

Canadian Poker Tour Teams Up With Deepstacks Live

The Canadian Poker Tour has signed a deal with Deepstacks Live to host a live seminar at the Canadian Open Poker Championships.

Deepstacks live run seminars designed to radically improve the abilities of poker players. Team DeepStacks boasts such talent as Mike Matusow, Justin "Boosted J" Smith and TJ Cloutier in their ranks.

The team have 16 WSOP bracelets and more than $40 million in lifetime tournament earnings between them.

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Poker2Nite Welcomes Mike Matusow

The Fox Sports Net poker news show “Poker2Nite” welcomed the always outspoken Mike “The Mouth” Matusow this week. The franchise airs at 11:00pm ET every Wednesday night and can also be seen on The Score at 3:00pm ET on Sundays.

This week’s installment began with a discussion of the $335 buy-in re-entry event that kicked off the L.A. Poker Classic. The tournament was the brainchild of Matt Savage and allowed players to buy back in on a later starting day should they be knocked out. On top of the unique formula, the tournament also guaranteed $1 million. Interviews were shown with David “Chino” Rheem, Amnon Filippi, Thor Hanson, and Andreas Hoivold. Filippi commented, “It’s so hard to get so many people in one place at one time. You have to have a 100-table room and you have to have the players. L.A. has both.” Darrell Cain ultimately took down the kickoff event for over $300,000.

Attention then turned to Betfair front woman Annette “Annette_15” Obrestad, who won an Omaha event held during the Aussie Millions this month for $40,000. Obrestad, who won the inaugural World Series of Poker (WSOP) Europe Main Event, became the first female ever to win an Aussie Millions tournament. “Poker2Nite’ co-host Joe Sebok explained, “She’s an absolute beast. She’s going to be a force at the Rio.” The 2010 WSOP will mark Obrestad’s debut in the annual U.S. series.

Matusow then joined the show and explained that his fortunes turned for the worst last year: “2007 and 2008 were the best years of poker I’ve ever had in my life. It spiraled downward starting with the $40,000 event in the WSOP [last year]. That beat led to another beat and another beat and the next thing you know, I was catching no cards and [recording] no cashes.” Matusow admitted that he made just $2,200 off of poker in 2009 after recording seven-figure years in 2007 and 2008.

As to what led to his dramatic downfall, Matusow explained that not working out every day and stiff competition contributed. His goal is to drop back to 185 pounds and run eight miles per day by the time the 2010 WSOP rolls around. He added, “Players have gotten better. There are so many great players.” One of those top minds in the game is its all-time money leader, Phil Ivey. Matusow commented on his fellow Full Tilt Poker pro: “I think that Phil Ivey, when he’s playing well, is probably the best all-around poker player I’ve ever played with.”

A new segment called “Mikey’s Meltdowns” featured Matusow against UB.com’s Phil Hellmuth during a taping of GSN’s “High Stakes Poker.” A 7-2 rule was in effect and any player who scooped the pot with the worst starting hand in Hold’em was paid $500 by each of their opponents. Hellmuth led out for a pot-sized bet of $40,000 on the river with 7-2 for air against Matusow, who had pocket kings. After much deliberation and a “This sucks,” Matusow folded his overpair face up. Hellmuth turned over 7-2 and the table exploded in commentary.

“All in Blind” featured Sebok and co-host Scott Huff debating a series of topics, including the aforementioned L.A. Poker Classic re-entry event, U.S. President Barack Obama being invited to play in the Irish Poker Open, and UB.com pro Eric "basebaldy" Baldwin donating $200,000 to his alma mater’s baseball program. Then, Dana Workman’s “Weekly Misdeal,” which provides a satirical look at the week’s headlines, poked fun at a topless home game raid, the Rio’s 20th birthday celebration, T.J. Cloutier selling a WSOP bracelet on eBay, and the popular video game system Sega entering the online poker marketplace.

Finally, “Poker2Nite” saluted Mike Hofer, the winner of the Absolute Poker College Challenge. Hofer earned $10,000 in college tuition and told “Poker2Nite” cameras, “The competition surprised me. They were all very competent players. Hats off to them. They played a great game.”

Catch “Poker2Nite” next Wednesday at 11:00pm ET on Fox Sports Net. Check your local listings for more information.

Cake Poker buy TJ Cloutier’s WSOP bracelet

Recently we reported that TJ Cloutier’s bracelet won in the 2005 WSOP $5,000 NLHE event was up for sale on eBay. A pawn shop in Texas was selling the prize, stating they received it from TJ himself. Reports that he pawned it for craps money are unfounded but likely true.

Cake Poker Returning WSOP Bracelet to T.J. Cloutier

This afternoon, rumors spread around the poker industry that Cake Poker, which had purchased T.J. Cloutier’s 2005 World Series of Poker (WSOP) bracelet, was planning to return the piece to its rightful owners. Poker News Daily can now confirm those rumblings.

In a post found on Cake Poker that was created on Wednesday night, it was confirmed that the USA-friendly online poker site was indeed the new owner of the bracelet that Cloutier won in a $5,000 No Limit Hold’em event five years ago. The tournament saw the poker veteran defeat Steven Zoine heads-up in a final table that also included John “World” Hennigan, Dustin “Neverwin” Woolf, and DoylesRoom pro Todd Brunson. Text found on Cake Poker’s blog explains, “Our initial impulse upon seeing the auction was to say, ‘Hey this is a cool piece of poker history. We love poker. We should buy a WSOP bracelet!’ So we did.”

The final selling price for the WSOP keepsake was just over $4,000; Cloutier’s prize money for winning it was 165 times that amount. However, the online poker site and flagship room on the Cake Poker Network plans to return it to Cloutier: “We can’t, in good conscience, keep it from the man who rightfully won it; which is why we’ve decided to return it to T.J. Cloutier… just as soon as we’re done having some fun with it.” No specific plans for the bracelet were given, although Cake Poker officials tossed out “photo shoots” and “wearing it to a buddy’s home game” as several possibilities. The auction closed on Sunday on eBay and the hardware is currently on its way to Cake Poker’s headquarters.

An article that appeared on Wicked Chops Poker explained what might have led to Cloutier unloading his memorabilia: "We called T.J. He didn’t want to come on the air… but told our producer the following: 'I don’t want to talk about it… yeah it's mine… I was short… I pawned it… I tried to get it back with my ticket but I was too late.'" On Monday, Cake Poker officials teased that they may have purchased Cloutier’s bracelet.

The topic has spread around the online poker community like wildfire. On the TwoPlusTwo forums, posters speculated as to why Cloutier, who has nearly $10 million in career earnings, would contemplate selling one of his six bracelets. One member chimed in, “With the recent interest in poker and his name becoming more recognized, any memorabilia he has accumulated becomes more valuable. Bracelets don't exactly do much but collect dust so why not get some value out of them.” Others have hypothesized that Cloutier’s love of craps may have caught up with him.

The other bracelet for sale, which Cloutier procured after taking down the 2007 Scotty Nguyen Poker Challenge IV, sold for $2,500. The Plano Pawn Shop saw a flurry of activity surrounding the two charms and Poker News Daily’s Earl Burton estimated that the WSOP jewelry was probably worth somewhere around $2,350. The bracelet contains 96 grams of 14 karat gold and 0.25 karats of diamonds. The high bid was submitted at 1:34pm PT on Sunday of $3,956 and stood for nearly six hours until the winning entry of $4,006 was introduced at 7:30pm PT.

Cake Poker is the flagship site of a network that also includes DoylesRoom, Lock Poker, PlayersOnly, PokerHost, Red Star Poker, and Stryyke. It happily accepts players from the United States and features former PokerStars icon Lee Jones as its Card Room Manager. The site is busy following its players in the 2010 Aussie Millions, taking place down under in Melbourne.

Stay tuned to Poker News Daily for the latest twists and turns in Cloutier’s bracelet sale.

The Nightly Turbo: WSOP Bracelet’s New Owner, Inside Deal Back for Round 2, and More

In tonight's Nightly Turbo we're giving you the deets on TJ Cloutier's World Series of Poker bracelet's new home, what to expect from the second season of the Inside Deal, and we might throw in an Aussie Millions video, because we're pretty...

Cake Poker Buys T.J. Cloutier’s WSOP Bracelet

The amazing adventures of T.J. Cloutier's World Series of Poker (WSOP) bracelet added a new chapter this week. As reported by Poker News Daily on Sunday, Cloutier pawned off his 2005 $5,000 No Limit Hold 'em WSOP bracelet and, in turn, the Plano Pawn Shop sold it on eBay for $4,006. Now, online site Cake Poker is suggesting that it purchased the item and has unspecified plans for it in the future.

Jake St. Pierre, a blogger for Cake Poker, posted the following on the site on Monday: "Who knew there were so many wonderful things on eBay? The team members here at Cake Poker only recently caught on to all the marvelous items on sale, including: electronics, bracelets, CDs, bracelets, cars, pet supplies, bracelets, and all kinds of exciting memorabilia."

Wicked Chops Poker first broke the Cake Poker story on Tuesday, stating they had a reliable source inside Cake Poker that confirmed the sale. Rob Pizzo, a host of the Hardcore Poker Show on Sirius Satellite Radio, then commented about Cloutier on the Wicket Chops Poker website. "We called T.J.," wrote Pizzo. "He didn’t want to come on the air…but told our producer the following: 'I don’t want to talk about it…yeah it's mine…I was short…I pawned it….I tried to get it back with my ticket but I was too late.'"

Pawn shops are considered valid options for short-term loans when someone is "short" on cash, as Cloutier claims he was at the time. Once you pawn your item, you're given a ticket stating the terms of the loan, your name and address, description of the item, amount lent, maturity date, interest rate, and the amount you must pay to redeem your pawned item.

It appears that Cloutier failed to pay back the loan by the specified maturity date, which could have been on or before January 14th, the day his WSOP bracelet was placed on eBay by the Plano Pawn Shop. The item then became the property of the pawn shop, which can, in turn, sell it.

Cake Poker isn't revealing its plans for Cloutier's bracelet, but the site is building some suspense around the item: "You’ll just have to wait and find out," wrote St. Pierre.

Cloutier, 71, is one of the legendary rounders of poker and and among the most successful tournament players in the history of the game, collecting six WSOP bracelets, a total of 39 titles around the world, and career earnings of $9,413,236. However, some suggest that he has lost more money playing craps than he ever made from playing poker.

Are Cloutier's losses in the pit the reason behind his eagerness to pawn his WSOP bracelet? That's merely speculation at this point. Poker News Daily will continue to bring you updates on the ongoing story.

T.J. Cloutier Sold WSOP Bracelet on eBay!

What is the price of a WSOP bracelet? Thomas James “T.J.” Cloutier, one of the best known tournament poker players in the world, gave us this information, when he sold one of his six bracelets on eBay through the Plano Pawn Shop for $4,006.

Is this man really broke?

The braceket which was sold is from a $5,000 No Limit Hold’em event in 2005. The reason why Cloutier needed to sell the bracelet is still unknown, but people are saying that he has lost more money playing craps than he ever made from playing poker.

For example, a fellow poker pro, Terrance Chan, wrote in his blog in 2006, that “T.J. has lost more money at craps than possibly any human being alive. Obviously he’s just a poor craps player and one should bet against him, not with him.”

Also, Grayson “the_dean22″ Nichols is another pro who recalled at PocketFives forum that Cloutier has had problems with money before:

“I remember a couple years ago, going to play in a $100 rebuy at the Orleans Hotel with Steve ‘gboro780’ Gross and Ari Engel. We get registered for the maybe 60 person field and we see Cloutier just hanging around, bumming the free hot dogs asking for a stake in the tournament. (It) looks like this isn’t a new development.”

Another PocketFives user “resilient” remembers, that he saw TJ hanging out at Winstar a couple of months ago, on the waitlist for $1/$2 No Limit Hold’Em table with $200 maximum buyin.

It sure seems like 70-years-old Poker Hall of Famer is in a serious need of money. Still, it is hard to understand how you can lose almost $10 million playing craps?

Sources: PND, PocketFives

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T.J. Cloutier Sold WSOP Bracelet on eBay!

T.J. Cloutier WSOP Bracelet Sells for $4,006 on eBay

After 10 days and a competitive auction featuring five separate bidders, T.J. Cloutier's World Series of Poker (WSOP) bracelet sold for $4,006 on the popular online auction site eBay. The Plano Pawn Shop put up the bracelet, which Cloutier won in a $5,000 No Limit Hold’em event in 2005.

With the starting price at $2,999, the following bidding history during the 10-day process was listed as on eBay's website:

Bid #1: Jan. 22 - $2,999
Bid #2: Jan. 22 - $3,200
Bid #3: Jan. 22 - $3,250
Bid #4: Jan. 22 - $3,500
Bid #5: Jan. 22 - $3,550
Bid #6: Jan. 23 - $3,700
Bid #7: Jan. 24 - $3,750
Bid #8: Jan. 24 - $3,800
Bid #9: Jan. 24 - $3,850
Bid #10: Jan. 24 - $3,900
Bid #11: Jan. 24 - $3,956
Bid #12: Jan. 24 - $4,006

The highest bid stood at $3,956 with just moments remaining in the auction, but in the final minute, another bidder made an offer of $4,006, which ultimately was enough to claim the item. The winning bidder is unknown at this time due to the privacy policies of eBay.

Meanwhile, the reasons behind Cloutier's willingness to pawn off his WSOP bracelet are under speculation. The 71-year-old pro is one of the most successful tournament players in the history of the game, collecting six WSOP bracelets, a total of 39 titles around the world, and career earnings of $9,413,236. However, some suggest that Cloutier has lost more money playing craps than he ever made from playing poker; this reputation seems to follow him where he travels.

Professional poker player Terrance “Unassigned” Chan wrote in his blog in 2006 about a losing craps session in which Cloutier was the shooter. Chan and his friends lost $3,000 on one Cloutier roll and, afterward, he wrote, "T.J. has lost more money at craps than possibly any human being alive. Obviously he's just a poor craps player and one should bet against him, not with him."

Since then, rumors circled that Cloutier's poker earnings have dried up, as he's been seen borrowing money for tournament buy-ins on multiple occasions. Online poker pro Grayson "the_dean22" Nichols recalled an occurrence involving Cloutier on the poker forum PocketFives.com: "I remember a couple years ago, going to play in a $100 rebuy at the Orleans Hotel with Steve ‘gboro780’ Gross and Ari Engel. We get registered for the maybe 60 person field and we see Cloutier just hanging around, bumming the free hot dogs asking for a stake in the tournament. (It) looks like this isn't a new development."

The monetary value of a WSOP bracelet has been a source of debate since Cloutier's bracelet went up on eBay. Following the conclusion of the auction, Poker News Daily caught up with Matt "mattg1983" Graham and asked the two-time WSOP bracelet winner the minimum amount he'd sell either of his bracelets for. "It totally depends on finances, but right now I'd take like $30,000," said Graham, who won the $1,500 Limit Hold'em Shootout in 2008 and the $10,000 Pot Limit Omaha World Championship in 2009. Asked if he were hypothetically broke and in need of money, Graham told us that he'd accept a $10,000 offer.

Dozens of others on the forums commented about the value of a bracelet, in particular one belonging to Cloutier. "I would definitely buy a WSOP bracelet if it belonged to Phil Ivey or Stu Ungar or Doyle Brunson," said TwoPlusTwo poster TexCortez. "They are just straight up legends. T.J. on the other hand... well, it kind of ranks up there with buying an old pair of Richard Simmons exercise shorts from eBay."

Pawn Shop Reacts to T.J. Cloutier WSOP Bracelets on eBay

With 24 hours left in the bidding, the two championship bracelets that were won by T.J. Cloutier have begun to draw bidding attention on eBay.

As reported yesterday here at Poker News Daily, the store that has ownership of Cloutier’s bracelets, the Plano Pawn Shop, placed the two championship bracelets on sale on eBay after they acquired the items. The bracelets, a 2005 World Series of Poker (WSOP) championship memento and the trophy from the 2007 Scotty Nguyen Poker Challenge IV, have been on the popular auction site since January 14th. Up until early Friday and with time running out on the auctions, no bids had been placed. Now, the action has picked up.

The 2005 WSOP bracelet, won by Cloutier in a $5,000 No Limit Hold’em tournament that year, was on eBay with a minimum asking price of $2,999. Since yesterday, three bids have been entered on the item. While it is unknown who the buyer might be due to eBay bidder privacy regulations, an original bid of $3,200 was entered at 1:13 Pacific Time on Friday. Soon after that, two bidders eclipsed that price with bids of $3,500 for the most prized trophy in poker. By eBay rules, the earlier $3,500 bid stands to pick up the 2005 WSOP bracelet, roughly valued at $2,350 by Poker News Daily.

The 2007 Scotty Nguyen Poker Challenge IV bracelet, which marked Cloutier’s last major championship victory, has garnered less attention, but is still in play. The Plano Pawn Shop offered the white gold and diamond championship bracelet through eBay for $2,499 and bidding on it will end simultaneously with the sale of the WSOP bracelet. At this point, only one bid has been entered that meets the original asking price.

Poker News Daily placed a call to the Plano Pawn Shop and was able to learn several details about the bracelets. An employee who would only state his name as Larry said that whomever places the highest bid on the eBay auctions would walk off with the bracelets. “We haven’t offered them for sale in the Plano area; it has strictly been something that we’ve done through eBay,” Larry said. “We really didn’t have a clue what they would be worth, but we knew what we needed to get out of the items to make a fair profit.”

Larry went on to imply that Cloutier sold the bracelets outright rather than accepting a loan against them. In addition, the original asking price on eBay was the bottom line of what they might be worth: “If you melt the bracelets down and pull the [gem] stones off, what we’re asking for is the scrap price of the items.” Larry would not state what Cloutier received in exchange for the two championship bracelets.

Astute Poker News Daily reader James Guill also contacted the Plano Pawn Shop on Friday and was able to confirm that the bracelets were indeed ones that Cloutier had won. In his post, he related that the attention the bracelets have received surpass other offerings: “They (Plano Pawn Shop) stated that they have received more attention on this item than even Super Bowl rings they have auctioned off in the past.”

The poker community continues to discuss the bracelets and what should be done with them. Some believe that one of the top professionals - the names of Phil Ivey and Daniel Negreanu have been bandied about - should buy the bracelets and return them to Cloutier. Others believe that this would be for naught and suggest that Cloutier would only sell them again. In the discussion have been Ted Forrest buying one of Hamid Dastmalchi’s WSOP bracelets for $1,500 and Cloutier’s propensity for the craps tables.

The bracelet sales on eBay end Sunday afternoon at approximately 1:30 Pacific Time, but it is unlikely that we will learn who bought them and why. Poker News Daily will continue to track this story to its conclusion tomorrow.

T. J. Cloutier’s Championship Bracelets Up For Sale On eBay

Awards in the poker world can range from plaques to large trophies to even the head of an alligator (the World Series of Poker (WSOP) Circuit’s Bayou Poker Classic trophy is the stuffed head of such an animal). One of the most cherished mementos of victory in poker is, of course, the WSOP bracelet that is awarded to each winner of an event in Las Vegas. For one of the most prized trophies in poker to appear for sale is almost unheard of.

This apparently is occurring at this moment and the former owner of the bracelet is none other than longtime poker veteran T.J. Cloutier. For sale on eBay, the popular online auction site, is a WSOP Bracelet won by Cloutier. The information on the site states that the bracelet is the last one that was won by the Texas road gambler in 2005. Information from the WSOP site shows that Cloutier won the last of his six bracelets in 2005 in the $5000 No Limit Hold’em event, where he defeated a final table that included Todd Brunson, John “World” Hennigan and the late John Bonetti to capture the championship.

On sale by the Plano Pawn Shop (which is approximately ten miles from T.J.’s hometown of Richardson, Texas), the auction on eBay has about two days left in the bidding. Asking for a minimum bid of $2999, the 2005 WSOP bracelet has yet to garner any interest from potential buyers. Perhaps anyone interested in the bracelet is wary of its authenticity (the Plano Pawn Shop has stated that the bracelet will come with a certificate of authenticity to prove it is real), but eBay sales are also notorious for not getting any action until the sale is almost over.

According to other details included in the sale information for the WSOP bracelet, the Plano Pawn Shop also has another championship bracelet from Cloutier. This has been confirmed by Poker News Daily as the bracelet from Cloutier’s last major poker championship, the 2007 Scotty Nguyen Poker Challenge IV, and the Plano Pawn Shop’s minimum bid for that bracelet is $2,499. Both of the items are not only for sale on eBay but are also being offered in the Plano Pawn Shop and can be viewed by appointment only.

The actual cash value of a WSOP bracelet is surprisingly easy to determine. From information provided by the Plano Pawn Shop about the Cloutier bracelet, Poker News Daily has determined an approximate value for such an item. With its 96 grams (3.38 ounces) of 14 karat gold (which is 58% gold, with 24K being solid gold) and 0.25 carats in diamonds, the cash value of the 2005 bracelet is roughly $2,350. The inherent value in a WSOP bracelet, of which only about 500 have been awarded, is priceless.

As far as what Cloutier may have received for the WSOP bracelet, an examination of the pawnshop industry would be necessary. When a pawnshop buys a piece of merchandise, it usually will pay anywhere from 30% to 50% of the actual value of an item to ensure that they get a significant return on their investment. With the Plano Pawn Shop putting a price tag of $2,999 on Cloutier’s 2005 WSOP bracelet, it can be logically assumed that the poker pro sold the bracelet for somewhere between $1,000 and $1,500.

The sale of the bracelet has the forums burning with questions about the bracelet and Cloutier’s current financial status. On TwoPlusTwo, players are assuming that Cloutier has gone broke and needs the finances to continue playing poker (at this time, Cloutier has no sponsorship deal) or, some posters imply, to take to the craps tables. Many, however, are lamenting that Cloutier would part with one of his six WSOP bracelets. Poster “Dan_Vincent” writes in his post, “That's sad. You know he didn't get anything close to $2K for this.”

Others, perhaps cruelly, are making jokes about the issue. Citing one of the currently popular reality television shows, poster “Tom Bayes” says, “TJ should have gone on 'Pawn Stars.' Then Corey and Chumlee could have drooled on the bracelet, Rick could call up one of his numerous 'buddies' to give an 'expert' appraisal and then lowball the hell out of TJ, and then the 'Old Man' could tell us how 'real' poker was played 'back in the day.'”

For whatever reason, Cloutier felt as though these two bracelets were items that he could live without. With slightly more than 48 hours left in the two auctions, it remains to be seen how many bids Cloutier’s bracelets will get or if they will even be sold through the eBay auctions at all.

Inside Gaming: T.J. Cloutier’s WSOP Bracelet for Sale and a Political Battle in Alabama Heats Up

With poker at the center of our universe here at PokerNews, it's often easy to overlook everything else going on in the gaming industry. Today we're bringing you T.J. Cloutier's bracelet on eBay and a political gaming battle heats up in...

TJ Cloutier’s 2005 WSOP bracelet for sale on eBay

Hidden amongst the masses of unwanted Christmas jumpers, jigsaws of William Hague and other assorted tat is a 2005 WSOP bracelet.

Mike Sexton Tall Tales by Linda Johnson

I’ve had lots of highlights in my poker career, but attending the dinner and ceremony during which Mike Sexton was inducted into the Poker Hall of Fame is certainly among the highest. By now, I’m sure you know that Sexton was the only one who got inducted this year. If I were a betting woman, I’d bet that he got the nod from 100% of the voting media and living Hall of Fame members.

I was thrilled for Mike and honored when he called to let me know that he was the 2009 Poker Hall of Fame inductee. The night before the induction, I went to a private party at Mike’s house. Tales from Mike’s earlier days were being tossed about and this one was my favorite. When Mike was fairly new to Las Vegas, his longtime relationship with Chip Reese and Danny Robinson led to him hang out with many of the high-limit players at that time.

He met Puggy Pearson through Chip and Danny. Puggy was a “hustler” and eventually Mike and he made arrangements to play backgammon at a local bar for some fairly high stakes. By the time they actually played, Mike was, as he said, “between bankrolls.” He was a bit concerned that there might be some trouble if he lost because he couldn’t pay Puggy that night, so he asked his brother Tom to go with him in case things got out of hand. Puggy won the first few matches and had Mike stuck about $1,000. Puggy then said, “Son, I think we should settle up every time the figure gets to be $1,000, so pay me now and then we can continue to play.” Uh-oh… bad beat for Mike!

He looked at Puggy and said, “Well, I hate to say this, but I didn’t bring any money with me tonight. You know I’m good for it though.” Puggy then glared at Mike for about two minutes before breaking out into laughter. “What’s so funny?” asked Mike. Puggy replied, “Well son, I didn’t know what to do if I lost. I didn’t bring any money either.”

We swapped Sexton stories. I recalled the most exciting bet I’d ever been involved in: In 1998, Sexton, Bonnie Damiano, Jan Fisher, and I made a $5,000 bet with Erik Seidel that we could pick the winner of the WSOP Main Event if we got to choose 60 players. Erik would get the field versus our 60 players. Additionally, he was allowed to select 10 players that would be considered neutral, so if any of those people won, the bet would be a push.

This was a huge bet for us at the time, so Bonnie, Mike, Jan, and I met every day during the WSOP to modify our list. We would add players based on who was playing well and delete names of those who were having personal problems, money problems, doing drugs, etc. The final list that we turned in to Erik on the morning before the Main Event started looked nothing like the list we had originally concocted. To our dismay, there was a large number of entrants that year, 350 to be exact, which meant that after ruling out ten neutral players, we had 60 players against Erik’s 280.

Our dismay turned to joy as the field narrowed. We were already counting our winnings because there was one spoiler for us, Kevin McBride, who no one had even heard of before the final event. T.J. Cloutier was at the final table, but was a neutral player, so if he won, the bet would be a push. We had Scotty Nguyen, Lee Salem, and Dewey Weum on our list. I give Mike extreme credit for such great handicapping since back in those days, no one would have picked those three guys. When we heard Scotty’s words, “Call this baby and it’s all over,” it was music to our ears!

The Rio hosted a first-class affair for Mike’s induction. The decorations and the food in the Brasilia Room were impressive. Mike’s wife, Karen, and his 16-month old, Ty, were there as well as a veritable "who’s who" of poker.

In Mike’s acceptance speech, he credited the eight other nominees and then thanked some people who had helped him along in his career. Mike acknowledged that I was the one who gave him his start when I hired him to write a column for CardPlayer. That gave him exposure to the world, which ended up in him getting a call from Ruth Parisol to come help to India to help get an online site off the ground. That company turned out to be Party Gaming, which eventually sold for about $9 billion when it went public.

What Mike didn’t mention on his special night was that in the beginning, PartyPoker wasn’t all roses. Mike had encouraged PartyPoker to hire me as one of its spokespeople to add credibility to the site. Party definitely needed that credibility since there were problems with the software in the early stages. Mike and I went on public forums to soothe the naysayers and encouraged everyone to trust the site and give it time to fix the glitches. The players hung in there and the software became the best at that time.

Next, Mike came up with the idea for the PartyPoker Million. He had a vision that called for players to qualify online in $22 buy-in tournaments and then those players would win a cabin on a cruise ship and a shot at a $1 million prize pool. The only problem was that he needed someone to guarantee the $1 million. Card Player Cruises stepped up to the plate and made the guarantee. My word that the money would be paid was good enough to get lots of players to qualify. Unfortunately, not enough players qualified, so Card Player Cruises had to make up the $400,000 deficit. The Party Poker Million cruise launched with Kathy Liebert winning the first event.

Mike told some great stories at his induction and as usual, the audience was mesmerized.  I’ve known Mike for 20 years and cherish our friendship. Way to go, Mike!

Dream Team Poker Ends 2009 at the Bicycle Casino

It was a big year for Dream Team Poker.  In addition to holding successful events at Caesars Palace and as part of the World Series of Poker (WSOP) festivities, Dream Team ended the year on a high note with a tournament at the Bicycle Casino in Los Angeles that awarded its winners a couple thousand dollars and tickets to the 2010 Super Bowl.

The recent tournament was held as part of the casino’s Ho Ho Hold’em Series and featured a $67 buy-in for each individual.  If players could not form their own team of three players, the casino helped to group them into teams.  In total, 162 runners took part, generating an individual prize pool of $3,561 and a team prize pool of $5,340.  That amounted to $8,901, including $2,000 and four Super Bowl tickets added by the casino.

WSOP Academy coach Alex Outhred’s team, “Voltron,” was one of 54 that took part in the event.  Of those, six walked away from the tournament with money in their pockets and the winning team, “Met,” took down the top prize of $2,190 and three Super Bowl tickets.  Tony Hinojos was the highest finisher on the “Met” squad, coming in 12th place, while teammate Eric Lucero was hot on his heels in 13th.  The team’s third player, Michael Leidelmeyer, fared less well, busting out in 120th, but thanks to the strong showing by the other two, the team was able to beat out second place finishers “777” for the title.  On the individual front, Iris Gomez of “Team Come and Get It” took top honors along with $1,086 and a Super Bowl ticket of her own.  The top 12 finishers in the individual contest each won at least $105.

This past year may not have been Dream Team’s first year on the scene, but it was certainly the year that the team poker concept really took hold and gained popularity.  After holding its first tournament at the Hard Rock Casino in November of 2008, Dream Team returned to Las Vegas in March for a tournament at Caesars Palace.  A number of top poker pros and celebrities turned out for the event, which featured a $550 per person buy-in.  UB.com’s Phil Hellmuth and Joe Sebok, Full Tilt Poker pros Paul Wasicka and Mike “The Mouth” Matusow, T.J. Cloutier, Jerry Yang, and Team PokerStars Pro Dennis Phillips could be found on the felts.

It was a recognizable face in the winner’s circle as well, as 2006 WSOP Main Event champ Jamie Gold captained “Team Aced” to victory and the top prize of $59,940.  Danny Nelson of “Team BikerHaven.net” took the individual honor, while Gold’s girlfriend and teammate Ashley Nataupsky finished in fourth.

Just a few months later, Dream Team held an exhibition tournament as part of the WSOP festivities.  Although there was no bracelet on the line for the winners, the tournament provided a little fun and entertainment for players who had already busted out of the Main Event.  The pros once again took part and it was PokerHost’s Kenna James who took down the individual title and $16,473.

The team event was won by “Tao of Pokerati,” a trio comprised of Tao of Poker’s Dr. Paul Maguire, Pokerati’s Dan Michalski, and Lana Maier of CardRunners.  The trio had a little extra practice for the team event, as they were all members of the WSOP media, who took part in a Dream Team event of their own just a few days prior.  The media tournament did not offer the lucrative payouts of the other Dream Team events, but it did help raise money for charity.

Once the WSOP wrapped up, Dream Team rolled out a weekly series of events hosted by the Bicycle Casino.  The nine-week series began in October and the Ho Ho Hold’em Dream Team tournament served as the series’ championship event.  Teams that took down the weekly events earned the prize money and a free entry into the December 19th tournament.

There has been no official announcement about the future of Dream Team at the Bike, but considering the rave reviews it got from pros like Gold, Lacey Jones, and James, it seems like it will continue to be a presence on the live tournament circuit in 2010.

Taking the Underground by Lee Jones

The poker media industry is an interesting beast. It spends a lot of time covering tournaments because, well, tournaments are fairly straightforward to cover and people like to know who’s winning what. You have a starting day and an ending day and the tournament promoters have an interest in providing information to the media. You can show chip counts, the big winners and losers for each day, and more.

However, there’s a lot more to poker than tournaments and one of the reasons that I’m writing for Poker News Daily is that they understand that. While these other aspects of the poker world are not as easy to cover, they’re still interesting and important.

Recently, I was traveling and heard about an underground poker game. I suggested to my editor that it would make an interesting piece – including ideas about strategy changes one makes for such games. Let me pause here to say that I define an “underground” poker game as one that (1) runs fairly regularly, (2) is a for-profit enterprise, and (3) is illegal or quasi-legal in its jurisdiction.

Underground poker games are, of course, a long-standing tradition throughout the United States – simply the commercial version of home games that have made up the backbone of poker playing today. Most of the poker luminaries of the last generation – Doyle Brunson, Amarillo Slim, T.J. Cloutier, and Bobby Baldwin – built their bankrolls playing underground games. In fact, well-known blogger, geek, writer, and actor Wil Wheaton got his start in the poker world by writing a delightful piece about an underground game in Hollywood.

The venue of my underground game experience was not in Hollywood, but I won’t be more specific than that. One simply doesn’t give out the GPS coordinates of underground poker games. The host told me a general area of the city to go to and then asked me to call him; he gave me directions from there. I found myself at a nondescript, unmarked warehouse in a nondescript light industrial area. The description fit the instructions I had gotten on the phone and there were eight to ten cars parked where he told me to park. I immediately noticed one thing: the cars were all parked facing outward, as if people here had succumbed to the British passion for backing into parking places… or thought they might be leaving quickly.

I got to the unmarked door and pushed the doorbell. A few seconds later, an electric latch buzzed open and a young man in jeans and a sport shirt welcomed me in. “Lee? Hi – I’m Rich [names changed here]. Come on in.”

The warehouse had been minimally decorated, but as a functional poker room, it had everything you needed. There was a bar (everything is complimentary), a couple of big screen televisions showing sports, and Mexican food. There were a couple of couches in the middle of the room, but even with all the accoutrements, including the two casino-size poker tables, there was still plenty of room for a three-on-three soccer game.

The owner/host, Jerry, came over and greeted me warmly. He may have been running an illegal poker game, but Jerry was a consummate businessman and host. He worked tirelessly to ensure that his customers were taken care of.

There was a tournament that evening with a very reasonable fee and extraordinarily generous blind structure. Everybody was able to play a lot of poker and nobody busted out for at least an hour. Once eight or nine people were out, they started the cash game, which was really the centerpiece of the operation. On his busiest nights, Jerry had two tables going, but with the tournament, just one cash table went the night I was there.

The cash game is where Jerry made his money and this is where we’ll switch to discussing strategy changes for such games. First, the rake in Jerry’s games (and virtually all underground clubs) is high. Jerry’s price is 5% of the pot with a cap at $20. Basically, you’re paying Jerry’s insurance premiums. I note that while this would be considered usurious in any U.S. casino poker room or California card club, it’s actually less than people routinely pay elsewhere in the world to play poker.

Two important lessons come from this high rake:

Rule #1: Play Fewer Pots.  When the pot is being raked that heavily, splashing around and picking up small pots on the flop costs you a lot of money. You’re never getting quite the price you think you are and you’re basically just “churning” your money like a stock day-trader paying commissions on dozens of trades every day. It means you have to be that much more profitable just to break even. For instance, with Jerry’s structure, the rake isn’t capped until the pot reaches $400, which is an all-in coup between two players with $200 buy-ins (a typical amount).  Your goal should be to play fewer pots, but try to make those pots larger. In a perfect world, you want the pot to be over $400, reducing the actual percentage of rake that you’re paying.

Rule #2: Watch Out for Winning Regulars. As I played in the cash game ($1-3 No Limit Hold’em), it became clear that most of the players were regulars. I also quickly figured out who the tougher players were. Now, these guys are not only beating the game, but they’re also beating the crippling rake. So, they have a pretty good idea of what they’re doing, not only in general, but also in the specific context of Jerry’s game. They know who the fish are and the mistakes the fish are making. In fact, somebody who may be a fish with respect to the sharks in that game might have an edge on you simply because he knows these people and plays with them all of the time. Many of the players in these games battle against each other in home or underground games three to four times per week or more. That kind of intimate knowledge can make the difference between being a shark and being the target; it’s unlikely that you’ll be a favorite the first time you sit in Jerry’s game.

With that said, underground games certainly have their appeal. I will admit that it would have been fun if Jerry had a John Malkovich-inspired Russian accent, but poker is pretty much the same around the world. Once we settled down to play, both in the tournament and the cash game that followed, it could have been the Bellagio or my home game. There were cards and chips, blinds, raises, and bad beats. Some of the players were good and many were bad. There was certainly plenty of EV for a solid No Limit Hold’em player.

I’ll leave with just one very important disclaimer: when you play in an underground game, you have stepped out of the realm in which most of us live our lives. There is a reason why there’s a heavy door with an electronic lock and video cameras watching every outside corner of the building. The place could be busted by the police at any time or, much worse, held up. You are also almost certainly breaking the law. Think about all that before deciding to try out the underground poker scene.

Lee Jones is the Card Room Manager of Cake Poker and has worked in the poker industry for six years. He has been associated with professional poker for almost 20 years. He is also the author of “Winning Low Limit Hold’em,” which has been in print for over 14 years.

Mike Sexton Relives Poker Hall of Fame Induction

It was a great honor for me to be inducted into the Poker Hall of Fame.  It really is the ultimate career achievement award.  To know that you’ll always be linked to the legends of poker – guys like Chip Reese, Stu Ungar, Doyle Brunson, Puggy Pearson, Johnny Moss, and Jack Binion – is an awesome feeling.

Several things made my induction into the Poker Hall of Fame extra special.  The first is that this year, for the first time, a process was used to determine who would get in.  This included being nominated by the fans and then being voted in by the media and living members of the Poker Hall of Fame.  It also makes me the answer to the trivia question, “Who is the first player to ever get inducted into the Poker Hall of Fame through a voting process?”  The most meaningful part to me was to be welcomed into this exclusive club by the Hall of Famers themselves.

Another thing that made my induction so special were the 2009 nominees I was up against, literally a “who’s who” of the poker world.  Their poker accomplishments are amazing.  The other nominees were Barry Greenstein, Erik Seidel, Phil Ivey, Daniel Negreanu, Tom McEvoy, Dan Harrinton, Scotty Nguyen, and Men “The Master” Nguyen.  I truly believe that most, if not all, of these guys will be joining me in the Poker Hall of Fame one day – and deservedly so.

The induction dinner was held at the Rio during the dinner break of the World Series of Poker (WSOP) Main Event final table on November 7th.  It was a first-class, two-hour affair that was put on by Harrah’s and the WSOP and was sponsored by JAQK Cellars.  A special thanks to all of those people.  For all of us that attended, it was an evening to remember.  I believe the process of getting elected and the Poker Hall of Fame dinner add a lot of prestige.  I hope the induction dinner becomes an annual event.

I provided a slide show during dinner that featured my family (especially my one year-old son, Ty), numerous Hall of Fame poker players, and me.  The World Poker Tour (WPT) was kind enough to provide some entertaining footage of Vince Van Patten and me as well as some clips of Doyle Brunson and the 2009 nominees when they won on the WPT.  My brother Tom had some collages of me as well as some terrific pictures that were put on display.  All of these things added a great deal to the event.

The speakers must have thought this was a Mike Sexton roast, but I must admit that they were quite entertaining.  They included Doyle Brunson, Jack Binion, T.J. Cloutier, and Tom McEvoy.  Jeffrey Pollack then gave a very warm welcome speech and my brother Tom was the person I chose to introduce me. He was terrific, as I knew he would be.  Thanks to everyone for their participation.

No one gets to the top of any profession without drive, dedication, being in the right place at the right time, help from some key people, and the love of family.  All of those things certainly apply to me.  I spoke, wove my way through my career, and thanked those who were extremely helpful to me along the way.  They included Linda Johnson (who hired me to write for Card Player), Doyle Brunson (who hosted my Tournament of Champions and has been a longtime friend), Ruth Parasol (who hired me for PartyPoker), and Steve Lipscomb (founder of the WPT).

I was recently asked by a reporter, “What’s the neatest thing about being inducted into the Poker Hall of Fame?”  I said, “The neatest thing about getting inducted into the Poker Hall of Fame is when I think about my son and when he gets to Junior High and High School.  The other kids will say, “Wow!  Ty’s old man is in the Poker Hall of Fame.’  That’s really cool!”  And it is.

Being inducted into the Poker Hall of Fame is an honor I’ll cherish forever.

Mike Sexton Relives Poker Hall of Fame Induction

It was a great honor for me to be inducted into the Poker Hall of Fame.  It really is the ultimate career achievement award.  To know that you’ll always be linked to the legends of poker – guys like Chip Reese, Stu Ungar, Doyle Brunson, Puggy Pearson, Johnny Moss, and Jack Binion – is an awesome feeling.

Several things made my induction into the Poker Hall of Fame extra special.  The first is that this year, for the first time, a process was used to determine who would get in.  This included being nominated by the fans and then being voted in by the media and living members of the Poker Hall of Fame.  It also makes me the answer to the trivia question, “Who is the first player to ever get inducted into the Poker Hall of Fame through a voting process?”  The most meaningful part to me was to be welcomed into this exclusive club by the Hall of Famers themselves.

Another thing that made my induction so special were the 2009 nominees I was up against, literally a “who’s who” of the poker world.  Their poker accomplishments are amazing.  The other nominees were Barry Greenstein, Erik Seidel, Phil Ivey, Daniel Negreanu, Tom McEvoy, Dan Harrinton, Scotty Nguyen, and Men “The Master” Nguyen.  I truly believe that most, if not all, of these guys will be joining me in the Poker Hall of Fame one day – and deservedly so.

The induction dinner was held at the Rio during the dinner break of the World Series of Poker (WSOP) Main Event final table on November 7th.  It was a first-class, two-hour affair that was put on by Harrah’s and the WSOP and was sponsored by JAQK Cellars.  A special thanks to all of those people.  For all of us that attended, it was an evening to remember.  I believe the process of getting elected and the Poker Hall of Fame dinner add a lot of prestige.  I hope the induction dinner becomes an annual event.

I provided a slide show during dinner that featured my family (especially my one year-old son, Ty), numerous Hall of Fame poker players, and me.  The World Poker Tour (WPT) was kind enough to provide some entertaining footage of Vince Van Patten and me as well as some clips of Doyle Brunson and the 2009 nominees when they won on the WPT.  My brother Tom had some collages of me as well as some terrific pictures that were put on display.  All of these things added a great deal to the event.

The speakers must have thought this was a Mike Sexton roast, but I must admit that they were quite entertaining.  They included Doyle Brunson, Jack Binion, T.J. Cloutier, and Tom McEvoy.  Jeffrey Pollack then gave a very warm welcome speech and my brother Tom was the person I chose to introduce me. He was terrific, as I knew he would be.  Thanks to everyone for their participation.

No one gets to the top of any profession without drive, dedication, being in the right place at the right time, help from some key people, and the love of family.  All of those things certainly apply to me.  I spoke, wove my way through my career, and thanked those who were extremely helpful to me along the way.  They included Linda Johnson (who hired me to write for Card Player), Doyle Brunson (who hosted my Tournament of Champions and has been a longtime friend), Ruth Parasol (who hired me for PartyPoker), and Steve Lipscomb (founder of the WPT).

I was recently asked by a reporter, “What’s the neatest thing about being inducted into the Poker Hall of Fame?”  I said, “The neatest thing about getting inducted into the Poker Hall of Fame is when I think about my son and when he gets to Junior High and High School.  The other kids will say, “Wow!  Ty’s old man is in the Poker Hall of Fame.’  That’s really cool!”  And it is.

Being inducted into the Poker Hall of Fame is an honor I’ll cherish forever.

Mike Sexton Relives Poker Hall of Fame Induction

It was a great honor for me to be inducted into the Poker Hall of Fame.  It really is the ultimate career achievement award.  To know that you’ll always be linked to the legends of poker – guys like Chip Reese, Stu Ungar, Doyle Brunson, Puggy Pearson, Johnny Moss, and Jack Binion – is an awesome feeling.

Several things made my induction into the Poker Hall of Fame extra special.  The first is that this year, for the first time, a process was used to determine who would get in.  This included being nominated by the fans and then being voted in by the media and living members of the Poker Hall of Fame.  It also makes me the answer to the trivia question, “Who is the first player to ever get inducted into the Poker Hall of Fame through a voting process?”  The most meaningful part to me was to be welcomed into this exclusive club by the Hall of Famers themselves.

Another thing that made my induction so special were the 2009 nominees I was up against, literally a “who’s who” of the poker world.  Their poker accomplishments are amazing.  The other nominees were Barry Greenstein, Erik Seidel, Phil Ivey, Daniel Negreanu, Tom McEvoy, Dan Harrinton, Scotty Nguyen, and Men “The Master” Nguyen.  I truly believe that most, if not all, of these guys will be joining me in the Poker Hall of Fame one day – and deservedly so.

The induction dinner was held at the Rio during the dinner break of the World Series of Poker (WSOP) Main Event final table on November 7th.  It was a first-class, two-hour affair that was put on by Harrah’s and the WSOP and was sponsored by JAQK Cellars.  A special thanks to all of those people.  For all of us that attended, it was an evening to remember.  I believe the process of getting elected and the Poker Hall of Fame dinner add a lot of prestige.  I hope the induction dinner becomes an annual event.

I provided a slide show during dinner that featured my family (especially my one year-old son, Ty), numerous Hall of Fame poker players, and me.  The World Poker Tour (WPT) was kind enough to provide some entertaining footage of Vince Van Patten and me as well as some clips of Doyle Brunson and the 2009 nominees when they won on the WPT.  My brother Tom had some collages of me as well as some terrific pictures that were put on display.  All of these things added a great deal to the event.

The speakers must have thought this was a Mike Sexton roast, but I must admit that they were quite entertaining.  They included Doyle Brunson, Jack Binion, T.J. Cloutier, and Tom McEvoy.  Jeffrey Pollack then gave a very warm welcome speech and my brother Tom was the person I chose to introduce me. He was terrific, as I knew he would be.  Thanks to everyone for their participation.

No one gets to the top of any profession without drive, dedication, being in the right place at the right time, help from some key people, and the love of family.  All of those things certainly apply to me.  I spoke, wove my way through my career, and thanked those who were extremely helpful to me along the way.  They included Linda Johnson (who hired me to write for Card Player), Doyle Brunson (who hosted my Tournament of Champions and has been a longtime friend), Ruth Parasol (who hired me for PartyPoker), and Steve Lipscomb (founder of the WPT).

I was recently asked by a reporter, “What’s the neatest thing about being inducted into the Poker Hall of Fame?”  I said, “The neatest thing about getting inducted into the Poker Hall of Fame is when I think about my son and when he gets to Junior High and High School.  The other kids will say, “Wow!  Ty’s old man is in the Poker Hall of Fame.’  That’s really cool!”  And it is.

Being inducted into the Poker Hall of Fame is an honor I’ll cherish forever.

Mike Sexton Relives Poker Hall of Fame Induction

It was a great honor for me to be inducted into the Poker Hall of Fame.  It really is the ultimate career achievement award.  To know that you’ll always be linked to the legends of poker – guys like Chip Reese, Stu Ungar, Doyle Brunson, Puggy Pearson, Johnny Moss, and Jack Binion – is an awesome feeling.

Several things made my induction into the Poker Hall of Fame extra special.  The first is that this year, for the first time, a process was used to determine who would get in.  This included being nominated by the fans and then being voted in by the media and living members of the Poker Hall of Fame.  It also makes me the answer to the trivia question, “Who is the first player to ever get inducted into the Poker Hall of Fame through a voting process?”  The most meaningful part to me was to be welcomed into this exclusive club by the Hall of Famers themselves.

Another thing that made my induction so special were the 2009 nominees I was up against, literally a “who’s who” of the poker world.  Their poker accomplishments are amazing.  The other nominees were Barry Greenstein, Erik Seidel, Phil Ivey, Daniel Negreanu, Tom McEvoy, Dan Harrinton, Scotty Nguyen, and Men “The Master” Nguyen.  I truly believe that most, if not all, of these guys will be joining me in the Poker Hall of Fame one day – and deservedly so.

The induction dinner was held at the Rio during the dinner break of the World Series of Poker (WSOP) Main Event final table on November 7th.  It was a first-class, two-hour affair that was put on by Harrah’s and the WSOP and was sponsored by JAQK Cellars.  A special thanks to all of those people.  For all of us that attended, it was an evening to remember.  I believe the process of getting elected and the Poker Hall of Fame dinner add a lot of prestige.  I hope the induction dinner becomes an annual event.

I provided a slide show during dinner that featured my family (especially my one year-old son, Ty), numerous Hall of Fame poker players, and me.  The World Poker Tour (WPT) was kind enough to provide some entertaining footage of Vince Van Patten and me as well as some clips of Doyle Brunson and the 2009 nominees when they won on the WPT.  My brother Tom had some collages of me as well as some terrific pictures that were put on display.  All of these things added a great deal to the event.

The speakers must have thought this was a Mike Sexton roast, but I must admit that they were quite entertaining.  They included Doyle Brunson, Jack Binion, T.J. Cloutier, and Tom McEvoy.  Jeffrey Pollack then gave a very warm welcome speech and my brother Tom was the person I chose to introduce me. He was terrific, as I knew he would be.  Thanks to everyone for their participation.

No one gets to the top of any profession without drive, dedication, being in the right place at the right time, help from some key people, and the love of family.  All of those things certainly apply to me.  I spoke, wove my way through my career, and thanked those who were extremely helpful to me along the way.  They included Linda Johnson (who hired me to write for Card Player), Doyle Brunson (who hosted my Tournament of Champions and has been a longtime friend), Ruth Parasol (who hired me for PartyPoker), and Steve Lipscomb (founder of the WPT).

I was recently asked by a reporter, “What’s the neatest thing about being inducted into the Poker Hall of Fame?”  I said, “The neatest thing about getting inducted into the Poker Hall of Fame is when I think about my son and when he gets to Junior High and High School.  The other kids will say, “Wow!  Ty’s old man is in the Poker Hall of Fame.’  That’s really cool!”  And it is.

Being inducted into the Poker Hall of Fame is an honor I’ll cherish forever.

Mike Sexton Relives Poker Hall of Fame Induction

It was a great honor for me to be inducted into the Poker Hall of Fame.  It really is the ultimate career achievement award.  To know that you’ll always be linked to the legends of poker – guys like Chip Reese, Stu Ungar, Doyle Brunson, Puggy Pearson, Johnny Moss, and Jack Binion – is an awesome feeling.

Several things made my induction into the Poker Hall of Fame extra special.  The first is that this year, for the first time, a process was used to determine who would get in.  This included being nominated by the fans and then being voted in by the media and living members of the Poker Hall of Fame.  It also makes me the answer to the trivia question, “Who is the first player to ever get inducted into the Poker Hall of Fame through a voting process?”  The most meaningful part to me was to be welcomed into this exclusive club by the Hall of Famers themselves.

Another thing that made my induction so special were the 2009 nominees I was up against, literally a “who’s who” of the poker world.  Their poker accomplishments are amazing.  The other nominees were Barry Greenstein, Erik Seidel, Phil Ivey, Daniel Negreanu, Tom McEvoy, Dan Harrinton, Scotty Nguyen, and Men “The Master” Nguyen.  I truly believe that most, if not all, of these guys will be joining me in the Poker Hall of Fame one day – and deservedly so.

The induction dinner was held at the Rio during the dinner break of the World Series of Poker (WSOP) Main Event final table on November 7th.  It was a first-class, two-hour affair that was put on by Harrah’s and the WSOP and was sponsored by JAQK Cellars.  A special thanks to all of those people.  For all of us that attended, it was an evening to remember.  I believe the process of getting elected and the Poker Hall of Fame dinner add a lot of prestige.  I hope the induction dinner becomes an annual event.

I provided a slide show during dinner that featured my family (especially my one year-old son, Ty), numerous Hall of Fame poker players, and me.  The World Poker Tour (WPT) was kind enough to provide some entertaining footage of Vince Van Patten and me as well as some clips of Doyle Brunson and the 2009 nominees when they won on the WPT.  My brother Tom had some collages of me as well as some terrific pictures that were put on display.  All of these things added a great deal to the event.

The speakers must have thought this was a Mike Sexton roast, but I must admit that they were quite entertaining.  They included Doyle Brunson, Jack Binion, T.J. Cloutier, and Tom McEvoy.  Jeffrey Pollack then gave a very warm welcome speech and my brother Tom was the person I chose to introduce me. He was terrific, as I knew he would be.  Thanks to everyone for their participation.

No one gets to the top of any profession without drive, dedication, being in the right place at the right time, help from some key people, and the love of family.  All of those things certainly apply to me.  I spoke, wove my way through my career, and thanked those who were extremely helpful to me along the way.  They included Linda Johnson (who hired me to write for Card Player), Doyle Brunson (who hosted my Tournament of Champions and has been a longtime friend), Ruth Parasol (who hired me for PartyPoker), and Steve Lipscomb (founder of the WPT).

I was recently asked by a reporter, “What’s the neatest thing about being inducted into the Poker Hall of Fame?”  I said, “The neatest thing about getting inducted into the Poker Hall of Fame is when I think about my son and when he gets to Junior High and High School.  The other kids will say, “Wow!  Ty’s old man is in the Poker Hall of Fame.’  That’s really cool!”  And it is.

Being inducted into the Poker Hall of Fame is an honor I’ll cherish forever.

Mike Sexton Inducted into Poker Hall of Fame

Doyle Brunson kicked off the Poker Hall of Fame induction ceremony dinner at the Brasilia Room at the Rio All-Suite Hotel and Casino. The festivities honoring Mike Sexton occurred during the dinner break of the 2009 World Series of Poker (WSOP) Main Event final table at 7:00pm PT.

The guest list read like a “who’s who” of the poker community, including Howard Lederer, Phil Hellmuth, Jack Binion, Ali Nejad, David Singer, and Dewey Tomko. Also in the house was World Poker Tour (WPT) Co-Host Vince Van Patten, who told Poker News Daily, “I couldn’t miss this. Mike is such a great champion and a great friend of mine. What we share together on the WPT is one of the most important parts of my life. So many laughs and Mike is such a great guy. He is the real thing.”

The WPT is currently filming its eighth season. In fact, The Foxwoods World Poker Finals, the November WPT stop, is currently playing out at the Connecticut casino. On Van Patten and Sexton’s chemistry after eight seasons, the Poker Hall of Fame nominee’s co-host told us, “We could go for 25 years. We don’t get bored with it, we love it, and we’re not faking it. We’d probably do it for no money. We love it that much and we enjoy each other’s company. He’s one of a kind, a great family man, and the real thing in poker.”

Those on stage were Brunson, Jack Binion, Poker Hall of Fame Class of 2009 candidate Tom McEvoy, and T.J. Cloutier. The latter told the assembled crowd of about 175, “We both went broke plenty of times… This man would bet on anything… Mike always thought he was the best split pot player of them all. He could always play those eight or better games.” In fact, Sexton’s lone WSOP bracelet came in 1989 in a Seven Card Stud High-Low Split tournament.

McEvoy then took to the podium and admitted, “This man holds a grudge,” referencing a story from the first WSOP Pot Limit tournament ever held. Binion, a Poker Hall of Fame member who helped popularize the WSOP, commented, “Mike was the one who got PartyPoker started, the one who got the software started. He’s the one who really made poker.” Sexton currently serves as the ambassador for PartyPoker, whose parent company, Party Gaming, recently completed the purchase of the WPT for $12.3 million plus a percent of future gaming revenues.

WSOP Commissioner Jeffrey Pollack formally presented Sexton’s trophy and his speech was preceded by an emotional speech from Tom Sexton. The new Poker Hall of Fame member’s brother stated, “Mike has the gift of vision, where he can see things that others can’t in the poker world.” Sexton’s brother also referenced the WPT host testifying in a poker court case in South Carolina and serving as the spokesperson for approximately 500 players shut out of Day 1D of the 2009 WSOP Main Event when the contest reached capacity.

One of Tom Sexton’s most memorable quotes came when referencing the “Daddy Hall of Fame,” which he revealed, “If there were a Daddy Hall of Fame, Mike would be in it.” Young Ty Sexton, whose nursery has overrun the Sexton home’s dance floor, is just 15 months; Mike is 62 years-old.

Sexton received a 30 second standing ovation upon being introduced and recognized each of the other eight candidates for the Poker Hall of Fame Class of 2009: Phil Ivey, Daniel Negreanu, Erik Seidel, McEvoy, Dan Harrington, Scotty Nguyen, Men “The Master” Nguyen, and Barry Greenstein. Ivey, who was one of seven players remaining in the WSOP Main Event at the time, even stopped by, flanked at the door to the Brasilia Room by Layne Flack, Lacey Jones, and Nejad.

Sexton took the time to recognize a bevy of individuals, including Linda Johnson, Steve Lipscomb, and Brunson. He also recalled a phone call received over Christmas in 2000 from Ruth Parisol, co-founder of Party Gaming, who asked him to fly to India to launch the then-nascent online poker site. After eight months, PartyPoker was born, quickly challenging Paradise Poker for tops in the industry.

JAQK Cellars presented the two-hour affair, which wrapped up at 9:00pm PT. The living Hall of Fame members then took to the stage of the Penn and Teller Theater to resume play in the WSOP Main Event final table, with Sexton issuing the evening session’s “Shuffle Up and Deal” command.

Spike to televise U.S. Poker Championship

The $5,000 main event, which takes place at Trump Taj Mahal in Atlantic City, will be broadcast on the edgy Spike network thanks to an agreement with Las Vegas-based production company Compass Entertainment LLC.

"It's hugely exciting to have the USPC back on national TV," said Tom Gitto, director of poker operations at the Taj Mahal. "We knew that in order to ensure that the USPC would be more attractive to poker players we would need a solid TV deal."

Compass Entertainment was responsible for filming the poker movie Deal with Burt Reynolds and Shannon Elizabeth along with the reality TV show Rounder Life.

"We are ecstatic to be teamed up with Trump Entertainment and we look forward to delivering a top notch production," said a spokesperson for Compass Entertainment.

The U.S. Poker Championship will run Nov. 2-24, 2009, with a total of 24 events on the schedule. The series will culminate with the $5,000 main event, which begins Nov. 20.

"The entire Trump organization is firmly committed to doing something special each year to make the USPC sizzle, so this year we've added a $2,500 Pot-Limit Omaha Championship event, which will be televised as well," added Gitto.

Since its inception in 1996 the USPC has been frequented by poker greats like Daniel Negreanu, Phil Ivey, Erik Seidel, John Juanda, T.J. Cloutier and Phil Hellmuth.

For a complete look at the schedule click here or to reserve a seat in the tournament go here.

Visit PokerListings.com

United States Poker Championship Signs New Television Deal

After a two-year break from television coverage, the United States Poker Championship (USPC) at the Trump Taj Mahal in Atlantic City, New Jersey will be broadcast on television for the next five years.

The USPC, after the deal brokered between executives at the Trump Taj Mahal and the Las Vegas television production company Compass Entertainment, LLC, will be broadcast on the cable channel SpikeTV. As of press time, no broadcast dates had been firmly announced. In addition to the broadcast of the $5,000 Championship Event, officials with both organizations are preparing for a major televised event, which will tape other contests during the November 2nd to 24th schedule.

Tom Gitto, Director of Poker Operations at Trump Taj Mahal, stated during the announcement, “It’s hugely exciting to have the USPC back on national television again. We knew that, in order to ensure that the USPC would be more attractive to poker players, we would need a solid television deal. The entire Trump organization is firmly committed to doing something special each year to make the USPC sizzle.”

As a part of the attempt to draw more players to the entirety of the tournament schedule, some of the other events will also be taped for broadcast, Gitto said. “We’ve added a $2,500 buy-in Pot Limit Omaha Championship Event, which is a part of the television broadcast schedule. The Taj is also organizing high-stakes cash games on Sunday, November 15th, and Sunday, November 22nd.”

Trump Taj Mahal Casino Manager Frank Leone believes the new deal with Compass is a “no-brainer” and commented, “We look forward to a long and successful partnership with the Compass Entertainment organization. They have the capability to capture the excitement of the USPC in a fresh and exciting way, which will differentiate this marquee event from other televised poker tournaments.”

The USPC has been considered one of the prime tournament poker stops due to its longevity and history of champions. When it was created in 1996, players held it in high esteem because of the dearth of high buy-in tournaments. As time wore on, however, the USPC began to lose some of its luster.

After the explosion of the World Poker Tour (WPT) in the early part of this decade and the increased importance of the World Series of Poker (WSOP) and its Circuit events, the USPC began to lose players. Although ESPN had the broadcast rights to the USPC, the cable sports giant stopped airing it after the 2006 tournament. Last year’s festivities drew only 52 players for the $10,000 Championship Event and this year’s will have a $5,000 buy-in.

From the first final table in 1996 and the crowning of the late Ken “Skyhawk” Flaton as its champion (with Surinder Sunar and Phil Hellmuth also at the final table), the USPC Championship Event has featured many players who have gone onto poker immortality. Poker Hall of Famers Dewey Tomko and T.J. Cloutier headline a list of players who have appeared at USPC final tables that includes 2009 November Niner Eric Buchman, Erik Seidel, and John Juanda. Past champions include Daniel Negreanu (1999), Men “The Master” Nguyen (2001), John “World” Hennigan (2002), Alex Jacob (2006), and defending champion Robert Ford.