why WSOP main event only 10K?
 

this makes no sense. what are they going to do when there are 10,000 people who want to play?

why don't they change it to at least 25K, but maybe even 50K?

this would really keep it to what it should be "the biggest and most prestigous tourney in the world"

Re: why WSOP main event only 10K?
 

Because the people who run the tournament dont care about prestige. They want to make it accessible to your everyday Joe.

Re: why WSOP main event only 10K?
 

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what are they going to do when there are 10,000 people who want to play?

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I'm guessing they'll have a little celebration. Harrahs wants the monster turnouts.

Re: why WSOP main event only 10K?
 

As like everything... it has to do with money.

The IRS and the federal government take transaction slips for every cash transaction over $10K in america, whether you are buying a car, making a cash bank deposit, ect. They are called either Race 10K or 10K stipulation forms.

Most poker players... especially people who play poker for a living... don't want the IRS or the feds to find out that someone who hasn't pay taxes for 10 year came up with $25K to enter one poker tournament.

Re: why WSOP main event only 10K?
 

the WPT does 25K and gets a good group/turnout.

people could bring cashiers checks or wire trans. this shouldn't be an issue.

Re: why WSOP main event only 10K?
 

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the WPT does 25K and gets a good group/turnout.

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The WPT has just one $25,000 tournament- the WPT Championship held at Bellagio. It got 452 entries.

The only other WPT tournament with more than a $10,000 entry fee is the Five Diamond World Poker Classic also at Bellagio. It's has a $15,000 entry fee. It got 377 entries.

Here are the # of entries for all WPT tournaments from the recently completed third season.

Grand Prix De Paris: 205
Mirage Poker Showdown ($10,000): 281
Legends of Poker ($5,000): 667
Borgata Poker Open ($10,000): 302
UltimateBet.com's Arupa Poker Classic ($6,000): 647
Doyle Brunson North American Poker Championship ($10,000): 312
Foxwoods World Poker Finals ($10,000): 674
Five Diamond World Poker Classic ($15,000): 377
PokerStars.com Caribbean Poker Adventure ($7,800): 461
World Poker Open ($10,000): 512
L.A. Poker Classic ($10,000): 538
Bay 101 Shooting Stars of Poker ($10,000): 440
Party Poker Million IV ($10,000): 735
World Poker Challenge ($5,000): 361
WPT Championship: ($25,000): 452

Re: why WSOP main event only 10K?
 

I think they should keep the 10k main event, but right before it have a superstars / big gambler's deep-stacked event with a $1,000,000 buy-in.

Re: why WSOP main event only 10K?
 

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this would really keep it to what it should be "the biggest and most prestigous tourney in the world"

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I hear people say this a lot. But I don't see how it is losing ground as the biggest and most prestigous. If it's losing ground, what tournament is taking its place?

Re: why WSOP main event only 10K?
 

Just as a point of interest for those curious, $10,000 in 1971 is almost exactly $50,000 now according to this.

Re: why WSOP main event only 10K?
 

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this would really keep it to what it should be "the biggest and most prestigous tourney in the world"

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I hear people say this a lot. But I don't see how it is losing ground as the biggest and most prestigous. If it's losing ground, what tournament is taking its place?

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Nothing is even remotely close to the WSOP main event.