“A thousand reasons to play, millions of dollars to win”

Rio All Suite Hotel and Casino, home of the WSOP since 2005
Rio All Suite Hotel and Casino, home of the WSOP since 2005

2015 WSOP Main Event

Earlier today the WSOP released a statement with a change to the payout structure of the Main Event 2015. The 46th edition of the tournament will not guarantee a prize for 1st place, rather guarantee that 1,000 places are paid. This would be an increase from the 693 paid last year.

“The dream of life-changing money is core to the DNA of the WSOP Main Event and we also want to make it easier to experience playing in poker’s Big Show,” said WSOP Executive Director Ty Stewart. “Our players understand numbers, and 2015 now presents the best odds ever to leave the Main Event a winner.”

2014 WSOP ME Event champion Martin Jacobson walked away with $10m
2014 WSOP ME Event champion Martin Jacobson walked away with $10m

The reason for the increase in payouts is simple: expansion. Organisers say the Main Event experienced a 5% entrant increase in 2014 and they want to capitalise on that. Many professional poker players (*cough* Daniel Negreanu) were critical of the WSOP’s decision to pay last year’s winner Martin Jacobson $10m, the second-highest payout for 1st place inthe Main Event

Player response

However, the response to the announcement this year has been well received from both players and the media alike as the tweets below show. Only time will tell to see whether the number of entrants this year will eclipse last year’s total of 6,683.

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