Friday, July 01, 2016

What Mitchell Towner Did On His Summer Vacation

I’m kind of chuckling at this result from one of the World Series of Poker bracelet events this week, the so-called “Monster Stack” event that cost $1,500 to play and which attracted a huge field of 6,927.

A fellow named Mitchell Towner won the sucker, collecting a $1,120,196 first prize that will end up being one of the biggest cashes anyone makes all summer at the Rio All-Suites Hotel and Casino.

Towner is an Assistant Professor of Finance at the University of Arizona, which means he hasn’t gotten tenure yet and might have had to dodge teaching during summer session in order to take a Vegas vacation. Towner is a self-admitted amateur; in fact, he said afterwards (as reported by PokerNews), “I really don’t play poker.”

The WSOP’s official report elaborates a bit more on Towner’s story, including his sharing how he only devotes about an hour a week to poker, and had only twice before played events with buy-ins of more than $100.

Gotta love Towner’s Hendon Mob page, listing exactly one cash worth $1,120,196.

I was listening to Remko Rinkema and Donnie Peters chatting about Towner’s win on the PokerNews Podcast, and Remko pointed out how players can safely assume the $1.12 milly Towner won was now gone for good from the poker “economy,” not likely to be put back in play by the 29-year-old teacher.

Indeed, with a Ph.D. in finance, he probably has a good idea how smart it would be to put nearly all of those winnings away, perhaps only to play other small buy-in events here and there during the breaks between semesters.

Am doubly glad to hear of fellow teacher and fellow amateur being the one to tame the “Monster Stack.”

Photo: WSOP.com.

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