Strategy with Kristy Podcast: Lex Veldhuis Discusses Pot-Limit Omaha
September 15 2011, Kristy Arnett Related Articles Playing Aces in Pot-Limit Omaha: Part 2 Playing Aces in Pot-Limit Omaha Strategy with Kristy Podcast Part 2 with Tommy Angelo Related Players Share It Tags PokerNews Podcast, PokerNews Strategy, Lex Veldhuis, Omaha Print Lex Veldhuis has always been acclaimed for his no-limit hold’em cash-game skills, but he has recently transitioned to pot-limit Omaha. He’s been putting in thousands upon thousands of hands in an attempt to become highly skilled in a game that is new to him. For this edition of Strategy with Kristy, Veldhuis sits down with Donnie Peters and Kristy Arnett to discuss three cash-game pot-limit Omaha hands he played online. To view the hand history for these hands, check Arnett’s latest PokerNews Blog post. Here is a snippet from the interview in which Veldhuis shares a hand he feels he misplayed [game details and action of the hand is written separately]: Game: $2/$4 pot-limit Omaha Preflop Action: Veldhuis raised to $12 under-the-gun with . Next to act, Villain reraised to $42. Action folded around. Veldhuis four-bet to $132, and Villain called. Before we talk about this hand, I’ve been noticing that I don’t have a four-bet fold range. Anything I four-bet, I’m like, “OK let’s go.” For instance, I’ll have good double-suited kings, aces, or an insane rundown against a guy who three-bets a lot and anytime I four-bet, I pretty much go for the hand. I’ve been trying to put more stuff in my range where I four-bet fold because I’m always really impressed when someone does that. I’m trying to incorporate that into my play, so I figured I’d choose hands with holes in them so that I wouldn’t want to just run it out with them, but that can flop really well. Flop Action: The flop came . Veldhuis bet $100, and Villain called. The flop is pretty perfect for my four-betting range because I “never” four-bet bluff. So I don’t have to bet big on this flop, and also by the way, I have two backdoor flush draws and running gutshots. The most important thing about this is the ace of course. I know that he doesn’t have aces because he’s going to pot preflop. People don’t really three-bet all that much with queens, so I don’t think he has a set. I can bet really small I think, to represent aces because I “want” action. I’m pretty much all-in anyway. I bet $100. I would have actually liked to bet a little smaller, but I think $100 is fine. When he called the flop, I made the mistake of thinking that he’d do that with draws. I thought he might have some gunshot type of hand or something like queen-jack-ten but queen-jack-ten is like the only hand I could see him calling the flop and folding the turn. It’s so wrong to put someone on one specific hand. I think most of the time, he’s just going to have an ace, and on a good turn for him, he’s just going to call. People just don’t call this flop and fold. I went all-in on the turn, which is just horrible. Turn Action: The turn was the . Veldhuis moved all-in for $254, and Villain called with . He called with top two pair, but I don’t think that he would have folded any ace to me in this case. I think the only chance I had was to get him to fold with a small bet on the flop since I was representing a strong range with my four-bet preflop. I should have stopped on the turn because if he did have king-jack-ten, he’s not going to fold anyway. It’s just one of those hands where I had to hope he had a low rundown hand that he’d fold on the flop. This is just one of those hands where I wasn’t thinking about ranges well enough. This isn’t a spot where people peel with like queen-ten-nine-seven to see the turn because they know I’m going to be firing. Want to know what else Veldhuis told Arnett and Peters? You’re going to have to listen to the podcast: Tune in every Thursday for new episodes of Strategy with Kristy and feel free to send in questions, ideas or suggestions for the podcast to kristy@pokernews.com. Also remember, follow us on Twitter for up-to-the-minute news. Follow Kristy Arnett on Twitter @KristyArnett Comments
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Players Jumping Ship
by Carson Cashman | April 21, 2011 Given the recent federal action against US-facing online poker rooms, legitimate non-US poker rooms are starting to make power grabs to scoop up players amidst the fallout. Confidence in the former US-friendly sites is at a new low and non-US players are starting to jump ship in favor of older and more secure places to play poker. Despite the fact that US players are high and dry right now, it’s ironically making it a great time to play for everyone else due to these new lucrative incentives. For instance, PartyPoker recently poured money into a group of new programs for players. Take a look at what they’re doing. Keep Your VIP Status – One huge deterrent for switching poker rooms is losing your hard-earned VIP status. Not a problem, says PartyPoker. A player needs to only register a new account, then send proof of your VIP status from another poker room to vip@palladiumlounge.com. If they earn 1000 points within 15 days they’ll upgrade to VIP status. 100% Sign Up Bonus – PartyPoker is offering a 100% matching sign-up/top off bonus, up to $500. Bonus code: THP500 The Gladiator – This promo rewards players for playing consistently throughout May. Those rewards range from entries into $2500-$25,000 freerolls to straight cash bonuses or even a seat in the 2011 WSOP Main Event. We like this one because it’s all gravy. You get your usual points and then get additional stuff on top for nothing. A player needs only to opt in to reap the rewards. Higher Deposits and Transfers – This move makes sense. PartyPoker is positioning itself to gain a larger share of the deposit pie. I speculate they’re trying to attract the deeper bankrolls by raising transaction limits. Will more money on deposit soften up the games? One can hope. $1 Million Prize Pool Tournament – The Spring Millions tournament will be held at PartyPoker on May 1st. Here’s a look at the Spring Millions qualifying structure. They’re putting up qualifiers starting at $1. Daily WSOP Qualifiers – The WSOP should be very interesting this year. How will the turnout be? Party is giving out a $14,000 WSOP package every single day. Here’s more info on qualifying. These bonuses are positioning PartyPoker to be at the front of the pack when/if regulation comes down in the U.S. The online poker room with the most players in the next few months is the one that Americans will more-likely flock toward. We aren’t going to see any new room pop up that can compete with these promotions. Not to mention that Party is probably the most secure of all of them, in every description of the word. We know, we’ve been in their London office…it’s like the freaking Pentagon. It’s all biometric scanners and metal.
Any company that takes security that seriously is going to grab up the players, because online security is what everyone is concerned about right now. Copyright 2011 Ace Nine, LLC Legal | Contact Us | Site Map
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Full Tilt Poker Acquisition Agreement Signed with Bernard Tapie Group (UPDATED)
September 30 2011, Elaine Chaivarlis Related Articles Department of Justice Releases Update Regarding Full Tilt Poker & Player Funds Alderney Gaming Control Commission Revokes Full Tilt Poker’s License (UPDATED) The Legal Outlook for Full Tilt Poker Featuring Expert Maurice “Mac” VerStandig Share It Tags Print On Friday, Full Tilt Poker announced on PokerStrategy.com that an acquisition agreement was signed with the Bernard Tapie Group. This comes just one day after the Alderney Gambling Control Commission revoked Full Tilt Poker’s license. The announcement was made by Laurent Tapie, managing director of the Bernard Tapie Group. Laurent Tapie is the son of Bernard Tapie, a French businessman and politician. Bernard Tapie is credited with rebuilding a number of bankrupt companies and making them profitable his most famous is Adidas, which he owned from 1990 to 1993. He also owned a cycling team that won the Tour de France twice and a soccer club that won the French Championship five times in a row, as well as the Champions League in 1993. Bernard Tapie’s record isn’t only littered with wins however, in 1993, he was accused of fixing a match between his soccer club and another, for which he served a seven-month prison sentence. Tapie was also convicted of tax fraud and was sued by his banker for repayment of a $240 million loan. Reprinted below is the press release in full: Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition Agreement Dublin, Ireland (September 30, 2011) Laurent Tapie, Managing Director of Groupe Bernard Tapie announced today that the group has signed an exclusive agreement with the Board of Directors of Full Tilt Poker to acquire the company and all of its associated assets. This agreement, which includes the repayment of Full Tilt Pokers world-wide players in full, is subject to several conditions; the first of which is a favorable resolution with the United States Department of Justice. Discussions with the United States Department of Justice will begin immediately. Groupe Bernard Tapie has over 30 years of experience in the salvation of financially distressed businesses, with over 40 companies acquired and managed to profitability, the most well-known being the sport equipment giant, Adidas. Updated 9:45 a.m. PDT: Laurent Tapie granted an exclusive interview with iGaming France to discuss the acquisition of Full Tilt Poker. According to iGaming France, the agreement includes “repayment of Full Tilt Poker’s world-wide players in full, and is subject to several conditions; the first of which is a favorable resolution with the United States Department of Justice.” Tapie didn’t disclose how much money the acquisition would cost his company, but did say he “wouldn’t have undertaken such a project if he didn’t believe in its potential.” He also told iGaming France, “We have shown that we have the funds necessary to repay player debts. We want to find ways where we dont have to put in all the money and will be talking to the US Department of Justice next week.” It seems Tapie believes in the Full Tilt Poker brand and said he would keep it. “The brand is not in question, its a well-known brand and the technology is widely recognized as being possibly the best in the industry. The management of the company is being questioned and it will be changed (should the takeover be concluded). I believe we have the tools necessary to once again make the site one of the leaders in the online poker sector.” According to iGaming France, he hopes to have the site reopened by Jan. 2012. Follow PokerNews on Twitter for up-to-the-minute news. Follow Elaine Chaivarlis on Twitter @LaneyLV Recent Articles Improve Your Game with MyStatistics at Chilipoker PokerNews Weekly: September 30, 2011 The Nightly Turbo: WSOPE Caesars Cup Teams, High Stakes Poker in STL, and More Department of Justice Releases Update Regarding Full Tilt Poker & Player Funds Player Reactions to Last Week’s Full Tilt Poker Allegations Most Popular This Week Department of Justice Issues Warrant In Rem Against Bank Accounts The Nightly Turbo: Online Poker Petition, T.J. Cloutier on Full Tilt Poker, and More The Legal Outlook for Full Tilt Poker Featuring Expert Maurice “Mac” VerStandig The Nightly Turbo: Full Tilt Poker Statement, Sure Bet Poker Signs Trishelle, and More Stay Stacked: The Wrong Grind for Your Grind? Comments
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