Does poker count?
Does poker count?
It's 1997 and I'm sitting at the bar in the Horseshoe Hotel & Casino, having a drink when an old friend comes by and says hello, what are you doing in here, the tournament is about to start.
I tell him I don't have the price of admission ( $2070.00 ) to enter the event.
He hands me $500.00 and says I got 20% of you, now go get 3 more who will take a piece of you and you're in the tournament.
I had about 15 minutes to find 3 more investors or I don't get in so I take off and round up two investors in 10 minutes and got a maybe from another one, but the time is running out.
I had $700.00 to my name, but I didn't really want to invest any of my money in the tournament. I wanted another investor so I would have a 20% free roll at this event.
I couldn't wait any longer, so I go and pay my entry fee and as I'm going to take my seat at the table I see the maybe investor jumping up and down on the rail and saying is it to late to get that piece?
I have $130.00 left in my pocket, I'm in Vegas and that $500.00 he's waving at me looks pretty damn good. I tell him he's in for 20% just like all the others and take his $500.00
The tournament starts and I play solid for 14 hours have my fair share of good luck and make the final table.
We will start at noon the next day and play until there is a winner. In about 4 hours we are down to 4 players. Miami John Cernutto, Ron Stanley, Bill Gazes, & me. Bill asks if we wanna talk over a chop, ( split up the prize money ) and everyone agrees and we go to a private room and discuss it.
I say let's leave an even $100,000.00 in the pot to play for, 1st place gets 60%, 2nd place gets 30%, and 3rd place gets 10%. 4th place gets nothing except what his current chip count calls for. So we all lock up a really nice piece of cash right then according to our current chip count, then resume play for the $100,000.00.
It's extremely hard to make it to the final table at any WSOP event and when you do I figured you should have to play hard at the end. If we had just chopped the entire purse up we would have just went back out there and pushed all-in on the first hand dealt, no drama and certainly no skill.
They all agreed and we had the tournament director figure out the cash amount each of us had locked up. I think mine came to $110,000.00, I was second in chips to Miami John, his figured to about $115,000.00
So we played it out, and I came 2nd to John when he hit an 8 outer in the river for all the chips and the win.
I ended up with $140,000.00, my biggest single score so far.
We chopped it up 5 ways and I got $28,000.00 for my share, plus all the investors tipped me $1000.00 each. I now had $32,000.00 in pocket where just two days ago sat $700.00
I felt pretty good!
P.S. That late investor cost me an additional $28,000.00. I would have had 40% of myself if I didn't take that $500.00 from him!! The $500.00 looked good at the time though!