Phil Hellmuth turned down Free $111k WSOP One Drop Entry

by Jeremy Olson

Last year was definitely a magical one for Phil Hellmuth as he cashed in 10 events throughout the 2012 WSOP and WSOPE events. More importantly, he won two gold bracelets, including a victory in the WSOPE Main Event ($1,333,841).

The 2013 WSOP hasn’t brought the same amount of success for Hellmuth since he’s managed just three small cashes, with the best of these being an eighth place effort in a $10k Heads-Up NL Hold’em tourney ($54,024). Seeing as how this hasn’t been his most successful year, Hellmuth admitted that he “wasn’t feeling” the $111,111 buy-in WSOP One Drop tournament.

Anthony Gregg went on to win this event along with a $4.83 million top prize. But it seems like Hellmuth can’t help but feeling like he might have had a shot at this huge payout. He recently spoke about his decision to skip the One Drop with PokerNews.

“That was a silly decision, I should’ve played the One Drop,” said Hellmuth. “Yea silly decision. I was basically offered a freeroll and I said ‘no.’ What are you thinking Phil? Take the freeroll because you never know when you’re going to wake up.

“I’ve won 12 bracelets in Hold’em…I don’t know what I was thinking. Especially when you get a deep, deep, deep field like this. I mean, we have a ton of chips, you can really try any style. And after finishing fourth in the Big One for One Drop, it was a silly decision.”

Hellmuth went on to say that he was being stubborn and didn’t want to bow to peer pressure. To many players, passing up an opportunity to get staked for a full 100% of the $111,111 buy-in is definitely strange. But when you’ve won 13 gold bracelets and $17,947,106 in live tournament winnings, it’s not quite as big of a deal.