Oliver Speidel, a 26-year-old banker from Melbourne, Victoria, is the 2012 Champion of the Aussie Millions main event. Besting a field of 659 entrants, he takes home $1,600,000 AUS in prize money, a diamond and gold champion ring, a trophy, and a rolex watch.

The No-Limit Holdem tournament, with a buy-in of $10,600, began on Sunday 22 January, and took seven days to complete.

The final march was played in front of a packed house of nearly 200 spectators live and a worldwide audience following the action over the internet.

The runner up was Kenneth Wong, from Hong Kong. Despite the disappointment of defeat, he takes home a consolation prize of $1,000,000 in prize money.