A $300 buy-in poker event in Florida resulted in one of many largest chops you may in all probability ever see.
The no-limit maintain’em occasion at bestbet St. Augustine started on March 22. Gamers signed up shortly for the $30,000 assured event, which attracted 340 entrants, making a prize pool of $83,200 in what was dubbed the St. Augustine Championship.
Unusual Ending to a Poker Match
Paul Mitchell, not the hairstylist, busted in sixteenth place for $933, placing an finish to the event. Sure, that’s right. The ultimate 15 gamers agreed to evenly chop the rest of the prize pool. Every participant obtained $4,461.
It is not the one time 15 gamers have chopped a poker event up to now yr, nevertheless. The very same state of affairs performed out in a $600 buy-in Women Occasion final summer season at Wynn Las Vegas, every taking dwelling $4,032. The poker group closely criticized the gamers for chopping 15 methods within the Wynn event, and can doubtless do the identical in response to the bestbet chop.
There was one participant concerned within the latest chop who is not any stranger to controversies. David Hughes, a Floridian, infamously received a $250 Women Occasion for $5,555 at Seminole Onerous Rock in South Florida two years in the past. The win sparked anger from many inside the poker group over a person successful a event meant to be completely for ladies.
Hughes, who has over $180,000 in The Hendon Mob cashes, was again in the course of a wild poker story this week as he was concerned in a 15-way chop.
It is unclear if tax causes had been a deciding think about chopping it up so early, however poker event wins over $5,000 minus the buy-ins set off a 24% federal tax withholding. On this case, the $4,461 payout, plus the $300 buy-in, leaves the gamers beneath that threshold.
Solely 14 of the gamers concerned within the chop had been prepared to be included within the “winner” photograph. The chops at bestbet St. Augustine and Wynn are the biggest recognized in lately historical past. However there have been some larger ones, together with a 23-way chop in 2010 in a $400 buy-in deepstack event throughout the Foxwoods Poker Finals.
PokerNews reported on an 11-way chop at Canterbury Park in Minnesota earlier this yr. However the gamers concerned in that one did not comply with a good chop. Carl Carodenuto, aka “Loopy Carl,” a well known professional within the space, took the largest share of $44,000 out of the $368,280 prize pool. The bottom payout among the many 11 choppers obtained $15,450.
15-Means Chop in Wynn Women Occasion Sparks Debate
