Posts Tagged ‘Erik Seidel’

WSOP $1 Million Buy-in to break Records

Friday, April 13th, 2012

What began as a vision several months ago has become reality since the WSOP $1 million buy-in tournament is definitely going to happen from July1st-3rd. Dubbed “The Big One for One Drop,” this tourney already has 30 players confirmed with some of the biggest names in poker having made a commitment.

But before we get into the confirmed players, it’s worth mentioning that this tournament is already guaranteed to set two records. First off, the WSOP $1 million buy-in tournament will feature the biggest buy-in ever; the previously largest tourney was the $250k Aussie Millions High Roller.

As for the second record, the 30 confirmed players and interesting prize pool distribution will see the winner walk away with almost $12.3 million of the prize pool. Assuming this happens as planned, it would easily beat the $12 million that Jamie Gold received for winning the 2006 WSOP Main Event.

With such a massive prize involved, it’s no wonder why the top names in poker will be entering this event. Some of those confirmed include Gus Hansen, Patrik Antonius, Erik Seidel, Daniel Negreanu, Johnny Chan, Tom Dwan, Tony G, Dan Shak, Bertrand “ElkY” Grospellier and Jonathan Duhamel.

In addition to this stellar lineup of players, there will also be some prominent businessmen joining the tourney. These guys include Guy Laliberté, Bobby Baldwin (former player too), Phil Ruffin, Andy Beal, Sean O’Donnell, Richard Yong, Paul Phua and Arnaud Mimran.

The Big One for One Drop will see 10% of the buy-ins go towards Laliberté’s One Drop foundation, while a little under $27 million is available for the actual tourney. We still have plenty of time before July 1st, so both the number of participants and prize money could grow before the tournament starts. But even if it stays the same, we’re still in for quite a special event come WSOP time!

NBC Heads-Up Poker Championship Cancelled

Friday, October 14th, 2011

The effects of Black Friday (April 15th) continue to linger today after the National Heads-Up Poker Championship was recently cancelled by NBC. Adam Freifeld, who is the NBC Sports Senior Director of Communications, announced the sad news when he said the network wanted to, “continue to evaluate our poker programming.”

The 64-player poker tournament had ran since 2005, and saw both poker pros and celebrities face-off in heads-up matches. Popular pro Erik Seidel won the 2011 National Heads-Up Poker Championship, which appears to be the last event – at least for now. Of course, Freifeld’s wording does make it seem like the Heads-Up Championship could come back beyond 2012.

But before this happens, there will need to be some major sponsors because both PokerStars and Full Tilt Poker kept this event going. These were the two largest online poker rooms in the business for a while, and their millions of dollars in advertising revenue helped keep the Heads-Up Championship afloat. In addition to this, they also paid the buy-ins for many of the sponsored pros.

However, it’s obvious that Full Tilt Poker won’t be pumping any more advertising money or buy-in fees into the tournament since they are losing a fight for their very existence. And last we checked, the Groupe Bernard Tapie rumored acquisition is only going to be a minority ownership deal – if it even amounts to anything.

As for PokerStars, they’re doing quite well, but they no longer cater to American players. That said, there’s no reason to sponsor the National Heads-Up Championship because NBC is based in the United States. And while the TV show drew a considerable amount of viewers from outside the states, the number isn’t high enough to justify keeping the show on air.

Mike McDonald wins Lackluster Epic Poker League

Saturday, September 10th, 2011

The second ever Epic Poker League Main Event wasn’t exactly a resounding success since just 97 of the 200 invited poker pros joined the tournament. Seeing as how invited players are given a free $20,000 Main Event seat, and hotel/travel costs are covered, you have to wonder about the future of this organization.

In any case, the 97 players that did show up to the Epic Poker League certainly weren’t sorry because a $2.3 million prize pool was up for grabs, and the first place finisher was guaranteed $782k. Once everything was decided on the poker tables, Mike McDonald was crowned the champion.

McDonald, who became the youngest EPT winner in history after taking down the 2008 EPT Dortmund Main Event, outlasted David Steicke in heads-up play to scoop the big prize. And what’s nice about this win is that McDonald will have something extra to celebrate for his birthday tomorrow, when he turns 22. The Canadian now has $3,668,524 in live tournament winnings.

Of course, this is nowhere close to the $16.8 million that Erik Seidel has earned throughout his career, which ranks first all-time. And the reason why we’re bringing up Seidel is because the former New Yorker took fourth place in this tournament, and earned $184k for yet another solid finish this year. He took second place in the first Epic Poker League tournament too, and has earned $6,445,168 in 2011 alone!

It’s also worth mentioning that French poker star Fabrice Soulier took third place in this tournament, while the oft-hated Dutch Boyd finished in eighth place. Here is a look at the full standings from the second Epic Poker League Main Event:

1. Mike McDonald – $782,410
2. David Steicke – $506,260
3. Fabrice Soulier – $299,160
4. Erik Seidel – $184,100
5. Nam Le – $126,570
6. Isaac Baron – $92,050
7. Sean Getzwiller – $69,040
8. Dutch Boyd – $57,530

 

 

Erik Seidel & Dan Harrington Admitted To Poker Hall Of Fame

Friday, November 5th, 2010

Last month the Poker Hall of Fame inducted two new players—Erik Seidel and Dan Harrington. The two men making up the Poker Hall of Fame Class of 2010 are both well deserving of the title.

Dan Harrington has been making his name on the professional poker scene since he cashed in the 1986 World Series of Poker. However, he is best known for winning the 1995 World Series of Poker main event. He took home to WSOP bracelets that year.

Erik Seidel has won eight bracelets, and has made a huge impact on the poker world. You may remember that his second place finish to Johnny Chan was depicted in Rounders. Seidel has won bracelets across the board, in all different games from Limit Hold’em and Limit Omaha Hi-Low to No Limit games, Pot Limit Omaha, Deuce to Seven Lowball and more.

There were concerns this year, coming primarily from poker-great Doyle Brunson, that some of the nominees for the poker HOF this year were too young. However, Harrington and Seidel are both well-seasoned in the world of poker. Their younger counterparts, Phil Ivey and Tom Dwan, will have to wait for their turn to be inducted.

The induction of Harrington and Seidel to the Poker Hall of Fame will take place this Monday, November 8, at 8pm PT. The ceremony will take place at the Penn and Teller Theater. Following the induction ceremony the 2010 WSOP Main Event will continue, playing down to the winner.