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World Series Of Poker
2002
 Betting
LAS VEGAS
April 19th - May 24th, 2002

 
Jesse May in
Las Vegas
World Series Betting


For betting details please refer to
 

 
The World Championship - explained
Jesse is reporting on The World Championship which runs 20th - 24th May. Its the last of a month long series of poker tournaments that are known collectively as the World Series of Poker. The buy-in, or amount of money each player has to pay to play, is $10,000. Last year there were 613 players which produced a prizepool of $6,130,000 and 1st prize of $1,500,000. This year predictions suggest more than 700 but we wait and see.

The game these top players are playing is Texas Holdem and the betting rules are defined as No-Limit. This means that when its a players turn to bet, they may bet anything that they have infront of them. It is also a freezeout tournament, which means to say that when all of a players chips are gone, they are out of the event. Until next year.

On each of the five days, players are slowly knocked out of the tournament and the numbers gradually reduce. The fourth day will see the final five tables, 45 players, play on until there are only nine left. These players will be those that make up the final table to play to a finish on the fifth and final day. The last person standing will be the new World Champion. In thirty years three people have successfully defended their world title. Doyle Brunson '76&'77, Stu Ungar '80&'81 and Johnny Chan in '87&'88.
 
 
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