The 20 Worst Moments in Poker in 2013: 10-6

Runner Runner2
Affleck and Timberlake made the list thanks to Runner Runner.

Every year PokerListings counts down the best and worst moments in poker over the last 12 months.

Today we’re counting down 10-6 of the 2013 Worst Moments in Poker (be sure to catch up with Worst Moments 20-16, 15-11 or if you’d prefer the Best Moments in Poker).

In the following article we’ll revisit PokerStars.com's failed attempts to re-enter the US, the disappointingly slow Full Tilt Poker remission process, a group of pros arrested for illegal gambling and the underwhelming reception of the year's biggest poker movie.

10. Poker Pros Indicted in International Illegal Gambling Ring

In April the FBI arrested 34 people in an international poker and gambling ring that was reportedly run by the Russian mob and catered to Hollywood celebs and Wall Street fat cats.

Justin Smith
Justin Smith
 

Among the 34 people arrested were a number of well-known poker pros including Vadim Trincher, Abe Mosserri, Justin Smith, Peter Feldman and Bill Edler.

The FBI's investigation uncovered a gambling and money-laundering operation that had been running since at least 2006 out of Kyiv, Moscow, Los Angeles and New York. According to the indictment they had laundered at least $100 million.

In September Justin Smith pleaded guilty to accepting a financial instrument in connection with unlawful Internet gambling, an illegal sportsbook. Smith will forfeit $500,000 and could face as much as five years in prison. He will be sentenced in January of 2014.

In November Vadim Trincher pleaded guilty to operating an international gambling ring. According to the plea deal Trincher will serve between 21 and 27 months in prison and forfeit significant assets including 13 properties.

runnerrunnerver6xlg

9. Runner, Runner Underwhelms

The poker world has been starved for a legitimately great poker movie since Rounders dropped in 1998.

When we learned about the new thriller Runner Runner from the writers of Rounders we were careful not to get too excited.

It starred Justin Timberlake. The trailers told of fast-paced action scenes stretching from Costa Rica to Wall Street. It had Ben Affleck on a yacht, basically all the key ingredients of a summer poker blockbuster.

The end result, however, broke our hearts and underwhelmed even our cautiously optimistic expectations.

The only way we were able to make it through the year was the news that Rounders 2 is real and it is spectacular (they tell us).

8. Full Tilt Poker Remission Process Drags On

Before PokerStars bought Full Tilt Poker and coughed up the roughly $150 million owed to US players it was unclear if anyone would be paid back, but after a year and half Americans still don't have their cash.

US players had until the middle of November to submit their petition to get reimbursed for what was in their FTP accounts all the way back in April of 2011 but there's no hard and fast timeline for when they'll actually see the money.

The US government is also trying to sort out the $80 million in “phantom deposits” made by FTP players leading up to Black Friday.

Check out the official FAQ if you have more questions.

7. Bill Perkins Pays $550k for Tattoo, Seems Homophobic

Poker players have a reputation for misguided frivolity but Bill Perkins took things to dizzying new heights this year when he paid Jeff Gross $550,000 to get a small gay pride rainbow tattoo on his upper back.

jeff gross rainbow tattoo prop bet2

The kicker? Perkins was free to choose the most embarrassing thing he could think of and he came up with a gay pride flag.

The whole bet reeked of homophobia from Perkins but on the bright side Gross was spared the experience of having something truly terrible tattooed on him for life.

Gross pocketed more than half a million and was quick to explain that he was “totally cool” with the tattoo and supported gay rights.

Perkins won't feel much of a sting from the six-figure payout, he manages a vast hedge fund, but might have to put up with a few raised eyebrows about why he finds gay rights so embarrassing.

6. PokerStars Does Not Get NJ Approval

2013 saw the return of online poker to the US, albeit in only a few states scattered across the country.

Atlantic City by Ron Miguel
We won't be seeing the PokerStars logo on the boardwalk anytime soon.
 

For the most part it's been land-based casinos getting their hands on licenses, but poker players were secretly hoping to play on the site they were happy playing on before Black Friday: PokerStars.

New Jersey, the biggest state so far to dip its toe into online poker regulation, crushed that dream for players in their state when they passed on PokerStars' license application.

New Jersey said that unless PokerStars made some serious changes, including cutting ties with company founder Isai Scheinberg, the application won't be reviewed again for at least two years.

Although a small market on the global poker scale, NJ Governor Chris Christie has estimated that online gambling in New Jersey could generate $1 billion in its first year.

You May Also Like

assets/photos/_resampled/croppedimage12580-IMG2694.JPG

Daily 3-Bet: Hinkle Owns Bluffs, Positive Poker, Lindgren on CNN

The PokerListings Daily 3-Bet applies some much needed feng shui to the typically unstructured mid-afternoon poker news world.

22 April 2014
assets/photos/_resampled/croppedimage12580-IMG2281.JPG

Daily 3-Bet: NJ = Poker Haven, WPT Championship, Negreanu Defends Ivey

The PokerListings Daily 3-Bet is stroll down the mid-afternoon poker news boardwalk that ends with three delicious pieces of saltwater taffy.

21 April 2014 1
assets/photos/_resampled/croppedimage12580-Kids-Poker.jpg

Rant: Poker Should be Part of Grade-School Math Curriculum

People are pushing for chess to be added to grade-school math curriculums in the UK but Lee Davy thinks poker would be even better.

20 April 2014
assets/photos/_resampled/croppedimage12580-IMG9622.JPG

Zach Elwood Takes on Verbal Tells in New Book

Zach Elwood is writing a sequel to his critically acclaimed Reading Poker Tells and this time around it’s all about verbal tells.

18 April 2014

Please fill the required fields correctly!

Error saving comment!

You need to wait 3 minutes before posting another comment.

Comment added. Thank you!

No Comments