The grandest of all holdem tournaments that are held in the whole world is World Series of Poker (WSOP). WSOP is a series of tournaments that is held annually in Las Vegas. Since, 2005, Harrah’s entertainment has been one of its leading sponsors. The origination of this tournament dates back to the year 1970. In 1970, it was Benny Binnion, who invited seven best poker players to horseshoe Casino for a single tournament. There was a start and stop time that was fixed and the in this way the tournament began.
The player who wins each and every Texas Holdem tournament is awarded with World Series of Poker (WSOP) bracelet along with a cash prize worth millions of dollars. The amount of cash prize is decided on the basis of number of entrants and buy-in amounts. This is the reason that over years the amount of the cash prizes are also going high as the number of entrants are also increasing. Each year, World Series of Poker concludes with $10,000 no-limit holdem “Main Event”. Since 2004, thousands of people have been participating in the “Main Event”. The winner of World Series of Poker is known to be the World Champion of Poker for that year. In the recent years, some other poker variants have become a part of the WSOP events otherwise every year more than half of the events features Texas Hold ‘em games.
Nowadays, many holdem tournament online are been held wherein the top online casinos are offering a direct entry into WSOP. There were about 4,780 entrants in the World Series of Poker (WSOP) in the year 2000 and the number increased to more than 23,000 in the year 2005. Thus, WSOP is one such tournament that is no less than a dream for the poker players.
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