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20M Heads Up Poker Match at Wynn Las Vegas

By Chuckmonster on Thursday, 2nd February 2006 8:13am
  » filed under Las Vegas  comments: 0


It appears the Texas billionaire, Andy Beal, came to terms with “The Corporation;” a team of professional poker players who aggregate their money and match it against his in a spirited game of limit Texas hold’em. On Feb.1, they met again for the heads up, high stakes poker match. Beal is the banker, real estate developer and a mathematical theorist who established fame, but not fortune, when he repeatedly challenged the elite of the poker world. A year has passed since his last visit and the saga continues at new location, the Wynn Hotel Casino on the northern end of the Las Vegas Strip.

Security was tight making it difficult to observe play, but didn’t stop a crowd from gathering to witness the spectacle taking place on table two. The high-limit area of the Wynn poker room was roped off, open only to members of “The Corporation,” casino floor personnel and Beal. The Wynn’s policy is to protect their VIPs and ensure privacy, so staff remained “hush-hush” about details surrounding the event until after noon.

“The Corporation” introduced their first player, who celebrated the biggest win during the last union, the heads-up specialist Todd Bruson.

Each player bought in for $10 million. The stakes were negotiated, with the team of Las Vegans voting for 30-60k limits, but Beal insisted the blinds start at 25-50k making the limits 50k-100k. Play commenced around 2 p.m. PST and an hour passed with no significant scores, though Beal did take down a pot worth over $500k. By 3p.m. Brunson had emptied one of his four racks, each worth $250k.



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