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Remember when a one million dollar first prize in a poker tournament was mind blowing? Well, how about a one million dollar buy-in? It will happen next year, at the 2012 World Series of Poker (WSOP). Jul 15, 2018 The last event of the 2018 World Series of Poker has just begun! The Big One for One Drop $1 Million Buy In poker tournament promises one player will take home millions of dollars. A portion of the. The buy-in for The BIG ONE for ONE DROP at $1 million, remains the largest ever for a poker event. There will be no rake or house fees to operate the event, and $111,111 of each buy-in will be.
One Drop is an international non-profit organization based in Montreal, created in 2007 by Cirque du Soleil founder Guy Laliberté, which is focused on water initiatives.
Arts and culture[edit]
One Drop uses circus arts, folklore, popular theatre, music, dance and visual arts to raise awareness of water-related issues.
Projects[edit]
One Drop has projects in Latin America, India, Canada and Africa.
Awards and recognition[edit]
One Drop has received the following recognition:
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- 2019 Top 10 International Impact Charities as recognized by Charity Intelligence.
- 'Water for Life' UN-Water Best Water Best Practices Award in the category “Best participatory, communication, awareness-raising and education practices”
- International Water Association Project Innovation Award in the Development category.
Donations[edit]
Guy Laliberté has pledged to donate C$100 million to the organization over 25 years.[1]
In its 2012 Annual Report, One Drop reported raising nearly $52 million over the previous five years. Funds were allocated to programs designed to provide permanent safe water to over 340,000 people.[2]
Social Art for Behaviour Change[edit]
The Social Art for Behaviour Change™ (SABC) approach emphasizes participation and implementing action plans that are adapted to target groups, influencers, desired behaviours and local contexts. The social art programs rely on collaboration and innovation as essential elements, which result in sustainable WASH behaviours and Social Art products created with, for, and ultimately by the communities. The SABC approach stands at the heart of the A·B·C for Sustainability™ model, which includes three components : Access, Behaviour Change, and Capital to drive long-term change in communities. [3]
Poker[edit]
In 2011, Laliberté teamed with Caesars Entertainment, owner of the World Series of Poker (WSOP), to launch a major poker tournament to benefit the organization. The One Drop tournament would be held as a competition within the larger WSOP series of tournaments held each summer in Las Vegas.
The first tournament, known as The Big One for One Drop, was held as part of the 2012 WSOP, and had a record per person buy-in of US$1 million.[4] The WSOP waived its normal 10% rake of the entry fees, and $111,111 of each buy-in went to the Foundation.[4] The 48 seats available in the event were filled, creating a poker record first prize of $18.3 million[5] and a donation to One Drop of $5.33 million. Caesars Interactive Entertainment CEO Mitch Garber, ineligible to play, donated $111,111 while One Drop founder Laliberté donated his entire fifth-place winnings of $1.83 million, for a total donation of $7.28 million from this single tournament game.[5][6]
As part of the initial 2012 event, Caesars announced that One Drop has become an official charity of the WSOP, and it encouraged all players who cashed during any tournament at the 2012 WSOP to donate 1% of their winnings to One Drop.[7] Labelled the 'All in for One Drop', the 2013 campaign saw 458 players contribute $0.25 million of their winnings from tournaments held during the 2013 WSOP.[8]
References[edit]
- ^Annual Report 2009, ONE DROP
- ^Annual Report 2012, ONE DROP
- ^https://www.onedrop.org/en/visionary-approach/
- ^ ab'WSOP Announces $1 Million Buy-In Tournament in Conjunction with One Drop' (Press release). World Series of Poker. June 2, 2011. Retrieved April 12, 2012.
- ^ abDalla, Nolan (June 30, 2012). 'The Biggest One—World's Most Spectacular Poker Extravaganza Starts Sunday'. World Series of Poker. Retrieved July 3, 2012.
- ^Dalla, Nolan (July 3, 2012). 'Antonio Esfandiari Pulls Off Amazing Trick by Winning One Drop'. WSOP.com. Retrieved July 4, 2012.
- ^'One Drop Designated as an Official Charity of WSOP' (Press release). World Series of Poker. May 22, 2012. Retrieved May 25, 2012.
- ^'BIG ONE FOR ONE DROP RAISES OVER $4.6 MILLION FOR CHARITY' (Press release). Caesers Interactive Entertainment. 2014-07-01. Retrieved 2014-09-01.
External links[edit]
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Remember last year during the World Series of Poker main event when this guy’s reaction made us think he’d lost the saddest poker hand ever? Erase that from your memory.
This hand right here — from the WSOP Big One for One Drop, which aired Tuesday night on ESPN — is without a doubt the worst bad beat in the history of poker.
Let’s start with this crazy fact: These guys paid $1 million(!) to play in a poker tournament, the only tournament of its kind with $15,306,688 to the winner (let that sink in for a moment).
Both Connor Drinan and Cary Katz picked up pocket aces, and after some pre-flop raises and acting that included an ominous message from Katz, they naturally got their money all in, but only Drinan was at risk of being eliminated. But, c’mon, what’s the worst that could happen when they’re an identical 2% to win a pot they split 98% of the time?
Only this:
Aces vs. aces. No big deal?
That look you get when you know you can’t lose.
Flush draw. No, this isn’t happening …
This guy can’t believe it either!
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Flush! It happened! NOOOOOOOOOOOOO!!!
How? Why? What?
That look you get when you realize $1 million was just flushed away on an awful beat.
Longtime ESPN poker commentator Lon McEachern called Drinan losing to an improbable flush “the worst beat in the history of tournament poker.” How can anybody disagree given the enormous stakes?
Oh, and that ominous message from Katz to Drinan before the flop? “Save your money, kid. You can’t win every pot.”
Drinan was knocked out in 18th place and out of the money.
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To watch this horrific beat slowly unfold, just click below: