The delay of the WSOP main event final table allowed Harrah\’s to invest the final table prize money, with the exception of $900,670 paid to each player in July, in a money market account to accumulate interest in the months leading up to the final table action. That was an excellent idea…until the market tanked. Minor detail.
Regardless, there is now an extra $98,179 added to the payouts. Harrah\’s invested the $24,527,416 into a Fidelity Institutional Money Market Fund – Treasury Only Portfolio on July 14th and withdrew it on November 5th. With a variable rate returning .9%, there is now a little extra spending money in the pool for the top eight finishers. The guy who finishes in ninth place gets nothing more – nada, zippo, not even a few bucks for the valet – than the $900,670 he already won. The new payouts for the final table are as follows:
1st place: $9,152,416 ($32,899 added)
2nd place: $5,809,595 ($19,571 added)
3rd place: $4,517,773 ($14,421 added)
4th place: $3,774,974 ($11,459 added)
5th place: $3,096,768 ($8,756 added)
6th place: $2,418,562 ($6,052 added)
7th place: $1,772,650 ($3,476 added)
8th place: $1,288,217 ($1,545 added)
9th place: $900,670
This brings the updated total main event prize pool to $64,431,779.
