Horsing Around

by , Jun 22, 2008 | 12:56 pm

The underbuzz at the Rio these days is the upcoming HORSE event. Everybody wants in, but few have the necessary liquid capital bankroll cushion to comfortably do so. The WSOP ran the last $2,250 mega-sat yesterday. These have had some interesting fields … and it was kinda funny late at night to see the last couple tables of a tiny-looking tourney on totally unspecial tables in a hidden corner (right in front of CardPlayer) with a handful of B-level pros … all fighting for $50k for 1st place, $30k for second. $1,500 NL Democratic Conventions are one thing, as our Omaha Hi-Lo bracelet events … but there were some really high-pressure battles amongst some very solid players going on in these attempts to win one’s way into $50k HORSE.

Off the tables, players are shopping around for backers, as very few players have the true bankroll to justify such a big buy-in against arguably the strongest field in the world. Using the most basic bankroll management math, a player should have $5 million put aside just for poker for HORSE to be a no-brainer buy-in. I gotta think there aren’t more than 25 or 30 mixed-game-capable players in the world with the five double-ems in the family BR, yo? Yet we can expect to see probably about 150 runners competing for the Chip Reese title.

CORRECTION: I made a mistake on the podcast when saying a proper poker bankroll for a $50k buy-in is $5 million. Oops, added an extra zero … $500k should suffice.

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