Carbon Poker is pleased to announced the launch of the brand new Omaha Calculator, available as a free download to all players.
This poker tool offers instant poker odds, betting patterns, probabilities, opponent stats and notes. This amazing tool will also keep you organized with the ability to track past table stats and experiences. The Omaha Calculator incorporates industry-leading software into the tool, is very simple to use and will most importantly aid you to become the best Omaha player you can be.
Read More: Carbon Poker Launches Omaha Odds Calculator - Poker News
The Justice Department said Raymond Bitar, the chief executive of the Irish-based firm, was arrested Monday at John F. Kennedy International Airport.
He had been charged last year with gambling, bank fraud, and money laundering offenses in connection with the operation of Full Tilt Poker.
On his return, prosecutors unsealed a new indictment charging Bitar with defrauding poker customers by lying to them about the security of their funds.
Also named in the indictment was Nelson Burtnick, the head of Full Tilt Poker's payment processing department, who was originally charged on April 15, 2011.
Bitar said in an email to employees that was posted on an online betting forum that he had "returned to the US to deal with civil and criminal case that are pending against me in New York."
"We have all worked hard over the last 15 months to preserve Full Tilt's assets and potential in order to provide for the repayment of all players, and that continues to be our top priority," he said.
Read More: AFP: US arrests head of online poker site
At 14:00 ET on Monday, July 9, the $30,000 Guaranteed PokerNews Main Event will take place on the world's biggest online poker site PokerStars. This PokerNews-exclusive tournament was open new customers who signed up through PokerNews between May 16 through 30 or existing customers who earned just 150 VPPs during the same time period.
A quick check in the PokerStars lobby shows (at time of writing) there are just 447 players registered, each of who will start with a generous stack of 30,000 chips and play to PokerStars' tried and tested 15-minute blind structure.
It looks like the $30,000 PokerNews Main Event is going to pay out the top 90 places, with a min-cash being worth $78.00, anyone reaching the final table is guaranteed $423.00 and the eventual winner will walk away with $5,625.00!
Everyone at PokerNews wishes those who will be playing in this prestigious event the very best of luck for Monday!
Read more: The $30,000 PokerNews Main Event on PokerStars Kicks Off On Monday | PokerNews
Carbon Poker is quickly becoming one of the more well-known online poker sites in the game today. The boast some impressive numbers and impressive poker tournaments as well, something which some other online poker sites have struggled with a bit recently. Recently though, they have released just one more thing that will impressive the poker world, and definitely any online poker players who love playing in big time poker tournaments. This is the Poker Maximus, which is one of the biggest poker tournament series’ to hit the online poker world in recent memory. This tournament series features over 70 events, each of which will vary from different tournament styles including freezeout events, rebuys, shorthanded events, and even things like heads up matches as well.
On top of the different tournament styles, you’ll find that there are also quite a few different games including Pot Limit Omaha, Pot Limit Omaha Hi/Lo, and even a Player’s Choice tournament as well. While all of these tournaments will be interesting, there are also some great guarantees attached with the tournaments which make the different styles even more intriguing for the players as well.
From March 4th to March 25th, there will be three tournaments running each day at a minimum with different buy-ins, and all different styles of play and guarantees for the events as well. Carbon Poker really went all out with this tournament series, and the excitement behind it is building every day, as it features more than $1.5 million in guaranteed prize money spread throughout all of the events.
One thing that Carbon Poker has always been excellent at is offering different tournament guarantees for all different buy-in levels, and the Poker Maximus is no different. Whether you like to grind out the small stakes poker tournaments between $1 and $15, or you like to play the high stakes events that are over $100, there is something for everyone. And of course, don’t forget everyone in between those two totals up there, as there are buy-ins that range between $1 and $530 with money put into the prize pool no matter what!
While it is important to know that Carbon Poker is hosting the Poker Maximus, don’t forget that if you are a NEW player looking to sign up at the site, they not only accept United States players, but they also give some great sign-up bonuses as well. There’s no better time to take some free money then before loading up for one of the biggest and best poker tournament series’ in the game.
You could be part of this fantastric event by qualifying for a WPT Cyprus package worth $6,500 only on PartyPoker; a package you could win for free!
Each package consists of:
$4,400 buy-in to WPT Cyprus
Five night's accommodation
$1,050 spending money
At least one package has to be awarded every week between now and July 15 so log into your PartyPoker account now and qualify through the routes shown in the below graphic! The PokerNews Live Reporting team will be in Cyprus covering this event, we hope to be writing about you and how you turned a freeroll into hundreds of thousands of Euros!
Read more: PartyPoker Weekly: Qualify For WPT Cyprus For Free, Boost Your Bankroll And More! | PokerNews
Forbes reports that Bitar's attorneys and prosecutors agreed on a bail arrangement on Monday afternoon. The deal was signed by Federal Judge Paul Engelmayer, allowing Bitar to return to his home in Glendora, Calif., for the first time since he was indicted by the Department of Justice on April 15, 2011. Bitar will be electronically monitored by the FBI.
Read more: Report: Full Tilt Poker CEO Ray Bitar Released on Bail, Returning Home to California | PokerNews
If you are a veteran Texas Hold ‘Em player there are a number of options for you as well. There are a variety of betting structures from low to high stakes and tournaments running daily. They also offer a number of large weekly and yearly tournaments as well. If your dream is to be a professional Texas Hold ‘Em player, you can make those dreams a reality with Poker Stars and online poker playing. Who knows, maybe you will be the next pro.
Read More: Texas Hold ‘Em at PokerStars | This is Lincolnshire
The announcement has already sparked a large amount of interest among many in the online poker community who prefer Macs to PCs. Aside from the popular PartyPoker cash games, the site has added multi-table tournaments and multi-table sit and gos to its Mac lineup, meaning that players can compete in large-pool events.
Rea More: PartyPoker Formally Releases Mac Software
The motion was filed by the group of companies that own PokerStars and the motion states that the charges were made on grounds that are insufficient. The motion follows claims made just a few days ago by Howard Lederer and Rafe Furst the co-founders of online poker room Full Tilt Poker.
Read More: PokerStars Files for Dismissal of US Government Charges
Party Poker has now removed all cash games tables that have stakes of $5.00/$10.00 in the No Limit and Pot Limit section as well as games with stakes of $30.00/$60.00 in their Fixed Limit Section. The company released a statement on the subject which stated that they are trying to improve the ‘poker ecology’ of their website and that the change was in the best interest of their players.
Read More: High Stakes Cash Games Cut From Party Poker
One such player is Team PokerStars Online member Andre “acoimbra” Coimbra who is rising to the challenge of playing each and every tournament of the 100-event festival. This does not leave much time for sleep and so far the Portuguese player has 11 cashes.
Read More: $4 Million Won In PokerStars MicroMillions So Far - European Poker News
Read more: PartyPoker Remove High Stakes Cash Games In Unprecedented Step | PokerNews
This new software update and this removal have spurred a lot of discussions about this move, especially on the very famous message board called twoplustwo. Party Poker has responded to these discussions by saying that such move has been taken for the best interest of the users and loyal players of Party Poker.
The company also stated that this move is aiming to improve the poker experience and poker ecology as it is going to minimize and reduce the numbers of sharks. It is also going to allow the bank roll of the recreational player to last for a longer period of time.
Read More: Party Poker Updates : ADI News
The table erupted and Brunson's opponent simply said, "Sorry." Brunson counted out the chips, sent them to his opponent and just continued on. On the very next hand, Brunson got some chips back while holding 9-high as his opponents two pair was counterfeit on the river. He went back to work. His opponent did not.
Read More: WSOP 2012 - A moment and key hand with Doyle Brunson - ESPN
Last month, Utah banker John Campos, 59, received a 3 month jail sentence for his part in processing $200 million of online poker transactions, some of which was for Full Tilt Poker. The beginning of July then saw Full Tilt Poker CEO Ray Bitar, 40, arrested with $350 million still owed by the company to players worldwide.
Now, Absolute Poker co-founder Brent Beckley, 32, has received a stretch of 14 months behind bars from the U.S. District Court in Manhattan, after pleading guilty to conspiracy to commit bank and wire fraud. Apparently, Beckley’s lenient sentence was helped by his cooperation with authorities and the fact his fraudulent actions didn’t cause any financial institutions to lose money. Meanwhile, Absolute Poker customers are still out of pocket and are owed around $60 million. The U.S. District Judge Lewis Kaplan, insisted Beckley deserved some jail time, explaining:
Read More: Absolute Poker Boss Gets 14 Months In Jail
Scott Bell, a film maker who is also a major contributor to public online poker forums under the name ElevenGrover, has been conducting research and writing about the cheating scandal for quite some time. Bell told QuadJacks that he is planning to release the documentary on DVD and video-on-demand sometime in late fall or perhaps early winter.
In 2008, UltimateBet released a statement admitting that company insiders were found to be cheating by using computer software that allowed hole cards of players to be displayed. The company insisted it had removed the unauthorized software in February of 2008 and issued refunds to various players who were affected by the cheating. Later that year, UB’s licensing body, the Kahnawake Gaming Commission (KGC), came to the conclusion that Russ Hamilton, a UB consultant and professional player who won the WSOP Main Event in 1994, was the main perpetrator of the scheme. The original amount that players were cheated out of was said to be $6.1 million dollars, but in 2009, the KGC increased the amount to in excess of $22 million.
Read More: "Ultimate Beat" To Chronicle UB Poker Scandal
In 2003, the 32 year old Beckley joined Costa Rica-based Absolute Poker as its head of payment processing. In December 2001, Beckley returned to the United States from Costa Rica to face charges against him, he pleaded guilty in Manhattan federal court to conspiring to break U.S. laws against gambling on the Internet. He also pleaded guilty to a charge of conspiracy to commit bank fraud and wire fraud.
Beckley told the judge he was “truly sorry,” he continued sating, “I fooled myself into thinking that what I was doing was OK.”
Read More: Absolute Poker Beckley Sentenced, Conspiracy for Bank, Wire Fraud | Casino Scam Report
PokerNews is considered one of the largest and reliable poker media sites online today and it would make perfect sense for PokerStars to take over the site. PokerStars is working hard to strengthen their spot at the largest online poker room in the world and this would further their position.
Both PokerStars and PokerNews have worked together closely over the past few years and the relationship has only gotten stronger. PokerStars Blog has posted PokerNews live updates for some time now and PokerStars is highly featured at the online news site.
Read More: PokerNews Could Soon Be Acquired by PokerStars
Betfair announced the news of Hille signing with the site before the event was over. Betfair commented in a press release: “Betfair Poker is proud to announce that they have captured the signature of young Norwegian poker player Elisabeth Hille as a Team Betfair Ambassador.”
Read More: Betfair Poker Signs Elisabeth Hille
This poker tool offers instant poker odds, betting patterns, probabilities, opponent stats and notes. This amazing tool will also keep you organized with the ability to track past table stats and experiences. The Omaha Calculator incorporates industry-leading software into the tool, is very simple to use and will most importantly aid you to become the best Omaha player you can be.
Read More: Carbon Poker Launches Omaha Odds Calculator - Poker News