High Roller ‘Texas Mike’ Loses Nearly $2 Million in Single Hand at Million Dollar Game

Michael “Texas Mike” Moncek, a well-known high roller, faced a significant loss during the highly anticipated Million Dollar Game, streamed live as part of the World Series of Poker (WSOP) by Hustler Casino Live. Moncek found himself on the wrong side of a nearly $2 million pot after agreeing to run it only once in a crucial hand against Eric Wasserson.

The hand, which unfolded in a straddled pot, began with Chang Lee holding Jack and calling $14,000 from the big blind with J♦ 9♣. Moncek, acting as the first straddler, raised the bet to $92,000 with A♣ K♠. Wasserson then three-bet to $240,000 holding Q♠ Q♦. After Lee folded, Moncek, aiming to gamble, moved all-in for his entire stack of $948,000. Wasserson quickly called, and the players agreed to run the board out just once for the massive pot of $1,933,000.

Por que importa

The board dealt was 5♦ 10♣ 2♣ 9♠ 9♦. This runout resulted in Wasserson winning the entire pot with his pair of queens, while Moncek’s ace-high failed to improve. Despite the substantial loss, Moncek reportedly bought back into the game.

The Million Dollar Game is known for attracting prominent figures in the poker world and features exceptionally high stakes. The stream, organized by Hustler Casino Live, provides a platform for viewers to witness big-name players compete in high-stakes cash games, often alongside major poker tournaments like the WSOP.

Contexto

Key facts
| Player | Hand Outcome | Pot Size | Opponent |
|—————–|——————–|————-|—————-|
| Texas Mike | Lost | $1,933,000 | Eric Wasserson |
| Texas Mike | Pocket Queens (Q♠ Q♦) | Won | Texas Mike |
| Texas Mike | Ace-King (A♣ K♠) | Lost | Eric Wasserson |

The incident involving “Texas Mike” highlights the inherent volatility and immense swings possible in high-stakes poker. Such hands, while dramatic, are a regular feature of these exclusive games where players are willing to risk significant sums for the chance at even larger rewards. The decision to run it once in a pot of this magnitude underscores Moncek’s aggressive playing style and his commitment to high-stakes action.

The broader context of the Million Dollar Game at the WSOP involves other notable players and hands. At the time of this hand, Santhosh Suvarna was reported to be down $1 million after losing a significant pot to Alan Keating. Martin Kabrhel, another late entrant, was also present, engaging in table talk that included teasing Wasserson. Kabrhel later played a hand against Moncek, where Moncek managed to win an $855,000 pot with trips against Kabrhel’s top pair, helping him recoup some of his earlier losses.

This event is particularly relevant to PlayVideoPoker readers who follow high-stakes poker action and the strategic decisions involved in major live-streamed games. Understanding how even experienced players can face such substantial swings provides insight into the risks and rewards of professional poker.

Source: PokerNews – ‘Texas Mike’ Wants to Gamble, Runs it Once for a $1.9 Million Pot (https://www.pokernews.com/news/2026/06/texas-mike-loses-massive-poker-hand-51529.htm?utm_medium=feed&utm_campaign=homefeed&utm_source=rss)

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