All-in Cash Out lets players in an all-in situation with no more action pending get cash equal to their hand’s equity by paying a 1% administrative fee and giving up their hand. If after buying the insurance their hand wins, PokerStars gets the pot, but if the hand loses, PokerStars takes the loss instead.
The new feature recently debuted at selected 6-handed No Limit Hold’em tables and it is slated to hit Pot Limit Omaha and No Limit 6+ Hold’em cash games soon.
Eventually, All-in Cash Out is expected to make it to the real money games in jurisdictions that allow it.
54 players signed up for the most expensive buy-in poker tournament.
Triton Poker’s £1 million buy-in event “Triton Million – A Helping Hand for Charity Event” has now officially gone down in history to become the largest poker tournament outside the WSOP Main Events.
Taking place at the London Hilton Hotel at Park Lane, the charity event features a record-breaking £1,050,000 buy-in which equates to approximately $1.2 million, making it the most expensive buy-in in USD and only the fifth seven-figure buy-in event ever.
54 players signed up for this iconic event, meaning the event generated a staggering £54 million—almost $66 million when measured in dollars. The event raised £2.7 million for charity cause thanks to £50,000 entry fee taken from each player’s entry.
Triton Million London event becomes the sixth-largest prize pool in the history of poker (as per the Wikipedia ) and the largest poker tournament outside the WSOP.
The winner of this historic event is set to receive £19 million—which equates to $23 million in USD—the biggest first prize for any poker tournament. 11 players will make the money.
The previous record for the largest first prize payout belongs to another seven-figure buy-in $1,000,000 Big One for One Drop held in 2012. Antonio Esfandiari took down the event for $18.3 million.
Have you ever wanted to know why Daniel “Jungleman” Cates was dubbed Jungleman in the first place?
Over in Instagram, Cates shares the story about his infamous moniker.
The real story is that when I first played poker, I was a lot different of a person. I was very unkempt, had longer hair, and seemed like a bizarre person. I think at some level that my opponents called me “jungleman” as kind of a way to mock me for these reasons.
That’s the précis, but if you click through on the Instagram and read the top comment, there’s a lot more:
If you are looking for more on Jungleman, check out this video from the World Series of Poker.
Cates is one of best high roller poker players in the world and will be headed to the £1,050,000 buy-in Triton Million: a Helping Hand for Charity tournament that will play host to some of the best poker players in the world.