Poker is a game of extreme variance. A game filled with highs and lows and intermittent moments of joy and agony, and like most wedding vows it requires its practitioners to stay faithful through richness and poorness.
Over the past couple of weeks poker players experienced both.
When it comes to poorness, Bitcoins have been dropping like a stone recently. All the while Bitcoin poker sites keep plugging along, which may present a good opportunity for players at these sites.
On the flipside some players have definitely been experiencing a feeling of richness recently, considering US poker players who have been patiently waiting for their Full Tilt Poker funds were rewarded this past week when the Garden City Group sent out the first batch of payments, totaling $76 million.
In this week’s column we’ll bring you the details on both these stories and a whole lot more as we take our weekly look around the poker world.
Bitcoin has been going through some serious growing (or shrinking depending on your perspective) pains recently, as hackers, disappearing exchanges, and even an apparent suicide by the CEO of one Bitcoin exchange have sent the price of the virtual currency plummeting.
One industry that has been extremely receptive to Bitcoins has been online gambling, with Bitcoin-dedicated sites like SealsWithClubs trading exclusively in the virtual currency, while other sites like Switch Poker use a combination of standard currencies and Bitcoins to appeal to a wider player base.
So with Bitcoins dropping in value, it might be a good time to start playing on Switch Poker and maybe amass a few Bitcoins in case they rebound.
Don’t have any Bitcoins? Take advantage of mobile gaming leader Switch Poker’s €10 no deposit bankroll offer.
PokerStars released the tentative schedule for the Spring Championship of Online Poker tournament series, which will take place from May 4th to May 18th this year.
The two most prestigious events on the SCOOP schedule will be the Main Event on May 18th:
And the Heads-Up High-Roller tournament the day before the Main Event on May 17th:
As always, each SCOOP event will be played as three separate tournaments at three different buy-in levels, Low, Medium, and High. This time around there will be 45 events on the SCOOP schedule for a grand total of 135 tournaments.
You can find the full schedule (which is not yet finalized) and more details on the 2014 SCOOP series at the PokerStars blog.
If you register an account and take advantage of PokerStars $20 free bankroll offer to get yourself started.
For tens of thousands of US poker players the day finally arrived when Full Tilt Poker remission checks started hitting bank accounts last Friday.
According to the Garden City Group (the company selected by the Department of Justice to handle the repayment process), a total of $76 million was refunded to former online poker players at Full Tilt Poker.
However, this only represents about half of the money owed to US players.
This first batch only was paid to players who had no discrepancies between their remission claims and the data the GCG was given. For the rest of the players, the remission process will take a bit longer and could get very ugly before all is said and done.
We’ll keep you updated on this story as more updates become available.
Not waiting for an FTP remission payment? You can still sign up for Full Tilt Poker's $5 instant bankroll offer.
Sky Poker is currently offering all first time players at the site a free £10 instant bankroll offer.
Take advantage of one of the best no deposit bankroll offers in poker and cash in on bwin’s $50 no deposit bankroll offer.
Not a player at Terminal Poker? Now is your chance to sign up for the site’s €50 no deposit offer.