There aren’t many tournaments that could lure some of the biggest names in poker away from the World Series of Poker but that is exactly what the GuangDong Ltd Asia Millions (GDAM) has managed to do.
Beginning earlier today at PokerStars LIVE at the City of Dreams in Macau, the GDAM Main Event saw 71 unique players pony up the HK$1,000,000 (Approx. US$130,000) buy-in. Each player was allowed two rebuys at any time regardless of their chip stack, and 35 unique players opted to take at least one of those rebuys, while many of them made two rebuys. In the end there were 54 total rebuys, which meant the prize pool weighed in at a massive HK$119,375,000 (US$15,403,226). That makes the GDAM Main Event the second largest tournament by prize pool outside of Las Vegas.
The top eight players will be guaranteed at least HK$6,000,000 (US$774,193) and the top six will be going home with at least US$1 million. The winner will of course pick up the grandest share of the prize pool, taking home an enormous HK$34,600,000 (US$4,464,516). The payout information can be found below.
|Place||Prize (HKD)||Prize (USD)|
For some players the prize pool above means very little has they found themselves on the rail throughout Day 1 of the GDAM Main Event. Some of the players eliminated include poker superstars Erik Seidel, Mike Watson and Shaun Deeb. In the end 20 players were sent home on Day 1, meaning 51 will return for Day 2 action.
It was a brutal bust-out for Deeb as he got all his chips in holding on the river of board, meaning he had the nut flush. Unfortunately for Deeb his opponent JC Alvarado held , with the straight-flush sending Deeb home short of making Day 2.
Plenty of players were more fortunate than Deeb, one of those being 2010 WSOP Main Event champion Team PokerStars Pro Jonathan Duhamel as he managed to finish up as the chip leader. Duhamel had a bit of a roller coaster day, first seeing his stack fall considerably, before steadying during the second half of the day. Duhamel utilized his two full rebuys on Day 1 and bagged up 6,080,000 in chips.
Trailing just behind Duhamel on the chip leader board is PokerStars Team Online Isaac Haxton. It was a similar day at the felt for Haxton as he also utilized two full rebuys before eventually finishing up with a stack of 5,658,000. Not too far behind Haxton and Duhamel include Sorel Mizzi, Joseph Cheong, JC Alvarado and Dan Smith.
Some of the other players who survived Day 1 of the GDAM Main Event, albeit with less chips than the above include Mike McDonald, Igor Kurganov, John Juanda, Aaron Lim, Tobias Reinkemeier and Gus Hansen, along with 2012 WSOP Main Event champion Greg Merson and TeamPokerStars Pro Bertrand “ElkY” Grospellier. Be sure to check out the full end-of-day chip counts and the Day 2 seating draw in the live reporting blog below.
All the Day 2 action is set to begin on tomorrow at 3.00 p.m. local time (12.00 a.m. PDT) and the PokerNews Live Reporting Team will once again be on the floor of PokerStars LIVE at the City of Dreams, bringing you all the thrills of the GDAM Main Event. Join us then poker fans!
|1||1||Ping San Chan||3,500,000|
|1||2||Anthony Tony Gregg||2,541,000|
|1||5||Anson Yan Shing Tsang||3,892,000|
|1||7||Sven Niklas Heinecker||1,550,000|
|2||1||Stanley Chin Fai Choi||1,351,000|
|4||3||Richard Seng Cheng Yong||2,597,000|
|4||5||Yat Wai Cheng||606,000|
|4||6||Nick Cho Fai Wong||1,468,000|
|5||4||Lap Kay Chan||1,567,000|
|5||5||Devan Ying Seng Tang||890,000|
|7||4||Bertrand 'ElkY' Grospellier||1,737,000|
|7||5||Wei Seng Phua||9400,00|
With the tables currently playing their last hands, we can tell you that it is looking like PokerStars Team Online Isaac Haxton will be the chip leader, having a stack nearing 6 million in chips. Team PokerStars Pro Jonathan Duhamel is also among the big stacks.
The call has been made for just five more hands before calling it a night. Be sure to stay tuned for any late big hands and bust-outs and to find out who survives the night.
Young Australian Kyle Cheong was left crippled just a short while ago, but has now managed to pick up a much-needed double up late here in the day. The hand started with Cheong jamming for around 400,000 from middle position. Folded to Greg Merson on the button and he would move all in for his stack of more than 1.5 million in chips. The rest of the table was out of the way and the two players had turned their hands over.
Cheong would need some help to stay alive and that help would come on the river of a board. Cheong is now doing much better with around 20 big blinds, while Merson is still doing fine with more than 1 million in chips.
The numbers are finally in! A total field of 71 players and 54 rebuys means that a HK$119,375,000 (US$15,403,226) prize pool was created. The top eight players will be guaranteed at least HK$6,000,000 (US$774,193) and the top six will be going home with at least US$1 million. The winner will of course pick up the grandest share of the prize pool, taking home an enormous HK$34,600,000 (US$4,464,516). Check out the full prize pool below.
|Place||Prize (HKD)||Prize (USD)|
Below is a list of the players who opted to rebuy during the day. As you can see, some players decided to utilize both their rebuys, while some didn't rebuy at all. In fact, of the 71 entrants, there were 35 unique players who used at least one rebuy.
|Wei Seng Phua||2|
|Isaac 'Ike' Haxton||2|
|Stanley Chin Fai Choi||2|
|Peter Ping San Chan||2|
|Anthony Tony Gregg||2|
|Bertrand 'ElkY' Grospellier||1|
|Richard Seng Cheng Yong||1|
|Juan Carlos Alvarado||1|
|Rono Shing Fung Lo||1|
|Sven Niklas Heinecker||1|
|Anson Yan Shing Tsang||1|
|Hai San Lin||1|