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World Series of Poker

The World Series of Poker (WSOP) is the biggest and baddest poker tournament in the world. Born out of a high-stake dare in the summer of 1949 between Nicholas �Nick the Greek� Dandolos and Johnny Moss. Many Online poker sites today offer guaranteed seats to the WSOP events. Play poker online now and get the chance to play at the WSOP!

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Tuesday, August 01, 2006

2006 WSOP Champ To Receive $12 Million

LAS VEGAS, Aug. 1, 2006–The winner of the $10,000 No-Limit Texas Hold’em World Championship at the 37th annual World Series of Poker presented by Milwaukee’s Best Light will take home a record $12 million, the largest single-event prize in live poker history.

The final payout schedule for the championship, commonly known at the World Series of Poker Main Event, awards each of the top 12 finishers at least $1 million. The total net prize pool for the Main Event swelled to more than $82.5 million, bringing the total net prize pool for all 2006 WSOP events to more than $154 million.

“This World Series of Poker stands out as the best in the tournament’s illustrious 37-year history,” said WSOP Commissioner Jeffrey Pollack. “Never before have so many people from around the world competed for so much prize money and the honor of winning the most coveted prize in all of poker — the World Series of Poker champion’s bracelet.”

A total of 8,773 people entered the 2006 WSOP Main Event, which began July 28 at the Rio All-Suite Hotel & Casino. The previous participation record for a live poker event — 5,619 players — was set at the 2005 Main Event.

The 37th annual World Series of Poker also shattered all prize money records for live poker events. The prize pool of $82.5 million eclipsed the roughly $53 million record set at last year’s Main Event. The more than $154 million total net prize pool for all 2006 events is up from more than $103 million in 2005.

For the first time in live poker history the $1 million prize threshold will extend beyond the final table. In addition to the $12 million top prize, the following amounts will be awarded to the top finishers at this year’s World Series of Poker Main Event:

2nd place: $6.1 million 3rd place: $4.1 million 4th place: $3.6 million 5th place: $3.2 million 6th place: $2.8 million 7th place: $2.3 million 8th place: $1.9 million 9th place: $1.5 million 10th place: $1.1 million 11th place: $1.1 million 12th place: $1.1 million 13th place: $907,128 14th place: $907,128 15th place: $907,128

Play at the final table of the 2006 World Series of Poker Main Event will begin Aug. 10 with nine participants.

The top 873 players in the 2006 Main Event will win money, with the 873rd finisher getting $14,597.

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