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WSOP Week One Roundup & Still Waiting on Tilt
The WSOP has reported higher player numbers than in last years WSOP events to date … confounding pundits. One the downside players are becoming increasingly impatient waiting for Full Tilt to payout US players … It’s now got beyond a joke
Commentators predicted that Black Friday would have decimated entries to the WSOP this year but so far entries are marginally up on last years numbers although its early in the 6 week series it’s encouraging to see that numbers are certainly not massively down but slightly up.
It will remain to be seen how big the field is for the main event in the absense of alot of the online qualifiers at the biggest poker sites, it may mean a better chance for some a non US player to take the title or it maybe that live poker sees a resurgence … more
Jake Cody Completes the Triple Crown
Jake Cody the 22yr old UK poker player won the WSOP Heads-up Championship joining a select club of players who have completed the triple crown of poker winning a WPT event, a EPT event and a WSOP event. Winning a total of $851,192 Cody has had an incredible run over the last 18 months clearly with a great career ahead of him … more
WSOP 2011 Results so far
Notably Phil Hellmuth failed to win a 12th bracelet when he just came short for 2nd place in 2-7 Draw Lowball event, however considering he was short stacked and a tough final table 2nd was a good result.
Event #2: Heads Up No-Limit Hold’em Championship
128 entries
Winner … Jake Cody … $851,192
WSOP Rematches
#1: 2003 WSOP Main Event: Chris Moneymaker vs. Sammy Farha
Winner … Chris Moneymaker
#2: 1989 WSOP Main Event: Johnny Chan vs. Phil Hellmuth
Winner … Johnny Chan
Event #7: Pot-Limit Hold’em Championship
249 entries
Winner … Amir Lehavot … $573,456
Event #11: Omaha Hi-Low Split-8 or Better Championship
202 entries
Winner … Viacheslav Zhukov … $465,216
Event #16: 2-7 Draw Lowball Championship (No-Limit)
126 entries
Winner … John Juanda … $367,170
Players Losing Faith in Full Tilt Poker
The continuing mis-management of Full Tilt following Black Friday is trying the patience of even the most loyal Full Tilt players. The saga continues to remain unresolved with very little of substance coming out officially from Full Tilt, leaving everyone guessing and alot of players starting to fear the worst.
With rumours that FTdoug on 2+2 isnt FTdoug but has for some time been the PR of Full Tilt has met with more player derision, the realisation that they may have just been played for fools with Full Tilt avoiding any firm commitment to a date for paying US players.
Also rumoured is that the same PR is responsible for the ill considered yet only official press release where they bit back after Phil Ivey’s lawsuit announcement.
The bottomline with all this is Full Tilt should have got their act together by now and from the off they would have done themselves alot of favours if they had been more effective at crisis management and keeping the players informed.
Bill Rini has again offered quite good insight into Full Tilt’s situation particularly in his links here, here and here to some other blogs well worth reading on the subject.
So Will Full Tilt Sink or Swim ?
As I’ve said before while I agree with most of the comments on just how much of a mess Full Tilt seems to be in and how incapable they seem to be at getting out of it and their inability to communicate with players and the media, I do still feel players WILL get their money
however the long things drag on, clearly the more the non US player base will decline as confident dwindles … they needed to act and they needed to act fast … They need to do something like yesterday.
IMHO the first thing they should do is payout all the regular average joe players the NON red tagged pro’s, withhold all rakeback payments until all actual player balances are paid.
The general feeling is that now the players are being held hostage until either a buyer or another investor is found but now the management really does need to be changed – they’ve had their chance to sort things out.
Ultimately I believe whoever buys Full Tilt will have to pay out the $150m owed to players over and above whatever they get the site for but it could still be a good deal for an existing online poker room seeing the value in the player base and the software.
However as things have dragged on I see a strong possibly that a US land based casino looking to cut down on R&D time will buy into Full Tilt and gain what is pretty much one of the best running online poker software systems in the market.
The WSOP brand already has a online poker site open to non US players which they are building up so clearly the US land based casinos want to get a foot in the door.
Think about what a prize Full Tilt could be for a land based casino … The 2nd largest poker room with a currently big existing non US player base, then they just sit it out and wait for regulation in the US …
Wake up Full Tilt management before its too late – Ivey has pushed the agenda which or thrown you under the bus … but for Christ sake wake up and start doing something before the non US players DO desert you in too bigger numbers for you to be a prize worth saving.
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