Did the next Macau bubble just start two weeks ago?


The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.

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Addamo, Adams, and Bonomo Among Big Sunday Winners

February 16 2021
Matthew Pitt

Online poker tournaments are massive on Sundays and this fact along brings out the game’s best players. Michael Addamo, Timothy Adams, and Justin Bonomo are just three of those stellar names who managed to take down a Sunday major this weekend.
Addamo Takes Down GGPoker Sunday 500 High Rollers $5,250
Michael Addamo enjoyed a super Sunday courtesy of triumphing in the Sunday 500 High Rollers $5,250, a tournament that attracted 113 of the world’s best players to the GGPoker virtual felt.
Addamo’s first bullet didn’t go to plan and he crashed out in 76th place. He re-entered and put used his new stack to full effect.
The likes of Kristen Bicknell, Matthias Eibinger, Elio Fox, Benjamin Rolle, and Anatoly Filatov busted inside the money places but before the star-studded final table.
Austria’s “Filip1” was the final table’s first casualty. Their ninth-place exit awarding a $14,833 prize.
Alex Foxen and David Yan then busted. Yan would go on to take down Sunday High Rollers Bounty King $3,150 for $49,300 later in the evening.
The exits of Michael Zhang, Aleksei Barkov, Pascal Hartmann, and David Peters left Addamo heads-up against Wiktor Malinowski. Addamo rarely loses when he’s heads-up and that was the case again here. Addamo collected $131,187 for his victory while Malinowski banked $99,898 for his runner-up finish.
Defeating Malinowski will go some way to making up for losing a massive $842,000 cash game pot last year.
Sunday 500 High Rollers $5,250 Final Table Results
PlacePlayerCountryPrize

1Michael AddamoCanada$131,187

2Wiktor MalinowskiMacau$99,898

3David PetersCanada$76,072

4Pascal HartmannAustria$57,928

5Aleksei BarkovRussia$44,112

6Michael ZhangBrazil$33,591

7David YanNew Zealand$25,579

8Alex FoxenCanada$19,478

9Flilip1Austria$14,833

¥80 Million Gtd Asian Poker League (APL) Hits GGPoker
Adams Takes Down High Rollers Blade Prime $2,625
Timothy Adams’ latest victory came in the High Rollers Blade Prime $2,625, an event that saw 80 players buy in.
All but two of the players who navigated their way to the final table walked away with five-figures hauls. Fedor Holz and Andrii Novak being that duo.
“LeoJose” fell in seventh and was joined on the rail first by Artur Martirosian, then by Urmo Velvelt, Rainer Kempe, and China’s Kevin Pu.
This left Adams, on his one and only bullet, heads-up against Arsneii Malinov. Malinov fell at the final hurdle and scooped $36,565, which left Adams to add the $46,885 top prize to his GGPoker account.
High Rollers Blade Prime $2,625 Final Table Results
PlacePlayerCountryPrize

1Timothy AdamsCanada$46,885

2Arsenii MalinovRussia$36,565

3Kevin PuChina$28,516

4Rainer KempeGermany$22,239

5Urmo VelveltEstonia$17,344

6Artur MartirosianRussia$13,526

7LeoJoseBrazil$10,549

8Andrii NovakUkraine$8,227

9Fedor HolzAustria$6,416

Other GGPoker Highlights
Shankar Pillai – first-place in the High Roller MILLION$ for $207,692Gabriel Schroeder – first-place in the GGMasters High Rollers $1,050 for $140,355MonkeyD93 – first-place in the Global MILLION$ for $112,712swedishdream – first-place in the Bounty Hunters HR Main Event $525 for $95,817*Sami Kelopuro – first-place in the High Rollers Sunday Blade Opener $5,250 for $57,374L1mpFold – first-place in the GGMasters $150 for $54,631David Yan – first-place in the Sunday High Rollers Bounty King $3,150 for $49,300*Joseph Cheong – first-place in the Sunday Bounty King $315 for $44,349*Ami Barer – first-place in the High Rollers Blade Mulligan $2,625 for $43,288Michael Zhang – first-place in the High Rollers Blade Opener $2,625 for $39,752Andras Nemeth – first-place in the High Rollers Blade Bounty King PLO $3,150 for $35,513*spera91 – first-place in the High Rollers Marathon $840 for $33,695Joao Caetano – first-place in the Sunday High Rollers Fifty Stack $500 for $31,657Boris Kolev – first-place in the Sunday Forty Stack $400 for $30,214Bruno Botteon – first-place in the Sunday high Rollers Bounty Special $840 for $29,113*Dante Fernandes – first-place in the Bounty Hunters Sunday Special $210 for $25,808*Babyccino – first-place in the Sunday Main Event $200 for $24,254Anton Wigg – first-place in the Sunday High Rollers Fast $525 for $13,780
*includes bounty payments
Justin Bonomo Binks the partypoker High Roller Big Game
Justin Bonomo
Justin Bonomo, fresh from his recent Super MILLION$ victory, continued his impressive run of form by taking down the High Roller Big Game at partypoker. Bonomo came out on top of a 127-strong field in the $2,600 buy-in event to get his hands on $79,128.
The final table was brimming with the world’s top poker talent, as you’d expect from such a prestigious tournament.
Tomi Brouk busted in ninth and won $8,739, the tournament’s last four-figure prize. Ognyan Dimov, Roberto Romanello, and Pedro Garagnani were the next players to fall by the wayside. Niklas Astedt and Team partypoker’s Kristen Bicknell followed suit.
Ukraine’s Pavlo Kolinkovskiy’s elimination in third-place, worth $34,935, left Bonomo and Ali Imsirovic heads-up for the title. Bonomo got the job done and secured the $79,128 top prize, leaving Imsirovic to bank $79,128.
High Roller Big Game Final Table Results
PlacePlayerCountryPrize

1Justin BonomoCanada$79,128

2Ali ImsirovicMexico$50,916

3Pavlo KolinkovskiyUkraine$34,935

4Kristen BicknellCanada$24,702

5Niklas AstedtSweden$18,330

6Pedro GaragnaniBrazil$14,667

7Roberto RomanelloUnited Kingdom$12,398

8Ognyan DimovBulgaria$10,539

9Tomi BroukFinland$8,739

Jamie O’Connor Takes Down Big Game
Jamie O’Connor turned $530 into $41,417 by winning The Big Game. O’Connor was a guest on Leigh Wiltshire and Des Duffy’s APAT Show while he was grinding this event but chatting didn’t put him off the grind.
O’Connor defeated Rui Da Silva heads-up to lock up the top prize and resign Da Silva to a $28,678 consolation prize.
Two other players saw their bankrolls swell by five-figures. Fourth-place finisher Joel Nystedt scooped $13,158 with Joao Gaspar reeling in a $19,868 prize for his demise in third-place.
The Big Game Final Table Results
PlacePlayerCountryPrize

1Jamie O’ConnorUnited Kingdom$79,128

2Rui Da SilvaCroatia$28,678

3Joao GasparMalta$19,868

4Joel NystedtAustria$13,158

5Dwayne SluisNetherlands$9,177

6Fahredin MustafovBulgaria$7,273

7Justin OuimetteCanada$5,843

8Joakim AnderssonSweden$4,737

9Jamie NixonUnited Kingdom$3,844

Other Highlights From partypoker
LivviG – first-place in the $320 The 300 for $19,962*BeastFromDaEast – first-place in the $109 Weekender for $17,563*Andreas Puntigam – first-place in the $55 Mini Big Game for $17,155freestylee – first-place in the $111 One Shot for $13,848*youngblood – first-place in the $215 Warrior for $13,450*EZfold55 – first-place in the $55 Gladiator for $12,138*
*includes bounty payments
partypoker MILLIONS Online Schedule Features MEGA High Roller and $5m GTD Main Event
Peter Traply Nets Sunday Super Sonic Top Prize
Peter Traply
Peter “Belabasci” Traply triumphed in the PokerStars $215 Sunday Supersonic and banked a cool $20,378. That only tells part of the story, however, because the Sunday Supersonic is a hyper-turbo structured tournament meaning Traply’s victory only took one-hour 13-minutes for an hourly rate of $16,750, which is nice work if you can get it!
Runner-up “mindreader007” and third-place finisher “acesdesigner” were the two other finalists whose $215 swelled to a five-figure score. Second-place weighed in at $14,591 with the third-place finisher collecting $10,448.
$215 Sunday Supersonic Final Table Results
PlacePlayerCountryPrize

1Peter “Belabasci” TraplyHungary$20,378

2mindreader007United Kingdom$14,591

3acesdesignerBrazil$10,448

4LilharmisFinland$7,481

5Michiel “utreg” BrummelhuisNetherlands$5,356

6Felipe “ultraviol3nt” OlivieriArgentina$3,835

Dutch Star Wins High Roller Sunday Supersonic
“Daenarys T” from the Netherlands took down the $1,050 edition of the Sunday Supersonic and did so in a mere one hour and five-minutes. This meant their $24,032 prize was worth $22,251 per hour!
There were some awesome players at the six-handed final table, including runner-up Bruno “botteonpoker” Botteon and third-place finisher Benjamin “bencb789” Rolle. The day, however, belonged to former Sunday Million champion Daenarys T.
PlacePlayerCountryPrize

1Daenarys TNetherlands$24,032

2Bruno “botteonpoker” BotteonBrazil$18,451

3Benjamin “bencb789” RolleAustria$14,166

4Viktor “papan9_p$” UstimovRussia$10,876

5blackaces93Poland$8,350

6Andy “wiisssppppaa” TaylorUnited Kingdom$6,410

Other Highlights From PokerStars
13shaun – first-place in the $1,050 Sunday High Roller for $60,576Aleksei “AS Leshiy” Smirnov – first-place in the $215 Bounty Builder for $31,476*RaiseUpBlind – first-place in he $1,050 Sunday Cooldown for $29,468*yuhei33 – first-place in the $109 Bounty Builder for $29,419*Felipe “lipe piv” Boianovsky – first-place in the $215 Bounty Builder for $29,289*babecallme – first-place in the $109 Sunday Cooldown for $27,227*Black88 – first-place in the $215 Sunday Warm-Up for $17,941Artur “marathur1” Martirosian – first-place in the $1,050 Sunday Warm-Up for $17,814planty07/08 – first-place in the $109 Sunday Kickoff for $15,407Chris “ImDaNuts” Oliver – first-place in the Hotter $215 for $13,872*Dominik “Bounatirou” Nitsche – first-place in the $215 Fat Sunday for $11,782Christian “WATnlos” Rudolph – first-place in the $530 Sunday Marathon for $11,116
*includes bounty payments
Get Ready for 107 MicroMillions Events Across Only Four Days!
maestro1908 Grabs the $100,000 Sunday Mega Deep Title at 888poker
The $100,000 Sunday Mega Deep had been hitting its guarantee lately but it reverted to type on February 14 when 892 players bought in to leave 888poker nursing a $10,800 overlay.
“maestro1908” netted the $16,350 top prize after defeating the United Kingdom’s “needabridge” heads-up, leaving the Brit to bank $11,900.
The $30,000 Sunday Challenge PKO performed much better with the 335 entrants ensuring the $30,000 guarantee was beaten by $3,500. “troms18” was the last player standing, a result that saw $6,327 head to their account. Swedish star “VnilaVader” was the tournament’s runner-up; they scooped $3,464 with bounties included.
888poker Giving Away $100,000 in 24/7 Freeroll Festival All This Month

The Stars Group is a majority shareholder in Oddschecker Global Media, the parent company of PokerNews.

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New year, new plan!


2017 is here! It’s time to reflect on the past year and plan ahead for the future.What a roller coaster year 2016 has been! Ahhhh, the highs and lows of tournament poker life! From winning my first live tourney(no chop), to traveling all over the country to play tournaments, to getting my ass kicked at the World Series of Poker in Vegas, it has been one hell of a ride. I haven’t had any MAJOR scores this year but I would be crazy to be too bummed about it, as I’m so incredibly grateful for the opportunity to play this amazing game for a living. While I’m sure it’s not anything crazy for a lot of pros, I still have to recognize how lucky I truly am, I have been living the dream! I’ve traveled to more places, played in stakes both live in online that I never dreamed I would, I’ve sat at tables with some of my poker heroes and finally played my first World Series of Poker in Vegas. I’ve made my share of mistakes, blunders and missteps, but they have forced me to learn, and to continually better myself as a player. While all were not positive, every experience I’ve gotten this year will last a lifetime! I learned a lot last year, hopefully I can carry those lessons I’ve learned into the next year ahead and make 2017 the best year ever!I was unsure where to go with my plan for the future, but Intertops was supportive of all my ideas, and I think we have come up with a great plan! I could not be blessed with a better situation or working with a better company than Intertops Poker! I could not be more fortunate and grateful for the amazing opportunity they have given me and I plan to make 2017 great with them!I thought about following a few different tours, trying to decide what was the best value and at the same time, more entertainment for our followers. After a lot of back and forth, I decided I will attempt to hit at least one WSOP circuit a month, with it all leading back to what will be my second World Series of Poker in Vegas! Hopefully I’ll be able to play some other tournaments in between including going to Austria again this year with Intertops! I could not of had a better experience last year, going to both Seefeld and Velden, so I can’t wait for round two!! As far as the circuit goes, I’m going to go start off with the Choctaw in Durant, Oklahoma (nice and close to home), then hitting up the West Palm Beach Kennel club stop in Florida. Next, luckily enough for me, the WSOP is having a new stop this year, in Tulsa Oklahoma at the Hard Rock Cafe. It’s still going to require some more planning, being about five hours away, but overall much more practical for driving then some of the other stops. Then, in April, that much anticipated stop in Cherokee North Carolina, which is been the highlight of many of my friends WSOPs, including one who just final tabled the last stop for a huge score! I’ve heard many great things about this stop, so I’m very excited. After that, in May we will be at Harrah’s New Orleans stop which is also within driving distance or a quick flight for me from DFW. I’ve never been to the stop either but between friends that live out that way, and hearing other players talk about the juicy cash games that run there, I’m sure it will be a blast! So considering I’m not made of money and I want to be as smart as possible about bankroll management this year, my plan will be to play the kickout events for all the stops listed. They are $365 buy ins with most of them having very large guaranteed prize pools. I’ll try to get the most bang for my buck, and if I do well, consider playing the Main events the following weekend!So it will be Oklahoma, Florida, Oklahoma again, North Carolina, and then Louisiana before heading back out to the Mecca of Poker that is the WSOP in Vegas. On top of all this, I know I’ll be going to Seefeld Austria for the last week of February which will for sure be another amazing trip! Back to the place that started it all for me with Intertops and life as a full-time professional poker player! Hopefully, there will be other satellite wins again this year through Intertops as well. I’m sure everyone would love going back to one of their many exotic satellite destinations for more incredible experiences, as well as high-stakes poker tourneys! lolIf you want to get in on the fun, Intertops just started running satellites yesterday for as little as two bucks! It leads to a final, $109 buy in satellite tournament on January 22nd for a $4000 package! It’s a winner take all for a trip to Seefeld, Austria to play in this amazing spot with me in a $2200 main event! It also includes a five nights stay in an amazing bed-and-breakfast up the mountains of Austria and $500 in travel expenses! You can follow along with all the action at www.twitch.tv/2fit2fold or my fellow streamer and sponsored players at www.twitch.tv/chrisp200. The streams have been growing steadily and we have quite a few loyal followers so we just started a super fun free roll challenge! It’s Monday through Wednesday at 7:30 pm. You can check out the all the details at www.killedavariance.com.I hope you fall along on my action and shenanigans for the coming months, as Intertops Poker and myself have big things planned for the future! Be sure to stop in to the blog and to twitch to for all of the latest updates and promotions! PS: Read about Tim’s Aruba action or his previous article here!PPS: Want to know more about our current promotions?

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I get an amazing hand & this always happens


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Learning from Phil Hellmuth Jr.

I was recently honored to host a live webinar with 13-time WSOP bracelet winner Phil Hellmuth Jr. While Phil is a bit of an enigma in the poker world because no one quite understands how he wins on a consistent basis in high stakes poker tournaments, I knew there were countless skills I could learn from him. When you have the opportunity to discuss poker strategy with one of the most successful poker players in the world, you listen!
Since the webinar, I have implemented numerous concepts we discussed, drastically increasing my profits at the table.
One of the most important concepts he discussed was the idea that if you have played poker for a long time and studied the game diligently, as I have, you should tend to trust your reads. Since our webinar, I have worked hard on my reading abilities and they seem to be paying off.
I recently played in a $13,000 high roller event in Barcelona. There was one player at the table who was obviously splashing around. Everyone was making a point to play pots with him. Even though he was clearly playing junky hands, he always had the nuts when his opponents decided to call his large postflop bets.
Eventually I raised with A-T from middle position, the splashy guy called in the small blind and the Big Blind also called. The flop came 4-4-3. The splashy guy made a bet and I decided to call. The turn was a J. He bet again and I called. The river was an 8 and he bet enough to put me all-in, which was around the size of the pot.
Seeing how he had only shown the nuts when he took overly aggressive lines in the past, this would normally be an easy fold. However, something did not feel right. I can’t quite quantify what it was, but he looked nervous. I thought he would play numerous busted draws in this manner. My main concern was that he could be bluffing with a hand such as 2-2 or A-Q, which would be a disaster for me.
However, I went with my read and called. He showed the 5-2 and I doubled up with my marginal A-high.
While this is certainly an extreme example, if I did not have the amazing learning experience with Phil, I would have folded. Instead, I won $13,000 in equity.
To get instant access to this enlightening learning experience with Phil Hellmuth Jr. where he discusses numerous other strategies he implements to constantly win poker tournaments, check out the webinar here: Learning from Phil Hellmuth Webinar

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The luck of the Irish has Ireland at the top of global gambling spend


It may not have originated in Ireland, but the phrase “the luck of the Irish” rings loudly in the country. According to The Irish Post, more money is spent, per capita, on gambling in Ireland than in almost all other countries around the world. Only in two countries – Australia and Singapore – is more spent hitting the slots and the tables than in Ireland.The media outlet doesn’t source its data, but indicates that the Irish love online gambling more than any other form. Online gambling spend is 60%, greatly superior to other forms gambling and sports gambling, which only accounts for 15% of the money. The lottery receives a 10% cut, the same amount given to gambling machines and slots. Casinos, of which Ireland has around 20, pick up 5% of the action.While Australia and Singapore may see more gambling spend per capita, Ireland is the hands-down winner in online gaming spend, with The Irish Post asserting, “Ireland takes the lead globally when it comes to online gambling.” It adds, “With almost 3 billion American dollars spent on gambling and betting every year, that means that each man, woman, and child in Ireland are spending roughly 500 [euros] ($607) annually on this type of entertainment.”The media outlet further indicates that online gambling is most popular in Ireland because the segment is more regulated. It cites “outdated laws” that some casinos are exploiting to attract attention, but the transparency and accountability afforded gamblers by online operators give them an edge. The Irish Post explains that, according to reports, many Irish would prefer to gamble in a British casino than in a domestic one, possibly as a result of the outdated laws.Even before the COVID-19 pandemic, the Irish loved to gamble online and the segment increased about 15% each year. Last year, with the coronavirus in full swing, the numbers jumped substantially and, with the introduction of live online casino games and live sports gambling, the online segment has skyrocketed in popularity. Online gambling is inarguably the future, looking down the road 20 to 30 years, but it’s never too early for casino operators to start preparing.Surprisingly, the U.S. ranks fifth in terms of per-capita gambling spend, even less than Finland. However, with a population of over 330 million, it’s the largest market available. $120 billion was spent on gambling in the country in 2019, while the Irish spent $2.7 billion through its population of less than five million.

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Paulis Plausinaitis leads GGPoker WSOPC main event final table


The GGPoker World Series of Poker Circuit event is down to its last nine players and there are some superstars waiting to battle at the felt for the famed Circuit Ring and perhaps more importantly, the $1,236,361 top prize.With 6,395 entries, the $1,700 buy-in was stumped up by a huge number of players and that meant the $10 million guarantee was exceeded to an eventual total prizepool of $10,327,925.With 700 players paid, Day 2 started with 1,112 players, meaning the bubble had not yet burst, and play might have been expected to slow down a little. With the two final turbo Day 1 flights running into that Day 2, however, play carried on at a lick of pace, with an orbit at each of the remaining tables producing over 100 bust-outs.There were some big names who ran close to the money but missed out on profit, such as Christian Rudolph, Juan Pardo, Kenny Hallaert, David Yan, GGPoker ambassador Felipe Ramos and Fedor Holz, with the min-cash of $4,107 eluding them all.Others snuck into the money places, with players such as Brunno Botteon, Bertrand ‘ElkY’ Grospellier, Mohsin Charania, Jack Salter, Noah Boeken, Mark Radoja, Laurynas Levinskas and former WSOP Main Event winner Ryan Riess all cashing but failing to make the business end of the tournament. Inside the top 100 places, there were more hard luck stories for big names in the game, with the latest big GGPoker WSOPC winner Niklas Astedt busting, and he was joined on the rail by players such as Ronny Kaiser, Michael Addamo and Mike ‘SirWatts’ Watson to name just three.Later still, others such as Danny Tang, Simon Mattsson and Philippe D’Auteuil all departed, and it was around this time that a certain WSOP bracelet winner began to truly thrive. Joseph Cheong was nestling at the top of the leaderboard and starting to make his quality count.Back in 2010, this epic hand at the World Series of Poker saw Joseph Cheong’s aces lose to 7-5 after all the chips went into the middle on a 5-6-6 flop.Cheong managed to stay at the higher reaches of the leaderboard late in the day and will go into play in the final with 63 big blinds, holding 50.7 million chips. Only two players have more chips than Cheong, with the chip leader heading into the final being Macau-based Lithuanian Paulis Plausinaitis (76 million/95 big blinds) and second-placed Belarussian Artem Prostak (54 million/68 big blinds) also ahead of Cheong’s stack.Those three are not the only big players awaiting in what is sure to be a stacked final table when it takes place on Saturday 16th January. Finnish poker pro Joni Jouhkimainen with go into battle with only 13.8 million chips (17 big blinds) but will have nothing to lose by going on the attack. Romanian Alexandru Papazian has 25.1 million chips (31 big blinds) and will be an even bigger threat to the established players at the table in terms of chips.The action is sure to be superb when the final takes place, with kick-off time on the 16th January (this coming Saturday) being at 6.30pm UTC and broadcast on a live delay on the GGPoker Twitch channel.With blinds meaning the average stack is just over 44 big blinds, only four players have that, so you’ll want to tune in for kick-off as those below the line will need to make moves – and quick.GGPoker WSOPC Main Event Final Table Chipcounts:PositionPlayerCountryChipsBig Blinds1Paulis PlausinaitisLithuania76,004,22495 2Artem ProstakBelarus54,179,29168 3Joseph CheongUnited States50,700,58263 4‘likeboy’China47,269,12959 5Alexandru PapazianRomania25,140,09131 6‘turkey1’China21,939,16027 7‘BetAddict’Israel20,263,05825 8Joni JouhkimainenFinland13,814,88217 9‘DaiMing141319’China8,992,30511 

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เฮ้พวกฉันยังใหม่กับโป๊กเกอร์ดังนั้นฉันจึงยังคงเรียนรู้มากมายทุกวัน แอพ wsop ทำให้การออกกำลังกายง่ายขึ้นฉันจึงสนุก สองสามวันแรกที่ฉันมีแอปพลิเคชันฉันน้ำตาไหลทุกคืนฉันได้รับพลังงานจากมือถึงมือ ตรงเพื่อล้างและแม้แต่ล้างครั้งเดียว ฉันยังไม่มีสี่หรือมากกว่านั้น สิ่งที่ฉันทำคือหลังจากนั้นไม่กี่วันมันก็เริ่มยากขึ้นมากสำหรับฉันฉันจะต้องตรงหลังจากที่ล้มเหลวและฉันจะได้รับการล้างจากแม่น้ำ ฉันตระหนักดีว่าเวลาและประสบการณ์สามารถอ่านได้ดีขึ้นและคาดการณ์การลดลง แต่หลังจากสองวันที่ผ่านมาฉันเริ่มสนุกกับแอปน้อยลงเรื่อย ๆ มันสนุกมากเมื่อทุกคนในโต๊ะมีเงินใกล้เคียงกันตอนนี้แม้ว่าฉันจะอยู่ที่โต๊ะชั้นล่าง แต่ก็เป็นเพียงผู้เล่นที่ร่ำรวยสกปรกหยิบของแทบทุกอย่างตั้งแต่เครื่องปัดไปจนถึงแม่น้ำ แน่นอนว่าโป๊กเกอร์เกี่ยวกับการคุกคามคู่ต่อสู้ของคุณ แต่มันจะไร้สาระเมื่อผู้คนต้องยอมแพ้ก่อนที่จะล้มเหลวแม้จะมีความยากลำบากสูงเพราะกลัวว่าจะไม่ได้คู่เพียงเพื่อที่จะรู้ว่าฉันมีมอนสเตอร์ถ้าฉันรอ . บางทีฉันอาจต้องฝึกฝนมากขึ้นหรือดูวิดีโอเพิ่มเติมเพื่อให้ได้ข้อมูลเบื้องต้น (ขอขอบคุณคำแนะนำใด ๆ ) แต่สองวันที่ผ่านมาเป็นจังหวะที่ยิ่งใหญ่ที่สุดที่ฉันเคยมีและนั่นทำให้ฉันไม่สามารถใช้แอปต่อไปได้ แน่นอนว่าเกมนี้เกี่ยวกับทักษะและโชค แต่มันเริ่มรบกวนฉันเมื่อฉันพ่ายแพ้ในเกมที่ทรงพลังทั้งหมดในช่วงสองวันที่ผ่านมา ฉันมีจักรยานไหม มีคนวาดตรงหรือฟลัชสูง มี 3 แบบมั้ย? มีคนสี่คน แม้ว่าฉันจะมีเต็มบ้านฉันก็จะถูกทุบตี บางทีฉันอาจต้องดูวิดีโอเพื่อจะได้ถอดรหัสได้ดีขึ้นเพื่อให้รู้ว่าฉันมีน๊อต แต่ฉันไม่พบวิดีโอที่มีประโยชน์ ฉันรู้ว่ามันฟังดูเหมือนเขาบ่นมาก แต่ไม่ใช่ว่าฉันถูกคนเยอะกว่าเขามักจะเป็นนักเตะที่ร่ำรวยสกปรกที่มักจะโชคดีด้วยแม่น้ำหรือไพ่พลิก แถมคนดังกล่าวยังจะโดนจับมือก่อกวนทั้งโต๊ะอีก แน่นอนว่ามันเป็นแอปอินเทอร์เน็ตซึ่งอาจไม่ใช่การสุ่มที่สมบูรณ์แบบ แต่เมื่อถึงจุดใดแอปนี้จะดูตลก ตามความเป็นจริงแล้วโอกาสที่ผู้เล่นคนเดียวกันจะมีการ์ดสูงที่ดีที่สุดหรือแฟลชโดยตรงหรือมากกว่ามือ 6/10 ขึ้นไปคืออะไร? นรกแม้ว่าฉันจะเล่นได้ดีที่สุดเท่าที่ฉันคิดว่าน่าสงสัยฉันก็จับมือกันด้วยชุดที่น่าทึ่ง แต่ตอนนี้มันแทบจะเหมือนกับว่าฉันไม่มีวันชนะเว้นแต่จะมีใครป้านและฉันเห็นมันหรือใช้กลยุทธ์เพื่อทำให้คนอื่นคิดว่าฉันมี ตั๋วดีกว่า. ดังที่กล่าวมาฉันเรียกว่าแย่มากดังนั้นความพ่ายแพ้ทั้งหมดของฉันไม่สามารถปฏิเสธได้ แต่บางคนรู้สึกว่าแทบจะเป็นหัวเรือใหญ่ราวกับว่าเกมสนับสนุนผู้เล่นบางคนบนโต๊ะ ฉันมักจะเล่นอย่างฉลาดและโทรออกเล็กน้อยและยอมวางเดิมพันสูงก็ต่อเมื่อฉันไม่มีฉากที่มั่นคงหรืออย่างน้อยก็อาจจะมีแฟลชหรือตรงสำหรับฉัน นรกฉันสังเกตเห็นว่าฉันเล่นได้ดีขึ้นในทัวร์นาเมนต์ที่ผู้คนเล่นได้สมจริงกว่าเล็กน้อยและฉันก็ระวังเซ็ตที่ฉันเดิมพันมากขึ้น แต่เมื่อมันออกจากทัวร์นาเมนต์เกมนี้ดูเหมือนจะเป็นแค่การหมุนรอบ ราวกับว่ามันต้องการจงใจทำให้ฉันโกรธ บางทีผู้ใช้แอปคนอื่น ๆ อาจเคยเล่นเกมที่ยุติธรรมกว่านี้ แต่ในช่วงสองวันที่ผ่านมาฉันถูกคุกคามและโกรธมากขึ้นก็ต่อเมื่อคนรวยพูดปดและเมื่อฉันมีคนใจดี 3 หรือสี่คน แต่ฉันตัดสินใจที่จะไม่ไปทั้งหมด – ในการ์ดสุ่มบางใบที่ไม่มีแฟลชหรือศักยภาพโดยตรงเช่น 2 และ 9 ปิดห้องสวีทหรือพ็อกเก็ต 3 อย่าลังเลที่จะอบฉันถ้าฉันฟังดูงี่เง่า แต่จากมุมมองของฉันแอพนี้บางครั้งก็ตลก

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My Weekly PokerStars Home Game

My Home game is currently on hold and games are not running. If there is enough demand, I will re-start the home game in the future.
*****Sign up info is no longer active*****
PokerStars Home Game:
Club ID: 1976954
Invitation Code: playpoker
Weekly Prizes:
These prizes are awarded each week to the top three finishers of my home game tournament.
This is important!!! If you win one of the prizes, you must email support@jonathanlittlepoker.com your full name, twitch name, pokerstars name, and email address to claim your prize.
1sT:
5 Reward Stars for my video training products
2nd:
3 Reward Stars for my video training products
3rd:
1 Reward Star for my video training products
Poker Coaching Account
In order to redeem your rewards, a PokerCoaching.com account is required.  If you do not have an account, sign up for a FREE Poker Coaching account using the link below.
Free Account
https://members.pokercoaching.com/start_trial.php
How to Redeem Your Rewards
Click the video below for instructions on how to redeem your rewards.

How to sign up:
You can NOT sign up through PokerStars New Jersey, only the global clients PokerStars.net and PokerStars.com.
To sign up for the PokerStars home game, simply download PokerStars and then navigate to the Home Game tab.

Click “Join a Poker Club”.

Then enter:
Club ID: 1976954
Invitation Code: playpoker

I then have to manually accept you, which may take me up to 24 hours. Once I have accepted you, be sure to log back into PokerStars and register for the tournament. You will see JonathanLittlePoker under your list of poker clubs.

Then click on JonathanLittlePoker, click on Schedule, then you will see the upcoming tournaments.

Simply register for the tournaments you want to play and you will be all set.

Log into PokerStars prior to the tournament and the table should automatically pop up once the tournament begins. I am looking forward to playing with you. Please please please share this post with your friends. I want this league to be a huge success so I can continue running it. Thank you and good luck!
This game was initially run as a league, with Kuno2001 claiming the title as well as the $1,500 grand prize. I will start the league back up again sometime after the WSOP, assuming there is enough interest.

HUGE congrats to Biszibosz for winning $1,000 plus lots of additional prizes in Season 2. Congrats to Qtunneler for taking 2nd for $500 plus lots of prizes.
I was honored to have a coaching session with the first and second place players from Season 1 of the league. Here I am giving them their coaching sessions live in Las Vegas!

***For those interested, here is how the PokerStars point structure works:
The exact formula for how Home Game statistics are calculated is based upon these factors:
n = number of players in tournamentk = place of finish (k = 1 for 1st place, k = 2 for 2nd place, etc.)p = integer (n * 0.34)
‘p’ determines who receives points. ‘p’ is the number of places that finish in the top third of the tournament. If there are 6 entrants, then n=6, therefore p=n*0.34, making p=2 (integer of 2.04).
If n = 4, 2 points are awarded for 1stIf n = 5, 3 points are awarded for 1st
For n 5, points awarded are:
n * (sqrt(n)/sqrt(k)) / [sum (sqrt(n)/sqrt(k)) for k = 1 to k = p]
Each tournament with 6 or more players pays out the total number of points equal to the number of entrants (n). The numbers generated by the above equation tend not to equal ‘n’, in these cases the points are normalised accordingly, by keeping the same ratio but applying it to n, rather than n.
So if there are 6 entrants n=6, p=2. As p=2.04, only the top 2 finishers will receive points, meaning the equation will work like this:
For 1st, n=6, k=1, p=2.04:
6 * (sqrt(6)/sqrt(1)) / [(sqrt(6)/sqrt(1)) + (sqrt(6)/sqrt(2)) + (sqrt(6)/sqrt(6*0.34))]6 * (2.449/1) / [(2.449/1) + (2.449/1.414) + (2.449/2.04)]6 * 2.449 / (2.449 + 1.732 + 1.71)= 2.49
For 2nd, n=6, k=2, p=2.04:
6 * (sqrt(6)/sqrt(2)) / [(sqrt(6)/sqrt(1)) + (sqrt(6)/sqrt(2))]6 * (2.449/1.414) / [(2.449/1) + (2.449/1.414)]6 * 1.732 / (2.449 + 1.732 + 1.71)= 1.76
These results are then normalised so that 6 points are awarded in total (as each tournament awards ‘n’ points):
For 1st place:
6* (2.49 / (2.49 + 1.76)) = 3.51points
For 2nd place:
6* (1.76 / (2.49 + 1.76)) = 2.49 points

.

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Seefeld’s Winter Poker Open!


Another great trip with Intertops has come and gone! The Winter Poker Championships (CAPT) in Seefeld, Austria!!It’s a small ski village that’s filled with spectacular sites, all the winter activities you can think of and plenty of poker action! Great locations, great fun and poker action is what Intertops is all about and this was no exception! This trip had it all! Amazing views, wild aggressive players, TheTrooper97 ski crashes and, of course, schnitzel! It was yet another experience of lifetime!An 18 hour trip from Ft Worth to London to Dusseldorf to Salzburg then drive 21/2 hours to Seefeld! It’s a test to even experienced travelers, but well worth the journey once you see those snowcapped mountains. I can’t believe I got to travel back to where it all began! When I was here year last, I was beyond thrilled to experience what I thought was a one in a lifetime trip! I never expected that I would be able to return, never mind have it be my third time to Austria now! Beyond fortunate! For the people who haven’t been following from the beginning of this journey, I won a satellite on Intertops to play in this tourney last year! After quitting my job in November of 2015 to take a shot at playing professionally, I managed to win an event on the site that started this whole amazing adventure. Flying overseas for the first time, meeting the Intertops crew, playing my first $2k+ tourney, and eating A LOT of schnitzel! Here’s the start of it all if you want to catch up to speed! www.2Fit2fold.com/seefeld. Last year is also when I met fellow satty winner and Intertops player Chris Perkins. He and I were amazed and overwhelmed by the whole experience. We didn’t do as well as we had hoped in the tourney, but it was hard to be upset for too long in such a great place.One of the reasons we didn’t do as well as we wanted last year was due to the surprisingly aggressive play of the European players! I mean, I had never seen so much 4 betting EVER! lol It was a little bit confusing to us because this was also one of the best structures we had ever played, with 50k starting stacks and 1 hour levels! I had thought it would be an easy waiting game for good hands and good spots, I mean 50k starting, c’mon there’s so much play there! WRONG! lol What we didn’t take account for was the fact that these players are used to this structure and know how to take advantage of all the players with my same strategy. So many players pour on the aggression, knowing they can keep hammering tighter players and force folds. It’s a good plan, until you realize many of these guys also have that same idea AND play against each other fairly often. It makes for a crazy dynamic that I still have yet to see anywhere else! The closet thing might have been some of the WSOP Vegas events, but still not quite as aggressive. It proves to be a difficult adjustment to make and requires another level to your poker game! So this year, armed with that knowledge and more experience of playing against such aggro players, I was prepared to have some revenge. lol Unfortunately though, the European players had other ideas!! It was a tough table draw again for me this year, but at least I had position on the most aggressive players! Still even with the 3 most aggro players on my right, I was often hand-cuffed by the 3 and 4 betting before I even got to act! It was an interesting dynamic as I had a few calling stations on my left. I had thought I would be able to take advantage of them but that backfired as well, because strangely enough, every time I put in a raise or re-raise to combat the aggros on my right, the donkeys on my left would cold call!? lol Ever have one of those tourneys were you feel like everyone’s out to get you!? Well this for sure felt like one of those for me! I lost almost 15k in the first 30 minutes of the tournament! I had AA, KK x 2, AKo and AJo all lose on the river. With the majority of the chips going in the hand where I had KK for the second time in 20 minutes and had to fold the river to an all in shove after the 3rd flush card hit! It was brutal, as obliviously had that sick run of starting hands all had gone in my favor, I would have enough chips to coast to bagging up for day 2. Not only that but given how early it was, a good chance to bag up a significant stack for a real shot at going deep on day 2.It wasn’t in the cards for me again this year at Seefeld and history repeated itself when I played all of day one, just to bust out on the VERY LAST hand of the night!! Watching my KQs lose to AQ suited on a queen high flop! BOoooo! Oh well, what can you do right? I will put up some hand histories in the next post and maybe we can figure it out together! And of course winning would have been nice, but poker is always just PART of these trips with Intertops! There are worst places to bust tourneys for sure! Being out of the event meant I was able to head up to the top of the mountains the next day and enjoy everything else Seefeld had to offer! Not to mention we still had a day back in Salzburg waiting for us! Seeing Salzburg again is always a treat. The history of Old Salzburg is so impressive. Seeing a castle at the top of a small mountain from literally right outside your hotel window is pretty bad-ass. Not something you see every day huh? lol The birth place of Mozart and apparently Red Bull lol, you see those two things everywhere you go. Along with buildings built right into (or from?) the mountain, with dates on them showing just how old they are, it’s like stepping back in time. The oldest one I remember seeing was a church with the date 1409 on it?! How cool is that?! Being surrounded by all that really is quite the site to see and a pretty great way to put things in perspective (especially after busting a poker tourney lol).There’s plenty more to write about from this one, between hand histories, views from the top, weird Euro poker chips and TheTrooper97s brutal ski crash! So I’ll get to another blog to fill you all in, but if your too impatient for that (and really wanna see Trooper crash lol) check out all his videos of our trip here! Be sure to give him a like and a follow! And let us know what you would like to read and see more of in the future! Don’t forget to check us out on Twitch for give-aways and upcoming promotions from Intertops. Maybe you can win yourself a seat and come along for the next adventure!Til next timeRun GoodTim 

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