The saying “you have to spend money to make money” certainly applies to Atherton resident Michael Binger.
Mr. Binger finished third in the No-Limit Texas Hold’em Main Event at the World Series of Poker in Las Vegas, taking home about $4.1 million.
Mr. Binger has a Ph.D. in particle physics from Stanford University, and has lived in Atherton since 2000, the Associated Press reported.
He outlasted all but two of the 8,773 players who paid the $10,000 entry fee to play in the event.
He was knocked out of the event by the eventual winner, Jamie Gold of Mailbu, who won the $12 million grand prize.
Mr. Binger could not be reached for comment.
— Rory Brown
