The World Series of Poker is a Las Vegas event that is bringing in all kinds of players from across the globe. This is also one of the major Bitcoin poker tournaments that have people competing against each other on an online table.
Over the years, the World Series of Poker adds other variant poker game tables and satellite tournaments. The main event of the tournament has one the largest prize pool in a Bitcoin poker tournament which can easily reach more than $5 million.
History of the WSOP
The World Series of Poker got its start from Benny Binion. In 1970, Binion invited seven top poker players to his Horseshoe Casino for a tournament that has a set time period. The cash games the first WSOP cash games were a seven-card stud, razz, deuce to seven low-ball draw, Texas hold’em, and five card stud. Johnny Moss was the first winner of the World Series of Poker based on a secret ballot from his peers.
One of the continuing elements of the World Series of Poker is its $10,000 buy-in no-limit Texas Hold’em tournament. The winner of this event will get the largest money prize of the tournament and a gold bracelet.
There have been some talks about increasing the buy-in to $50,000 to add more to the stakes. However, this move could stop most rookies from joining the main events. This buy-in amount made its way to other variant games. The first tournament with a buy-in of $50,000 was the H.O.R.S.E. game in 2006. For many pro players, this kind of tournament where the stake was tremendous can show who the world’s best poker players are.
There are three notable WSOP players. The first one is Johnny Moss for winning three WSOP main events, including the very first one. The only one to accomplish this is Stu Ungar who won the main events in 1980, 1981, and 1997. Phil Hellmuth holds the title of having the most bracelets in the WSOP. Moss only has nine bracelets while Ungar has five.
The World Series of Poker is a collection 65 events ever since 2014. More than half of the events are Texas Hold’em games since this is the most popular variant. There are also chances to play Bitcoin poker qualifying games online. Each Bitcoin poker events have different buy-ins and guaranteed prizes. This allows anyone to play regardless of their skills and bankroll.