Every year, I try to run a prop be on the WSOP to keep things interested even though I’m a nation away from the action. This year, we had six participants choose four “horses” (aka players) apiece, with two bets. The first bet was for the most final tables and bracelets, with one point per final table and one point per bracelet. The second bet was for most cashes and awarded one point, flat, for each cash. I won both bets.
How? Well, some of it is just plain stupid luck. After all, you never really know what is going to happen at the beginning of the WSOP, especially since there isn’t an official roster of players or anywhere to tell who will play what. But beyond stupid luck, there was some strategy involved, and it paid off way more than expected.
When choosing horses, I have basically two requirements for my horses. First, they must have the funds or ability to play many events. In other words, they are either uber rich, a big name pro, or have a sponsorship. Second, they must have a driving force, some goal or motivating factor to encourage solid play. After all, poker is a largely mental game, and I think the WSOP is the mentalist of them all.
So, let’s take a quick look at my roster and how they did. Picking fourth in the first round, I was able to get Phil Hellmuth, after earlier players took Erik Seidel (Skidoo), Scott Seiver (CK) and Negreanu (Ingoal). I thought Seidel was a good choice, especially since he has been on a hot streak. Seiver falls below my radar, but he has been on a hot streak too, from what I do know. However, streaks tend to mean very little in the WSOP. Just look at the hot players each year pre-WSOP and during the WSOP. I doubt the lists look identical.
Negreanu looked like a good pick because he always acts like he has something to prove. If he were available, I may’ve chosen him. But he wasn’t which left me with two main top choices, Phil Ivey or Phil Hellmuth. I ended up choosing the latter.
Ivey seems like an obvious pick…only he wasn’t. See, even though Ivey won me the pool last year with his final table at the main event, I still felt like Ivey would be a bad bet, or at least a worse bet than Hellmuth. With the FT shutdown, I figured Ivey, who had become synonymous with FT over the last year, would be too distracted to play well. Also, if FT didn’t matter as a marketing device and moneymaker, Ivey, who is more of a cash game player, would have less impetus to play WSOP events. Alas, it was worse than even I thought, once the Ivey v. FT suit began. Fortunately, I had already chosen Hellmuth.
Hellmuth and Jason Mercier were really the horses that took me all the way in both of the bets. The key, to me, was that both had something to prove. Hellmuth is still desperate for bracelets, so he was sure to play as many events as possible and try his hardest. I know guys like Hellmuth, too stubborn to do anything but perform their hardest. It didn’t matter that Hellmuth lacked an online casino to back him (although I do think he had some endorsement deal from a land casino). He had history to make, and I had money to make.
Mercier has been a force on the poker scene for the last few years, but he, too, had something to prove. Another (thanks Windbreak247) bracelet for Mercier would mean further recognition and solidification of his role as one of the new generation of big name players. Tom Dwan, another of my picks, also did well, probably for a similar reason. These young guns cannot rely on history to keep them famous, like Chris Jesus Ferguson or Mike Matusow, to name a few. They needed wins or at least good showings to make clear that they are the young guys to beat. And both performed exceptionally.
Finally, I should note that I also won my prop bet with Skidoo regarding the WSOP entrants. I picked somewhere around 6300 to his 5800 or so, if memory serves correct. Details don’t matter, since the actual amount of players were higher than either of our picks. The recipe for success there was 1/2 guessing and 1/2 logic. I figured that the numbers would drop because of frozen funds, but not drop too much because of degeneracy. Without online poker, I figured that some players who would normally not play (and would rather sit at home and play in their BVDs) would finally give it a shot. What else were they going to do?
So, money in the bank. Not bad for a leak.
Until next time, make mine live poker!
