WSOP : Poker Player

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World Series of Poker (WSOP)

Back in the early days a handful of players cometed in the Wold Series of Poker, in 2002 there were 631 players competing in the $10,000-buy-in WSOP and in 2004 the player pool grew fourfold, exceeding 2,500!

Ten years ago, the entire 1995 WSOP awarded $10,904,500, which was the first year that total prize money exceeded the $10 million mark. Based on projections, the total prize pool for the entire 2005 WSOP could reach $100 million! This makes the WSOP the richest competition in all of sports! The game is filled to the brim with young players hoping to scoop up their first big pot.

Click here to read about qualifying to the 2006 WSOP.

WSOP 2005 Finals

Event #42 No Limit Texas Holdem World Championship
Buy-in: $10,000
Number of Entries: 5,619
Total Prize Money: $52,818,610
Top 560 players received a cash prize

Money Won at WSOP

The growth of the WSOP has been astounding. In 1972 Thomas "Amarillo Slim" Preston won the WSOP title and $80,000. The tournament only had eight participants! In 2000 there were 518 participants and Chris Ferguson become World Champion giving him $1,500,000 in prize money. In 2003 Chris Moneymakers (yes it is an appropriate name) paid just $39 to enter the championship via an online competition and won the whole tournament and $2,500,000! Talk about making a return on investment! Chris' win really sparked life into every single poker player around the world. In 2004 the number of participants had grown to 2,576 and the first prize was $5,000,000, which Greg Raymer won.

In 2005 5,618 participants battled for a piece of the massive $52,818,610 prize pool. The last man standing was Joseph Hachem and he won a cool $7,500,000. Steve Dannenmann came second and it was friend of Dannenman's who initially split the $10,000 entry fee with him each putting up half of the money. After Dannenman's second place they went to the cashier's at the Rio and split the money 50/50 ($4,250,000)!

Joseph Hachem's hand: 3-7
Steve Dannenmann's hand: A-3
The flop: 4-5-6
The turn: A (Hachem bet 2 million in chips. Dannenman raised to 5 million and Hachem re-raised all-in and Dannenmann called)
The river:4
The result: Joe Hachem wins with a straight 3-4-5-6-7.