It is now a mere 2 days until the main event of the WSOP begins.
Established in 1968, it was originally little more than a home game as the players had to receive the nod before they could attend. Clearly this was against the spirit of poker. Benny Binion, casino owner and card sharp, hauled it to over to Binion’s Horseshoe and started the process that caused it to evolve to the current format.
In 1971, there were only 6 entrants and the first prize was a mere $30,000. In 2006, swelled by online qualifiers, the tournament saw 8,773 hopefuls contribute a $10,000 entry fee which ultimately handed Jamie Gold a 12m dollar pay day.
It is big business and it appeals …
