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The World Series of Poker

What Is It About?

The World Series of Poker is a very prestigious poker competition holding a month-long series of high stakes poker events. It is held each spring at the Horseshoe Casino in Las Vegas, which today is attended by thousands of aspiring winners. Buy-ins can go up to as much as $10,000. This is the largest poker competition in the world.

The main event of the World Series of Poker is the $10,000 no-limit Hold ' em where the winner gets to take home millions of dollars. The other events are mostly games of the other variations of Texas Hold ' em poker and other major poker variants.

Joining the World Series of Poker means you just might be seated beside the likes of Liz Lieu, Chris Moneymaker, Stu Ungar, Jerry Yang, and other very popular and formidable poker players. Are you ready to play against them? Most of these players have started out young and have been great professional players for many years. They have had millions in earnings from numerous prestigious poker tournaments such as this one.

Winning an event means you get to take home a lot of cash and something that most hard core players value more: the World Series of Poker bracelet. As the pot money and prestige of this annual event had been increasing, so has the value of the bracelet, which today is being designed by no other than one of the best Swiss watchmakers, Corum. Each year a new modification of the bracelet' s design is made which makes it an even more exciting item to win. The 2005 bracelet was made of platinum and diamond studs, other bracelets are made of white and yellow gold and plenty of precious stones. The 2007 bracelet for the champion of the main event is studded with 120 diamonds.

How to Join

So, as you' ve just read, the buy-in for the most prestigious event costs a whopping $10,000. Only a few has that much to spend, so what about the others who believe that they are good and talented enough to get a seat in one of the events but couldn' t afford it? Eric Drache is someone to thank for by people who want to join the event but do not yet have that much money. We always say "yet "because no one ever knows how you might fare, you just might be one of those who will walk away with a bracelet. To continue, poker satellites have become the cheaper way to get into the World Series of Poker. But you have to play poker and win to get that seat. Poker satellites are poker tournaments with much cheaper buy-ins where players contend and play for a seat in the World Series of Poker. The exact price for the buy-ins really depends on the satellite you join. Another good thing about poker satellites is that as you play through their tournaments, you gain more experience and get to hone you skills. So really, its either you pay $10,000 up front to get in the game, or join poker satellites, enjoy some tournaments, and win your seat.

A Little History

The first ever World Series of Poker event was held in 1970 at Binion' s Horseshoe Casino in Las Vegas. Before that, it started as an invitational event that still held a series of different poker variations. Each year, the number of participants grows and so does the prize money. What started as an invitational series of tournaments is now the world' s largest and most prestigious event whose prize is one of the most coveted items in the poker world. Today, you can watch the World Series of Poker tournaments on popular sports channels.