The Birmingham native told PokerListings that he will once again play the $1-million Big One for One Drop poker tournament at the WSOP in Las Vegas this summer.
“I’m very much looking forward to playing again,” he said. “I think I’ll be much more prepared this time.”
Newey lost $1 million dollars in the inaugural Big One for One Drop in 2012. Newey admitted he was fairly new to tournament poker at the time.
“It was the first ever, proper tournament I ever played,” explained Newey.
“I didn’t rate my chances very highly but I wanted to be a part of history. As it happened I finished in the middle of the field so it wasn’t too bad.”
Newey Playing More Tournament Poker Than Ever
Paul Newey in the original One Drop.
Newey believes he’s gotten much better at the game over the last couple years and he’s getting closer and closer to making his first final table.
After three consecutive 12th place finishes in High Rollers events, Newey finished on the bubble in the PokerStars Caribbean Adventure $100k Super High Roller yesterday.
“I hope that I’m due to make the money,” he said. “The money is secondary to me but obviously it would be nice to win.”
Newey is hardly hurting for cash. He sold his firm Ocean Finance for £200 million in 2006. These days Newey is playing more poker than ever and loving it.
“I enjoy it,” he said. “It’s the challenge really. You’re playing the best players out there. I also like the traveling. I was cooped up in an office working 9-5 for years.”
The second $1-million Big One for One Drop is scheduled to take place this summer at the Rio All-Suites Hotel in Las Vegas during the WSOP.
The cap has been raised to 56 players, which means it will likely become the richest tournament ever played.
In 2012 professional poker player Antonio Esfandiari took down $18 million for winning the first Big One for One Drop.