Hellmuth on GPI, new Federal bill to ban online gambling and more

  • Two new online Poker bills is California have been introduced, a new federal bill concerning all online gambling is planned, Full Tilt Poker player repayment process begins, Nevada and Delaware agree to share player pools, etc.

  • Lots of big news this week! Two new online Poker bills is California have been introduced, a new federal bill concerning all online gambling is planned, Full Tilt Poker player repayment process begins, Nevada and Delaware agree to share player pools, etc. These are just a few of the most talked about poker topics this week.

    Phil Hellmuth on GPI

    Yesterday 13 WSOP Gold bracelet winner Phil Hellmuth went on Twitter rant and described GPI’s poker player ranking system as flawed. As he put it, he cannot respect a ranking system that takes into account results in in High Roller and Super High Roller events.

    For someone who does play HR and SHR events quite rarely, his opinion seems natural. But the question is should really GPI not include HR and SHR events?

    Poker players has recognized GPI as one of the most sophisticated ranking systems. So what’s the problem? Maybe it’s because Hellmuth’s buddy, poker pro Daniel Negreanu who rarely misses a HR or a SHR event is currently first on GPI while Hellmuth is 149th? So, despite a few reasonable performances by Hellmuth I recent years, the gap is massive while all the young Germans like Ole Schemion who had great results in HR and SHR events are in the GPI’s Top 10.

    What do you think? Go to our Facebook or G+ page and leave a comment!

    New Federal Bill is planned

    While several U.S. states are working on online poker bills individually, a new federal online gambling bill is planned. The men behind it are Harry Reid (D) who tried to pass a federal online poker bill in 2012 and Dean Heller(R). The goal of the bill is to ban online gambling in U.S.

    The good news is online poker is an exception. Even though it’s not directed straight in favor of online poker, the fact that it’s separated from casino games, bingo and sports betting may help decriminalize online poker faster.

    There are currently no information on when exactly do they plan to introduce the bill but it would require changing the 1961 Wire Act so for online poker it would be a great step towards federal legislation.

    Full Tilt Poker Payments

    Finally, the story is moving along. After almost 3 years of bureaucracy, allegations, confessions and frustration some real action concerning Full Tilt Poker money will soon begin. Players will get the first batch of money this Friday! It’s just the first round of repayments but hopefully the sage will been soon completed.

    This of course is directed towards U.S. poker players because “Rest of the World” players got their share of a total $547 million once Pokerstars acquired Full Tilt Poker in July, 2012. But if you’re an American and have your funds held in Full Tilt Poker, this is definitely good news for you.

    See yesterday’s Pokernews.com report if you want to know more.

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