Poker Omnibus W50P

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World Series of Poker Introduction

The World Series of Poker.

It's a festival, a season, and an institution.

It's an annual pilgrimage for some and a once-in-a-lifetime adventure for others.

It's high-buyin events for the top pros and wealthy businessmen who can afford them and satellites into lower-buyin events for those who can't.

It's the ultimate individual competition that tests a multitude of skills including probability-calculation, people-reading, and patience.

It's the camaraderie of friends, family, and complete strangers rooting from behind the rail.

It's special events for teams, employees, seniors, and women. It's open events for anyone with a dream.1

It's about the immortality granted by a world championship title, or the prestige of a coveted bracelet, or the accomplishment of reaching a final table, or the satisfaction of cashing, or the thrill of rubbing elbows with celebrities and top pros, or just the joy of playing.

It's so many things to so many different people that it would take a book to describe... Or even more. The Poker Omnibus W50P, slices and dices, examines and explains, and investigates and interprets over half a century of the World Series of Poker in ways that have never been done before.

When the World Series of Poker2 was born in 1970, its main purpose was to attract customers to the Binion's Horseshoe to get them to gamble at the table games and slot machines to enrich the casino.

But as the festival grew, it took on a life of its own. The number of events and the number of players in each event continued to grow almost every year until the Horseshoe had to borrow tables and floor space from other casinos to handle them all. One-day tournaments expanded into multiple days, with the Main Event even stretching to a full fortnight of action.

The WSOP outlasted the Horseshoe itself. In 2004, Harrah's Entertainment bought both the struggling Horseshoe and the World Series of Poker, sold off the casino, and moved the WSOP to the Rio All-Suite Hotel and Casino. The timing couldn't have been better. Poker was booming, and the 2004 festival, despite a reduction in the number of events, nearly doubled the total number of players and more than doubled its prize pool in large part due to the explosion of online poker and a humble accountant-turned-world-champion named Chris Moneymaker.

The number of players in Las Vegas WSOP events topped 50,000 in 2007, 100,000 in 2015, and 180,000 in 2019. The number of events grew almost every year, topping 50 in 2007, 60 in 2012, 70 in 2017, and would have topped 100 in 2020 if not for COVID-19, which led to a slightly smaller online summer festival.

Along the way, the WSOP added a Ladies Championship (1977), satellite tourneys (1982), a Seniors Championship (2001), a WSOP Circuit (2005), a European festival (2008), an Asia-Pacific festival (2013), a Super Seniors Championship (2015), online events (2015), and much more.

The amazing journey continues as each year, each event, and each player add their fascinating tales to the ongoing story of the World Series of Poker.