Canada's Kirk Caldwell Turns $150 into $688,000 at the WSOP

Caldwell is the eighth bracelet winner this summer without a previous WSOP cash.

Starting with a $150 mini-satellite at his home game in Orangeville, Ontario Kirk Caldwell is taking home $668,276 and his first gold bracelet from the World Series of Poker.

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.