The World Series of Poker has a long and successful track record of using its platform each summer to help galvanize the generosity of the poker community to in supporting worthwhile causes by using poker tournaments as the fun and friendly mechanism.
In 2013, the WSOP is hoping to host its largest field size of the year in Event #58, a two-day starting No-Limit Hold'em event taking place just before the Main Event on Wednesday, July 3 and Thursday, July 4 at 12 noon.
The four-day event will run through July 6 and is expected to award the largest prize pool of the summer of any $1,000 buy-in event.
The particulars of the Little One for ONE DROP are as follows:
Players who cash will still have the opportunity after the event, to make a charitable donation to ONE DROP if they so choose.
The structure sheet for the event can be viewed here:
After an incredibly successful inaugural event in 2012 (the Big One for ONE DROP) which raised over $10 million for various charities, the WSOP and ONE DROP are teaming up again to offer the ONE DROP High Rollers No-Limit Hold'em WSOP gold bracelet event in 2013, with a charitable component.
But instead of the charitable component coming from players, the Rio has decided to donate its three percent fee on each buy-in to ONE DROP.
However, players who cash, will still have the opportunity after the event, to make a charitable donation to ONE DROP if they so choose.
While the $1 million buy-in tournament is set to return at the 2014 WSOP, this year, the ONE DROP High Rollers event will carry an $111,111 entry fee. The event is structured as a three-day event that begins on Wednesday, June 26 at 12 noon. Officially Event #47 on the schedule, the prize pool is expected to exceed $10 million.
From each entry fee, $3,333 will be donated to ONE DROP. The remaining $107,777 goes into the prize pool.
Players will start with 300,000 in tournament chips. The tournament is to be played as No-Limit Hold'em.
Subject to the rules of the tournament, anyone age 21 or older is eligible as long as they have the $111,111 entry fee. The field will not be capped.
The structure sheet for the event can be viewed here:
After a successful partnership in 2012 that led to nearly $5.7 million being directed to ONE DROP (www.onedrop.org) at the World Series of Poker (WSOP), the two organizations plan to team up again in 2013 with two WSOP gold bracelet events to continue to raise awareness and funds for water-related causes.
"ONE DROP is doing important and impactful work and we intend to continue to help their efforts," said Mitch Garber, CEO, Caesars Interactive Entertainment, Inc. (owners of the WSOP). "We were wildly successful out the gate in 2012, but we can't slow down. The water crisis is a worldwide issue that needs our continued attention."
Following on the heels of The Big One for ONE DROP in 2012, this year's version is two-fold. The WSOP will again offer a High Roller event, this time with an $111,111 buy-in on Wednesday, June 26 at 12 noon, known as WSOP Event #47. This three-day official WSOP gold bracelet event does have a charitable component, as 3% of the buy-in amount will be re-directed to ONE DROP as a charitable contribution from the Rio All-Suite Hotel and Casino. $107,777 of each buy-in will go towards the prize pool, which is expected to reach over $10 million. Players who cash in this event will be encouraged to consider donating some of their winnings to ONE DROP.
Then, on July 3 & July 4, the WSOP will host another official WSOP gold bracelet event with a charitable component. Event #58A & 58B, the LITTLE ONE for ONE DROP, has a $1,111 buy-in No-Limit Hold'em event, features two starting flights and unlimited re-entry through the first four levels each day. Players must be out of chips to re-enter. From each buy-in, $111 will be donated to ONE DROP. The field-size for this event is expected to be the largest non-Main Event field of the summer, and even has a chance to out-draw the Main Event in terms of entries.
Additionally, the WSOP-ONE DROP alliance will continue to see all players who cash in any WSOP event to consider going All In for ONE DROP by donating 1% of their winnings to ONE DROP. All monies will be 100% tax-deductible.
Last year, select Caesars Entertainment Las Vegas resorts participated in fundraising and in-room efforts as part of the company's larger commitment to be responsible stewards of environment. The 2012 contributions helped to fund three major five-year infrastructure projects to provide clean drinking water to an estimated 70,000 people living in Burkina Faso, El Salvador and Honduras. Committed to operating sustainably, the company implements hundreds of environmentally friendly programs through its CodeGreen initiative that provides tangible low-carbon solutions to reduce water, energy and waste consumption at all Caesars resorts. The WSOP efforts are designed to further Caesars' environmental and social impacts through ONE DROP to aid people around the world live healthier lives through environmentally sustainable efforts. To learn more about the company's comprehensive approach to combat climate change and its commitment to stewardship of the environment, visit www.caesars.com/codegreen.
ONE DROP—a non-profit organization established in 2007 by Guy Laliberté, Founder of Cirque du Soleil—strives to ensure that water is accessible to all, today and forever by developing integrated water-access and management projects around the world. In the U.S., ONE DROP is a public charity that undertakes innovative activities in which water plays a central role as a creative force to generate positive, sustainable change worldwide. To learn more about ONE DROP, visit www.ONEDROP.org
Caesars Entertainment believes that the problems facing the planet demand real action today. The company's CodeGreen initiative provides tangible low-carbon solutions to reduce water, energy and waste consumption at all Caesars resorts. CodeGreen enhances the first-class experience of Caesars Entertainment guests, creating healthier, cleaner communities around the world. More than 200 Caesars Entertainment employees have completed Caesars' CodeGreen Meetings & Events Certification training program.
CodeGreen has won more than 50 prestigious environmental awards and certifications, including the Silver IMEX Green Supplier Award and nine Travelife Gold property certifications. For further information on CodeGreen and to view Caesars Entertainment's sustainability report visit www.caesars.com/codegreen or visit the CodeGreen blog at www.codegreen.harrahsblogs.com. Be a part of the conversation on Twitter by following @cetcodegreen (#caesarscodegreen), and liking us on Facebook at https://www.facebook.com/CaesarsEntertainmentCodeGreen.
It was so audacious that many people didn't think one table of poker players would show up. When the World Series of Poker along with renowned showman and philanthropist Guy Laliberte announced plans to host a $1,000,000 buy-in poker tournament as part of the 43rd Annual WSOP in 2012, it was met with plenty of skepticism. After all, the biggest previous buy-in record for a poker tournament was $250,000 and only 14 people participated. But betting against Laliberte is never a smart bet. With a cap of 48 players and an $18 million first place prize, the BIG ONE for ONE DROP from July 1-3, 2012 was a huge success. Antonio Esfandiari captured the victory and the first-ever platinum bracelet, while ESPN cameras captured the action live to households across America. To relive or review the event, we offer you the following options:
The World Series of Poker joined forces with the ONE DROP Organization (www.onedrop.org) in 2012, to help raise awareness and funds for the global water crisis. We encourage you to visit the ONE DROP website and become more informed about the issue to help those less fortunate to get access to clean water. As the "World" Series of Poker, we recognize this as a worldwide issue and want to do our part in this very important cause. We plan to continue working with ONE DROP for years to come and hope you will join the WSOP in supporting this worthwhile cause.