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The gossip mills are churning again and so we are back with yet another edition of the Gossip Column.
Losing is hard to deal with but it becomes worse if you find yourself stuck in a losing streak. This unfortunately seems to be the case for Tom ‘durrrr’ Dwan, who yet again lost a half-million-dollar pot to Elton Tsang.
Manig Loeser has recently proved how smart he can be, when it comes to saving his bankroll at the right moment. In an invitations-only cash game hosted during the partypoker LIVE MILLIONS UK, Loeser folded during a crucial hand, preventing Dan Shak from palming £41,000 off him.
Meanwhile, Run It Up team pro Arlie Shaban received his fifth challenge from the ‘Poker Gods’ and this time it will be Canadian pro Jaime Staples who’ll be giving the live stream specialist a helping hand.
Speaking of challenges, poker superstar Phil Ivey continues to face challenges, albeit from legal frontiers. After the New Jersey district court turned out Borgata Casino’s appeal that Ivey be booked under RICO regulations, Borgata has upped the ante by going forward with a legal cross-appeal, demanding that Ivey pay them $30 Million.
It seems like New Jersey pro Tom ‘durrrr’ Dwan is on a losing streak. After losing a $2,353,500 pot to Paul Phua at the Triton Poker Super High Roller cash game in Jeju, Dwan found himself on the losing side of another huge cash game pot at the same venue.
Playing 36-card Short Deck Poker, the pot had reached $537,300 when Dwan busted and was forced to re-buy into the event. This time his elimination came at the hands of Elton Tsang. Dwan had pocket kings against Tsang’s ace-queen. But an ace on the flop bettered Tsang’s hand, leading to Dwan’s first exit and giving Tsang the half-million-dollar pot.
In addition to Dwan, Tsang, and Phua, the other high rollers at the table included Jason Koon, Qiang Wang and Andrew Robl.
You can watch the action below:
The partypoker LIVE Big Game that was hosted at Dusk Till Dawn in Nottingham has been in the news for more reasons than one. For the railbirds out there, Manig Loeser’s epic decision to fold in midst of a crucial hand was quite the hot topic of discussion. While anyone watching the hand may have in the heat of the moment thought Loesor had lost his mind, turned out he actually ended up saving £41,000!
The scene was one of intense pressure where bigwigs like Paul Newey, Michael Zhang, Sam Trickett, Dan Shak, Paul Byrne and Richard Berridge were in the mix and playing for high stakes in the invitational cash game during the MILLIONS UK.
As the hand played out, there were three players holding six-six, seven-seven and eight-eight in their hands respectively. Just then a flop of six-seven brought sets for two of the players. Loeser was one of them, with pocket sixes in his hand, that improved to a three-of-a-kind.
The other player, holdings the sevens, was Shak. Who would have thought that Loeser would correctly assess the situation. He promptly folded, evoking a remark from an incredulous Shak and an equally shocked rail.
That’s just ridiculous,” said Shak, “How do you fold 6’s there?” But Loeser did! And the move proved to be a wise decision as the 29-year old managed to hold on to £41,000 that he’d have lost in the pot otherwise.
partypoker even shared the story of Loeser’s sick fold on its Twitter handle, applauding the player for his timely action.
Just when you think our High Stake Cash Game at #MILLIONSUK tonight couldn’t get anymore stacked, we’re adding @swordfish007 to the mix. You can catch this amazing action from 8:20pm tonight exclusively on https://t.co/l2s1bRKr1u so don’t miss out. pic.twitter.com/LZohmqEIbm
— partypokerLIVE (@partypokerlive) September 30, 2018
If you have been following RunItUp team pro Arlie Shaban‘s Twitch channel you would be aware that the poker player was recently tasked by the ‘Poker Gods’ to perform the ’12 labours of Arlie’ for a chance to win a $30,000 Platinum Pass.
October 8, the PokerStars Blog posted the fifth challenge from the ‘Poker Gods’. Staying true to the original 12 labours of Hercules where King Eurystheus had ordered the demi-god to clean the stables of King Augeas, the ‘Poker Gods’ told Shaban, “You’ll be glad to hear we don’t want to humiliate you, Arlie. In fact, we want to do exactly the opposite. We don’t want you to deal with anyone else’s crap. Just your own.”
Giving Shaban a hint, the gods further stated, “And for this you’ll need the help of one us. A God of distinction who has experience of this type of thing. He’s known as Ultimus Maximus Sweateus. He is the God who made a bet which the mortals thought he couldn’t win. And then proved everybody wrong. And he’s been one of the STAPLES around here for years now — one of the first to do what you now do.”
The Canadian pro Jaime Staples will be the one to give Shaban a helping hand this time round. In fact, Staples has already said that in order to take his Twitch stream to the next level, Shaban will have to: a) improve his stream, b) better his branding and c) change his mindset.
You can watch the video of Shaban receiving his challenge right here:
Well, we wish Shaban all the best for the task!
The conflict between ten-time World Series of Poker (WSOP) bracelet winner Phil Ivey and Borgata seems to be getting murkier. The Atlantic City casino has been seeking legal relief from the federal court, alleging that Ivey’s edge-sorting technique amounted to cheating. While Ivey seems to disagree and and the court recently ruled that Ivey should pay the casino $10 Million, Borgata is not happy, and seeks more.
In a fresh legal initiative, lawyers representing Borgata have sought that the $10 Million judgment be trebled to $30 Million!
It’s a known fact that Borgata’s legal representatives have been pushing for enforcement of Racketeer Influenced and Corrupt Organizations (RICO) Act violations against Ivey and his edge-sorting partner, Cheung Yin Sun.
Most in the poker community have been of the opinion that while edge sorting is an ambiguous realm, it can hardly be associated with a criminal act. And so did the judge, when the lawsuit was heard in the lower court.
We do now that the lower court i.e. the New Jersey District Court ruled Ivey’s actions to be a breach of contract but turned down the argument that RICO statute applied to him, due to fraud. The judge ruled that Ivey’s conduct had been “far from admirable, but also quite a distance from fraud as well.”
The ruling doesn’t seem to have deterred Borgata that is determined to get the most out of Ivey. Borgata has in its cross-appeal, asked the United States Court of Appeals for the Third Circuit to take a re-look at the rulings made by the New Jersey District Court, including the RICO decision.
What will happen is still uncertain, but one thing is for sure, Ivey’s legal troubles are certainly far from over.
And with that we end this edition of the Gossip Column. Stay tuned and we’ll be back with more soon!