2008 WSOP Final Table Just Hours Away!
We are hours away from the legendary call to "Shuffle Up and Deal!" The call to begin play after the longest layoff in WSOP history should come at approximately 10:20 AM PST Sunday morning. The November Nine will look at the hole cards and the battle will begin for the top prize in all of poker, the World Championship of Poker. Along with the title the winner will receive $9,152,416 in cash and the fabled WSOP Championship Bracelet.
For the web's best updates live from the final table in the Penn & Teller Theater click here for Dr. Pauly's Blog Tao of Poker. Another good source of quick information is available at PokerNews Live Reporting. You'll also get Flipchip photos of the action. For the best in Final Table Recaps this is as far as you need to go. Dr. Pauly will keep you up to date on all the action on and off the final table in his special style you've come to favor and of course there will be plenty of Flipchip's in-your-face images from the event.
Watch the final table in the fastest turn around ever for a WSOP event on Tuesday, November 11th, at 9-11 PM ET. Within hours, almost live, of the final river hitting the board ESPN will bring you two hours of final table play leading to the crowning of the 2008 World Series of Poker's wortld poker player champion. Don't miss a minute of this highly anticipated finale.
For those wanting a refresher and a player guide to the 2008 WSOP Final Table check out our 2008 WSOP Final Table Nine Guide
Need more good stuff to read from the WSOP then click for Dr. Pauly's latest WSOP final table post and comment.
Can't get enough of WSOP poker? Use the following links for easy access to Dr.Pauly's daily Recaps of the WSOP Main Event.
Main Event Day 3 Recap
Main Event Day 4 Recap
A table of the updated final table prize payouts are available after the jump.
On July 15, 2008 the nine remaining players were each paid ninth place prize money ($900,670) from the initial $32,633,446 that was slotted for the first nine places in the tournament. The remaining amount ($24,527,416) for spots 1-8 were placed in an interest-bearing account. That $24,527,416 accrued $98,179 in interest, which when added to the prize pool will pay out the following:
1st Place $9,152,416
2nd Place $5,809,595
3rd Place $4,517,773
4th Place $3,774,974
5th Place $3,096,768
6th Place $2,418,562
7th Place $1,772,650
8th Place $1,288,217
Total $24,527,416
• + $8,106,030 paid out already (9 places x $900,670)
• Updated Total Prize Pool for this Final Table = $32,731,625
• Updated Total Prize Pool for 2008 WSOP Main Event = $64,431,779
Computing the Math
Below shows the original figures and the added dollar amounts and interest percentages to achieve the above revised payouts.
Place - Original Amount - Added Interes - Percentage
1st Place $9,119,517 $32,899 33.51%
2nd Place $5,790,024 $19,571 19.93%
3rd Place $4,503,352 $14,421 14.69%
4th Place $3,763,515 $11,459 11.67%
5th Place $3,088,012 $8,756 8.92%
6th Place $2,412,510 $6,052 6.16%
7th Place $1,769,174 $3,476 3.54%
8th Place $1,286,672 $1,545 1.57%
9th Place $900,670 $0 0%
Worth Noting
• Since each of the nine players received ninth place money, the person who finishes in ninth place will receive no additional cash.
• The top eight spots (whose leftover money comprised the amount garnering interest) will share the $98,179 interest in a sliding scale based on their slotted share.
• The Main Event paid out 666 places and each of those places was slotted a percentage of the prize pool totaling 100%. When redistributing the interest, 658 of the 666 slots were removed, with the percentages redistributed amongst the top eight places in an sliding scale percentage consistent with the original payout structure.
• The $24,527,416 was put into the Fidelity Institutional Money Market Fund - Treasury Only Portfolio on July 14, 2008 and removed on Wednesday, November 5, 2008. It was a variable interest rate investment, currently returning 0.9%.
