by Joseph C. Smith Sr.
A poker tournament with a prize pool totaling $37,333,338. And that's after $111,111 from each of the 42 entrants $1 million buy-in which totals $4,666,662 is set aside for the One Drop Foundation. Arithmetically inclined readers will be quick to note when you add the prize pool and the One Drop donation you get exactly $42 million. So how much goes to the house? None! Harrah's WSOP is not taking any of the money.
This 3 Day event offered plenty of exciting and often humorous moments. Amazing how at this level of poker the players can be so casual about anything considering the amount of money at stake. The top eight finishers received at least $1,306,667 in cash. Even after deducting the original $1 million buy-in some serious money remains.
Day 3 saw the field of 42 cut to just 2 players with chips. A 23-year-old Daniel Colman from Holden, MA faced 5 WSOP bracelet veteran Daniel Negreanu. Going into the heads-up play Colman held the chip lead with 68 and a half million to Negreanu's 57 and a half million. Five hands later Negreanu had the chip lead with 73 and a half million to Colman's 52 and a half million. Nrgreanu continued to stretch his lead and was holding a 2 to 1 advantage then the momentum reversed and quickly colman was ahead.
Negreanu pulled ahead one more time then Colman pulled ahead and continue to pad his lead. He never looked back after that and finally Negreanu shoved his remaining chips into the pot holding Ace-4o and was called and covered by Colman tableing a K-Qo. The flop showed J-A-4 giving Negreanu two pair and the lead and Colman needing a 10 for a straight. The turn was a 10 giving Colman the lead and a straight and leaving Negreanu in desperate need of an Ace or 4. The river was a 7 and Colman was the owner of a very special WSOP bracelet and $15,306.668 in cash. He's also in the poker history book as the winner of the second largest cash prize in a poker tournament.
Daniel Negreanu received $8,288,001 for second.
The following lists the eight final table players' order of finish and the prize money awarded to each.
Daniel Colman --------- $15,306,668
Daniel Negreanu-------- $8,288,001
Christoph Vogelsang --- $4,480,001
Tobias Reinkemeier ------$2,053,334
Scott Seiver --------------$1,680,000
Paul Newey --------------$1,418,667
Congratulations to Daniel Colman for winning his first WSOP gold bracelet plus the winner's share of $15,306,668 in cash at the 2014 WSOP Event #57 $1,000,000 The Big One for One Drop.Submitted by ppnadmin on July 2, 2014 - 2:16am