
I was looking over the schedules for all the tournaments in Las Vegas this summer and I came across an event I had overlooked when the World Series schedule first came out. On June 4th, World Championship Mixed Event appears on the WSOP schedule. A ten thousand dollar buy-in event, this one has missed a lot of media coverage, which it will definitely get when it is played over the three days (6/4-6/6). Unlike the Mixed Hold'em events which are No Limit and Limit Hold'em or the H.O.R.S.E. events made up of five events: Limit Hold'em, Omaha8, Razz, Stud and Stud8; the World Championship Mixed Event is made up of eight different poker games.
There will be two Mixed Hold'em tournaments this summer ($5,000 and $1,500) and three H.O.R.S.E. events ($3,000, $1,500 and $50,000) but only one $10,000 Mixed Event with all eight games.
Games in order for the Mixed Event will be:
Triple Draw Deuce to Seven Lowball
Limit Hold'em
Omaha 8 or better
Razz
Seven Card Stud
Stud 8 or better
No Limit Hold'em
Pot Limit Omaha
The game changes every eight hands. Levels are 60 minutes. There are three different blind structures for each level to accomodate the different games.

"It was chance created the poker beast; beancounters will kill it."
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Economics and Poker will clash this summer among the slightly tarnished gaming glitz of Las Vegas. Dispassionate observers of the poker world realize that this may be the watershed moment in the continuation or the demise of the "poker boom" worldwide.
Let's deal with the jingoism first: the United States is not the center of the universe. However, in some areas the U.S. does lead and one of those areas is 'poker as a recreational fad'. The central elements present in the U.S. that have fueled the poker boom are: the high proportion of casinos and card rooms available to the population; a large middle class with disposable income; high amounts of leisure time to pursue gaming as a hobby; relatively lenient social restrictions on gambling. Add to this the holy trinity of: the internet, television hole card cams and Chris Moneymaker; shake and stir and you have the poker boom of the last five years birthed in the United States.
The first nail in the poker coffin was indisputably the passage of the Unlawful Internet Gaming Enforcement Act in 2006. While online poker remains available to everyone who is really interested; any trend, craze, furor or fad like all good pyramids needs a constant influx of bodies to provide new fuel and new fodder. The UIGEA strangled that conduit of new poker players in the U.S. and hurt online sites globally that relied on U.S. players. While many internet sites continue to flourish, we all dream of what might have been had the wealth of new U.S. players not been shutoff.
But why will this summer be such a telling moment for poker? Well, the pieces are in place for the perfect storm of economic factors to lay bare the shaky fiscal underpinnings of the poker phenomenon. First and most obviously, the whole world will be watching the World Series, which begins here in Las Vegas in just two weeks. In fact, our first piece of evidence is the change in the WSOP schedule moving the main event final table to November. Clearly, this is an attempt to salvage the declining viewership on ESPN. Sure, sure there are other PR reasons being floated for the experiment but the television numbers don't lie.
Further evidence of the slowly failing interest in televised poker: the World Poker Tour is set to begin its 7th season with the Bellagio Cup in mid-July. At this point there is no television contract for the filming of this season's tournaments. The Game Show Network and WPT have not announced any agreement and speculation is that based on the viewer numbers for season six, the first on GSN, there may be no season seven contract for television. No television would mean few, if any, professionals would travel to the WPT events outside of Las Vegas. For more details on GSN, the WPT and High Stakes Poker check out the story on Pokerati and be sure to read the comments section for Oliver's insightful contribution.
Now there are many arguments to be made about bastardizing poker to the whims of television. Over the past several weeks we have all heard rants and raves about the benefits of television exposure. I feel no need to cover that ground again. If you would like to read two well reasoned expositions on both sides of the TV/Poker divide, I would direct you to Short-Stack Shamus for a moderated view on the whole issue and to my good friend and writing partner Amy Calistri for a sad lament on what television has done to poker.
OK, let's review. UIGEA - bad for poker. Television - good or bad for poker but ratings numbers are falling. The WSOP is about to begin, so why is this summer different from every other WSOP?
The U.S. is in a recession, well someone had to say it. Revenues at Las Vegas casinos was off a whopping 30%, first quarter 2008 compared to first quarter 2007. Fewer tourists and players are visiting Las Vegas. Those who do come are spending less on gaming, food, rooms, entertainment and shopping. Some of the smaller poker rooms in Las Vegas have closed, other rooms are limiting their hours and rumors of more closures are in the air. As the poker world turns its eyes to the World Series, everyone will be looking at the numbers.
Will the first $1,500 NLHE event on Saturday May 31st draw a monster field? Well, yes it will.
Will the main event numbers hold up? Maybe, perhaps a few more then last year or a few less.
The real numbers will come from the 53 events in between those two tournaments. How many players will make the commitment to a summer in Las Vegas this year? Sure the professionals will be here, that is not in question, this is what they do for a living. What we will discover is whether the second and third tier players still have the bankroll to play the Series in this economic climate. Will a bunch of poker buddies from Chicago still make the trip to try their skills against the best in the world or will they instead go to a local casino back in the Midwest and play some $100 tournaments? Remember when Chris Moneymaker won his bracelet in 2003 there were 36 events in the Series not the 55 there are today. Chris defeated 839 entrants in the main event not six or seven thousand players of the past several years.
So why will the summer (and one Tuesday night in November) of 2008 be so significant to poker? The World Series of Poker remains the premiere event in poker. Whether Harrah's/Caesars keeps the WSOP franchise or sells it off or moves it to a truly "World" Series by holding it in various international locations; a lot of those decisions will be based on what happens this summer. If the numbers are down, then the franchise is worth less. If the numbers are steady and the new final table format is a rating success, then we should expect more expansion and innovation from the WSOP brain trust.
What is likely to happen? I honestly don't know, I am in the reporting business not the prognosticating game but I will be here all summer bringing you news from the WSOP and from the entire Vegas poker scene. We are going to focus on background stories and player contact away from the tables. We will find out how the players think and feel about the current state of poker. Is the boom over? Who is playing more? Which players are planning for a life after poker? Is the death of poker in the wind or is the boom still booming?
While nearly all of the European Union members could be and perhaps should be arguing over the myriad of byzantine online poker regulations; it appears that historical antagonists are now going to verbally spare over the dispute.
The UK House of Lords has condemned the French government and the gambling laws that protect their monopoly on gaming and poker, calling the laws "atrocious." Interestingly, the French have recently given signs of moderating their position and there are certainly more intractable members of the EU on this issue. The French government has certainly delayed its response to pressure from the EU commission on the free trade aspects around online gaming. But one wonders why now? And why point out that the punishment for online gambling is the same as for child pornographers?
Lord James of Blackheath pointed out that the punishment for a French national to place a bet with a British online bookmaker is one year in prison and a Euro 75,000 fine, the same punishment given pedophiles that download child porn.
One wonders if the European Union must now step up and actively pursue one or more countries whose online gaming laws leave them outside the statutory mandates of the EU for free and fair trade.

A final table battle on the high seas takes place today aboard the Party Poker Millions Cruise VI. Germany’s Dominik Stopka enters as chip leader, but only by a single chip over Alexander Jung also from Germany. The final nine also include Sweden ’s 2008 PartyPoker Late Night Poker winner Andreas Jorbeck, Johannes Strassmann and Mika Paasonen. All have tasted recent success on the European circuit. Amongst those to miss out on the final table include Thomas Bihl, Mike ‘Timex’ McDonald, Florian Langmann and Christop Haller.
For a summary of all the final table action check the PartyPoker Blog.
Here are the final table players with beginning chip counts, we will add the finishers as they bust out down to the champion.
SEAT 1 – KENNETH GREGERSEN – Denmark - 44,000 9th place
SEAT 2 – RAYMOND ESTALL – UK - 187,000 5th
SEAT 3 – JOHANNES STRASSMANN – Germany - 182,000 7th
SEAT 4 – ALEXANDER JUNG – Germany - 326,000 CHAMPION
SEAT 5 – MIKA PAASONEN – Finland - 236,000 4th
SEAT 6 – DOMINIK STOPKA – Germany - 327,000 2nd
SEAT 7 – CORY ALBERTSON – United States - 90,000 3rd
SEAT 8 – PETER STEINLESBERGER – Austria - 132,000 8th
SEAT 9 – ANDREAS JORBECK – Sweden – 182,000 6th
Poker Pro Phil Gordon did a recent interview with those folks over at Freakonomics. Phil has always been an keen observer and no-holds commentator on the real life of the professional poker player. Here are a few of this comments.
Q: What percent of your success would you say is attributable to randomness?
A: Randomness, otherwise known as “variance” at the poker table is much bigger and more important than most poker players realize. I have a simple theory: change 10 river cards in any poker player’s tournament career and I would bet that they would be a losing tournament player for their career.
You might need to set aside players like Doyle Brunson here or maybe just up the number to 20 or 30 but Phil's point is correct. There are several bookkeepers and more than ten chiropractors who would be well known poker professionals today if that one river card had gone the other way. By the same token, there are a couple of guys walking around with a WSOP bracelet on their wrist who should get out before variance brings them down to their true skill level.
___________________
Several of the questions had to do with professional players and their gambling habits, I have grouped those answers together for Phil's harsh but realistic assessment of poker professionals and money management.
Q: What percentage of professional poker players would you consider to be compulsive gamblers?
A: Ninety percent of the “professional players” I know have some serious “leaks” that affect their ability to hold on to their money.
Whether it’s playing too big for their bankroll or betting on sports or casino games, these leaks have a way of keeping many of them completely broke no matter how much they win on the tournament circuit.
One of the “requirements” to be a great player is being able to divorce yourself from money and its value. Making good decisions at the poker table means that you must have the ability to “put a Ferrari” in the pot if it’s right to do so. That lack of respect for the buying power of money leads to financial problems for many of the best players in the world.
If I had to guess, I would say about 50 percent of the “name pros” you see on television on a regular basis have a negative net worth.
Q: What are the finances of some of the top pros like?
A: Some: poor, reckless, with no shot at improving long-term. Others: multi-million dollar mansions, $5-plus million a year income, and no financial worries.
As I said, harsh but true.
And some poker advice from Mr. Gordon, which might run contrary to the accepted wisdom.
Q: What skill is more important in Holdem: discipline in the range of hands you play, or the ability to read the other player?
A: Hand selection is the most important in my opinion. A blind guy who has good hand selection skills could win a world championship. A guy with 20/15 vision who picked up all the tells but played every hand might never win.
Q: What is the most dangerously deceiving starting hand for an amateur player in Texas Holdem?
A: It’s a tie … AQ, KQ, and QJ. Those are death hands to be avoided at all costs, especially if your opponent has made any aggressive move pre-flop.
And you thought he would say AK or maybe JJ, right?

Two members of the European Union appear headed in opposite directions as far as regulating online poker. One country is considering abolishing existing restrictive legislation, while the other is preparing to regulate online poker for the first time.
The French appear ready to reconsider their online gambling monopoly perhaps due to pressure the European Union. France is reportedly reconsidering its policies regarding online gambling. French residents may soon get the chance to again play at a regulated online gambling sites.
French law currently states that online betting is not allowed. However, the European Commission of the EU is pressuring France to conform to the EU treaty regarding free competition with other member nations. Reliable sources have the new regulations allowing online betting on sporting events – including poker games.
Finland, on the other hand, currently does not regulate online poker but is now looking at this source of taxable income. Gambling in Finland is organized as a national monopoly, but online poker has yet to be managed by government agencies.
I widely circulated report found that Finns spend as much as 50 million Euros annually on foreign online poker sites. Finnish officials obviously feel they could or should keep a significant portion of that money within Finland and, of course, tax it. Their problem will be the same as so many other member nations have faced, the EU regulations.
In an unprecedented move, PartyPoker.com has slashed the charges for all single-table tournaments over $200 to a super-low flat fee of $10. No matter how high the stakes are above $200, the fee will be just $10 meaning there is huge value to be had for the bankroll, value that cannot be found elsewhere.
To celebrate this, PartyPoker.com has introduced a complete range of high-end STT’s with buy-in’s all the way up to $5,000. With a fee of just $10 this is great value and is simply not available at any other online poker room. For example, on a six seat $5,000 STT the typical saving is $190 and a ten seat $300 STT the saving is $10.
Check out the full list of tournaments today!
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$2,000 + $10 10 seat Save $80
$2,000 + $10 6 seat Save $80
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$1,000 + $10 6 seat Save $20
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Along with the announcement of the delayed play for the WSOP main event final table, ESPN has also released the proposed schedule WSOP broadcast events. There was some conversation during yesterday's teleconference about an extended international broadcast schedule, particularly leading up to the main event final table. The two other notable changes from last year are:
- less coverage of the $50K HORSE event, the viewing audience appears not to be so interested in watching Razz, Stud or even Omaha. So there will be only two hours of this event;
- much more coverage of the main event leading up to the virtually live coverage of the final table in November.
The tentative schedule of TV coverage for this year's event is as follows; each listed show is scheduled for two hours:
• July 22 - Event 1: $10,000 pot-limit hold 'em
• July 29 - Event 2: $1,500 no-limit hold 'em
• Aug. 5 - Event 3: $1,500 pot-limit hold 'em or Event 4: $5,000 mixed hold 'em
• Aug. 12 - Event 5: $1,000 no-limit hold 'em with rebuys
• Aug. 19 - Event 45: $50,000 HORSE
• Aug. 26 - Event 50: $10,000 pot-limit Omaha
• Sept. 2, 9, 16, 23, 30, Oct. 7, 14, 21, 28 - Event 55: $10,000 no-limit hold 'em main event
• Nov. 4 - Event 55: WSOP main event final table preview show
• Nov. 11 - Event 55: WSOP main event final table

LAS VEGAS – May 1, 2008 – The World Series of Poker® (WSOP) Presented by Milwaukee ’s Best Light today announced a groundbreaking change that will more closely align the televised presentation of the world’s largest, richest and most prestigious poker tournament with other premier sports broadcasts.
The last nine players of the $10,000 World Championship of No-Limit Texas Hold’em, known as the Main Event, will compete on November 9-10 instead of the originally scheduled date of July 16.
“Our intent is to provide an even bigger stage for our players,” said Jeffrey Pollack , Commissioner of the World Series of Poker. “Now fans and viewers will ask ‘who will win’ our coveted championship bracelet instead of seeing ‘who won.’ The excitement and interest surrounding our final nine players will be unprecedented.”
This change in how the Main Event final table is staged will bring the excitement and drama of high-stakes WSOP tournament play closer to millions of fans around the globe.
All other 2008 WSOP tournament structures and schedules remain unchanged. This announcement affects only the final nine players of Event #54, the Main Event World Championship.
Continuing the trailblazing efforts that have made the WSOP the industry standard, this move is being made in close collaboration with ESPN, the television rightsholder of the WSOP, and the WSOP Players Advisory Council (PAC), the commissioner-appointed committee of professional and amateur poker players who provide guidance and perspective to the WSOP leadership team.
"It's an exciting time for the World Series of Poker and ESPN," said Jamie Horowitz, senior producer, ESPN Content Development. "This adjustment will add a new element to a very successful and popular event. We look forward to documenting all of the exciting stories that make the WSOP Main Event the seminal competition in all of poker."
“This is a huge step forward for poker and more specifically poker on television because it will help create more buzz around the final table and that is good for all of us,” said Daniel Negreanu, a WSOP PAC member, three-time World Series of Poker bracelet winner and one of today’s most successful and popular poker professionals. “Not only will this innovative step create more buzz for the final table, the added time prior to the final table will help get poker mainstream media attention. I’m very excited about this decision and can’t wait to see it all unfold, hopefully from a seat at the final table!”
The 39th annual World Series of Poker will take place from May 30th to July 14th at the Rio® All-Suite Hotel and Casino in Las Vegas . The Main Event will begin on July 3rd, with the Final Table being determined on July 14th. The nine players who advance to the Final Table will return to the Rio on November 9th to play down to just two players. The final two, will go head-to-head late in the evening on November 10th to determine the champion and winner of poker’s ultimate prize.
The winner of the Main Event is expected to be crowned in the early hours of November 11. ESPN will edit the two-day Final Table action and televise it in a two-hour program from 9:00-11:00 PM ET on Tuesday, November 11 just hours after the winner is crowned. This is akin to television coverage of the Olympic Games, where because of time zone differences, the telecaster schedules programs “same day” in primetime to provide the largest possible audience a convenient viewing time.
ESPN will begin its coverage of the 2008 World Series of Poker on Tuesday, July 22. Viewers will see two hours of original poker programming every Tuesday through November 11 (except November 4 when a special preview of the Final Table will be aired at 10 p.m.). Telecasts will be aired at 8 p.m. and 9 p.m. July 22 through September 30 and at 9 p.m. and 10 p.m. from October 7 through November 11.
Each of the players who make it to the WSOP Main Event Final Table will receive ninth place prize money on July 14, when the finalists are determined. Harrah’s will then provide each of those players with an all expense paid trip for two for their return to Las Vegas in November to play the final portion of the tournament.
From July 14 to November 9, a span of 117 days, players will have an opportunity to line up sponsorships, coaches, review the play of all their competitors, participate in other tournaments, and take advantage of the new publicity and promotional opportunities that will be available.
The chief architect of the Internet gambling ban on Tuesday said he is losing patience with the Federal Reserve and the Department of Treasury as they struggle to craft regulations to enforce the ban.
Senator Jon Kyl, R-Ariz., said the regulations are a year overdue, according to the 2006 prohibition statute. Kyle is quoted as mumbling:
"The longer it goes the less certainty there is. I mean, the people who are violating the law need to know that they're not going to be able the get away with it, and I think that the failure to get these regulations promulgated on time has perhaps given some hope, and it's given life even to an idea over in the House of Representatives to put a moratorium on the regulations."
Kyl was referring to a bill introduced April 11 by Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, and Rep. Ron Paul, R-Texas. The Frank-Paul bill would block the Federal Reserve and Treasury Department from completing regulations to enforce the ban.
The legislation followed a financial services subcommittee hearing April 2 in which Federal Reserve and Treasury Department officials said the regulations are difficult to complete, partly because the 2006 ban does not define unlawful Internet gambling.
Louise Roseman, director of bank operations and payment systems for the Federal Reserve, also testified that the prohibition of Internet gambling cannot be "ironclad."
Another bill, which Frank introduced last year, would repeal the Internet gambling ban and require the Treasury Department to regulate Internet gambling in the United States .
Despite his frustration with the Federal Reserve and the Treasury Department, Kyl said he is not worried about efforts to block the regulations and roll back the online wagering ban.
"I would be concerned if something like that were to be adopted by the House ... I'm not sure that the momentum is there to actually get it done."
Jay Lakin, vice president of Poker Source Online and an opponent of the Internet gambling ban, said he reluctantly agrees.
"While many efforts have been made on behalf of overturning (the ban), so far it's just been bills and words on paper," Lakin said. "Nothing has moved forward. Until there's a change in Washington , I don't think we'll see much of a change."
The PartyPoker Millions Cruise is set to sail this Saturday with the sixth edition of the tournament. The cruise will leave from Venice, Italy, and stops off in Greece, Turkey and Croatia before turning back to historic Venice. The ship, the MSC Poesia, is a state of the art cruise liner packed with facilities and the cabins are now full. On board there will be restaurants, bars, tennis courts, mini golf, pools, spas, discos, a cinema, shopping and more…and not forgetting a massive 24/7 card room.
The PPM tournament will be a $8,200 buy-in No Limit Hold’em event which will also be recorded for worldwide broadcast. Mike Sexton will be host and MC, Matt Savage and Dave Lamb are tournament directors and the highly respected Card Player Cruises team that includes Linda Johnson, Mark Tenner and Jan Fisher will be onboard running the poker room.
30 countries will be represented in the main event and amongst those fancied to make an impact include Canada’s history-making Mike ‘Timex’ McDonald, Sweden’s 2008 Late Night Poker winner Andreas Jorbeck, Brazil’s Christian Kruel, Danish sensation Soeren Kongsgaard, Germany’s Florian Langmann and Alexander Jung and Finland’s Mika Paasonen. The line-up is a united nations of next generation poker talent.
The Norwegian Poker Championship begins today in Nottingham, England. The Norwegian government has banned poker. The state governed monopoly "Norsk Tipping" does not offer poker and anyone playing poker with money could face criminal prosecution. So, the Norwegian Championship is held outside of Norway at the Dusk Till Dawn casino in Nottingham.
The Norwegian Poker Championship is Norway's largest poker tournament and is expected to attract over 500 Norwegian players. Since the event was launched in 2002, the tournament has experienced rapid growth, this is the 7th running of the event.
With a total estimated prize pool of £350 000, the winner of the Main Event will also receive a complete 2008 WSOP package. The tournament will be covered with live video blogs and full scale TV production of the Main Event final table. A special poker documentary is also planned for the whole 8 day poker festival.
Below is the complete schedule:

Japanese gambling laws are among the strictest in the world. So strict, in fact, that casinos are not even allowed to operate in the country of Japan. This has not stopped the second annual All Japan Poker Championship underway in Tokyo.
The tournament can be held because it does not make participants pay an entry fee and, in fact, no money is gambled at all. Poker tourneys that require an entry fee are illegal in Japan. The winner will get a bracelet and a $10,000 buy-in to the 2008 World Series of Poker Main Event in Las Vegas.
The tournament is so popular that there is even a Ladies and Senior tourney which take place before the Main Event on May 18th. Last year, Kunihiro Sakamoto won the Main Event, and the $10,000 buy-in to the WSOP, after outlasting a field that included over 2,000 people.
Gus Hansen was crushing the final table at the World Poker Tour Championship at Bellagio in Las Vegas. Here is a summary of the early final table action:
Beginning Chip Counts for six-handed Final Table:
Seat 1. John Roveto - 2,720,000
Seat 2. Gus Hansen - 8,570,000
Seat 3. David Chiu - 6,050,000
Seat 4. Tommy Le - 1,950,00
Seat 5. Cory Carroll - 6,670,000
Seat 6. Jeff King - 1,305,000
Action at Final table:
Hand #12 Jeff King eliminated in 6th place by Gus Hansen.
Hand #15 Tommy Le eliminated in 5th place by Gus Hansen.
Hand #16 Cory Carroll elininated in 4th place by Gus Hansen.
Hand #22 John Roveta eliminated in 3rd place by Gus Hansen.
Hansen rivered a ten to beat Jeff King's A-Q suited with his 10-9 suited. Hansen flopped a set of tens over Tommy Le's set of fives. Hansen rivered a seven-high diamond flush to overcome Cory Carroll's pair of jacks. And Hansen cracked John Roveto's pocket kings by rivering a jack-high straight with A-10 suited.
Heads Up Chip Count
Gus Hansen - 22,905,000
David Chiu - 4,360,000
By Hand #46 David was up to 11 Million.
On Hand #77 David won a big pot and brought the chips counts to:
Gus Hansen - 14,825,000
David Chiu - 12,450,000
Two hands later, David Chiu takes over the chiplead.
Hand #80: Gus moves all-in on the turn with two pair 10's & 8's; David calls with top pairs Aces and spikes an Ace on the river to finish a remarkable comeback.
David Chiu wins the 2008 WPT Championship.