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Pokerstars Taking Bets On WCOOP Tournaments

Operator offering betting lines on Super High Roller event in savvy cross-marketing move.
Pokerstars is attracting attention to its recent sportsbook initiative, and at the same time is cross-marketing to its poker interests in what appears to be a savvy move associated with the company's Super High Roller event at the current World Championship of Online Poker.
With a buy-in of $51,000 the event was always going to attract a small and mainly professional entry field, aside limited satellite entries, but Pokerstars' real motive has emerged this week with its announcement that it is to offer betting lines on some of the high profile entrants, engaging both sportsbetting and poker fans simultaneously, and heightening interest in the outcome.
The company is offering bets on just 20 players, all well-known and respected names in online and live tournament  poker, with odds ranging from 13 to 1 for Jason Mercier, Daniel Moorman and Daniel Negreanu to 16 to 1 on Jason Somerville, Sorel Mizzi, Ben Sulsky and Dan Smith.
The 15 to 1 odds on players like Viktor Blom, Tobias Reinkmeier, Igor Kurganov, Phillip Gruissem, Dan Colman, Ole Schemion, Ike Haxton, Justin Bonomo, Bertrand Grospellier, Phil Galfond, Mike McDonald appeared to be the biggest group on the list when InfoPowa went to press Friday morning.
Sports betting experts have suggested that the difference between the odds is not that big, and there is limited reward for the punter in betting on 20 possibilties with the odds paying 16 to 1 or worse, giving the house a high edge of at least 25 percent.
One expert commented: "Given the house edge, the high variance of poker and the strong track records of all the players involved, I really can’t imagine there being any long-term profitable betting opportunities here."
The full list of players on whom Pokerstars has opened betting lines is available here.

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Gambling News :

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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