Daily Rewind: EPT signs another partner, Ivey's new venture, McDonald's thoughts
Today we find out why the EPT will shine next season, see who Ivey is backing and talk staking with Mike McDonald.
The Daily Rewind is your one-stop-shop for a sharp review of the day in poker. Join us here for a mix of the latest news and a more irreverent insight into the poker world. Today we discovered the following topics for you:
Catch up with the latest action from the WSOP with our daily report.
EPT to sparkle in Season 10
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| EPT bling |
It's been announced that Shamballa Jewels will officially sponsor Super High Roller events during the new EPT season.
The luxury jewellery brand has previously partnered with the tour three times and will join Skrill and Slyde watches on the list of brands backing Season 10.
As part of the new deal each Super High Roller winner will receive a specially engraved Shamballa bracelet set with black diamonds and white gold worth €10,000.
EPT Season 10 is set to kick off on August 26 in Barcelona before heading to London in October.
Ivey joins new site
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| Ivey's on board |
Phil Ivey may have started his own poker site in the last few months, but that hasn't stopped him from becoming the face of Jim Ryan's latest project according to Pokerfuse.
Ryan, the former CEO of bwin.party, has spawned Pala Interactive which is a new site aimed at capitalising on the "next generation" of online poker in the US.
Offering online poker and casino games in California, Pala Interactive will be backed by the Pala Band of Mission Indians.
Having formed Pala Interactive LLC in February 2013, the online site has now recruited Phil Ivey as their brand ambassador.
Although he's connected with another site, Ivey will lend his image to Pala Interactive and help take them forward as iGaming regulation continues to spread across California.
Poker meets investment
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| McDonald investing |
Poker players and hedge fund managers have come together to talk money at the MacroSports Conference this week.
Taking place inside the Bellagio, a number of pros, including Mike "Timex" McDonald, have been exploring the link between investment and poker.
Drawing on his own experience of staking players, McDonald explained to stock market experts how backers' money accounts for around 20%-25% of $62 million anted-up at this year's WSOP.
However, while McDonald is at the forefront of the ever-growing investment market in poker, he feels "it's probably one of the least efficient markets" he's seen.
Indeed, his latest venture, @BankofTimex, which offers odds on players, is one method McDonald feels can help the market to "correct itself".
To check out McDonald's ROI ratings for the Main Event, click here.
Today at PokerStrategy.com
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High stakes corner
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Viktor "Isildur1" Blom (pictured right) ended another day on top of the high stakes chart with a $101,645 haul.
Although tame by his recent standards, the win was enough to put him ahead of "SallyWoo" ($99,978), "d2themfi" ($69,386) and Ronny "1-ronnyr3" Kaiser ($59,053).
At the other end of the profit spectrum "Trueteller" finished the day as the biggest loser after dropping $105,469.
Also on the wrong end of variance in the last 24 hours was "kagome kagome" (-$100,614) and "EDWARDHOPPER" (-$92,252).
Daily Signoff
Mike "Timex" McDonald might be a keen poker investor, but it's important to remember that he's also a force at the felt.
