Jesse Lonis Agrees to $1 Million Bet on Himself to Win WSOP Main Event with Fellow Poker Player

Poker player Jesse Lonis agreed to bet $2,000 with fellow player Mikita Badziakouski that Lonis will win the World Series of Poker Main Event. Badziakouski offered +50,000 odds, so if Lonis does prevail, he’ll collect $1 million from the wager.

Ziv Chen - News Editor at Covers.com
Ziv Chen • News Editor
Jul 8, 2025 • 16:38 ET • 4 min read
Photo By - Imagn Images.

Poker player Jesse Lonis agreed to wager $2,000 with fellow poker player Mikita Badziakouski that Lonis will win the World Series of Poker Main Event.

Badziakouski offered +50,000 odds, so if Lonis does prevail in the competition, he’ll get $1 million from the bet. Lonis is the reigning GPI Player of the Year. 

Key takeaways

  • Poker player Jesse Lonis placed a $2,000 bet with a fellow poker player on Lonis to win the WSOP Main Event.
  • If he wins, he'll collect a $1 million payout after agreeing to +50,000 odds on his success.
  • The WSOP Main Event is the third largest in history, although it fell short of 10,000 entries for the first time in three years.

The WSOP Main Event 2025 features a $90,535,500 prize pool, with 1,461 finishers walking away with a cash prize. The event winner earns $10 million and a WSOP bracelet. Second place takes away $6 million, while any player on the final table earns a minimum $1 million.

Attendance for the WSOP Main Event dipped compared to the record-breaking number of entries in 2024, when 10,112 people joined the competition. In 2025, 9,735 players registered for the tournament, the first time attendance fell below 10,000 in three years.

Still, the attendance number is the third highest in WSOP history and is still above the record 8,773 set in 2006, broken in 2023 when the competition reached 10,000.

Lonis is still in the event, finishing Day 2 with 133,400 in chips. The final table will be played at Horseshoe Las Vegas on July 15. 

Vegas events still attract attendance despite drops in 2025

The WSOP Main Event is back on the Las Vegas Strip, and even with lower attendance than previous competitions, it still attracted many people. This continues a trend of conflicting data about Vegas' appeal and ability to draw tourists.

Las Vegas casinos suffered a poor start to 2025, their worst since March 2021, during the height of the COVID-19 pandemic. Operators blamed lower visitor numbers. The Las Vegas Convention and Visitors Authority reported a 7.8% year-on-year visitor decline in March.

However, March Madness caused a tourism boom in Sin City, building up into and peaking in April. Other events, such as the Formula 1 Las Vegas Grand Prix, generated $934 million in economic impact in Southern Nevada.

The WSOP Main Event numbers show strong interest in Las Vegas as a centerpiece of gambling events. 

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Ziv Chen
News Editor

Ziv has been deep in the iGaming trenches for over 20 years, long before most people could spell "geolocation compliance." With a background in marketing and business development at some of the biggest names in gambling tech, Ziv knows the industry from the inside out. Since joining Covers, he's turned his sharp eye (and sharper keyboard) toward everything happening in the fast-moving world of online gambling. Whether it's new state launches, the latest twists in regulation, or what the big operators and game providers are cooking up next, Ziv breaks it all down with clarity, context, and just the right amount of snark. He covers the business side of betting, from affiliate trends and revenue reports to the tech powering your favorite slots. His motto in writing is “let’s make it make sense without putting you to sleep.”

When he’s not tracking gambling legislation or looking for the next breaking story, Ziv is living and dying with every pitch and play from his beloved Pittsburgh Steelers, Pirates, and Penguins. As a Pitt graduate, it’s a city loyalty forged in heartbreak, but one he wouldn’t trade for anything, except maybe a few more playoff wins.

When away from the keyboard, Ziv loves to hit the road and soak up the energy of casinos. Whether strolling the neon jungle called the Vegas Strip, or wandering into a smoky riverboat casino in the Midwest, Ziv’s in his element. He’s the guy chatting with players, blackjack dealers, and asking pit bosses way too many questions, all in the name of “research,” of course. The casino floor isn’t just his workplace, it’s a weird and wonderful ecosystem of flashing lights, wild characters, and pure sensory overload, and he wouldn’t have it any other way.

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