Caldwell, an amateur poker player who sells auto parts by day, defeated a massive field of 2,828 and became the fourth Canadian bracelet winner at the 2011 WSOP.
“This win means the world to me,” Caldwell told PokerListings.com in Las Vegas.
“I’ve accomplished a feat that so many people try for but it was definitely a hard road,” he said.
When a few members of Caldwell’s home game decided to travel to the World Series of Poker, the rest of the group decided to organize a satellite for those who couldn’t otherwise afford the buy-in and travel costs.
They each put up $150 and pledged 15% of the winner’s equity to those who participated in the satellite.
That 15% is now worth over $100,000.
Caldwell defeated a final table that included three other Canadians. Canada is now second in total bracelets behind the US.
Caldwell is the eighth bracelet winner this summer with zero previous WSOP results. A purely recreational player, Caldwell told us his only poker experience is the home game he’s played in for the last three years.