Posted by PokerPop on 3rd January 2012

Dusty Schmidt is one of the better success stories in online poker since he’s earned millions of dollars with the game, kept a reasonable life away from the poker tables, and has written a couple of popular books. But underneath the surface of it all is a golfer who is still very passionate about the game. And Schmidt wants to turn his passion into a run at the PGA Tour, while limiting his time with online poker.

The 30-year-old blogged about this by writing, “At this point in my life, I am 30 years old and the chances of having a career on the PGA tour are fading fast, but it isn’t over yet. My chances are infinitesimally small of making the big time, but I have overcome far longer odds before in my life. I won’t let that intimidate me.”

He continued by writing, “At 23 years old, I was finally getting some momentum in the game of golf. I was leading the money list on the Golden State golf tour (which is basically the equivalent of single A minor league baseball) when I suffered a heart attack that abruptly ended my career, at least for the time being.”

So does Schmidt stand a chance of making the PGA Tour at 30 years old? Possibly, since golf isn’t like basketball, where at 30, you’re more likely to relive high school glory days in YMCA pickup games than to ever work your way up to the pros. In fact, just a few years ago, Jim Rutledge became a 47-year-old PGA rookie, thus showing that golf is a somewhat ageless sport. And one PGA Tour rookie that was older than Rutledge was Allen Doyle, who picked up the game at 46, and made the Tour just three years later.

Sure this doesn’t mean Dusty Schmidt is a shoe-in to get his pro card, but starting up again at 30 is easier than being introduced to golf at age 46.

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Posted by PokerPop on 2nd January 2012

If you’re suffering from a major holiday hangover, maybe the new January Carbon Poker promotions will perk you up. For starters, Carbon is offering a 10% reload bonus to all existing players. In addition to this, we’re also giving out special bonuses to players through the Quad Pyramid promo. That being said, here is a look at both of these promotions in detail:

10% Instant Bonus – In order to take advantage of the Carbon Poker reload bonus, you need to make a deposit from now until January 15th, 2012 (23:59 server time) while using the FRESHSTART bonus code. Assuming you meet the aforementioned requirements, you’re eligible to receive a 10% up to $30 reload bonus, and start the New Year off on the right foot.

Quad Pyramid – Every few months, Carbon Poker picks a special hand out that they rewards bonuses for, and this month, it will be quad 5′s. Anybody who flops quad 5′s (including hole cards) can get a cash bonus by emailing Carbon Poker support with the hand number. An additional requirement to receiving this bonus includes being in a Texas Hold’em game.

The amount of money you get for flopping quad 5′s depends on your level within the Carbon Poker VIP program, and here is a look at that info:

- Regular Player: $5
- Earth: $10
- Wind: $15
- Fire: $20
- Water: $25
- Ether: $30

Aside from Quad Pyramid and the 10% reload bonus, don’t forget that members of the Carbon Poker VIP program receive a number of other excellent benefits such as cashback, exclusive event invites, the ability to use VIP points to enter poker tournaments, and more.

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Posted by PokerPop on 1st January 2012

As poker players, we all have goals, and quite a few of these goals are made around New Year’s time after tipping back a few shots. Assuming you made some big poker New Year’s resolutions, here is a quick look at how you can keep these goals realistic and actually achieve them.

Make Measurable Goals – One of the most common poker resolutions involves players vowing to build their bankroll to X amount of dollars. For example, a player might resolve to take their bankroll from $500 to $10k by the end of the year. Unfortunately, trying to achieve poker goals measured in dollar amounts is tough because of the variance involved in poker.

So instead of making resolutions in dollar amounts, a better idea is to make them in more measurable ways. For example, if you resolve to spend 30 minutes a day on average studying poker strategy, this is something that can actually be measured and achieved. Another example is promising yourself to play online poker for X amount of hours a day.

Break the Year Down – Can you stay on the path towards a goal for 365 straight days? I know I can’t….hell, I have trouble sticking to a goal for two months – let alone the whole year! Long story short, don’t look at your poker resolutions as a year-long task, but rather a number of smaller goals under the umbrella of a bigger goal.

For instance, if your poker New Year’s resolution is to be multi-tabling 5 tables and you’re still stuck on one, make your January-March goal to make it up to 2 tables. April-June can be spent working your way up to 3 tables while still playing solid, and so on.

Limit your Resolutions – A great way to actually achieve your New Year’s goals is by narrowing your focus. Rather than vowing to spend more time on poker strategy, dedicate more hours to the tables, and fixing most of your leaks, a better idea is to pick one goal and concentrate on this.

For example, if you’ve always wanted to try out a poker training site, focus your goal on saving up the money and doing this instead of tacking on two or three more resolutions on top of things. By limiting your resolutions and creating realistic expectations, you have a much better shot at making your New Year a good one!

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Posted by PokerPop on 30th December 2011

Earlier this year, we ran a story about how researchers tested monkey poker players to see if they possessed any skills on the felt. Interestingly enough, the Wolfgang Köhler Primate Research Center discovered that monkeys actually have the ability to figure out what other poker players are thinking. It appears as if monkey gambling is in full effect again since the Max Planck Institute for Psycholinguistics put various primates through some interesting studies.

Rather than playing poker, this time the apes were gambling for pieces of fruit while choosing from upside-down cups that had been shuffled. This has been a popular game for centuries among humans, but until now, few realized that monkeys could play it too.

The primates could either play the game in hopes of picking the correct cup and winning a large piece of fruit, or they could take a guaranteed piece of fruit instead. When there were fewer cups on the table, most of the apes gambled to win a large piece of fruit. However, when researchers added a lot more cups to the game, which lowered the monkeys’ odds of winning, they wisely took the guaranteed piece of fruit.

The only exception to the latter is when the gambled fruit prize was so much larger than the guaranteed fruit that the apes couldn’t resist; this showed they have a strong ability to know when a big prize outweighs taking lowered odds.

It’s pretty incredible to see that monkeys have the ability to comprehend the complex thought process that humans go through when making gambling decisions. Furthermore, primates are the only form of life that can do this besides humans. And the way I’ve seen some humans play poker, monkeys might even make better gambling decisions.

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Posted by PokerPop on 27th December 2011

With just a few days left in 2011, this seems like the appropriate time to do one of those cheesy ‘best poker stories of the year’ posts. So without further delay, here are some of the top stories that went down in the poker world this past year.

Erik Seidel obliterates the competition – For decades, Erik Seidel has been one of the premier poker players in the world, having got his start in the 80′s when poker wasn’t even cool. Even still, few could have foreseen the domination he would show in 2011 after winning several major poker tournament titles along with $6.5 million. Seidel’s unbelievable year, which included an Aussie Millions $250k High Roller win, an LA Poker Classic title, the NBC Heads-Up Championship crown, a Five Diamond Classic High Roller title, and numerous other near-wins might be the best year ever for a tournament player.

Phil Hellmuth’s Comeback – In a day and age where poker strategy is available to pretty every schmuck, it seems as if every amateur and semi-professional grinder has become an expert. And the recent assessment of Phil Hellmuth by these “experts” is that the game has passed him by. But suddenly, it was like Hellmuth heard these naysayers, and experienced a career revival at the 2011 WSOP. He finished second in three high-profile championship events, and restored his reputation in the process. Unfortunately, bracelet #12 still eludes him.

Triple Crown Winners – It’s tough enough winning one major poker tournament title…let alone a WSOP, WPT and EPT title (triple crown). Before this year, only Roland De Wolfe and Gavin Griffin had managed to win poker’s triple crown. However, both Bertrand Grospellier and Jake Cody managed to join this elite club after completing the last leg of the journey. Grospellier won the $10k Seven Card Stud Championship, while Cody won the WSOP Heads-Up Championship in 2011.

Welcome Epic Poker League – At first, I thought the Epic Poker League was a terrible idea because part of the allure of poker is that amateurs, in theory, can rise to become pros. And the EPL takes a totally different approach because only 200 professional players are invited to compete in the league, much like golf’s PGA. So far, the EPL is proving me wrong, and had a pretty successful initial year.

Pius Heinz wins 2011 WSOP Main Event – Few would’ve put their money on 22-year-old Pius Heinz to win the 2011 WSOP Main Event since he came onto the final table with the second smallest chip stack. However, Heinz showed plenty of resolve as he maneuvered through the final nine players, and onto the $8.7 million top prize after defeating Martin Staszko heads-up.

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Posted by PokerPop on 26th December 2011

As you may already know, Carbon Poker has been giving out double VIP points throughout the month of December. But the catch with this is that you need to play in MTT’s and SNG’s on Mondays and Tuesdays to get the VIP points. This being said, we’re running into the last few chances for players to pick up double VIP points this month.

Today and tomorrow are both excellent chances to grab extra VIP points, and you have up until 23:59 (server time) on Tuesday to do this. Following the beginning of this week, next Monday (December 31st) will be your final chance to get the double points.

Assuming you haven’t already opted-in to this promotion, go to your Player Admin area, and click on the “Activate Promo” button. Once you’ve done this, you’ll be earning the double VIP points in December. And it’s definitely worth the effort to earn as many VIP points as you can since Carbon Poker offers so many benefits to VIP Loyalty Program members.

The best thing you can do with the points is exchange them for real money (cashback). Depending on your level within the VIP program, you can really earn a lot of extra money by doing this. For example, if you were at the Ether level, you’d be able to exchange 5,000 points for every $60 (35% cashback).

Aside from the cashback, you can also enter poker tournaments for free with your VIP points, which is certainly a nice bonus! So if you’re looking to pick up extra rewards at Carbon Poker, make sure to take advantage of the remaining double VIP points days this month.

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Posted by PokerPop on 25th December 2011

When you’re sitting on the bubble of a MTT and you are so close to cashing, it’s a little hard not to think about the money in this situation. After all, you don’t want to let all of your time spent on the tournament turn out to be for nothing.

But the problem with constantly worrying about the money is that it can cause you to play overly-tight, and not take advantage of +EV spots in poker tournaments. So many poker players wonder if there’s a way to avoid worrying about the money, and focus solely on their play instead.

One thing that will definitely help out here is experience because the more poker tournaments you play, the more you’ll be used to cashing. And when you’ve cashed in a lot of tourneys, making it into the money no longer becomes this big thing where you treat it like some sort of milestone. In short, experience helps you better focus on long-term solid plays, rather than playing every tournament like it’s your last.

Another thing you can do is try to solely focus on the math involved and opponents’ tendencies while you’re playing. By focusing on the math like pot odds and implied odds, you take your mind off of wanting to fold near the bubble all of the time just to make some money. And if you’re constantly monitoring player tendencies, you’re more likely to make a good move when it comes your way.

Finally, it helps to multi-task while you’re playing poker tournaments – provided it doesn’t keep you from focusing on opponents. You can play an SNG or surf the internet a little while playing because this takes a bit of the stress out of playing in late tournament stages. Assuming you can play without worrying about money in tourneys, you’ll be a lot closer to being a winning player!

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Posted by PokerPop on 23rd December 2011

A couple of days ago, we mentioned the lighthearted prop bet that 2008 WSOP Main Event champ Peter Eastgate completed to win $6,000. Today, we’ve got news on another Main Event champ, but nothing about this story is lighthearted or fun in the least!

2010 WSOP Main Event winner Jonathan Duhamel was beaten and told he was going to die yesterday after two unidentified men broke into his Montreal home. The primary motivation for the break-in was that the men wanted to rob Duhamel, and they took his Main Event gold bracelet, a Rolex watch and cash. However, things turned far more scary when the men tied the 24-year-old up and hit in the face multiple times.

The Canadian poker pro issued a press release about the horrifying incident, and here’s an excerpt from the release:

As police reported, I was victim of an home invasion early yesterday, as two persons forced my entrance and beat me up and robbed me. After they threatened to kill me I gave them all I had. They then tied me up and beat me, hitting me in the face and all over my body before leaving my house. I’m glad to tell you that I did not sustain any major injuries. I spent yesterday at the hospital and I’m black and blue all over but no broken bones, no blood clots, nothing to worry about.

Duhamel went on to talk about how much the WSOP bracelet means to him, and he’s hoping the item can someday be recovered. What’s still unclear about the robbery is whether or not the thieves had been planning this heist for a while, or if they randomly targeted Duhamel.

In either case, it was pretty stupid stealing the watch and WSOP bracelet (especially) because both have his name engraved on them. Hopefully, the criminals get busted trying to sell these items.

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Posted by PokerPop on 21st December 2011

Depending on how he manages his money over the years, Peter Eastgate could pretty much be set for life without ever playing poker again. After all, the 2008 WSOP Main Event champion has $10.9 million in live poker tournament winnings, which is not a bad haul when you’re only 26 years old!

That said, it’s doubtful money was the primary motivator when Eastgate recently accepted an insane $6,000 prop bet that involved jumping into a harbor while it was 40 degrees outside, and then running 4.2 kilometers to a Copenhagen suburb. Now running in 40-degree weather alone can be chilly enough, but when you’re soaking wet on top of things, it only gets colder. Perhaps the big coat that Eastgate wore made completing the prop bet a little easier; however, it couldn’t have been too warm for Icegate.

As for the back story behind this prop bet, Eastgate was in town for a Christmas party held for poker players. His friends, Peter ‘Zupp’ Jepsen and Kasper Cordes, put the money on the line, and had to pay up when Eastgate finished the bet.

Pokernyhederne.com received a video of Peter Eastgate’s prop bet, and you can watch the first part where he jumps into the water here:

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Posted by PokerPop on 20th December 2011

No matter how good you are at poker, bad variance is a certainty. After all, poker does involve a fair element of chance, and there will be plenty of times where you make the correct play again and again, only to keep losing money. At times like these, you may question your poker skills, think about dropping down a limit, or even ponder quitting the game altogether.

Of course, there are certainly much better ways to deal with negative variance than any of the aforementioned thoughts, and here is a look at some things you should keep in mind when bad beats and poor luck arise.

Deal with Negative Variance Better than Opponents

The most obvious statement that could be made in this discussion is that every player struggles with bad variance at certain points in their poker career. That said, you can’t avoid it because there’s always times when the cards don’t go your way. However, you can actually gain a slight edge over opponents by handling negative variance better than them. The more you can keep your composure and avoid tilting, the more overall profit you stand to gain when everything is tallied up.

Shorten Playing Sessions

One strange dichotomy that arises in online poker involves people playing less poker when they run good, and more when they’re running terrible. The reason why is because players are more satisfied during the good times, and more determined to fix the “problem” when they’re not doing so hot. That said, you could be mixing -EV play in with negative variance by extending bad sessions even further. Assuming you play a lot of hands in a day, try backing off to see if this helps matters at all.

Don’t obsessively monitor Results

Poker is obviously a game where you need to check your results in order to improve. But obsessively monitoring your play is a sure recipe for disaster during negative variance periods. Now it’s not easy to avoid checking your bankroll early and often, but don’t get into the habit of measuring your playing ability on one or two weeks’ worth of play. Instead, set a 3-month or 6-month playing goal, and measure your success at the end of this period.

And, of course, continue learning poker strategy along the way no matter which way luck is going for you!

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