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World Series of Poker PDF Print E-mail
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The World Series of Poker (WSOP) is the largest set of poker tournaments in the world. It is held annually in Las Vegas, and since 2007 has consisted of 55 events, of which all but the "Main Event" are finished in just over a month.The winner of each event wins a World Series of Poker bracelet and a prize based on the number of entrants. Most of the major poker variants are featured, though in recent years over half of the events have been variants of Texas hold 'em.The series culminates with the $10,000 no-limit hold'em "Main Event", which since 2004 has attracted entrants numbering in the thousands, with the victor receiving a multi-million dollar prize.

Main Event Entrants and First Place Prizes

YearNumber
of Entrants
First Place
Prize
2000512$ 1,500,000
2001613$ 1,500,000
2002631$ 2,000,000
2003839$ 2,500,000
20042576$ 5,000,000
20055619$ 7,500,000
20068773$12,000,000
20076358$ 8,250,000
20086844$ 9,152,416

 

 

 

 

 

 

 

Since 2005, the WSOP has been sponsored by Harrah's Entertainment.

 

 

 

 

 

 

 

 

Format 

Since 1971, all WSOP events have been tournaments with cash prizes. In 1973 a five-card stud event was added. Since then, new events have been added and removed. In 2006 there were 45 events at the WSOP, covering the majority of poker variants. Currently, Texas hold 'Em, Omaha hold 'em and Seven-card stud and their lowball variants (if any) are played. H.O.R.S.E. has been played in the past and returned in 2006. Also, S.H.O.E. has been played in the past, and returned in 2007. Other events played in the past include Chinese poker, Five card stud, and many others.Like most tournaments, the sponsoring casino takes an entry fee (a percentage between 6% and 10%, depending on the buy-in) and distributes the rest, hence the prize money increases with more players. In the 2005 main event US$52,818,610 in prize money was distributed among 560 players, with US$7.5 million to first prize.

Highlights

The number of participants in the WSOP has grown almost every year, and in recent years the growth has exploded. In 2000 there were 4,780 entrants in the various events, but in 2005, the number rose to over 23,000 players. In the main event alone, the number of participants grew from 839 in 2003 to 8,773 in 2006.Phil Hellmuth has the most bracelets with eleven. Runners-up Doyle Brunson and Johnny Chan have each won ten bracelets. Doyle's son, Todd Brunson, won a bracelet in a $2,500 Omaha Eight-or-better event in 2005, making them the first (and so far only) father/son pair to win at least one event at the WSOP. Crandell Addington is the only player to place in the top ten of the World Series of Poker Main Event eight times.Four players have won the main event multiple times: Johnny Moss (1971 and 1974), Doyle Brunson (1976 and 1977), Stu Ungar (1980, 1981 and 1997) and Johnny Chan (1987 and 1988).Bracelet winners who first achieved fame in other fields include French actor/singer Patrick Bruel (in 1998), Danish soccer player Jan Vang Sørensen (in 2002) and American actress Jennifer Tilly (in 2005).

History

The idea of a World Series of Poker began in 1969 with an event called the Texas Gambling Reunion, it was as an invitational event sponsored by Tom Moore of San Antonio, Texas, and held at the Holiday Hotel and Casino in Reno. This inaugural event was won by Crandell Addington. The set of tournaments that the World Series of Poker (WSOP) would evolve into was the brainchild of Las Vegas casino owner and poker player Benny Binion.In 1970, the first WSOP at Binion's Horseshoe took place as a series of cash games that included five-card stud, deuce to seven low-ball draw, razz, seven-card stud, and Texas hold 'em. The format for the Main Event as a freeze-out Texas hold 'em game came the next year. The winner in 1970, Johnny Moss, was elected by his peers as the first World Champion of Poker and received a silver cup as a prize. In 2004, Harrah's Entertainment purchased Binion's Horseshoe, kept the rights to the Horseshoe and World Series of Poker brands, sold the hotel and casino to MTR Gaming Group, and announced that the 2005 Series events would be held at the Harrah's-owned Rio Hotel and Casino, located just off the Las Vegas Strip. The final two days of the main event in 2005 were held downtown at what is now the MTR operated "Binion's" in celebration of the centennial of the founding of Las Vegas. It also added a made-for-television $2 million "freeroll" invitational "Tournament of Champions" (TOC) event first won by Annie Duke as a "winner-take-all" event. Starting in 2005, the WSOP began a tournament "circuit" at Harrah's-owned properties in the United States where in addition to the $10,000 buy-in tournament at each site, qualifying players became eligible for a revamped Tournament of Champions. The 2005 TOC, made up of the top twenty qualifying players at each circuit event, along with the final table from the 2005 Main Event and the winners of nine or more bracelets (Johnny Chan, Doyle Brunson, and Phil Hellmuth) would participate in the revamped TOC at Caesar's Palace. Mike "The Mouth" Matusow won the first prize of $1 million (US), and all the players at the final table were guaranteed a minimum of $25,000 for the eighth and ninth place finishers. During a break in the final table of the 2005 Main Event on July 16, Harrah's announced that eleven properties — including the recently added Bally's and Caesar's properties — would host 2005-06 WSOP Circuit events that started on August 11 in Tunica, Mississippi. One event, that was scheduled for Biloxi, Mississippi was canceled after the Grand Casino Biloxi, which was scheduled to host the event, suffered major damage from Hurricane Katrina.The Rio also hosted the 2006 World Series of Poker, which began on June 25 with satellite events and formally began the day after with the annual Casino Employee event, won in 2006 by Chris Gros. 2006 featured the "Tournament of Champions" on June 25 and 26, won by Mike Sexton. Various events led up to the main event, which was held from July 28 until August 10. The first prize of $12 million was awarded to Jamie Gold.

Main Event

The Main Event of the WSOP has been the $10,000 buy-in no-limit Texas Hold 'Em (TXHE) tournament since 1972. (In 1971, the buy-in was $5,000.) Winners of the event not only get the largest prize of the tournament and a gold bracelet, but additionally their picture is placed into the Gallery of Champions at Binion's.The winner of the Main Event has traditionally been given the unofficial title of World Champion. However the game's top professionals have stated that the recently-added $50,000 H.O.R.S.E. event is the one which ultimately decides the world's best player. The $50,000 buy-in, being five times larger than the buy-in for the Main Event, has thus far tended to deter amateurs from playing in the H.O.R.S.E. The H.O.R.S.E. tournament was won by Chip Reese in 2006, Freddy Deeb in 2007, and Scotty Nguyen in 2008. Since Reese's death in December 2007, the winner of this event wins the David 'Chip' Reese Memorial Trophy in addition to the bracelet and the prize money. There have been many memorable moments during the main events, including Jack Straus's 1982 comeback win after discovering he had one $500 chip left when he thought he was out of the tournament. The end of the 1988 main event was featured in the movie Rounders. Chris Moneymaker and Greg Raymer, the winners in 2003 and 2004, both qualified for the main event through satellite tournaments at the Poker Stars online card room. With passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 online poker sites have been barred from purchasing entrance directly for their users. This may have been the cause of the smaller field size in 2007.With the exception of winners of the World Series Of Poker Main Event satellite tournaments (who automatically win a spot in the main event), all remaining players (including former champions, celebrities, and professional poker players) must supply the $10,000 buy-in in order to participate.

Main Event results

Below are the past winners of the main event, together with brief information about each year's main event. For more information, view the article on the WSOP for that specific year.

 Year  

Winner / Winning Hand   Prize (US$)   Entrants   Runner-Up / Losing Hand  
1970Johnny Mossn/a7n/a
1971Johnny Moss30,0006Walter "Puggy" Pearson
1972Thomas "Amarillo Slim" Preston K J80,0008Walter "Puggy" Pearson 6 6
1973Walter "Puggy" Pearson A 7130,00013Johnny Moss K J
1974Johnny Moss 3 3160,00016Crandall Addington A 2
1975Brian "Sailor" Roberts 9 9210,00021Bob Hooks A K
1976Doyle Brunson 10 2220,00022Jesse Alto A J
1977Doyle Brunson 10 2340,00034Gary Berland 8 5
1978Bobby Baldwin Q Q210,00042Crandall Addington 9 9
1979Hal Fowler 7 6270,00054Bobby Hoff A A
1980Stu Ungar 5 4385,00073Doyle Brunson A 7
1981Stu Ungar A Q375,00075Perry Green 10 9
1982Jack Straus A 10520,000104Dewey Tomko A 4
1983Tom McEvoy Q Q540,000108Rod Peate K J
1984Jack Keller 10 10660,000132Byron Wolford 6 4
1985Bill Smith 3 3700,000140T. J. Cloutier A 3
1986Berry Johnston A 10570,000141Mike Harthcock A 8
1987Johnny Chan A 9625,000152Frank Henderson 4 4
1988Johnny Chan J 9700,000167Erik Seidel Q 7
1989Phil Hellmuth Jr 9 9755,000178Johnny Chan A 7
1990Mansour Matloubi 6 6895,000194Hans Lund 4 4
1991Brad Daugherty K J1,000,000215Don Holt 7 3
1992Hamid Dastmalchi 8 41,000,000201Tom Jacobs J 7
1993Jim Bechtel J 61,000,000220Glenn Cozen 7 4
1994Russ Hamilton K 81,000,000268Hugh Vincent 8 5
1995Dan Harrington 9 81,000,000273Howard Goldfarb A 7
1996Huck Seed 9 81,000,000295Bruce Van Horn K 8
1997Stu Ungar A 41,000,000312John Strzemp A 8
1998Scotty Nguyen J 91,000,000350Kevin McBride Q 10
1999Noel Furlong 5 51,000,000393Alan Goehring 6 6
2000Chris Ferguson A 91,500,000512T. J. Cloutier A Q
2001Juan Carlos Mortensen K Q1,500,000613Dewey Tomko A A
2002Robert Varkonyi Q 102,000,000631Julian Gardner J 8
2003Chris Moneymaker 5 42,500,000839Sam Farha J 10
2004Greg Raymer 8 85,000,0002,576David Williams A 4
2005Joe Hachem 7 37,500,0005,619Steve Dannenmann A 3
2006Jamie Gold Q 912,000,0008,773Paul Wasicka 10 10
2007Jerry Yang 8 88,250,0006,358Tuan Lam A Q
2008Peter Eastgate A 59,152,4166,844Ivan Demidov 4 2

Player of the Year

Since 2004, a Player of the Year Award has been given to the player with the most points accumulated throughout the World Series. Only "open" events in which all players can participate count in the standings. Beginning with the 2006 World Series of Poker, the Main Event and the $50,000 H.O.R.S.E. competition had no effect on the outcome of the winner of the Player of the Year award. However, in the 2008 World Series of Poker, the $50,000 H.O.R.S.E. event counted toward the Player of the Year award.

YearWinnerBraceletsFinal TablesMoney Finishes
2004Daniel Negreanu156
2005Allen Cunningham145
2006Jeff Madsen244
2007Tom Schneider233
2008Erick Lindgren135
 
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