July 28th – Daily Deal

Topics: Nov 9 Odds, Commerce’s $1M Tournament, PPA Statement and 2 New French Licenses.

Straight ahead on the Daily Deal, we’ll talk about who the odds makers think of the November Nine, recap the Commerce Casino Million Dollar Tournament, discuss the Poker Players Alliance and the latest from Capitol Hill, and finally find out which two sites just gained French licenses.

Hello, I’m Sean Gibson and welcome to The Daily Deal by Poker News Daily.

We’ll start off today by looking at who the odds makers are picking to win it all in November at the World Series of Poker Main Event. Online betting sites such as BetFair and BetUs have released their odds for each of the November Nine. Jonathan Duhamel opened up as a two to one favorite but now is at 3.7 to 1, with John Dolan not too far behind Duhamel in the odds. Short stack Soi Nguyen is sitting at eighteen point five to 1 and the shortest stack, Jason Senti, has odds set at twenty-five to 1. You can decide who you think is the odds on favorite yourself, as coverage of the WSOP starts on ESPN tonight.

The Commerce Casino Million Dollar Guarantee Championship was played out in Los Angeles over the weekend with a special buy-in of just $335. The Matt Savage creation featured five opening days and allowed players that busted from earlier days to enter back on a successive day. Three thousand three hundred players ended up entering and made for the biggest tournament field in the history of Los Angeles poker, but still fell short of the guarantee by sixty thousand dollars. A six way split of the top prize money was agreed in the wee hours of Monday, with Richard Bakovic winning the title of champion and taking home one hundred and seventy three thousand dollars.

With the regulation of online poker a hot topic on Capitol Hill this week, Poker Players Alliance chairman Alfonse D’Amato was eager to voice his opinion in support of poker players in the United States. D’Amato spoke out on subjects such as the taxation of online poker, the government acting on behalf of U.S. banks, and the intentions of our Founding Fathers. He opened his editorial by mentioning the popularity of poker and the amount of support it has received following the implementation of the Unlawful Internet Gambling Enforcement Act. Regulation of internet poker in the United States has come up in HR 2267 which is currently making its rounds in Washington.

Finally, news from France as ARJEL, issued licenses to Full Tilt Poker and PKR, who are both allowed to get back into the French market. The Full Tilt entity that was actually issued the license is cleverly named Rekop, and French customers can visit FullTiltPoker.fr to download the software. PKR France SAS was issued PKR’s license and, predictably, players can visit PKR.fr for that poker room’s offering.

That does it for today’s daily deal and as always be sure to follow us at twitter dot com slash poker news daily and also book mark our site. I’m Sean Gibson thanking you for watching and wishing you good luck at the tables.

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Poker terminology:

JOKER - A 53rd card in the deck, distinct from the others, used as a wild card or as a BUG.
MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
HOOK - A Jack. So named because the "J" resembles a hook.

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