Martin Jacobson’s Past Led Him in order to make WSOP Main Event History

His cheering part had good reason to celebrate their hero’s $10 million win: out of 6,683 players who began the WSOP, Swede Martin Jacobson was final standing.

Martin Jacobson is your 2014 World group of Poker (WSOP) Main Event champ, which, if you didn’t know chances are, our genuine apologies for the spoiler. Before this year’s $10,000 No-Limit Hold’em Championship, few had been aware of the 27-year-old from Stockholm, Sweden.

Some 6,683 players from 87 countries entered poker’s biggest tournament, but in the conclusion, it was the Swede holding the silver bracelet and using the $10 million award.

So how did the man because of the second-shortest stack entering the November Nine make such a amazing run? While oddsmakers labeled him a long shot, Jacobson maybe shouldn’t were. He had more career WSOP earnings than any other player at the dining table, and he had been close while he had never won a live event.

Improbable Feat?

When you start in the eighth place out of nine, winning may be a far-fetched concept, but Jacobson’s application suggests otherwise. The now-champ discovered poker at 18 after watching it on television, and quickly began playing with friends and online. After realizing he had a knack for success with satellite qualifiers in 2008, he focused his attention on playing cheaper events that are live.

On the next six years, Martin became a globetrotter, as he traveled to EPT and WSOP events, collecting $5.5 million in the process. Before winning on Tuesday, he ranked second all-time on Sweden’s cash list, behind only Chris Bjorin. This past year during the Big One Drop $111,111 buy-in, Jacobson scored his largest payout for completing 6th with $807,427. With energy on his side, he somehow were able to mainly fly under the radar heading into poker’s signature competition.

WSOP Principal Event

Although he’s a pro that is seasoned it comes down to World group of Poker tournaments, 2014 marked the Swede’s first entry into the Main Event. The $10,000 buy-in is something you work up to, and his game was without question willing to go. He took part into the Day 1A action, where he ended the session as the chip leader. He remained in command during the July play before the table that is final where he completed 8th heading into the break.

Fast-forward to November and Dutchman Jorryt van Hoof was dominating the field. Jacobson was never ever really in contention to overtake the leaders until belated night when he eliminated both Billy Pappas and William Tonking monday. Going to Tuesday, just three players stayed, all Europeans: van Hoof, Jacobson, and Norway’s Felix Stephensen.

With slightly below 90 million chips, van Hoof had nearly 25 million significantly more than Martin, but he appeared to lose his swagger and leaked arms one after another. After a series of losses, Jacobson eliminated the first choice for the past two days and moved to head-to-head play with Stephensen. On the 328th hand associated with final dining table, Jacobson took the title with pocket tens and another ten on the flop to provide him a collection as well as the winning hand.

Cool, Calm, Collected

While van Hoof attempted to scare his opponents away from the dining table, and Stephensen attempted to cover any clues by sporting sunglasses and a hoody, Jacobson did neither. He folded quickly, called swiftly, and general seemed 100 percent relaxed. At times van Hoof could be seen sweating and even shaking. Stephensen ended up being visually frustrated in certain cases. Jacobson seemed refreshed, and in total control, which, demonstrably, he was.

Amaya and Playtech Named for Possible Takeover says this has entered into ‘preliminary conversations’ more than a possible takeover. Amaya Gaming is rumored to become a contender that is likely with Playtech additionally known as. (Image: is the belle regarding the ball this as rumors swirl that online monster Amaya Gaming is preparing a $1.2 billion takeover week. But there are simultaneous whispers of a Playtech acquisition, keeping the online gaming community on pins and needles till the situation is put to sleep.

Amaya’s name was first mentioned on Wednesday by analysts in the Markets real time real-time economic information service on the London Financial Times website.

FT Alphaville Editor Paul Murphy and Bryce Elder from the FT‘s London markets group dropped the bombshell, stating that market chatter was suggesting that the deal ended up being ‘all but wrapped up,’ according to ‘usually reliable sources.’

‘We now think it’s real enough,’ said Murphy. ‘[There have actually been] lots of rumors of an approach, as repeated a times that are few the paper’s influential Bowler Hat column. Though we didn’t have a name. Amaya’s a good name.’

However, it must be noted that the announcement has been flagged as being a ‘Raw Alert,’ which means, in line with the accompanying FT boilerplate, that the information that ‘has not been formally tested through traditional journalistic networks (PRs, etc).’

The plot thickened with a report in London’s night Standard on Wednesday naming market-leading software company Playtech as being a possible customer.

‘Online gambling software maker Playtech today announced it was raising a $315 million war chest, via a bond that is convertible, for acquisitions and ‘organic opportunities,’ ‘ it reported. ‘a youthful edition of the Evening Standard reported down-on-its luck online gaming peer Bwin could be a takeover, and just a hours that are few it confirmed it was ‘early’ speaks with a number of potential suitors that could cause the business for sale.’

Reader Beware

‘The tale might be complete rubbish,’ continues the FT disclaimer, ‘but if we think there is some substance to it we will say so. In any event, Reader Beware.’

While, along side Borgata, is the market leader into the New Jersey on line gaming space, it offers struggled in other markets recently.

The product of a merger between online activities betting bwin that is giant the once-mighty partypoker, (which in 2005 had been worth over $12 billion, before UIGEA sent it retreating from the US market), has already established to fend off rumors of a sale of part or most of its assets since as far back as last June. However, following the new speculation in the press this week, the company confirmed that a purchase is certainly on the cards. Statement

‘Further to present media speculation regarding a possible bid for, the Board of confirms it has entered into initial talks with a wide range of interested parties regarding a variety of potential company combinations with a view to creating value that is additional shareholders,’ it said. ‘Such conversations may or may perhaps not result in an offer being made for the Company. However, as all such discussions stay at a stage that is preliminary there may be no certainty as to whether or not they will result in any style of transaction with any party.’

Shares in, that have seen a steady rise throughout November, shot up by 13 percent within the aftermath regarding the company’s statement on Wednesday.

Should rumors show to be true, Amaya would increase its monopoly on the online that is global market and pull further away from its nearest competitors and the iPoker system. PokerStars, which ended up being acquired by Amaya this for $4.9 billion, currently has eight times the traffic of year.

Legendary Gambler Archie Karas Sentenced as Blackjack Cheat

Archie Karas, who went on probably the most gambling that is famous and losing streak of all of the time, turning $50 into $40 million after which blowing the lot, has been granted probation for cheating at blackjack. (Image: ESPN)

Archie Karas, the gambler and poker player whom in the 1990s went on perhaps the most famous streak that is winning of time, has been sentenced to 36 months’ probation, having been found guilty of cheating at blackjack.

Karas, real name Anargyros Karabourniotis, 63, was spotted by surveillance digital cameras marking cards at a blackjack table at the Barona Casino in San Diego County in 2013. A search warrant executed on his home later revealed hollowed out chips, which prosecutors think was in fact used to conceal ink.

The court heard that Karas had been arrested by Nevada Gaming Control Board four times since 1988 on suspicion of cheating by marking cards, secretly exchanging cards with someone and bets that are pressing.

Karas won $8,000 at the Barona on July 16, 2013, and ended up being ordered by El Cajon Superior Court Judge Daniel Goldstein to pay for $6,800 in restitution to your casino, which ended up being determined to be their make money from the session where the cards were being marked. He initially invested 73 days in jail before released on bail.

The Run

‘This defendant’s luck ran out thanks to extraordinary cooperation between various law enforcement agencies whom worked together to analyze and prosecute this case,’ stated District Attorney Bonnie Dumanis.

Karas’ renowned winning streak, now simply known as ‘The Run,’ kicked off sometime in early 1993, when he arrived in Las Vegas with $50 in his pocket. He immediately started wining at the poker tables, and soon convinced an acquaintance to lend him $10,000 so that he could play greater. Karas promptly won $30,000 playing $200/$400 restriction Razz and returned $20,000 to his friend.

He took his winnings to a regional pool hallway where he began playing a ‘wealthy pool and poker player,’ whom Karas has always refused to name. The two men played pool for increasing stakes, until Karas had beaten his adversary for $1.2 million over a period of a couple of months. They then played poker together and he won $3 million.

As news spread that Karas now had millions burning a hole in his pocket and was prepared to try out anybody for any stakes, the professionals formed an orderly queue. Stu Ungar, Chip Reece, and Doyle Brunson; all were dispatched. The only player to beat Karas during his winning streak was Johnny Chan, who fundamentally beat him for $900,000. Nonetheless, by the right time the poker dried up, he was up $17 million.

The Downfall

Undeterred by the lack of action, he turned to the pit games at Binions Horseshoe, playing craps for $100,000 a roll. Two and a half years after he turned up in Vegas with $50 in his pocket, Karas had amassed a$40 million gambling fortune.

However, in a turn of activities as unbelievable as how he racked up the fortune in the first place, Karas lost all of the money, some $30 million of it, in roughly three months. Then he took a rest, went along to Greece, returned and lost the rest.

‘Money means nothing to me, I do not value it,’ he once told Cigar Aficionado magazine. ‘I’ve had all the product things I could ever want. Every Thing. The things I want cash can’t buy: health, freedom, love, happiness.’