Peter Eastgate is one of the youngest poker players to have become a dominant figure in the game. He was born December 13, 1985 in Odense, Denmark. He was introduced to poker when he went to Sct. Canute Gymnasium. He later enrolled in Aarhus University as an economics major but he didn’t finish his studies as he left to play poker full time.
At 18 years of age he tried his luck in online poker. He established an online bankroll which was an incentive for him taking part in high stakes cash-games. He entered the Paddy Power Irish Open in 2007 and earned $61, 224 after placing ninth in the main event. He then entered the EPT Scandinavian Open in 2008 gaining an additional $14, 860 when he finished in the 32nd position. After these live events he qualified online for the World Series of Poker event.
He qualified for the Main Event through the Ladbrokes Poker website. Travelling to Las Vegas as a member of Team Ladbrokes he got to the final table with 18, 375, 000 in starting chips. He and Ivan Demidov got to the WSOP heads-up stage. Eastgate successfully went through a field of 6,844 players the second biggest field in the history of WSOP. After a two-day final table and 15 hours and 28 minutes duration, Eastgate beat Demidov for a first place prize of $9,154,416. This win also earned him a place in the poker record books as the youngest WSOP Main Event champion. At age 22, he erased Phil Hellmuth’s previous record who won in 1989 at 24 years of age. He was surpassed, however, by Joseph Cada, who in 2009 became the youngest winner of WSOP at age 21.
In January 2009, he entered the PokerStars.com Caribbean Adventure cash and side event and won $343,000. He also participated in the 2009 WSOP Main Event where he finished in the 78th position. At the time of his elimination he was the last remaining Main Event champion. He placed second in the 2009 London EPT and earned £530,000.
Since 2010, he entered the NBC National Heads-Up Championship in Las Vegas and finished in 5th place making him $75,000 richer.
In July 2010, Eastgate shocked the poker world by announcing his retirement from professional poker at an early age of 24. He said, “It was never my goal to spend the rest of my life as a professional poker player. My goal was to become financially independent. I have seen some amazing places and met many new people; it has been a great experience. I have decided now is the time to find out what I want to do with the rest of my life.”