This year’s World Series of Poker, was the biggest live poker tournament so far, with about 8,700 players competing for more than $82 million (£44 million) in prize money. Because of the Unlawful Internet Gambling Enforcement Act the 2007 WSOP main event is expected to be much smaller because Harrah’s has announced that it will not accept third party registrations. The $10,000 buy-in is simply too much money for the regular poker player to be able to afford on their own.
Good news for online players though from LADBROKES who is to invest £3 million in its Poker Million tournament next year in an effort to turn the event into a European competitor to Las Vegas’s World Series of Poker. This year’s Poker Million tournament, which is run by Ladbrokes in conjunction with the sports promoter Barry Hearn, will culminate in all those who have qualified via ladbrokespoker.com attending a week-long final at its new casino in Paddington that is televised on Sky Sports.
“The Act (UIGEA) opens up a huge opportunity for an offline poker tournament in Europe to rival the World Series,” said John O’Reilly, managing director of Ladbrokes’s e-gaming division.
The winner will pocket $1.2 million out of a total prize pool of $4.1 million.
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