What was an amazing story of a record turnout at Event #1 of the Borgata Winter Open's $2 Million Guarantee has turned into a national story about greed, cheating and counterfeit chips. Welcome to “Chipgate.”

According to the Associated Press, The New Jersey Division of Gaming Enforcement has officially cancelled the tournament and the prize money is being held in limbo pending an investigation as it was determined that one or more people introduced “a significant number of counterfeit chips” into the tournament. Reports indicate that the counterfeit chips amounted to roughly $1m in $5k tournament chips (there were roughly 96mm in play).

Play at the Borgara Winter Open $2 Million Guarantee has been halted overnight as tournament officials believe the tournament has been compromised by fake tournament chips. In fact, it looks like up to one million chips worth of bogus chips have masterfully been incorporated into the tournament.

PokerNews, who is covering the event, was on hand to break the story. According to them, Borgata Senior Vice President of Operation Joe Lupo said that Borgata officials are conducting a 24-hour investigation in conjunction with the New Jersey Division of Gaming Enforcement in which they hope to get the tournament back on track.

“We have reason to believe the tournament was compromised,” Lupo told PokerNews “There’s nothing more important than ensuring the integrity of the tournament. All other tournaments are moving forward with full confidence.”

Freddy ‘sirfreddy83’ Torres represents PokerStars Team Online and, as such, found himself at the PCA with a little time on his hands. Here, his buddies offer him $1k to jump into the shark tank, which is totally different than the Shark Cage. He calls their bluff, hopping the rail and plunging like a penguin into the shark infested waters.

Luckily, Torres emerges uneaten, $1,000 richer and the owner of a solid story.

Retweeted by poker pro Matt Stout, Mike Linster thought he was in a good spot. His pocket Aces were taking on TWO people holding Kings — what could go wrong? With cards on their back Linster is a 96.33% favorite to win the hand while his opponents each have a mere 1.17% chance to rake the pot.

Ladies and gentlemen, this is poker.

Back in the good old Full Tilt Poker days, for many of the sponsored pros, it probably felt like money grew on trees. In this classic Ivey photo, oft considered one of the most baller of all time, Phil plays at the WSOP, while getting calf massage with a sick roll of cash just laying next to him on the floor of the Rio. Today, Ivey admitted something about this moment…

This pic has been around for a while, truth is I don’t think I knew the money was there.

Whether he knew it or not, there wasn’t a chance that anyone was going to touch it.

Earlier today a report (or rumor, whichever you prefer) hit the internet that former Full Tilt Poker sponsored 'Professional’ Tom 'Durrrr’ Dwan took a Macau cash game for $25 million.

$25 million US Dollars.

Looking for a little mid-week live poker stream? The Live At The Bike crew are showing the Final Table of the Mega Millions VIII where 1st place is worth right around $250k. Hole cards and commentary available.

CLICK HERE to watch the Live Stream

It’s no secret: U.S. facing online poker site Lock Poker looks to be in big trouble.

What comes to mind for most in the know is that there is a large number of players who are looking to get paid and money just is not flowing off the site. In fact, players on the Two Plus Two Forums have an ongoing report of how many players are still in limbo with withdraws and as of this week there are 303 players waiting on over $800,000 — and that’s just those who have checked into 2p2 – some of which have been waiting over a year.

Timing is everything. If you happened to be at the Moby Dick bar in Uruguay this past weekend then maybe you were in the right place at the right time. As reported by The Independent, a French gambler hauled in $30,000 from a casino while celebrating his birthday and was in such a good mood, he decided to make it rain.

On the terrace of the bar, the Frenchman threw the $30k in the air to share with anyone who happened to be in the vicinity. Reports have him spending a full hour, from 6:30am-7:30am, showering the crowd that had gathered. Finally, before it was all over, the man lit a cigar with a couple hundo, gave away the rest and decided to head back to his hotel at the Punta del Este resort.

As he went for a taxi, the man realized he’d given away the last of his winnings and had to borrow some back just to make it home.

Talk about it over at Reddit.

You know them, you love them. It’s the WSOP.com online commercials where attractive women and obviously very mentally unstable men teach you about the most basic poker terminology.

In this episode they encourage you to slowly put your nuts into action. Enjoy and critique.

There’s nothing worse than showing up to a home game and having it be a bunch of doods with nacho stained cards and the pretzel sticks are both the stakes and the snacks. Get it together BRO!

If you’re going to have your buddies over for a bona fide home game than do it RIGHT – good cards, a chip set and somewhere to put your libation of choice that’s not going to wreck the action.

In a really nice article for Poker Player Magazine, 2009 World Series of Poker November Niner James Akenhead, opens up about what happened to his poker playing career in the 4+ years since he took 9th place in the WSOP Main Event for over $1.26 million dollars.

He details what it’s like to be young and suddenly rich, chasing that next score, running poorly and living out of a suitcase for nearly a decade playing poker.

Chad Holloway made headlines of his own last summer when the PokerNews scribe took down the $500 Casino Employees Bracelet Event at the 2013 World Series of Poker at the Rio this past summer. In his syndicated article he offers a peek into his mindset on how he set a trap for his final opponent and took home the title.

Daniel adds something to his Choice Center vision board.

Speaking of Daniel’s vision board…check out the latest ESPN article by Bernard Lee that talks about Daniel’s road from the depths of self-doubt to his historic 2013 campaign.

Take a “real” look at the life of 888.com sponsored professional poker player Jesse Sylvia as he spends the year travelling to the 2013 PCA, the Aussie Millions and back to Las Vegas for the WSOP. Jesse can’t help but spend his cash on his close family while looking for that elusive 2nd massive score. Managing his $5.3 million dollars from his 2012 WSOP finish and his relationship with dancer-turned-poker pro girlfriend, Jesse admits what we all know – being a millionaire is pretty cool.

WATCH: MTV’s Real Life 'I’m A New Millionaire’

To preface this video, you should check out our big brother pokerfuse's recent article regarding tournament photo journalist Jay “WhoJedi” Newnum and the accusations that he stole money from the Foxwoods poker dealers tip jar.

Bryan “The Icon” Micon, who always loves to get to the bottom of things, read theTwo Plus Two reports that Newnum allegedly used “sticky chopsticks” to fish out the cash. In this short video, Micon goes into the horribly unkempt DonkDown C.S.I. labs to check out the claims. Even though Gil Grissom was not available to assist, Micon embarked on a journey of discovery he won’t soon forget.

The final day of the 2014 PokerStars Caribbean Adventure saw two of poker’s most talented, high profile players chasing both history and massive amounts of money. Mike “Timex” McDonald looked to become the first player ever to win two EPT Main Event titles while the red hot Vanessa Selbst took her shot at winning back-to-back championships in the PCA $25k High Roller.

Poker is supposed to be fun! So, Pokernews’ Kristy Arnett has decided to show her comedy chops with “Poker Stereotypes” — a short send up of all the types of (annoying) players one might find at the 2014 PCA. There’s the holla balla, the aggro euro and, introducing your boy Rich Ryan as a member of Comcast Cable’s The Slowskys.

It’s short, you might chuckle and we assume that since this is officially titled “Part 1”, we’ll be posting “Parts 2-9”. You may as well give it a click just to stay on top of your stereotypes.

The stare down. We’ve all been on one side or the other of it. That long gaze that searches for any sign of strength or weakness to help a decision be made. Looking for a tell.

Well, in this pretty great article from Regressing they provide 5 televised tells that would hardly require a Mike McDonald type staredown to pick up. From Matt Damon on the WSOP featured table, to an amateur trapping The Poker Brat on The Big Game, here’s video of some of the most obvious tells ever put on camera.

We know you love the free contests so here’s one that’s pretty easy to participate in. Hop on the social media feed of your choice and tag your very best magic trick with #ultimatemagic.

Make sure you @ mention both Antonio and Ultimate Poker and, if you’re slight of hand is deemed the best, you could be watching people punch each other in the face — in person!

Tickets to UFC 169, where newly Undisputed Bantamweight Champ Renan Barao takes on fan favorite Urijah “The California Kid” Faber, are up for grabs.

As reported by the dudes at PokerStrategy, poker fanboys all over the world are wearing black today as it was announced over the weekend that Bodog reporter and sometime poker cat (not pokerkat) is officially off the market.

Tournament Director and photographer of men, Matt Savage is one of the good guys in poker. Now, any question you may have for the master of the mic is on the table. He’s taking all questions this Thursday, January 16 at 12:00pm EST and all you have to do is post what you want to know in the P5’s forums.

Ask about Daniel. Ask about the World Poker Tour. Ask about his golf game. You can ASK HIM ANYTHING, and he’ll do his level best to fill you with knowledge. So click on over to PocketFives and participate!

In what could have easily become an article about fast cars and high stakes with photos of Dan Bilzerian partying in his penthouse with playmates, TheRichest actually goes a different route in their latest piece on what it takes to become a professional poker player.

Some positions come across the wire, but this appears to be a special one looking for a special individual. Unlike online poker customer service or becoming a dealer at the WSOP where there is going to be a number of people accepted, PokerStars is looking for a numbers driven individual to become the newly-created Poker Data Specialist.

In a short story about industry growth, upstart poker magazine 2Pair is making waves in the Northern California poker scene with their inaugural poker tour.

Already promoting their 2nd stop at the 101 Club in Petaluma, the 9-event series features 30k guaranteed Main Event, live-streaming courtesy of Hold’em Radio and a number of local poker regulars including Joe Nguyen (last years runner up to the Bay 101 Shooting Star), Pat Lyons (the “best player in the Bay Area” and king of the bad beat) and, of course, Mimi 'I Can’t Fold This’ Luu.

One million dollars – winner take all!

Check out the promo for PokerStars’ The Shark Cage. Filmed on set at the 2014 PCA and featuring Jason Alexander, Phil Laak, Jennifer Tilly, Lex Veldhuis, Faraz Jaka, Tony Dunst, Philipp Gruissem and 2013 Poker Hall of Fame inductee Scotty “The Prince of Poker” Nguyen, this new series looks pretty exciting!

Just over one year ago top tier professional poker player Vanessa Selbst emerged victorious in the 2013 PCA $25k High Roller for over $1.4 million. Now a year and a day later, the same Selbst heads into Day 3 of the same event with the chip lead and only 14 players remaining.

She’s taking, yet another, run at going back to back.

Let this story serve as a reminder to all poker players professional and recreational, that in this game you can’t be too careful.

Self-described poker pro Jerad Klick told Jackson Township police that after going on a multi-day heater at the tables (and the pit) of the Horseshoe Casino in Cleveland, two armed men forced their way into his house stealing winnings of $60k in cash and $90k in casino chips.

Daniel Negreanu goes one-on-one with Bluff Magazine’s Thomas Keeling to talk in-depth about the direction of the poker industry and how over the years, in an effort to become “legit”, it has lost a little of its appealing wild side.

The 2013 WSOP Player of the Year goes on to, once again, speak up about what he feels are serious missteps by the Tournament Directors Association and how strict black-and-white enforcement of rules is alienating the casual player.

UPDATE: Here’s part 2 of the Daniel’s interview with Bluff:

Having busted from the main a few days ago, 2006 WSOP Player of the Year Jeff Madsen takes a few minutes to talk with Bluff about his one-time plan to move in and record with the OG of the poker rap game, Prahlad Friedman.

Fact is, Madsen is just spending more time on the grind than he is spitting rhymes. Check it out above.

Part-time professional poker player, and golf enthusiast, Josh Arieh spoke with Pokerlistings this weekend about an incident he had during the 2014 PCA $25k High Roller event. One of his table opponents, Rhys Jones, had a decision to make and, like many players that have a tough decision, he went into the tank. The problem was, for Josh, that it was only 20 hands into the tournament and it was already the third time this player had spent an excessive amount of time making up his mind. Josh had enough…

Ivey gunna Ivey.

He’s not in Macau, he’s not at the PCA – the People’s Champ is forever mackin’ on the beaches of Cabo. Ivey’s apparently, not broke, and getting himself relaxed and ready to head to the 2014 Aussie Millions.

He may be ranked #392 according to the Global Poker Index, but the popular vote still has Ivey as the undisputed best poker player on the planet.

There’s so much win in this photo including the Photobomb in the back and everyone is wondering just what the hell Ivey’s friend (bodyguard?) is looking at?!

“I’m a pimp in every sense of the word…”