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Name chenyan
PNW Forum Status PNW Semi-Pro
Location Unknown
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| Sportingbet case - payouts capped at $50k | 2010 11 04 11:42 pm | Came across an interesting story today whilst researching at work. Craig Horwitz bet approximately $800 on a race in August on Sportingbet, winning the trifecta many times over for a win of just under $511,000. However, Sportingbet has limited its payout to Mr Horwitz to only $50,025, relying on an obscure clause within their site which states that they will only payout "to a maximum payout of $50,000 per Client per event." I'm stunned that they would risk the negative publicity associated with this decision to include, and then rely on such a ridiculous term. I'll be disappointed if informed punters continue betting on the site with this knowledge. The matter is of course heading for the courts (will be settled before trial so as not to set a precedent and risk huge payouts to other angry customers, not to mention, more press). At issue is the new unfair contract amendments in the Trade Practices Amendment (Australian Consumer Law) Act (No.1) 2010. These provisions are untested obviously, so the case isn't possible to predict, very interesting and disconcerting nonetheless. Obvious lesson to be learned is not to bother placing a bet with Sportingbet where the payout is greater than $50,000. It also raises serious concern as to what other restrictive liability caps might exist on other betting sites. Are other online agencies doing this? I'm right to think a boycott of Sportingbet is surely in order aren't I, not that I regularly use them? Links: http://www.lawyersweekly.com.au/blog...ortingbet.aspx Middletons | Media | Sportingbet's cap on bet payouts challenged as unfair Read the fine print |
| Deep tourney play - AJ facing 3-bet shove | 2010 03 06 09:47 pm | $24 + 2 on Full Tilt. 23 players left; I'm sitting 13th. I've been fairly tight, although last hand showed down with QJ (Called from SB) to win a pot against an MP raiser. Villain is SB, little shorter than us, no real reads unfortunately. Question stems from two issues: 1) Is he shoving extra light because he needs the squeeze, and I'm a button raiser? 2) Given my shortish stack, is it worth giving up perhaps a little 'equity' to gather the chips here which would put me 4th/22. Full Tilt Poker Game #19009396281: $18,000 Guarantee (144327601), Table 3 - 1500/3000 Ante 400 - No Limit Hold'em - 5:40:17 ET - 2010/03/06 Seat 1: QuagmireYMSB (70,890) Seat 2: clown-at-large (114,164) Seat 3: STACEY7522 (211,067) Seat 4: fingersfayries (104,744) Seat 5: MeatBuoy (93,759) Seat 7: jacksorbetter (104,743) Seat 9: ghost_491 (89,614) QuagmireYMSB antes 400 clown-at-large antes 400 STACEY7522 antes 400 fingersfayries antes 400 MeatBuoy antes 400 jacksorbetter antes 400 ghost_491 antes 400 QuagmireYMSB posts the small blind of 1,500 clown-at-large posts the big blind of 3,000 The button is in seat #9 *** HOLE CARDS *** Dealt to ghost_491 [As Jc] STACEY7522 folds fingersfayries folds MeatBuoy folds jacksorbetter folds ghost_491 raises to 9,000 QuagmireYMSB raises to 70,490, and is all in clown-at-large folds ghost_491 to call - 61k I think it's a fold, but I got caught up on the whole button raise/shorty squeeze issue. Cheers |
| AK facing 4-bet shove; late game MTT decision | 2009 12 28 01:52 am | Alright, $33 tourney - 15 or 16k prizepool. 17 left; I'm sitting 5th. Villain is sitting 4th. If I fold facing the all in bet, I still sit on an average stack, and about 8th out of 17. Villain has been very solid. He hasn't been to showdown for a long time, but had been 3 betting confidently to build his stack uncalled. He had not yet 4-bet pre. I do recall him twice flatting the 3-bet. Overall, he has seemed solid. Thoughts here please. Pot size around 280k ~ for the massive chiplead (2nd on 220k, no one else above 200k). Is calling here a must? Is calling hoping for JJ/QQ/AK and a yes due to pot odds? Is it spew/over aggressive? Cheers No Limit Holdem Tournament 8 Players Hand Conversion Powered by weaktight.com $30+$3 Stacks: UTG quocanhcz (104k) UTG+1 seppo891 (107k) MP1 Balance-BG (155k) MP2 Hero (143k) CO Dutchmartijn (44k) BTN slyharry (28k) SB Scarecr0w (187k) BB -Lawz- (55k) Blinds: 1.5k/3k Ante 300 Pre-Flop: (6.9k, 8 players) Hero is MP2 ![]() 2 folds, Balance-BG raises to 8.1k, Hero raises to 20k, 4 folds, Balance-BG goes all-in 155k, Hero goes all-in 122k |
| Hawaii Bowl - Christmas morning tip | 2009 12 25 01:59 am | SMU v Nevada NCAA - Hawaii Bowl Nevada should smash SMU here under normal circumstances. Their only loss in the last 9 games came against Boise State, who are a top ten team. They dominate because of their three pronged running game, guided by RB's Taua & Lippincott who each have over 1000 yards rushing, and their QB also. Nevada defence is abysmal, ranking outside the top 100 in the country in key areas. This game was tipped to go in the range of a 45 - 30 scoreline, with the line on total points set at 73. However, both Taua & Lippincott have been ruled out of the game (one failed college and the other injured). This will really impact Nevada's scoring ability and the lines have really not corrected. It moved from 73 to 72.5. Less experienced RB's have been brought in, and it will have to change the gameplan for Nevada, which can only mean less points in a bowl game. I'd be jumping on the unders as a consequence. There is also a movement back to the SMU +12.5 bet, however in all honesty I don't know anything about SMU other than what I've just read on a couple of sites and espn, so I won't be betting on it personally. Suggested Bet: Total Points - Under <72.0 1.91 Merry Christmas |
| NFL Week 11 | 2009 11 23 12:36 am | Baltimore-Colts Take Colts to cover the spread, currently -2.5 at TAB. sportsbet.com.au are currently shifting their line, but I'd assume it'll be around that when it re-opens. I watched Ravens play Cleveland last week for shits and giggles. 0-0 at halftime. Against Browns, that is embarassing. Browns were abysmal on offence and horrible on defence, but that was mostly due to the QB's constant tendency to throw to invisible players on 2 & 10, and then get himself sacked at 3 & 10 every drive. Ravens had either major plays or nothing plays, and against a superbowl contender in Colts, they will not have nearly as many big break plays. With a real defence on Flacco, I think even the regular plays will break down, and turnovers will follow. This is mainly due to the lack of passing options that he has to look to (Clayton & Mason), and the reliance will fall on Rice to keep them in this game. I don't think he's good enough to carry the entire team against Colts. The Colts are an amazing team. They got lucky, but still beat the Pats last week. Manning is a gun, and Ravens have literally no pass defence (Suggs now out for season also in Defence). Perfect teams like Colts should smash a weak team like Ravens (yes, weak despite the hype around them for some reason). I see Colts winning by 10+, and would honestly jump on at -6.5 without a thought. Enjoy Colts 31 - Ravens 13 Colts -2.5 |
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