2007 World Series of Poker - Main Event

Main Event

The $10,000 No Limit Hold'em Main Event began on July 6 with the first of four separate starting days. 6,358 players entered, 2,415 fewer than in 2006. This is the first time since 1992 that the Main Event experienced a reduction in participants. As the total number of registrants for the 2007 WSOP set a record at 54,288 with a total prize pool of $159,796,918 ($59,784,954 for the Main Event), the decrease in the number of participants in the Main Event has been attributed to a recent law that limits Internet gambling. As a result of this law, Harrah's did not allow online poker websites to directly purchase Main Event seats and offer them as prizes, if the sites conducted business with US citizens. Online entries to the Main Event that were won as prizes on Internet poker sites were a substantial contributor to the dramatic growth the Main Event saw in the 2003, 2004, 2005 and 2006. The reduced field also meant a nearly one-third reduction in the Main Event's grand prize, from the record $12 million (US) in 2006 to $8.25 million.

A different, flatter, payout structure was introduced in 2007 further reducing the prize money awarded to the final table finishers. Players who busted early in the money received a larger share than they would have in 2006. The lowest payouts in 2007 were $20,320 (just over double the buyin), as compared to $14,597 in 2006. Every player who made the final table in 2006 won over 1.5 million dollars.

A minor controversy arose during the main event. The colors of the chips made it very difficult to differentiate between the chip values. Pokernews.com posted the following note on its live reporting log, "It has literally been impossible for us to count these players' stacks due to the positioning of the cameras and the incredibly similar colors of the various chip denominations." Pokernews also reported that the chip color has affected play, "Because of the similarly-colored chips it took the dealer some time to count down Kluber's stack, and not long after Rahme began thinking about his response Kluber called the clock on him." Other players have complained that they can't count their opponents stacks and fear asking for a chip count as speaking may reveal the strength of their hand.

Final Table
Place Name Prize
1st Jerry Yang $8,250,000
2nd Tuan Lam $4,840,981
3rd Raymond Rahme $3,048,025
4th Alex Kravchenko $1,852,721
5th Jon Kalmar $1,255,069
6th Hevad Khan $956,243
7th Lee Childs $705,229
8th Lee Watkinson $585,699
9th Philip Hilm $525,934

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