The World Series of Poker started May 29th in Las Vegas at the Rio All-Suites Hotel and Casino. Sixty Two tournaments give players from all over the world an opportunity for instant notoriety along with enormous cash rewards. Last year’s Main Event Champion Greg Merson won $8.5 million by outlasting a field of 6598 players.
Granted, 6597 players did not win $8.5 million, but they had a chance. Poker players will always maintain the risk was worth the reward if they get their cards in right. The $10,000(buy-in) is the largest obstacle for some good players to put themselves in a position to win $8.5 million.
Tournaments in the WSOP have buy-ins ranging from $1000 to $50,000.
Before Black Friday, many more players from the United States had the opportunity to win a seat online. Those days may be back in the future, but for this WSOP that is not the case. The WSOP offers hope to those players who have the skills to take a seat, just not the disposable income it requires.
The Daily Deep-Stack Tournaments at the Rio are affordable and plentiful. These tournaments allow players on a budget to buy-in for less, have some success and use the rewards from that success to enter the larger buy-in tournaments. Even the professional players take advantage of the opportunity to play for less and fund their craft.
Here is a list of the Daily Deep-Stack Tournaments and some information on each.
$235 Afternoon Deep-stack
Starts at 2p.m.
Average number of players: 950
Average 1st Place Payout: $40,000
$185 Evening Deep-Stack
Starts at 6 p.m.
Average number of players: 150
Average 1st Place Payout: $10,000 plus
$135 Late-Night Deep-Stack
Starts at 10 p.m.
Average numbers of 150
Average 1st Place Payout: $4000