Poker Big One For One Drop

One Drop is an international non-profit organization created by Cirque du Soleil founder Guy Laliberté, focused on water initiatives.

Arts and culture[edit]

The WSOP is bringing back the $1 million buy-in Big One for One Drop charity poker event next summer, and we'll see how excited players get for a good cause.

  1. Jul 17, 2018  A round-up of all the Day 1 action from the $1m buy-in Big One for One Drop live and direct from the World Series of Poker including a chip lead for Rick Salomon and five people going to.
  2. Apr 09, 2018  Big One For One Drop 2018. Nearly four years have passed since then, and the 2018 Big One for One Drop promised to be one of the biggest prize pool poker tournaments in 2018. And, in fact, it was. Justin Bonomo took down top honors, winning a whopping $10 million.

One Drop uses circus arts, folklore, popular theatre, music, dance and visual arts to raise awareness of water-related issues.

Projects[edit]

One Drop has projects in Central America, India and West Africa.

Awards and recognition[edit]

One Drop has received the following recognition:

  • 'Water for Life' UN-Water Best Water Best Practices Award in the category “Best participatory, communication, awareness-raising and education practices”
  • International Water Association Project Innovation Award in the Development category.
Who won the big one for one drop poker

Donations[edit]

Guy Laliberté has pledged to donate C$100 million to the organization over 25 years.[1]

In its 2012 Annual Report, One Drop reported raising nearly $52 million over the previous five years. Funds were allocated to programs designed to provide permanent safe water to over 340,000 people.[2]

Poker[edit]

In 2011, Laliberté teamed with Caesars Entertainment, owner of the World Series of Poker (WSOP), to launch a major poker tournament to benefit the organization. The One Drop tournament would be held as a competition within the larger WSOP series of tournaments held each summer in Las Vegas.

The first tournament, known as The Big One for One Drop, was held as part of the 2012 WSOP, and had a record per person buy-in of US$1 million.[3] The WSOP waived its normal 10% rake of the entry fees, and $111,111 of each buy-in went to the Foundation.[3] The 48 seats available in the event were filled, creating a poker record first prize of $18.3 million[4] and a donation to One Drop of $5.33 million. Caesars Interactive Entertainment CEO Mitch Garber, ineligible to play, donated $111,111 while One Drop founder Laliberté donated his entire fifth-place winnings of $1.83 million, for a total donation of $7.28 million from this single tournament game.[4][5]

As part of the initial 2012 event, Caesars announced that One Drop has become an official charity of the WSOP, and it encouraged all players who cashed during any tournament at the 2012 WSOP to donate 1% of their winnings to One Drop.[6] Labelled the 'All in for One Drop', the 2013 campaign saw 458 players contribute $0.25 million of their winnings from tournaments held during the 2013 WSOP.[7]

References[edit]

  1. ^Annual Report 2009, ONE DROP
  2. ^Annual Report 2012, ONE DROP
  3. ^ ab'WSOP Announces $1 Million Buy-In Tournament in Conjunction with One Drop' (Press release). World Series of Poker. June 2, 2011. Retrieved April 12, 2012.
  4. ^ abDalla, Nolan (June 30, 2012). 'The Biggest One—World's Most Spectacular Poker Extravaganza Starts Sunday'. World Series of Poker. Retrieved July 3, 2012.
  5. ^Dalla, Nolan (July 3, 2012). 'Antonio Esfandiari Pulls Off Amazing Trick by Winning One Drop'. WSOP.com. Retrieved July 4, 2012.
  6. ^'One Drop Designated as an Official Charity of WSOP' (Press release). World Series of Poker. May 22, 2012. Retrieved May 25, 2012.
  7. ^'BIG ONE FOR ONE DROP RAISES OVER $4.6 MILLION FOR CHARITY' (Press release). Caesers Interactive Entertainment. 2014-07-01. Retrieved 2014-09-01.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=One_Drop_Foundation&oldid=923486783'

High stakes poker players will be excited to know that the Big One for One Drop event is returning to the 2018 WSOP. This is one of the biggest buy-in for any poker event and has one of the largest pay-outs for the eventual winner.

The event is hosted by the World Series of Poker (WSOP) in partnership with the One Drop Foundation. The seven-figure buy-in event will be held from July 16 to 17, 2018.

The announcement that the Big One for One Drop is coming back for next year’s tournament was made by WSOP Executive Director Ty Stewart before the €111,111 High Roller for One Drop No-Limit Hold'em event commenced on Nov 4 at the WSOPE at the King’s Casino in Rozvadov, Czech Republic.

One Drop

2018’s Big One for One Drop will be the fourth edition of the huge event, which was first organized in 2012. WSOP holds the event in partnership with One Drop foundation, a charity organization created by Cirque du Soleil's founder Guy Laliberté to provide sustainable and clean water to communities around the world who don’t have access to safe and potable water.

Since 2012, over $20 million was raised for the charity and close to $14 million of that money came from Big One for One Drop buy-ins. Players at the 2018 Big One for One Drop will be capped at 48 like the previous edition. The buy-in for this high stakes event will once again be $111,111 and the WSOP has confirmed that it will not collect buy-in fees for this event and will donate the proceeds to the One Drop foundation.

In a statement, Stewart said

I remember in 2012 people said that a $1 million buy-in tournament was crazy. They also then said that you couldn't have 11% juice on a mid-stakes tournament; that's crazy! Or have a $10 million guaranteed One Drop in Rozvadov! For anyone who says that poker players aren't charitable it's just truly amazing. That motivates us that there should be no end in sight

Poker Big One For One Drop 2017

The Big One for One Drop event has so far been held in 2012, 2014 and 2016 and has been won by some of the best poker players in the world. Antonio Esfandiari won the first event in 2012 and took home $18,346,673, Daniel Colman won in 2014 and walked away with $15,306,668, while Elton Tsang won in 2016 and received €11,111,111.