David Einhorn founded and manages a hedge fund with billions of dollars worth of assets under management, and is himself reportedly a billionaire, but that won’t take much of the sting away from the $500,000 cooler he experienced in the Bahamas.
The occasional high-stakes participant sat down to battle it out in the Triton Million event at the World Series of Poker Paradise festival, but was eliminated on the first hand of the $500,000 tournament, which features the biggest buy-in of the year.
The event kicked off on Saturday, Dec. 7 at Atlantis Paradise Island Bahamas. The tournament features pairings of amateur and professional players who collectively put up $1,000,000, with early action split into two fields. Einhorn was in the amateur section, with an initial starting stack of 1,000,000 and blinds of 2,000-3,000 with a big blind ante of 3,000.
Sinan Unlu opened to 7,000 and was three-bet by Jared Bleznick, a former poker pro turned sports card business owner. Bleznick, fresh off a clean sweep over Patrik Anotnius in PokerGo’s High Stakes Duel 5, made it 25,000 to go with A
A
, prompting Einhorn to four-bet to 77,000 out of the big blind with A
K.
Bleznick five-bet to 225,000 and Einhorn shoved for the full 1,000,000. Bleznick quickly called with his pocket aces and the board ran out K828
7 to see Einhorn eliminated just minutes into the tournament.
Bleznick, a WSOP bracelet winner and the champion of the 2023 Super High Roller Bowl Pot-Limit Omaha event, jumped out to an early chip lead in the event while Einhorn hit the rail. This event allows for a single re-entry, with late registration open up until the start of Sunday’s day 2.
Several hours after being knocked out, Einhorn had not yet availed himself of his option to buy into this event again. The 56-year-old has nearly $5.3 million in poker tournament cashes to his name, but has not made the money in a live event in over five years now.
His largest score came when he finished third in the first-ever $1 million buy-in poker tournament back in 2012. He earned over $4.3 million for that deep run in the inaugural Big One For One Drop, and donated all of it to an education nonprofit organization.
FIRST Triton MILLION Bust Out!
David Einhorn 6-bet All in with AK, and Jared Bleznick snap called. Einhorn was shown the bad news running into Jared’s A A.
The board ran out clean A A> AKfor the first Triton Millions player felled.
Check out…
— Triton Poker (@tritonpoker) December 7, 2024
This tournament is one of 15 bracelet events playing out at the WSOP Paradise from Dec. 6-19, with $68.5 million in guaranteed prize money to be paid out along the way. There are plenty of high stakes affairs on the schedule, including $100,000 and $50,000 buy-ins in both no-limit hold’em and pot-limit Omaha, as well as a $25,000 buy-in dealer’s choice event and the $25,000 buy-in $50,000,000 guaranteed ‘super main event’.