Battle Of Malta 2022 Poker?
September 16, 2022 Editor 888poker is proudly sponsoring the upcoming 2022 Battle of Malta and that is great news for poker players who have plans to get their hands on the lion’s share of the Main Event’s €1 million guaranteed prize pool, Why is 888poker’s sponsorship making players around the world smile? Because they are making it possible to win a 2022 Battle of Malta package for only $0.01,
The 2022 Battle of Malta Main Event runs from October 5-12 at the luxurious Intercontinental Hotel in St Julian’s, Costing €555 to enter and boasting of a €1 million guaranteed, the players from around the world are set to flock to the beautiful Mediterranean island for some hot weather and even hotter poker action.
Four Day 1s plus two turbo-structured flight give the 2022 Battle of Malta Main Event players ample opportunities to navigate their way to the business end of the tournament. If you plan to enter the Main Event, you should first check out the incredible satellites online at 888poker.
€555 buy-in to the 2022 Battle of Malta Main Event, playing on Day 1DFour nights’ accommodation at the five-star Intercontinental Hotel from October 7-11$350 paid into your 888poker account towards expenses888poker LIVE merchandise
888poker Player Celebrates $70K Jackpot From a $10 BLAST Game!
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- 1 Where is the Malta poker Festival?
- 2 Can anyone enter World Series of Poker?
- 3 Do World Poker Tour players use their own money?
- 4 How to enter World Series of Poker 2022?
- 5 Are Macau poker rooms open?
- 6 Where is PokerGO located?
Where is the Malta poker Festival?
Malta Poker Festival Main Event Winners – The Malta Poker Festival partnered with PokerNews to live report the Malta Poker Festival €550 Main Events. The Main Event was popular from the start with the tournament attracting a banner crowd of 1,366 entries to generate a €662,510 prize pool.
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Is there poker in Malta?
Many people know that Malta is one of the countries that issues remote gaming licences. What many people do not know however, is that Malta is also very popular with poker players and prestigious tournaments are regularly hosted on the islands. Gambling is legal in Malta, which means that winnings from online gambling can be legally kept and the players do not face any charges, unlike in some other European countries, such as Germany, where playing online poker and casino games are illegal, and players risk having their winnings confiscated and having to pay a fine.
- Most players are occasional players, but there are some who play poker professionally and they make their living with it.
- Those players often move to Malta or the UK, as winnings from online poker are not illegal there and can be declared as income.
- The choice whether to move to Malta or the UK depends on the person and their preferences, and the two countries are very different.
Malta offers a sunny climate and a lower cost of living, whereas the UK, especially London, has more to offer with regards to big city life. The casinos in Malta also regularly host some interesting poker tournaments and players from all over the world come to play on the small island in the Mediterranean.
The European Poker Tour takes place from October 21 – 31, 2015 at the Portomaso casino in St. Julians, one of Malta’s largest land based casinos. The Euro VIP Poker Cup is held from the 12 – 15 June and the Battle of Malta from 4 – 9 June at the same place. Players who move to Malta to play poker online and in land based casinos can also easily visit tournaments in other European cities, as Malta offers great connections, especially to the largest cities in the UK and other major cities in Europe.
If you are interested in more information about moving to Malta, and the attractive income tax structure it offers to people making a living off poker in Malta, you are welcome to contact the office of Dr Werner & Partner. We have helped many players to settle on the islands and enjoy a relaxed lifestyle here.
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How much does it cost to play in the World poker Tour?
The WPT Tournaments – If you ask about how to enter a WPT tournament — which one will it be? After COVID-19 forced poker strictly into online venues in 2020-2021, offline games made a big return, with the number of online World Poker Tour events remaining roughly the same.
- All in all, around two hundred events will be hosted in 2022.
- You can find the World Poker Tour schedule on their website,
- Most of these tournaments are generally open for anyone to enter, including all the events on the main tour.
- The buy-in for each tournament can vary depending on which World Poker Tour series you would like to join.
The cost of buying into a competition from the main tour ranges from $3,500-$20,000, comparable to or slightly above the rivalling WSOP buy-in cost. But you can get away with WPT buy-in of $50-$500, as the World Poker Tour offers cheaper tournaments in the form of their Deep Stacks and WPT 500 tours.
- The WPT Deep Stack tours provide a great format where everyone starts with a lot of chips and big blinds, offering more playability at the beginning.
- The buy-in range is also more reasonable, ranging from just $50 – $2500 depending on the venue.
- The WPT 500 also offers reasonably priced buy-in tournaments, all roughly around $500.
However, if we add the rake that casinos charge for all of the tournaments they host, the total buy-in will usually be a little more than $500. Some World Poker Tour tournaments events, however, are exclusive and invite-only. So you either have to be a renowned player or find your way through qualifications, if there are any.
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Can you play poker in Monte Carlo?
1. Casino de Monte-Carlo : – © Casino Monte-Carlo Open to visitors daily from 10am to 1pm. The gaming rooms and slot machines are accessible from 2 p.m. to 4 a.m. They include French and English roulette, Punto Banco, Black Jack and Texas Hold’em Ultimate Poker. There are numerous slot machines in the Europe, Renaissance and Americas rooms. SEE ALSO: What do I need to know before visiting Monte Carlo Casino? © Casino Monte-Carlo
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Can you play poker at Monte Carlo?
FPS invites you to join the action during EPT Monte Carlo. – Play at FPS during EPT Monte Carlo and visit EPT’s main tournament room, “Salle des Etoiles”, or “Room of the Stars” – the most spectacular tournament room in the poker world. It offers floor-to-ceiling views over Monte Carlo Bay and has a retractable roof to allow the sun to sweep across the room.
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Are gambling winnings taxable in Malta?
5% Gaming Tax – 5% Gaming Tax is applied on Gaming Revenue generated from Malta based players. Determination of taxability is whether the player is established, has his permanent address and/or usually resides in Malta.
* Minimum compliance contribution for new operators will not apply until the first financial year end of operations following licence acquisition. ** Start-Ups who qualify under the Directive on Start-Up Undertakings will benefit from a moratorium period of 12 months in which they are exempt from paying compliance contribution. Last Updated: September 2020
: Fees & Taxation – Malta Gaming Authority
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Can you make a living playing live poker?
That’s one of the most common questions that aspiring poker players ask themselves and their poker friends. What’s the real answer? Yes, you definitely can make a considerable amount of money and even make a living playing poker. It won’t be easy, though, especially if we’re talking about online poker.
- We have to be straightforward.
- Times when pretty much any decent player could win money in online poker games are long gone.
- The poker landscape has changed: the markets have been divided, games got tougher, and the average player got better.
- However, despite all these seemingly bad circumstances, there are still thousands of players playing online poker for a living and ever more who dream of playing poker professionally.
How do the lucky few succeed?
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Can anyone enter World Series of Poker?
Can anyone enter the WSOP? – Yes, absolutely anyone can enter a tournament at the WSOP, providing they are at least 21 years old and can afford the buy-in. This is what makes it so exciting. The final table could be made up of total novices or big-name poker pros – anything could happen! The cheapest way for an amateur to gain entry is to win one of the many WSOP satellite tournaments.
5 Cheapest Ways To Get Yourself Into The Main Event
Do World Poker Tour players use their own money?
Are Poker Tournaments Played With Real Money? Poker tournaments can be very confusing for those new to the game. Although they’re probably the most popular format out there, new poker fans frequently don’t understand how they work and one very common question they have is: “are poker tournaments played with real money?” It’s not hard to understand where the confusion comes from as players in big tournaments will often have millions in chips in front of them.
So if you are wondering are poker tournaments played with real money the simplest and the most straightforward answer is: Poker tournaments are not played with real money. When signing up to a tournament, a fixed sum of money is exchanged for chips that can be used to play the game. A player is eliminated from a tournament if they run out of chips and a real-money prize is only awarded if they place within the prize pool.
In poker tournaments, the prize money is created from all the cash paid by the participants and is later distributed to those who perform the best. Tournament chips have no monetary value themselves and are simply used to “keep score”. Once you are out of chips, you’re out of the tournament.
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How to enter World Series of Poker 2022?
WSOP Poker will be played at: –
The Paris Ballroom
All Day1 starts $10K and above bracelets – Day 1s down to final table King’s Lounge and Live-Action Deepstacks, Mega Satellites, and Single Table Satellites
The Bally’s Grand Ballroom
Day2 Restarts All Final Tables Large Day1 overflow
The Bally’s Event Center
CBS feature television tables
When is the World Series of Poker this year? + The WSOP event is held in Las Vegas May 31 – July 20, 2022 Where is the WSOP Player Services office? + The WSOP Player Services office is located across from the Paris Ballroom, adjacent to the WSOP Main Cage in the Champagne Ballroom located in Paris convention center.
WSOP tournament registration with cash, chips, credit cards, cashier’s checks, or WSOP tournament account credit. In addition:
Safety deposit boxes are also located in this area. WSOP Tournament Account deposits/withdrawals WSOP.com account deposits/withdrawals and support questions. Payouts
What are the WSOP tournament dates? + Registration, Live Action and Satellites begins on May 31 st, 2022 at 9am and run until July 20 th, 2022. The first open bracelet event is May 31 st, 2022. The first day of the Main Event will begin on July 3 rd, 2022.
Please see full tournament schedule for dates of all other events. How old do I have to be to play in the World Series of Poker? + Nevada Gaming Regulations require participants to be at least 21 years of age on the day of the event in which you wish to start playing. The age requirement to participate in the Seniors Event is that you to be at least 50 years of age on the day of the event.
The age requirement to participate in the Super Seniors Event is that you to be at least 60 years of age on the day of the event. Where can I find information about the WSOP and Pre-Registration? + By visiting our website: www.wsop.com/2022/ or by visiting the tournament office at the World Series of Poker tournament area.2022 Pre-Registration is now open.
This is for both online registration and in-person registration at the Paris Main Cage. How much does it cost to enter a WSOP poker tournament? + The 2022 WSOP will host a wide variety of tournaments ranging in price from $400 to $250,000. When does Online-Registration online end? + Two weeks prior to the beginning of the event for which you are registering if you choose wire as the method of payment.
For events with buy-ins of $10,000 or less, Online-Registration is available until the close of registration of the event for which you are registering when using a credit card, ACH, or WSOP Tournament Account as the method of payment. Once I have pre-registered online, how do I complete my Pre-Registration and receive my Tournament Entry Receipt and Seat Assignment? + For participants that registered online in advance, please proceed to the WSOP FasTrac / Caesars Rewards area in the Burgundy Room in the Paris convention center to get verified and receive seat cards and receipts at least one hour prior to event start time.
- Online-registered participants must present current valid and unexpired photo identification (passport, driver’s license, state identification card, or military identification card) acceptable to Paris in person at the Tournament verification area to complete first time online-registrations.
- If the online method of payment was credit card, the exact card used must be presented at time of verification.
Once participant has completed the verification process, participant can bypass the above process for future online registrations and can proceed to any WSOP FasTrac kiosk to print seat cards and receipts. Am I guaranteed the starting day I choose if I Pre-Register? + Yes.
- Will I receive confirmation after I Pre-Register? + Yes.
- We will send an email confirmation once the registration is processed.
- Do I have to Pre-Register to play in WSOP? + No.
- You may sign up for any event in person at the Paris up until an event begins and past depending on late registration for that event.
Please refer to the event’s structure sheet for more information. Will a Caesars Rewards Card be required for Tournament Play? + Yes. If you wish to register for a tournament or play in live-action games you must have a Caesars Rewards Card you can visit the online Caesars Rewards site to create an account, pending certain jurisdictions.
- How do I get a Caesars Rewards Card? + Visit any of our Caesars Entertainment Properties in the U.S., or by visiting the Caesars Rewards Desk in the WSOP Tournament Area, upon arrival at the Paris.
- A valid Photo ID will get you a Caesars Rewards Card in less than 5 minutes.
- Or you can visit the online Caesars Rewards site to create an account, pending certain jurisdictions.
What Photo IDs are acceptable? + The following forms of ID are acceptable: US RESIDENT:
Driver’s license or State issued Photo ID US Passport, Passport Card, or Military ID must include a second form of ID. An unexpired governmental ID verifying physical address such as a valid Driver’s License will also be required. Permanent Resident Alien Card (Must say Permanent, if not must show Passport)
ALL OTHER COUNTRIES:
Foreign passport – We can accept a current, non-expired passport (We will NOT accept passport cards, visa cards or consular ID) (A second form of ID that indicates physical address will be required, i.e. driver’s license, utility bill, credit card statement, etc.) Foreign government issued Driver’s License –Must have a photograph, the date of birth and a valid expiration date.
Will I earn Caesars Rewards Credits while I play at WSOP? + You will earn Caesars Rewards credits for playing in WSOP events or WSOP Live Action (cash games). You will not earn Caesars Rewards credits for playing in WSOP Single Table Satellites. Can someone else Pre-Register for me? + No, third-party registration is prohibited unless an organization is an approved WSOP satellite licensee.
How do I become an official WSOP satellite licensee? + You must contact Johnny Hernandez by emailing at [email protected] after you have verified you/your organization qualifies to host a satellite. What hours are the WSOP Cashiers Cage open? + The WSOP Cashiers Cage will be open 24/7 beginning at 9:00 a.m.
on Tuesday, May 31 st, 2022. When does Registration at the Paris Cage begin? + Registration for bracelet events is open now at the Paris Main Cage. What forms of payment are accepted at the Paris? + Cash, live Casino Chips, Cashiers Check and Wire Transfers (5 day waiting period for checks or wires).
Wire Transfers (14 day waiting period) Credit Cards/ACH – Available for events with buy-ins of $10,000 or less. Available until the close of registration for the event. WSOP Tournament Credits – Available until the close of registration for the event.
Can someone Register for me and pay my Tournament Entry at the WSOP Cage? + No. May I transfer my Tournament Entry to someone else? + No. Tournament Entries are non-transferable. Can Tournament Entries be pre-paid over the phone with a Credit Card? + No.
All payments made through use of a Credit Card must be accomplished through the Online-Registration and WSOP FasTrac system or in-person starting May 31 st, Can I receive a refund on my Tournament Entry? + Yes. There is a cancellation and refund policy as outlined in the 2022 Tournament Rules available on www.wsop.com/2022/,
Please see tournament office for the appropriate forms. Cancellation of online registration is available online to the participant until the participant has tickets printed for the event or up until 24 hours before the event has started. Do I have to Pre-register for Single Table Satellite Games? + No.
You can register for Single Table Satellite Games at the Single Table Satellite Cage the day of the satellite. Will I be paid in cash if I win a Single Table Satellite? + You will be paid with WSOP Tournament Buy-In Chips in $500 increments. Any winnings inside of a $500 increment will be paid in cash.
Are the Tournament Buy-In Chips won in a Single Table Satellite redeemable for cash? + No. They must be used to buy into WSOP Tournaments at the Paris from May 31 st, 2022, through July 20 th, 2022. Can the Tournament Buy-In Chips won in a Single Table Satellite be used for any WSOP Event? + They can be used for all WSOP Bracelet Events, as well as other WSOP Tournament and Satellite offerings of $500 or greater at the Rio from May 31 st, 2022, through July 20 th, 2022.
If used for an event of less than $500, any remaining balance from the chip will be forfeited. If I don’t use my Tournament Buy-In Chips at WSOP this year, can I use them in future WSOP Events? + No. All WSOP Tournament Buy-In Chips will expire on July 20 th, 2022 and will not be accepted at any future WSOP event or any other event at Paris or any of its affiliates.
Do I have to pre-register to play in Live Action? + No. Live Action Games are open 24/7 year-round at Bally’s, and you need not register in advance. During the WSOP, Live Action will be located in the Paris Ballroom Green section and King’s Lounge section of the WSOP Tournament Area as well as in the Bally’s Poker Room, located next to the Nosh Deli and Keno.
- Please see a Live Action Supervisor to sign up for a game.
- What limits will be offered in Live Action? + Our smallest cash games will be $1-$3 No Limit Hold’em and $2-$4 Limit Hold’em.
- Our biggest games will be as high as anybody would like to play.
- We will also have Pot Limit Omaha, Omaha 8/B, Razz, 7 Card Stud, 7 Card Stud 8/B, 2-7 Triple Draw Lowball, A-5 Triple Draw Lowball, Badugi, Big-O and just about everything else you can imagine.
Can I pre-register for a Circuit Event? + We do not offer pre-registration for WSOP Circuit Events at this time. WSOP Circuit Event schedules, as well as all the latest news and information pertaining to Circuit Events are posted and continuously updated at www.WSOP.com,
Can Men Play in the Ladies Event? + The Ladies event is designed for women; however, men can play. The entry fee for the event is $10,000. Women will receive a discount of their entry fee, as their buy-in will be $1,000. What is a “Six Handed” event? + You will be playing against only five other players, or even less at some points, for the duration of the event.
This tournament is also described as a “short-handed event.” The same principle applies to seven and eight handed events. What is a “Shootout” Event? + In a ‘shootout’ poker tournament format, you must beat all of the players at your table in order to move on to the next round.
- For example, in a shootout tournament with 1,000 players, you would start out with 100 tables of 10 players each.
- Then each table of ten would play down to one person.
- Those 100 remaining people would then play at ten tables until each table had one player remaining.
- Lastly, the final table ten players get together to fight it out for a bracelet! How many bracelets events in the 2022 WSOP in Las Vegas? + Produced exclusively by Poker Central, there will be 18 different 2022 WSOP bracelet events to be televised.
Can anyone come and watch the WSOP? + Guests are welcome to observe the WSOP in action – free of charge. All spectators must be at least 21 years of age to enter the Paris Ballroom, Grand Ballroom, or Event Center, however, per gaming regulations. Is there valet service at the WSOP? + Valet will be available through the main hotel valets at both Bally’s and Paris.
What are the rules on photography in the WSOP? + Photos may be taken in the WSOP tournament area. Flash photography and filming are strictly prohibited. Will I be able to get player autographs? + Most players will happily oblige autograph requests between events. Please be mindful not to make a request while they are seated and playing at a table.
Staff are not allowed to request autographs. How can I deal for the WSOP? + Dealers may apply online at https://www.caesars.com/careers Go to and select States/Provinces: Nevada; then Select Properties: WSOP; Begin Search. WSOP staff members will be contacting those who apply to schedule auditions.
Are there other employment opportunities at WSOP? + Other interested candidates may apply online at https://www.caesars.com/careers Go to and select States/Provinces: Nevada; then select Properties: WSOP; Begin Search How do I secure the poker room rates for my hotel stay? + Players will make their room reservations at the pre-entrant rates.
Upon arrival in Las Vegas, if not already booked, they can provide their tournament receipt to the reservations desk and have the rates converted to the special WSOP entrant poker rates upon availability. Las Vegas hotels include Rio, Paris, Ballys, Harrah’s, Flamingo, Caesars Palace, Planet Hollywood and The Linq are all offering discounted rates for WSOP players.
Follow the link at www.WSOP.com/reservations under the registration tab to book your room online now at the best rates available! Where Do I Park for WSOP? + There are two major parking facilities available to guests.1) The Paris Las Vegas Parking Garage and 2) The Bally’s Parking Lot (located directly behind Bally’s off Koval Lane).
Valet services will also be available at the main hotel entrances of both properties. Parking Prices are as follows:
1st Hour: Free 1-3 Hours: $15 3-24 Hours: $18 Over 24 Hours per day:$18 Hotel Lodger: $18 Locals with valid Nevada ID: Rates apply after the first 3 hours, excluding during event pricing. Caesars Rewards Platinum, Diamond, Seven Stars: Free Rates on Friday and Saturday increase to $23/day for non-lodgers but remain at $18/day for hotel guests.
Reduced weekly parking passes for extended stays are available for purchase at the WSOP Main cage inside the Champagne Ballroom in Paris for $100, a 40% discount. Caesars Rewards Credit Card holders receive complimentary parking at all Caesars properties.
You can apply for the Caesars Rewards Visa Card in person at the WSOP Caesars Rewards Center located at the entrance of the Paris Convention Center, the Caesars Palace Caesars Rewards center, or at any of the following casino cages: Bally’s Las Vegas, Paris Las Vegas, Planet Hollywood, Harrah’s Las Vegas, Flamingo Las Vegas, or Rio All-Suite Hotel and Casino.
During sign up you will be asked which of the following locations you’d like to pick up your new Caesars Rewards Credit Card: Caesars Palace Caesars Rewards Center, or at any of the following casino cages: Planet Hollywood, Harrah’s, Flamingo, or Rio.
- Once you have made a purchase of at least $1, you may return to the cage where you picked up your new credit card, have it validated, and enjoy free parking at any Caesars property.
- For more information regarding parking, visit Caesars parking at https://www.caesars.com/parking on the Caesars Rewards wesbite.
Can I set up as a vendor at WSOP? + For vendor information please contact Johnny Hernandez by emailing at [email protected], Where can I get WSOP Merchandise? + During the WSOP, a retail store will be operating inside the Champagne Ballroom immediately on your left as you enter in the Paris convention area, providing a wide array of souvenir merchandise to choose from.
- How many players are paid for an event? + The WSOP pays out approximately 15% of the field size, but it varies slightly from event to event.
- What must I provide to collect Tournament Winnings? + Winners must show their current valid picture identification (driver’s license, state identification card, or military identification card, U.S.
passport or U.S. passport card) acceptable to Caesars Entertainment in order to collect prizes. Any ID without an address, will require a secondary unexpired government ID that can verify physical address. If a participant is not a U.S. citizen, a current passport, consular identification, or alien registration card is required.
U.S. Residents : A Social Security Number.U.S. residents not providing a Social Security Number will be subject to 28% tax withholding. Foreign Residents of U.S. Tax Treaty Countries : Must provide an Individual Tax Identification Number. Foreign Residents of Treaty Countries, not providing an Individual Tax Identification Number, will be subject to 30% tax withholding. Foreign Residents of U.S. Tax Non-Treaty Countries : Will be subject to 30% tax withholding.
May I apply for an Individual Tax Identification Number during the WSOP? + Tournament Staff will assist WSOP winning foreign players from United States Tax Treaty Countries in applying for an Individual Tax Identification Number. Appointments must be made with our Compliance team after the player has won an amount over the $5,000 threshold mentioned above.
- Due to regulatory restrictions, this service is not available to foreign players that have winnings from WSOP.com online events,
- How can I watch the WSOP events this year? + WSOP will broadcast with partner CBS Sports for a second season of coverage with daily streaming on PokerGo.
- Who has won the most WSOP Main Events? + Currently, Johnny Moss and Stu Unger are tied with three times each.
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Why can’t Monaco residents go to the casino?
Monaco citizens are not allowed to gamble in Monte Carlo Casino due to moral reasons. For special gamblers, who, even losing, can not stop, there are bans and maximum bets on the game. Sometimes the player himself asks the casino administration to apply strict restrictive measures against him.
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Is GTO the best way to play poker?
GTO Poker Meaning: What Exactly Is GTO? – The term GTO poker strategy comes from “game theory optimal,” the full name of the strategy that was invented over the last decade. Game theory optimal, or GTO poker strategy, is a strategy that seeks complete balance in the game, making your plays 100% unexploitable by your opponents.
- This style of poker is the exact opposite of the exploitative poker strategy, which most players from the older generations employ.
- While exploitative strategy seeks to find holes in other players’ games and use them, GTO poker strategy seeks perfect balance, protecting the player from anyone else exploiting them and gradually creating profit based on imperfect plays by other players.
When playing GTO, you will be bluffing and value betting on every street of every hand with various holdings, and you will not care about what your opponent does. While this may sound like a bad way to play poker at first, GTO is a proven strategy that works like a charm, especially in heads-up poker,
In fact, computers have only been able to really solve heads-up play thus far, but many of the concepts of GTO play can be employed in 6-max games and ring games as well. So, let’s start talking about how the GTO poker strategy actually works and all the game theory concepts you need to understand before you start playing.
Read Fedor Holz’ thoughts on GTO Poker Solvers.
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Why are citizens not allowed Monte Carlo Casino?
Propositions to legalise or expand commercial gambling are never without controversy, yet they never stop surfacing. This month in the Bahamas, residents will vote on a referendum to expand legalised gambling – a proposal which faces fervent opposition from local church groups.
- In the US, politicians in Kentucky have been trying to legalize casino gambling since 2008, so far to no avail.
- Also in the US, efforts to expand casino gambling in Maryland recently concluded with voters approving the construction of a billion-dollar casino at the National Harbor, a 350-acre waterfront development near Washington DC.
The argument for commercial gambling says that it stimulates the economy by promoting tourism, increasing tax revenue and creating jobs. The argument against says that commercial gaming harms both the economy and people by increasing rates of bankruptcy, addiction, violent crime, theft and substance abuse, in addition to taking business away from surrounding attractions.
Both sides are right. But the gaming industry’s economic impacts don’t look the same everywhere in the world. Macau was just named the world’s second fastest growing economy, a title owed almost entirely to its casinos. This Special Administrative Region of China rakes in more than five times the amount of gambling revenue that Las Vegas does each year; in 2012 alone, its casino revenue rose 13.5% to 303 billion Macau patacas.
Macau’s casino boom has created a lot of jobs, too. About 45,000 casino-related jobs have opened up in the last seven years, causing the unemployment rate to drop to a mere 2%, according to the Associated Press (AP). These jobs don’t require a high level of education, but they do pay well, offering salaries often 30% to 40% higher than comparable non-casino jobs in Macau, the AP reports.
That’s not necessarily the case everywhere though; in the US, for instance, gaming dealers can make as little as minimum wage. (The Boston Globe provides this glimpse into the kinds of jobs US casinos create and their associated salaries.) The situation in Macau has a lot to do with geography. It is the only place in China where casino gambling is legal, so the vast majority of gamblers are tourists from mainland China.
If casino gambling was to become legal elsewhere in the country, there’s a strong chance that Macau’s economic growth could start to slow. This is what happened to New Jersey’s gambling destination, Atlantic City. Since 2006, surrounding areas in Pennsylvania, Delaware, West Virginia, New York and Maryland have built casinos; and each year since 2006, Atlantic City’s gambling revenue has steadily dropped, reports the Atlantic magazine.
Even in Macau, there have been social costs. According to the AP, the country’s income gap has grown, property prices have risen and there’s been an increase in problem gambling. One study on gambling addiction finds that living within 80km of a casino makes someone twice as likely to become a problem gambler.
In tiny Macau (with a land area of just 29sqkm), all residents live within a short driving distance from the casinos. The potential ill-effects of commercial gambling on a community’s own citizens cannot be ignored. It was for this reason that in Monaco, home to the infamous Monte Carlo Casino, gambling has always been illegal for its own residents.
- When Princess Caroline developed Monte Carlo Casino in the mid-1800s, she was adamant that Monegasques should not be allowed inside, and that gambling revenue should come only from foreigners.
- In exchange, citizens of Monaco do not have to pay income taxes.
- Monaco’s successes, with its citizens enjoying a high standard of living, can also be contributed to the fact that the city does not rely solely on its casinos for economic development.
Its efforts to be a well-rounded tourism destination have resulted in 11% of its revenue coming from tourism, compared to just 4% coming from gambling. Finance and banking account for a large chunk of its economy as well. Another tourism-driven economy – that of the Bahamas – is currently dealing with the question of whether its own citizens should be allowed to gamble.
- The referendum on 28 January concerns exactly that.
- Currently Bahamians are banned from gambling inside the beach resort casinos, meant for tourists only.
- However, underground gaming locales, called “web shops”, have emerged where locals can place illegal bets on US lotteries that are broadcast on television.
This month, citizens will decide whether these web shops should be made legal and whether they would support the creation of a national lottery. They would still not be allowed to gamble in the casinos aimed at tourists. Plenty of economists argue that casinos do not only create social woes, but economic burdens as well.
According to a paper from the University of Illinois at Urbana-Champaign, multiple studies in the US have found that casino gambling costs taxpayers three times the amount that it generates in state taxes – because it tends to cause an increase in social welfare costs, regulatory costs, criminal justice costs and infrastructure costs.
Multiple studies also show that certain forms of gambling amount to a “regressive tax” on the poor. Numbers lotteries in particular (the same ones in question in the Bahamas right now) have been shown to take money away from the people who can afford it the least.
- A strong case can also be made for slots machines in casinos creating a regressive tax, since these operate much like lotteries, producing the worst odds for players and the best odds for the house.
- For this reason, some governments tax slots games at a higher rate than other casino activities, such as table games.
University of Illinois business professor John Warren Kindt argued that although casinos initially create jobs, in the long-term, legalised gambling can cause job loss as well. For one thing, gambling addiction has been linked to job loss, with problem gamblers twice as likely to lose their jobs as nongamblers.
For another, casinos often take profits away from surrounding businesses. Casinos work to keep customers inside their establishments (and out of nearby businesses) by providing them with drinks, food, shopping and accommodation, and by implementing strategic interior design techniques, Local businesses also have a hard time competing, writes Kindt, because casinos have addiction on their side.
If, as a result, surrounding businesses are forced to close, non-casino jobs are lost. At the end of the day, the net impact of legalised gambling on a community is difficult to assess. What seems clear, though, is that making casinos a silver bullet for the economy is a risky bet.
If gaming inhabits a space within a diversified tourism industry and within a diversified economy, though, communities may benefit – if they can successfully measure and manage gambling’s social and economic costs. Travelwise is a BBC Travel column that goes behind the travel stories to answer common questions, satisfy uncommon curiosities and uncover some of the mystery surrounding travel.
If you have a burning travel question, contact Travelwise,
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Can anyone gamble Monte Carlo?
The Legal Landscape – So to start, Monaco’s citizens aren’t actually allowed to gamble in their famous casinos. In fact, they’re not even allowed inside – although this law is relaxed for casino employees, as lawmakers wisely agreed it help to be able to get into the building you work at.
However, foreign nationals are free to gamble in the casinos and given that they make up 80% of the 36,000 population, that’s most of the country anyway. The history of the gambling ban itself is a large part of why Monaco has the identity it does today. Charles III, Prince of Monaco in the late 1800s, created the restriction during a fiscal crisis.
With the country on its knees financially, Charles took to studying the economics of neighbouring countries and hatched a plan to create a gaming industry targeting, amongst others, the English upper class. To allow his own citizens to gamble would’ve been counter productive to his aim of bringing money into the country, so he banned them.
His idea worked so well that Monaco paid off its current debts and had such sustainability from their gambling industry that they were in a position to abolish taxes. The secret to Monte Carlo’s success was the French entrepreneur François Blanc, a.k.a. The Magician of Monte Carlo, who invented single-zero roulette – a game that remained exclusive to Monte Carlo until 1933.
Monaco’s royal family, the House of Grimaldi, still reigns today and is the longest running monarchy in the world, having ruled since 1419. They are a major shareholder in SBM, the company that owns Monte Carlo casinos and most of the general tourism industry in Monaco.
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Are Macau poker rooms open?
While the buy-in is high, you can sit at any of the 11 tables offering daily and weekend tournaments, pot-limit Omaha games, and no-limit hold’em. The poker room is open round the clock and boasts of a high-end experience with automatic shufflers and cocktail servings.
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Can you play poker on William Hill?
Start Playing Poker Online – It’s easy to register for a William Hill account to play online poker, just click the ‘Join’ button. Enter your information requested on our registration page, then click to confirm. Add your deposit, and you’re ready to play your first hand.
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Where is the 2022 World Series of Poker going to be held?
Where is the WSOP Moving to in 2022? – The WSOP will be held at Bally’s and Paris Las Vegas Hotel on the Las Vegas strip. This is the first time since 2005 that the event isn’t being held at the Rio All-Suite Hotel.
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Where is the World Series of poker moving to in 2022?
Poker’s Flagship Event Moving to the Strip at Bally’s and Paris Las Vegas May 31 – July 20 – LAS VEGAS (February 23, 2022) – The 53rd World Series of Poker® (WSOP®) – the richest, most prestigious and longest-running poker series – today announced the daily event schedule for 2022.
Following a successful 17-year run at the Rio All-Suite Hotel & Casino, the WSOP moves to the Las Vegas Strip for the very first time at Bally’s, the future Horseshoe, and Paris Las Vegas Hotel & Casino, and will feature the WSOP’s inaugural Master of Ceremonies, Vince Vaughn. The move to the Strip builds upon the legacy for Caesars Entertainment’s World Series of Poker, as the first-ever tournament was played at Las Vegas’ original Horseshoe in 1970.
Doors open on Tuesday, May 31 with exciting action through the event’s conclusion on Wednesday, July 20. “This year is particularly historic for the WSOP with its move to the heart of the Las Vegas Strip and debut in the best facilities we’ve ever had,” said Ty Stewart, the WSOP’s Executive Director residing over his 17th WSOP.
“We’re ready to welcome players from all over the world to our housewarming party at Bally’s, soon-to-be Horseshoe, and Paris. The schedule is jam-packed with first-class events and we expect this to be the biggest and most anticipated WSOP yet.” WSOP will again feature the much-anticipated $10,000 No-Limit Hold’em World Championship, also known as the “Main Event”, which in 2021 hosted 6,650 entrants from around the world despite taking place during a pandemic.
This year’s Main Event is back to its traditional time frame around the July 4 holiday, beginning on Sunday, July 3. The legendary deep-stack tournament will continue play through the Final Table on Friday, July 15 and Saturday, July 16. The WSOP’s new home will include all convention space at both Paris Las Vegas and Bally’s.
- This will create the largest tournament capacity in the event’s history with over 200,000 square feet and 600 poker tables.
- The 2022 WSOP will host a wide variety of tournaments ranging in price from $400 to $250,000.
- The main cage will be placed at Paris Las Vegas while the TV set staging will be in the Bally’s Event Center as the two buildings are connected and share a parking garage.
This year’s tournament will also feature a $5,000,000 guaranteed prize pool WSOP opening weekend dubbed “The Housewarming”, featuring a $500 buy-in. This popular price point for the opening weekend has generated some of the largest field sizes in the history of poker.
- Last year’s “Reunion” event generated a whopping 12,973 entrants and organizers are expecting an even larger field as the event returns to its traditional summer schedule.
- WSOP will work with broadcast partner CBS Sports for a second season of coverage with daily streaming on PokerGo.
- Produced exclusively by Poker Central, there will be 18 different bracelet events to be televised with a minimum of 15 hours of coverage for the 2022 Main Event.
When booking early, entrants of the WSOP bracelet events can enjoy reduced hotel room rates at Bally’s and Paris, as well as all Caesars Entertainment resorts in Las Vegas by using the special advanced booking code “WSOP22”. Rates are based on availability and are subject to change.
To view a complete list of rates across all Caesars Entertainment properties, please visit our Reservations page. Schedule highlights below. To view the entire gold bracelet schedule, please visit WSOP 2022 Schedule where a downloadable version is provided. New and Noteworthy: Return of the Record Breakers : June 11-July 16 – Each Friday and Saturday of the 2022 WSOP will see one of the WSOP’s flagship No-Limit Hold’em events.
The Millionaire Maker, Monster Stack, Colossus and The Closer all return with multi-million-dollar prize pools and significant value. BRAND NEW $1,000 Buy-In Million Dollar Bounty : July 2-4 – Originally announced for 2020 WSOP and featuring a mystery bounty for up to $1 million that players draw for, this begins as a regular tournament with those who advance to day two claiming the bounty of players they knock out.
- Each player who knocks someone out also gets an additional prize bounty.
- BRAND NEW Tournament of Champions : July 18-20 – The WSOP will culminate with its first-ever Tournament of Champions, a $1,000,000 free roll tournament open to any of the 88 bracelet winners and gold ring winners from the 2022 WSOP Circuit season.
The Tournament of Champions will be the first time all WSOP winners in a given year are brought together for one ultimate bragging rights event featuring regional grinders and international superstars. Mid-stakes Events : June 1, 8, 15, 23, 30 and July 11, 13, 16 – Ranging between $2,000 and $5,000 No-Limit Hold‘em, 2022 features an expansion of mid-stakes events throughout the series (with the addition of $2k and $3k no limit events this year).
100,000 High Roller Bounty No-Limit Hold’em : May 31 – This new high stakes offering is sure to entice poker’s elite as each player they eliminate will award them a $25,000 bounty prize in addition to competing for one of this year’s largest event prize pools on the schedule. $25,000 Buy-In Heads Up No-Limit Hold’em Championship : June 2 – The WSOP’s annual heads-up championship goes for prestige with an increase to $25,000 and a cap of 64 players, certain to be a roster of the world’s elite.
$1,000 Buy-In Flip and Go Presented by GG Poker : June 12 – The popular online format is galvanized into a live event. Each player will be all in preflop on the first hand, dealt three cards and selecting two. One player will win the table and immediately fast forward into the money, where the tournament will then play out under a traditional structure.
1,000 Buy-In Seniors Championship: June 22-23 – The record-smashing Seniors No-Limit Hold’em Championship will return for the second year, with players allowed one optional re-entry per flight. $777 Lucky Seven’s: July 10-12 – The name says it all. The Buy-In is $777 with a $777,777 guaranteed first place prize.
$1,979 Poker Hall of Fame Bounty: July 10 – In homage to the Poker Hall of Fame (PHOF) that started in 1979, living Hall of Fame members will be invited to freeroll into the $1,979 No-Limit Hold’em tournament open to all players. Each participating player will have a bounty corresponding to the year they were inducted into poker’s most exclusive club and the 2022 PHOF inductee will be announced.
WSOP.COM Online Bracelets : Popular WSOP Online bracelet events are back including each and every Sunday during the summer, with three special “Double Up Bracelet Days” on June 5, July 10 and 17. The schedule is highlighted by popular events including the BIG $500, a Lucky Sevens $7,777 high roller, two freezeout events and the signature $1,000 NLHE Online Championship.
In addition, Daily Deepstack tournaments return at 2 p.m., 5 p.m., and 9 p.m. on most days in the Paris Ballroom, which will also be the location for satellite tournaments and live action daily. Key Operational Notes COVID-19/Vaccination: The WSOP will follow local, state and CDC guidelines relating to COVID-19 that are in effect during the event.
- While there will be no vaccination requirement to play in the tournament, players will be accountable to follow CDC guidelines appropriate to them as individuals.
- Based on current state guidelines masks will not be required.
- Online Registration: To avoid queues and congestion, WSOP encourages players to utilize the online/mobile registration process to sign-up for events, allowing players to register and pay online.
WSOP uses www.BravoPokerLive.com to manage online/mobile registrations. Players who register online will need to visit the Champagne Ballroom located in the Le Centre Des Conventions at Paris Las Vegas and have their identification validated. Once verified, players can simply pick event(s) online via Bravo, utilize the self-service kiosks located throughout the Paris and Bally’s convention centers to print their seat cards, and go directly to their table.
Registration will open in May. WSOP will announce to the public when it is live. In-Person Registration: The main registration area will be located in the Champagne Ballroom with more stations added to both the main registration and VIP cages. Hours of operation begin Tuesday, May 31 at 9:00 a.m. and will remain open 24 hours a day non-stop through Sunday, July 17.
Guests are required to present valid photo identification, along with their Caesars Rewards card and payment to enter events. Caesars Rewards (CR): The location will be in the Champagne Ballroom near the main and VIP registration cages for players to obtain loyalty cards.
Caesars Rewards kiosks will also be available for players to reprint their card without having to visit a CR representative. Methods of Payment for WSOP Events: Cash, credit/debit cards (Visa, MasterCard, Discover or American Express), ACH, wire transfers or cashier’s checks drawn from the registrant’s accredited bank account and made out to Participant or Paris, Paris or Bally’s gaming chips, Paris Tournament Buy-In Chips, or Tournament Buy-In Credit are all acceptable forms of payment for 2022 WSOP.
Additional fees will be incurred on all ACH/credit/debit card transactions. Participants using credit/debit cards must have a valid ID that matches the cardholder’s name present on the credit card used for the transaction. WSOP Tournament Account: Players can wire in funds for WSOP events or place money on account when they arrive.
After setting up an account at the WSOP Main Cage in the Champagne Ballroom, the player will have the option to register online or via mobile device (through www.BravoPokerLive.com) for WSOP tournaments with the funds used to initiate the account and simply print seat card(s) at one of the kiosks – avoiding the need to use the registration line to enter events.
Payouts – Players collect their winnings at the WSOP Main Cage in the Champagne Ballroom. Players can request one of the following methods of payment: cash, wire transfer, casino chips, check, or tournament account deposit. Those who have a Bravo Tournament Buy-In Account can direct funds back to their account.
International Players Applying for an ITIN: International players are required to bring an additional form of identification that shows residential address, such as a signed lease agreement, a utility bill or a mobile phone bill. Satellites for WSOP gold bracelet events have begun on WSOP.com and will run continuously through the event.
Outside the U.S., the WSOP has deepened its partnership with GG Poker who has exclusivity to run satellite packages to the WSOP. More details to be announced soon. Deposits for WSOP.com will now be located just past the Payouts & Player Services in the Champagne Ballroom, which were previously located at the Rio in the Lambada Room.
- To view important details about this year’s event, visit WSOP.com/2022.
- This page will be live leading up to and during the event, where players can find all relevant information about the WSOP.
- Structure sheets for each individual event are expected to be posted on WSOP.com beginning in March.
- Players must bring with them valid government-issued picture identification with current residential address, as well as a secondary form of ID (like a bill or statement confirming address).
Players residing outside the United States must have a valid passport, in addition to another form of credible identification that includes address information. The schedule, events, start times, end times and locations of events are subject to change.
Tournament chips have no cash value. Winners will be required to provide a valid picture ID. Tax forms will be completed for those with winnings in excess of $5,000 net of event buy-in. Players without a Tax Identification Number and foreign players from non-tax treaty countries are subject to up to 30 percent tax withholding.
WSOP reserves the right to cancel, change or modify the tournament or any tournament event, in part or in whole, without notice. WSOP Europe 2022 WSOP Europe will be back to King’s Casino in Rozvadov, Czech Republic running from Wednesday, Oct.12 through Thursday, Nov.3.
- The tournament will include 15 gold bracelet events, including 10,000 euro buy-in Europe Main Event and a 50,000 euros High Roller event.
- For more information on King’s Casino and to book hotel rooms, visit https://kings-resort.com/,
- Are you 21 or older and looking for a way to make some cash this summer? WSOP is also seeking Team Members to support the operations in Las Vegas.
Opportunities include poker dealers, cage cashiers, Caesars Rewards representatives, tournament clerks and more! Apply online at www.caesars.com/careers or contact us by phone at 702-967-4402 or by emailing us at [email protected], About the World Series of Poker Part of Caesars Entertainment’s Caesars Digital operations, the World Series of Poker® is the largest, richest and most prestigious gaming event in the world, having awarded more than $3.29 billion in prize money and the prestigious gold bracelet, globally recognized as the sport’s top prize.
- Featuring a comprehensive slate of tournaments in every major poker variation, the WSOP is poker’s longest-running tournament in the world, dating back to 1970.
- In 2021, the event attracted 127,075 entrants from 40 different countries to the Rio All-Suite Hotel & Casino in Las Vegas and awarded more than $237 million in prize money.
In addition, the WSOP has formed groundbreaking alliances in broadcasting, digital media and corporate sponsorships, while successfully expanding the brand internationally with the advent of WSOP Europe in 2007 and the WSOP Asia-Pacific in 2013 and the WSOP International Circuit Series in 2015.
- For more information on the WSOP, please visit www.wsop.com,
- About Caesars Entertainment, Inc.
- Caesars Entertainment, Inc.
- NASDAQ: CZR) is the largest casino-entertainment Company in the U.S.
- And one of the world’s most diversified casino-entertainment providers.
- Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc.
has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences.
All tied to its industry-leading Caesars Rewards loyalty program, the Company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework.
Know When To Stop Before You Start.® Gambling Problem? Call 1-800-522-4700. For more information, please visit. www.caesars.com/corporate, Media Contacts: Brad Harwood, [email protected] Jeffrey Sanders, [email protected]
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What casino is the World Series of poker at 2022?
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The price of this poker paradise Famous poker faces WSOP bracelets: how much are they worth and what do they represent?
“At Horseshoe, it’s all about the gambler. Since 1951 Horseshoe Casinos have been home to the best odds, highest limits, and biggest jackpots. So, it’s fitting that we bring Horseshoe back to Las Vegas, and right on the Las Vegas Strip,” Jason Gregorec, SVP and General Manager explained in a press release earlier this year.
- Holding to the Horseshoe tradition of providing impeccable service, our guests will see the property transform over time, ensuring we aren’t disrupting the excitement while we make the transition.” The 2022 World Series of Poker started on Tuesday 31 May, concludes with the H.O.R.S.E.
- Championship on Wednesday 20 July 2022 with the Main Event underway since last Sunday (3 July).
It will follow a multi-flight format with four starting flights in the Main Event, with five 90-minute levels played on Day 1 with cards in the air from 11 a.m. local time. The 2022 WSOP will host a wide variety of tournaments ranging in price from $400 to $250,000 and 88 live bracelet events,
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Where is PokerGO located?
PokerGO is an over-the-top content platform based in Las Vegas, Nevada.
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