WSOP 2013: Mike "Timex" McDonald's Revolution and Notable Events

Mike "Timex" McDonald, frustrated with high coefficients in the poker backing market, opened a Twitter account @bankoftimex to challenge the status quo. He offered to sell shares in various WSOP tournaments at lower coefficients than other sellers, sparking a mix of reactions from the community. Some, like Ben Lamb, approved of his actions, hoping it would change the market dynamics. Others, such as Max Silver, criticized it as "half-deception."

Phil Ivey, a prominent player, sat out most of a tournament after building a large stack in a previous day's $1,000 tournament. Galen Hall, who had bought shares in Ivey and Scott Seiver for a PLHE tournament, was disappointed but continued his involvement. Hall also inquired about coefficients for other tournaments, and Mike "Timex" McDonald provided the relevant information.

Jason Somerville is filming a mini-series "The Hunt for a Bracelet" about his life in Vegas. He shared a trailer featuring Jason Mercie and Dan O'Brien, highlighting the challenges and excitement of the WSOP. Daniel Negreanu invited PokerNews journalist Lyn Gilmartin to his trailer, offering a glimpse into the player's personal space. Michael Phelps made his WSOP debut in Tournament #2 but did not make the money. Kobe Bryant was invited to play in a tournament in memory of Dr. Bass but declined due to medical reasons. Olivier Busquet criticized the organization of the Millionaire Maker tournament due to long registration lines and non-functional cashiers. Benni Chen won the Millionaire Maker tournament and received $1,199,104.