The World Series of Poker (WSOP) 2016 edition will once again take place at the Rio Casino in Las Vegas. The biggest event on the global poker circuit is expected to start on May 31 and run for fifty consecutive days and wind up on July 18.
The top poker pros from all over the world are expected to attend the WSOP 2016 in an attempt to win a prestigious WSOP bracelet and take a shot at the Main Event. The WSOP 2016 has a number of exciting events and huge amounts of cash being given away making it an attractive proposition for poker players who gamble for a living.
However the buy-in for most of the events with big pay-outs cost a lot of money and many poker players look for financial sponsors who are willing to stake them and help them buy-in at these events. In return, they get a cut of the player’s winnings, should they go on to win. If they end up losing, then these financial backers have to be willing to take the hit.
Poker pro Mike Matusow is a well known poker pro on the circuit and has won more than $9 million in prize money based on the Hendon Mob. Matusow is no stranger to the WSOP and has won four bracelets during his career so far but he struggled over the last couple of years on the poker circuit. His last big win was back in 2013 when he won the $ 20,000 No Limit Hold’em – Heads Up main event at the NBC Heads-Up Championship in Las Vegas and took home $750,000.
Since then Matusow has not won anything significant and is one of the reasons why he is looking out for financial sponsors to stake him and help him buy-in to as many events as possible at the 2016 WSOP.
Matusow put out a couple of tweets on May 17 which said “Any and all rich friends interested in staking me for wsop direct message me and let me how much your interested (healthy and hungry)#focus And for all doubters I’ll last longer or cross book any tourney we both play together #confident”
There are some poker players who have the finances but prefer not to gamble with their own money and hence are willing to share their profits if a financial backer is willing to help them buy-in. It is not clear if Matusow is following this strategy or if he is financially strapped for cash.