Big One for One Drop Invitational Announced
One minor surprise when the 2016 World Series of Poker schedule was released was the omission of the $1 million buy-in Big One for One Drop event. The ultra-mega-super high roller tournament that donates one-ninth of every player’s buy-in to the One Drop charity to help everyone in the world have access to clean, drinkable water had been contested in 2012 and 2014. Naturally, people expected it to be on the schedule for 2016, but it was not to be so.
No worries, all you tycoons out there: One Drop founder, Cirque du Soleil founder, and one of the creators of the Big One event, Guy Laliberte, has announced that he is taking the Big One for One Drop on the road with an invitation-only version of the event to be held in Monte Carlo this October.
The format of the tournament will also be different. It will still be priced similarly: €1,000,000, naturally, instead of $1,000,000 with €111,111 going to One Drop and no rake. The big change, though, is that there will be unlimited re-entries allowed during the first day of the event. As if a million Euro wasn’t enough to plunk down at a poker table. Additionally, according to a press release, the The Big One for One Drop Invitational will be for “businessmen, philanthrophic and celebrity recreational players,” not poker pros.
“From the beginning, we knew that The Big One for One Drop was a unique event,” said Guy Laliberté in a press release. “This year, by shifting the focus to recreational players, we’re looking to bring fun and innovation to charitable giving. We believe the events in Monaco will attract high net-worth individuals from across the globe to enjoy the game, the networking opportunities and the incredible VIP experiences only available in one of the world’s most iconic settings.”
While we hesitate to read between the lines, we will do so, anyway. One might guess that a significant number of wealthy non-poker pros who were interested in participating in the Big One for One Drop ultimately decided they didn’t want to play in such a rich event in which they would likely be picked on (in a poker sense) by deep pocketed and/or well-funded professional poker players. Thus, the tournament was moved away from Las Vegas and many poker pros (though they could obviously still hop on a plane) and changed to invitation only.
Additionally, as most Daddy Warbucks big shots like to have their egos stroked, the participants will be comped their (likely lavish) accommodations and be treated to a number of activities and events throughout what is being called the Monte Carlo One Drop Extravaganza.
Antonio Esfandiari won the inaugural Big One for One Drop in 2012, banking $18,346,673 and Daniel Colman won in 2014, cashing in for $15,306,668. Neither man ponied up the entire million dollar buy-in themselves, but rather had backers/investors paying much of the way. It is believed that the two had somewhere around ten percent of themselves, which is still a lot of money to put down in one tournament.
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