• Monday, March 01st, 2010
There were new restrictions regarding payment processing for online poker players trying to use Visa and MasterCard credit cards. It was legal for MasterCard to process online poker transactions even after the Unlawful Internet Gambling Act was passed in the U.S in 2006. Not all transactions related to internet gambling were blocked, with some even operating MasterCard.
Cash in is down significantly and online poker players are trying to get money online. The players are not aware that their funds are not being deposited using credit cards. They will still be billed for the transactions because their deposits still go through. There is an issue that the gaming company never receives the funds as they are intercepted. The processor that is used by the company has its account with MasterCard closed and they are fined for it, which goes directly to the gaming company.
Rumor has it that MasterCard blocked internet gambling transactions by auditing thousands of transactions manually, looking at coded declines and subsequent approved transactions. The reason is unknown as to why MasterCard blocked the transactions.
Players are directed to methods such as e-wallets whenever their cards are declined. Online pokers cannot use debit card to deposit on their accounts with MasterCard because it does not run debit cards. Visa or the banks can run debit cards.
• Tuesday, January 26th, 2010
The storm is about to come for poker players in Melbourne at the Crown Casino in Australia for the Aussie Millions is now set to draw more and more poker players to join the tournaments. Poker’s popularity has continued to increase that poker players are getting ready to join the championship event.
Aussie Millions made its debut at the Crown as the Australian Poker championship last 1997 and still continues to grow year after year. Today, this tournament generates multi-million dollar prize pool that draws the attention of all professional poker players. Last year, approximately 681 poker players join the event that guaranteed a $2million first-place prize pool. More and more loyal players want to take the big shots on the Aussie Millions this year to gain big payouts. more…
• Wednesday, December 23rd, 2009
Daniel Christopher Alaei was named the grand prize winner of the Doyle Brunson Five Diamond Poker classic that ended this week. He had outdone the other 328 players who are on the field and take home an astounding $1.4 million in bag money.
Alaei specializes on NLHE cash games and has already collected more than $3.7 million dollars in live games during his poker career. He has 2 WSOP bracelets to his name and had won the $10,000 World Championship Omaha Hi/Lo 8-or-better event and made 18 cashes in the WSOP earning him an amount of $1,533,917 respectively. more…
• Friday, December 18th, 2009
Poker production has no limit with regards to their poker show in NBC called Poker after Dark. They are going all out by assembling the best of poker players in the world playing high stakes game in their Railbird Heaven theme in two weeks time.
In this show, Poker after Dark – the most popular players in the poker world will be up against one another. The show will also feature the best of online poker. The buy in will start with $100,000 and will not be more than $250,000. more…
• Thursday, December 17th, 2009
Someone from the high rankings of the Federal Bureau of investigation (FBI) asserted that internet poker is prone to fraud and manipulation.
A note written by Sawn Henry, FBI Assistant Director to Alabama Representative Spencer Bachus has declared: “There are several ways to cheat at online poker, none of which are legal,” more…
• Thursday, December 03rd, 2009
It’s been a while since the PPA or the Poker Players Alliance has seen steps to improve the gaming experience of American poker players. The passing of the UIGEA has definitely starved the people in the United States who wanted to play poker online. This is due to the fact that the UIGEA has categorized poker along with other non-skilled gaming in the internet world.
At the moment people assume that they are obtaining what they desired when the Democrats took over the House in 2006, however, what occurred was not the direction they desire to take. more…
• Wednesday, November 25th, 2009
It’s been a long time since the UIGEA legislation suck out the demands of poker players in the United States to have online gambling legalized. The PPA or Poker Players Alliance has been pushing reforms and bills in order to erase the negative feelings poise by the UIGEA. The UIGEA has been discriminately grouping poker with other kinds of gambling which is not fair because poker is more a skill game compared to other online games which are purely based on luck.
But at present it seems like that the change people look forward since 2006 has been started even though not in the same way as they have expected. more…