World Series Of Poker Looking To Host The Largest Live Tournament In History Next YearWSOP To Run $5M Guarantee With $565 Buy-In |
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On Tuesday, the World Series of Poker issued a “save the dates” announcement that provided some insight into what the 2015 summer festival will look like. The full schedule is expected to be released sometime next month, the WSOP said.
The WSOP said that events will begin on May 27 and will conclude when the main event reaches its November Nine final table on July 14. Events will once again be at the Rio.
The WSOP is again guaranteeing $10 million to the winner of the main event.
“We believe the WSOP is uniquely able to deliver the big event with life-changing money for some and a life-experience for all,” WSOP Executive Director Ty Stewart said.
Returning are the “Monster Stack” and “Millionaire Maker” tournaments, which allow no-limit hold’em players a chance to turn a smaller buy-in into a seven-figure payday. However, those two tournaments could be trumped by a new event the WSOP has added for next summer.
The WSOP wants to “deliver the largest field ever to play in a live poker tournament” by holding a tournament dubbed “the Colossus.” The event has starting days on Friday, May 29 and Saturday, May 30, and it will feature a $5 million guaranteed prize pool, with a buy-in of just $565.
There will be two starting flights each day—at 10:00 a.m. and 4:00 p.m.—with a re-entry format (limited to flights they have not previously entered). The tournament will begin with blinds of 25-50 and a 5,000-chip starting stack. Antes will come into play later on.
The attendance record for a live poker tournament is the 2006 WSOP main event, which had 8,773 players. The Colossus will be measured in terms of entries, and it’s probably unlikely that it gets more unique players than the 2006 no-limit hold’em championship.
Given the guarantee and the buy-in, the event will need 8,850 entries for the WSOP to not lose money hosting it. So, if there’s no record there will be an overlay.
There will be no $1 million buy-in event this year. Instead, the $111,111 “One Drop High Roller” will return. In 2013, Anthony Gregg won it for $4.8 million.
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