A Poker Player Turned A $109 Satellite Ticket Into A $620,000 Score, Good For A 568,707% ROI
The absolute dream. Charlie Godwin turned a $109 satellite ticket into a $1,050 ticket...and then won that satellite into the fucking $102,000 super high roller! Nobody plays super high-rollers. Like, you have to be the richest of the rich to play them. But she satellited in starting at $109, which is the dream. You can then try to sell action for the $102,000 tournament, meaning people buy a % of you for the same % of your potential winnings. So say she sold 20% of her action, even if she was the first player to bust she would pocket a cool $20,400.
But that's not what happened at all.
She ended up final tabling, and then hitting a miracle ace on the river to survive being the bubble boy
The very next hand the bubble burst, meaning she would at least min-cash for $229,600.
But it didn't end there. She doubled up a few times, and ended up finishing in 3rd place for a smooth $620,000.
All from a $109 ticket. It is hard to get better than that.
I love stories like this. Much better than my "played the Main Event, was the day 2 chip leader, and ended up busting 100 from the money". There is literally 1 hand that if I could just never have played, if I just folded preflop, I would have easily made the money. Not that I think about it ALL THE TIME or anything. Tournament poker: it's only a punt if they don't fold.
Make sure to check out the newest episode of Cracking Aces, the award winning poker podcast. This week we do some scammer talk, some Fossil Man chatter, and discuss if you should drop out of med school to play poker professionally. It's a pretty good episode, hope you take a listen.