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It's not every day a player turns a stake of $1.18 into $26,111

Thursday September 15,2011 : GOOD R.O.I. FOR ONLINE POKER PLAYER
 
It's not every day a player turns a stake of $1.18 into $26,111
 
The UK-based 3D online poker site PKR.com reports that after qualifying with a stake of just $1.81 through a stage 1 internet satellite tourney, a player using the handle 'Vizdy' became the latest name to win PKR's biggest Saturday night prize with a victory in the $100,000 PKR Masters.
 
The Gateshead-based player outlasted a 422 runner field to net a $26,111 payday, easily his largest win on the site to date, and an impressive return on his small stake.
 
The final table, which played out for two hours and 23 minutes, featured former Masters champion Kusken777, who was aiming for a repeat of his $27,375 score three months ago. Also in the mix was Barkieboy, who completed a fine weekend by going on to win the PKR Sunday High Roller the following day.
 
Ratmanloco initially held the chip lead going into the final table with 51 big blinds, with Vizdy back in fifth place with 26 big blinds.
 
Runner-up sweplatte, sporting his High Roller title from the previous night, entered the final ten as the short stack with just 12 big blinds. Yet with three players remaining the Swede had parlayed his meagre stack into 71 percent of the chips in play to lead.
 
However, it was a lead that would not see him through to a second victory in as many days, as his stack was decimated shortly after at the hands of Vizdy, who finished off his opponent in 21 hands, having entered heads-up play with a small chip deficit.
 
PKR community manager Dan Grant commented, “It’s absolutely fantastic when we see somebody just come from nowhere to put their name up in lights. There wouldn’t have been many fancying Vizdy going into the final table but he showed what he was all about and beat off some big names. I’d be pretty sure that was the best $1.81 he has ever spent.”
 
Sweplatte's runner up reward was $15,666.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

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Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

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New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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