Galfond throws down online poker challenge
Run It Once Poker administrator Phil Galfond and Chip Leader Coaching instructor Chance Kornuth have confirmed they will face each other in 2020 as part of Galfond’s open challenge to heads-up Pot Limit Omaha players around the world.
Kornuth joins Dan Cates, poker stream boat captain Bill Perkins and 2018 Poker Masters purple jacket recipient Brandon Adams as potential challenge opponents versus the real money poker site founder, with the vast majority of hands slated to be played out on the Run It Once Poker site.
Part Time Poker reports that aside from the 100 euro/200 euro Pot Limit Omaha Stakes, Galfond and Kornuth have agreed in principal to a 4:1 sidebet, in which Galfond will risk 1 million euro against Kornuth’s 250,000.
According to The Hendon Mob, Chance Kornuth has accumulated more than $7.4 million in live poker tournament cash prize winnings throughout his 11-year career, including two coveted World Series of Poker bracelets – one of which he won in 2010 when he was victorious in the $5,000 buy-in Pot Limit Omaha event for just over US$500,000.
Chip Leader Coaching offers poker instructional training services to poker fans around the globe.
The site is led by Kornuth, 2015 WSOP Main Event champion Joe McKeehen, 2019 WPT Bellagio Five Diamond winner Alex Foxen, 2019 WSOP $5,000 NLHE first place finisher Daniel Strelitz, 2019 Poker Masters Event number two winner Ryan LaPlante and several other high stakes poker coaches.
Fans wary of integrity of tournaments
The RIO Poker challenges offered by Phil Galfond have been generally well received by fans and contributors who frequent poker forums.
Some have balked at the fact that Galfond plans to play most of the online hands on his own poker site.
The 2019 calendar has seen an abundance of concerns revolving around the integrity of the game online and live.
Customer complaints surrounding the increased use of ‘online poker bots’, aka prohibited software, combined with the ongoing Stones Gambling Hall Scandal have all but wiped out any hope of such high stakes challenges being streamed from within the United States.
The laid back, easy going nature of informed poker community members that was prevalent in the mid 2000s has been gradually replaced by outright scepticism concerning poker dramas – with potential ramifications extending into massive crackdowns on commercial card rooms that operate in the state of California along with continued restrictions on “for-profit poker.”
The final outcome of Phil Galfond’s heads up PLO challenges – mainly whether or not the matches take place without any drama/accusations/scandals tied to game integrity or real money payouts – could go a long way to determining whether such projects are feasible within regulated markets in 2020 and beyond.
MGM details new poker offerings
MGM Resorts International has shared news of its first ever MGM Resorts East Coast Poker Tour, taking place in Atlantic City’s MGM National Harbor, MGM Springfield and Borgata Hotel Casino and Spa.
Inkedin reported last week that the co-branded tournament series runs throughout 2020, kicking off with the Potomac Winter Poker Open at MGM National Harbor on February 5 to 17 and concluding with the $2 million guaranteed championship at Borgata’s Fall Poker Open on November 15 to 20.
“MGM Resorts offers players the best poker product on the East Coast,” MGM’s portfolio president Jorge Perez said.
“Our East Coast Poker Tour is a great way for us to showcase three of our industry leading properties while creating an exciting tournament series for our guests and poker enthusiasts,” Perez said.
Five co-branded events and a co-branded championship will feature on the tour.
Events include one at MGM Springfield (The Armory Classic), two at MGM National Harbor (Potomatic Poker Opens) and three at Borgata (Spring Poker Open, Summer Poker Open and Fall Poker Open Championship), including the Championship.
Between February 5, 2020 and August 24, 2020, players will qualify for the MGM Resorts ECPT leaderboard by participating in one of the five tournaments prior to the championship.