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Minnesotan wins wild $700,000 hand in World Series of Poker

John Morgan, 71, CEO of Minneapolis-based Winmark Corp., which owns Play It Again Sports and other used-goods retailers, on Sunday won what poker pro Phil Galfond characterized as "the craziest [poker] hand I've ever seen." An opponent folded with four eights.
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On Sunday, during the first day of the $1 million buy-in "Big One for One Drop" event at the World Series of Poker in Las Vegas, local CEO John Morgan forced Moscow businessman Mikhail Smirnov to fold a hand worth $700,000 in chips – and Smirnov had four eights, CityPages reports.

Winmark Corp. CEO Morgan was coy about whether he had the straight flush that could have beat Smirnov or if he was bluffing. He wouldn't tell WSOP.com what he had held, according to Bloomberg, which has a play-by-play of the day's "most dramatic moment."

But Morgan indicated to the New York Post that he had the straight.

Neither player ultimately made it to the final eight, where the big money would be won, Poker News Daily reports.

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