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Ylon Schwartz Joins BubbleProtection Team

Leader in Internet poker tourney entry fee protection and indemnity, BubbleProtection, has announced that Ylon Schwartz will represent the company as a third spokesperson, joining Chris Moorman, online poker phenomenon, and Will Failla, ranked number one on the WPT.

Schwartz, who made the November Nine of the 2008 WSOP Main Event, finishing 4th and taking home $3.7 million in winnings. Live and online tournament career winnings totals more than $6 million. Originally a chess and backgammon player from Brooklyn, New York, Schwartz is now one of the most respected online poker players in the world. He can be found online under the screen name “TenthPlanet.”

Schwartz is not only well-known in the poker community, but in the chess community as well. He was a Chess Master and competed against the highest ranked chess players in the world. He brings the experience and strategy he learned in chess to professional poker.

Schwartz says of the new partnership, “I am proud to be associated with a company that has introduced the most innovative new poker product I have seen in many years.” He continues, “BubbleProtection presents a new wrinkle in how to play tournament poker. It offers a user a significant strategic advantage during the most crucial stages of tournament play, allowing you to accumulate chips leaving you in a powerful position for the endgame. When properly employed BubbleProtection will result in a significant increase in your cash rate and considerably more final tables. Like my friend and fellow spokesman Will Failla, I can’t wait until we are playing again in the U.S. and I am able to put this strategic advantage to work for me.”

The revolutionary Bubble Protection is an online poker tool that offers insurance to players and was created to help players capitalize on the hundreds of thousands of Internet poker tourneys played globally every week. By purchasing Bubble Protection, a player can protect his entry fee and “bankroll” in the event he ends up in the “bubble” position. In a nutshell, it gives players a strategic advantage, protects their bankrolls, and improves overall tourney results.

BubbleProtection CEO and founder Eugene Castro, says, “I am so pleased one of the most analytical people I know is passionate about BubbleProtection to the extent that he is willing to lend his name in support of our revolutionary bankroll management tool.” He continues, “Ylon has been extremely important in formulating the foundation upon which BubbleProtection is based. His strategic analysis on how to effectively employ our product has helped define BubbleProtection as not just a money management tool but also as a weapon to be used to improve a player’s overall results.”

Golden Nugget Partners with Chiligaming to Launch Online Poker Site

Online gaming group Chiligaming recently announced that they have partnered with Las Vegas hotel brand Golden Nugget to launch a free-play online poker site in hopes that US legislation will someday make it possible to legally play poker for money online. In a press release Golden Nugget says that the joint site will go live sometime in the next quarter “in anticipation of the legalization of online gaming in the United States.”

The press release goes on to say, “Chiligaming’s proprietary iGaming platform, which enables it to connect to any poker platform or gaming content provider, is a central feature of its US proposition and is designed to both facilitate swift entry into the market and maximize options for the Golden Nugget as the US regulatory and vendor landscape takes shape.”

First opening its doors in 1946, o of the oldest land-based Vegas hotel casinos, the Golden Nugget features more than 2,300 guest rooms and is just one of the many Vegas gambling brands looking forward to bringing their betting services online once possible Nevada and even federal laws that will enable US players to bet online for real money are passed.

Tilman J. Ferttita, Golden Nugget chairman, says,  “We started an intensive process approximately nine months ago and looked at more than a dozen internet gaming companies and selected Chiligaming because they were experienced in online gaming in Europe and demonstrated incredible passion, talent and knowledge which our team found to far exceed their competitors.” He continued, “We believe that online gaming is inevitable in the United States and that the Golden Nugget will be well positioned to compete when US laws allow for online gaming.”

Let’s hope he’s right.

Negreanu’s PokerStars Account Hacked

Canadian poker pro Daniel Negreanu tweeted a couple days ago: “Important: Do NOT send me any emails the account appears to have been hacked. Just landed in LA nice news.”

The hacker not only hacked Negreanu’s account, but also got into his PokerStars account and played at the high-stakes tables with Negreanu’s money. He discovered that his accounts were high-jacked on his way back to LA from Australia after playing in the Aussie Millions.

The perpetrator logged into the KidPoker PokerStars account and found $100K sitting in the account. Four hundred hands later at the $100/$200 NL tables, $46K of Negreanu’s money was lost.

Other players on PokerStars actually suspected something wasn’t right when KidPoker wasn’t playing in his typical style and started discussing the inconsistent play on TwoPlusTwo, suggesting that maybe Negreanu was just hung over. Later Negreanu posted on the online poker forum, “Some of you NVGtards really thought that was me??? Man HSP has really done wonders for my image ”

PokerStars has vowed to return the money to Negreanu’s account.

What’s Really Holding Up the Full Tilt Takeover?

As the Full Tilt Poker buyout by Groupe Bernard Tapie (GBT) gets closer and closer to being finalized, more little details keep popping up that may or may not be affecting the deal. Some believe that Chris “Jesus” Ferguson may be standing in the way of the Full Tilt restoration. According to reports, after Black Friday went down last April, Ferguson pumped $14.3 million into the company in hopes to help prevent the company from going under. He also had an ulterior motive, though. He thought that by “investing” in Full Tilt Poker, he would have some stake in the company once it got back on its feet.

Ferguson, who has received about $60 million from the company since 2007 as co-owner, viewed his $14.3 million investment in the company post-Black Friday as a “good will” gesture, hoping to secure his place in the company once it became stable again. However, the problem lies within the negotiations made with the US Department of Justice that state no former Full Tilt board members can return to the company as part owner once the GBT takeover is successful.

While there is no solid proof that this hiccup is holding up the takeover, many in the online poker community are speaking out against Ferguson, calling him selfish and hypocritical. They believe he’s part responsible for the situation Full Tilt is in and now wants to impede former Full Tilt Poker players from getting their account refunds and Full Tilt Poker from going online again.

On the other hand, Benham Dayanim, GBT attorney, claims that the debts of some very high-profile high-stakes poker players are what’s really holding things up. According to Dayanim, players including Phil Ivey, Barry Greenstein, David Benyamine, Mike Matusow, and Erick Lindgren owe somewhere between $10 and $20 million to the company. These debts were recently discovered when GBT conducted a full investigation of the financial status of Full Tilt.

Dayanim said to Gaming Intelligence, “The diligence has revealed that the financial position is worse than we had anticipated. We do not want to litigate a whole bunch of individual cases against professionals post-acquisition so we are trying to negotiate but we have not been making a lot of progress.

“This is not the only issue that is holding up the sale but it is a significant one. The company has greater liabilities — excluding player liabilities — than we had hoped. The forfeiture would extinguish any U.S. claims to the assets but they do not necessarily extinguish creditor claims in other countries.”

In spite of these concerns and other liabilities, they still seem confident that the deal between Full Tilt Poker and the DOJ will be resolved by the end of February.

2012 WSOP Schedule Released

The 2012 World Series of Poker schedule was released yesterday with some major changes to what we’ve been used to over the past few years. Instead of playing out the tournament in November, as has been the case since 2008, the tournament will wrap up in the last week of October due to the presidential election. The final table will again be carried out at the Penn & Teller Theater, and is anticipated to again be covered live on ESPN and ESPN 2.

The Main Event will also be scrunched up, shaving three days off the preliminaries in order to accommodate more players, reduce the cost of stay, and cut down on down time between play. The WSOP statement has made it clear that the structure will remain in fact remain intact.

The 43rd annual WSOP will begin on May 27, 2012, and the first open event will take place on Memorial Day, the 28th—a $1,500 NLH tourney. This year’s series will encompass 61 events and will wrap up on July 16th. Again, it will take place at the Rio All-Suite Hotel in Las Vegas and will be covered exclusively on ESPN.

Jack Effel, WSOP tournament director, says, “This year’s WSOP schedule is very exciting. We’re introducing some fantastic new events, while bringing back many successful stalwarts that our players love. We will expand our footprint this year to include extra tables dedicated to cash games, as well as plenty of satellite and single-day tournament space, so players will have an easy time finding a desirable game without ever having to leave the Rio Convention Center.”

Also, 100 tables will be added to the tournament area making it even bigger than ever before.

There will be five new major events including the $1,000,000-million buy-in event, Big One For ONE DROP for which 11.1% of the buy-in will go to onedrop.org.

PokerStars Readies for the 75 Billionth Hand

Last year, PokerStars celebrated its 70 billionth hand and the 72 billionth hand along with their 10th anniversary, and it’s time to celebrate yet again. This time, Stars will be honoring the 75 billionth hand, as they continue on the “Road to 100 Billion.” PokerStars anticipates this milestone hand to be dealt sometime within the next two weeks, and they’re giving away up to $1 million.

To win this promotion, all you need to do is be at a cash game table when a millionth hand is dealt between 74,700,000,000 and 75,000,000,000 (for example, 74,902,000,000). If you win the hand, you will earn a cash prize worth thousands. If you find yourself dealt into the 75 billionth hand and win, you will win at least $20,000 automatically.

The current hand number is displayed at PokerStars.com and is currently at 74,797,598,578.

PokerStars offers some tips on its website to up your odds of being dealt into a milestone hand. First of all, play on more than one table. The more tables you play at, the more likely you’ll be dealt a millionth (or billionth) hand. Secondly, play longer sessions. The prize amount is dependent on the VIP Player Points (VPPs) points you earned during the session that the milestone hand was dealt to you. The more time you’ve spent at that table, the more money you will have contributed to the pot, and the more VPPs you will have earned. By sitting down at a table long before a milestone hand will drop, you’ll have more time to vamp up your VPPs, and thus increase your prize value if you do happen to be in the right place at the right time. And finally, Stars recommends that you play an action game, such as Limit Hold ‘em or Pot Limit Omaha because they generate VPPs at a faster rate.

All you have to do is be there. If you win, you will of course earn a bigger prize, but all participants will win something.

2012 Australian Poker Hall of Fame Inductees Announced

In honor of the Aussie Millions going on right now, the new inductees for the Australian Poker hall of Fame have been announced. The 2012 additions to the APHOF are Jason Gray and David Gorr, both longtime Australian poker old hands, who have earned their spot in this prestigious club.

Both Gorr and Gray have earned more than $1 in career tourney winnings and have been loyal to their country, making a majority of their bets in Australia, Gorr winning the 2011 Aussie Millions and Gray winning the 2007 Victoria Poker Championship.

Like the Poker Hall of Fame, the Australian counterpart requires that nominees meet certain criteria before they are considered for induction. First of all, the candidate must be a current or former resident of Australia or New Zealand. Also, he or she must have demonstrated outstanding and extended service to poker, bringing credit to Australian Casino Tournament Poker and/or having displayed significant player excellence.

Gorr found out about his acceptance into the APHOF just five minutes before receiving the exclusive title. Past inductees include Tony G, Joe Hachem, Lee Nelson, and Jeffrey Lisandro. The first inaugural class was in 2009 and included eight poker pros who met the criteria of the APHOF. The 2010 class consisted of one woman, Marsh Waggoner, and the 2011 class included Leo Boxell and Danny McDonagh.

Karina Jett to Make an Appearance in Vegas

Pro poker player Karina Jett is scheduled to help promote the Ante4Autism charity poker event in Las Vegas next week. The poker community has long been associated with charitable causes due in part to the benevolence of poker players in general.

The event will take place on January 31 at 7:00 p.m. at Binions in Downtown Vegas. Ante4Autism is sponsored by home furnishing execs and raises money for autism research.

Co-host and PMD Furniture Direct exec Jerry Williams says, “We are very excited to have Karina Jett help us at our event. She is one of the top professional poker players in the world.”

The event will also include a silent auction carried out by the Pacific Auction Co.

Co-host and PMD Furniture Direct exec Scott Graham says, “We will have approximately 30 fine art, sports, celebrity and other collectibles, photography, antiques, jewelry and ladies accessories and travel and leisure items. We encourage everyone to bring their checkbooks and credit cards to bid and buy these incredible items.”

This event is open to the public and Las Vegas Market attendees. Interested parties may register online and/or make donations at ante4autism.com.

Karina has more than $140K in tourney winnings and has placed 4^th in two WSOP events—the 2003 Lades Stud and the 2004 Ladies Limit Hold ‘em events. She has also appeared on GSN’s Poker Royale Battle of the Sexes, and in London at the 2005 London Open, Karina and her husband, also a poker player, Chip Jett, became the first married couple to make the same televised final table.

Eastgate’s Charitable Bracelet Buyer Identified

Back in 2010 when Peter Eastgate auctioned off his WSOP gold bracelet for charity, many people thought he was nuts, but he did it anyway. The bracelet listed on eBay with a starting bid of $16K. One hundred and sixteen bids later, the bracelet sold for $147,500 to “7***l.”

The winning bidder was later identified as William Haughey, who recently granted an exclusive interview to PokerNews. In the interview, Haughey explains that he’s interested in organizing a charity event with the WSOP in which he will match raised funds up to $1 million. He also admitted that the reason he bought Eastgate’s bracelet was because it was for charity, as he himself has donated more than £5 million to various charities.

Haughey and his wife, who made their money via his refrigeration company, became fascinated by poker, so it only makes sense that he would combine his love for charity with his passion for poker. Using the WSOP bracelet he bought on eBay, Haughey hopes to raise about $2 million for charity ($1 million from the said event and $1 million matched by Haughey. He wants to give the bracelet back to the WSOP in hopes that they would put it in the Hall of Fame in an effort to “protect the integrity and the worthiness of the bracelet.”

His idea is that if an agreement can be made between himself and the WSOP, Haughey would like to donate $1 million to a cancer hospital in the UK and $1 million to a charity chosen by WSOP. He has a lot of good ideas and is very excited about raising money, though he is clear that he is not doing it for exposure. In fact, that’s why he’s remained unidentified as the buyer of the bracelet for two years now.

Keep an ear out for more on this exciting venture. Poker has always been a great vehicle for raising charitable funds, and it is because of the benevolent nature of poker players in general, like Haughey.

Yatahay Poker Undergoes a Name Change

The Yatahay Poker Network, made known by its stint hosting Doyles Room (now acquired by Americas Cardroom), has announced that they will now be known as the Winning Poker Network, effective January 12^th.

A spokesman for the new WPN says, “It’s more than a name, it’s a mantra. Our promotions are better, our guarantees keep getting bigger, and our software delivers everything players ask for. Players who love to win are hitting our network in record numbers and the entire poker world has good reason to be excited about what’s ahead.”

The Yatahay Poker Network grew after DoylesRoom took up residence on the network, but after the Black Friday meltdown of online poker as we know it, the network formerly known as Yatahay was able to reposition itself for the US market as a safe place for US players to play online poker without the risk of losing their accounts to the feds.

The Winning Poker Network is home to TruePoker, Americas Cardroom, BetCris, along with others and is thriving with tourney prize pools growing larger every month, especially over the past six months.

Yatahay was originally established in 2001, so only the name is new. They still offer industry leading online poker software for Internet poker, as well as online casino games with impeccable customer service offering a full-service online gambling operation.

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