The World Series of Poker (WSOP) is a series of poker tournaments held annually in Las Vegas and, since 2005, sponsored by Caesars Entertainment (known as Harrah's Entertainment until 2010). It dates its origins to 1970, when Benny Binion invited seven of the best-known poker players to the Horseshoe Casino for a single tournament, with a set start and stop time, and a winner determined by secret ballot.
The winner of each event receives a World Series of Poker bracelet and a monetary prize based on the number of entrants and buy-in amounts. Over the years, the tournament has grown in both the number of events and in the number of participants. Each year, the WSOP culminates with the $10,000 no-limit hold'em "Main Event," which, since 2004, has attracted entrants numbering in the thousands. The victor receives a multi-million dollar cash prize and a bracelet, which has become the most coveted award a poker player can win. The winner of the World Series of Poker Main Event is considered to be the World Champion of Poker.
As of 2012, the WSOP consists of 61 events, with most major poker variants featured. However, in recent years, over half of the events have been variants of Texas hold 'em. Events traditionally take place during one day or over several consecutive days during the series in June and July. However, starting in 2008, the Main Event final table was delayed until November. The 2012 final table commenced in October because of the 2012 U.S. presidential election.
Read more about World Series Of Poker: Format, Highlights, History, Main Event, World Series of Poker Europe, World Series of Poker Asia-Pacific, Marketing
Famous quotes containing the words world, series and/or poker:
“Samuel Sewall, in a world of wigs,
Flouted opinion in his personal hair;
For foppery he gave not any figs,
But in his right and honor took the air.”
—Anthony Hecht (b. 1923)
“The theory of truth is a series of truisms.”
—J.L. (John Langshaw)
“The poker player learns that sometimes both science and common sense are wrong; that the bumblebee can fly; that, perhaps, one should never trust an expert; that there are more things in heaven and earth than are dreamt of by those with an academic bent.”
—David Mamet (b. 1947)