by Joseph Smith Sr.
One more Omaha Hi-Low Split-8 or Better event finished early Thursday morning. This one had a $3,000 buy-in and gathered 457 entrants to do battle for some cash and most especially a piece of WSOP gold. A $1,247,610 prize pool awaited the top 54 finishers with the winner schedule to receive $286,976 in cash and a year's worth of bragging rights.
Among the notables was a familiar poker pro and the 2004 Main Event runner-up, David Williams, cashing out in 6th place. Additional poker pros making the cash out line was Brandon Shack-Harris, James van Alstyne, Chino Rheem and Justin Bonomo.
Event #59 finally came to a conclusion a few minutes after 2 AM when Zack Milchman had all his remaining chips in the pot and couldn't beat Phillip Hui's pair of Tens. Milchman of Delray Beach, Florida collected $177,609 for second place.
Phillip Hui received $286,076 in cash is now the owner of a 2014 WSOP champions gold bracelet which he will proudly show to all his family and friends back home in San Antonio, Texas.
by Joseph Smith Sr.
Those wondering about the format of this tournament have faith, it's easily explained. The event is a No-Limit Hold'em and the part that makes it unique from all other No-Limit Hold'em tournament is the maximum number of players at each table.
Day 1 began with nine players at each table then on Day 2 the tables go to six players and on the final Day 3 the tables are four-handed until down to the last four at which point the match becomes a heads-up event. This is the same format as an earlier $25,000 buy-in Event #2 won by Vanessa Selbst The Mix Max format was introduced during the 2013 WSOP.
The final heads-up match occurred between Jared Jaffee and Mike Watson. Watson had to battle his way from behind when he played the semi-final match against Mark Herm and prevailed after coming desperately close to elimination. But, this second match with Jared Jaffee sitting across the felt didn't include another miracle come-from-behind save.
The two traded the chip lead back and forth but eventually Jaffee pulled ahead. The final hand saw Watson with pocket Jacks to Jaffee's Ace - 6 of clubs. The board gave Jaffee the winning 8 high straight to trump Watson's Jacks and he alone stood atop the field of 1,475 starters. Winner Jared Jaffee collected $405,428 from the $1,991,250 prize pool and his first WSOP gold bracelet.
by Joseph Smith Sr.
We have pointed out the popularity of No-Limit Hold'em poker many times while covering the 2014 World Series of Poker. If you offer the “Cadillac” of tournament poker games it doesn't matter a great deal how much or little the buy-in they will come and stand in line with their seat money in their hands. Having just witnessed a $1 million buy-in event that pulled in 42 players we now move to a $1 thousand buy-in that sold 2,525 seats.
These lower buy-in tournaments typically break the money bubble on Day 1 and event #56 was no exception having reached the 270 players scheduled to be paid from the $2,272,500 prize pool in the day's final level.
The additive allure of WSOP gold bracelets seeds the list of entrants with well known pros players seeking the gold. With the large fields even the lowest rung of buy-ins creates huge prize pools and again, event #56 was no exception offering the winner $403,482 in cash. It may not be the $15 million up for grabs in The Big One for One Drop but it will certainly help to pay the bills and pad the play bank.
Today's poker player to cash in the $1,000 poker jackpot and walk away with a WSOP gold bracelet and $403,483 in cash was Mike Kachan of Edina, MN. He defeated Jeff Blenkarn heads-up in the wee hours of Tuesday morning. Blenkarn will be sitting on $250,815 as he makes his way back home to Rockford, MI.
Come on down to the Rio in Las Vegas, we're keeping your WSOP seat warm for you.
by Joseph C. Smith Sr.
A poker tournament with a prize pool totaling $37,333,338. And that's after $111,111 from each of the 42 entrants $1 million buy-in which totals $4,666,662 is set aside for the One Drop Foundation. Arithmetically inclined readers will be quick to note when you add the prize pool and the One Drop donation you get exactly $42 million. So how much goes to the house? None! Harrah's WSOP is not taking any of the money.
This 3 Day event offered plenty of exciting and often humorous moments. Amazing how at this level of poker the players can be so casual about anything considering the amount of money at stake. The top eight finishers received at least $1,306,667 in cash. Even after deducting the original $1 million buy-in some serious money remains.
Day 3 saw the field of 42 cut to just 2 players with chips. A 23-year-old Daniel Colman from Holden, MA faced 5 WSOP bracelet veteran Daniel Negreanu. Going into the heads-up play Colman held the chip lead with 68 and a half million to Negreanu's 57 and a half million. Five hands later Negreanu had the chip lead with 73 and a half million to Colman's 52 and a half million. Nrgreanu continued to stretch his lead and was holding a 2 to 1 advantage then the momentum reversed and quickly colman was ahead.
Negreanu pulled ahead one more time then Colman pulled ahead and continue to pad his lead. He never looked back after that and finally Negreanu shoved his remaining chips into the pot holding Ace-4o and was called and covered by Colman tableing a K-Qo. The flop showed J-A-4 giving Negreanu two pair and the lead and Colman needing a 10 for a straight. The turn was a 10 giving Colman the lead and a straight and leaving Negreanu in desperate need of an Ace or 4. The river was a 7 and Colman was the owner of a very special WSOP bracelet and $15,306.668 in cash. He's also in the poker history book as the winner of the second largest cash prize in a poker tournament.
Daniel Negreanu received $8,288,001 for second.
By Wendeen H. Eolis
Until moments after the 2009 WSOP final table proceedings in the fall, Jeffrey Pollack was the public face of the WSOP. And then, suddenly, he announced his resignation and rushed off to take interviews that controlled the immediate spin on his departure. He said he was ready to survey opportunities in new pastures and pleased to have contributed to the growth of the WSOP brand.
Despite the happy state of affairs effectuated by the Pollack-Stewart collaboration, the collegiality between the two men had begun to wane at least a year earlier. A corporate reorganization of CIE was also afoot. Although Pollack had recommended a strong initiative in the online gaming market, and sought to add this responsibility to his portfolio, Caesars Entertainment CEO Gary Loveman was zooming in on Mitch Garber, the recently departed CEO of Party Gaming, to lead such an effort.
Mitch Garber Steps up to Bat
Pollack’s unveiled opposition to Garber as his potential boss made for an awkward situation once Garber was plainly in line to take the reins of CIE (initially Harrahs Interactive Entertainment), including Pollack's most treasured domain, the WSOP.
In the spring of 2009, Garber became CEO of CIE. With Garber's blessings, Pollack assumed the title of President of CIE, briefly. But, Garber was running the show and relying on others as he built his team. In the fall of 2009, Pollack resigned. Garber tapped Stewart as his replacement.
Stewart Shines Brighter under Garber
by Joseph Smith Sr.
When was the last time the final two heads-up players had chip counts of 80,200,000 and 37,550,000? How about in a $1,500 buy-in event? This is exactly the situation in event #51 of the 2014 World Series of Poker happening now at the Rio Resort in Las Vegas.
It's the $1,500 buy-in No-Limit Hold'em Monster Stack that pulled in 7,862 entrants and created a prize pool of $10,613,700 paid to the top 792 finishers. The winner receiving an incredible $1,327,083 for their $1,500 investment plus one of the WSOP gold bracelets.
The wild success of this format is certain to not only be repeated in coming years but will likely be expanded to more than one event. Each of the starters receive 15,000 in play money and then attempt to survive the three days of play and become the latest WSOP millionaire.
When the dealing was done Hugo Pingray held every one of the 117,750,000 tournament chips in play. He also laid claim to the winner's pile of cash totaling $1,327,083 and his first WSOP gold bracelet. Pingray will also have an interesting story to tell his fellow travelers as he wings it home to Switzerland.
Joseph McKeehen collected $820,863 for second place.
by Joseph Smith Sr.
Event #55 of the 2014 World Series of Poker at the Rio in Las Vegas was another of the player and crowd pleaser. A $1,500 buy-in No-Limit Hold'em match that always attracts quite a crowd and this one was no exception. Day 1 saw 2,396 entrants take a seat for the scheduled three day event. Offering a prize pool of $3,234,600 paid to the top 243 finishers.
A purse share totaling $582,321 was held for the winner along with a new WSOP gold bracelet. As is typical of these events most of the field was on the rail at the end of Day 1 leaving just 268 players with chips to return on Day 2 and continue the journey to poker stardom.
When the final table was reached on Day 3 David Jackson had a commanding chip lead with 4,950,000
while the next closest stack was just under a million and held by Aaron Massey. Jackson finally hit the rail in 4th place while Massey went out in the 3rd spot.
Heads-up play between Asi Moshe and Michael Ferrer began with Ferrer holding a slight chip lead. It only required 7 hands into the heads-up play before Asi Moshe had all of the chips, $582,321 in cash and his first WSOP gold bracelet which he can admire on his return trip home to Tel Aviv, Israel.
Michael Ferrer had to settle for $361,207 in cash for his runner-up finish.
by Joseph Smith Sr.
Buy a seat in WSOP event #54 for $3,000 and spend three days at risk of mental overload trying to figure out all the intricacies of Pot-Limit Omaha Hi-Low Split-8 or Better. Omaha is noted for it's wild action that can produce constant swings in chip stacks. Watching these tournaments always appeals to the fans and favorite.
When the shuffle up and deal command came and the cards went into the air there were 474 starters hoping for WSOP gold and some of the cash from the $1,294,020 prize pool. The top 54 finisher received cash but only one experienced the thrill of claiming a WSOP gold bracelet and joining poker's most exclusive club.
The player atop it all was German player, Florian Langmann, claiming his first WSOP victory and gold bracelet. He also collects $297,650 after sending second place finisher, Zack Freeman, to the cashier cage to collect his $184,216.
WSOP Branding Machine: The Players are the Stars - by Wendeen H. Eolis
The World Series of Poker: It's Our Woodstock! - by Shari Geller
World Series of Poker Events up to 52
AND MUCH MORE, Download the new Issue PDF now!
by Joseph Smith Sr.
Finally, one of my favorites events. When the ladies all gather around the tables and play serious poker. This year's event drew 793 ladies to the No-Limit Ladies Championship, down about 17% from last years 954 entrants. A prize pool of $713,700 distributed among the top 81 finishers with the winner receiving $153,470 in cash and a special WSOP gold bracelet.
Probably some of the readers are saying, “Hey, wait a minute. Just how much juice is the house keeping if the prize pool for a $10,000 buy-in event with 793 paid admissions is only $713,700?” That's a legitimate question that can be easily answered by a little bit of politically correct sleigh of hand. To keep this ladies event stocked with only ladies and none of those rowdy males the WSOP had to resort to creating a situation that didn't appeal to the boys. All Ladies entering that are indeed ladies receive a discount of 90% on their buy-in while male entrants much pay full price. Clever, huh?
Once the heads-up stage was reached between Mikiyo Aoki and Haixia Zang it only took eleven hands to have our ladies champion for the 2014 World series of Poker. Haixia Zang of Los Gatos, California stood alone above the field holding all the chips and claiming her WSOP gold bracelet and the $153,470 belonging to the champion.
Mikiyo Aoki fought the good fight but came up one position short finishing in second place so heads home to Bozeman, Montana with her $94,800 in prize money.