Monarch Battles for Another Record-Breaking Poker Hand Worth $12,700,000

Jon Sofen
Senior Editor U.S.
3 min read
Ossi Ketola Monarch Poker

Another day, another record-setting, eight-figure poker hand played by a controversial high roller prone to casually making racial slurs, Ossi "Monarch" Ketola.

The Finnish owner of the Duel casino battled for a $12,700,000 pot — no, we didn't accidentally add a few extra zeros — on Tuesday during a heads-up match against Hong Kong's Bjorn Li during the Triton Poker Super High Roller Series Jeju.

Pocket Pairs Go to War in Massive Poker Hand

Ossi Ketola Monarch Poker
Ossi \"Monarch\" Ketola

The nosebleed-stakes players played a series of $2,000,000-a-piece matches, won by Li three-games-to-one. In the final game at those stakes, Li won after Monarch bluffed with "The Robbi" (jack-high) into the nuts. They'd agree to one more rematch, but this time they played for a combined $16,000,000 pot.

Li would jump out to a massive early lead with queens after Ketola's 10-high bluff didn't get through. But the match would take a sharp turn the other way in what is being considered the largest pot ever livestreamed.

The blinds remained at $40,000/$80,000 throughout the game, and Monarch started the action by raising from the button to $200,000 with 99. Li, who had the biggest stack, three-bet to $800,000 with 88.

Ketola, whose hand was a heavy favorite, moved all in for $6,350,000. Li tanked before making the call to create a pot of $12,700,000. The flop came out 6710, giving both players straight and backdoor flush draws. No help for Li would come on the 3 turn or 2 river, and the chips all went to Monarch.

Li still had $3,300,000, but trailed nearly 4:1 in chips. He'd lose a race for the rest of his stack about 90 minutes later. Monarch won just two of the five matches. But he turned a $4 million overall profit thanks to winning the highest-stakes contest.

Is Tom Dwan Still the Record-Holder?

Tom Dwan Poker
Tom Dwan

There has been some debate within the poker community as to whether Monarch's hands during his ongoing heads-up matches should count in the record books. Tom Dwan, a Triton regular, prior to August 2025, held the record for winning the largest televised or livestreamed pot when he shipped a $3.1 million hand against Wesley Fei on Hustler Casino Live in May 2023.

Dwan's hand came in a traditional style cash game where players are permitted to cash out any time they'd like. Monarch has been involved in numerous pots larger than Dwan's previous record-breaking hand the past few weeks, including during a series of matches against Dan "Jungleman" Cates, who clipped the polarizing high roller for $15 million.

Monarch, however, would take an $10,990,000 pot against high-stakes crusher Alex Foxen earlier this week. That hand held up as the livestream record for all of three days.

*Images courtesy of Triton Poker.

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Jon Sofen
Senior Editor U.S.

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