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Negreanu Speaks Against Epic Poker League

12 August 2011 by admin

Epic-Poker-LeagueThere is a certain arrogance to using the word “epic” in your product. While arrogance isn’t bad in a businessperson, you had better back it up. Such is the case with the new Epic Poker League, which is the brainchild of poker pro Annie Duke.

The Epic Poker League was designed to be like golf’s PGA Tour, where only the best players can enter the events, so viewers are always able to see the best of the best. The qualification rules make sure that Joe Schmo off the street can’t simply win a satellite tournament or pay his way in and play with the big boys. The question is, does anyone care about having a professional poker league for the best players?

The inaugural Epic Poker League event is underway at the Palms Casino on the Las Vegas Strip. It is a tournament that has featured 137 poker pros and will have a grand prize of $1 million. The poker community has been buzzing about it, but there are a number of stars who have not entered. One such poker star, Daniel Negreanu, recently told the world why.

In his blog, Negreanu said that he doesn’t think the league will succeed due to a bad business plan. According to Negreanu, the league depends on creating a band that can then be used to create a U.S. licensed online poker site if and when the federal government decides to regulate the industry. He believes, though, that the league won’t generate enough interest from the public to do that.

“While the TwoPlusTwo crowd may love a featured table with online pros they adore, the mainstream public wants to see Sammy Farha bluff Phil Hellmuth and watch him go on a tirade!” Negreanu went on to say thathe doesn’t think the public will have interest in this and therefore, it won’t “bring in enough revenue to survive.”

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