Daily 3-Bet: PStars Pays More, $10m Millions, Galfond RIO-K

Phil Galfond
Runs a few things by his fans.

The PokerListings Daily 3-Bet is a smoked meat sandwich, a slice of sugar pie and a leisurely Spring stroll down the afternoon poker news Rue Ste-Catherine.

Got a hot tip for a future 3-Bet? Tell us about it in the comments or on Twitter.

Today in the 3-Bet we find PokerStars stretching out its tournament payouts, partypoker brings the dough to MTL and Phil Galfond gives a non-update update.

1) More Paid on PokerStars

Interesting announcement by PokerStars this morning re. future tournament payouts.

PStarspayouts

In a nutshell: As of September 11, most tournaments (around 70% of them) on PokerStars will now have deeper payout structures. So:

  • Tourneys that paid 12% now pay 14%
  • Tourneys that paid 14% >> 16%
  • Tourneys that paid 16% >> 18%
  • Tourneys that paid 18% >> 20%

For about 30% of the weekly tourneys, payouts will stay the same including in the Progressive Knockouts, most high buy-in events and tournaments that already pay 20%. Says PokerStars:

"Changes will be subtle and most players will only notice when they realize that they're experiencing the thrill of cashing a little more often."

Read the full explanation of the changes here. Ostensibly, of course, this means more money returns to the hands of poker players.

Which is a good thing, right? Or is it? Give us your thoughts below.

2) $10m partypoker Millions Comes to Playground

Speaking of paying out more players ... this looks like another big move from the surging partypoker Live with a huge $10m Millions event now planned for May:

If you've yet to hit the Playground Poker Club in Montreal, much like Sao Paulo it's a must visit for poker players with amazing hospitality and great amenities - not to mention just outside one of North America's best cities.

Get a taste of the venue and the vibe with the playdown of the $10,000 World Cup of Cards happening right now; More info on qualifying at partypoker via our review page.

3) Run It Once Still In Progress. Also: More Coming

When Phil Galfond announced in September last year he was launching his own real-money, RunItOnce poker site, the hardcore poker grinding community were overjoyed. His mission statement certainly hit the right chords:

"A poker site should value poker players. It should value the casual player for the money he's willing to put on the line to play a game he loves. For choosing poker over other hobbies, and for choosing their site over other sites.

 

"It should value the enthusiast and semi-professional for the liquidity they provide and for growing the game. For spreading the word, across different mediums, about their favorite site...

 

“I want a fair, honest, transparent poker site that believes in the dream that I have lived. I'm going to give it my best shot.”

A year down the road, however, the project hasn't quite moved along as quickly as hoped ... and still has a ways to go, as Phil explained on Twitter in a poker-industry special pre-announcement of future announcements:

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