A survey carried out by Save the Student, a website aimed at helping students to take better care of their finances, suggested that one in five students across the United Kingdom are turning to gambling in order to make money. The survey questioned over 2,000 students on their current financial status and over 80% of respondents indicated that they had regular money worries. This will undoubtedly impact on their studies and their health and has left many students looking for alternative ways to bring in income.
It seems as though gambling and especially poker has become a popular way for many students to supplement their income but this has to be seen as a risky move. There is absolutely no thing as a guaranteed success when playing poker and a lot of players will find that even though they hit a good winning run, it will not take a lot to knock them down, which could see them being in even harsher financial situations that what they were previously in.
Poker can bring money in but it shouldn’t be the chief source of income
The Independent newspaper spoke to a Nottingham based student that has turned to poker to bring in extra income. The student, called Thomas, said;
I came to see poker as a part-time job at university. My friends gambled a bit here and there, but mainly for a laugh- their livelihoods were not dependent on it. For me, a session online would last anywhere between 18 and 36 hours and I would do at least five a month. I spent a lot of my winnings on drinks and bought myself a BMW for my 21. The main thing though is that I can now afford to take a Maths PGCE without having to apply for yet another loan. I was called anti-social once or twice but I never saw it as a risk. Swings of losses and wins happen but it’s about the bigger picture- as long as the overall trend is up its okay. I once lost close to £4,000 in 14 hours but in my best session I won close to £11,000 in 22. I am looking forward to entering the working world but this is a job that fitted into my student lifestyle at a time when I needed funds.
It is interesting that these findings have come to light at the same weekend as the Oxford Poker Cup, the annual prestigious poker tournament put together by the students of Oxford University. In that case, the tournament welcomes poker players from around the world and is a showcase for talent and skill. However, it seems that in homes and dorms up and down the country, many students are playing into the small hours to ensure that they are making enough money to pay for food and rent.
Poker is a great game but for the majority of poker players, it should not be considered as the main source of income. There are plenty of great professional poker players around the world but in comparison to the number of people that actually play poker, the professionals are hugely outnumbered by the amateurs. Times are tough for everyone in the current economy but these findings will be particularly worrying for students and their families.
We’ve finally been getting a run of good weather in the UK, which is about time, but even with that in mind, you know it doesn’t take a long time for all of that to change. This is why there is always a good reason to head abroad. However, when the reason to head abroad is based on not only the sun but on poker as well, there is going to be an awful big queue of folk who are keen to head away from British shores and off to sunnier climes.
The Main Event is a joint event between the UKIPT and the Estrellas Poker Tour (ESPT) and it will run from the 12th of June to the 16th of June. The event is going to be a €1,000 +€100 buy-in event but with satellite events taking place now, you won’t have to pay that price if you are smart, talented or lucky enough. There are plenty of great side events to look out for too and if you are feeling flush with money on your holiday, the High Roller event is going to be one that will catch your eye. There is definitely something for everyone and while it may seem like a waste to spend so much time indoors when there is great weather to be enjoyed, the thrill and excitement that comes with playing poker for big cash is definitely something that will appeal to plenty of folk.
The fact that there are so many poker games,
Many people thought it would never happen but Jakub Michalak has been crowned the ISPT Wembley 2013 champion after a great day’s poker play at Wembley Stadium. The final table was played out in a suite overlooking the pitch as opposed to on the hallowed turf but if there was one immediate benefit from this, it was the fact that the victor didn’t have to climb all of those stairs to collect the trophy and the all-important cheque. I suppose when you win you find an extra source of energy somewhere but some players must find those stairs a great strain at the end of the game! Not that this have been on the mind of Jakub Michalak although he will no doubt celebrate as though he won the FA Cup or Champions League final.
Into the final day and sadly, Gwendoline Janot, the final female player left in the tournament crashed out in 6th place. At least there was a prize of €73,000 (officially but indications about a deal being made would see Janot grab €243,000) to make her feel better. She was quickly followed by Alban Juen in 5th.
After
There may still be one or two mutterings about the overlay but the great thing about the ISPT at Wembley was that the focus eventually fell on the poker. This was always likely to be the case at some point but with even the final hours before the tournament commenced showing more of an interest in cash than chips, there was a concern that there was going to be an overshadowing of the poker play. Once the action got underway on that Wembley turf, like so many times before, everything that was discussed and concerned about in the build-up was forgotten as the excitement and passion of play took over.
Every player that made it past the Sunday stage into the Monday knew that they were making some money from the tournament, which is always a relief. Some of the big name players that survived the Sunday session were Sam Trickett, Tony G, Toby Lewis, Neil Bernadout, Marcel Luske and
London has already witnessed a great number of poker events taking place this year but it seems that there is always room for one more! Given the size and scope of
If there is one thing that Scottish sportspeople seem to do very well, it is glorious failure. Andy Murray finally managed to buck this trend with his Grand Slam win in 2013 but for so long in his career it looked as though he would be another Scottish person who promised big and then just fell short. There is something about Scotland that seems to revel in the glorious failure and coming so close and now there has been a poker hard luck story to add to the tales of national woe!
So it proved and going into the final head to head, the chip stack stood up as Vamplew on 550,000 chips while Pope held 6,650,000. Vamplew put up a valiant effort but it was done and dusted within 10 hands of play as Pope proved that chip leaders can sometimes get home in style and comfort!
Yet another GUKPT event is over and another player has risen to the top. Like most
Next to go was Simon Skinner and it was no surprise to see Dom being the man once again to take him out. Third place at this event raked in £8,800 for his efforts. This saw Dom Mahoney and Nick Humphris going head to head and the battle raged from end to end. Dom initially held a great lead which Nick would claw back only for Dom to quickly race away again only for Nick to pull himself back into contention. This pattern continued for a while until Nick got his chance and managed to power home, making his lead and dominance count.
A big Saturday event is always going to be ensure that Wembley Stadium is buzzing with excitement and the Day 2b event at Wembley Stadium for the ISPT Main Event was such an occasion. The two live days prior to this had seen a total of 761 entries for the live events, which was a good thing but there was no doubt that on Saturday, the talk of the event was still about the money that was needed to ensure that the pre-tournament promises would be lived up to.
In the Saturday action itself, there had been hopes for the ISPT ambassador, Michael Mizrachi. The player that is known as “The Grinder” got off to a good start, reaching 150,000 chips but this high level disappeared almost as quickly as it came along. Before too long, Mizrachi was struggling on just over 30,000 chips and he was eliminated from the event shortly afterwards.