Posted by Ray Finkle on 23rd June 2010

Phil IveyIt’s a familiar picture: Phil Ivey, more money than you own, and a bracelet.

Many people thought Ivey’s 2009 World Series of Poker (WSOP) was as good as it could get for any poker player. Winning not one but two events and finishing in 7th place in the Main Event, it was nothing short of storybook for the poker phenom. Ivey apparently stayed strapped into the rollercoaster and took it right into 2010, winning his 8th bracelet yesterday in the $3,000 H.O.R.S.E. event.

Besting a star-studded final table of notables like Chad Brown (9th), Jeffrey Lisandro (5th), John Juanda (3rd), and eventually heads-up play with Bill Chen, Ivey came back from being day three shortstack to capture the WSOP gold. His first place finish brought in $329,840 to add to the Scrooge McDuck money pit Ivey has located behind his helicopter pad next to his rollercoaster and horse ranch. It is also interesting to note that this is John Juanda’s FIFTH final table of this year’s Series, which is nothing short of amazing in of itself. Although a bracelet alludes him yet again, he sits atop the WSOP Player of the Year leader boards with a handsome lead over his peers.

Now to you or I, $329,840 is years in the making of a miserable job, a terrible diet, a fat wife, three kids, a minivan, and what little life we’re afforded in between monthly bills and the booze to suppress it all. To Ivey, this is chump change, money he’d throw away on the craps table in his high roller suite. While the prestige is irreplaceable, the real money comes in the form of his prop bets. It’s uncertain just how much he cashed in with his 8th bracelet, but his ongoing bet with Howard Lederer to win two bracelets in three years certainly took an interesting turn, as he is halfway to winning himself $5 million, an amount that would make anybody sweat.

From Lederer’s Twitter account shortly after the win: “…gulp”

His win ties him with Erik Seidel for 5th all-time with bracelets. Here’s a look at his competition, with the average field sizes of their wins.

Phil Ivey (8): 220
Erik Seidel (8): 298
Jonny Moss (9): 50
Johnny Chan (10): 174
Doyle Brunson (10): 97
Phil Hellmuth (11): 488

The noticeable difference comes when comparing the old-timers to the younger players. That’s not to take anything away from their accomplishments throughout their lifetime, but it stands testament to the noticeable gap in size between fields decades ago and the modern turnouts. It could be argued that given their current stances atop the all-time list and the fields that Moss and Brunson traversed, players like Chan, Ivey, and Hellmuth would already be holding 30 a piece.

The other argument that could be made from all these statistics is that Phil Hellmuth still remains the greatest no-limit hold’em tourney player. This is not to be confused with cash game, which is reserved for the likes of Ivey and Tom “durrr” Dwan alone on a plain in the upper echelon. Hellmuth’s superiority in making it through massive fields always manages to make his ego slightly less foolish than he makes himself look.

Without question, Ivey is the greatest all-around player on the planet. It’s only a matter of time before this self-made millionaire, who went from sleeping under the Atlantic City boardwalk to living reaches the apex of his career and the inevitable: the all-time WSOP bracelet winner.

Let’s take a look back at the events Ivey has won throughout the years, with a resume fit for any rounder extraordinaire.

  1. 2000 – $2,500 Pot Limit Omaha $195,000
  2. 2002 – $2,500 7 Card Stud Hi/Lo $118,440
  3. 2002 – $2,000 S.H.O.E. $107,540
  4. 2002 – $1,500 7 Card Stud $132,000
  5. 2005 – $5,000 Pot Limit Omaha $635,603
  6. 2009 – $2,500 No-Limit 2-7 Draw Lowball $96,367
  7. 2009 – $2,500 Omaha Hi/Lo / 7 Card Stud Hi/Lo $220,538
  8. 2010 – $3,000 H.O.R.S.E. $329,840

Long story short: don’t bet against Phil Ivey.

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Posted by Ray Finkle on 18th June 2010

durrrTom “durrr” Dwan is no stranger to tossing around money like it’s going out of style. Synonymous with some of the largest pots in cash game history, Dwan has broken players looking to make their comeuppances at the highest stakes of the game online. He is a gatekeeper with deep pockets and an even deeper understanding of the game. If you haven’t spectated his tables, you have probably watched him on High Stakes Poker, playing at a level of play atop another plain of thought light years beyond anyone who isn’t Phil Ivey. He is also synonymous with being one of the greatest players alive that doesn’t own a World Series of Poker (WSOP) bracelet.

As it was previously reported, Dwan traversed a 2,563-player field earlier this month to battle Simon Watt, 2009 Asia Pacific Poker Tour Aukland event winner, heads-up for a WSOP bracelet. Regardless of the riches he has accumulated, all of the money in the world can’t buy the notoriety WSOP gold represents. Fortunately and unfortunately for durrr, it can buy him into more events, which is just what he will have to do after coming in second of the $1,500 no-limit hold’em event

Dwam earned $381,885 for his troubles, which is a couple of hours in the poker office at $200/$400 or a relatively large pot at his $500/$1000 Omaha tables. To put it into perspective with the million dollar hands he’s been in, it’s a relatively small splash in a big pond. Put the money into perspective with the potential money he had riding on prop bets with a WSOP bracelet in 2010, it was a pin prick to a Stegosaurus.

Erik Seidel tweeted later that night: “Durrrr was a player away from winning the Main Event of the WSOP 5 months early.” Mike Matusow said much the same after his runner-up finish concluded: “[Dwan] was playing for the main event title right there.”

It was originally estimated that Dwan had $2 million riding on bracelet prop bets for the 2010 WSOP. Once heads-up play began, the fully realized amount riding on the difference between first and second was newly estimated at $12.5 million. The difference between first and second on paper was $232,363. The difference between first and second off the record was life-changing and undoubtedly a figure that would have bankrupted the poker economy, or at least some of its players in on the degeneracy. It would have been put so deeply in the red by a Dwan victory that President Obama would of had to offer it a bailout.

No stranger to big game players are big boy prop bets, as you’ve seen me previously report. The lofty multi-million dollar purse Dwan stood to win is the largest ever reported, and could remain that way for a very long time. To give himself better odds, Dwan had even registered in the $1,500 2-7 no-limit single draw event, simultaneously running while he was deep in the no-limit hold’em event. Running back and forth between his two tables to maintain his stacks and afford himself better odds, Dwan gave new meaning to the words “determined” and “sick”.

Even a player of Dwan’s superior skill and tact had to be left reeling after his elimination in second place,  knowing full well that in a heartbeat, the bankroll he had grinded up over his year’s of online play–resting roughly at $6 million–would have tripled over night. That’s just stating the obvious though, like a reporter going up to the star quarterback after losing the championship game and saying “You just lost the championship. What are you feeling right now?”

Like a true professional, Dwan was on to his next tournament the following day. Time is money, and being a man with his skill and lots of both, it’s only a matter of time and patience before he hits the prop bet lottery.

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Posted by CarbonPoker on 16th June 2010

Sam FarhaFor all of his tournament success during the early 2000’s and appearances on High Stakes Poker, it’s been a while since we’ve heard Sammy Farha’s name in the poker news.  However, Farha recently changed all of this with a win in the Omaha Hi-Lo World Championship.  In fact, he made a strong claim to being known as the best Omaha player in the world after wining his third WSOP bracelet.

But it wasn’t easy for Farha since he had to go against James Dempsey, who was looking for his second gold bracelet of the 2010 WSOP.  And Dempsey wasn’t willing to go down without a fight as him and Sammy played heads-up poker for over four hours.  But Farha was finally able to overcome Dempsey ($301,789) in the end and earn the bracelet along with the top prize of $488,241.

This is by far the biggest tournament accomplishment for Farha since he won a $5,000 Omaha Hi-Lo bracelet back in 2006.  He’s only experienced some small cashes in between 2006 and now so this is a huge win for the man who first gained international poker fame after having his pocket jacks cracked by Chris Moneymaker for the 2003 WSOP Main Event title.

In the aftermath of his win, Farha said, “This is very special, of course.  Anytime you can beat a tough field it’s special.  There are a lot of great players.  The whole field is amazing.  Every year, I think this is the toughest field (Omaha Hi-Lo Championship) in the entire WSOP.  It is 212 players and they are all good players.”

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Posted by Ray Finkle on 16th June 2010

boydSome of you will remember Russ “Dutch” Boyd from World Series of Poker (WSOP) broadcasts years ago. One of the founding members of “The Crew”, a group composed of the then young guns Scott Fischman, Robert Boyd, David Smyth, Joe Bartholdi Jr, Tony Lazar, and Brett Jungblut, the group disbanded amidst tensions between Boyd and many of its members. Seen to some as a con man, and to others a certifiably insane genius, he can now be seen universally as a two-time WSOP bracelet winner.

Destiny repeated itself on Sunday when Boyd won his second bracelet in another short-handed event, this time limit hold’em. Facing Brian Meinders in heads-up play, Boyd climbed his way back from a 4-to-1 chip deficit to take the tourney down, walking away with the title and $234,065. Second place and $144,650 is nothing short of remarkable for Meinders, who came in 8th of this very same event last year.

Boyd’s first bracelet came in the $2,500 short-handed no limit hold’em even at the 2006 WSOP. Facing WSOP Champion Joe Hachem heads up in front of the television cameras,  Boyd’s A5 outdrew Hachem’s AQ with a 5 on the river after both flopped the A. He took home the bracelet and $475,712, much to Hachem’s dismay.

Boyd began attending college at 12, graduating with a law degree from the University of Missouri Law School at just 18. Inspired by the movie Rounders, he ditched his law career for card rooms in California. He gained notoriety in 2003 at his 12th place finish at the WSOP Main Event, shortly forming “The Crew” weeks later.

To the poker community, Boyd is most notorious for coming under fire with his PokerSpot online card room between 2000 and 2001. Co-owned with his brother Robert, the appointed CEO, the site began raking in $100k a month. In 2001, after credit card processors were late  in transferring money from deposits to the site, they were shorted for a six week period and unable to pay cashouts to its players.

The two began posting on the trailblazing rec.gambling.poker (RGP) newsgroup when users started voicing their concerns. “We did not receive your cashout request. I am not sure why, and we are still investigating, but we have no intention of keeping your money. This is a very isolated incident, and I think you’ll find very few complaints regarding our customer service.”

It all hit the fan, and the site pulled the plug shortly after. Wasting away multiple opportunities to sell its assets and pay back the outstanding money, some believe Boyd ran for the hills with some $400,000 of the outstanding cashouts, leaving people stranded and penniless. Others believe that a genius, in his right mind, wouldn’t botch an opportunity to make $100k a month, and in the site’s failure, was left a broken, insane mess, and committed for mental health concerns weeks later.

His most recent debacle involves the Two Plus Two Publishing company, owned by pro Mason Malmuth. For years, the company has sold millions of some of the finest poker strategy books on the market. In 2009, Malmuth filed suit against Boyd after it was found that since 2004, he had been operating a site at the address twoplustwopoker.com, making what were deemed “substantial” profits from his blatant infringement of the Two Plus Two brand. Boyd refused to cooperate, sending a two-word e-mail back to Malmuth in his correspondence. I will let you guess what those two words were. A resolution has yet to be seen.

But yah, he’s won two bracelets!

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Posted by CarbonPoker on 8th June 2010

Simon WattTom Dwan has won millions of dollars in online poker this year, and often plays for pots bigger than the first place prize of most WSOP events.  Event still, WSOP gold bracelets are a coveted prize and Dwan has yet to put one around his wrist.  And it’s especially important that he win one this year since Dwan has made a lot of side bets that he will win a bracelet; in fact, he stands to make around $2 million if he wins one!

Dwan came so close to winning the bracelet in Event #11 of the WSOP, but was denied by New Zealander Simon Watt.  Both Watt and Dwan stormed through a field of 2,563 No-Limit Hold’em players before meeting in heads-up play.  And while most would have given Dwan the advantage here, Watt is definitely no bum since he has won an Asia Pacific Poker Tour event in his hometown of Auckland.

The heads-up match between Simon Watt and Dwan drew the biggest cheering section of the WSOP since many of the pros who bet against Dwan were gathered.  Fortunately for people like Phil Ivey and Daniel Negreanu, Dwan’s Q-6 couldn’t outrun Watt’s pocket nines.  With the victory, Watt hauled in $614,248 while Dwan earned $381,885 for second place.

One-fourth of the WSOP is over now so Dwan will have to pick and choose the events he plays very carefully from now on if he hopes to win the $2 million in prop bets that are on the table.  He’ll definitely have a good shot in any No-Limit Hold’em or Pot-Limit Hold’em event since these are his specialties.

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Posted by CarbonPoker on 8th June 2010

nguyenIt’s hard to imagine Men “The Master” Nguyen being mentioned in the same breath as poker legends like Phil Ivey and Billy Baxter.  After all, The Master has gained some attention in the past few years for being accused of cheating in LA area card rooms with players he has trained.  And while the jury is still out on whether any of the allegations are true, nobody can deny Nguyen’s success in the WSOP…..especially after he recently won his 7th gold bracelet to tie Ivey and Baxter.

Men won his 7th bracelet in the $10,000 World Championship of Seven Card Stud.  The finale came down to him and Brandon Adams as they squared off in heads-up play.  The heads-up portion of the championship was pretty even as both players battled back and forth for a while.  But in the end, Nguyen proved to be the superior player and was able to win his seventh bracelet along with $394,800.  Adams didn’t do too bad either after hauling in $243,958 for taking second place.

As mentioned before, the win ties Nguyen with Ivey and Baxter for sixth place on the all-time bracelet winner list.  In addition to this, Men also improved upon his second place standing in all-time WSOP cashes since he now has 67 – he trails Phil Hellmuth who has 75 cashes.

Another interesting story involved Michael Mizrachi going for his second bracelet of the 2010 WSOP (his first came in the Player’s Championship).  Unfortunately for Mizrachi, he fell short by finishing in sixth place while the runner-up in the Player’s Championship, Vladimir Schmelev, finished in seventh place.

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Posted by CarbonPoker on 4th June 2010

mizrachiMichael Mizrachi has had a lot of troubles lately.  Less than a month ago, he had both of his Florida houses taken away by the government since he owes over $340k in back taxes.  Aside from this, he’s also trying to deal with what he believes to be bad accounting in regards to the unpaid taxes.  But finally, it seems like Mizrachi got a break…..a $1,559,046 break!

Mizrachi banked the nearly $1.6 million after winning the prestigious Player’s Championship at the WSOP.  The Player’s Championship is so prestigious because it costs $50,000 to enter and usually only poker’s biggest names are involved in the event.

What was really interesting about this event was that Mizrachi ended up playing against his own brother, Robert, at the final table.  Unfortunately, there was no brother-vs.-brother heads-up match to finish the tournament since Robert finished fifth ($341,429) after being busted out by Michael.  However, the brothers made history by earning the highest finish by two family members in a WSOP event.

After winning the event, Michael Mizrachi earned his first WSOP gold bracelet, which means that he has won just about every major title in live poker.  And winning this event was a huge honor for Mizrachi as he said, “If I was going to win a gold bracelet, I definitely wanted to win this event.”  He also added, “To win Chip Reese’s Trophy is really special to me.  I hope to be able to honor him in the way he deserves.”

With this huge win, Mizrachi ends a bad run that’s lasted about a year or so, and he has shifted the media attention away from his financial troubles.  In fact, he shouldn’t have to worry about money for a while now!

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Posted by Ray Finkle on 24th May 2010

suicidekingwatchFor the first time ever at 2010′s World Series of Poker (WSOP), personalized bracelets will be awarded to the event winners, and like snowflakes and pizzas, no two will ever be the same.

The WSOP formed a partnership with On Tilt Designs Pty. Ltd., with plans to adorn players in brand new WSOP merchandise from head to toe. The culmination of their partnership hinges On Tilt’s partnering with Steve Soffa, famed jeweler and watchmaker (see “Suicide King” picture) with a featured store at the Rio, home of the Series. With their partnerships, Soffa now becomes the official jeweler of the WSOP. Not a bad gig…

Soffa and his jewelers will be on hand at the bracelet ceremonies to personally engrave each bracelet with the name of the winner and details of the event. Further customization will be made available upon request.

The bracelets will be comprised of 14K solid gold with mixed cuts of diamonds, while the card suits on the front of the band will consists of rubies and black diamond. The Main Event bracelet will be close to six ounces of gold and 550 diamonds, a travel-size Fort Knox for your wrist offering you tens of thousands of reasons to never walk down a dark alley late at night.

Each bracelet will be accompanied by a beautifully lacquered box to house and display each timeless piece, until its winner gambles away all of his winnings and needs to pawn it to make rent.

For a pretty amazing look into the process behind these new bracelets, watch the video below.

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Posted by CarbonPoker on 29th April 2010

wsoplogoThe last 2010 World Series of Poker Grand Final is set for May 16, 2010 at 13:00 SERVER TIME.

If you want CarbonPoker to send you to the big show in Vegas, now is the time! As an online player, winning a satellite tournament for a live seat spot is one of the ultimate goals.

The package is valued at $12,500 — including travel, accommodations and your WSOP entry.

How Do I Get Into The Tourney?!

Glad you asked. You can either buy your way in, or win your way in through smaller satellites.

We’ve got $2, $11 and $60 Satellite steps to get into the Grand Final. If you want to skip those smaller tourneys, fork over $460 to enter the main event. That’s a small investment for such a major prize.

That’s not all. Winners of the WSOP Grand Final will be repping Carbon in Vegas. That gives you access to player-only parties, a ton of swag, booze and celebrity schmoozing. Sound good? Yep, I thought so.

If you miss out on this, we run satellites each and every month that could get you on a plane and into a live tournament. But I think we can all agree that the WSOP is the sweetest prize. Hit the tables, win your way there, and we’ll see you in Las Vegas!

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Posted by Ray Finkle on 25th March 2010

Carlos_MortensenWorld Poker Tour (WPT) history was made on Wednesday, when Carlos “El Matador” Mortensen dodged the horns of a modest 144 player field and took down the inaugural $10,000 no-limit hold’em World Poker Tour (WPT) Hollywood Poker Open in Lawrenceburg, Indiana. With his win, Carlos surpasses Daniel Negreanu as the all-time cash winner on the WPT, with over $5.6 million tourney earnings across the 56 WPT main events he has played. He also ties Gus Hansen for most WPT titles (3).

Mortensen earned his first WPT title at the Doyle Brunson North American Poker Championship in 2004, walking away with a cool $1,000,000. His second win was the Season Five Championship event in 2007 and its monstrous $3,970,415 first place purse, making him the only player to have won both the World Series of Poker (WSOP) Main Event and WPT Championship.

Mortensen first gained notoriety when he won the WSOP Main Event back in 2001. Since then, he has 18 WSOP and 15 WPT cashes to his credit, as well as a second WSOP bracelet in limit hold’em from 2003. To date, his tourney winnings surpass $9,132,442, putting him at 11th overall amongst poker’s top money winners. His competition:

  1. Phil Ivey – $12,799,787
  2. Daniel Negreanu – $12,502,375
  3. Jamie Gold – $12,218,754
  4. Peter Eastgate – $11,308,359
  5. Joe Hachem – $10,670,474
  6. Scotty Nguyen – $10,592,845
  7. Allen Cunningham – $9,923,700
  8. Erik Seidel –$9,593,024
  9. John Juanda – $9,579,464
  10. T.J. Cloutier – $9,413,236

Amidst all of his accomplishments, it is also interesting to note Mortensen’s ability to make his deep WPT runs count, with four WPT final table appearances bringing him three victories. I guess that’s pretty good…

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