Posts Tagged ‘Buyin’
After 11 seasons at the Bellagio in Las Vegas, the World Poker Tour World Championship has a new home on the east coast of the United States of America, namely the Borgata Hotel Casino & Spa in Atlantic City, New Jersey.
The WPT World Championship is the tour’s flagship event and one that poker players and fans of this amazing game look forward to coming around. Season 12’s World Championship runs from April 22 through to April 26, 2014 meaning there is only six months until the Borgata hosts its first WPT World Championship Main Event. Gone is the $ 25,000 buy-in and in comes a more affordable $ 15,400 buy-in event in its place. This lower buy-in coupled with the fact the Borgata-hosted WPT events are among the most popular on the poker calendar means the 2014 WPT World Championship could be one of the biggest and best in its 12-season history.
Home for three stops
The WPT now calls the Borgata home for three stops per season. One stop, the Borgata Poker Open, took place in September and saw 1,189 players create a massive prize pool of $ 3,805,989. Anthony Zinno defeated Vanessa Selbst heads-up to claim the $ 825,099 first place prize and a seat in the 2014 WPT World Championship.
The second Borgata stop, the Borgata Winter Poker Open, runs January 26-31, 2014, with the third and final New Jersey stop being the WPT World Championship.
“We’re very pleased to name Borgata — now home to four of the five biggest tournaments in WPT history — the host of the Season XII WPT World Championship. With Borgata’s well-deserved reputation for running world-class tournaments and providing unparalleled service to its players, we believe this venue is perfectly suited to host our season-culminating event. We look forward to working with the team at Borgata to bring the WPT World Championship to new heights,” said the WPT President Adam Pliska.
Partypoker’s very own Marvin Rettenmaier has fond memories of this event having become one of its highest profile winners at the end of Season 10. Rettenmaier bested a 152-player field to get his hands on the largest win of his career so far, the princely sum of $ 1,196,858.
WPT World Championship Past Winners
|1||WPT Championship Season 1||Alan Goehring||$ 1,011,866|
|2||WPT Championship Season 2||Martin De Knijff||$ 2,728,356|
|3||WPT Championship Season 3||Tuan Le||$ 2,856,150|
|4||WPT Championship Season 4||Joe Bartholdi Jr||$ $ ,760,165|
|5||WPT Championship Season 5||Carlos Mortensen||$ 3,970,415|
|6||WPT Championship Season 6||David Chiu||$ 3,389,140|
|7||WPT Championship Season 7||Yevgeniy Timoshenko||$ 2,149,960|
|8||WPT Championship Season 8||David Williams||$ 1,530,537|
|9||WPT Championship Season 9||Scott Seiver||$ 1,618,344|
|10||WPT Championship Season 10||Marvin Rettenmaier||$ 1,196,858|
|10||WPT Championship Season 11||David “Chino” Rheem||$ 1,150,279|
The largest prize ever awarded on the WPT came from Season 5’s World Championship. On that occasion, the legendary Spaniard Carlos Mortensen scooped the gargantuan $ 3,970,415 winner’s prize, writing himself into the poker history books as he did so. Could the new buy-in and venue see the WPT World Championship prizes return to a similar level? Only time will tell.
Although the $ 15,400 buy-in is out of reach for most poker players, partypoker will run a plethora of satellites in the New Year that feed into the prestigious WPT World Championship event. Details are being finalised and as soon as qualification routes are confirmed they will be relayed to you on thee partypoker blog.
Anyone who has been around a major poker festival knows what can happen. Where there are big-money tournament players, there is a lot of money, and where there is a lot of money, there are people looking to play cash games. We’ve seen it happen time and again. It happens at the PCA. It’s happens at EPT events. It happens at the WSOP. It happens in Macau. As far back as poker festivals go, there are people looking for the biggest, juiciest cash games they can find.
In Monaco, one of those games may be simply huge. How huge? If the game goes off, it would start with a €1 million buy-in…per person.
As you might have heard, this year’s PokerStars and Monte-Carlo®Casino European Poker Tour Grand Final will host the largest festival of cash games in the tour’s history. The EPT has worked hard to set up games for just about every bankroll. They’ve brought in extra tables, dealers, and staff to handle what is expected to be a big demand for cash games.
But a €1 million buy-in game? Well, yes, the EPT is ready for that, too.
There has been a rumble recently about this big game kicking off next week in Monaco. In fact, several people have already said they’d play if the game goes. Sam Trickett, Paul Newey, Philipp Gruissem, Isaac Haxton and Niklas Heinecker have all confirmed they’re ready and willing to play. There are several others who prefer to remain anonymous for now.
“It’s not often you get an opportunity to play in a game this big, so obviously that’s pretty exciting,” Haxton told us today.
I’ve seen some proposed rules for the eight-handed game. Players would begin Saturday May 11 at 16:00 Monaco time and play until 06:00 the next day or when the game breaks, whichever comes first. If they want to keep playing, they could resume the next afternoon. Players are suggesting €1,000/€2,000 blinds with an optional straddle.
Will it happen? I honestly don’t know. But I know this: TV crews are standing by just in case it does. We at the PokerStars Blog are on high alert, too.
Mike Sexton talks to us about paying a $1M buy-in for a poker tournament buy asks “Tony G, where are you?”
Who would have ever thought – a $ 1M buy-in for a poker tournament! But make no mistake, without the charity aspect of this tournament, I seriously doubt it would ever take place. Guy Laliberté, the founder of the Cirque de Soleil shows, had a vision to make this event happen and knew it would create tremendous publicity for his charity, ONE DROP.
Sure to be a lot of talent at that event
Guy has numerous rich business associates who are playing, that looks to be great ‘value’ for poker pros who are all trying to figure out how to get in – and many are succeeding (but don’t think all these business entries are suckers at the poker table, because they’re not.
Guy himself has made a final table on the WPT and I doubt he’s entered four WPT events. Others, like Bob Bright, play regularly in the biggest NL game in Vegas and is a winner). Certainly, these extremely successful businessmen are not as good as top pros, but anything can happen in the One Drop tournament.
The Bucket list of Bucket lists!
Trust me, all the buzz at the WSOP is about this event. Everyone is talking about it, from small players playing satellites to all the big-name players. As for me, I’m thrilled to be at the starting gate and entering this tournament – it’s very exciting to get to play in the most anticipated poker event in poker history – the $ 1,000,000 buy-in Big One for ONE DROP at the WSOP on July 1st. Like all others entered into this tournament (which is supposed to be capped at 48 – and I’m predicting without a doubt, it will be sold out “if” they cap it at 48), I’m very blessed. This is the ‘bucket list’ of all bucket lists for a poker player.
3′s the magic number!
Obviously, everyone entering this event loves to play poker. As I see it, there are three ways to get to play in this tournament.
- Be extremely well off financially,
- Know somebody extremely well off and get staked, or
- Have friends and/or investors take shares of you.
For your info, I don’t fall into category 1. Whoever wins will be the most successful person in history in terms of tournament winnings of all time. And I’m confident that the media attention for this event (especially mainstream media) will be, by far, the most in history. Just having an opportunity to go after this title is really special, but like the rest, I’m dreaming about winning it!
Great for charity!
It’s a great plus for poker that so many are willing to participate in an event that raises so much for charity ($ 111,000 from each entry will be donated to ONE DROP). Everyone, whether they play poker or not and whether they’re in favour of gambling or not, will see the kind of money being raised for charity, take a step back and say, “Wow! These poker people are pretty good folks.”
My only question is:
I sincerely appreciate everyone’s support. The only question I have is, “Tony G, where are you?”
Head to Vegas with PartyPoker for the WSOP
Get yourself on over to Vegas for the WSOP2012 only with PartyPoker! Grab a package and you’ll get:
- $ 10,000 WSOP main event buy-in
- $ 2,000 spending money
- Hotel accommodation in Las Vegas for 10 nights
With qualifiers running until 17th June there’s still plenty of chances to snatch a $ 14k package. Somebody’s got to be world champion – so why not you? Qualify for free now.
The World Series of Poker (WSOP) will this summer stage its largest buy-in event ever. BIG ONE for ONE DROP will feature a $ 1,000,000 entry fee and is slated to take place from July 1-3, 2012 at the Rio All-Suite Hotel & Casino in Las Vegas. The event will be televised on ESPN.
The event has been organized by Guy Laliberté, founder of Cirque du Soleil. ONE DROP is a non-governmental organization established in Montreal, Canada and active worldwide. The organization’s mission is to fight poverty by supporting worldwide access to water and raising awareness to water-related issues.
The historic WSOP bracelet event has 30 committed participants. Its prize pool is projected to exceed $ 26,000,000 with the winner to walk away with an estimated $ 12,266,668, the largest amount ever awarded in a poker tournament.
The first prize in the event will exceed the $ 12 million first prize won by Jamie Gold at the 2006 World Series of Poker Main Event.
From each entry fee, $ 111,111 will be donated to ONE DROP with “a goal of raising enough money for a legacy project that will help a country with access to clean water,” according to the organization. “With the commitment from 30 players already, more than $ 3.33 million is slated to go to ONE DROP.”
The confirmed players include poker professionals Erik Seidel, Patrik Antonius, Gus Hansen, Daniel Negreanu, Johnny Chan, Tom Dwan, Tony Guoga, Jonathan Duhamel, and Bertrand “ElkY” Grospellier. Also participating are Bob Bright, CEO of the stock trading firm Bright Trading LLC; Paul Newey, co-founder of London-based private investment firm New Wave Ventures; Phil Ruffin, owner of Treasure Island; and Laliberté.
“A million dollar buy-in seems crazy, and well, it is, but when you factor in a great cause like One Drop getting a percentage of the prize pool, all of a sudden it seems like a fantastic idea, and a great way to raise money for charity,” Negreanu said in a statement. “Count me in.”
The event is capped at 48 players. If that number of players is reached, first prize will likely be around $ 18 million.