party poker

Friday, February 27, 2009

Matusow Admits Losing Millions to Hamilton on UltimateBet

Matusow Admits Losing Millions to Hamilton on UltimateBet - Poker News: "“Now I play so tight and solid and I’m afraid to pull the trigger because I’m always afraid of getting called because of the fact that every time I made those moves I got called by bottom pair or no pair and all that stuff while I was getting cheated out of all that money. With the mental aspect … it’s basically a lot of what my lawsuit is possibly going to be about.”"

It looks like Mike Matusow got duped big time by the infamous Russ Hamilton. He's the donkey that cheated tons of Ultimate Bet players by spying on their hole cards. Ultimate Bet paid some of the players back but it still caused a lot of harm to Ultimate Bet's business and to the players that got cheated. According to Matusow, now only did he get cheated in thousands of dollars but his poker skills were diminished at the same time. He's saying that his calls and reads were screwed up.

I have to agree with Matusow. If you catch a few bad beats and make a few bad calls, it can really set you back. Can you imagine getting cheated in all the big hands? It would really affect your game.

One thing I have to point out is that Matusow only comes out with this info at the same time he's promoting his new book. Why didn't he come out with this stuff when it happened, when they caught the cheat Russ Hamilton? So I wouldn't be surprised if he exaggerated some stuff.

Wednesday, February 11, 2009

Bernard Madoff Scammed Professional Poker Player

Bernard Madoff Scammed Professional Poker Player |

News just came out that Lyle Berman, a known poker professional, was one of those unlucky ones who got scammed by Bernie Madoff. As you recall Madoff ran a ponzi scam that bilked an estimated $50 billion (BILLLION) from investors. These included many once wealthy individuals and many charities.

If you remember Lyle, he appeared on several episodes of WPT and also has won 3 WSOP bracelets. He's the co-owner of the Stratosphere Casino in Las Vegas and is also the co-founder of Grand Casinos and Lakes Entertainment.