Matt in the Money!

Matt has done his thing and made it to the money in the main event! About 20 minutes after I put up my last post Matt called to say he'd won a few pots and was up to about 150,000! This was great news.

He meandered through the day going up to about 175,000 and then back down to 125,000 before picking up AA vs KK and doubling up with about 725 players left!

It took forever for the players to go from 700 down to the magic number of 666 remaining players. Just after making the money Matt had 237,000 chips and was guaranteed a pay day of $21,230! Of course only 37% of that is going to Matt since he sold off a good chunk of his action before the tournament.

For those of you who are wondering what the other payouts look like here they are:

1st $9,119,517
2nd $5,790,024
3rd $4,503,352
4th $3,763,515
5th $3,088,012
6th $2,412,510
7th $1,769,174
8th $1,286,672
9th $900,670
10-12th $591,869
13-15th $463,201
16-18th $334,534
19-27th $257,334
28-36th $193,000
37-45th $154,400
46-54th $135,100
55-63rd $115,800
64-72nd $96,500
73-81st $77,200
82-90th $64,333
91-99th $51,466
100-162nd $41,816
163-225th $38,600
226-288th $35,383
289-351st $32,166
352-414th $28,950
415-477th $27,020
478-540th $25,090
541-603rd $23,160
604-666th $21,230


For those of you who are wondering what my 10% of the action would be worth on the open market the 237,000 chips that Mat has are .173% of the chips in play and the total prize pool is $64,333,600 so his chips are worth $111,297 and my 10% is worth about $11,000. Of course if that expectation might not be realized so if there are any buyers out there I'll give up my piece for $10,000!The most exciting part is there is about a 1 in 650 chance of me taking home close to $1,000,000. Think about that for a second. I've had plenty of 1 in 1,000 shots come through for me before so I'm really starting to dream big here!

Good luck Matt!