When Pius Heinz won the 2011 World Series of Poker main event last week he collected amazing $8.7 million and became the first German main event winner in WSOP history. So, how much will be taxed by his native country Germany? The answer is none, nothing, nada. According to CNBS sports analyst Darren Rovell, who tweeted a story by Fox that breaks down the tax situation for each 2011 November Nine player.
In case you haven't been living under a rock since yesterday morning you probably heard that the 2011 WSOP Main Event is over and that Pius Heinz, from Germany, is the champion. After defeating Martin Staszko in heads up, Heinz received the diamond bracelet and an amazing first place prize of $8,715,638. Add to that that he's the first German in WSOP history to win the Main Event.
After about 7,5 hours of 3-handed play, the 2011 World Series of Poker finally got a winner, Pius Heinz, 22, from Germany. Heinz is the first German player in WSOP history to win the Main Event. For the win he received amazing $8,7 million dollars (the 3rd biggest cash in WSOP history) while Martin Staszko got $5,4 million for his efforts. This is how the final hand was played out:
Martin Staszko had the button, and he went all in for 39,5 million. Heinz called straight away and flipped over A[s]K[c], Staszko showed 10[c]7[c]. The tension in the room became palpable, and Staszko's and Heinz fans stood up and shouted for their cards.
The 2011 WSOP Main Event final table is still running and still a world champion hasn't been crowned. The 3 players who returned to the final table 7 hours ago were Pius Heinz, from Germany, with 107 million chips. In second place is Ben Lamb, from USA, with 55 million chips, and in third place is Martin Staszko, from Czech Republic, with 42 million chips.
The 2011 November 9 kicked off yesterday and still a world champion hasn't been crowned. When 6 of the 9 players had hit the rail, the tournament crew called it a day and play will now resume on Tuesday. The remaining players are Pius Heinz, from Germany, with 107 million chips. In second place is Ben Lamb, from USA, with 55 million chips, and in third place is Martin Staszko, from Czech Republic, with 42 million chips.
After a very long, intensive and exciting day of play we're now down to only 22 players. These 22 players will now get some well-needed rest before they have to return to Rio's poker room and play Day 8 of the Main Event. All the remaining players are guaranteed at least $302,0000 each.
Just like in the past 7 days, a new player will return with the largest stack to Day 8, Anton Makievskyi. Makievskyi played fantastic poker during Day 7 and managed to accumulate a stack of over 21 million chips. His closest opponent, Eoghan O'Dea, has 19 million chips. Even though these 2 players have a nice lead over the rest of the field it's very hard to say what will happen during Day 8. One thing is for sure though - 9 players will make it to the final table in November - 8 of them will become dollar millionaires.
Day 8 table and seat draw:
ESPN Feature Table Seat Player Chips 1 Gionni Demers 4,655,000 2 Christopher Moore 3,040,000 3 Khoa Nguyen 16,435,000 4 Konstantinos Mamaliadis 8,195,000 5 Kenny Shih 4,530,000 6 Samuel Holden 4,740,000 7 Lars Bonding 4,140,000 8 --empty-- -- 9 Anton Makievskyi 21,045,000
Secondary Feature Table Seat Player Chips 1 Matt Giannetti 8,920,000 2 Aleksandr Mozhnyakov 7,075,000 3 Scott Schwalich 6,920,000 4 Pius Heinz 7,510,000 5 Phil Collins 13,805,000 6 --empty-- -- 7 Bounahra Badih 3,385,000 8 --empty-- -- 9 Sam Barnhart 4,935,000
Table Seat Player Chips 334 1 Martin Staszko 6,380,000 334 2 John Hewitt 13,265,000 334 3 --empty-- -- 334 4 --empty-- -- 334 5 Ben Lamb 14,690,000 334 6 Ryan Lenaghan 10,415,000 334 7 Andrey Pateychuk 16,245,000 334 8 Eoghan O'Dea 19,050,000 334 9 Bryan Devonshire 6,190,000
Day 6 of the 2011 WSOP Main Event came to an end about 1 hour ago. Left are now only 57 players that will return to play Day 7 tomorrow. The current chip leader is Ryan Lenaghan with with almost 13 million in chips. In second place is Ben Lamb with almost 10 million chips, followed by 3 players with about 7-8 million chips (Matt Giannetti, Andrey Pateychuk & Phil Collins).
Notable names to survive play today include David Bach, Lars Bonding, Erick Lindgren, Sam Barhard and Team PokerStars Pros Sebastian Ruthenberg and Tony Hachem.
8 of the remaining players will become millionaires and one will become the World Champion and receive the coveted gold bracelet! We will return with an update as soon as day 7 is over. Stay tuned!
The 5th day of the 2011 WSOP Main Event is in the books. Out of the 6,865 players who signed up for the tournament 8 days ago, 142 players will return tomorrow and play Day 6 of the tournament. Not less than 5 players will return with more than 4 million in chips tomorrow. Chip leader is David Bach, from USA, with 4,7 million, closely followed by Pius Heinz (4,699,000) and Kyle Johnson (4,654,00).
Day 3 of the World Series of Poker Main Event came to and end about half an hour ago. Out of the 1,864 players that started the day, "only" 900 players will return to play Day 4 tomorrow. In the lead are two americans - Patrick Poirier with 1,328,000 chips and Daryl Jace with 1,282,500. Sebastian Ruthenberg, from the UK, is the biggest name in the very top of the remaining field of players. Ruthenberg, who has 1 WSOP bracelet and 1 EPT title, played fantastic poker during Day 3 and has accumulated 889,000 chips and is in 6th place at the moment.
Apart from Ruthenberg, there are many big names with plenty of chips left (just to mention a few) - JP Kelly (33rd place - 492k), Ben Lamb (37th place - 450k), Erick Lindgren (64th place 355k), Tony Hachem (65th place - 355k), Allen Cunningham (87th place - 274k), Freddy Deeb (265k), Sorel Mizzi (93rd place - 250k), Jake Cody (95th place - 250k).
Day 2b of the 2011 WSOP Main Event came to and end about 2 hours ago. The day started with 2490 players and ended with 1,080 players remaining. This means that about 1,900 players are through to Day 3 of the tournament, which starts tomorrow. In the lead is no one else than Ben Lamb, who took down the $10k PLO event for $814k, finished 2nd in the $3k PLO event, and has cashed in another 2 events at the 2011 WSOP. Other big names with plenty of chips left are Patrik Antonius (361,000 - 7th place), Tony Hachem (245,100 - 27th) and Jeff Madsen (231,500 - 29th).
We will return with more updates on the 2011 WSOP Main Event as soon as Day 3 comes to an end. Stay tuned!
6 days have now passed since the 2011 World Series of Poker Main Event kicked off. In the 42-year history of WSOP, the Main Event this year is the third-largest ever, with 6,865 participants and more than 1.4 billion in prize money. Anyhow, the 4 starting days are in the books and also Day 2a (822 of 2,031 through to Day 3). We are now waiting for the official Day 2b results to be released. It will be interesting to see how many survived from the 2490-player field.
