2010 WSOP Update: Jamie Gold Eliminated First Day

Written by:
Ace King
Published on:
2010 WSOP Update Jamie Gold

The biggest World Series of Poker (WSOP) main event cash winner ever, Jamie Gold, is already out of this year's WSOP.  It only took a matter of hours.

In 2006, Gold won a whopping $12 million and some change.

Gold's win did not come without controversy.  In fact, it took some time to receive his funds.

From Wikipedia:

Just prior to the 2006 WSOP, Bodog.com Entertainment and Gold entered into a business relationship when Gold agreed to find celebrities willing to play in the main event under the Bodog banner in exchange for a paid entry into the main event. Gold partnered with Crispin Leyser to help with this task in exchange for half of Gold's winnings, according to Leyser. After Gold won, Leyser says that Gold reneged on the deal and had decided to keep the entire $12 million prize. Leyser sued Gold on August 22, 2006 which resulted in Chief U.S. District Court Judge Kathy Hardcastle issuing a restraining order which prevented Gold from collecting $6 million of his winnings from Rio Hotel and Casino before the first hearing of the lawsuit on December 1, 2006. At the December court hearing, U.S. District Court Judge Roger L. Hunt rejected a motion by Gold's lawyers to lift the restraining order on the $6 million and ordered the frozen funds be moved into an interest-bearing account, saying that the "likelihood to prevail" lay with Leyser. Gold did a radio interview on Rounders the Poker Show following his Main Event win where he mentioned his deal with Leyser. It was later entered into evidence for the lawsuit. On February 6, 2007, Leyser and Gold released a joint statement stating they had settled the matter outside of court.  The amount of the settlement was not disclosed.

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Ace King, Gambling911.com