Who says you have to have a college degree to make money?
Joe Cada doesn’t.
A college dropout, Cada's now a multimillionaire after winning $8.5 million Tuesday in Las Vegas. Cada, 21, is the youngest person ever to win the World Series of Poker.
Cada, surrounded by his millions, said on "The Early Show" from Las Vegas that the money is "pretty sweet."
How did he do it?
Cada won the tournament in a preflop.
"I raised it up to $3 million, he made it $8 million, and I moved in for like $60 some million, and he called," Cada said. "I was kind of too scared to look so I just had my back turned, hoping it would work out for the best."
Cada had two nines, trouncing his opponent who held just a jack and a queen of diamonds.
A first-time player in the World Series of Poker, Cada said he'd looked forward to turning 21 for years so he could participate. Cada said he got his start playing cards with his friends at a "young age."
"I was really excited to play," he said. "It's a really long shot because there's 6,500 people in the tournament. But I was still looking forward to playing in it."
However, Cada said playing for up to 12 hours straight some days was "pretty surreal."
"You kind of get in the zone after a while," he said. "The tournament lasted for about 10 days total. Once you start playing for a long time, it was just like you had to wake up and go and play another day."
During the tournament, Cada said he was up and down with his success. At the beginning of the tournament he had the most chips of any player, but on the eighth day he was getting low on chips.
"Fortunately everything worked out well," he said.
As for support, Cada's said his mother, Ann, was skeptical of his involvement in gaming and the tournament because she works as a blackjack dealer at a casino in Detroit.
"She'd always see people gambling and you know, lose money, so she was always kind of nervous about me playing poker for a living," he said. "It brought her to tears when I won the thing. She said she was really proud of me."
So does Cada plan to go back to college now that he can afford it?
He told "Early Show" co-anchor Maggie Rodriguez that isn't his plan, saying he isn't going back "any time soon."
For more on online video poker, game poker online, Casino Poker Chips and Hand Poker, check out Online Gambling Poker.
Thursday, November 12, 2009
Wednesday, November 11, 2009
Joe Cada: the new world champion of poker
A 21-year-old American has won the game's biggest prize after fighting through an incredible final table.
We have a new world champion of poker: 21-year-old American Joe Cada.
Many will be disappointed that Phil Ivey didn't win. This was an incredible final table line-up. Last year, the organisers' new plan of a five-month delay before the final (to maximise TV revenue while adding nothing to the prize pool) killed some of the momentum and excitement. This year felt different. With finalists including Jeff Shulman (popular and well-known editor of Card Player magazine), James Akenhead (a young British pro, for our patriotic pleasure) and Phil Ivey (believed to be the greatest tournament player in the world), there were reasons to stay excited until November.
But Shulman finished in fifth place. Akenhead was the first man out. Ivey, who seemed to play cautiously, finally put down his apple and moved all in with AK. Darvin Moon called with AQ, hit a Q and knocked him out in seventh spot.
This last coup seemed a particular shame. If the world's greatest player makes the world's biggest final, you want him to prove a point by winning, or contribute to a fairytale around the man who outplays him. You don't want him stumbling away after an absurd beat that makes the whole thing look like a lottery.
Darvin Moon, who finished second, is a woodcutter from Maryland, which sounds literally fairytale. Unfortunately, a win from him might have risked creating "the new Robert Varkonyi". Few speak respectfully, now, of the 2002 champion who made questionable plays but hit miracle cards. However romantic someone's story, we can't want this ultimate title to be taken on pure luck. Moon played powerfully heads-up, but promising professional Cada is the stronger winner. We will get to know him better now. He's no Ivey but maybe, one day, he will be.
For more on online video poker, game poker online, Casino Poker Chips and Hand Poker, check out Online Gambling Poker.
We have a new world champion of poker: 21-year-old American Joe Cada.
Many will be disappointed that Phil Ivey didn't win. This was an incredible final table line-up. Last year, the organisers' new plan of a five-month delay before the final (to maximise TV revenue while adding nothing to the prize pool) killed some of the momentum and excitement. This year felt different. With finalists including Jeff Shulman (popular and well-known editor of Card Player magazine), James Akenhead (a young British pro, for our patriotic pleasure) and Phil Ivey (believed to be the greatest tournament player in the world), there were reasons to stay excited until November.
But Shulman finished in fifth place. Akenhead was the first man out. Ivey, who seemed to play cautiously, finally put down his apple and moved all in with AK. Darvin Moon called with AQ, hit a Q and knocked him out in seventh spot.
This last coup seemed a particular shame. If the world's greatest player makes the world's biggest final, you want him to prove a point by winning, or contribute to a fairytale around the man who outplays him. You don't want him stumbling away after an absurd beat that makes the whole thing look like a lottery.
Darvin Moon, who finished second, is a woodcutter from Maryland, which sounds literally fairytale. Unfortunately, a win from him might have risked creating "the new Robert Varkonyi". Few speak respectfully, now, of the 2002 champion who made questionable plays but hit miracle cards. However romantic someone's story, we can't want this ultimate title to be taken on pure luck. Moon played powerfully heads-up, but promising professional Cada is the stronger winner. We will get to know him better now. He's no Ivey but maybe, one day, he will be.
For more on online video poker, game poker online, Casino Poker Chips and Hand Poker, check out Online Gambling Poker.
Tuesday, November 10, 2009
College dropout wins $8.5 million poker jackpot
A 21-year-old college dropout won the World Series of Poker early Tuesday, completing the biggest comeback in the tournament's history to earn a 8.5 million dollar jackpot.
Joe Cada, the youngest champion in the 40-year history of the game's richest and most prestigious event, won with a pair of nines after about 90 hands head-to-head against second-place finisher Darvin Moon.
Moon had a queen and jack, and none of the other cards drawn in the Texas Hold ?Em hand improved it.
"I'd like to thank all my fans and my friends," an emotional Cada told a raucous theater full of supporters in bright-yellow T-shirts bearing his name. Later he told reporters: "It's really surreal right now."
Cada squandered a huge lead at the start of play late Monday against 46-year-old Moon before barreling back in a finale of constant betting in which he moved strongly ahead for a time.
It was played before an audience of more than 1,500 people at the Rio Hotel-Casino at a table stacked with bricks of cash. A diamond-encrusted championship bracelet gleamed on the side of the table.
Cada's triumph was particularly stunning because he was down to just two million chips out of 194.8 million on Saturday but came back to finish as the chip leader.
"He's another bright young voice, he's very good and he'll be a new light on the scene for some time," said Dennis Phillips, a poker professional who finished third in the 2008 World Series. "He'll be a great ambassador for the game."
Moon earned 5.1 million dollars for his second-place finish. The lumberjack eschewed the spotlight and had never been on a jet until he won entry to the World Series by winning a tournament at a local casino that cost him 130 dollars to enter.
The top two outlasted a field of 6,494 who played down to nine finalists in July and then survived a 17-hour marathon session that ended Sunday morning when they knocked out Frenchman Antoine Saout for third place at 3.5 million dollars.
Cada is from recession-hit Detroit, Michigan, the son of an out-of-work auto parts design engineer.
His mother, Ann, is a blackjack dealer at a Detroit casino who tried to dissuade her son from gambling when he left college to focus on his online play.
"When he started doing so well, I said go live your dream," she said. "He can always go back to school if he wants but how many people do what they love?"
For more, check out online gambling poker.
Joe Cada, the youngest champion in the 40-year history of the game's richest and most prestigious event, won with a pair of nines after about 90 hands head-to-head against second-place finisher Darvin Moon.
Moon had a queen and jack, and none of the other cards drawn in the Texas Hold ?Em hand improved it.
"I'd like to thank all my fans and my friends," an emotional Cada told a raucous theater full of supporters in bright-yellow T-shirts bearing his name. Later he told reporters: "It's really surreal right now."
Cada squandered a huge lead at the start of play late Monday against 46-year-old Moon before barreling back in a finale of constant betting in which he moved strongly ahead for a time.
It was played before an audience of more than 1,500 people at the Rio Hotel-Casino at a table stacked with bricks of cash. A diamond-encrusted championship bracelet gleamed on the side of the table.
Cada's triumph was particularly stunning because he was down to just two million chips out of 194.8 million on Saturday but came back to finish as the chip leader.
"He's another bright young voice, he's very good and he'll be a new light on the scene for some time," said Dennis Phillips, a poker professional who finished third in the 2008 World Series. "He'll be a great ambassador for the game."
Moon earned 5.1 million dollars for his second-place finish. The lumberjack eschewed the spotlight and had never been on a jet until he won entry to the World Series by winning a tournament at a local casino that cost him 130 dollars to enter.
The top two outlasted a field of 6,494 who played down to nine finalists in July and then survived a 17-hour marathon session that ended Sunday morning when they knocked out Frenchman Antoine Saout for third place at 3.5 million dollars.
Cada is from recession-hit Detroit, Michigan, the son of an out-of-work auto parts design engineer.
His mother, Ann, is a blackjack dealer at a Detroit casino who tried to dissuade her son from gambling when he left college to focus on his online play.
"When he started doing so well, I said go live your dream," she said. "He can always go back to school if he wants but how many people do what they love?"
For more, check out online gambling poker.
Monday, November 9, 2009
21-year-old in the Poker World Series final
It is an amazing final match in the Poker World Series 2009. As it has a 21-year-old professional poker player battling it out with a self-employed logger for a huge prize of a whopping amount of $8.55 million. It was chiefly the luck of the 21-year-old Joe Cada as he made a drastic comeback to re-launch himself into the game.
If lady luck keeps on favoring Joe Cada then he is all set to become the youngest series champion ever in the finale Monday night. “Luck always helps,” Cada said. “I’ll take all the luck I can get.” Joe Cada had earlier eliminated French poker professional player Antoine Saout when a river king gave Cada a better pair than Saout’s eights.
Joe Cada faces an opponent more than double his age in the 46-year-old Darvin Moon of Oakland Md. He begins on Monday night with a nearly 2-1-chip disadvantage.
The interesting finale pits the 21 year old youthful professional Joe Cada who makes a living playing poker online against a self-employed logger who, until this year’s World Series of Poker, had never been on an airplane or gambled for high stakes.” They say he’s some kind of specialist online,” Moon said of Cada. “But I’m not online to watch.”
“It is definitely just about winning, so it’s disappointing I did not win,” another opponent who unfortunately lost before the finale Ivey said. “But I am happy with the way I played. I think I made pretty good decisions with the amount of chips that I had, and I think I gave myself as much possibility of winning it as I could.”
For more, check out online gambling poker.
If lady luck keeps on favoring Joe Cada then he is all set to become the youngest series champion ever in the finale Monday night. “Luck always helps,” Cada said. “I’ll take all the luck I can get.” Joe Cada had earlier eliminated French poker professional player Antoine Saout when a river king gave Cada a better pair than Saout’s eights.
Joe Cada faces an opponent more than double his age in the 46-year-old Darvin Moon of Oakland Md. He begins on Monday night with a nearly 2-1-chip disadvantage.
The interesting finale pits the 21 year old youthful professional Joe Cada who makes a living playing poker online against a self-employed logger who, until this year’s World Series of Poker, had never been on an airplane or gambled for high stakes.” They say he’s some kind of specialist online,” Moon said of Cada. “But I’m not online to watch.”
“It is definitely just about winning, so it’s disappointing I did not win,” another opponent who unfortunately lost before the finale Ivey said. “But I am happy with the way I played. I think I made pretty good decisions with the amount of chips that I had, and I think I gave myself as much possibility of winning it as I could.”
For more, check out online gambling poker.
Friday, November 6, 2009
Poker champ Berman stakes claim in Ohio casinos
COLUMBUS, Ohio — The casino developer and poker champion who had a failed bid for an Ohio slots parlor in 2008 has staked a claim to all four Ohio casinos voters approved Tuesday.
Lakes Entertainment Inc. chairman Lyle Berman cut the deal just days before the election Oct. 29, according to a Wednesday filing with the U.S. Securities and Exchange Commission.
Under the terms of the deal, Lakes agreed to fund 10 percent of the cost of the ballot initiative — which neared $35 million — borne by both Penn Ventures and Rock Ohio Ventures, the development businesses of Penn National Gaming Inc. and Cleveland Cavaliers owner Dan Gilbert. In exchange, Lakes has the option, but not the obligation, to a 10 percent share in each casino.
The filing said Lakes has already made an initial payment of $1.9 million to Penn Ventures, which is developing the Columbus and Toledo sites, and $2.4 million to Rock Ohio, which is developing the Cleveland and Cincinnati casinos.
Allegations of Berman's involvement were made by the anti-casino TruthPAC early in October. They were denied at the time by the pro-casino Ohio Jobs & Growth Committee.
Bob Tenenbaum, a spokesman for the pro-casino ballot campaign, said the deal was struck after that time.
"At the time this was raised as a campaign issue, which was Oct. 6, Berman had no role in any of this," Tenenbaum said. "He never became involved in the campaign, but he did reach out to both Penn National and Rock Ohio Ventures in the last week of the campaign and asked if he could become involved."
A message was left with Berman seeking comment.
Lakes Entertainment Inc. chairman Lyle Berman cut the deal just days before the election Oct. 29, according to a Wednesday filing with the U.S. Securities and Exchange Commission.
Under the terms of the deal, Lakes agreed to fund 10 percent of the cost of the ballot initiative — which neared $35 million — borne by both Penn Ventures and Rock Ohio Ventures, the development businesses of Penn National Gaming Inc. and Cleveland Cavaliers owner Dan Gilbert. In exchange, Lakes has the option, but not the obligation, to a 10 percent share in each casino.
The filing said Lakes has already made an initial payment of $1.9 million to Penn Ventures, which is developing the Columbus and Toledo sites, and $2.4 million to Rock Ohio, which is developing the Cleveland and Cincinnati casinos.
Allegations of Berman's involvement were made by the anti-casino TruthPAC early in October. They were denied at the time by the pro-casino Ohio Jobs & Growth Committee.
Bob Tenenbaum, a spokesman for the pro-casino ballot campaign, said the deal was struck after that time.
"At the time this was raised as a campaign issue, which was Oct. 6, Berman had no role in any of this," Tenenbaum said. "He never became involved in the campaign, but he did reach out to both Penn National and Rock Ohio Ventures in the last week of the campaign and asked if he could become involved."
A message was left with Berman seeking comment.
Thursday, November 5, 2009
World Series Of Poker latest news and betting odds.
This Saturday will see the eagerly awaited final table continue at the World Series of Poker’s main event, with all nine players seeking the prize fund of a massive $8,546,435!
Throughout the competition, there has been a lot of attention on Phil Ivey, a player that some consider the best poker player in America. Ivey will continue play in seventh position on Saturday, with around ten million chips in play. Ivey’s biggest competitor, that is in his way of winning the title and cash is Darvin Moon who will lead the game on Saturday with around thirty- five million chips.
Online bookies Party Bet are offering all the latest news and odds on the tournament and after players have exceeded expectations, the bookies have been forced to re think their odds. Despite Darvin Moon leading the way by a long way, Party Bet has been forced to slash Phil Ivey’s odds from 5/1 to 7/2, making him the clear favourite to win the WSOP Main Event, whilst Moon is priced at longer odds of 4/1 to win.
A spokesman from Party Bet explained, “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. If Ivey achieves what punters think he can, it will be the worst poker result in bookmaking history.”
Acknowledging the madness of the punters betting pattern is Party Poker Ambassador Mike Sexton who 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. 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.”
Bookmakers fear, shock and confusion have developed from the statistics of the final table, with Ivey only having 5% of the chips in play, yet punters are clearly confident that he will draw the hands to beat the table.
Next in the betting line after Ivey and Moon is Eric Buchman priced at 9/2. The UK’s James Akenhead odds have drifted and he is now priced with slightly longer odds at 14/1 to win.
For more odds on the tournament including what colour the final river card will be, or the prediction of hands, then visit Party Bet. Alternatively visit Gaming Alerts site review of Party Poker and see if it would suit your future Poker needs.
Throughout the competition, there has been a lot of attention on Phil Ivey, a player that some consider the best poker player in America. Ivey will continue play in seventh position on Saturday, with around ten million chips in play. Ivey’s biggest competitor, that is in his way of winning the title and cash is Darvin Moon who will lead the game on Saturday with around thirty- five million chips.
Online bookies Party Bet are offering all the latest news and odds on the tournament and after players have exceeded expectations, the bookies have been forced to re think their odds. Despite Darvin Moon leading the way by a long way, Party Bet has been forced to slash Phil Ivey’s odds from 5/1 to 7/2, making him the clear favourite to win the WSOP Main Event, whilst Moon is priced at longer odds of 4/1 to win.
A spokesman from Party Bet explained, “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. If Ivey achieves what punters think he can, it will be the worst poker result in bookmaking history.”
Acknowledging the madness of the punters betting pattern is Party Poker Ambassador Mike Sexton who 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. 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.”
Bookmakers fear, shock and confusion have developed from the statistics of the final table, with Ivey only having 5% of the chips in play, yet punters are clearly confident that he will draw the hands to beat the table.
Next in the betting line after Ivey and Moon is Eric Buchman priced at 9/2. The UK’s James Akenhead odds have drifted and he is now priced with slightly longer odds at 14/1 to win.
For more odds on the tournament including what colour the final river card will be, or the prediction of hands, then visit Party Bet. Alternatively visit Gaming Alerts site review of Party Poker and see if it would suit your future Poker needs.
Wednesday, November 4, 2009
Poker girls eliminated from The Amazing Race
Poker pros Tiffany Michelle and Maria Ho have finally bowed out of TV show The Amazing Race. The pair couldn’t complete a pair of challenges relating to golf and a fairground test your strength machine and paid the penalty with elimination. The duo exceeded the expectations of many though, remaining in the competition until the middle of week seven.
The stay wasn’t without controversy though. In the opening episode the pair claimed to be charity workers rather than poker players. Talking to Poker Listings, Michelle defended the move saying, “We were coming from a strategic point of view and we just wanted to highlight another part of our lives”. Their ruse was soon scuppered after they were recognised by a poker fan at an airport.The pair will return to the poker circuit at the British Columbia Poker Championships in Vancouver before heading to the Bellagio for the WPT Doyle Brunson Five Diamond Classic.
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