Daniel Colman won the 2014 Big One for One Drop, earning $15.3 million, but has reservations about the game in general. (Image: WSOP)
The most poker that is important of the season, traditionally, has constantly been the World group of Poker Main Event. But in recent years, a brand new tournament has taken its place once the most lucrative event with the biggest reward pool. It’s the $1 million buy-in Big One for starters Drop, the charity tournament that attracts the very best professionals and some of the amateur players that are richest around. The first One Drop tournament was held in 2012, additionally the follow-up this year once once more produced the biggest purse of the poker 12 months.
42 players proved for the 2014 Big One for One Drop, and poker that is 23-year-old Daniel Colman walked away with a life-changing prize of just over $15.3 million together with his first WSOP bracelet. The win that are massive vaulted Colman to sixth all-time in the Hendon Mob competition poker earnings list, with more than $18.2 million in career winnings.
This year’s version was more heavily tilted in favor of career poker players while the first One Drop tournament was roughly evenly split between high-rolling pros and ultra-rich amateurs. There were about 30 professionals one of the 42 entrants, and ultimately, the battle for the spot that is top down to two full-time poker players.
Colman Beats Legend for Title
But that confrontation might not have gone just how many poker that is casual would expect. It saw Colman go up against one of the real legends associated with the game in Daniel Negreanu, the six-time bracelet winner from Canada, who is one of the most recognizable faces in poker. Still, while Negreanu entered their heads-up clash with a slight chip lead, he knew he could well lose the confrontation.
‘ In heads-up, he’s one of the best in the global world,’ Negreanu stated of Colman. ‘ He’s going to win a lot more of these.’
Negreanu did end up bowing out in second destination, but the near-miss ended up being still historic for the poker legend. The nearly $8.3 million he accumulated vaulted him to place that is first the all-time tournament poker money list, passing 2012 One Drop winner Antonio Esfandiari. Negreanu now has near to $29.8 million in life time winnings.
Winner Has Negative Feelings Toward Poker
Unusually for the tournament that is major Colman did not perform some typical winner interviews and other post-game publicity that poker fans are accustomed to. He later clarified his feelings on the TwoPlusTwo forums while it wasn’t immediately clear why Colman was stepping away from the attention and acclaim usually given to tournament winners.
‘I do not owe poker a single thing,’ Colman wrote under the ‘mrgr33n13’ screen name. ‘I’ve been fortunate sufficient to benefit financially from this game, but i’ve played it long enough to see the side that is ugly of world.’
Colman continued to express which he wouldn’t recommend the life of a poker pro to anyone, and that he had beenn’t sure the game should be promoted in general.
‘It bothers me that individuals care a great deal about poker’s health,’ he wrote. ‘As poker is a game which includes such a web effect that is negative the folks playing it. Both economically and emotionally.’
Colman admitted that their feelings for poker are complicated.
‘we capitalize off this game that targets people’s weaknesses,’ he wrote. ‘we do enjoy it, I love the strategy component of it, but I do view it as a extremely dark game.’
Betfair Embraces Google Glass for Latest Sportsbetting Odds
Betfair is using Bing Glass technology to be able to ‘enhance the customer betting experience,’ starting with their UK TV spots. (Image: geekfed.com)
Betfair is appearing it self something of a tech that is early with the revelation that it has incorporated the Google Glass headset into its betting spots on UK television. In addition to this, the online betting exchange announced recently that the move is element of a wider strategic business plan to make use of the brand new technology to ‘improve clients’ gambling experience.’
For those late to the party, Google Glass is the new stage in wearable hardware; a couple of glasses with the capabilities of a smartphone. Specs with ‘specs,’ if you shall. A battery-powered display that is heads-up just above the right eye and a user need only glance upwards to look at the display.
Google Glass headsets have just been available in britain for two and a half weeks (£1,000, if you’re interested), therefore Betfair’s readiness to embrace the futuristic products is a business first. The eyeglasses are nevertheless in beta-testing phase, in reality therefore it’s start but Bing believes that, in the not-too-distant future, spectacle manufacturers are incorporating its computer software and third-party apps into their eyeglasses on an industrial scale.
Betfair Presenters to Model Glass
In the meantime, between the ‘then’ and the ‘now’, (starting during the 2:30 Fenwick of Leicester Fillies’ Handicap), presenters on Betfair betting spots regarding the horseracing that is british At The Races started sporting the lightning link slot dystopian specifications. Betfair presenter Barry Orr ended up being the very first on-screen guinea pig, with the glasses providing him with a real-time betting feed display ‘directly to his eyes,’ as Betfair succinctly put it, enhancing total, up-to-the minute information to his analysis.
Previously, whenever bookmakers have appeared on TV to deliver updates, odds happen prone to improve while they’re on air, meaning they’re outdated the moment they’re received, digested and regurgitated by the public that is viewing. Not anymore! Betfair has said it’s going to shortly choose the headsets with regards to their betting slots on Channel 4’s Morning Line, Sky Sports News and RTE in Ireland.
In a press release, Betfair’s Director of Product Innovation Alex Deacon indicated his excitement: ‘Our company is hugely proud to be the first betting company to embrace Google Glass, a development that is really a normal fit with this heritage in technology,’ he said, alluding to your fact that Betfair was itself a technological innovator due to the fact first ever P2P betting exchange. ‘TV viewers will now understand that when they are listening to Betfair’s Barry Orr, they’ve been listening towards the most up to date odds and information that is betting,’ he included.
Brave New World
Exactly What’s fascinates us, though, is the real way in which Betfair plans to utilize the technology included in its ‘wider customer experience strategy.’ We all know only too well how a adoption of mobile technology changed the gambling that is online in recent years and we smell a new technical revolution in the offing.
Deacon offers some tantalizing hints, but no longer than that. He speaks of ‘the potential it comes to improving our customers betting experience in ways beyond simply looking at prices on their phones, tablets or computers that we see in understanding the usage and growth of wearable technology when.
‘Betting has managed to move on from merely placing a bet and waiting for it to win or lose,’ he states. ‘…Customers wish to stay attached to their bets through the day and wherever they’ve been. Google Glass therefore the other technologies that are new play a part in us creating that seamless connection. ‘
We imagine, then, that the gamblers of the next day is given a stream that is constant of results, non-runners, jockey changes and fluctuating odds because they perform their ablutions, wander around the supermarket with their spouses, run for a busses and go to local Rotary Club meetings, and society most importantly would be none-the-wiser.
Macau Revenues on Downswing For First Time in Four Years
Macau gambling enterprises suffered their first revenue drop in over four years this June. (Image: rankinghero.com)
There are certainly a few certainties in the world of gambling: one is the fact that household nearly constantly wins in the run that is long. But even for gambling enterprises themselves, earnings can increase and fall on the fortunes of just one single or two whales that have a lucky month, and finding approaches to increase business can be tricky. One thing who has seemed like an absolute lock for the previous couple of years was the apparent reality Macau would keep churning out record profits month after month, with no end coming soon.
Until, needless to say, it stopped happening.
June saw Macau’s year-over-year gambling revenues fall by 3.7 percent, the first time in more than four years that the Chinese gambling hub had any decline in their winnings. June while casinos took in 27.2 billion patacas ($3.4 billion), that was still down from 28.3 billion ($3.5 billion) last.
World Cup Drives Gamblers to Sports Betting
On the surface, this may seem just like a reason for firms invested in Macau to panic. But a much deeper consider the numbers shows that the sky might never be falling, and that there are numerous explanations that are reasonable the fall.
To begin with, even the loss actually beat the expectations of many analysts. Projections suggested a drop of about four to six per cent, and the casinos did slightly a lot better than that. Much of that drop ended up being predicted predicated on regulatory moves from Asia that have sought to slow the move of money into the gambling enclave, which often has sparked concerns that growth could slow down.
There is the elephant in the room this thirty days: the FIFA World Cup. Even when China isn’t competing into the competition, there’s nevertheless interest that is tremendous soccer’s international championship. You cannot bet on soccer at most of the Macau venues (the right to provide such bet is held as a monopoly with a firm referred to as Macauslot), which means that most wagering is done illegally. One gambling band operating out of a Macau hotel was apparently taking in over $600 million in bets each week.
That impact may very well be felt in July also, while the World Cup will complete this month up. But while that will stop declines in gambling revenues, there are more reasons to suspect that Macau’s growth shall continue slowing throughout the long-term.
Restrictions on Cash a potential factor
China has placed stronger restrictions on the utilization of the UnionPay bank card. While Chinese nationals are just legally allowed to eliminate 20,000 yuan ($3,200) out of Asia each day in money, stores in Macau frequently help Chinese gamblers take away far more by faking expensive purchases and giving customers an incredible number of yuan as opposed to the fraudulent items.
It is uncertain simply how much the limitations will actually influence Macau, as some reports are actually saying that while brand new UnionPay devices won’t be allowed there, ones that have already been set up can remain. Officials are also being flexible on deadlines, giving casinos a lot of time for you to adapt to the modifications.
But there are various other concerns too. While the mass market segment still looks like a growth that is promising, there are concerns about simply how much casinos can squeeze out of their VIP customers. Constrained liquidity and difficulties with debt collection have actually been cited as major issues that could make that critical section tougher to fully exploit. In addition, some analysts stress that limitations on transportation visas and a future smoking ban could reduce the number of visitors to Macau’s casinos.