The flaws he notes:
Villain is a mathematical expert and proves it by spouting off odds that every TV-poker junkie knows.
James Bond observes Villain's tell in a crucial hand. But his hand is so strong that he'd call whether or not Villain is bluffing, so the tell is useless.
Bond wins the tournament to save the world with a straight flush against the nut flush and not one but two full houses.
Tournament prize pool may be wrong. (Or it could be the first live tournament in history where money got added to the pool instead of taken from it!)
Bond tips the dealer with a tournament chip.