WSOP 2005

[TryingHard]

Ok, Guys this is what I've come up with, please read through. Let me know any mistakes I've made, even spelling and grammer as I'll be posting this on my site.. thanks again for your help

What Will Become of The WSOP 2005

This years World Series of Poker(WSOP) will be held at the Rio All Suite Hotel and Casino in Las Vegas due to the estimated 6000 entrants. Organizers will split the field in thirds, and will start each third on three successive day one's. The Rio Casino can hold a maximum of 2200 on each day allowing a maximum field of 6600 with the final two days being held at Binons. Allowing the final table to traditionally take place within the horse shoe casino seems to be something the WSOP tries to keep the same throughout the 35 years the tournament has been running.

In 1970 the Benny Binion decided to create a battle of poker giants declared the 'World Series of Poker'. Some of the greatest players alive were destined to take place in poker war to resolve who would receive the title of 'World Champion'. 7 players took place in the very first WSOP and Johnny Moss was voted the best player, becoming the first ever 'World Champion of Poker'.

Since 1970 the number of entrants as well as events increased. Just 30 years later in 2000 there were 4780 total entrants in many different events, and in 2003 839 entrants took place in the main event. Poker went sky high in 2004 when 2575 players took place in the $10,000 Buy-In main event. That year a staggering 13000 entrants took place in the 36 events, including exclusive events for casino staff, seniors and women.

Just around the corner we are faced with the 36th 2005 WSOP which Starts July 7th and ends with the final table for the main event on July 15th. With the estimated 6000 entrants, this years winner should take a healthy $8 million for 1st place along with a world title, the bracelet and there photo in the hall of fame in Binons Horse Shoe Casino.

With the entrants for the main even becoming so huge, many people are wondering what will the future hold for the WSOP. Suppose in 2006 around 8000 people want to enter the main event, what now?. Perhaps the entry fee will be increased from the traditional $10,000 Buy-In, after all the Buy-In has been the same for the last 35 years. $10,000 is no small change to your average person, but if you compare the Buy-In of $10,000 35 years ago then you will see this entry fee was worth a lot more in those days. The event could also have a cap to the number of entrants allowed to play or the days of the main event could be lengthened. Whatever happens, time will only tell.

Online sites don't seem to cater for the smaller events, I'm unsure to why they seem to skip running satellites for these tournaments as the prizes are still huge, less entries and you still receive a gold bracelet for coming 1st. Not only that you still get your name listed as a winner of a major event, you still get to play with the pros and you don't need as much stamina. Lets take event 15 of the 2004 WSOP for example, with a $2000 Buy-In, limit event and 287 entrants, it lasts just 2 days and a prize pool of $528,080. Even if your the worst player there your chances of winning are 287 to 1. If the online sites ran satellites for these small events more people would get the chance to go to the WSOP. Did I mention $169,100 for 1st, now that's a nice return on $2000 and if you've played some $30 satellite, well that's even better.

Prize pool for Event 15, 2004 WSOP, $2000 Buy-In, Limit Hold'em, 287 entrants
1st $169,100
2nd $92,940
3rd $147,520
4th $36,960
5th $31,680
6th $26,400
7th $21,120
8th $15,840
9th $10,560
10th $6,340
right down to 27th who takes $3,160

Here's a look at some of the other 36 events that took place in the 2004 WSOP.

Event 31 Pot Limit Omaha, Buy-In $5,000, Entries 145 + 87 rebuys, 1st paid $500,000
Event 30 No Limit Hold'em, Buy-In $3,000, Entries 651, 1st paid $503,160
Event 29 Limit Hold'em, Buy-In $5000, Entries 213, 1st paid $323,360
Event 25 Pot Limit Hold'em, Buy-In $3,000, Entries 316, 1st paid $270,420
Event 23 No Limit Hold'em, Buy-In $1,500, Entries 834, 1st paid $300,300
Event 2 No Limit Hold'em, Buy-In $2,000, Entries 834, 1st paid $400,000

In 2003 and 2004 Internet players won the WSOP having qualified online. Chris Moneymaker turned a $39 online satellite into $2.5 million and the following year Greg "Fossilman" Raymer turned a $160 satellite into a cool $5 million. Now both Chris and Greg travel the world playing in different poker events with lots of advertising and opportunities thrown there way. Both now have places in the "Hall of Fame" in Binions Horseshoe Casino along with other poker greats, Chris and Greg will go down in Poker History forever.

Many people and the media assumed as Greg Raymer qualified online he was a novice player, this is in fact very untrue. Greg Raymer did work for a living as former patent attorney. However he regularly played $150-$300 at foxwoods near where he lives with average pots of $1,500, he's no small time player. Greg made an arrangement with his wife years ago that he was allowed $1000 to play poker with and if he lost that money he'd give up the game. He moved up the limits from $3-$6 slowly all the way up to $150-$300 winning a few big tournaments on the way.

He's been studying the game for 12 years reading books and chatting about poker as much as possible online. Greg's tournament strategy was to know where everything was whilst playing at the WSOP, everytime they got a 15 minute break Greg wouldn't stay at Binions, he'd run across the street to another casino to use there bathroom avoiding all the long cues, he'd then by himself a 44oz soft drink of diet coke to help him through the game. His famous glasses also made it hard for players to take him seriously, looking into his lizard eyes really put some players off. At no point in the tournament was Greg afraid of losing his stack, his lack of fear, confidence, experience, stamina, concentration, patience, skill and dedication to the game certainly paid off that day. Greg "FossilMan" Raymer collected $5 Million winning the prestigious poker competition in the world.

Another topic in the poker community seems to be, who will win this years main even?. Out of the 6000 plus expected entrants for this years 2005 WSOP. A mixture of celebrities, hyper aggressive Internet players, the pros, players of from every age, gender and race will take part in the main event. But the question on everyone's lips is: Who will win?.

Perhaps a celebrity will win, maybe an outnumbered pro will battle through the Internet players or could this year be the year of the woman, everyone wants some of the action. Could Dan Harrington make the Final Table for the 3rd year in a row, maybe an online player win for the 3rd year in a row or will Greg Raymer come back defending his title for the second year running.

Out of the 2576 runners for the WSOP 2004 main event around 1200 of them were online qualifiers, the 2005 WSOP No Limit Main Event with a $10,000 Buy-In is expected to have around 6000 runners around half of them winning their entries online.

Benny Binion was extremely excited by the passion of poker players taking part in the WSOP, his dreams were making poker a world famous game. His dream has now come true . Poker has never been bigger, its online, its on many TV channels, magazines and radio, not to forget numerous home games, casino's and poker rooms spread across the world.

Poker is big and it's here to stay, we thank you Benny.....

[riverdance]

assuming 6600 entries, how many places get paid?

[twistedbeats]

you used the wrong there, the wrong your, i bet if i kept looking, the wrong its. there's run on sentences, tense changes, and all that stuff english teachers mark down for. not to mention unnecessary cliches in almost every paragraph. i'll give you a 72/100. not bad.

[jedi]

[ QUOTE ]
Online sites don't seem to cater for the smaller events, I'm unsure to why they seem to skip running satellites for these tournaments as the prizes are still huge, less entries and you still receive a gold bracelet for coming 1st.

[/ QUOTE ]

Why are you unsure? Profitablity is the key here. Satellites for the smaller events aren't worth the manpower it takes for site to set up hotel stays for the smaller events and the apparell for the winners. The small advertising isn't worth it.

[TryingHard]

[ QUOTE ]
you used the wrong there, the wrong your, i bet if i kept looking, the wrong its. there's run on sentences, tense changes, and all that stuff english teachers mark down for. not to mention unnecessary cliches in almost every paragraph. i'll give you a 72/100. not bad.

[/ QUOTE ]

Thanks alot, I'll look into that, as you can tell my english is pretty poor.

[Steve Chase]

It is typically top 10%. So about 600 people will get paid for 6000 entries.