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Pokerstars Taking Bets On WCOOP Tournaments

Friday September 18,2015 : POKERSTARS OPENS A BOOK ON W.C.O.O.P TOURNAMENT
 
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 :

IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

Vegas Crest online casino adds 30 new games - The Vegas Crest online casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive.

AMAYA C.F.O. RETIRES - Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.

Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

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.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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