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Vanessa Selbst Talks about Poker Math at Science Camp in NJ

Vanessa Selbst one of the top female professional tournament poker players in the world, spoke on the math related to poker games at a science camp held in New Jersey. Reportedly, Selbst attended this camp regularly when she was in high school.
The camp, which lasted for three weeks, was organized by the Governor’s School of the Sciences of Drew University, which is located at Madison in New Jersey. As many as 85 senior students had taken part in the program.
Governor’s School Co-director Adam Cassano said that they invite alumni to deliver talks on science. Referring to Selbst as the one of the “distinguished alumni” of the school, he said that they had decided to invite her to talk about poker math.
Selbst is a successful poker player who has made over $10.7 million playing poker tournaments alone. She said at the camp that she could win at poker chiefly because she had a strong foundation in probability and math.
However, she told the students to avoid playing poker as a profession as the competition has gotten tougher. Simultaneously, she did not say that it is impossible to pursue a successful poker career.
Selbst won the third World Series of Poker (WSOP) bracelet of her career in 2014. However, she couldn’t make it to the final table this summer although she finished in the cash thrice.
In May, she captured media attention by appearing on Steve Harvey Show and teaching its host poker although he was not lucky enough to win a poker game with her.
Selbst used to attend the Massachusetts Institute of Technology (MIT), which is now offering a poker course, before she started attending Yale Law School. Recently, MIT made some of the lectures related to its poker course available online. Those interested can watch these lectures free of charge online.

Phil Ivey Files a Counter Case against Atlantic City Casino

Phil Ivey, a top poker professional has filed a counter lawsuit against an Atlantic City casino that had accused him of using shady strategies to win at baccarat.
Last week, Ivey had countersued the Borgata, which had sued him because he had allegedly edge sorted to win at baccarat. Ivey had requested the dismissal of Borgata’s case against him and compensation for the damage caused to his career.
Edge sorting is a strategy in which players take advantage of manufacturing defects on playing cards and use these defects to beat the house. Allegedly, he had told Cheng Yin Sun, his Chinese friend, to request the dealer to turn high-value cards at ninety degrees so that he could easily view the flaws on them. He had also insisted that he wanted a shuffling machine to be used.
Ivey argues that he is not responsible for the manufacturing defects. He says that Gemaco, the maker of the playing cards, is responsible for making cards that meet industry standards. He also argued that the Borgata had destroyed the defective cards because they knew that the manufacturer was incapable of producing cards with symmetrical backs.
A judge had declined Ivey’s request to dismiss the Borgata’s case against him in March.
In 2012, Ivey had won millions of dollars while playing four separate sessions of baccarat at Atlantic City Casino. He played baccarat for 17 hours on July 2012 at stakes of $89,000 per hand and won $4.8 million in July 2012.
He continues to claim that his large wins at Borgata were chiefly because of his keen observation and skills. The Borgata realized Ivey could edge sort only after reading reports of a casino in London withholding the $12.4 million Ivey had won while playing a card game there in 2012. In this case, the judge had ruled in favor of the casino.

NJ Online Poker Revenue for June Declines by 5%

Online poker players in New Jersey took a break from playing poker and either went on vacations or engaged in outdoor activities this summer. As a result, online poker revenue fell by 5% in June, after taking into consideration the revenue generated at all NJ online poker rooms such as Partypoker.com, BorgataPoker.com, 888poker.com, and WSOP.com.
According to a report published by the New Jersey Division of Gaming Enforcement (DGE), these sites had collectively generated $1,835,576 in revenues in June. Last month, just before the onset of summer, they had generated $1,928,106.
The decline in online poker revenue this summer is steeper when compared with year-over-year revenue numbers. In June 2014, NJ online poker rooms generated $2,048,087 in revenue. The fall in revenue when compared to June 2014 is 11.6%.
In June, Partypoker.com and BorgataPoker.com generated revenues of $950,907 while 888poker and WSOP generated $884,669.
NJ online gambling revenue is also down. In June 2015, the total online gambling revenue touched the $11,668,709, indicating a decline of 7% as the revenue in May 2015 was $12,474,586. However, the year-over-year revenue figures show a large increase of 23% for online gambling as June 2014 showed revenue figures of $9,505,583.
The future of online poker in New Jersey is sure to be bright as PokerStars is on the verge of entering the market. Currently, the online poker operator is still waiting for a NJ license. Pala Interactive also has plans to launch an online poker site in New Jersey, but as Jim Ryan, the CEO of Pala Interactive, recently revealed, the company is waiting for PokerStars to get a license first.
Players also hope that the NJDGE signs a multi-state liquidity sharing compact with Delaware and Nevada as sharing of player pools is essential for the good health of the online poker industry in the state.

Aussie Millions to Return to Crown Melbourne in 2016

According to a recent announcement by Crown Melbourne, the 18th edition of the lucrative Aussie Millions Poker Championship is all set to return in 2016. The schedule includes 24 exciting poker events and the championship will last for three weeks, starting on January 13th and ending on February 1st. The grand finale will be the $10,600 buy-in Aussie Millions Main Event.
The Aussie Millions will be held as part of another prestigious tour, the Asia Pacific Poker Tour (APPT) and will comprise poker events with the world’s largest buy-ins. The event attracts professional poker players from different parts of the world.
Joel Williams, the tournament director of Crown Melbourne, said: “Now in its eighteenth year, Crown Melbourne’s Aussie Millions Poker Championship continues to be seen as a ‘must-attend’ on the global poker tour among both recreational players and seasoned pros alike. With a schedule featuring 24 official championship events, 2016 looms as one of the biggest events yet.”
The event will begin with a $1,150 buy-in NL Hold’em tournament with a guaranteed prize of $1 million and four flights. The player field therefore is expected to be huge. The schedule also includes the $25k Challenge, the $100k Challenge, and the $250k Challenge. Earlier this year, it was Phil Ivey who won the $250k Challenge and took home an enormous prize of $2.5 million.
The $10,600 buy-in Main Event is scheduled to begin on January 24. The event will have three starting flights. Last year, local poker player Manny Stavropoulos won the main event after beating a player field of 648. He beat Lennert Uphoff of Germany in a heads-up match and pocketed the first place prize of $1,385,000. The finals of the main event will be played in the exhibition hall of Crown Melbourne and will be broadcast live to a large global audience.

Brian Rast Wins Inaugural $500k Super High Roller Bowl

The 43-strong player field of the inaugural $500k Super High Roller Bowl had boiled down to seven finalists who played for the $21.5 million prize pool on Sunday. The final table action lasted 10 hours, at the end of which Brian Rast won the first-place prize of $7.525 million plus the championship ring.
This was the fourth seven-figure cash prize of Rast’s eventful poker career. He won more than $1.7 million while playing the World Series of Poker (WSOP) 2011 $50k Poker Players’ Championship. In 2012, he finished sixth in the inaugural Big One for One Drop and took home a large prize of $1.6 million. Recently, he won another enormous prize of close to $1.1 million in the World Poker Tour (WPT) Doyle Brunson Five Diamond World Poker Classic High Roller tournament in December 2013.
His recent poker win, however, was the biggest in his career and it gives him the 11th position on the all time money list for poker.
According to the final table results, Scott Seiver emerged as the runner-up and took home a prize of $5,160,000. The players who finished third and fourth were Connor Drinan and Timofey Kuznetsov, who won $3,225,000 and $2,150,000, respectively. The players who finished fifth and sixth were David Peters ($1,505,000) and Tom Marchese ($1,075,000), respectively. The player who busted first was Erik Seidel, who won a prize of $860,000 for his efforts.
When the heads-up match began, Seiver was in the chip lead. When the 173rd hand of the final table was being played in the 23rd level, Seiver held a pair of fives against Rast’s Ace of Spades and Nine of Spades. The flop revealed a Nine of Diamonds, a Two of Clubs, and a Queen of Hearts, putting Rast in the lead.
Ultimately, Rast emerged as the winner of the $500k Super High Roller Bowl.

Andrew Barber Wins WSOP 2015 $10k HORSE Event

The player field for the $10k buy-in HORSE tournament of the World Series of Poker (WSOP) 2015 was as tough as it always is. The field comprised 204 top poker players in the world, who generated a $1,917,000 prize pool. Ultimately, Andrew Barber, a 32-year-old poker player, won the first-place prize of $517,766 and the first WSOP gold bracelet of his career.
Barber doesn’t play poker at the professional level. Instead, he wants to get a PhD in Economics from the University of California in Santa Cruz, after which he intends to get into the teaching profession. However, his WSOP performance has been impressive as he has finished in the cash six times this year.
He said that the player field was tough, but that he knew he had the ability to compete with his opponents as he had played with them before. He added that he knew he could win the prize if he got a break or two.
Among the finalists were Scotty Nyugen, Joe Hachem, Frank Kassela, Don Zewin, Jared Bleznick, and Viacheslav.
Among those who finished in the cash were Eli Elezra, Mark Gregorich, Barry Greenstein, Brock Parker, Matt Glantz, Brandon Shack-Harris, Ismael Bojang, Randy Ohel, and John Cernuto.
Here is what the final table results say: The champion Andrew Barber bagged 900 POY Points and $517,766, while the runner-up Viacheslav Zhukov bagged 750 POY Points and $319,989.
The players who finished third and fourth were Don Zewin ($210,629 and 600 POY Points) and Jared Bleznick ($153,638 and 450 POY Points), respectively. The players who finished fifth and sixth were Joe Hachem ($114,308 and 375 POY Points) and Frank Kassela ($86,541 and 300 POY Points), respectively. The players who finished seventh and eight were Scotty Nyugen ($66,579 and 225 POY Points) and Arash Ghaneian ($51,986 and 150 POY Points), respectively.