[LL] “I’ve dreamt of playing in the World Series of Poker Main Event”, Leroy the Lion repeated, “but not even in my craziest fantasies have I considered dropping everything to play in the Big One for One Drop.”
[FF] “You’d have to sell everything you own,” Figaro the Fish commented, “which wouldn’t even be nearly enough in my case.”
[RR] “Even the best pros can’t enter the event at the drop of a hat”, suggested Roderick the Rock. “Most had to line up backers to lower their risk. Even the wealthy businessmen probably needed to shuffle their assets to arrange for a million dollars to enter.”
[FF] “It’s still incredible to me that those rich guys can drop a bundle to enter like it’s just a drop in the bucket to them.”
[LL] “Most of us would struggle just to come up with the deposit, which was $50,000!”
[SS] “Andrew Robl dropped a hint that he would play, but his early confirmation was premature as he dropped out without reserving his spot”, Stan the Stat noted.
[LL] “On the other hand, Bobby Baldwin, Fabian Quoss, and Vivek Rajkumar had promised to play but didn’t, so I think they all lost their deposits. They dropped $50,000, nearly the median household income in the U.S.1 to not play in a tournament. Quoss was last seen trying to satellite in during the event where Erick Lindgren and Connor Drinan won their seats.”
[RR] “And because the event sold out last time, they increased the cap from 48 players to 56.”
[LL] “Alas, though the Rio All-Suite Hotel & Casino may have changed its signage to the ‘Dew Drop Inn’, nobody dropped in at the last minute to play, even with late registration open for six hours after the tournament started. That left a field of just 42 players, a drop of six from two years ago.”
[SS] “A little disappointing, but in the end the event still raised nearly five million dollars for the One Drop foundation.”
[RR] “Talk about disappointing… I feel really bad for David Einhorn, who was drop-kicked out of the tournament by Sam Trickett just 45 minutes in! The businessman’s set of Jacks was done in by the 2012 runner-up’s Six-high straight.”
[LL] “No need to shed a single tear drop for Einhorn; he’s a hedge fund manager worth well over a billion dollars.”2
[SS] “It cost him $370 for every second he was in the tournament! But that jumpstarted Trickett on his way to ending Day One with the chip lead.”
[RR] “Which didn’t last long, as he dropped back to the pack on Day Two and was felted in 15th place when his pocket rockets were cracked by Negreanu’s trip Nines.”
[SS] “Then things got slow. With eight places being paid, they tried to play through the bubble on the middle day but eventually gave up with nine players remaining.”
[RR] “When the final day began, Negreanu was knocking people out like drop targets in a pinball game; he eventually ended the hopes of seven other players3, including bubble boy Tom Hall on the very first hand of the day, Cary Katz in 8th place, Scott Seiver in 6th, Tobias Reinkemeier in 5th, and Christoph Vogelsang in 3rd, who all dropped like flies within a few orbits of each other.”
[LL] “Fittingly, Negreanu made it to heads up, in a Duel of the Daniels against 24-year-old Daniel Colman. Colman had the drop on Negreanu with a 68,550,000 to 57,450,000 chip lead, but Kid Poker would grab the lead and soon have two-thirds of the chips.”
[SS] “Then Colman fought back and eventually built a big lead when his Ace-Four rivered a full house. Shortly thereafter, on the 46th heads-up hand, it would be Negreanu’s turn to hold Ace-Four.4 His two pairs had the lead on the flop when Colman dropped him to the canvas with a Ten on the turn to fill his inside straight, leaving the Canadian drawing unsuccessfully to four outs for a full house.”
[LL] “The 2014 Big One was definitely good to the last drop.”
[RR] “As much as I was rooting for Negreanu, I’m also happy that Colman won. He’s from Massachusetts, a small town called Holden near Worcester.”
[FF] “Maybe they should rename his home town from Holden to Holdem in his honor!”
[LL] “He wouldn’t want the publicity. He dropped a bombshell after winning by refusing interview requests.”
[SS] “Colman issued a statement5 but would just as soon drop out of sight.”
[LL] “Negreanu may have lost the heads-up battle, but he could teach the kid some a thing or two6 about handling fame.”
[SS] “Meanwhile, Negreanu’s own big payday moved him to the top of the all-time career tournament earnings list, dropping 2012 winner Antonio Esfandiari into second place.”
[SS] “Some other tidbits:
- Only 17 players from the 2012 event returned in 2014. Five of them cashed the first time and five others the second time.
- Of the ten amateur businessmen who entered the event, three cashed: Rick Salomon (4th), Paul Newey (7th), and Cary Katz (8th).
- Germany was well-represented in the event. Five German pros played, and two cashed (Vogelsang in 3rd and Reinkemeier in 5th).
- The all-time career earnings list is now headed by Negreanu (2nd place in 2014 One Drop) and Esfandiari (1st place in 2012 One Drop). Six of the top ten cashed in one of the two Big Ones (Colman jumped from 267th to 6th and Seiver from 19th to 10th; Trickett remained 5th, and Hellmuth dropped from 6th to 7th).
- While World Series of Poker Main Event champions once dominated the career earnings list, only Hellmuth remains in the Top Ten. Eight former world champs now sit between 11th (Jonathan Duhamel) and 25th (Joe Cada).”7
- The median annual household income in the U.S. was $51,017 in 2012.
- David Einhorn’s Wikipedia page says that he was worth $1.25 billion as of March 2013.
- Daniel Negreanu eliminated three more players than Ivey, Katz, and Salomon (4 each) and four more than Trickett and Colman (3 each).
- Third place finisher Vogelsang also busted out holding Ace-Four.
- Colman’s statement is quoted in this CardPlayer article.
- Negreanu commented at length in his blog.
- The others: Jamie Gold (13th), Joe Hachem (14th), Scotty Nguyen (15th), Carlos Mortensen (18th), Peter Eastgate (20th), and Gregory Merson (21st).