Phil Hellmuth is one of poker’s most accomplished players, and also one of its most generous. On February 19th, he’ll host the Hollywood Cares Charity Poker Invitational in Beverly Hills, sharing the emceeing duties with Chris Harrison of The Bachelor and The Bachelorette fame.
In addition, Kim Coates of “Sons of Anarchy” and Dean Norris from the legendary series “Breaking Bad” will co-host the event.
A precursor to the Oscars next Sunday, it’ll be all about the poker on Thursday night.
Before showbiz’s biggest evening of the year hands out its awards, Hollywood Cares will see how much money it can raise to award to two worthy charities: the Wounded Warrior Project and One Heart Source.
“I’m really excited to host a pre-Oscars party, where I think we can raise hundreds of thousands of dollars… Movie stars, high-stakes poker, athletes, and the Oscars. What’s not to love?”Hellmuth says of the charitable affair.
Hellmuth is no stranger to philanthropy. Over the years, the 13-time World Series of Poker champion has been involved with fundraisers that have brought in over $20 million.
Tournament You Can’t Lose
Poker is a game of skill and luck, with each tournament always having its share of winners and losers. But on Thursday night, everyone involved will go home a winner.
Wounded Warrior Project serves vets who were injured while serving in the Armed Forces. Through its extensive programs and fundraising efforts, the organization honors and empowers former service members by aiding in their medical and mental needs.
According to its website, Wounded Warrior Project “takes a holistic approach when serving warriors and their families to nurture the mind and body, and encourage economic empowerment and engagement.”
One Heart Source helps build environments that foster learning in communities stricken with poverty and disease.
From South Africa to Jamaica, the One Heart Source mission reads, “We believe that it is the right of every child to have access to an excellent education that will empower opportunity, choice, and freedom.”
Regardless of how the poker game goes, participants can all go home knowing their contributions will provide much-needed assistance to both organizations.
The Hollywood Cares invitation isn’t extended to only celebs; anyone can attend who has the bankroll for the buy-ins, which comes tiered.
Three buy-in levels are being offered, with the $500 “Small Stack” package providing 2,000 tournament chips. The $1,000 “Big Stack” deal increases your starting stack to 5,000 chips, while the $2,500 “High Roller Stack” gives you a whopping 15,000 chips to begin play with.
Rebuys and add-ons will also be available during the tournament, of course. Even if you don’t choose to play, you can still attend through one of three “Party Go-Er Packages,” ranging from $100 to $2,500.
Competitors won’t be vying for actual money, but the prizes are certainly substantial enough to make a player think twice before calling all-in. The winner will receive a seat in the World Series Main Event, a $10,000-value accolade.