Pros Of Being A Professional Poker Player


pros of becoming a professional poker player
Being a professional poker player is a daring as well as exciting decision. If you’re successful at the game and want to quit your day job to become a poker pro, it’s an enticing opportunity. However, be warned: Poker rules are difficult to work, that isn’t for everyone. If you consider taking a risk to become a professional poker player, you should please ensure that it is an educated choice. 
Here are some pros of becoming a professional poker player that might encourage you to take the next step! 
Professionally Pursuing What You Love
One of the most prevalent desires in the world is to do something that you love professionally. For anyone in the poker community saying that there’s profit in this, they’re certainly not doing it only for the money. They love the game and have passion for it. For those who don’t have that, must understand that it is a skill game and requires practice to get better. This is what encourages them to put in the research time required to excel and achieve success through the downtrends.
Self Determination And Versatility
Poker players set their own schedules which is a great thing for any professional in any field of work or sport. To stave off poker exhaustion and keep you going, getting this independence will go a long time away. Also, you’ll only be accessible to yourself. Versatility is something that is quite limited in a number of professions nowadays and there’s nothing quite like poker tournaments when it comes to versatility. That’s not to suggest, of course, that it’ll be straightforward. The assumption is that when you do so, no-one will be blowing down your neck.
Earning Big Money
There is still a lot of profit to be gained by playing online poker if you can achieve a high level of experience. In terms of rake and playing rewards, there have been a few improvements in the market in recent years that have limited online poker’s profitability, but it is still possible to obtain a decent income playing the game. Getting in and getting out of micro stakes is one of the greatest obstacles facing emerging online pros these days. In present-day games, the high rake and low rakeback eat away at the winnings of a micro stakes player, making it difficult for them to achieve a good score overall.
On the other hand, live poker has been and is likely still a highly lucrative enterprise for professional players. The live player average is much lower than the online player estimate. This may be because, in casinos, live poker is practiced and thus encourages individuals who play poker to bargain instead of because they are successful at it. Or it could be because of live poker’s social aspect. It’s a mix of both, perhaps. 
For more interesting articles about poker or poker news, keep reading PokerShots! 

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In First Hint of WSOP 2021 Revival, WSOP Launches “Ultimate Poker Champion” Sweepstakes Promo

In what is thought to be the first sign that Caesars is planning for a live World Series of Poker festival in 2021, the operator has put on a new free-to-enter sweepstakes promotion, the Ultimate Poker Champion Experience.

Running from February 15 through April 30, 2021, the contest offers anyone in the United States a once-in-a-lifetime opportunity to be a part of the WSOP Main Event. One lucky person will not only get their entry into the Main Event paid in full, but they will also be treated to an elite experience during their stay. To enter, all you have to do is fill out the form.

With the coronavirus pandemic still causing mass disruption to live events and travel in the United States and around the world, the WSOP has yet to announce any schedule or plan for this year’s series. There is no information around the main event, for which the promotion is centered around.

The Normal Ramp Up to the WSOP

The WSOP is poker’s biggest event of the year. Tens of thousands of players descend on the Rio All-Suite Hotel & Casino in Las Vegas for more than six weeks of poker. Action culminates in the $10,000 Main Event, the most prestigious tournament in the game. The winner is crowned the year’s champion, poker’s highest accolade.

However, last year, due to the coronavirus, the regular World Series of Poker 2020 was canceled for the first time in its 51-year history.

In its place was an online series held half in the United States—on the official WSOP Nevada and WSOP NJ online poker rooms—and half outside the US on global online poker room GGPoker.

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In the winter, WSOP and GGPoker joined forces again for a hybrid online-live Main Event where players competed in tournaments online, then met for a live final table. The two winners of these met in a special heads-up match in Las Vegas.

Normally by now, organization and marketing are in full flow. Online satellites are underway on official WSOP sites as well as partners internationally. Schedules are revealed, packages are offered and promotions are spread.

However, nothing has yet been revealed for this year—understandable, given how no one knows how the next few months will unfold. That makes this promotion even more intriguing.

Sweepstakes Package Details

The winner of the sweepstakes promotion will win entry into the $10,000 buy-in 2021 WSOP Main Event.

As noted, normally this is a multi-day tournament held live in the Rio; last year, it was mostly online. What it will be this year is unknown. The implication, however, is that Caesars wants to run this live in Las Vegas, given the other parts of the prize package.

The winner and their guest will be flown to Las Vegas from anywhere in the continental United States. Once in the city, they will be treated to a dinner for two at a Celebrity Chef restaurant, a three night stay in a suite at Caesars Palace, a whisky and cigar night at the hotel’s Montecristo Cigar Bar, and $1,000 in spending money.

The total prize package, including all the extra goodies, is worth $14,000.

Prize
Approximate Value (USD)

$10,000 Seat to 2021 WSOP Main Event
$10,000

3-night stay in a Suite at Caesars Palace
$1,000

Round-trip airfare for two (from continental US)
$1,100

$1,000 VISA Gift Card
$1,000

Whisky and cigars at Montecristo Cigar Bar
$400

Dinner for two at Celebrity Chef’s restaurant
$500

Hotel Stay at the Rio, a Hint of the WSOP Finally Moving?

Curiously, the stay is only for a three nights—which would normally not be long enough for a deep run of the WSOP Main Event. Last year, the tournament was spread over two weeks, with three Day 1s and two Day 2s then a Day 3, Day 4, and final table, with breaks gaps in-between.

Also of note, the hotel stay is in Caesars Palace, not the Rio. Whether this suggests an anticipated location move or not remains to be seen. The Rio was sold back in 2019 though Caesars agreed to manage the property for two years.

The 2020 event was scheduled to take place in the Rio, and the live Main event did go ahead in its convention center. However, no announcement has been made for the 2021 series—and with Caesars potentially coming to the end of its management contract, this could well be the first indication that WSOP plans to move it to another Caesars location in Las Vegas.

How to Enter the WSOP Ultimate Poker Champion Sweepstakes Promo

If you are a United States resident, just fill out this form. That’s it! You can read below for more details.

The contest is open to anyone over 21 years of age, with the exception of employees and family of Caesars Interactive Entertainment, Inc or Caesars Entertainment Services, LLC. The offer is only valid in the continental United States and void where prohibited.

Entries are open until midnight on April 30, 2021 and the winner will be randomly chosen on May 6, 2021 from all the entries received prior to the closing date.

In the event that the winner does not meet eligibility requirements, up to 5 alternate draws will be made to choose a winner. If no eligible winner is selected after the maximum 5 alternate draws, the prize will remain unawarded.

Prizes are non-transferable, and not subject to change except at the discretion of the contest Administrator. The Administrator reserves the right to substitute a prize of equal or greater value if the above prizes are not available for any reason, and winners are responsible for all taxes and fees which may be associated with receiving or using the prize. There is no cash equivalent for this prize.

The dates for the prize will be set once the Main Event is scheduled, but the trip must be taken before December 31, 2021. This gives the organizers a wide window to schedule the WSOP 2021 Main Event—whatever form it takes.

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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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Adjusting to world-class players

This is my table from a recent $25,000 buy-in event.
Poker tournaments are interesting, especially compared to cash games, because the skill level of your opponents can vary wildly. While there will be winners and losers in a $1/$2 cash game, most of the players simply do not play too well because if they did, they would be playing for higher stakes. In tournaments, especially in major events where many players satellite in, you could be playing with a total amateur who got lucky to win his seat for a small amount of money or a high stakes professional who travels the world and buys in directly to all of the premier events. In fact, when you are playing the “smaller” main events, such as typical $3,500 WPT or $1,500 WSOP events, those could be considered “small stakes” to some of the pros who play $10,000 buy-in and larger events on a regular basis.
This creates an interesting dynamic because you should employ a drastically different strategy when playing against the total amateur compared to the pro. Since most of what I discuss is based on blatantly exploiting my opponent, I thought it would be helpful to use this blog post to share my thoughts about how to play against someone you cannot blatantly exploit. I do not mean for this blog post to be a comprehensive guide for beating world-class players. I simply want to let you know a few of the adjustments I make while playing against world-class competition that you can quickly and easily integrate into your strategy, allowing you to be competitive.
Where does the profit come from?
I have recently been playing primarily $5,000 and larger buy-in events because I have been making a point to travel to the European Poker Tour stops. It simply does not make sense to spend a bunch of time and money for me to travel to a $3,500 buy-in event in America. Because of this, I have been playing in more high stakes tournaments where very few players satellite in, such as the typical high roller events in the EPTs. This has given me the opportunity to hone my skills against some of the best players in the world when there are not many weak players at the table.
I want to make it perfectly clear that when you are at the table with one or two world-class pros and a bunch of amateurs, you should generally make a point to play very few pots with the pros and lots of pots with the amateurs. You make money in poker by taking advantage of your opponents’ mistakes. If your opponents do not make many mistakes, you will not make much money. Since amateurs make many more mistakes than professionals, you want to play most of your pots with the amateurs. That being said, you should not play like a super nit versus the pros. Simply play a fundamentally sound strategy that makes it difficult for you to get exploited.
I made this 1,000,000 chip stack in a $5,000 buy-in event!
When you are playing at a table full of pros and only one or two amateurs, you simply must get involved with the other pros because if you don’t, you will eventually blind off. In general, there is nothing wrong with playing a relatively tight, aggressive style where you pick your bluff spots intelligently. I think one of the major mistakes amateurs make when playing against pros is that they rarely bluff. When they do, it is often so obvious that the pros can make somewhat easy calls with a wide range. If you only apply pressure when you have a premium hand, you will blind off because the pros will not give you action.
Changing gears
If you happen to be implementing a tight strategy and you have not played many hands in the recent past, do not be afraid to get a bit out of line, especially by reraising before the flop and then continuation betting the flop for about the same amount as your preflop reraise. While this play is quite simple, it is super-effective if you have a tight image. Always be aware of your image and use it to your advantage.
If you happen to be at a table where everyone is playing a tight, aggressive strategy, if you realize they are playing too tightly, especially when the stacks are around 30 – 50 big blinds deep, an effective play is to raise when the action folds to you, even from early position, with an overly wide range. If your opponents will only call or reraise with premium hands, you will find that you will often steal the blinds or win the pot after the flop frequently enough to justify a steal attempt. Of course, once your opponents realize you are raising with a wide range, assuming they become willing to play back at you, you should revert to a tight, aggressive strategy. Old school players refer to this as “changing gears”. I call it “playing intelligently”.
Stealing the blinds
Speaking of preflop stealing, you will notice that in high stakes tournaments the “standard” raise size is venturing higher. In the past, people folded from the big blind way too often so strong players started min-raising preflop in order to be able to steal the blinds with a wider range with less risk. This play was quite effective for a few years, but eventually the best players figured out that they should be defending their big blind with a wide range. If you can put in one more big blind before the flop and perhaps two more big blinds on the flop and see a showdown, which is often against the case against someone who raises with a wide range, continuation bets with a wide range, then plays straightforwardly on the turn and river, you should call the preflop min-raise with almost any two cards.
To counteract this adjustment by the best players, you have two options. You can either fire more turn and river bluffs, which gets quite risky, or you can raise larger before the flop. The problem with firing more turn and river bluffs is that your strong opponents will figure this out and start calling down with a wider range. It should be clear that very few good players check-raise the flop when they defend the blind because they want to keep their check-calling range strong so that you cannot happily fire three bluffs. While amateurs make the mistake of effectively turning their hand face-up by check-raising, pros will keep you guessing. Of course, if your opponent will call the flop with his marginal hands that he will fold by the river when faced with intense aggression, you should happily fire lots of bluffs. However, if your opponent may or may not call you down because they do not turn their hand face-up when they have premium hands, bluffing becomes much less palatable.
Instead, you can simply raise a bit larger before the flop. With deep stacks of 50 big blinds or more, it is quite common to see the best players raising to 3 big blinds before the flop. As the stacks start to shrink, their bet sizes start to decrease, but not too much. With 35 big blind stacks, they will still raise to around 2.7 big blinds or so.
I have been experimenting with raising to 2 big blinds when a weak player is in the big blind and 2.7 – 3 big blinds when a strong player is in the big blind. I have been making this play with my entire range so I am not easily exploitable. It has been quite effective so far because it allows me to play more pots with amateurs and fewer pots with the pros.
River betting
One other adjustment I want to discuss is how to bet on the river versus an amateur compared to a pro. Against an amateur, I will often bet an amount that I think will induce the result I want. For example, if I think my opponent is a mediocre player who will assume a small bet is for value, I will bet small as a bluff. If I think my opponent will always call a small bet with a wide range because of his pot odds, I will bet small with my value hands and large with my bluffs. This strategy does not work too well against pros because you will often not be able to out-think them.
Instead, you should choose bet sizes based on the percentage of the time that you will be bluffing versus value betting with your entire range. For example, if you know that in a specific river spot you will have 20% bluffs and 80% value bets (this assumes that your value hands win every time when you get called), you should make a bet that gives your opponent 4:1 pot odds, which would be 33% of the size of the pot, because that way, he cannot make a profit by either calling or folding. You will often see pros overbetting the pot, perhaps betting two times the size of the pot, giving their opponent 3:2, when they have around 40% bluffs in their range.
Of course, this assumes you know how to think about your actual range in a spot. Most amateurs are much too concerned with their own hand. Against pros, you must realize that you are playing your range against their range, not your hand against their hand.  Unfortunately, poker is not quite this simple because you rarely know if you are purely value betting or bluffing.  As long as you are at least thinking about ranges, you will be able to tailor your bet sizes to specific situations when playing against strong pros instead of simply betting some fixed percent of the pot every time.
That being said, if you do want to bet the same percent of the pot every time, the proper adjustment is to set up your range such that you have the correct proportion of bluffs compared to value bets. For example, if you always want to bet 64% of the size of the pot on the river, you should have 28% bluffs in your range. If you can figure out how to construct your range such that you have exactly 28% bluffs every time, this will work, but you will find that it is often easier to figure out what percentage of your range is bluffs and then adjust your bet size accordingly.
As a quick example, let’s suppose you find yourself on the river after you raised preflop from middle position and the Big Blind, a world-class pro, called. You then bet on both the flop and turn on an Ah-7h-5s-3s board and your opponent called. The river is the (Ah-7h-5s-3s)-Kd.
You certainly want to value bet with your best hands, so you must also figure out which hands to bluff with in order to remain balanced. Perhaps you know that your value betting range is all hands A-Q and better. Let’s also assume that you can’t have K-K because you probably would not have bet the turn with that. You also cannot have A-7o, A-5o, and A-3o because you would not have raised with those from middle position. This leaves you with a value range of this:

Notice that this is 68 combinations of hands. Let’s assume that you want to bluff with all of your busted flush draws. There are 14 combinations of busted flush draws that you could conceivably have. I am going to assume that you will bet with the busted K high flush draws that improved to middle pair as a bluff, which may or may not be a good play.

Since you have a total of 82 total combinations of hands (68 value hands and 14 bluffs) you should bet an amount that gives your opponent 68:14 pot odds, which would be 26% of the size of the pot. Of course, if you want to bet larger, you have to find more hands to bluff with. If you want to bet smaller, you should bluff with fewer of your missed flush draws (the ones with a pair of K’s in this example) or add in a wider range of value hands, assuming your opponent will call with worse made hands.
It is worth reiterating that real-world play is not this simple because you will occasionally value bet and get called by a better hand. You will also rarely know every aspect of your opponent’s strategy. The main takeaway should be that it is important to get out of the habit of blindly betting some percentage of the size of the pot on any betting round simply because that is what you think you are supposed to do. Always make a point to figure out why you make each of your actions.
While this strategy works well against the best pros, it is not a good idea against players who will simply never get to the river with a made hand worse than an A. While the best pros are thinking in terms of range versus range, the vast majority of players, most pros included, simply look at their hand and see if it is near the top of their range and then act accordingly. In the hand above, suppose you know that your opponent would almost always check-raise the flop with a flush draw, meaning that once he gets to the river, he has only top pair. If you know he will never fold his top pair to any reasonable bet, you should bet an amount that your opponent will call when you have a hand that is better than his calling range, which will most likely be around A-T or better. If instead you know that he will call up to a 60% pot bet but fold to larger bet sizes, bet 61% with your bluffs and 60% with your value hands. Of course, this again assumes we know a decent amount about our opponent, which enables us to play in an exploitative manner.
I hope this blog post has enlightened you a bit about how world-class pros play against each other. The deeper you think about poker, the better decisions you will make. To get started with this process, always make a point to think about your opponent’s range, your actual range, and what your opponent thinks about your range.
If you enjoyed this blog post, please share it with your friends! Also be sure to follow me at twitch.tv/jonathanlittle to watch me play live in real time for free. You can sign up for my PokerStars Home Game using #1976954 and Password: playpoker. My PokerStars Home Game will be on Tuesday, February 10, 2015 at 5pm EST. The Home Game is not for real money, but I will give away prizes. That way, everyone can play (even Americans!) I will stream the tournament on Twitch so everyone can watch. I hope you will join me on the live stream at twitch.tv/jonathanlittle. Thank you for reading.
 

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Sports gambling continues to be a huge success in Indiana


Hoosiers love their basketball. Ask anyone in Indiana and they’ll tell you that basketball isn’t just a sport; it’s a religion. The Indiana University Hoosiers’ basketball program has always been one of the best in the U.S. and the NCAA Hall of Champions is located in Indianapolis as a testament to the state’s attraction to basketball. On the NBA level, the Indiana Pacers have a massive following across the state, and all the attention given to hoops is paying off in a big way. Indiana continues to set new records with its sports gambling market, most of which is coming from basketball.In February of last year, the Indiana Gaming Commission (IGC) reported a handle of $187 million, a 10% increase from January. That wasn’t surprising, given the NFL Super Bowl action; however, assuming the money went to football would be wrong. The Big Game received $11.6 million in bets, while college and pro basketball accounted for over $90 million. Indiana continued to raise the bar on the sports gambling industry when the state’s sportsbooks recorded $251.4 million in November of last year, a $20-million increase over the prior month’s action. Much of that was destined for football as the NFL and college games were heating up, but, if there was any doubt of the importance of basketball in Indiana, the most recent numbers will push all of it aside. The IGC just released the latest figures on sports gambling and January was another record-setting month, the fifth consecutive month of breaking records. $348.2 million was wagered in the state last month, an increase of 11.2% over December and more than 100% over January 2020. Of that amount, $133.2 million went to hoops, making it the most money ever spent on one sport in the state. Football only got $77.6 million of the action. That’s not only good news for sportsbooks operating in the state, but it’s good news for the state’s budget, as well. With a tax of 9.5%, January gave Indiana’s government almost $2.8 million in tax revenue and, over the past 12 months, the state has received over $20 million. That’s not too bad for a local industry that has only been around since September 2019. Indiana can thank its neighbors for some of its additional wealth. Kentucky and Ohio don’t yet have sports gambling, although legislation is in the works, so gamblers in both of the states often hop over the border to place their bets. Illinois has a robust sports gambling market and is ranked fourth in terms of handle among legal states, but it doesn’t allow gambling on in-state college games. As a result, it loses some of the potential action it could be receiving and which might allow it to brag as being first or second in the sports gambling rankings. 

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Fine tuning for Winter Poker Open!


So like all poker player, I’ve been stuck re-living all the hands from the last time I played, both good and bad…ok mostly the bad.It’s a mental beating we all give ourselves, especially those of us that are extremely passionate about the game. It’s a blessing and curse! It’s a huge help in realizing the faults in our own games, and moving us towards getting better, but there in lies the problem, Admitting our faults! Who likes to do that, certainly not me lol It’s a tricky thing, using past mistake to improve, particularly in poker. There’s a clear advantage in using these previous blunders to keep improving your game, but if we aren’t careful, it can quickly become a huge disadvantage. The downside is that we poker players have a tendency to obsess over hands waayy too much, usually causing much more harm than good. I know I’m ridiculous about this myself, always my own harshest critic, completely destroying myself mentally after losing session or big bust outs in tourneys. I have to constantly remind myself that it’s just part of the game and it happens to the best of us. Whether its variance or just poor decisions, it’s all par for the course. Regardless of what anyone tells you, no one plays perfect all the time and nobody dodges the math forever lol. So we do our best to keep our sanity(and our bankrolls), by reviewing our mishaps, learning from them and moving “on to the next one”. That being said here’s a few quick recaps of some hands played in the last few months. I hope I they provide you with some entertainment and insight,but mostly I hope that they force me to make sure I listen to everything I just told you guys! lolThis is a nice punt I made in a smaller WSOPc event at The Bike in LA his past December. LOL I have a 32k stack and we are at 300/600 blinds with 100 ante. The under the gun, very active player opens to 1300. He gets 2 pretty loose active callers. I have Q9d in cutoff and decide to call as well.(meh lol) Small blind then raises to 6k! Oops. He’s pretty predicatable though and think I have a good read on his game. It folds back to me, I see $12600 in the pot and need to call 4700 for a shot at winning what’s already a $17300 pot!! I call. Q,10,7 rainbow flop. He instantly leads 10k. Just grabs and spIashes it in!? I just thought he looked weak and had about 26k left. So I ship, and he snaps me off with AQ. Oops again lol Not my proudest moment lolThis ones from the kickoff event, 200k GTD, of the WSOPc Choctaw. Ran pretty bad this whole weekend lol These hands happened back to back. In limped pot, 3 of us see a K,10,3 rainbow flop. I have k9 off in BB. I bet 500 into a 900 pot, wild older guy calls, other folds. I bet 1000 on 9h turn. He snap calls. I check a 10h river, and he snaps 3000 into the middle. I puke lol then Fold…next hand, the Blinds are 150/300 and I now have only 5400. I open from UTG to 800. The fun donkey, older guy on my left calls. Pretty nitty younger guy on his left calls too. Flop comes Qd,8d,5s. I try to hide my excitement cause I know the old guy can’t wait to bet! So I check, he doesn’t dissappoint and snaps a 1k chip out. Then to my surprise the younger guy thinks for a minute then makes it 3500?! Shit! Lol I think I’m probably toast but I think he’s capable of having the same read on this guy as I do. So I think he either can be making a move or doing this with a draw?! Plus I have a huge hand and not enough chips to fold anyway lol so I go all in, old guy folds, and of course the kid calls. Shows me KK and board runs out good for him. Cool story lol Ouch, REBUY! LolHere’s one from the WSOPc Choctaw 1 million GTD main event! We are at 300/600 with 100 ante and I have about 50k. The player in the LoJak bet 700 for the last 3 or 4 hands and was super active all day. He does it again and gets 1 caller. I call in SB with K10 off.(boooooo). The BB folds. The Flop is 7h,Qc,Jc. I had planned on check raising him if he bet, but it checks through. Turns comes Kc! Yikes! I check, and original raiser bets the pot!? About 3600. Other caller folds. I was pretty confused by his large bet size on such a scary card, but overall I thought it looked weak, so I call. Turn is Js! More yikes! Another scary card. I decide to check. He tanks for about a minute, then bets pot again! Just under 11k! This was the last hand before a break and I tanked a good 2-3 minutes into the break before I made a hero call. I was confused by his large bets on both streets and thought it looked so polarized on that crazy board. He shows QQ for a full house on the river. I still don’t understand his flop check or his hide turn bet when such a bad card peels off, but what can you do. LolHopefully I can learn from these tough lesson so soon! Intertops, along with TheTrooper79 and I, are heading back to Austria! It’s business as usual for Intertops, sending players to exotic locations for exciting tourney action! With player Douglas Klein coming for a poker trip of a life-time, after winning a satellite with us online worth $4000! Check out his whole story here at Live-Dream-Poker! For me it’s a chance to redeem myself from last years performance and take it to those Uber aggressive Europeans! lol As for The Trooper, he’ll be there to kept tabs on is and take you on all his crazy adventures, poker and travel wise. We leave in a few days, but be sure not to miss the Sunday action on Intertops still! Play in tomorrow’s all new schedule of action packed six max tourneys, as well as our 1k and 5k guarantees! Hope to see you there!RUN good!Tim

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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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Universal Entertainment in the market for a SPAC for Okada Manila


Almost three years ago, Universal Entertainment Group had a dream. It wanted to see Okada Manila, owned by subsidiary Tiger Resort, Leisure and Entertainment, listed on a stock exchange somewhere. Things didn’t go as planned initially, but it’s time for the pieces to be put in place, and Universal is going to make another run. This time, it wants help from a special acquisition company (SPAC) in the U.S. so it can fulfill its dream. Given the rise in popularity of SPACs in the gaming industry lately, Universal probably won’t have too much difficulty finding a partner, as long as its sordid past can be kept behind it.Universal wants a SPAC, also often called a blank-check company, willing to take a chance on helping Okada Manila become a publicly-traded company in the U.S. It hopes to land a spot on either the NASDAQ or the NYSE, and will take whatever it can get. The resort’s continued cost-saving efforts to combat COVID-19 have reportedly paid off, and Universal is convinced that the timing is perfect for a public launch. In a letter sent to investors last week about the search for a SPAC, Universal asserted, “In view of this situation, [and] having positioned its IR Business as the core business of the Company Group, the Company recently arrived at the decision to pursue a detailed examination of the listing of that business on either the U.S. NASDAQ Stock Exchange or the New York Stock Exchange with the aim of realizing the further expansion of that business and greater corporate group value.”2020 saw a lot of interest being given to SPAC deals, and that was just the beginning. 244 blank check companies connected with entities looking for a way to go public, ultimately attracting $78.2 billion through initial public offerings (IPO). However, 2021 is on par to see even greater activity, with 134 SPACs having attracted $39 billion from the start of the year until last Friday.Universal is reportedly already working on deals to finalize the value of Okada Manila and attract more interest. It added, “The Company has already executed advisory agreements with multiple financial advisory firms in Japan and the U.S. in order to prepare for the listing of its IR Business … and is currently engaged in the selection of a SPAC, the investigation of aspects involving the law and tax systems, the revision of the capital structure of the Company Group as a whole, with the aim of listing the business sometime in fiscal 2021.”

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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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