Thursday, November 12, 2009

Joe Cada Comments on WSOP Main Event Victory, by Dan Cypra - Poker News Daily - 12th November 2009

Poker News Daily: Congratulations on the big win in the 2009 World Series of Poker (WSOP) Main Event. How are you feeling after the victory?

Joe Cada: It hasn’t quite hit me yet, but I’m feeling really good.

PND: How were you able to handle the busy schedule prior to taking to the felts?

Cada: Before the final table took place, there was a long gap in between and I tried to not think about it too much. Instead, I tried to continue my normal lifestyle. Fortunately, I ran really well and, going into heads-up play, went from a big underdog to a big favorite.

Darvin was playing great poker and took over the chip lead relatively quickly. I came in with a game plan of playing a lot of hands in position and playing a lot of small ball poker waiting for him to make mistakes. It blew up in my face. He just wanted to play big ball poker, put me in a lot of tough spots, and played really well. It was rough at the start, but I tried to remain focused and turned it around.

PND: Darvin Moon took a 3:1 chip lead heads-up after re-raising on a board of A-5-3 and you folded. Tell us about that hand.

Cada: It’s one of those things that heads-up, you’re playing a lot of hands. More times than not, you’re not going to make a lot of hands. Darvin likes to trap a lot and check-raise a lot. I never played back at Darvin during the course of the heads-up match. I raised pre-flop, the flop came A-5-3, he decided to lead out, and I took a shot. I made a raise, but every time I tried to raise or bluff, it backfired. That was another example of that happening.

PND: You doubled heads-up after calling all-in with J-9 on a board of 10-5-9-10. Tell us about your thought process there.

Cada: I raised pre-flop to the standard two and a half big blinds and he called. The flop came 10-9-5 and he loves to check-raise, so I checked behind for pot control. The turn brought a ten. The board was 10-9-5-10 with two clubs and he decided to check again. A lot of the hands weren’t checked down to the river. I bet three million into a six million pot and then he jammed all-in. I took a lot of time to make decision and didn’t see him open-jamming the way he had been playing with a ten. There were hands like 7-8, J-Q, and clubs – random hands I could see him jamming with – and I opted to go with the correct call even though I wasn’t happy about it, but it worked out.

PND: What went through your mind when you realized you had become the 2009 WSOP Main Event Champion?

Cada: I was glad it was all over. I knew how important it was, but was happy to get the match over with. I gave as many props as I could to Darvin because he played great poker.

PND: Your father told us that he wasn’t completely behind your poker career to start with. Tell us about your relationship with him and how it’s evolved.

Cada: My parents weren’t totally against it, but they weren’t 100% supportive. I worked for a long time and had a job for four years, but decided to quit since I had made a significant amount in poker over a long period of time. Once I quit my job to do poker full-time, I continued to have a lot of success. Then, I traveled to tournaments in places I could play like the Bahamas, Costa Rica, and Aruba. College interfered and I had to go one way, so I put money aside in case poker didn’t work out and decided to play full-time.

PND: How big was the crowd support at the Penn and Teller Theater?

Cada: Having the support of these guys was great. Some of them missed school and work and none of them have voices left. They cheered me on the whole time, whether I was down or had chips. It was great having all of that support.

PND: Tell us about signing with PokerStars and wearing a Poker Players Alliance (PPA) logo.

Cada: PokerStars is a great website. They’re the biggest known site out there. I was very grateful for the opportunity they gave me. I’m very supportive of the PPA being an online player. The least I can do is support the PPA. (Credit: Poker News Daily)

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Thursday, November 05, 2009

Countdown To Mike Sexton Hall Of Fame Induction - Celebration Freeroll Is Already A Sell Out

Gibraltar – November 5th 2009 – The countdown is on to PartyPoker.com ambassador Mike Sexton’s induction into Poker’s Hall of Fame on Saturday evening during the dinner break at the 2009 WSOP Main Event Final table. PartyPoker.com is holding a special celebratory $10,000 freeroll to mark the occasion at 21.00 CET (15.00 EST) that day and 8000 have reserved seats for the special tournament which was at capacity one hour after appearing in the lobby!

A PartyPoker.com spokesman said: “Everybody loves a freeroll and we received so many questions about when the one for Mike would take place and all spaces were filled within an hour! It was a case of first come, first served for this celebration.”

Mike will be introduced at a dinner held in his honour on Saturday night by his brother Tom Sexton.

Sexton needs little introduction and is unarguably one of the most respected figures in the game. As the face and voice of the World Poker Tour and holder of a WSOP bracelet, Mike is truly one of the games pioneers. Sexton is in the top ten for the most cashes at the World Series of Poker and is instantly recognizable to all poker enthusiasts. Regarded as ‘The Ambassador of Poker,’ for years Mike advocated corporate involvement with poker to take the game he loves into the mainstream. Notably, Sexton also won the first $10k buy-in NL hold'em championship event at Foxwoods World Poker Finals in 1992 and in 2000 was the first American to win the championship event at the Euro Finals of Poker in Paris, which at the time was the biggest event in Europe. Through his role with the World Poker Tour Mike brought the game to millions around the world. In 2006 Sexton won the Tournament of Champions at the World Series of Poker, a concept he had originally created. He donated $500,000 of his winnings to charity and has since become a co-founder of PokerGives.org, which encourages players to make charitable donations.

The Poker Hall of Fame was established in 1979. Its membership includes poker's most influential players and other important contributors to the game. There are 16 living members, and to date 37 members have been bestowed the honour of entry. The WSOP Hall of Fame traditionally elects one or two new members annually. The enshrinement ceremony is now held during the final table of the Main Event of the WSOP. The criteria for selection was as follows:

A player must have played poker against acknowledged top competition
Played for high stakes
Played consistently well, gaining the respect of peers
Stood the test of time
Or, for non-players, contributed to the overall growth and success of the game of poker, with indelible positive and lasting results

World Series of Poker”® and “WSOP”®, WSOPE”® are registered trade marks of Harrah’s License Company LLC. No license, affiliation, sponsorship, or endorsement is claimed, or should be inferred from the use of these trademarks here. PartyGaming is not licensed by or otherwise affiliated with Harrah’s License Company LLC or the World Series of Poker®, in any way.

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Wednesday, November 04, 2009

Phil Ivey Set To Start November Nine As Favourite?

Gibraltar – 4th November 2009 – Bookmaker PartyBets.com has had to cut the odds on Phil Ivey taking down the WSOP Main Event from 5/1 into 7/2 making him the new OUTRIGHT FAVOURITE to win. This is despite the fact that Ivey is seventh in chips and Darvin Moon has a monster stack that many believe should be big enough to roll his opponents over quite easily. Moon has drifted in the betting from 3/1 favourite out to 4/1.

Ahead of his induction into the Poker Hall of Fame on Saturday, PartyPoker.com Ambassador Mike Sexton said: “Phil Ivey is the most well known pro to the public and this has to be a sentimental bet for action on the tournament. It is hard to imagine, more astonishing, that a player can be favourite with just 5% of the chips in play. I regard Ivey as the best player in the world and it would be nice to see him win but as everyone knows chips are power.”

A PartyBets.com spokesman said: “Has the world gone mad? Ivey is a short stack and Moon is a massive chip leader with 30% of the chips in play. It just doesn’t make sense but the punters just keep coming for Ivey and we have had no choice but to make him favourite because of our large six figure liabilities and the consistent interest.”

“There will be a lot of punters out there sweating Ivey and a lot of bookies praying that he doesn’t get the early double-up that is essential for him to make a remarkable comeback from seventh in chips. If Ivey achieves what punters think he can it will be the worst poker result in bookmaking history.”

PartyBets.com - a sister site of PartyPoker.com and PartyCasino.com - chalked Ivey up at 175/1 to win the Main Event earlier this year. He was 100/1 as the Main Event got underway and his odds have plummeted since then. A big name on the final table of the WSOP is always bad news for bookmakers. 175/1 as a starting price for any player in a field of 6,494 players is short and his true odds could have been double that but bookmakers are forced to price him prohibitively short because punters back the name.

PartyBets.com currently has Ivey as 7/2 favourite, followed by the commonly regarded favourite Darvin Moon at 4/1. Eric Buchman is next in the betting at 9/2. Ivey only has 265,000 more chips than France’s Antonie Saout but Saout is a 16/1 shot. The UK’s James Akenhead, a recent participant in the PartyPoker.com World Open V alongside Saout has also been well supported but is still 14/1. A Shulman double, with Jeff joining Barry as a WSOP Main Event winner this year is priced at 6/1. Other markets available include winning hand and colour of the final river card.

See PartyBets.com for more odds and information.

** The story of how Jon Kalmar, a poker pro from Chorley in the UK made the final table of the 2007 WSOP Main Event is a poker fairytale in itself. Jon went to Vegas with a bankroll of $15,000 before getting down to his last $2,000 and qualifying in a satellite. He had been on a terrible run for a long time but ended up as the only UK representative making it to the climax of poker’s showpiece and won $1,255,000 for finishing in fifth place. It was also happy days for a poker pro from Skane, Sweden won $25,000 from PartyBets.com after placing a bet of $100 at 250/1 that Kalmar would make the final table.**

World Series of Poker”® and “WSOP”®, WSOPE”® are registered trade marks of Harrah’s License Company LLC. No license, affiliation, sponsorship, or endorsement is claimed, or should be inferred from the use of these trademarks here. PartyGaming is not licensed by or otherwise affiliated with Harrah’s License Company LLC or the World Series of Poker®, in any way.

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