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LAS VEGAS -- Winning any one of the three biggest high-roller poker tournaments of the year would be a standout accomplishment for any player. Two such titles would be borderline unthinkable coming into this year.
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On Tuesday night, Justin Bonomo sealed the best year of high-roller results that any tournament poker player has ever had by winning the World Series of Poker's $1 million buy-in Big One for One Drop and its $10 million first-place prize.
'Disbelief. Happiness. All over the place,' Bonomo said of his emotional state following the victory. 'The adrenaline has been going through me like crazy.'
With that payday, in addition to his Super High Roller Bowl wins in China in March and Las Vegas earlier this summer, Bonomo pushed his winnings for the year to just shy of $25 million, which moved him past Daniel Negreanu for the top spot on the all-time poker tournament money list with $42.98 million.
Though the total gross isn't quite an accurate tally of actual dollars pocketed, it is an indicator of how well Bonomo has played and how fortunate he has been to this point. His success earlier in the year allowed him to take a bigger piece of his own action, rather than relying on others to invest a bigger stake in his buy-in. With this victory, Bonomo was able to repay the confidence of those willing to take a chance in staking him.
'Because of the wins this year, I absolutely do get to take bigger pieces of myself,' said Bonomo. 'This was a million-dollar buy-in, so I was not able to put up anywhere close to even half the money myself. It honestly made this even more special; I get to share this win with literally hundreds of people, because I sold action on the internet, as well. Also, some of my closest friends in the world who helped me prepare for this tournament [had pieces], and I'm so happy to give back to them.'
Bonomo entered the final day of the tournament holding the chip lead, but it wasn't a smooth path to the title. Even after eliminating Dan Smith in third place, Bonomo was on the brink of losing the title early on in his heads-up match with eventual runner-up Fedor Holz -- only for his As-8h to beat pocket fours when an ace landed on the turn. From there, the heads-up match was on.
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The match truly swung when Bonomo turned two pair with 8d-4d and called an all-in bluff from Holz to take a commanding heads-up lead. Holz doubled up twice, but with a third chance for Bonomo to knock Holz out of the tournament, Bonomo's As-Jd held against Holz's Ac-4s as the board ran out Ks-8s-3s-2c-Qd.
Despite all his success this year, with the ESPN cameras running and so much on the line, Bonomo said he was feeling the nerves as the tournament wound down. Even so, he was well-prepared for this life-changing moment.
'It's more money than I ever played for in my life, so I buckled down,' Bonomo said. 'I studied. I took the day off the day before and just studied all day. Meditation every single day. I took this as seriously as I possibly could.'
Holz earned $6 million in the Big One for One Drop, and he now sits fourth on the all-time tournament money list.
Before anyone could get paid at this final table, though, one player was going to walk away empty-handed after two-plus days of poker. Even with such a large buy-in, a $2 million bubble is no joke by any stretch.
Hedge fund manager David Einhorn, who poker fans will remember from his deep run in the 2006 WSOP main event and the inaugural edition of the Big One for One Drop in 2012 (he finished third), was the odd man out in sixth place. The last of his chips went all-in with As-Qh on a 7c-5c-5h flop, and Bonomo's 7d-4h held.
Just two hands later, the field dropped from five players down to three, after one of the most dramatic hands you're likely to see on TV this year -- because of the stakes and the way the hand played out. Byron Kaverman went all-in for 8.025 million preflop. Holz called. Rick Salomon reraised all-in for 26.9 million, and Holz thought it over.
As Holz thought about the decision, Salomon accidentally exposed the Ah. After using up all of his time extension chips and two full minutes, Holz called. Salomon and Holz were virtually even in chips, with the winner taking the chip lead and the loser either out or virtually out.
Holz: Tc-Ts
Salomon: Ah-Kh
Kaverman: Ac-5c
The Ad-Ks-2c flop put Salomon well out in front, but the Qc turn turned everything on its head. Kaverman could hit a flush, which would split the chips multiple ways, and Holz could win the whole pot outright with a non-club jack or a ten. After a short pause, the dealer burned and put out the river.
It was the Td, giving Holz a set, the pot and the chip lead. Kaverman was eliminated in fifth place, earning $2 million, and Salomon was out in fourth for $2.84 million.
The Big One for One Drop drew 27 total players. Each player's $1 million buy-in directly benefits the One Drop Foundation's global efforts for clean drinking water, sanitation and hygiene. There's no rake or fees taken from that $1 million; instead, $80,000 from each buy-in is set aside as a donation to the foundation.
Minutes before the €111,111 High Roller for One Drop No-Limit Hold'em event resumed at the World Series of Poker Europe on Saturday, WSOP Executive Director Ty Stewart made a big announcement regarding the 2018 series in Las Vegas next summer.
'The WSOP's partnership with the One Drop foundation started with the Big One for One Drop back in 2012,' Stewart said. 'And I'm happy to announce that the Big One for One Drop will return next summer for the 2018 WSOP from July 15-17. I'm looking forward to seeing some of you there.'
The seven-figure buy-in event will return to Las Vegas after a four-year hiatus for its fourth-ever edition. The event will be capped at 48 players and once again, the WSOP will waive their fee so the entire $111,111 entry fee for each participant goes directly to the One Drop Foundation.
A Fruitful Partnership
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The One Drop foundation is committed to providing sustainable safe water access to communities in need worldwide. The WSOP and One Drop began a partnership in 2012 which has raised over $20 million for the charity, started by Cirque du Soleil's founder Guy Laliberté. The Big One for One Drop has accounted for nearly $14 million of that contribution, and the event in Las Vegas in 2018 will further add to that figure.
Through the $1 million buy-in Big One for One Drop, the Little One for One Drop and the High Roller for One Drop, 11,000 unique players who have participated thereby contributing to the amazing amount that the partnership has raised for One Drop. Laliberté commented in the WSOP press release about the importance of the Big One and the partnership with the WSOP for One Drop.
“The Big One is an important landmark in the history of poker. Players that I meet here and there remind me on a constant basis that this history lives on and that they want to be a part of it. The thrill to compete for the chance of walking away with millions all the while contributing to an important cause - providing safe water access globally – has given strong roots to the event.
'I am currently working on a new major fundraising initiative that is tapping into another very important passion of mine and that will be announced soon. This leaves me with less time for poker, but I’m confident that after three editions, the Big One is mature enough to live without a big involvement on my part.'
During the announcement at the WSOPE, Stewart commented, 'I remember in 2012 people said that a $1 million buy-in tournament was crazy. They also then said that you couldn't have 11% juice on a mid-stakes tournament; that's crazy! Or have a $10 million guaranteed One Drop in Rozvadov!
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'However, what is truly crazy is that to date we have raised more than $20 million because of the generosity of you all, which makes us one of the biggest charitable partnerships in the world.
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'For anyone who says that poker players aren't charitable it's just truly amazing. That motivates us that there should be no end in sight.'
The first three versions of the Big One for One Drop took place in 2012, 2014 and 2016, with the first two at the Rio in Las Vegas and the most recent one in Monaco. It has attracted 86 unique players, with 22 players who have played in two or more. Here is a look at the three winners to date.
Year | Casino | City | Entries | Winner | 1st-Place Prize |
---|---|---|---|---|---|
2012 | Rio All-Suite Hotel & Casino | Las Vegas | 48 | Antonio Esfandiari | $18,346,673 |
2014 | Rio All-Suite Hotel & Casino | Las Vegas | 42 | Daniel Colman | $15,306,668 |
2016 | Casino de Monte Carlo | Monaco | 28 | Elton Tsang | €11,111,111 |
Who Will Participate?
Stewart introduced at the WSOPE High Roller for One Drop the first entry into the 2018 Big One for One Drop: King's Casino owner Leon Tsoukernik.
Tsoukernik responded, 'I know you all want to participate in this beautiful event, and I'm waiting for you all in Vegas. Thank you!'
In the WSOP press release, Tsoukernik elaborated on his support for One Drop.
“I had the opportunity to work closely with One Drop around the World Series of Poker Europe this year and to get acquainted with Guy, and this made me understand the unparalleled importance of the cause of water.
'I am a father of two and it really struck me when I heard that every 90 seconds a child dies from a water-borne disease. We all need to do something about it. Me, I have decided to do what I am best at: bringing people together to play poker. I am not only the first player to put his name on the list. I have also promised Guy that I will pick-up the phone to make sure the enthusiasm for the Big One translates once again into a great success for the charity.”
The remaining 47 competitors remain to be determined and players can reserve their seat for the Big One for One Drop event at the 2018 World Series of Poker July 15-17 on a first-come first-serve basis with a non-refundable $50,000 deposit by July 1. Interested players should contact Alexandre Meunier at One Drop ([email protected]) or Gregory Chochon at WSOP ([email protected]).
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Antonio EsfandiariDaniel ColmanLeon TsoukernikElton Tsang