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Oliver Speidel Wins Aussie Millions main event

02/01/2012 :  MELBOURNE POKER ACE WINS THE AUSSIE MILLIONS
 
26-year-old takes home A$1,6 million
 
26-year-old Oliver Speidel from Melbourne is A$1.6 million richer after winning the Aussie Millions main event poker championship at the Crown Casino in his home town.
 
The professional poker player relied on experience gained after three years travelling the world as a professional poker player to emerge victorious from five days of action this week that included some 12-hour sessions against 658 determined and talented international opponents.
 
The competition culminated in an eight-hour final table battle against Canadian ace Kenneth Wong, Yann Dion, Bjorn Li, Patrick Healy, Mohamad Kowssarie, and Mike Krstanoski, whose departure in third place with A$610,000 cleared the way for the final heads up between Speidel and Wong.
 
Wong's pocket nines proved no match for Speidel's pocket aces in the final hand, played before nearly 200 spectators and a worldwide audience watching on the internet.
 
Speidel's skill, chip advantage and good cards enabled him to win the day and claim the main prize, but Wong collected an impressive second placing cheque for A$ 1 million.
 
Speaking to Australian reporters, Speidel said he felt ''exhilaration and disbelief'' at his major win. The young pro worked in risk management at the Australian Reserve Bank before turning to poker as a livelihood, and says he will take a conservative approach with his new wealth, having previously been burnt playing the share market with poker earnings.
 
''I'm looking to maybe getting an apartment in the city,'' he said, adding that the greatest advantage the big prize gives him is the ability to enter poker tournaments around the world, where entry fees can rise to $100,000, but earnings can be equally substantial.
 
Speidel revealed that after the big match he unwound by....playing poker late into the night with friends, winning a few hundred more dollars from them.
 
The young ace also has a word of advice on emotion control for tournament hopefuls:
 
''When I first started playing poker I would get really upset when I lost, really happy when I won. The emotional swings were crazy and that's not optimal.
 
''If you want to play your best all the time you need to keep your emotions under control and not let the losing streaks get to you.''

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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