$1 Million Buy-In Event Will Be Capped at 48 Players

Published on November 4th, 2017 5:00 pm EST

The World Series of Poker - Big One for One Drop - Black background version.Earlier today, the World Series of Poker announced that the biggest buy-in tournament in all of poker - the $1,000,000 "BIG ONE For One Drop" - will be returning at the 2018 WSOP in Las Vegas.

The tournament, which will begin on July 15th, 2018, will have an entry fee of $1,000,000 USD. Players can lock up their seats by making a non-refundable $50,000 deposit by July 1st, 2018, with the remainder of the funds due by July 10th, 2018.

The World Series of Poker will take $111,111 from each buy-in and donate it to One Drop, which works to make sure that clean water is accessible to all.

Assuming that the 48 player cap is reached, the total tournament prize pool will be nearly $42 million, with the winner taking home over $18 million. In addition, over $5 million would be donated to One Drop if the cap is reached.

Here is how the final table payouts would look if the tournament hit its cap:

1st - $18,001,069
2nd - $9,292,801
3rd - $4,800,001
4th - $2,598,400
5th - $2,001,067
6th - $1,723,734
7th - $1,544,534
8th - $1,403,734
9th - $1,301,333

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This will be the fourth time that there has been a One Drop event with a buy-in of at least $1 million USD.

In 2012, Antonio Esfandiari won $18,346,673 at the first Big One for One Drop.

In 2014, Daniel Colman outlasted Daniel Negreanu to win $15,306,668 in the second edition of the event.

In 2016, Elton Tsang coughed up €1 million to take down the Monte-Carlo One Drop Extravaganza, outlasting the likes of Anatoly Gurtovoy, Rick Salomon and James Bord.

Source: WSOP.com - 2018 Big One For One Drop Information

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Filed Under: Other Poker News

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