04-15-06 [poker] - 2

04-15-06 [poker]

I'll keep you up to date on the juicest new online gossip : UltimateBet recently started spreading a $50/$100 (blinds) PLO (Pot Limit Omaha) game. That's very high, it's the highest PLO game online, and PLO runs a lot hotter than hold'em, so it swings more than 50/100 no limit hold'em. (all the big games are on Prima or UltimateBet). A lot of top pros have been playing it, and Mike Matusow has been losing money as usual. Gus Hansen plays it as well as a lot of scary Scandanavians, and Marcel Luske, all of whom are experienced at Omaha. Anyway, yesterday this guy "idahopotato" sat in the game. Apparently he's a pretty good online pro who plays $300/$600 limit hold'em and does well. He proceeded to play the Omaha game like a maniac, playing every hand. The top pros all gathered like sharks and the waiting list at his table filled up. He kept losing and losing and managed to blow $500k in a few hours. That's 50 buy-ins - the guy went bust and rebought 50 times.

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old rants