Short Background on the World Series of Poker

Poker has been popular to all households for the past decades. Numbers of professional poker players are drastically increasing. Due to its increasing popularity as well, poker tournaments are established to honor the best player among the qualified finalists.

World Series of Poker (WSOP) is one of the most popular poker tournaments that are held annually. It is usually held in Las Vegas but as years went by, different commercial venues are offered for players to enjoy not only the game but as well as the vacation in a beautiful scene. An invitational WSOP was in the year 1970 were only 52 participants joined the main event.

The first World Series of Poker Tournament has a limited betting structure and should be played on a definite time. It is a series of cash games that included the poker variants like the five-card stud, deuce to seven low-ball draw, razz, seven-card stud, and Texas Hold'em.

Enormous cash prices await every winner of the WSOP tournament. Aside from the cash prices that a winning player will receive, they will also be given a chance to take home a gold bracelet from the WSOP main event. Another thing to run for is the unofficial title for the World Champion of poker. The Champion player will also be given the chance to include its picture in the Gallery of Champion at Binion's. A buy-in of $ 10,000 No-Limit Texas Hold'em has been the main event for the said tournament.

Mechanics and rules of the World Series of Poker every year experience revision and improvements to meet the growing numbers of participants all over the world. Recently, they have added the $ 50,000 H.O.R.S.E. on the main event celebration of the WSOP. H.O.R.S.E. is another form of poker that is played at the high bets' tables of casinos that will help the jury determine the ultimate World's Best player of the year. Texas Hold'em, Omaha eight or better, Razz, Seven Card Stud and the Seven Card Stud eight or better are the five poker variants played under H.O.R.S.E.

Among the crowned champions of the WSOP since 2000 are Chris Ferguson, Juan Carlos Mortensen, Robert Varkonyi, Chris Moneymaker, Greg Raymer, Joe Hachem, Jamie Gold, Jerry Yang, Peter Eastgate, Joe Cada.

The beginning of the World Series of Poker has shown a slow improvement. It was ten years after the first launching of the World Series of Poker that satellite tournaments are introduced. Now, number of aspiring poker players to win a World title is increasing and as of today hundreds of professional poker players are already making a good track record in the gaming industry.

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