Tuesday, January 11, 2011

New Jersey Regulates Online Poker

New Jersey's legislature passed a law (PDF) regulating online poker and most other major forms of online gambling except sportsbetting. The governor has until March 3 to veto it or let it pass into law. Under the law Atlantic City casinos will be allowed to host online gambling sites within the city limits and take bets from New Jersey residents 21 years or older. The tax rate on the sites will be 23% of gross revenue. A serious concern is that New Jersey online poker sites might not have adequate traffic when dividing the state's population of 8.7 million between competing local and overseas sites. Opening accounts and cashing out also look more complex than at current sites, requiring an application and form respectively. A few other notable points in the bill: big losers will be sent statements of their losses; and cashouts must be sent within three days.

The law prohibits neither gambling on sites hosted outside New Jersey nor providing such services (although New Jersey could misrepresent the letter of the law to impede overseas sites in the manner the federal government has done). The law defines internet wagering as taking place where the servers are located in Atlantic City, which is a significant legal boon to overseas sites since they argue that no gambling is taking place in the United States when people play on their sites.

Don't miss any online poker news: sign up for our weekly newsletter or subscribe to our feed.

Monday, January 10, 2011

No Bad Beats Poker: Get Your Money Back If You Take A Bad Beat At This Online Poker Room

No Bad Beats Poker is a new room on the Everleaf platform where you get your money back if you suffer a bad beat in "No Bad Beats" tournaments or ring games. To get your money back at least one player must be all in by the turn; if the favorite has a winning probability of at least the Bad Beat Cutoff Percentage (see graphic below) but loses he'll get his money back. After the player taking the bad beat gets his money back rake is taken from the remaining pot awarded to the player with the best hand.


No Bad Beats tables and tournaments are clearly targeted at fish: good players realize that to take a bad beat you must get your money in with the best hand, which is profitable in the long run. My initial thoughts on strategy, though, are that the tables should encourage more tight-aggressive (better) play: there will be less value in passively drawing, and more value in getting all in with strong hands early.

NoBadBeatsPoker.com also has the regular International Everleaf tables but not the more profitable ITA and UPN tables. The room is open now in its beta-testing phase with a freeroll scheduled for January 16 and the grand opening for the 30th.

Don't miss any online poker news: sign up for our weekly newsletter or subscribe to our feed.

Monday, January 03, 2011

Poker After Dark Schedule

Poker After Dark airs at 2:05 AM Tuesday through Saturday (late night Monday through Friday) with a weekly recap show at 1 AM Sunday (late night Saturday) on NBC.

January 3, 100K-buyin tourney: John Juanda, Erick Lindgren, Phil Galfond, Huck Seed, Tom Dwan, Phil Ivey

February 7, 150K-buyin cash game part 1: David Peat, Howard Lederer, Phil Laak, Greg Mueller, Olivier Busquet, Eli Elezra

February 14, 150K-buyin cash game part 2 (same lineup): Howard Lederer, Olivier Busquet, Greg Mueller, Phil Laak, David Peat, Eli Elezra

April 4, 50K-buyin tourney: Andrew Lichtenberger, Eric Baldwin, Melanie Weisner, Doyle Brunson, Annette Obrestad, Tom Dwan

April 11, 100K-buyin PLO part 1: Brandon Adams, Patrik Antonius, Phil Ivey, Tom Dwan, Brian Hastings, Phil Galfond

April 18, 100K-buyin PLO part 2: Brian Hastings, Jared Bleznick, Tom Dwan, Phil Galfond, Phil Ivey, Patrik Antonius

Update: new episodes have disappeared from the Poker After Dark schedule.

June 20, 100K-buyin cash game part 1: Mike Matusow, Jean-Robert Bellande, Peter Jetten, Brandon Adams, Chris Ferguson, Michael Mizrachi

June 27, 100K-buyin cash game part 2: Brandon Adams, Peter Jetten, Chris Ferguson, Phil Hellmuth, Mike Matsuow, Jean-Robert Bellande

September 5, 100K-buyin cash game part 1: Annette Obrestad, Huck Seed, Antonio Esfandiari, Phil Hellmuth, Andy Bloch, Justin Smith

September 12, 100K-buyin cash game part 2 (same lineup): Andy Bloch, Annette Obrestad, Justin Smith, Antonio Esfandiari, Phil Hellmuth, Huck Seed

September 19, 20K-buyin tourney: Mike Dappen, Phil Hellmuth, Mike Matusow, Chris Ferguson, Erica Schoenberg, Jennifer Harman

November 21, 200K-buyin cash game part 1: David Peat, Eli Elezra, David Oppenheim, Patrik Antonius, Phil Ivey, Tom Dwan

November 28, 200K-buyin cash game part 2 (same lineup): Tom Dwan, David Peat, Patrik Antonius, Phil Ivey, David Oppenheim, Eli Elezra

You can find and lineups for rerun weeks and player biographies on NBC's web site. You can also watch Poker After Dark on NBC's web site.

Don't miss any poker news: sign up for our weekly newsletter or subscribe to our feed.