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Poker Pro Bets Winnings On eSports Team

Fedor Holz Invests Undisclosed Sum Into Organization

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German poker pro Fedor Holz is using some of his hard-earned poker money to enter the world of eSports.

According to ESPN, Holz invested an undisclosed amount into Envy Gaming, the parent company of Team Envy and its sister brand the Dallas Fuel. The report said that Team Envy recently sold a “sizable” minority stake to another investment group for $35 million. Holz will serve as a minority owner of the teams, the report said.

Holz has been seen wearing a Team Envy jersey at the World Series of Poker in Las Vegas. He said that he invests in what he feels “emotionally connected to.”

“I like Envy, I like to watch, I like the way they build their infrastructure and team, take care of their players. And it was just a corporation I wanted to be a part of in some way,” he said.

Envy was founded in 2007 as a competitive Call of Duty team, but now has teams in a handful of other games in the fledgling world of eSports.

It’s been a busy year for the poker phenom. Holz sits in the third spot in Card Player’s POY race and in September signed a sponsorship deal with PartyPoker.

He currently has $26.7 million in lifetime tournament earnings.