World Series of Poker
The World Series of Poker is a series of poker tournaments held annually in Paradise, Nevada, and since 2004, sponsored by Caesars Entertainment. 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 a secret ballot of the seven players.
As of 2020, the WSOP consists of 101 events, with most major poker variants featured. Events traditionally take place during one day or over several consecutive days during the series in June and July.
The 2024 WSOP was held at the Horseshoe and Paris Las Vegas, and saw record-breaking attendance for the Main Event tournament. In August 2024, Caesars Entertainment announced it had sold the WSOP brand to GGPoker operator NSUS Group for $500 million.
History
The idea of a World Series of Poker began in 1969 with an event called the Texas Gamblers Reunion. It was an invitational event sponsored by Tom Moore of Castle Hills, Texas, and held at the Holiday Hotel and Casino in Reno. This inaugural event was won by Crandell Addington. The set of tournaments that the World Series of Poker would evolve into was the brainchild of Las Vegas casino owner and poker player Benny Binion. In 1970, the first WSOP at Binion's Horseshoe took place as a series of cash games that included five-card stud, deuce to seven low-ball draw, razz, seven-card stud, and Texas hold 'em. The format for the Main Event as a freeze-out Texas hold 'em game came the next year. The winner in 1970, Johnny Moss, was elected by his peers as the first "World Champion of Poker" and received a silver cup as a prize.Acquisition by Harrah's
In 2004, Harrah's Entertainment purchased Binion's Horseshoe, retained the rights to the Horseshoe and World Series of Poker brands, sold the hotel and casino to MTR Gaming Group, and announced that the 2005 Series events would be held at the Harrah's-owned Rio Hotel and Casino, located just off the Las Vegas Strip. Since 2004 the official sponsor of the World Series of Poker has been the Caesars Entertainment Corporation. The final two days of the 2005 WSOP Main Event were held downtown at what is now the MTR-operated "Binion's" in celebration of the centennial of the founding of Las Vegas. The WSOP added a made-for-television $2 million "freeroll" invitational Tournament of Champions event first won by Annie Duke as a "winner-take-all" event.2005 expansion – WSOP Circuit
Starting in 2005, the WSOP began the World Series of Poker Circuit, a satellite series held at Harrah's-owned properties in the United States. In addition to the $10,000 buy-in tournament at each site, qualifying players became eligible for a revamped Tournament of Champions. The 2005 TOC, made up of the top twenty qualifying players at each circuit event, along with the final table from the 2005 Main Event, and the winners of nine or more bracelets would participate in the revamped TOC at Caesars Palace. Mike Matusow won the first prize of $1 million, and all the players at the final table were guaranteed a minimum of $25,000 for the eighth and ninth-place finishers.During a break in the final table of the 2005 Main Event on July 16, Harrah's announced that eleven properties — including the recently added Bally's and Caesar's properties — would host 2005–06 WSOP Circuit events that started on August 11 in Tunica, Mississippi. One event that was scheduled for Biloxi, Mississippi, was canceled after the Grand Casino Biloxi, which was scheduled to host the event, suffered major damage from Hurricane Katrina. The Rio also hosted the 2006 World Series of Poker, which began on June 25 with satellite events and formally began the day after with the annual Casino Employee event, won in 2006 by Chris Gros. 2006 featured the Tournament of Champions on June 25 and 26, won by Mike Sexton. Various events led up to the Main Event, which was held from July 28 until August 10. The first prize of $12 million was awarded to Jamie Gold.
2007 expansion – WSOP Europe
The World Series of Poker Europe is the first expansion of the World Series of Poker in series history. In September 2007, the first WSOP championship events outside of Las Vegas, complete with bracelets, were held. The inaugural WSOPE consisted of three events held in London from September 6–17, 2007. The main event, a £10,000 buy-in no-limit hold 'em tournament, was won by Norwegian online prodigy Annette Obrestad on the day before her 19th birthday. This made her the youngest person ever to win a WSOP bracelet, a record that cannot be broken in the Las Vegas WSOP under current laws because the minimum legal age for casino gaming in Nevada is 21. Obrestad could play in the WSOPE because the minimum age for casino gaming in the United Kingdom is 18. While no definitive plans have been announced, WSOP Commissioner Jeffrey Pollack has indicated that in the next one to three years that other venues may start holding WSOP events. Two locations that have been mentioned as possible expansion sites are Egypt and South Africa, and the World Series of Poker Africa was ultimately launched in South Africa in 2010. However, it is currently treated as a WSOP Circuit event, with no bracelets awarded. The next expansion of the WSOP that included bracelet events was ultimately to Australia.The WSOPE moved from London to Cannes, France, in 2011. At that time, the buy-ins and payouts changed from being fixed in pounds to euros. The event moved again in 2013, this time to the Paris suburb of Enghien-les-Bains.
From 2013 to 2017 the WSOPE was held only in odd-numbered years, with the newly launched World Series of Poker Asia Pacific conducted in even-numbered years. WSOPE has been held annually since 2017.
2010 expansion – WSOP Africa
In 2010, the WSOP expanded overseas once again, only this time to Gauteng, South Africa. Although the 2010 event was part of the WSOP Circuit, winners did not earn a gold ring or standing for the WSOP Circuit National Championship, both of which were common for other circuit events. This policy changed in 2012. The WSOPA did not occur in 2011 but would come back in 2012.2013 expansion – WSOP Asia Pacific
On April 30, 2012, the WSOP and Australian casino Crown Melbourne jointly announced the creation of the World Series of Poker Asia-Pacific. The first edition of the event was held at Crown's Melbourne Casino from April 4–15, 2013 and featured five bracelet events in the series.2015 expansion – WSOP International Circuit
In 2015, the WSOP International Circuit was launched, with rounds in Canada, Latin America, the Caribbean, Europe, Asia-Pacific and Africa. The winners of each tournament join the WSOP Circuit winners to play the WSOP Global Casino Championship. The International Circuit has expanded to 13 tournaments for the 2017/18 season.2020 expansion – WSOP Online
Due to the COVID-19 pandemic and subsequent restrictions on live poker events, there was a heavy focus on online events for 2020 and 2021, with dedicated online series during both years.Since 2022, the WSOP has been held on the Las Vegas Strip, after leaving the Rio.
2023 expansion – WSOP Paradise
In 2023, the WSOP expanded to Atlantis Paradise Island in the Bahamas.In 2024, the Main Event broke the all-time record with 10,112 entries.
Format
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.Since 1971, all WSOP events have been tournaments with cash prizes. In 1973, a five-card stud event was added. Since then, new events have been added and removed. Since 1976, a bracelet has been awarded to the winner of every event at the annual WSOP; later on, the winners of events before 1976 were retroactively given bracelets.
The tournament grew slowly for over a decade, reaching 52 participants in 1982. In the early 1980s, satellite tournaments were introduced, allowing people to win their way into the various events. By 1987, there were over 2,100 entrants in the entire series. At the 2006 World Series of Poker, there were 45 events, covering the majority of poker variants. Participation in the Main Event peaked that year, with 8,773 players.
The number of participants in the WSOP grew every year from 2000 until 2006. Following 2006, new online gambling legislation restricted the number of online qualifiers to the event. 2007 was the first dip in numbers in the 21st century while in 2008 more people participated than the previous year. In 2000, there were 4,780 entrants in the various events, but in 2005, the number rose to over 23,000 players. In the main event alone, the number of participants grew from 839 in 2003 to 8,773 in 2006, and has hovered between 6,300 and 7,200 entrants in the eleven years since. Phil Hellmuth has won the most bracelets with 17 followed by Phil Ivey with 11 bracelets. Crandell Addington is the only player to place in the top ten of the World Series of Poker Main Event eight times, albeit in earlier years with small fields compared to modern times. Four players have won the Main Event multiple times: Johnny Moss, Doyle Brunson, Stu Ungar and Johnny Chan. Bracelet winners who first achieved fame in other fields include French actor/singer Patrick Bruel, Danish soccer player Jan Vang Sørensen, American actress Jennifer Tilly, and American musician/record producer Steve Albini. In recent years, there have been non-bracelet events at the WSOP; two of the most notable are the "World Series of Rock Paper Scissors" and "Ante Up for Africa."
Currently, Texas hold 'em, Omaha hold 'em and Seven-card stud and their lowball variants are played. H.O.R.S.E. has been played in the past and returned in 2006. Also, S.H.O.E. has been played in the past, and returned in 2007. Other events played in the past include Chinese poker, Five card stud, and many others. Like most tournaments, the sponsoring casino takes an entry fee and distributes the rest, hence the prize money increasing with more players. In 2024, entry fees across all events range from $300 to $250,000, the latter being for the Super High Roller event. The Main Event, which is the highlight of the entire WSOP festival, has a buy-in of $10,000. In the 2005 Main Event, US$52,818,610 in prize money was distributed among 560 players, with US$7.5 million as the first prize. The 2006 Main Event, won by Jamie Gold, was the largest single poker tournament by prize pool or by entrant numbers in history; Gold pocketed US$12 million for his victory. In July 2010, it was announced that the winner of the 2010 Main Event would receive just under US$9 million. The 2023 Main Event took the record for entries, first-place prize, and prize pool. The 2024 Main Event set a record for entries and prize pool.
On June 2, 2011, the World Series of Poker and Cirque du Soleil founder Guy Laliberté announced plans for an officially sanctioned special fundraising event, known as The Big One for One Drop, starting on July 1, 2012, with a record US$1 million entry fee. 11% of the money went to Laliberté's charity, the One Drop Foundation, and the WSOP waived its normal 10% rake of the entry fees. At the time of the original announcement, 15 of the maximum 48 seats had been taken. By early December 2011, the field size had increased to 22, the minimum required for an official bracelet tournament. Among those who committed early to the event were Johnny Chan, Daniel Negreanu, Jonathan Duhamel, Tom Dwan, Laliberté, billionaire businessman Phil Ruffin and Erik Seidel. On April 12, 2012, the WSOP announced that 30 players had committed to the tournament, which brought the first prize to $12.3 million, exceeding the record amount won by Jamie Gold. In the end, all 48 seats were filled, resulting in a first prize of $18.3 million. Poker professional Antonio Esfandiari won the event, also receiving a special platinum WSOP bracelet.
While the Main Event is the biggest - according to prize pool - event in the series; the Millionaire Maker is next up top with its latest edition bearing a prize pool of $14,603,565. Inaugurated in 2018 the tournament has ever since held a $1,000,000 guarantee for first place.
In 2023, the World Series of Poker introduced a $300 no-limit hold 'em bracelet event called Gladiators of Poker, its lowest-priced event. The event has a guaranteed $3 million prize pool and attracted over 23,000 players in its inaugural year.
Main Event
Since 1972, the Main Event of the WSOP has been the $10,000 buy-in no-limit Texas Hold 'em tournament. Winners of the event not only get the largest prize of the tournament and a gold bracelet, but additionally their picture is placed in the Gallery of Champions at Binion's.The winner of the Main Event has traditionally been given the unofficial title of World Champion. However, some believe that no-limit hold 'em is not the optimal structure for determining a champion poker player. In 2002, Daniel Negreanu argued that the Main Event should switch to pot-limit hold 'em, believing that pot-limit required a more complete set of poker skills than no-limit, although he admitted that such a change would likely never be made. However, after the $50,000 H.O.R.S.E./Poker Players Championship event was added, many of the game's top professionals, including Negreanu, have since stated that this tournament ultimately decides the world's best player. The $50,000 buy-in, being five times larger than the buy-in for the Main Event, has thus far tended to deter amateurs from playing in this event, and the variety of games played require a broader knowledge of poker. The first $50,000 event, conducted as a H.O.R.S.E. tournament, was won by Chip Reese in 2006. In 2010, the $50,000 event changed from H.O.R.S.E. to an "8-game" format, adding no-limit hold 'em, pot-limit Omaha, and 2–7 triple draw to the mix, and was rechristened The Poker Players Championship, with Michael Mizrachi winning the first edition of the revamped event. Since Reese's death in December 2007, the winner of this event receives the David 'Chip' Reese Memorial Trophy in addition to the bracelet and the prize money.
There have been many memorable moments during the main events, including Jack Straus's 1982 comeback win after discovering he had one $500 chip left when he thought he was out of the tournament. The end of the 1988 main event was featured in the movie Rounders. Chris Moneymaker and Greg Raymer, the winners in 2003 and 2004, both qualified for the main event through satellite tournaments at the PokerStars online card room. Jerry Yang, the winner in 2007, had only been playing poker for two years prior to his victory. He won his seat at a $225 satellite tournament at Pechanga Resort & Casino, in California. With the passage of the Unlawful Internet Gambling Enforcement Act of 2006 online poker sites have been barred from purchasing entrance directly for their users.
In the 2023 Main Event, a new record was set for entries and a first-place prize for the first time since 2006. The 2024 WSOP Main Event set a new record for entries.
WSOP Main Event winners
WSOP Main Event records
These records do not include WSOP Europe or Asia Pacific Main Events.- Most Main Event wins: Johnny Moss, Stu Ungar
- Most Main Event final tables: Jesse Alto
- Most Main Event money finishes: Berry Johnston
- Most Main Event wins in consecutive years: Doyle Brunson, Johnny Chan, Johnny Moss, Stu Ungar
- Most Main Event final tables in consecutive years: Bob Hooks, Johnny Moss
- Most Main Event money finishes in consecutive years: Ronnie Bardah
- Highest Main Event earnings: Daniel Weinman
- Youngest Main Event winner: Joe Cada
- Oldest Main Event winner: Johnny Moss
- Most Main Event participations: Howard Andrew
- Oldest Main Event participant: Eugene Calden
Players
Poker Hall of Fame
Since its inception in 1979, the WSOP Poker Hall of Fame has honored 42 individuals. Selection criteria for players include having competed against acknowledged top competition, played for high stakes, and played consistently well to gain the respect of their peers. For non-players, selection is based on positive and lasting contributions to the overall growth and success of poker.Player of the Year
Since 2004, a Player of the Year award has been given to the player with the most points accumulated throughout the WSOP. As of 2025, nineteen different players have won the twenty-four awards, with Daniel Negreanu and Shaun Deeb as the only players to win the award more than once.Only "open" events in which all players can participate count in the standings; this eliminates the Seniors, Ladies, and Casino Employee events. Beginning with the 2006 World Series of Poker, the Main Event and the $50,000 H.O.R.S.E. competition had no effect on the outcome of the winner of the Player of the Year award. In the 2008 World Series of Poker, the $50,000 H.O.R.S.E. event counted toward the Player of the Year award, but the Main Event did not. Since 2009, all open events, including the Main Event, count towards Player of the Year. The Player of the Year standings were based upon performance solely at the WSOP in Las Vegas up until 2010, but beginning in 2011 have also taken the World Series of Poker Europe into account, and starting in 2013 also include events in the World Series of Poker Asia Pacific. The 2011 WSOP Player of the Year organized by Bluff Magazine used a different scoring system which took into account field sizes and buy-in amounts when calculating points earned. This scoring system has been used ever since.
Since 2016, the WSOP payout a bigger percentage of the field.
Bracelets
| Bracelets | Player | Main Event wins | |||||||||
| 17 | ![]() Money finishesInformation correct as of December 23, 2023
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