PokerStars early tournament payouts coming to additional tournaments. Jake Schindler wins €100k SHR in Barcelona. Check out these stories and more in the Wednesday Hit and Run.

PokerStars Expands Early Tournament Payouts

If you are a tournament player on PokerStars, you may have noticed a new feature that PokerStars has quietly rolled out called Early Payout Tournaments. The new feature pays players in designated tournaments as soon as they reach the money. When a player busts out of a tournament, they will be paid the difference between the total payout won and the amount already paid.

The added bankroll boost can allow players the ability to use funds that they have already won — but traditionally not been paid until after a player gets knocked out — to enter other tournaments or cash games. Early Payout Tournaments currently represent over 50% of PokerStars tournaments with further expansion to other tournaments including the Sunday Million. PokerStars has paid out over $1 million through Early Payout Tournaments thus far.

Quick Hitters

– Jake Schindler took down the €100,000 Super High Roller on Wednesday when he outlasted a field of 48 including Stephen Chidwick heads-up to win €1,750,000, the second largest tournament cash of Schindler’s career. The huge cash puts Schindler at nearly $18 million in live tournament winnings, good enough for 19th place.

In other partypoker LIVE Barcelona Grand Final results, Matan Bakrat was victorious in the €2,700 Warm-Up for €355,000. Wednesday also marks the beginning of the Main Event, which is set to run from April 11th to April 15th.

– Only 7 players have won $10 million or more playing online poker. Chris Moorman was the first player to reach the milestone and is also currently the all-time leader. Since he achieved the feat in 2013, only six others have managed to reach the prestigious mark. Pocket Fives breaks down the most likely players to hit the milestone next.

– Check out David Huber’s in-depth report on movement in New York that has the poker industry buzzing. New York State Assemblyman Clyde Vanel told Online Poker Report that legislation in the state has a “good shot.” For more information on the bill itself be sure to look over the New York Online Poker FAQ.

– Alex Weldon reviews poker rankings from across the internet, including close races for Player of the Year.

– Wednesday’s Grinderschool.com poker training video of the day is Part 2 in CodeRed’s “Poker201” series, a look at intermediate poker strategy. In this episode, CodeRed takes viewers through a talk about playing in the small blinds, especially when facing a late position raise.