Main Event

Since 1972, the Main Event of the WSOP has been the $10,000 buy-in no-limit Texas Hold 'Em (NLHE) tournament (in 1971 the buy-in was $5,000 and the inaugural 1970 event was an invitational with winner determined by a vote). Winners of the event not only get the largest prize of the tournament and a gold bracelet, but additionally their picture is placed in the Gallery of Champions at Binion's. The winner of the Main Event has traditionally been given the unofficial title of World Champion. However, some believe that no-limit hold 'em is not the optimal structure for determining a champion poker player. In 2002, Daniel Negreanu argued that the Main Event should switch to pot-limit hold 'em, believing that pot-limit required a more complete set of poker skills than no-limit, although he admitted that such a change would likely never be made.[10] However, many of the game's top professionals, including Negreanu, have since stated that the recently-added $50,000 H.O.R.S.E./Poker Player's Championship event is the one which ultimately decides the world's best player. The $50,000 buy-in, being five times larger than the buy-in for the Main Event, has thus far tended to deter amateurs from playing in this event, and the variety of games played require a broader knowledge of poker. The first $50,000 event, conducted as a H.O.R.S.E. tournament, was won by Chip Reese in 2006. In 2010, the $50,000 event changed from H.O.R.S.E. to an "8-game" format, adding no-limit hold 'em, pot-limit Omaha, and 27 triple draw to the mix, and was rechristened The Poker Player's Championship,[11][12] with Michael Mizrachi winning the first edition of the revamped event.[13] Since Reese's death in December 2007, the winner of this event receives the David 'Ch

p' Reese Memorial Trophy in addition to the bracelet and the prize money.[14] The Gallery of Champions in 1979. There have been many memorable moments during the main events, including Jack Straus's 1982 comeback win after discovering he had one $500 chip left when he thought he was out of the tournament. The end of the 1988 main event was featured in the movie Rounders. Chris Moneymaker and Greg Raymer, the winners in 2003 and 2004, both qualified for the main event through satellite tournaments at the PokerStars online card room. Jerry Yang, the winner in 2007, had only been playing poker for two years prior to his victory. He won his seat at a $225 satellite tournament at Pechanga Resort & Casino, in California. With passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 online poker sites have been barred from purchasing entrance directly for their users. The Poker Player's Championship is a $50,000 buy-in event at the World Series of Poker (WSOP). Added in 2010, it replaced the former $50,000 H.O.R.S.E. World Championship as the highest-stakes mixed games event.[1] Up until the 2012 World Series of Poker, it was the highest-buy-in poker tournament featured at the WSOP. Unlike previous five-game rotation of H.O.R.S.E., The Poker Player's Championship features an eight-game rotation containing limit 27 triple draw lowball, limit Texas hold'em, limit Omaha/8B, limit razz, limit seven-card stud, limit seven card stud/8B, no limit Texas hold'em with antes and pot limit Omaha, in that order. The final table was played out exclusively in no limit Texas hold'em in 2010 and 2011 to appeal to television viewers.[1] In 2012, the event was not televised and was played out in full 8-game format for its duration.