Skip navigation
Site powered by
Latest news:
msnbc.com: Top msnbc.com headlines: Mystery disease claims thousands in Central America

Student ends spring break $1 million richer

New poker millionaire, 22, wins tournament during Caribbean cruise

ST. PAUL, Minn. - Newly minted poker millionaire Mike Schneider has one regret about how he spent his spring break: He didn’t get to see much of the Caribbean.

But Schneider has a million other reasons to be happy. The 22-year-old University of Minnesota student won $1 million in a high-stakes Limit Hold’em poker tournament on a Caribbean cruise last Friday.

Instead of exploring the Cayman Islands with the other passengers during the eight-day cruise, Schneider holed up on board, slept in and relaxed in the sun so he would be in good form for the nail-biting tournament, which lasted five to eight hours a day.

“I can take another vacation now to make up for it,” Schneider said Wednesday, when he was back in class working on his journalism degree.

The soft-spoken student from Eagan has been playing poker professionally for a couple of years, but he took the cruise with a group of buddies to relax — not play. He ended up borrowing some of the $10,500 he needed to buy into the PartyPoker.com Million V tournament.

In just his second high-stakes tournament, he became the youngest player ever to win the PartyPoker.com event when his queen-10 combination beat the jack-6 hand held by veteran Kenna James. Schneider wore mirrored sunglasses and a baseball cap turned backward.

The eight-day cruise went from Fort Lauderdale, Fla., to Jamaica and the Cayman Islands and back. Some 528 players entered the tournament to compete for $5.28 million in prizes. It’s the world’s biggest Limit Hold’em tournament, according to the PartyPoker.com Web site.

Most champion poker players don’t bring along a posse of friends to root for them — but Schneider traveled with 15 of them. As he advanced in a shrinking pool of players, they stood on chairs and cheered like he was a sports team.

Slideshow
Image: Snee, 8, son of New York Giants player Chris Snee and head coach Coughlin's grandson plays in the confetti after the New York Giants defeated the New England Patriots in the NFL Super Bowl XLVI football game in Indianapolis
  The Week in Sports Pictures
The Giants on top of the football world, getting ready for the London Olympics and more.

more photos

When he won the final game, they erupted.

“He was absolutely blown away by winning,” said Warren Lush, a spokesman for PartyGaming.com, the parent company of PartyPoker.com.

Schneider expects to net about $600,000 after taxes. A cut will go to the eight friends who fronted money for him to play. He said he plans to use some money for now and put the rest in savings until he decides where to invest it.

© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

advertisement
More news
Image: Pekingese Palacegarden Malachy trots in ring at the 135th Westminster Kennel Club Dog Show in New York
Reuters
Pekingese favored to be top dog

Robins: It’s the Year of the Dragon on the Lunar calendar, and this Chinese influence could extend to it also being the year of the Pekingese on the green carpet at the 136th Westminster Dog Show on Tuesday.

NY cable dispute blacks out Knicks, 4 NHL teams

NEW YORK (AP) - As the glow fades from the Giants' Super Bowl triumph, some New York sports fans are tuning in to basketball and hockey, with the Rangers in first place and the Knicks' overnight sensation, Jeremy Lin, sparking "Lin-sanity.''

Image:
AP
Six new breeds will join show at Westminster

Robins: This year, six new breeds will be making their debut on the green carpet for the Westminster Dog Show, which begins Monday.

Slide show
Image: Snee, 8, son of New York Giants player Chris Snee and head coach Coughlin's grandson plays in the confetti after the New York Giants defeated the New England Patriots in the NFL Super Bowl XLVI football game in Indianapolis
  The Week in Sports Pictures
The Giants on top of the football world, getting ready for the London Olympics and more.

more photos

Slideshow
Boston Celtics v Indiana Pacers
  Who's hot on Twitter?
Check out which of your favorite athletes have the best pages and most followers!

NBCSports.com

Special feature
"American Woman: Fashioning A National Identity" Met Gala - Arrivals
When athletes and celebs get together
A look at the many links between sports and Hollywood stars.

NBCSports.com

Slideshow
Image: To match Special Report CAMPAIGN/ROMNEY-OLYMPICS
  Presidential candidates and sports
How do President Obama and his Republican rivals stack up when it comes to their sports backgrounds?