Chamath Palihapitiya floated the thought of beginning a novel high-limit poker event circuit that might prohibit gamers from sporting facemasks or utilizing leisure medication.
The billionaire entrepreneur who’s shut mates with Phil Hellmuth tweeted out some basic particulars about his proposed poker tour. He requested his followers to share their ideas on what would definitely turn into an intriguing enterprise.
Does Poker Want Such a Tour?
Palihapitiya, founder and CEO of Social Capital, was an early Fb govt. The Silicon Valley enterprise capitalist is not simply searching for a brand new approach to make a buck. He is an avid poker participant who has competed on poker exhibits comparable to High Stakes Poker and Hustler On line casino Reside, and performs in Hellmuth’s personal video games. However the query is, will the poker group love the thought?
The proposed high-limit tournaments would require that gamers cross a drug take a look at, and that features performance-enhancing medication comparable to Ritalin and Adderall. Moreover, the circuit wouldn’t enable gamers to put on facemasks or sun shades on the desk. Hellmuth has, on a number of events, pushed for a facemask ban.
Palihapitiya then stated his tournaments would have “affordable hours and codecs” to cater to those that do not need to play a “turbo shove-fest” but additionally do not need to play grueling hours. Hellmuth made headlines on Tuesday when he stated he can be skipping the 2025 World Series of Poker (WSOP) Main Event as a result of event’s prolonged construction.
Hellmuth’s footprints are all around the potential new high-stakes tour. Palihapitiya did not point out the particular buy-ins or places for the tour. However he did say that the payouts could be within the tens of millions and the video games would happen in the US.
The billionaire could be competing towards the PokerGO Tour within the US all year long, and the WSOP throughout the summer time. Triton Poker, a non-US tour, additionally hosts among the largest buy-in poker tournaments on the planet and can present stiff competitors for gamers.
Palihapitiya’s proposal has already generated some curiosity on social media, together with from some prime execs comparable to Shaun Deeb who wrote: “If you happen to’re critical about this I can assist you get to know the folks want to rent to run it.” Daniel Negreanu gave the California resident some recommendation.
“Keep away from California and the 7% tax it makes excessive stakes tourneys unattainable. However I assume you already knew that.” Negreanu tweeted.
Medication are out — together with mushrooms and marijuana — however alcohol, per Palihapitiya’s response to at least one commenter, can be permitted. Now the poker group can sit again and wait to see if he follows by way of and launches one of the vital distinctive poker circuits ever.
PokerNews interviewed Palihapitiya on the 2023 WSOP as he performed within the $100,000 Excessive Curler. It was his first WSOP look in over a decade.
Trending Merchandise
