PokerStars to celebrate 100 Billion hands in June

Throughout June, PokerStars players like me are being treated to what can only be described as one of the biggest months in poker EVER with the 100 Billionth hand promotion!

PokerStars are running their promotion throughout June to celebrate 100 Billion poker hands having been played, 100 BILLION! Officials say they are expecting the 100 billionth hand to be dealt around the 14th June this year, with one hand paying $1 million ( the Million Dollar Hand).

PokerStars Ultimate Freeroll

I personally am more looking forward to getting stuck into some of the other promotions that they are offering throughout the month, one of them being the Ultimate Freeroll which is a special freeroll tournament which is offering a $1,000,000 prize pool and the winner will grab the grand prize of $50,000. For those also interested in the Ultimate Freeroll, it is going to take place on 30th June.

Of course, other promotions will be running throughout the month to celebrate this jaw dropping event, and more information on all of the promotions that are running is available at pokerstars.com along with a pretty cool video which can only add more excitement to the event!

For those that are new to poker and want to take part in the month long celebration but don’t know exactly how to play poker, read through the Poker Strategy guide at poker.gamble.co.uk – i found it to be very helpful and it has certainly improved my play style! Good Luck to everyone taking part this month and let me know in the comments if any of you have any impressive wins.

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PokerStars to Buy NJ Atlantic Club Casino

Rational Group, parent company of PokerStars and Full Tilt Poker has joined an agreement to purchase the Atlantic Club Casino Hotel in Atlantic City, New Jersey.
The Hotel is currently owned by Resorts International Holdings, although it is known that it is currently struggling, and reports from early December 2012 suggested that the purchase would cost less than $50 million which baffled some poker players as to why the price was so low.

Rational Group’s PokerStars to enter New Jersey Market

Acquiring the Atlantic Club Casino Hotel would safely secure almost 2,000 jobs, although any details regarding the terms of the deal, including the purchase price have not been disclosed, so it is all currently speculative.
It has been known for some time that the Hotel has been operating at a loss of millions, however the Rational acquisition is thought to improve financial viability of the Casino, and increase the offerings available in Atlantic City.
The first 9 months of 2012 saw a $13.6 million operating loss, and the final quarter’s data will not be released until later in 2013. With gambling revenue falling 11% in 2012, Atlantic Club fell to 10th place (out of 12), something needed to change.

New Jersey to legalize Online Gambling

This purchase agreement has come to light at the same time New Jersey has put forward proposals for legalizing online gambling. On 20th December last year, the legislature approved a bill that would allow online gambling in New Jersey, however, the measure is waiting to be signed into law by Gov. Chris Christie, who has until the beginning of February 2013 to decide to sign it or veto the decision. After vetoing a separate online gambling bill almost two years ago, as it would have “violated New Jersey’s constitution”,  the new bill proposal is said to be revised to address Christie’s constitutional concerns.

An amendment to the bill, added in December 2012 allows offshore companies to apply for NJ casino licenses, which obviously allowed Rational Group (located on the Isle Of Man) to swoop in. Being one of the biggest online gambling operators worldwide, Rational Group is expected to be put under intense regulations in New Jersey. After paying $547 million last year over Full Tilt Poker, Poker Stars have admitted to no wrongdoing or guilt, and can re-enter the US marketplace in states and jurisdictions where online gambling is legal.

The Division of Gaming Enforcement confirmed that an application was received from PokerStars on Tuesday.
More news will be posted as and when it is released, you can read more on the application for the license at poker.gamble.co.uk

Jake Cody joins PokerStars

Jake Cody, 24 is announced as latest member of Team PokerStars

Jake Cody has been announced as the latest member of Team PokerStars by Daniel Negreanu, shortly before Day 1B of PCA Main Event in the Bahamas commenced.

The 24 year old from Brimington, England first appeared on the European tournament scene in 2010 when he participated in some major events, winning €857,000 in Deauville in January, and then £273, 783 at the Main Event of the World Poker Tour in London in August. He also revealed that since he began playing online poker, he deposited an initial $10 and has not yet deposited since.

The announcement that he had joined Team PokerStars came on Wednesday, after he left PKR a few months ago (He joined Team PKR Pro in November 2011). Clearly it didn’t take him long to find a new sponsor.

After being announced as the latest member by Negreanu, Cody said: “Team PokerStars Pro is the holy grail of poker sponsorship. It has been a long term goal for a while now and for it to finally happen feels like a dream come true.”

Negreanu, after making an introductory speech for the new Poker Pro, turned to Cody and presented him with a Team PokerStars Pro patch infront of everybody gathered for the Day 1B of the PCA Main Event. He followed with “And it’s official, Good luck my man.”

After the events caught up with him, and it all settled in, Cody said that it was a dream come true, and that he just wants to win. Now that’s fighting talk!

Jake Cody Triple Crown Winner

Jake shouldn’t be put off by the media attention and masses of Poker players and fans that were gathered at the event where his sponsorship was announced, as at the young age of 24, he has already achieved the title of Youngest Triple Crown Winner.
He achieved this title by winning the following events:

Jake Cody, Team PokerStars Pro

€5000 EPT Deauville, €857,000 ($1.2m) in January 2010
£5000 WPT London, £273,783 ($425k) in August 2010
$25,000 WSOP Heads Up Championship, ($851k) in May 2011.

This brings his overall Live Tournament winnings to a massive $3,156,032. So it really is no wonder that PokerStars wanted to snap the Brit up as their latest Poker Pro.

After a quiet year in 2012, due to not playing many live games, he is determined to bounce back this year and show the Poker World what he’s made of.
In 2012, Jake earned $54,988, meaning it wasn’t his best year, however, with his $3+ million career earnings, AND a sponsorship with PokerStars, he definitely has a lot to look forward to in 2013.

PokerStars to expand Live Casino Portfolio

PokerStars enters Gran Casino Madrid

News has come forward that PokerStars are now looking to close a deal on the Gran Casino Madrid in Spain, in order to give their customers a complete makeover and offer an enhanced poker playing experience in Early 2013.

The plan is for PokerStars to expand further into real life casino, with the addition of the poker room at the Casino Gran Madrid, Spain. The new makeover should create “a new décor for the new era”, and live tournaments should commence early in 2013.

Casino Gran Madrid in PokerStars takeover

Source: casinogranmadrid.es

The Gran Casino Madrid will join London’s Hippodrome, The Circus Groupe in Belgium, and the Grand Waldo in Macau in being a member of PokerStars’s team of land based players. Recently, more news has come forward regarding PokerStars’ plans to buy the Atlantic Club Casino in New Jersey, increasing their portfolio of land based casino’s, but also getting a foot back into America.

The Casino Gran Madrid is just 18 miles out of Torrelodones, which is currently the largest Casino in Spain. PokerStars boasts the title as the market leader in Spain’s online poker market, owning roughly 70% of nationally regulated online poker games there.

PokerStars in Talks To Buy NJ Casino

PokerStars in talks to run online poker in New Jersey

Poker giant, PokerStars are said to be in ‘advanced talks’ to purchase the Atlantic Club Casino Hotel in New Jersey, in the hopes that the regulators will let it legally run online poker games.

The news came last Thursday after it was announced that the Atlantic Club Casino Hotel (previously Atlantic City Hilton) was struggling, and PokerStars saw it as an opportunity to buy in. PokerStars aim is to try and get permission to run online poker games in New Jersey legally, as it is currently not allowed.

The interesting point that has raised interest is that reports suggest the purchase of the Hotel/Casino is going to cost around $50 million, which is incredibly low for the area, but then goes back to the point that the Hotel/Casino is struggling. Various articles are suggesting that the purchase is being done purely so Poker Stars can get it’s foot in the door of legal online poker in NJ.

If the file for the license is approved, Poker Stars would gain full control over assets of the Atlantic City Casino. Atlantic City casino’s have been hit hard by economic strain, meaning less people are visiting the casino’s, and they are also taking a hit because of other state casinos. Although, New Jersey’s Atlantic City does have the second biggest gaming market in the USA, only beaten by Nevada.

It is also thought that the recent Hurricane Sandy may have affected earnings for the next two quarters, as all 12 casinos in Atlantic City were closed for 5 days. This means we will have to wait and see whether or not the PokerStars license is approved.

To read more information on the PokerStars Application for the Atlantic City Casino Licence, visit poker.gamble.co.uk

PokerStars relaunch Full Tilt Poker on November 6th 2012

PokerStars are relaunching Full Tilt Poker for players outside of the U.S.A on 6th November 2012. All non US account holders have recieved e-mails recently telling them that they are going to receive unrestricted access to their accounts with full balances restored, after they were frozen and shut down in June 2011. When the new Full Tilt website launches on the 6th, players will be able to use their existing funds to play games on the website, or they will be able to cash out and retrieve their money. The website’s homepage, www.fulltiltpoker.com is currently being used as an FAQ page, as understandably there is going to be a lot of questions raised over the coming weeks.

Players are also being told that they can transfer funds from their Full Tilt account over to a PokerStars account, allowing them to play on either website. This is due to the Full Tilt purchase by PokerStars, however we are being told that the Full Tilt site is going to continue to operate seperately from the PokerStars brand.

For the European countries which gambling legislations mean they cannot access their Full Tilt accounts, existing members have been told that they need to open a PokerStars account and then link it to their existing Full Tilt Poker account, where they will then be able to transfer across any funds they have. These countries are unable to play Full Tilt Poker under new licensing laws. Players in the US are facing further difficulties in claiming back their money, despite PokerStars offering to reimburse players, the US Department of Justice have taken on the job themselves on behalf of Full Tilt players. So far there has been little information on how this is going to happen.

For Full Tilt players that aren’t familiar with PokerStars, go to www.poker.gamble.co.uk for a helpful review

 

Is PokerStars Taking Over Full Tilt Poker?

Dramatic Full Tilt news has been revealed yesterday. It seems that PokerStars might take over Full Tilt Poker for good. However there is absolutely nothing for Full Tilt players to worry about. Rumour has it that PokerStars will refund all FTP players money. The GBT Attorney points that there were two main reasons of what went wrong with purchasing FTP:

One of them was that Group Bernard Tapie couldn’t reach an agreement about repayment to players. The second point of concern was the interpretation of the deal in different countries outside the US.

GBT Attorney Dayanim comments on PokerStars rumour:

“If there is a deal with PokerStars, it very well could be the case that they decided that the two risks I just outlined were acceptable in light of an overall resolution to the DOJ legal position. They could have decided that those risks were small in the grand scheme of their situation, and that they would therefore be willing to deal with them.”

There is a post on 2+2 Forums that stresses:

PokerStars has reached an agreement with the U.S. Department of Justice to buy FTP. The things I heard:

• All players will be refunded 100%
• Both sites back online
• Both sites have promotions
• Employees remain in both places

The PokerStars themselves released the following statement:

“We’ve had a lot of enquiries and there’s lots of speculation on the forums, so I wanted to address the PokerStars chatter. As you know, PokerStars is in settlement discussions with the U.S. Department of Justice. As such settlement discussions are always confidential, we are unable to comment on rumors. As soon as we have information to share publicly we will do so.” – Eric Hollreiser, Head of Corporate Communications, PokerStars

Alexandre Dreyfus, the CEO of Chilipoker, tweeted “PokerStars buys Full Tilt for a consideration of $750m, including settlement with DOJ and full balances of players ($330m). I’m impressed”.

It also looks like Full Tilt Poker will be soon available for US players as well. That is great news for USA Poker players. So everything is going well for Full Tilt, either way the players from Europe and rest of the world will get their money pretty soon.

Don’t forget to check back as I will be posting some major updates. I will also try to summarize everything I find on the internet, so you will not have to look in different sources all the time my friends 🙂

If you find yourself asking  how do you play poker, check some useful guides and tips on poker.gamble.co.uk

Zoom Poker Strategy on PokerStars

Hello everyone, it’s been a while since I wrote some poker guidance and tips (simply because I was busy with some other stuff like finding latest news on Full Tilt 🙂 . Anyway, I decided to write a short guide on Zoom Poker Strategy on PokerStars. I will not go in to details for every tips assuming you already know the basic and you don’t need in-depth analysis.

ok here goes:

General Zoom Poker Trend can be described as: WAIT FOR THE GOOD HAND AND RAIS – that is why we want to exploit this trend for our benefit and profit:

Rule #1 – Use Statistic on your opponents (for example Holdem Manager)
Rule #2 If you see a raise from UTG they guy probably has QQ+ AKo+ so there’s no value for you to call unless you have a pocket pair for set value on the flop
Rule #3 You have to exploit the general trend by raising marginal hands. It means you can add extra 5% from your average PFR range. No one will ever call you unless they have a proper hand, and even if they do they will fold 66% of the time on Flop CB
Rule #4 You have to 3bet more often with block hands especially if the raiser is in MP+
Rule #5 You have to defend your blinds, as a lot of players assume that you have already left the table
Rule #6 You have to still the blinds more as most of the players have already moved to another table
Rule #7 Take notes
Rule #8 Don’t ever limp
Rule #9 Don’t get too creative especially on the low limit games.

Hopefully this Zoom Poker Strategy on PokerStars will help anyone who just started playing Zoom Poker. You can also find some decent poker strategies on poker.gamble.co.uk

Rush Poker on PokerStars

One of the latest features on Full Tilt Poker before closure has been Rush Poker. Basically it allows you to skip the part where you need to wait for the next hand after folding, so as soon as you fold you get redirected to the next table right away. This software allows you to play 250-400 hands depending on how tight or loose you play.

It looks like PokerStars are bout to introduce similar feature on their poker site. It is called “Zoom Poker“, the idea behind it is pretty much the same as Rush Poker. The Zoom Poker hasn’t been officially launched,  it addition, players can’t play for real money yet – cause it is a beta test, however, play money are available just to test the new software. Players can download the new software, which hasn’t been tailored to PokerStars official poker room yet here.

Hopefully in a few weeks time we will be able to play Zoom Poker on PokerStars for real money, which will be accessible from PokerStars main lobby. I think it would be quite interesting to try this PokerStars Rush poker on mobile phone.

Can’t Access PokerStars Account

It seems that a lot of people have been experiencing troubles accessing PokerStars. The reason being is that PokerStars have been maintenancing the server. It is unclear what the reason for was; however PokerStars had to restart the server, which meant that players couldn’t access PokerStars account for quite some time.

There is actually nothing major to worry about as all of the games and tournaments have been frozen, which means that no sessions on cash tables or tournaments have been lost, and players were able to play again as soon as the server was up.

PokerStars have made ad official apology to everyone who had issues accessing their account at that particular time of the day, saying: “Normal service has resumed worldwide, we apologise again for the inconvenience. Thank you all for being so patient and understanding” @PokerStars

If you still can’t access Poker Stars Account you can try doing the following:
1. Clear you cache files
2. Delete cookies
3. Delete temporary internet files
4. Reset your internet connection

The server is now up and everything should be fine, so you can start grinding again 🙂