Team Bodog poker player Justin "ZeeJustin" Bonomo is using some of his recent winnings into rebuys for the $1,000 No Limit Hold'em with Rebuys event.

To the untrained eye it can look like a WSOP rebuy event is just a demonstration of how much money poker players & women poker players will plow into an event for a shot at winning, and showing off just how much money they have at the same time. Seriously, some of the bankrolls poking out of their pockets are thicker than tree trunks (is that a bankroll in your pocket, or are you just happy to see me?). There is, however, a strategy to it all amid the increasingly hoarse cries of "rebuy".

Poker pros push and push at the table to either build their chip stack to be dominant after the rebuy period and build the prizepool with their opponents rebuys, or they build the prizepool with their own rebuys and view the chip loss as a "loan" to weaker players that they can then win back later. To this end, tournaments of this ilk always provide a fair amount of entertaining poker and some jaw-dropping numbers. Download poker wallpapers.

At last year's WSOP, Daniel Negreanu is famous for rebuying a whopping 46 times and adding-on twice. Add that to his buy-in and his prizepool donation totaled $49,000. This year looks to be no different, and Team Bodog poker player Justin "ZeeJustin" Bonomo is getting in on the action. At last count Justin had rebought 17 times, sending $17k of his own money into the prizepool.

The rebuy portion of the event is over and tournament officials are still tallying up all of the figures in order to release the numbers. Last year's grand total prizepool was $2,340,238 and the champion was Phil Hellmuth.

At time of publish, Team Bodog is looking very good in this event with David Williams in the top ten and Justin and Josh Arieh sitting at about mid-field looking to collect on their chip "loans" given earlier.
We'll keep you updated on their progress live from the 2007 World Series of Poker. Stay tuned to our poker blog.

Poker News Source: Bodog Poker