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Poker News | World Poker News

$1M Buy-in 2012 WSOP Tournament has 22 Confirmed

Guy Laliberté
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Caesars Interactive Entertainment announced on December 5th that 22 players have made the commitment to play the Big One for ONE DROP which takes place at the 2012 World Series of Poker with an entry fee of $1 million. A specially designed platinum WSOP bracelet will be awarded to the winner of the event that runs from July 1st through the 3rd, 2012, at the Rio All-Suite Hotel and Casino in Las Vegas, Nevada.

Guy Laliberté, ONE DROP chair and Cirque du Soleil founder, introduced ONE DROP in June. This historic WSOP event is focused on supporting access to clear water worldwide. The goal is to raise enough money for a legacy project that will help a needy country receive access to clean water with $111,111 of each $1 million buy-in being donated to ONE DROP.

"Every gesture is important," said Laliberté. "The poker community is very generous and it is not only about the one million dollar buy-in event, there are other ways that poker players can make a difference."

The list that have committed to play the event to date (from WSOP.com) are:

  • Guy Laliberté, ONE DROP Chair and founder of Cirque du Soleil
  • Bobby Baldwin, 4x gold bracelet WSOP and CEO of MGM-Mirage Resorts
  • Phil Ruffin, owner of Treasure Island Resort of Las Vegas
  • Andy Beal
  • Patrik Antonius
  • Gus Hansen
  • Daniel Negreanu
  • Johnny Chan
  • Tom Dwan
  • Tony Guoga
  • Jonathan Duhamel
  • Bertrand “ElkY” Grospellier
  • The Montreal Group seat (Sean O’Donnell)
  • Daniel Shak
  • Loto-Québec satellite seat
  • Caesars satelite seat
  • European satellite seat

There are others that have confirmed participation but want to remain anonymous at this time and more names are expected to be added in the coming months according to Caesars.

"I am absolutely thrilled to participate in the biggest poker event ever organized," said 2010 WSOP Main Event champ Jonathan Duhamel. "One million dollars is a lot of money but my participation comes naturally, being a spokesperson for ONE DROP and because of my attachment to such a great cause. Life starts with water and because of its uneven distribution, a person dies every 20 seconds. As for me, I personally commit to give 5 percent of my winnings from this tournament to ONE DROP.”

The tournament play begins with players’ starting chip stacks at 3 million and follows the standard triple-the-buy-in stack at the WSOP with 60 minute levels. There is a registration cap of 48 players which would put the prize pool at more than $4 million if the cap is reached. The tournament should pay out 20 percent of the field which is double the typical poker tournament payout structure.

If you're interested in playing, a $50,000 deposit will reserve a spot for you at the table. The event begins on July 1st, 2012, and the final funds are due 14 days before the event begins. Come one, come all - if you meet the minimum age requirement of 21, you are welcome to enter.

About ONE DROP
ONE DROP—an initiative of Guy Laliberté, Founder of Cirque du Soleil—is a non-governmental organization established in Montreal, Canada and active worldwide. ONE DROP’s mission is to fight poverty by supporting access to water and raising each and every one’s awareness of water-related issues through its distinctive approach based on social arts and popular education. In the U.S., ONE DROP is a public charity that undertakes innovative activities in which water plays a central role as a creative force to generate positive, sustainable change worldwide. ONE DROP continues to reach out to the world to realize its dream of safe water for all, today and tomorrow. To learn more about ONE DROP, visit ONEDROP.org.

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