23-Year-Old Poker Pro Wins $8.4 MILLION World Series Prize
According to CBS News:
A 23-year-old poker professional from Michigan won the World Series of Poker main event late Tuesday, lasting roughly 3 1/2 hours in a dramatic card session to push past his last opponent for the $8.4 million title. Ryan Riess emerged with the title after a session in which he started behind, but used expert skill to gather the chips to his side amid the unpredictability of no-limit Texas Hold ’em. Riess put his final opponent, Jay Farber, all-in with an Ace-King.
Farber, a Las Vegas club promoter, had been fighting for his tournament life for several hours. With just 14.2 million in chips to Reiss’ 176.5 million, Farber made his stand with Queen and 5 of spades, only to run into Reiss’s Ace and King of hearts. It wasn’t looking promising, but he had a chance – that is until the flop came four-Jack-10. That meant a Queen now would make a straight for Reiss, so only one of the three remaining fives in the deck could help Farber. Neither the fourth nor the fifth community cards brought any help, and Reiss was champion.
Reiss backed into the stands to watch the cards turn, and won the championship with the arms of a girlfriend around his shoulders. His fans immediately tackled him to the ground. Moments later, he accepted the diamond-encrusted championship bracelet. “I want to thank my family and my friends, they’re the best friends in the world,” he said, his voice choked with tears. Asked how such a young player came in with so much confidence, he said, “I just think I’m the best player in the world.”
Farber said he plans to keep his day job, despite the $5.2 million second-place haul, and added that all the publicity would be good for business. The men started the night at the 1,600-seat theater at the Rio All-Suite Hotel & Casino off the Las Vegas Strip walking on like prizefighters, with showgirls looking on and a UFC announcer introducing Riess as “Riess the beast” and Farber as “the panda.” Riess, Farber and seven other finalists beat out a field of 6,352 entrants in the no-limit Texas Hold ’em tournament in July. On Monday night, Riess eliminated four competitors with a sly, steady playing style, and Farber took out the other three with more straightforward, aggressive plays.
Riess began to seem like an underdog Tuesday night, despite his chips advantage, as observers from the ESPN commentators in the theater to Twitter pundits around the world gushed about his opponent’s unconventional back-story and supposed ability to usher in a new golden age of poker.
Farber had the benefit of counting some of the world’s best poker pros among his friends, some of whom may have a claim on the pile of money sitting on the table underneath the blue and red glare of television lights.
Farber says he sold stakes in his championship bid because the $10,000 entrance fee was too much to put up by himself. He said he kept a significant part of his own action, though he wouldn’t say whether he’d kept a majority. Now his investors stand to win about $840,000 for every thousand they put in.
Can we hold something, Ryan????