Friday, September 16, 2016

A Super High Roller “What If?”

I started the week recommending some poker podcasts. Gonna sign off here talking a little about another one, the PokerNews podcast.

Today I was listening to the most recent episode of the “PNPod,” now hosted by Sarah Herring and Matthew Parvis. Among the topics covered was that $102,000 buy-in World Championship of Online Poker event that went off earlier in the week on PokerStars, the biggest buy-in event ever for online poker.

I followed that one a bit last Sunday in between watching football, then again on Monday when it finished up with a two-way chop involving “bencb789” and Fedor “CrownUpGuy” Holz, both of whom ended up earning seven-figure paydays.

Holz had won that much online before, taking away $1.3 million for winning the WCOOP Main Event two years ago. He’s also won more than $1 million in live tournaments no less than four times in 2016 alone, and a fifth time in December 2015. Just nuts.

Frank Op de Woerd did live updates on the $102K event for PokerNews, and he appeared on the PNPod to talk a little about the tournament. He brought up an interesting point about how the event began with only five players there at the start time. That’s a screenshot up above of the five-handed action, included in Frank’s coverage.

Late registration (as well as the ability to re-enter) lasted five hours on Sunday. As I recall they were still only at a single table after three hours or so, then finally the field filled out to the 28 total entries. That made the prize pool $2.8 million altogether, comfortably over the $2 million guarantee.

Frank wondered what would have happened had the five players who began the event went all in on a hand, thus “ending” the tournament even before late registration was over. With that $2 million guarantee, the players had contributed only half a million total to that point, which (theoretically) would have meant a crazily huge overlay if all $2 million were paid out.

Frank’s wondering about that five-way all-in scenario made me think of others -- say, one where only a couple of players showed up for the start of the event, then one felted the other before anyone else signed up (a much less implausible scenario than a five-way all-in).

I’ve got to imagine there was some provision in place for the event that would have prevented it from being decided in this fashion. In fact, the very first item listed among PokerStars’ “Tournament Rules” would, I suppose, allow the site to come up with some procedure to avoid any of these imagined scenarios from affecting how the $102K Super High Roller played out:

“We will, at all times, consider the best interests of the game and fairness as the top priority in the decision-making process. Unusual circumstances can, on occasion, dictate that decisions in the interest of fairness take priority over the technical rules.”

Still kind of funny to imagine those other possibilities. I suppose when constructing them, we should by matter of course have Holz winning in all instances.

Image: courtesy PokerNews.

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Monday, July 25, 2016

The Asynchronous Audience

Over the last few days I’ve gradually been listening to the final PokerNews Podcast of the 2016 World Series of Poker (episode #406) -- of the summer portion of the WSOP, anyway. Kind of just the way things worked out in terms of my listening opportunities, although there wasn’t such an urgency to listen right away as there was with earlier episodes since this one recapped the action as it concluded on that final day when the Main Event played down from 27 to nine.

That’s where the Main Event will remain, of course, for approximately 100 more days until the “November Nine” (which starts at the end of October) finally gets going.

There are a lot of good interviews in this episode -- the ones with Gordon Vayo, Cliff Josephy, and Griffin Benger stand out as especially interesting. Again, I’ve said it before (and recently), but Remko Rinkema is terrific with these.

Along the way Remko and Donnie Peters talk through that last day, recounting highlights and big hands. Which is how most of us will be experiencing that day (and the couple preceding it) once ESPN begins airing its coverage -- not until Sunday, September 11, actually.

In other words, the WSOP shows won’t begin on ESPN until after the NFL has already begun, as the network is obviously once more using poker as a kind of “counterprogramming” to football. Doesn’t matter too much, though, as I imagine many will go the DVR route, watch “on demand” via the WatchESPN app, or view the episodes online in some other fashion when and where they wish. Kind of like the way I’m listening to the PNPod.

If you think about it, those of us who like to follow the WSOP Main Event now experience this particular tournament very much like other “series” people watch on demand -- i.e., dramas, comedies, etc. That delivery method also creates conditions for the same sort of “asynchronous” dialogue about the tournament we often have online via various social media outlets and discussion forums.

All of which means our talk about the tournament so far has been necessarily scattered and strung out. Even when the episodes start airing seven weeks from now, they’ll only serve as vague points of reference for the discussion as it goes forward -- apart, perhaps, from a big hand or two (such as Benger’s aces-over-kings ouster of the talkative William Kassouf in 17th) which might get us all on the same page for a brief moment.

Not saying this is good or bad, just different from most major poker tournaments and sporting events that are covered live (or essentially live), and perhaps more like other facets of entertainment culture that are not collectively experienced at once. At least the final table will give us a chance to witness and respond to the WSOP Main Event as a group.

Meanwhile, if you want to talk about the WSOP Main Event, well, go right ahead. We’ll catch up eventually.

Image: “Scattered Time,” dommylive. CC BY 2.0.

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Monday, July 11, 2016

Tuning into the Main Event

The World Series of Poker Main Event is now well underway, and in fact the last of the three Day 1 flights is already edging over into its latter levels.

Back at the start of the WSOP I had predicted 6,613 for a total number of entrants this year, and for a while this afternoon and early evening it was looking like that might have been an uncannily close guess. They pushed past that mark, though, hitting 6,737 overall after a monstrous Day 1c field of 4,240 -- the largest single flight ever.

As has been the case the last three summers, I’m realizing as the WSOP Main Event gets underway that without any sort of live streams or anything beyond the hand updates and chip counts, it feels as though there’s a hole in the coverage. Too bad they cannot have an EPT Live-style stream running these first several days of the event -- say, up until Day 4 or whenever edited ESPN shows are going to pick up the story once they start airing later in the summer.

This is a point that keeps coming up every single summer. Matt Glantz tweeted about it a year ago (earning himself a block from the WSOP account for doing so). “Players would tell you that an absence of live streaming, in an event so big to the game, is a huge mistake that needs to be turned around for the upcoming year,” wrote Glantz. Alas, such a move didn’t happen, likely due to preexisting agreements with ESPN. Instead it’s almost as though with the Main Event the WSOP is already kind of over for the summer for those following from offsite. I’ll still eagerly check in on how things go from here, of course, particularly once the field shrinks to less than 100 and the pre-final table excitement starts to build. But it’s almost like mentally I’m recording everything to watch later, not fully focusing on it right now.

I’ve had fun again this summer listening to the PokerNews Podcast with Remko Rinkema and Donnie Peters, catching it nearly every day while doing barn chores or other outdoor activities. Has been a fun way to follow results, while also including a lot of interesting discussions about various topics having to do with the current state of tournament poker. (Remko’s also terrific with interviews -- I marvel at how good he is.)

The “PNPod” made me think some sort of live audio from the Main Event each night could be an entertaining and different way for audiences to experience the tournament. The final day in particular -- when they play from 27 to nine -- could be covered from start-to-finish as a radio show, interspersing interviews. I know I’d listen.

Then again, I might be a bigger fan of radio and “theater of the mind” than the average content consumer. Still, it’s starting to feel like in this age of the live streaming and all of our nonstop “feeds” that live updates might finally be slipping over into anachronistic status.

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Friday, July 01, 2016

What Mitchell Towner Did On His Summer Vacation

I’m kind of chuckling at this result from one of the World Series of Poker bracelet events this week, the so-called “Monster Stack” event that cost $1,500 to play and which attracted a huge field of 6,927.

A fellow named Mitchell Towner won the sucker, collecting a $1,120,196 first prize that will end up being one of the biggest cashes anyone makes all summer at the Rio All-Suites Hotel and Casino.

Towner is an Assistant Professor of Finance at the University of Arizona, which means he hasn’t gotten tenure yet and might have had to dodge teaching during summer session in order to take a Vegas vacation. Towner is a self-admitted amateur; in fact, he said afterwards (as reported by PokerNews), “I really don’t play poker.”

The WSOP’s official report elaborates a bit more on Towner’s story, including his sharing how he only devotes about an hour a week to poker, and had only twice before played events with buy-ins of more than $100.

Gotta love Towner’s Hendon Mob page, listing exactly one cash worth $1,120,196.

I was listening to Remko Rinkema and Donnie Peters chatting about Towner’s win on the PokerNews Podcast, and Remko pointed out how players can safely assume the $1.12 milly Towner won was now gone for good from the poker “economy,” not likely to be put back in play by the 29-year-old teacher.

Indeed, with a Ph.D. in finance, he probably has a good idea how smart it would be to put nearly all of those winnings away, perhaps only to play other small buy-in events here and there during the breaks between semesters.

Am doubly glad to hear of fellow teacher and fellow amateur being the one to tame the “Monster Stack.”

Photo: WSOP.com.

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