Poker News Daily

Annie Duke Breaks Down Bellagio Poker Tournament Structures, UBOC 5

Poker News Daily: What have you been up to poker-wise since the conclusion of the 2010 World Series of Poker (WSOP)?

Annie Duke: Trying to slack off. My goal has to been to shirk all responsibility and I’ve been doing a pretty good job of that. The WSOP is a lot. It’s six weeks of playing every day and I am burned out from it. I still have been doing my part and went to Washington DC to testify in front of the House Financial Services Committee. I’ve been spending time with my kids before school starts. I was going to hit The Bike, but it conflicted with UBOC, which I wanted to play a lot of.

PND: You told us earlier that you’re not a big fan of the Bellagio’s tournament structures. Can you explain your point of view?

Annie Duke: When you can sign up on Day 2 and it’s not a bad choice, that’s not a good structure. If I show up on time, I’m playing in a structure where the average stack at the end of Day 1 is 10% higher than the starting stack. Overall, it seems like a waste of a day. If you show up on Day 2, you’re going to lose out on people who are willing to explode, so I also feel like you miss out on opportunities if you start late.

You shouldn’t have a good choice to sign up on Day 2. In the WSOP, signing up two hours late is reasonable to me. The third level in should be good relative to the starting stack. At the Bellagio, you’re signing up eight or 10 levels in. You shouldn’t be able to do that and still have a decent starting stack.

You want to have a lot of play, but at some point, you have to think about people’s play and their health. You should be getting into the money early on Day 2. The pendulum has swung so far partly because of events like the Venetian Deep Stack tournaments. Those go fast because they start you with a lot of chips, but the rest of the structure is pretty fast.

PND: The fifth Ultimate Bet Online Championship, or UBOC, recently played out on UB.com and Absolute Poker. Heading into the series, what were you looking forward to the most?

Annie Duke: I just like the variety. I feel like online it’s always No Limit Hold’em unless it’s one of these big tournament series. To figure out our UBOC schedule, we look at what’s done well in the past. We also want to preserve the integrity of the series itself. It might look like a good strategy to have all No Limit Hold’em events because they’re the most popular, but that hurts your series overall. When the Bellagio went all No Limit Hold’em, their attendance started dropping. People came in for a few tournaments here and there and then left. If you offer a big variety of games, people come in and camp out for a month to play.

It’s all about balancing what does well with what people will sign up for. The pros on UB.com definitely get asked about what they like. They have a good beat on what’s becoming popular. A year or so ago, people started pushing for Pot Limit Omaha Eight or Better and that’s a great game.

PND: Tell us about testifying in front of the House Financial Services Committee on July 20th in Washington, DC.

Annie Duke: Since the trip, HR 2267 got out of committee, which is amazing. We’re now in a situation that during the lame duck session when the spending bills are being passed, you’ll have people that know they won’t be retuning to Congress in 2011 and may not have a problem backing an online gaming bill. There’s a decent chance of the bill passing this year. I wouldn’t make it a favorite, but we have the best chance we’ve had in the last five years.

The big thing for me is overwhelming disappointment in the Commerce Casino’s position. They’ve taken an anti-competitive stance in regard to online gaming. Unless the Commerce is the only operator, they don’t want to share. That’s ridiculous for poker players. They want the version where they’re the only hub that offers online gaming in California.

If there’s a bill that allows gaming in California, it doesn’t help someone in Iowa or Delaware. Those states would have to pass their own bills, but look at the population difference. At the Commerce, I can gamble with people from all over the world. I feel like the Commerce Casino’s position is anti-competitive and their customer base consists of poker players. In the end, the poker players fund their commercial interests.

Also, I’m concerned by the comparison of the operators of online sites to the drug cartels. We know that’s not true. These sites may not be licensed in the U.S., but foreign governments that are friends of our government license them. France isn’t in the business of licensing drug dealers and terrorists.

PND: Tell us about Liv Boeree and UB.com parting ways.

Annie Duke: The issue was that she had a really good result that increased her value and wanted something we couldn’t come to terms with. It was very amicable.

PND: What are your Labor Day plans?

Annie Duke: I don’t have any plans, but I’ll probably cook out with my kids. We don’t do big Labor Days or Memorial Days. I feel like every day is a party at the Duke household.

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