The CEO of the USA-friendly Winning Poker Network (WPN), Phil Nagy, has shown some solid poker skills cashing in 4 out of 5 Live Cage events in 2018.
WPN is home to Americas Cardroom and Black Chip Poker and remains one of the most popular online poker networks available to US players. The fact that the CEO mixes it up with his loyal players at live events is seen by some as a possible conflict of interest, while others view Nagy’s participation as a good opportunity for players to perhaps have some input on what might be done to improve the poker-playing experience at ACR and BCP.
The handful of Live Cage events last year were all held in Costa Rica. The action is sort of a ring game and tournament hybrid, as it’s played as a cash game with a time limit.
Live Cage Details
The Live Cage is structured as 2-day event totaling 6 hours each day. Players begin with 5,000 in tournament chips that equal $5,000 in cash. Players can neither enter late nor re-buy. Leaving early is also not permitted. Once you’re in the Live Cage, you’re there for the duration – unless you bust. At the conclusion of the event, remaining chips, if any, are exchanged for cash.
Nagy managed to win more than $18,000, busting only one time out of five. His best showing profit-wise was in July when he finished 5th out of 33 players and $7,700 to the good. The WPN CEO’s most recent Live Cage appearance was last month in a special Pot Limit Omaha event in which he cashed for $6,520.
The four previous Live Cage contests were played as No Limit Hold’em. Typically, the action consists of two 3-hour levels each day with a half-hour break each level.
Live Cage Satellites
Players who would like to win a package to play in the Live Cage in Costa Rica in 2019 can do so by playing in a satellite held every Sunday night at 6:00 p.m. ET. Three packages worth $8,340 are awarded to top winners of the $55 Beast and Sit & Crush Cage Live satellite. Satellite seats are awarded free to top finishers of The Beast and Sit & Crush leaderboards.
Each $8,340 package includes:
- $5,000 + $250 Live Cage buy-in
- $1,000 in spending money
- $800 for airfare to Costa Rica
- Transportation to and from airport
- A 3-night stay at the Taormina Casino and Hotel in San Jose, Costa Rica
The Cage Live is scheduled to run six times in 2019. Package winners can attend the Live Cage of their choosing. Here are the dates for 2019:
- January 25 – 28
- March 29 – April 1
- May 31 – June 3
- August 9 – 12
- October 4 – 7
- December 6 – 9
It’s not yet known if Nagy will compete in Live Cage action in 2019. Considering his successful showing last year, the odds are good that the CEO will once again take a seat.