Re: WSOP entry fee and inflation
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The first WSOP was held in 1970. If you take $10,000 from 1976 and adjust it for inflation you will have the equivalent of about $2,000 today. many suggest this entry fee is too small and for many different reasons.
My question is do you think it (the WSOP $10K event entry fee) is now too small and why?
Jimbo
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Just to be pedantic, according to the Bureau of Labor Statistics, $10k today is roughly equivalent to $3k in 1976; conversely, a $10k fee in 1976 is equivalent to $33k today. In that sense, a $10k entry fee is not as significant today as it was ~30 years ago and you could argue it needs to be increased as a result.
More importantly, the WSOP is no longer the most exclusive high-dollar poker event. Many of the WPT events have $10k buy-ins and the championship is $25k. The WSOP should be at least $25k, maybe even $50k, if it wishes to remain the premier event.
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