$1,000,000 One Drop WSOP Event June 30th 2012

[CanuckG]

Largest buy-in for a poker tournament EVER is taking place tomorrow at the Rio. It will cost you $1,000,000 to enter...or if you're lucky you could win the $25,300 satellite which is taking place as I type.

Here are the entrants below:

Bobby Baldwin	Chief Design & Construction Officer, MGM Resorts Intl	Las Vegas, NV	62
Frederic Banjout	CEO, Eden Shoes	France	42
Bob Bright	CEO, Bright Trading, LLC	Las Vegas, NV	72
Ilya Bulychev	Businessman Moscow,	Russia	55
Roland De Wolfe	Professional Poker Player	London, UK	27
Tom Dwan	Professional Poker Player	Las Vegas, NV	25
Jonathan Duhamel	Professional Poker Player	Montreal, Canada	24
David Einhorn	Hedge Fund Manager	Rye, NY	43
Antonio Esfandiari	Professional Poker Player	Las Vegas, NV	33
Phil Galfond	Professional Poker Player	North Potomac, Maryland	27
Bertrand Grospellier	Professional Poker Player	France	31
Philipp Gruissem	Professional Poker Player	Germany	25
Giovanni "Malibu" Guarascio	Professional Poker Player	Montreal, Canada	55
Phil Ivey	Professional Poker Player	Las Vegas, NV	36
Eugene Katchalov	Professional Poker Player	New York, NY	31
Cary Katz	CEO, College Loan Corporation	Las Vegas, NV	41
Jens Kyllönen	Professional Poker Player	Finland	22
Guy Laliberté	Founder, Cirque de Soleil/OneDrop.org Canada Founder	Montreal, Canada	52
Ben Lamb	Professional Poker Player	Las Vegas, NV	27
Tom Marchese	Professional Poker Player	Parsippanny, NJ	24
Jason Mercier	Professional Poker Player	Davie, FL	25
Michael Mizrachi	Professional Poker Player	Miami, FL	31
John Morgan	CEO, Winmark Corporation	Minneapolis, MN	71
Daniel Negreanu	Professional Poker Player	Las Vegas, NV	37
Paul Newey	Chairman, New Wave Ventures	Dorset, United Kingdom	43
Chamath Palihapitiya	Venture Capitalist	Burlingame, CA	35
Bill Perkins	Owner, Small Ventures (Private Equity)	Houston, TX	43
Paul Phua	Asian Businessman	Miri, Malaysia (Island of Borneo)	48
Brian Rast	Professional Poker Player	Las Vegas, NV	30
Vivek Rajkumar	Professional Poker Player	Las Vegas, NV	26
Tobias Reinkemeier	Professional Poker Player	Brighton, Germany	24
Andrew Robl	Professional Poker Player	Las Vegas, NV	25
Phil Ruffin	Owner, Treasure Island Resort	Las Vegas, NV	76
Rick Salomon	Film Producer	Los Angeles, CA	44
Nick Schulman	Professional Poker Player	Manhattan, NY	27
Noah Schwartz	Professional Poker Player	Miami, FL	28
Erik Seidel	Professional Poker Player	Las Vegas, NV	52
Mike Sexton	Professional Poker Player	Las Vegas, NV	64
Dan Shak	Founder, SHK Asset Management	Philadelphia, PA	53
Talal Shakerchi	European Hedge Fund Manager	Surrey, United Kingdom	48
Mikhail Smirnov	Businessman/Poker Player	Moscow, Russia	39
Justin Smith	Professional Poker Player	Los Angeles, CA	24
Brandon Steven	Businessman/Car Dealer Owner	Wichita, KS	38
Sam Trickett	Professional Poker Player	East Retford, United Kingdom	25
Haralabos Voulgaris	Professional Gambler	Winnipeg, Canada	37
Richard Yong	Asian Businessman	Kuala Lumpur, Malaysia	54
Satellite Winner	$25,300 Mega Satellite - June 30 at Rio (name(s) TBD)	TBD	TBD
Satellite Winner	MGM Resorts International VIP winner (name TBD)	TBD	TBD

The final nine players of the 48-player field will receive the following:

1st: $18,346,673
2nd: $10,112,001
3rd: $4,352,000
4th: $2,645,333
5th: $1,834,666
6th: $1,621,333
7th: $1,408,000
8th: $1,237,333
9th: $1,109,333
:
Total $42,666,672 (Prize Pool)

The remainder of the prize pool, $5,533,328 will go to OneDrop.org, an official charity partner of the
World Series of Poker. Out of each $1 million entry fee, $111,111 has been ear-marked to go
towards OneDrop. For this event, the WSOP eliminated all typical house fees to operate the event.
In terms of records, the $18,346,673 is the largest-ever first place prize awarded in any sporting event
of any kind (outside of boxing). Additionally, the second-place prize of $10,112,001, will become the
third-largest prize ever awarded in poker, behind Jamie Gold’s haul in the 2006 WSOP Main Event
($12 million).

My guess for top 3 are Katchalov, Seidel and Duhamel.

[Iwinyourmoney]

I wonder come tax time how much is a write off. The full 1mil or the amount taken out for charity from the buyin

[Cuse4tw]

Which one is roxxy?

[CanuckG]

I wonder come tax time how much is a write off. The full 1mil or the amount taken out for charity from the buyin

Wait what. If you're saying what I think you're saying...

When you cash at the WSOP, you get a W-2G only for the difference between the prize and the buy-in. Poker tax law can be murky, but I'm fairly confident you only owe on the $100K profit if you cash for $1.1M.

[CanuckG]

Which one is roxxy?

He only had $400,000 not enough

[bettilimbroke999]

**** I missed the deadline...damn!

[lunchbawks]

this is a great event.. i really hope the winner isn't a pro poker player... those rich business people would probably give it all back to onedrop

[GUMMO77]

Should be amazing.

I believe ESPN if covering one table per day, and the final table.

[Grits n' Gravy]

Why isn't tt playing? He's the self proclaimed greatest poker player alive and his mama has checks for hundreds of thousands just lying around house.

[CanuckG]

Should be amazing.

I believe ESPN if covering one table per day, and the final table.

Correct. They'll have a "feature" table. Probably table of death with Ivey, Seidel, etc.

Sunday and Monday at WSOP.com, there will be a stream of a feature table. Tuesday afternoon is final table coverage, first on ESPN2, then moving to ESPN at 8pm

Table draw is here on left side when you open link:

http://news.bluffmagazine.com/wsop-video-bluff-wsop-poy-watch-michael-mizrachi-31790/

[Reload]

Pretty cool idea here - should be more big buy-in events instead of thousands playing powerball.

[GUMMO77]

Correct. They'll have a "feature" table. Probably table of death with Ivey, Seidel, etc.



Table draw is here on left side when you open link:

http://news.bluffmagazine.com/wsop-v...izrachi-31790/

Holy shit, they better have that table on ESPN. That's both amazing and disgusting.

[CanuckG]

They might re-draw tables which could cause an uproar because look at Table 405 and 403 Waaaay too many amateurs at one table.

[Ez Money 77]

I am thinking about getting in this next year. Is there an address to mail my entry fee to? Do they accept cash?

[boeing power]

I am thinking about getting in this next year. Is there an address to mail my entry fee to? Do they accept cash?

I think they accept SBR points too.

Get a loan in the points forum.

Gave you 1, you're on your way kid.

[Ez Money 77]

I think they accept SBR points too.

Get a loan in the points forum.

Gave you 1, you're on your way kid.

[CanuckG]

I am thinking about getting in this next year. Is there an address to mail my entry fee to? Do they accept cash?

Go to the Rio....example:

[Inkwell77]

Made men on this list.

[CanuckG]

Most of these guys are backed.

Tom Marchese, a pro who recently won a $1.3 million top prize in a tournament, said he sold his buddies shares, but he didn't charge a markup. He posted $150,000 himself.
Mike Sexton, a famous poker veteran and television commentator, said a prominent Los Angeles businessman he met at a private, high-stakes game offered to stake the full, $1 million One Drop buy-in. The investor also agreed to take only half of any winning jackpot.

One person for sure who has 100% of himself in the tourney is Jens Kyllönen.

[CanuckG]

I'd guess Ivey, Negreanu and the other businessman have themselves for 100%.

The guy who made "1 Night in Paris" that porno with Paris Hilton is playing.

So is this dbag Brandon Steven.

[jjgold]

Crapshoot

Does Canuck do anything but play poker 20 hrs a day?????

This guys wants to be like them

[k13]

Easier to win this than our 11 point daily tourneys.

[CanuckG]

Crapshoot

Does Canuck do anything but play poker 20 hrs a day?????

This guys wants to be like them

Better than playing craps and blackjack like a lot of these guys do or betting the horses.

[CanuckG]

Phil Hellmuth just won the satellite in from MGM/Aria tournament into the One Drop. Unreal.

[tony_come]

This shit is rigged

[CanuckG]

This shit is rigged

It was a private satellite too....he's also sponsored by Aria.

[lunchbawks]

hellmuth will dominate this small field full of rich expats

go phil!

[GunShard]

hellmuth will dominate this small field full of rich expats

go phil!

Phil Hellmuth isn't even on there.

I hope Tom Dwan wins it all.

[CanuckG]

Phil Hellmuth isn't even on there.

I hope Tom Dwan wins it all.

Read my post above. #24

[CanuckG]

http://www.pokernews.com/live-reporting/2012-world-series-of-poker/25-300-one-drop-mega-satellite/

Last satellite on ATM TOP 2 are in.

Gus Hansen chip leader atm. One of the guys left got in for $65

EDIT: 2nd place is placed on alternate list incase no seat available so instead receive 1 million dollars.

[GUMMO77]

Hansem, Deeb, or Grospellier would nice.

[Grits n' Gravy]

My friend at Rio said the cash games taking place right now are insane.

[GUMMO77]

Hansen wins the seat and Deeb gets on the bottom of the alternate list. So Deeb more than likely won't get in the tournament and will just collect the $1,000,000.

[JerseyLove]

if you follow poker you are a square

[k13]

I heard Hellmuth won a Satellite to get in.