Online Poker Update July 10 2011

I know I have been slow with getting new blog posts up.  I have been busy with playing tournaments and meeting up with people visiting Las Vegas for the World Series of Poker.  Quite a few things have happened in the past week or so since my last industry post.  Here is an update in case you missed it.

Everleaf Gaming Network Merges Player Pools

Everleaf Gaming, home to Minted Poker, Cellsino Poker, RaiseandFold and PokerView, combined their player pools one more time.  In January 2010 the Universal Poker Network merged their player pool into Everleaf Gaming.  Now U-Poker and ITA have done so as well.  This added many Italian players to the Everleaf Gaming tables.  Italian players are known to be loose and full of action.

Everleaf Gaming accepts players in the U.S.  Minted Poker is one of the few U.S. friendly online poker rooms that processes Western Union for withdrawals.  This makes them one of the fastest online poker rooms to process cashouts for U.S. players.  PokerView is a new online poker webcam site that also has standard online poker tables through the Everleaf gaming Network.  All players get 40% rakeback paid weekly and all of the Everleaf skin skins have large first deposit bonuses.

Full Tilt Closure

Full Tilt Poker has been shut down since June 29th because Alderney suspended their gaming license.  At this point nothing has happened with that story except for rumors that some European investors are looking to buy Full Tilt and reopen it.  I have been skeptical of those reports though.  I will believe it when I see it.  Phil Ivey dropped his lawsuit against Full Tilt but a lawsuit seeking class status was filed against Full Tilt Poker demanding repayment of player funds.  One of these days I will have time to break down that lawsuit.

QuickTender/UseMyWallet Reopens Cashouts

QuickTender and UseMyWallet sent an email to their players stating that refunds would be made between July 1 and August 15.  While the Usemywallet.com website is still down players can login to quicktender.com to request their cashout.  Most players have stated that they cannot login to their accounts though and do not get a reply from QuickTender.

Players must have an account that can receive Euros as the currency.  U.S. players have made many attempts to create bank accounts overseas to receive these payments.  Many have run into obstacles due to U.S. banking laws and due to many overseas banks refusing to do business with Americans due to the U.S. government restrictions.  The consensus in gambling forums is that QuickTender/UseMyWallet are just trying to look as if they are trying to pay players back.  At this point no players have publicly reported getting a payment from QuickTender.

Party Poker Offers Rake free Multi Table Tournaments

Now when you play a multi table tournament on Party Poker you do not have to pay any rake!  This promotion is running indefinitely although Party Poker seems to hint that it is for a limited time.   With Full Tilt Poker closed Party Poker is now the second largest online poker room although #1 PokerStars has a sizable lead.

Huge Bad Beat Jackpots

The Merge Gaming bad beat jackpot is at $735,000.  To hit the bad beat jackpot a player must lose quad 7’s or better while both players use both hole cards.  RPM Poker is a member of the Merge Gaming Network.  Currently Merge Gaming does not accept new U.S. players but if the time frame Merge gave when they announced the ban is right that should change soon.

Boss Media has a bad beat jackpot over €1,000,000.  It is much harder to hit though.  A player must lose four of a kind 10’s or better.  If any involved hand is four of a kind it must be with a pocket pair.  Now you see why it is so high.  If you want to try and hit the Boss bad beat jackpot you can sign up at Pokeraddict Rakeback for Fortune Poker, Paradise Poker, Interpoker or Poker Heaven.

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