Everyone’s always read so much about the WSOP in the Indian Sub-Continent. Many have braved themselves across seas to take part in the prestigious tournament, but a lot more dreams are to be fulfilled. Here’s to the curiosity of the poker community, all the questions answered about the WSOP.
What is the WSOP and how does it work?
The World Series of Poker is a festival of poker with a total of 74 events with various buy-ins and poker formats. Each event follows a tournament format with every player starting off with the same number of chips. The winner is the person left standing at the end. Those winning any WSOP event will not only receive a prize but will also get a coveted WSOP bracelet as well.
Can anyone enter the World Series of Poker?
Absolutely! Anyone can enter the World Series of Poker provided you are 21+ and off course can afford the buy-in!
The cheapest way for an amateur to gain entry is to win one of the many WSOP satellite tournaments.
How much does it cost to get into the World Series of Poker?
Facts straight up:
Main Event – $10,000 (no re-buy in)
Lowest buy-in – $400
Biggest buy-in – $1,000,000 to enter
Don’t forget to account for the re-buyins!
When is the WSOP Main Event 2019?
The WSOP Main Event for 2019 starts on July 3rd and continues for 10 days. The duration is a sheer indication of the number of entries! In 2018, nearly 8000 players took part in the Main event.
Who won WSOP 2018?
The 2018 Main Event of the World Series of Poker was won by American John Cynn. He ousted a field of 7,874 players and took home $8,800,000!
How much is a World Series of Poker bracelet worth?
The bracelet is made of gold and encrusted with precious stones. While there is no data on how much it costs, its reported that Peter Eastgate sold his bracelet for $147,500 on ebay in 2010. The bracelet is no longer looked at for its monetary value, but the sheer prestige value the coveted bracelet is now associated with.
Where is the WSOP held?
At the Rio All-Suite Hotel & Casino in Las Vegas.
Who has the most WSOP bracelets?
The Poker Brat aka Phil Hellmuth holds the record for the most WSOP bracelets and the record stands at 15!
How much money does the WSOP winner get?
The prize for each tournament changes depending on how many people enter the event.
How do poker satellites work?
Satellites are a great platform to play your way into winning a seat to an expensive tournament. Satellite tournaments have an average buy-in of $100 and helps one get entry into the Main event.
How do you win seats in the WSOP?
To win a seat at the WSOP, you’ll have to enter a satellite tournament. These are held at various different online poker sites. If you can win the satellite, you will gain entry into the specified WSOP event.
Are WSOP winnings taxed?
United States natives pay up to 50% in tax on their winnings, while those from the UK will not pay any tax at all. Be aware of your local tax laws and its implications on the winnings.