World series final event payouts

[ohkanada]

Read an interview with Howard Greenbaum (Harrah's director of poker operations and the man in charge of managing the World Series of Poker) on PokerPages.com.

"For 6600 players in the main event, we expect top prize to be about $7.4 million. We had three goals in mind when we discussed the payouts and estimated field size for the main event:
1. Pay the last money finishers at least $15,000 as a reward for five days of effort.
2. Make every final table player a millionaire. No other sporting event in history has ever approached [prize money of that magnitude].
3. Pay 10% of the field, as this is a standard payout scale, and players are content with that."

Interesting stuff.

Ken