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Poker News Digest 10/18/2008 – 10/21/2008

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free poker > poker news > Poker News Digest 10/18/2008 – 10/21/2008


Poker News Digest 10/18/2008 – 10/21/2008

By Dan
Published: Tuesday, October 21, 2008

  • Online poker pros Jim “Krazy Kanuck” Worth and Mark “P0ker H0” Kroon will make their internet radio debuts this Sunday night as they host a new show on Rounder’s Radio, appropriately dubbed “The Krazy H0 Show.”  Unlike other poker shows, Rounder’s Radio will concentrate on the online game, including tournaments from around the internet poker rooms, such as PokerStars, Full Tilt, and UltimateBet (Kroon represents UB and Worth used to).  The two men are good friends, so the dynamic should be excellent, while at the same time, their play styles are direct contrasts to one another, which could make for some great back-and-forth.  “The Krazy H0 Show” will air Sunday nights at 8:00pm ET.

  • World Poker Tour Enterprises, Inc. (WPTE) announced on Friday that it will be shutting down its online poker room, WPTOnline.com, as it severs ties with its software partner, Cryptologic.  The two companies had brokered a three year deal back in April 2007 for the poker tour company to put its internet poker room on Cryptologic’s network after it had floundered as an independent room.  WPTOnline joined the likes of SunPoker.com and InterPoker.com on the network in June 2007.  WPTE will owe Cryptologic in the vicinity of $2 million as a result of the broken contract.  WPTOnline.com did not allow United States residents to play at its tables, either before joining Cryptologic or after.

  • Full Tilt Poker, currently the second most popular online poker room for cash games (source: PokerScout.com), unveiled a new type of poker tournament last week: the Matrix tournament.  Matrix tournaments combine standard sit-and-go structures with performance rankings to make for an intriguing change of pace to the every day single table tournament.  In the Matrix events, players compete in four sit-and-go’s simultaneously, all against the same opponents, for a single buy-in.  The prize pool is divided into five equal pieces.  Four of the pieces serve as the prize pools for the tournaments, which pay the same as any normal sit-and-go would (minus the extra fifth of the prize pool).  The remaining piece is the Matrix prize pool, which goes to the top three finishers in the overall Matrix standings.  Player earn one point in the standings for outlasting a player at a table, two points for eliminating a player, and two bonus points for placing first at a table.  Should someone win all four tables, that person becomes the Dominatrix, and wins the entire Matrix prize pool, in addition to all four first place prizes.  For strong sit-and-go players, the Matrix tournaments might not necessarily be as profitable as regular sit-and-go’s, but even if they aren’t, the rake is split amongst all four tourneys, and they produce lower variance.  Plus, they are fun!