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$1 Million Wsop Tournament Starts
Sunday July 1, 2012 : THE BIGGEST POKER BUY-IN IN HISTORY (Update)
Wheelers, dealers, poker pros and businessmen eye the million dollar buy-in Big One for One Drop
Excitement is mounting in Las Vegas as July 1st approaches, and the start of the $1 million buy-in Big One for One Drop tournament, which will deliver phenomenal rewards, some of them to charity for the relief of water shortages in third world countries.
Some professional players and businessmen have the substantial wherewithal to pay cash for their participation, and it is understood that over 30 of these have already anted up. With a participation cap of 48 players, others are currently wheeling and dealing to obtain "investment" in their talents in return for a slice of their potential success.
For the winner of the three-day NLHE event, the first prize will be the biggest in history, eclipsing even Jamie Gold's $12 million in the main event of the World Series of Poker back in 2006. And there will be the bracelet associated with pokers biggest yet tournament.
Charity will also score bigtime, getting just over 11 percent of the total buy-in.
"I think the drama here is the size of the stakes and the eclectic mix of characters sitting at the table," Mitch Garber, chief executive of tournament host Caesars Interactive Entertainment, said Friday. "You have everything - billionaires, a Facebook millionaire, venture capitalists and business people."
Associated Press reported Friday that only two spots are still available before the event reaches its cap of 48 players. With several top players tweeting that they intend to enter, the cap will almost certainly be reached, creating a final table where nine players will share around $42 million.
The action will be streamed over the internet on Sunday going on Monday, with final table play shown with a fifteen minute delay Tuesday on ESPN2.
Confirmed big name competitors include North American poker pros Phil Ivey, Daniel Negreanu, Jonathan Duhamel and Michael Mizrachi, and Danish player Gus Hansen.
International entrants include Eden Shoes founder Frederic Banjout from France; hedge fund manager Talal Shakerchi of England and Cirque de Soleil and OneDrop.org Canada founder Guy Laliberte of Montreal.
Phil Ruffin, the owner of the Treasure Island Resort in Las Vegas, and MGM Resorts International executive Bobby Baldwin are buy-ins, along with Winmark Corp. CEO John Morgan of Minneapolis, Kansas car dealership owner Brandon Steven, Greenlight Capital founder David Einhorn of New York and Chamath Palihapitiya, a California venture capitalist, former Facebook executive and part owner of the NBA Golden State Warriors.
Einhorn has already pledged any winnings he may make to charity, a generous course he has previously followed in other such tournaments.
Four winners of low cost sponsored satellite tournaments also get seats.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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