The Winning Poker Network’s massive multi-day Venom tournament saw Day 2 action reduce the field from 374 players down to 20 with the winner to get $1,050,559.
It’s the largest online poker tournament ever hosted by a US-friendly poker site – either before or after Black Friday in 2011. Day 3 is set to resume on Tuesday, July 23 at 1:00 p.m. ET at WPN flagship poker rooms Black Chip Poker and Americas Cardroom. Players can also participate via True Poker, which is another skin on the network.
Day 2 went on for 12 hours and saw some top players eliminated. Entering Day 2 as chip leader was ACR pro Thomas “HolyCannuli” Cannuli, but his large chip stack is now in the hands of other players as Tom finished 105th for $10,850.25. Also biting the dust was Alex “OutFoxenYou” Foxen, as the top player on the Global Poker Index landed in 143rd place for $9,573.75.
Let us know what you think about our $5 Million Venom Tournament. What did you like and didn’t like?
— Americas Cardroom (@ACR_POKER) July 23, 2019
Cannuli and Foxen were among 2,553 entrants who paid the $2,500 + $150 buy-in over three starting flights to create a whopping $6,382,500 prize pool. Actually, a large number of those entrants grabbed a Venom seat for far less thanks to tons of step tournaments and satellites hosted by Black Chip Poker and Americas Cardroom in a lead up to Day 1A and thru Day 1C.
Venom II Gets Bigger
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The satellites and step tournaments will also be available for the next Venom that’s set to kick off four months from now. Due to the success of the current $5 million GTD Venom that amassed a $6.3 million prize pool, the second running of Venom will be even larger at $6 million guaranteed.
There will be four Day 1s in the $6 million GTD Venom that starts with Day 1A on Wednesday, November 27 at 11:00 a.m. ET. Here’s the full schedule of Venom #2:
- Day 1A – Wednesday, November 27 @ 11:00 a.m.
- Day 1B – Sunday, December 1 @ 11:00 a.m.
- Day 1C – Wednesday, December 4 @ 9:00 a.m.
- Day 1D – Sunday, December 8 @ 11:00 a.m.
- Day 2 – Monday, December 9 @ 1:00 p.m.
- Day 3 – Tuesday, December 10 @ 1:00 p.m.
- Day 4 – Wednesday, December 11 @ 5:00 p.m.
It wouldn’t be surprising to see the prize pool surpass $7 million considering the turnout at Venom #1. Player traffic tends to increase in the colder months also.
Big Prize Money
But let’s get back to the tournament at hand, the $5 million GTD Venom that will play down to eight players on July 23 before reconvening for the final table at 5:00 p.m. ET on Wednesday, July 24. The chip leader is “GinkgoBiloba” with 129,132,408, and on his heels is “IGotMilkBaby” with a chip stack of 115,427,112.
While that million-dollar first place prize is the goal of all 20 players remaining, even coming close to winning will result in huge scores. Take a look at the payouts reserved for each slot of the final table:
That’s some big-time cash from a $2,650 buy-in. However, the Venom allowed multiple re-entries and the Biggest Stack Option, making it highly likely that at least a few of the final tablists will have invested more than a single buy-in.