The regulatory body, Nevada Gaming Commission (NGC), has kicked out Archie Karas from the community of professional gamblers! Karas, who is 64yrs old, has been gambling since 1992 but cannot now partake of poker and other gambling activities within casinos in the state of Nevada.
Fancy stories can be told by players of poker and other gamblers, but if the story of rags to riches be told around the gambling tables, the name of Archie Karas cannot miss to come up. The full name of this legendary gambler is Anargyros Karabourniotis. In the betting world, and that includes online gambling, stakes can be as low as a dollar and can be as high as an amount that can bring a person’s business empire down. Hence, in 1992, this Greek born optimist plunged into the gambling scene with little earnings from waiting tables, since there was nothing in the US poker laws to stop a foreigner from gambling. He played pool and later poker with zest. He had the tendency to have a long winning streak followed by a period of losses but that did not keep him from playing as long as the state poker law allowed.
It was after such a streak of losses and with just $50 to his name that Karas proceeded to Las Vegas to continue his poker playing. Las Vegas is renowned worldwide for its gambling culture and Karas fitted in exemplary well. From the boy who had left home bare handed at the tender age of fifteen, Karas grew his wealth within no time, amassing a staggering figure of $40 million from gambling by1994.
Big Fish Beaten By Karas in His Hey Days
David Edward Reese
This heavy gambler who went by the nickname, Chip Reese, even had three bracelets from winning the World Series of Poker before passing on in 2007. Still, Archie beat him in poker hands down.
Doyle Brunson
Doyle, who is now over 80yrs old and has been inducted into the Poker Hall of Fame, has two bracelets from winning the World Series of Poker. Yet with decades of experience, he was felled by the ferocious poker player, Archie Karas.
Johnny Chan
This professional poker player, who must have gotten his nickname, Orient Express, from his marathon wins, holds ten bracelets from winning the World Series of Poker. Yet he happened to have fallen victim to Archie’s single-mindedness in poker. However, unlike others, Chan had his turn to retaliate.
Interesting Side of Archie Karas
First of all, although nobody can speak of the Nevada state laws and US poker laws in general without thinking of Archie because of his many cheating controversies, it is also interesting to note that despite being feared around the poker tables, Anargyros Karabourniotis neither has bracelets nor titles from poker winnings. His attitude may also interest upcoming gamblers who may soon realize that state laws cannot protect you from losing your life savings in a sitting. Karas has been quoted as expressing his stand that he does not attach too much value to money and so he is not emotionally affected when he loses big on the poker tables. In short, he has psyched himself to the fact that in poker, the winnings can disappear as fast as they came.
What next for Archie Karas?
It will be interesting to see if Archie will try and continue his casino adventures in other states where state poker law is accommodating or whether he is going to call it quits and rejoin his family in Greece. However, considering the many run-ins he has had with the law and also the financial turmoil his country is undergoing, the next step for Archie cannot be obvious.
Yes you are not dwelling in the land of rumors; it’s true that significant changes have been done in the world of Online Gambling. iGaming is developing its roots vastly, People are sending greatly on online gambling, moreover it has been witnessed that each year the bar rises, it never fell down.
Well, it calls for a big chance!
Online poker rooms are high in demand, Online gambling lovers you must have played online poker in the world’s famous poker room “Poker Star” but do you know that it makes $1 billion from it? There is a list of small companies, striving to get successful in Online Gambling world but the real point is “Innovation”. Poker star takes the competitive advantage over all of them and yes its innovative approach can’t be ignored.
If innovation is the real key, then can you think of new possible ones in the world of iGaming?
Online Casinos are on the go!
Thanks to the Goddess of Internet, now you can easily access any online casino just in no time and the credit goes to the internet speed. Connectivity issues are often faced by the online gambling lovers but now the super enthralling broadband speed has made it possible for them to join the live streaming.
Now you can access the perfect Live HD streaming, one big thing you are missing on! Now entrancing renowned casinos are offering “Live casino”. For an online gambler what else can be better than accessing the live HD streaming and enjoying the game in famous casinos? Nothing else can be.
Right now there are about 30 casinos that have marked their presence all over the globe.
E-sport is a new big thing
Day by day people are getting addicted to e-sports, previously all used to see e-sports as nothing but the casual past time. Now things are changing, e-sports has taken itself to the new ravishing level, It is no more a casual past time now.
Wherever there is potential there is a chance of wagering. Many online sport-books likewise Pinnacle sports are offering wagerers a chance to take the e-sports as a serious thing, now they can place bets on their favorite e-sport stars.
Software based casinos
Visualize playing your favorite games in 3D environment, just imagine playing roulette. Fiction or non-fiction? You might be thinking that it is all fiction! No, you are wrong, of course it is possible now.
Undoubtedly Roulette is one of the renowned and most played games of casino. Whether roulette is played online or either played live. It has a beauty inside it, which appeals the players. Most importantly it is not a complex game at all; it is such an easy understandable game. At roulette you don’t require any such strategy; moreover the house edge is low.
All eyes on Holo lens! Online gambling world is going to witness the exciting things in near future. The hand behind this amazing invention is Microsoft. Holo lens is basically transparent like 3D glasses, what actual appears is the holographic projection but you see the augmented thing.
A future notion is that Virtual casinos are going to take hype.
Bottom line
Future will tell the best what it has to offer but before that, the current scenario is telling that the live casinos are becoming too mainstream; people needs are changing so with it there is a demand for something new. Most probably in days to come the whole thing will get change and the Virtual gambling world will become the new trend.
Did you know that the very first casino to operate as a stand-alone in Pennsylvania was licensed in 2006? That applies to the licensing of real money poker. And with that progress on the poker gaming front came anxiety on the part of gaming commissions within the states of New Jersey as well as Delaware. Poker proceeded to become a serious pastime with twelve brick and mortar casinos opening within Keystone state park. Here, even betting places for real cash poker proceeded to open doors to the public.
Does that mean poker playing is as legal as any other business in Pennsylvania?
Poker playing within brick and mortar venues – the state poker law allows. Online poker playing – Pennsylvania is yet to permit that. Of course, it does not mean that residents of Pennsylvania do not play poker online. Many do engage in online poker on famous sites hosted elsewhere, where they often play games such as Texas Hold’em poker. Right now, the Pennsylvania gaming community remains hopeful that legislators pushing for legalizing of online poker will soon succeed. And the anticipation is greatest within the gaming community in Keystone state park where people are relatively liberal in their way of thinking. In fact, many here are already engaged in online gambling.
How serious have attempts been to legalize online poker within Pennsylvania?
Well, first of all, there was the online poker bill that was presented by Tina Pickett who was chair to the House Committee on Gaming Oversight. That happened in April of 2014. The gaming community was very hopeful that the bill would go through, but Tina herself had her reservations on the bill being passed before its expiry time which was end of that year. She was, however, determined to resume pushing for this long awaited poker law in 2015.
2015 is here – how is the state poker law in Pennsylvania now?
On the legal front, online poker in Pennsylvania is in a state of wait-and-see. Nobody seems to know how quickly online poker will be legalized or if online gambling will be legalized at all. The only significant development that brings a glimmer of hope is the success the state of New Jersey has had with the online poker market once they legalized the online gaming. New Jersey being in the neighbourhood of Pennsylvania, there is likelihood that Pennsylvania may wish to borrow a leaf and make online poker legal.
Any signs legislators are considering legalizing online gambling?
Well, even before the effort shown by Tina Pickett, there was some study that legislators had commissioned towards end of 2013, and that was meant to reveal the state of gambling and betting within the state of Pennsylvania. The firm bestowed the onus was Econsult Solutions. That makes it clear that there is still a good number of lawmakers who hold the opinion that online gambling would be good for the local economy.
Is there hope of the state online poker law being passed soon?
Actually, if legislators think that legalizing online poker will bolster the economy, they are likely to support the passing of its bill overwhelmingly. And going by the report by Econsult, the situation is encouraging. Econsult found that online poker was capable of bringing the state of Pennsylvania a whopping $300 million in annual gross revenues from activities related to poker gaming. If this forecast were to come true, then it means that Pennsylvania would be ahead of its neighbor, New Jersey in revenue gains from online poker. In general, whereas Pennsylvania is yet to put its state online poker law in place, a lot that is happening gives indication that legislation is, very likely, just around the corner.
The attack this September was by no means an attempt unseen before. Last December, 2014, Poker News reported a similar attack on the website that offers online poker to serious players. That incident saw the site cancel a major online poker tournament that had massive amounts of money at stake.
Any idea how that kind of cyber attack manifests?
Well, the culprits enter the site and begin making requests just like any other interested poker player. Any problem with that…? Nothing really – there is no problem at least at face value. However, their requests are not genuine. And they are massive in number! In essence, the online poker site experiences:
Uncountable communication requests solely intended to flood the site machines
Great overwhelm on the site with heavy communication traffic
Inability to handle genuine and legitimate gaming requests
In fact, the attack of December 2014, and now the one of last Sunday, caused serious problems during the respective poker tournaments when:
Gaming tables froze
The freezing of the gaming tables led to players unfairly timing out
That experience was, without question, frustrating to genuine players of poker.
Is WPN giving up on hosting poker tournaments following the attacks?
Well, in some pastoral communities where herders drive heads of cattle to streams to quench their thirst, they have a saying that cows do not cease to drink from the streams just because the waters are infested with croaking and gaping frogs. It seems that is the same attitude WPN has taken. After terminating the tournament worth a million dollars in December 2014, they decided there is no more room for panic.
Therefore on 13th September when signs of a similar attack surfaced at a time when another million dollar tournament was underway, WPN had its guard up. It did not let the attack ruinthe online poker tournament. This particular attack, just like the one of 2014, came as Distributed Denial of Service (DDoS) – only this time it did not culminate in termination of the poker tournament.
So how did WPN handle the attack on its online poker site?
Well, granted the tournament had five minutes of pause, but that was it. WPN considered the nature of the attack where they observed that beyond the massive non-genuine requests flowing in there were messages of extortion as well. Poker News has it that the bullies thought they would get a quick buck by demanding bit coins as the price for stopping their invasion of WPN. Of course, being aware that the prize for the tournament winner was pegged at $200,000, the cyber bullies would have stretched their figure pretty high. But boldly and decisively, Phil Nagy, the CEO of WPN stood his ground and did not concede to the bullies whom he equated to terrorists.
So, how did the September 13th 2015 online poker tournament go?
Great, everything considered! After halting the poker for about five minutes, gaming resumed with WPN’s technical staff on full alert. They monitored every activity ready to protect the genuine competitors. And though there may have been some sparse pauses, the whole online poker tournament was generally a success.
Does that mean that WPN was in no way affected financially?
Well, there was a little shake-up. The attack on the poker hosting site had an adverse effect on target earnings. Whereas the prize pool WPN was targeting was $1 million dollars, this online poker site only managed to raise $775,500. The overlay, therefore, came to $224,500. This is because only 1,549 players managed to participate in the poker tournament following the serious connectivity issues that emerged.
It is good news for the residents of Los Angeles this week as Card Player tour makes its way back to the vibrant city. Ideally, on the 21st of September, that is Monday next week, the Card Player Tour is expected to make back to back stops at the Hollywood Park Casino and the Bicycle Casino. Among the many trending Poker News of the weekend, this one seems to have caught the eye of many gamblers and especially those ones who love soccer.
It is important to mention that one year has passed since this Card Player Poker Tour last awarded more than 2.3 million US dollars to poker players all over Los Angeles and this time round it is coming back big and sweet. For this year, the full action begins on the 21st of September whereby the first tournament of the year 2015 will, commonly known as CPPT Los Angeles swing will be getting underway. The main event will be hosted at the Bicycle Casino on this coming Monday.
After commencement on the 21st of September 2015, it is expected that action will still go on until the 25th of October when the whole tour will wrap up at the Hollywood Park Casino. It is expected that this one month will be full of fun and glamour especially for those who love poker, gambling, online gambling and any other sort of gaming that incorporates monies in the winning form. Therefore, it is great Poker News for this category of people at a time like now.
In the previous time that the tour was hosted in Los Angeles, more than $750000 was awarded in the main event alone. Since the poker card player tour always craves to come up with something special for every other occasion, it is expected that there will be an awesome experience in the event this September 2015. So, for all poker lovers in the United States willing to experience a month long tour with limitless poker experiences, this is the best option for such people.
It is however vital to clarify the main events that will come up during the poker card player tour swing in Los Angeles in the coming days. The bicycle series will comprise of 19 tournaments that will include a six-day $235 non limited hold’em $200000 guarantee coupled with a seven day $235 no limit hold’em $300000 guarantee. The schedule for the bicycle series also features no limit hold’em deepstack and a range of bounty tournaments and non-hold’em events that will include Omaha eight or better and H.O.R.S.E.
Notably, the marquee event of the poker card player poker tour is Los Angeles is the $1100 no-limit hold’em $500000 estimated guarantee main event that will use the Bike’s own Quantum Reload Concept.
In this regard, all the players will have the option to buy in directly to $1100 on any of the three starting days but those who might want to skip day 1 can also buy directly into day 2 for $4300. Moreover, the players that opt to choose the latter option will start with 60 big blinds at 1000 to 2000. It is important to note that there will be no late entry on day 2 but anyway, the players who are eliminated on day 1 can also re-enter the following day to try their luck in the game of chance.
Again, each of the main event’s three days will be beginning at 12pm. Notably, the final day will start at 2pm and then the final table will be streamed live at the Bike. Hosting its second of such an event, the Hollywood Park Casino is expected to be a beehive of activity from next week on wards. Those who love the casino and the experience it offers, this is the type of Poker News that cannot just be taken lightly.
This week, RunGood Poker Series will be the main focus for many poker or gambling lovers. It is the latest poker news that is trending by a large margin. The event will be hosted by Hard Rock Tulsa and there is lots of entertainment available. For any fun-loving person out there who knows a thing or two about gambling, this is most definitely the event to be at this week beginning Wednesday.
Notably, the RunGood Poker Series this time round will be hosting $675 buy-in, $100,000 Main Event at Hard Rock Tulsa over the weekend. More details will be provided in due course considering that the penultimate stage of the poker series will be during the weekend. That being the case, those who are interested will be able to get updates from the officials at RunGood and also at the venue – Hard Rock Tulsa so that they can make the right choices.
Ideally, the RunGood Poker Series will start on Wednesday, 16th of September with a 180 USD Deep Stack event that will be a $20000 guarantee and two starting flights in that same regard. On day two of the event, which is Thursday will play out alongside a $230 RunGood PLO re-buy tournament coupled with a 20-seat guarantee at 7pm in the evening.
Subsequently, on Friday, the 18th of September at around 7 pm, the $675 RunGood Tulsa Re-entry Main Event will start with there being a day 1a. The same tournament will offer days 1 b and 1 c in that line as well. Later on, on September 19th at 12 noon, 7pm, the other main events will be commenced in essence. The competition will be well managed in an effective manner so as to make sure that all parties get exactly what they deserve at the end of the process. So, what happens to the winners in the end? Well, the final nine in the same event will be awarded with RunGood Championship packages. However, there are many other prizes that are up for grabs during those days.
Poker Big Names Will Be Present
With regards to those who are taking part, there are some household names that would be in attendance. These are the sort of people who make the headlines in most poker news. Basically, among those who are expected to take part are Daniel Lowery, Jordan Morgan, and Samantha Abernathy, Clint Tolbert, Ross Bybee, Dan Martin, Ben Reason, Justin Gardenhire and the latest RunGood pro known as Ray Henson. With these sorts of names in this list, no one would want to miss a part of the event.
All these are contestants who are in the running for the RunGood Cup. Even the organizers of the event know that the results are too close to call. The trophy is already at Hard Rock Tulsa waiting for its winner at the penultimate stage of the competition in the weekend. The competition however does not only benefit the participants but also the hosts as well. According to Byron Long, the Poker Director at Hard Rock Tulsa, the partnership with RunGood poker series will be a major success for them at Hard Rock.
In order to make sure that the event is at its best, Hard Rock Tulsa has partnered with vacation experts, Blaycation to come up with $2000 packages for the upcoming December championship event. Ideally, those who are lucky enough to win a package in this fashion will be treated to $300 Travel Cash, a 3-night hotel stay within New Orleans and a reserved Main Event Championship seat. Two tickets to a VIP crawl tour will also be part of those packages. This is simply the sort of an event that no one can dare miss out on.
