His biggest take came in October when he won $1,843 in a $250 No Limit Hold’em event at The Venetian.<\/p>\n
Dating back to 2011, Piccolo’s live tournament career earnings consist of seven cashes for a total win of $8,102.<\/p>\n
\nHe’s fared better online, he says, and primarily competes via internet rooms from his home in Las Vegas. He explains that he typically plays five or six hours a day, and is making a decent living.<\/strong><\/p>\n<\/blockquote>\nOvercoming the Odds<\/b><\/h2>\n
The Spin & Go format adds an element of pure luck to the poker table. After three players are seated at the table, a random draw determines the pot multiplier.<\/p>\n
Seven percent of the buy-in goes to rake, and the odds of the pot simply being doubled are the strongest at 72.92 percent. Piccolo’s table hit the 12,000-time multiplier at ridiculous odds. Just two in every one million games, or 0.0002 percent, land on the top multiplier.<\/p>\n
And as unlikely as it was to win on 0.0002 percent odds, Piccolo didn’t seem to have much chance of winning the $100,000.<\/p>\n
The third-place finisher bowed out relatively quickly, but that left Piccolo as a deep short stack against the remaining opponent. After gaining the majority of chips, Piccolo’s opponent took a big risk by shoving all-in with Q-7.<\/p>\n
Piccolo called with K-7, and after 3-10-3-4-2 was dealt to the community, he was the champ.<\/p>\n","protected":false},"excerpt":{"rendered":"
PokerStars New Jersey recently made one online poker player a lot wealthier. Back on January 29, James Piccolo, a 28-year-old resident of Nevada, was back east visiting his family in Bergen County. The self-described poker professional decided to test his talent on the PokerStars New Jersey platform and sat down at the $10 Sit & […]<\/p>\n","protected":false},"author":42,"featured_media":45557,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,14],"tags":[],"acf":[],"yoast_head":"\n
PokerStars New Jersey Turns $10 into $100,000 for Lucky Spin & Go Winner<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n