2011 World Series Of Poker Event 16

The next championship event in the World Series of Poker is the 16th event. This will be the 2-7 Draw Lowball Championship event. As one of the bracelet events with high prestige, due to the difficulty involved in being successful at this game. This bracelet event will require the large buy-in associated with all of the championship tournaments, This will keep the event fairly thin, with a very small field coming into the event. Only 101 players entered this event last year, which is likely to be somewhat smaller this year considering the lack of major online poker rooms still operating within the United States.

Last year, the 2-7 Draw Lowball World Championship garnered a total prizepool of $949,400. The event was won by David Bakes Baker, who took $294,321 for his prize. The second place winner was Eric Cloutier, who won $181,886. Daniel Negreanu, Erik Seidel, John Juanda and many other professional players participated in the event, and this is likely to be the case in the 2011 World Series of Poker. The June 9th start date will begin at 5 PM, and players will be running this event for 3 days. A buy in of $10,000 is required to enter, so not all players will be able to chase this bracelet.

Tournament Updates
(New Updates Posted Daily During Event)

Day 1 Update - The $10,000 buy-in tournaments are rarely ever large, and 2-7 draw lowball is equally less popular, but this did not stop 126 players from coming to the tables for the Championship event. Of the 88, some major players are still in the running. In the top 10 alone we see Shaun Deeb, Nick Schulman, Jennifer Harman, Nikolay Evdakov, Phil Hellmuth and Vladimir Shchemelev. Vince Musso is leading the pack with 106,200 chips. Daniel Alaei, SCott Seiver, Mike "The Mouth" Matusow, Daniel Negreanu, Eli Elezra, Alessio Isaia, Johnny Chan, Eric CLoutier, Bertrand Grospellier, Huck Seed, Erick Lindgren, Jeffrey Lisandro, Jason Mercier, Eric Seidel, David Benyamine, Greg Raymer, Barry Greenstein, and Michael Mizrachi are all still in the running.

Almost as many major players failed to make it to day 2, with several key eliminations. Doyle Brunson, Tom Dwan, Phil Laak, Justin Bonomo, and Eric Cloutier have all been eliminated. Of the 88 players only 14 will be paid, though a $14,000 profit will come from the $24,043 prize pool. The top prize winner will earn $367,170 for their efforts. It is too early to say who will be the winner of this event, though it is sure to be exciting considering all of the major players in the event.

Day 2 Update - At the end of the second day, only 9 of the original 126 players remain in event 16. The 2-7 draw lowball championship tournament has brought out some of the biggest names in poker, but few remain Mike Matusow, Barry Greenstein, Shaun Deeb, Daniel Alaei and Jason Mercier have already been sent home, as has Daniel Negreanu. Of the final nine, Richard Ashby is in the lead with 700,000 chips. Joe Cassidy is in second place just behind him with 540,000 chips.Greg Raymer, Nick Schulman, John Juanda and Phil Hellmuth all remain alive in the tournament, with Hellmuth working to increase his bracelet count and earn some WSOP Gold that is not in a standard hold 'em tournament.

Day 3 Update - Event 16 ended on a sour note for one of poker's best. Phil Hellmuth, the man who holds the most WSOP bracelets in history, would have earned his 12 bracelet if not for the efforts of John Juanda. After a gruelling final day, Phil Hellmuth failed to remain alive in the 2-7 draw low ball tournament, as John Juanda had taken down his fifth bracelet. Some big names came to this final day, so it was no easy race for any of the players involved. Greg Raymer was one participant, as was Nick Schulman. Joe Cassidy and Hasan Habib also made their appearances. Greg Raymer was the first to go, followed by Joe Cassidy and Hasan Habib. Phill Hellmuth's stack climbed throughout the day, and it would ultimately come down to him and John Juanda.

With the elimination of Richard Ashby in third place, Hellmuth and Juanda would come to square off heads up. Hellmuth started heads up with approximately 3,000,000 chips to Juanda's 850,000. Heads up lasted over three hours, with the two duking it out and taking one another's chips. With a few blow ups by Hellmuth and some strong play by Juanda, the latter began siphoning chips from Hellmuth - even though the two had ended up on dead even footing at one point throughout the night. Juanda ultimately put Hellmuth all in, which he called, and Hellmuth flipped over Q-10-8-5-2. Juanda's J-8-6-3-2, giving him the leading hand and sending Hellmuth home an unhappy man - unhappy as you can be having just won $226,907.

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