Nick Petrangelo Takes Home The Top Prize In Australian Poker Tournament

Playing poker at the professional level is an incredibly high-stakes way to make a living. The field has a penchant for being very cut throat. It requires persistence, the resources to enter multiple poker tournaments to compete for prize money and a knack for understanding probability and making strategic calculations to move from one event to the next.

Even though there is so much risk associated with playing poker the risks are what, for many people, make the game an exhilarating way to pass the time and earn income. The ability to lose everything you have put into the game or win more money than you have ever imagined is what seems to keep many players coming back.

In January of 2017 several poker players got to experience the thrill that comes with winning a poker tournament. January marked the Aussie Millions Poker Championship at the Crown Casino in Melbourne Australia. One of the championship events that took place at Crown Casino was the 2017 Aussie Millions ANTON Jewellery $100,000 challenge.

The event drew a wide range of poker players like German competitor Steffen Sontheimer, Mike Watson, award-winning player David Peters, Fedor Holz and American player Nick Petrangelo. The men were part of a group of eighteen poker players that chose to enter the two-day event. In the end, the tournament proved to be a riveting one.

David Peters, a competitor that received the accolade of being named GPI Player of the Year in 2016 ended up losing to Mike Watson. Steffen Sontheimer also ended up being sent home by Mike Watson. According to reports, the tournament was chiseled to down to a playing field that consisted of a handful of remaining players.These players included Mike Watson, Nick Petrangelo and Feder Holz. Things ended up in a showdown between Petrangelo and Watson.

Eventually, Petrangelo’s prowess gave him an edge and ended up landing him a victory over Watson and the bragging rights as winner of the 2017 Aussie Millions ANTON Jewellery $100,000 challenge event. By any estimation, Petrangelo ended up taking home a killing. The prize money that he took home for his victory was nearly $1 million or $882,000. According to a report when converted to American currency Petrangelo’s prize equated to $665,734. In addition to winning the prize money Petrangelo was also awarded a ring from ANTON jewelry for his win.

In a 2017 ranking of poker players, Petrangelo’s win in Melbourne ended up catapulting him to second place on the list just under fellow American Christian Harder. Petrangelo’s competitors Feder Holz and Mike Watson did not walk away from the tournament empty handed. Making it to the final rounds ended up earning both players cash prizes between $300,000 and more than $500,000.