Online Poker Blog

The 2002 World Series of Poker in progress.

From 1971 on, all WSOP events have been tournaments with cash prizes. In 1973 a new event, five-card stud, was added to the main event of No Limit Texas Hold ‘em. Since then new events have been added and removed. In 2006 there will be 42 events at the WSOP, including poker games like Omaha and Razz as well as events only for seniors and women. Event winners get, in addition to their prize money, the coveted golden bracelet.

Doyle Brunson (nicknamed “Texas Dolly”) and Johnny Chan have each won ten bracelets, while Phil Hellmuth has nine. Doyle’s son, Todd Brunson, won a bracelet in a pot-limit Omaha event in 2005, making them the first father/son combo to win at least one event at the WSOP. Also, actress Jennifer Tilly became the second non-poker celebrity to win a WSOP event when she won the Women’s No-Limit Texas Hold-’Em event in 2005. French singer/actor Patrick Bruel won a Limit Hold’em championship in 1998.

The number of participants in the WSOP has grown every year, and in recent years the growth has exploded. In 2000 there were 4,780 entrants in the various events, but in 2005, the number rose to over 23,000 players. In the main event alone, participants grew from 839 in 2003, to 2,576 in 2004, to 5,619 in 2005. For the 2006 main event, a cap of 8,000 players has been established. Much of this growth can be attributed to the WSOP airing on ESPN and the World Poker Tour being shown on the Travel Channel, along with other USA television over-the-air and cable networks such as Fox Sports Net and their “Poker Superstars” series, Bravo with the “Celebrity Poker Showdown” series and GSN with their “Poker Royale” series, as well as the boom in online poker cardrooms on the World Wide Web.

Like most tournaments, the sponsoring casino takes a “rake” (a percentage of between six and ten percent, depending on the buy-in amount) from the buy-ins and distributes the rest, hence the prize money increases with more players. In the 2005 main event $52,818,610 (US) in prize money was distributed, including a $7.5 million first prize. Subtracting the $10,000 buy-ins, over $47 million was won by 560 players in the event. Carl Ygborn finished “on the bubble” (in 561st place), and Harrah’s gave him a free entry into the 2006 Main Event.

One event, that was scheduled for Biloxi, Mississippi, was canceled after the Grand Casino Biloxi, which was scheduled to host the event, suffered major damage from Hurricane Katrina. The Rio also hosted the 2006 World Series of Poker, which began on June 25 with satellite events and formally began the day after with the annual Casino Employee event, won in 2006 by Chris Gros. 2006 featured the “Tournament of Champions” on June 25 and 26, won by Mike Sexton. Various events led up to the main event, which was held from July 28 until August 10. The first prize of $12 million was awarded to Jamie Gold.

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

Video: Jennifer Harman vs Corey Zeidman at the WSOP 2005 Main Event

A chip race is an event that takes place in poker tournaments, especially those with an escalating blinds (such as Texas hold ‘em), in which chips of denominations that are no longer needed (as the current and upcoming blinds are more easily played with larger chip values) are removed from play. This has the effect of reducing the number of physical chips in front of any player, and makes it easier for the players to count their stacks and their bets.

In a typical chip race:

1. All players color up their lesser-valued chips into greater denominations. For example, if the blinds have increased to a level where $5 chips are no longer needed to post blinds, each five $5 chips will be exchanged for a $25 chip. Players will temporarily keep any leftover chips that cannot be fully colored up to larger chips (less than 5 $5 chips in the above example).
2. All leftover chips are counted, and equivalent chips in the larger denomination are presented to the table. Continuing the example, if there are 15 $5 chips remaining among 6 players, 3 $25 chips are prepared. In the event the remaining smaller chips do not add up to a whole larger chip, an extra larger chip should be added as long as the leftover smaller chips total more than half a single larger chip.
3. Each player with leftover chips in the smaller denomination will receive one card for each chip. The cards are typically dealt face up, starting from the small blind position for the upcoming hand. Each player due to receive cards will receive all of his cards before the next player, rather than a “traditional” card deal; the player on the little blind, for example, who is due to receive three cards for his three chips, will receive all three of his cards before the big blind receives any.
4. The larger chips are issued to the players with the highest single cards showing (poker hands do not count). No player is issued more than one chip. Ties (cards of the same rank) are broken by suit, using the same bridge (ascending alphabetical) order of the suits: Spades are highest, followed by Hearts, Diamonds, and Clubs. All remaining lesser-value chips are removed from play.

A chip race cannot eliminate a player from the game. In the event a player’s last smaller-denomination chips are removed from play as part of the chip race, he automatically gets one colored up chip if one is available. Any leftover colored up chips go to the winner(s) of the chip race as described above.

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

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Fixed-odds gambling and Parimutuel betting frequently occur at or on the following kinds of events:

• Horse racing
• Greyhound racing
• Jai alai
• Football matches (particularly on Association and American football)
• Golf
• Tennis
• Cricket
• Baseball
• Basketball
• Ice hockey
• Rugby (League and Union)
• Snooker
• Motor Racing
• Boxing
• Darts

In addition many bookmakers offer fixed odds on a number of non-sports related outcomes, for example the direction and extent of movement of various financial indices, whether snow will fall on Christmas Day in a given area, the winner of television competitions such as Big Brother, and so forth. Interactive prediction markets also offer trading on these outcomes, with “shares” of results trading on an open market.

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

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Types of poker

While some tournaments offer a mix of games, like H.O.R.S.E. events which combine Hold’em, Omaha, Razz, Stud and Stud Eight or Better and Dealer’s Choice events, at which one may choose from a similar menu of games, most tournaments feature one form of stud or community card poker, such as seven-card stud, seven card high-low stud, Omaha Hold ‘em or Texas Hold ‘em. Both Omaha and Texas Hold’em tournaments are commonly offered in fixed-limit, pot limit, and no limit forms.

Tournament venues

Informal tournaments can be organized by a group of friends; for example, most colleges feature poker tournaments. Casinos and online gaming sites often offer daily tournaments.

However, these are not the only venues. Several World Poker Tour venues are cruise ships at sea. The 2005 World Series of Poker primarily took place in the conference hall of the Rio Hotel in Las Vegas.

Major tournaments

The two largest and most well-known tournaments are the World Poker Tour championship event and the World Series of Poker, held at Binion’s Horseshoe casino in Las Vegas. The World Series has traditionally been featured on ESPN.

The 2005 World Series of Poker was the first held outside of Binion’s Horseshoe Casino, though the final few days of the main event were held in the legendary Benny’s Bullpen. Future tournaments will be held at one of the Harrah’s Entertainment properties; 2005 saw the Rio as primary venue.

Arguably the most publicised European tournament is the Poker Million, which began in 2000 on Sky Sports, following on from the success of the Late Night Poker television show.

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

A poker tournament is a tournament at which the winners are decided by playing poker, usually a particular style of poker.

Contrast this to a ring game, where the game is ongoing with no formal structure to determine a single winner in a certain length of time.

Types of poker

While some tournaments offer a mix of games, like H.O.R.S.E. events which combine Hold’em, Omaha, Razz, Stud and Stud Eight or Better and Dealer’s Choice events, at which one may choose from a similar menu of games, most tournaments feature one form of stud or community card poker, such as seven-card stud, seven card high-low stud, Omaha Hold ‘em or Texas Hold ‘em. Both Omaha and Texas Hold’em tournaments are commonly offered in fixed-limit, pot limit, and no limit forms.

Tournament venues

Informal tournaments can be organized by a group of friends; for example, most colleges feature poker tournaments. Casinos and online gaming sites often offer daily tournaments.

However, these are not the only venues. Several World Poker Tour venues are cruise ships at sea. The 2005 World Series of Poker primarily took place in the conference hall of the Rio Hotel in Las Vegas.

Major tournaments

The two largest and most well-known tournaments are the World Poker Tour championship event and the World Series of Poker, held at Binion’s Horseshoe casino in Las Vegas. The World Series has traditionally been featured on ESPN.

The 2005 World Series of Poker was the first held outside of Binion’s Horseshoe Casino, though the final few days of the main event were held in the legendary Benny’s Bullpen. Future tournaments will be held at one of the Harrah’s Entertainment properties; 2005 saw the Rio as primary venue.

Arguably the most publicised European tournament is the Poker Million, which began in 2000 on Sky Sports, following on from the success of the Late Night Poker television show.

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

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