William Haughey, the man who famously bought the World Series of Poker bracelet awarded to Peter Eastgate when he won the WSOP Main Event, has come forward and revealed he wants to use the coveted piece of poker jewellery to raise even more money for charity.

Multi-millionaire Haughey bought the gold and diamond bracelet back in late November 2010 when he paid $150,000 for it. For months the Scots identity remained a secret but he came forward in an interview with PokerNews.com. It was here that we discovered that Haughey is an extremely charitable man, a man who has donated more than £5,000,000 in the past few years, including £1,300,000 in 2011 alone.

The philanthropist said that the charitable aspect was the only reason he bought the bracelet on the auction site ebay. “I paid $150,000 for the bracelet, but if the money wasn’t going to charity I wouldn’t have even paid $50,000 for it. Some of the younger players said that the integrity of the bracelet was lost, and there was no respect, but the kids in Africa will be cheering Peter Eastgate today and not worrying about what the poker blogs are saying.”

He has now said that he wants to give the bracelet back to the poker community and used the $1,000,000 buy-in One Drop Charity event as an example. “I would say I will make a special offer: If the WSOP can come up with a good idea about how we can potentially raise $1,000,000 for charity, I will match it. Whatever they raise, if they have a bracelet event, I will match [the buy-in] up to $1,000,000. Half of the money can go to a WSOP charity, and the other half will go a cancer hospital that’s going to be built in the U.K.”

The bracelet was originally awarded to Denmark’s Peter Eastgate when he outlasted a bumper field of 6,844 runners in the 2008 WSOP Main Event to scoop the massive $9,152,416 first place prize. He later retired from the game only to return to the felt a few months later.