Hossein Ensan won the the 2019 World Series of Poker Main Event late Tuesday night in Las Vegas, earning himself $10 million and the prestigious bracelet to go with it. The price point was still large, as the world of live poker typically has the bigger buy-ins. There were 5,802 entries at the $5,000 price point, easily surpassing the $25 million guarantee. A prize pool of $27,559,500 was up for grabs, the record tournament pot in online poker's roughly two decade history. The $5,000 buy-in Main Event of the World Series of Poker international series wrapped up on Saturday night with the top 4 finishers all taking home more than $1 million in prize money. World Poker Club. World Poker Club is real poker! It's the perfect blend of Texas Hold 'Em and Omaha mixed with one-of-a-kind features! Show everyone you're a top player!
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Nick Marchington has been sued over his $1.5 million winnings.Source:Twitter
English poker sensation Nick Marchington's $2.2 million World Series of Poker main event final table winnings are the subject of a lawsuit that threatens to tarnish the moment he emerged as a future star.
The 21-year-old's stunning run to finish seventh in the $US80,000,000 tournament at the Rio All-Suite Hotel & Casino in Las Vegas was one of the big stories to emerge from the 8569 entries that started the tournament.
Marchington entered the WSOP Main Event final table with the smallest haul of chips but stayed alive in the early series of hands before finishing seventh, an achievement that came with global media exposure and prize money of $2.2 million.
As a university drop-out that had only taken up gambling professionally less than 12 months before last month's WSOP final, Marchington was particularly big news in the UK, where his humility and cautious approach to the pitfalls of his profession won plenty of admiration.
However, it's now emerged that Marchington's winnings are the subject of a lawsuit from a gambling backing firm that claims to have invested in Marchington's performance at the WSOP final — and is now demanding 10 per cent of the winnings, more than $220,000.
Two partners from gambling backing firm C Biscuit Poker Staking claim Marchington reached out to them asking if they wanted to buy a 10 per stake in his performance at two tournaments, including the WSOP main event final.
The two backers, Colin Hartley and David Yee, reportedly claim in paperwork submitted with the Clark County, Nevada court, that Marchington committed fraud and breached the terms of their contract.
Poker site Pocket Fives reports the complex dispute arose after Marchington sold stakes in his prize money at small mark-ups of 1.1 and 1.2 before attempting to back-out and re-sell the same investment opportunities at a higher mark-up of 1.7
Nick Marchington has been sued over his $1.5 million winnings.Source:Twitter
Marchington is accused of texting the two men 'We are booked. Lets get rich,' surrounding their wages in events outside of the main event final.
Marchington claims the offered 1.2 mark-up on the two individual payments of $600 each from the C Biscuit backers were then rescinded when both parties agreed to allow Marchington to refund the two investments alongside other stakes placed in his performance in other tournaments.
However Marchington was unable to refund the stakes immediately, claiming to be cash poor because of his expensive trip to Las Vegas for the main event final.
Having suggested he was pulling out of the main event and wanting to cancel his agreement with Hartley and Yee, Marchington is then accused of asking the pair to place another investment in his performance at the higher mark-up of 1.7.
However, with Marchington accused of refusing to clarify if the original $600 wagers had been cancelled, the two parties are now heading to court to settle if the original $600 wagers had ever been cancelled.
As reported by Flushdraw, one of the backers texted Marchington trying to try to strong-arm him into accepting that a deal remained in place.
Hossein Ensan after winning the World Series of Poker main event.Source:AP
The text also alleges that the deal remained in place because Marchington failed to refund the pair's money until after the main event final had begun.
'Hey Nick, highly disappointed with this result and this is not normal by the poker community standards,' the text message claims.
Many dream of winning the lottery, but there are several methods that individuals have used in order to win. Is it coincidence or a method to the madness?..
Many dream of winning the lottery, but there are several methods that individuals have used in order to win. Voodoo dreams casino review. Is it coincidence or a method to the madness?
Nick Marchington has been sued over his $1.5 million winnings.Source:Twitter
English poker sensation Nick Marchington's $2.2 million World Series of Poker main event final table winnings are the subject of a lawsuit that threatens to tarnish the moment he emerged as a future star.
The 21-year-old's stunning run to finish seventh in the $US80,000,000 tournament at the Rio All-Suite Hotel & Casino in Las Vegas was one of the big stories to emerge from the 8569 entries that started the tournament.
Marchington entered the WSOP Main Event final table with the smallest haul of chips but stayed alive in the early series of hands before finishing seventh, an achievement that came with global media exposure and prize money of $2.2 million.
As a university drop-out that had only taken up gambling professionally less than 12 months before last month's WSOP final, Marchington was particularly big news in the UK, where his humility and cautious approach to the pitfalls of his profession won plenty of admiration.
However, it's now emerged that Marchington's winnings are the subject of a lawsuit from a gambling backing firm that claims to have invested in Marchington's performance at the WSOP final — and is now demanding 10 per cent of the winnings, more than $220,000.
Two partners from gambling backing firm C Biscuit Poker Staking claim Marchington reached out to them asking if they wanted to buy a 10 per stake in his performance at two tournaments, including the WSOP main event final.
The two backers, Colin Hartley and David Yee, reportedly claim in paperwork submitted with the Clark County, Nevada court, that Marchington committed fraud and breached the terms of their contract.
Poker site Pocket Fives reports the complex dispute arose after Marchington sold stakes in his prize money at small mark-ups of 1.1 and 1.2 before attempting to back-out and re-sell the same investment opportunities at a higher mark-up of 1.7
Nick Marchington has been sued over his $1.5 million winnings.Source:Twitter
Marchington is accused of texting the two men 'We are booked. Lets get rich,' surrounding their wages in events outside of the main event final.
Marchington claims the offered 1.2 mark-up on the two individual payments of $600 each from the C Biscuit backers were then rescinded when both parties agreed to allow Marchington to refund the two investments alongside other stakes placed in his performance in other tournaments.
However Marchington was unable to refund the stakes immediately, claiming to be cash poor because of his expensive trip to Las Vegas for the main event final.
Having suggested he was pulling out of the main event and wanting to cancel his agreement with Hartley and Yee, Marchington is then accused of asking the pair to place another investment in his performance at the higher mark-up of 1.7.
However, with Marchington accused of refusing to clarify if the original $600 wagers had been cancelled, the two parties are now heading to court to settle if the original $600 wagers had ever been cancelled.
As reported by Flushdraw, one of the backers texted Marchington trying to try to strong-arm him into accepting that a deal remained in place.
Hossein Ensan after winning the World Series of Poker main event.Source:AP
The text also alleges that the deal remained in place because Marchington failed to refund the pair's money until after the main event final had begun.
'Hey Nick, highly disappointed with this result and this is not normal by the poker community standards,' the text message claims.
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'We've talked to several backers and they said that once action is booked and money is delivered, it's something that should be upheld. players can't simply book action as a placeholder and then shop around for better rates.'
Marchington is alleged to have responded by suggesting the partnership agreement had been cancelled because Marchington found a backing offer with more favourable terms.
'I am playing the main event but unfortunately your piece is cancelled,' he reportedly texted. 'I know this is bad practice but I have to do what's best for myself since I lost a lot on the trip.'
After Marchington rode his luck all the way to the final table, Hartley and Yee engaged lawyers to stake their claim in the huge prize money pool.
After seeing Marchington finish with prize money of $US1.5 million, the pair sued the former computer sciences student for more than $US150,000.
Marchington has since taken to social media to explain his version of the deal clouded in mystery.
Very frustrating that I can't comment on other aspects of the case / information out there. I believe in my case & in the legal system ✌️
— Nick Marchington (@NickMarchington) August 3, 2019However, he has since been slapped with a legal demand by the state of Nevada that prohibits him from cashing out his winnings until the dispute is resolves in court.
Hartley and Yee are also suing Marchington for the legal fees they will incur fighting the matter.
Despite the storm surrounding the dispute, Marchington has been celebrating since the event finished on July 17.
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He claimed at the time he had enough money to support his entries and was careful with the money he invested in the different tournaments.
'I had built up a sufficient bankroll playing online and in tournaments that I could afford to come out to Las Vegas for the main event,' he told Sky News.
'It's the most prestigious tournament in the world. It was a no-brainer as I had the money.'
