The World Series of Poker (WSOP) is one of the most prestigious poker tournaments in the world. First played in 1970, the World Series of Poker has grown in popularity ever since.
The World Series of Poker draws many of the top poker players, but it is not their exclusive domain. Players come from all walks of life and most of the poker players are amateurs. The World Series of Poker often sees many of those amateurs beating the pros.
The World Series of Poker actually consists of a number of poker tournaments of various poker games including Texas Holdem, Omaha, Razz, and Stud Poker. There are also Lowball and Hi-Low split poker games. The World Series of Poker typically has about 45 individual poker tournaments which begin the first week of June and end with the final day of the World Championship Event about mid-July.
The winner of each World Series of Poker tournament event is awarded a gold bracelet (which many players value more than the cash prize). The cash prizes are substantial typically ranging in the low to mid six figures with the first place prize for last year's Championship event setting a new record at $5 million. Poker tournament buy-ins generally range from $1,000 to $5,000 with the Championship tournament having a buy-in of $10,000. Players can also get into the Championship tournament by winning World Series of Poker satellite tournaments.
Harrahs Casino also sponsors the World Series of Poker Tournament Circuit. The circuit is comprised of various poker tournaments held at different Harrahs casino properties nationwide. Poker tournament players earn points toward an invitation to the World Series of Poker Tournament of Champions which is held shortly after the conclusion of the regular World Series of Poker tournaments.
Many of the World Series of Poker tournament final tables are taped and televised by ESPN.
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