The 50th World Series of Poker is underway
The World Series of Poker opened its doors in Las Vegas early this week with dozens of card tournaments on the schedule and a special event to celebrate the 50th anniversary of a series that’s made poker millionaires who they are today.
With several Gold Bracelets up for grabs, the seven-week long poker festival is expected to host tens of thousands of poker players who have their eyes on $200 million combined prize pool. Buy-ins for the series range from $400 to $100,000.
In honour of the milestone, Caesars Interactive Entertainment has scheduled an awards ceremony and a $500 buy-in rake-free tournament with a guaranteed prize pool of $5 million. The awards will be crowd sourced with the fans deciding to choose the players who will be recognized at the ceremony.
Fans can vote in seven categories, including fan favorite player, the series’ “favorite bad boy” and the four most important players in the tournament’s history. 50 of the greatest poker players are also to be chosen by a panel and honoured during the ceremony.
Taking a walk down memory lane, it was Casino owner Benny Binion who started the series in 1970 as an invitation-only event. It was Johnny Moss who was declared its first winner. After a bit of a lull Poker then picked up in the U.S when accountant Chris Moneymaker won a $39 online poker satellite contest and entry into the WSOP main event. He emerged victorious winning $2.5 million and bringing alive the dream of several other amateurs.
The series recorded 123,865 entrants in 2018. The prize pool of over $266 million was shared among 18,105 participants and 28 of them earned at least a million dollars. The series’ famed main event starts on 3rd July with players staking $10,000 to buy in. It was Indianapolis resident John Cynn who won the main event last year taking home a whopping a slice of the $8.8 million prize pool. As they say, Champions go home richer and with gold bracelets!
Bon Chance! Let the games begin!