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GDAM Asia Millions Produces $15 Million Prize-pool

The organizers of the GDAM (GuangDong Asia Millions) boasted perhaps 100 entries for the HKD$1,000,000 buy-in tournament (about $130,000 USD) and while the actual number entries in the tournament that is taking place at the City of Dreams Casino in Macau was well off that hopeful number, the tournament is still absolutely massive, as 71 players entered the event, and 54 of them felt that firing 1-barrel wasn’t enough and took advantage of the rebuy format –generating a $15 million prize-pool.

Some absolutely huge names were in the field –which explains the absence of many of poker’s top players from the World Series of Poker– from Ike Haxton and Jonathan Duhamel, to Erik Seidel and ElkY, to Dan Smith and even Di Dang –remember him from Full Tilt Poker where he played under the name “uRInDanger”?

Considering the event was competing not only against the World Series of Poker, but also the ISPT, attracting 71 Super-High-Rollers, including some of the biggest names in poker has to be seen as a massive success. If this tournament was held at a different time of year I shudder to think the number of players who might have turned out for the $130k buy-in tournament… 200 or maybe more, plus rebuys?

Of the 71 players who entered the tournament, 52 still remain, and only eight will make the money, which is supposed to happen tomorrow as the field is scheduled to play down to the final table of eight. Here is a look at the Top 10 chip counts as reported by the PokerStars blog:

  1. Jonathan Duhamel — 6,080,000

  2. Isaac Haxton — 5,658,000

  3. Sorel Mizzi — 5,649,000

  4. Fenglei Qjan — 5,075,000

  5. Di Dang — 4,104,000

  6. Joseph Cheong — 4,052,000

  7. Anson Tsang — 3,892,000

  8. JC Alvarado — 3,787,000

  9. Dan Smith — 3,618,000

Other notable names that moved on to Day 2 include Tom Hall, David Steicke, Niklas Heineker, Gus Hansen, John Juanda, Mike McDonald, ElkY, Greg Merson, and a German contingent that includes Tobias Reinkemeier, Max Altergott, Fabian Quoss, and Phillip Gruissem. Want to know more about Titan Poker? Check out our complete Titan Poker Review.

Here is a look at the payouts for the eight lucky players that will cash in the tournament (which features a prize-pool of over $15 million), with nearly $4.5 million USD going to the winner:

  • 1st place – $34,600,000 HKD ($4,464,516 USD)

  • 2nd place – $24,500,000 ($3,161,290)

  • 3rd place – $16,100,000 ($2,077,419)

  • 4th place – $12,525,000 ($1,616,129)

  • 5th place – $10,200,000 ($1,316,129)

  • 6th place – $8,300,000 ($1,070,968)

  • 7th place – $7,150,000 ($922,581)

  • 8th place – $6,000,000 ($774,194)

Resources: http://www.pokerstarsblog.com/pokerstars_macau/2013/gdam-day-1-duhamel-and-haxton—the-crea-138217.html

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