The recent mess around everything involving Full Tilt Poker may have some people completely left in the dark and trying to separate fact from fiction. In short, Full Tilt's future looks grim and full of obstacles. After facing the April 15th domain seizure and indictments by the American government, struggling for months to raise capital to pay American players back, and receiving a lawsuit from their star poker pro Phil Ivey, Full Tilt Poker has now been officially shut down by the Alderney Gambling Control Commission. On Wednesday, June 29th the commission revoked five egambling licenses for Full Tilt, causing the site to cease all operations. So now not only is FTP out of order for the US, but for the rest of the global poker community as well. Details as to why the licenses were suspended have not been released, and will not be released until a hearing scheduled for July 26th. Andre Wilsenach, the executive director of the Alderney Gambling Control Commission, stated, "The law allows me if I think it’s sufficiently serious and in the public interest that I can suspend it today until such time that we have a hearing." The investigation was directly prompted by the events of Black Friday.
According to the AGCC's media release, "Alderney Gambling Control Commission (AGCC) is in discussions, all be at an early stage, with its licensees trading as Full Tilt Poker and a third party concerning the prospective refinancing of Full Tilt Poker. The objective of these discussions is to enable the site to re-open to its current and prospective players." It looks like AGCC isn't looking to permanently shutdown Full Tilt, but rather correct wrongs and get the site operating at its optimal potential.
Full Tilt Poker also now faces a new class action suit to return US player account money. The suit is filed by Steve Segal, Nick Hammer, Robin Hougdahl, and Todd Terry, who claim they "represent a nation-wide class of Full Tilt account holders residing in the United States whose Player Accounts held balances on April 15, 2011." In it they accuse Raymond Bitar, Nelson Burtnick, Full Tilt's subsidiaries and cooperating companies, and several pros, including Howard Lederer, Phil Ivey, John Juanda, Gus Hansen, and Patrik Antonius, of racketeering to take US player funds by any means possible, even illegal, and are therefore responsible for the loss of approximately $150 million in US player funds. The full text of this suit can be read here. This class action suit came shortly after Phil Ivey announced he was dropping his lawsuit against Full Tilt.
Again, even though Americans are struggling for their right to play poker online, there definitely is no struggle to play poker at the WSOP! The numbers have been staggering and everyone seems to be enjoying the heat of the game and the heat of Las Vegas. A special congratulations to Joseph Ebanks, also known as ender5555 on FTR, who recently took down the $10,000 buy-in Event 46 for his first WSOP gold bracelet and $1,158,481! Way to go! Ebanks beat out a field of 473 other players in the six-handed No-Limit Hold'em game, including Bertrand “ElkY” Grospellier and our very own Gabe "gabe" Patgorski who finished in 14th for $43,976. Other FTR members have also been making a splash cashing in events all throughout the WSOP, including Courtney "courtiebee" Gee and Richard "nutsinho" Lyndaker. Make sure to tell them congratulations! And a big good luck to those players entering the Main Event later this week! Be sure to check out our news section for all the latest updates on this year's World Series of Poker.
FlopTurnRiver wants to wish you all a Happy Canada Day and Happy 4th of July! We hope you had a safe and fun holiday weekend and the summertime brings you all even more good days to come.
What is the probability of flopping a flush when you hold two suited hole cards?
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Forum Fanatic | QQ vs flush board
Nekrogovner asks if he should bet or fold in this hand in our Beginners Circle Forum.
PokerStars No-Limit Hold'em, $0.02 BB (5 handed) - PokerStars Converter Tool from FlopTurnRiver.com
Hero (SB) ($4.96)
Preflop: Hero is SB with Qd, Qh
2 folds, Button bets $0.08, Hero raises to $0.24, 1 fold, Button calls $0.16
Flop: ($0.50) 10s, Ks, 5d (2 players)
Hero bets $0.32, Button raises to $0.64, Hero calls $0.32
Turn: ($1.78) 9s (2 players)
Hero checks, Button checks
River: ($1.78) 7s (2 players)
Villain is 13/8 over 39 hands. Seen him once win with something decent on showdown.
On flop i put him on AK, QJ, sets, and flush draws. I doubt he would flat AA and KK vs 3bet, and I don't think he will be doing many tricky stuff in this spot, like maybe protecting something like 99, JJ or AT.
Turn completes both straight and flush draws, so I'm pretty much giving up here, but he checks here? At this point I think he is probably fearing that I have a completed a straight or a flush draw. I suppose I could reduce his range now to sets and AK without A of spades (he would def bet that one).
River comes another spade, and looks like a great bluff spot for me. Should I bet/fold or just give it up? What would be a good bet size to push him off his AK or set?
Zorkion: "On flop i put him on AK, QJ, sets, "
in my experince, opp will call a normal bet on the river here with this range 8/10 times.
you floated his raise on the flop, which could possibly have seemed like a fd, but your turn check kinda dispensed with that possibility.
i would say if anything, fold to the flop raise, since youre oop on a super tight opp (13/8 is tight in fr, let alone 5max), and later streets are almost never going to help you
as played, c/f imho
rpm: fold flop imo
tiltingdonkey: villain won't call with worse. c/f imo.
lolpwnt: fold flop, check fold river ldo
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Poker News | Joseph Ebanks wins World Series of Poker Event 46
Event 46 was definitely the most exciting event in this year’s World Series of Poker so far. The six-handed format of the tournament guaranteed tons of action at every table. The $10,000 buy-in guaranteed only the best players registered for the tournament. A total of 474 players bought into the tournament creating a $4,455,600 prize pool. In all, 48 players were paid with the first place winner taking $1,158,481.
Two FlopTurnRiver members were lucky enough to make the money. Gabe Patgorski, moderator of FlopTurnRiver’s ‘Tilt’ sub-forum, busted in fourteenth place. Only a few minutes after returning from his break, Gabe found himself all-in holding ace-seven suited against Nick Grippo’s ace-jack suited. Gabe was unable to catch up and was sent to the rail with an extra $43,976 in his pocket. After his devastating loss, Gabe tweeted from @luckygabe: ‘busto 14th reshoved a7s vs aj’. Congratulations to everyone’s favorite moderator, gabe, for a valiant effort!
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Poker Article | Taking the Next Step
There are a few moments in a poker player’s career than will define their future. Your inevitable first downswing, that “a-ha!” moment, and moving up in stakes for the first time. Being able to move up to bigger and better games will be crucial in your advancement as a poker player. If you cannot raise the level of your play to excel at higher levels you will be stuck grinding away small-stakes games forever. There are a few ways to guarantee the move up will be a positive and successful one. Maintaining proper bankroll management, studying and learning from your mistakes, and playing with the proper mindset are all keys to taking the next step in your poker career.
Proper Bankroll Management
The biggest reasons most “shots” fail is players attempt them before their bankrolls are ready. Common variance has destroyed many bankrolls this way as players run poorly and lose twice as quickly as they would at lower stakes. Standard poker bankroll protocol states players need 20 buy-ins for cash games, 50 for SNGs, and 100 for multi-table tournaments. These numbers used to be considered conservative but as players have researched more about variance they have come to find the opposite is true. These numbers, especially when applied to players who mass multi-table, are actually on the aggressive side. In today’s game a 50/100/200 buy-in rule is better than the 20/50/100 once recommended by most.
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Poker Dictionary | Soko
A 5-card stud variant. It is played exactly as 5-card stud is, except 4-card flushed and 4-card straights now beat a pair. The other hand rankings remain unchanged, with two pair+ beating a four flush.
Example: 5d8h9hJhKh would beat 5s6s7s8cTh, which in turn would beat any one pair hands or less.
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