Featured Articles Archive - Page 336

How does edge on Pass and Come bets at craps change during the game?

If you play craps and bet Pass or Come, which are identical except for the stage of a hand when they’re made, the edge you’re fighting is among the lowest in the casino. Blackjack with decent rules has less of a house advantage, assuming you follow Basic Strategy reasonably closely or, better, get a leg up on the bosses by counting cards...read more

Analyst: Taiwan casinos could be at least five years away

Residents on a small group of Taiwanese islands approved a casino referendum over the weekend, paving a way for Taiwan’s first legal gaming establishment. The Matsu island chain of Taiwan approved the government’s plans to build a casino by a 57 percent to 43 percent margin...read more

NHL star tries to score at World Series of Poker

Playing goalie in the National Hockey League is a lot like playing high-stakes tournament poker. One mistake can cost you dearly .Roberto Luongo understands pressure in both the hockey and poker arenas.On Saturday at the Rio, Luongo took on the poker world, playing in the World Series of Poker's $10,000 buy-in No Limit Hold'em World Championship.His entry was funded by British Columbia Lottery Corp., which operates legal online poker games in the Canadian province.Seat No...read more

Phil Hellmuth eliminated on opening day of WSOP Main Event

LAS VEGAS -- The $10,000 World Series of Poker Main Event began Saturday, with 1,066 players beginning their quest to win poker's most important tournament.Saturday's Day 1A field was the first of three starting days. The fields will combine for the first time on July 12.An interesting mix of players elected to play Saturday, with pros like Phil Hellmuth, Mike Matusow, Andy Black and Joe Hachem sharing the felt with poker amateurs like Vancouver Canucks goalie Roberto Luongo, Norwegian cross-country skier Petter Northug and actor Kevin Pollak.Luongo acquitted himself nicely and ended the day with 41,000 in chips, while Hellmuth and Hachem were eliminated from the event...read more

Billionaire businessmen handle risk just fine at WSOP Big One for One Drop

LAS VEGAS -- The best poker players in the world are professional risk takers. They risk their own money on high-variance outcomes and usually walk away winners.The reason top poker players consistently win is their ability to evaluate risk, and determine when to gamble and when to fold...read more

Esfandiari wins $18.3 million, Big One for One Drop title at WSOP

Sam Trickett really wishes Antonio Esfandiari had won the $3,000 No-Limit Hold'em Shootout at the World Series of Poker two weeks ago.Esfandiari, who held 80 percent of the chips in play with three players remaining, got extremely unlucky and ended up finishing third in the event...read more

Tale of the Tape: Butler vs. Chef

LAS VEGAS -- At some point in almost every poker tournament, play starts to slow down. Instead of eliminations every few minutes -- or every 10 minutes -- long stretches of time can go by between either bust outs or dramatic hands.The $1 million Big One for One Drop tournament at the World Series of Poker reached that point around 6:43 p.m...read more

Even split between businessmen and poker pros at One Drop final table

LAS VEGAS -- One of the aspects of the World Series of Poker's Big One for One Drop that has been the most fascinating to watch is the battle between professional poker players who leaned on friends to gather up the cash to get into the $1 million buy-in event and the professional businessmen who plunked down $1 million of their own money like it was nothing.The vast majority of poker cognoscenti assumed that the poker pros would have a huge edge in the tournament...read more

Top-10 notable aspects of The Big One for One Drop

LAS VEGAS -- Outside of the $10,000 Main Event, the $1 million Big One for One Drop is easily the most anticipated tournament of this year's World Series of Poker. And the early stages of the tournament didn't disappoint.I've seen plenty of poker tournaments in my time covering the industry, but never have I seen a tournament like this...read more

Full Tilt's Ray Bitar in FBI custody

Full Tilt Poker CEO Ray Bitar is now in FBI custody, according to officials close to the situation.Bitar was arrested this morning at John F. Kennedy International Airport in New York.Bitar was indicted by the Department of Justice on April 15, 2011, on charges of bank fraud, money laundering, illegal gambling offenses and violating the Unlawful Internet Gambling Enforcement Act (UIGEA).And according to the superseding indictment released today, the DOJ is seeking the forfeiture of $2.54 billion and all company assets.Bitar appeared before U.S...read more