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World Series Of Poker
2001 |
LAS VEGAS April 19th - May 18th, 2001  |
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THIS YEARS WORLD SERIES |
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Venue |
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The tournament has been held every year from 1971 inside Binion's Horseshoe at 128 Fremont Street Las Vegas, NV 89101. This to everyone in the know of Vegas is the heart of Downtown. Downtown is the original Vegas, built close to the railroad station.
The Horseshoe was originally the the El Dorado Club but Benny Binion bought that in 1951 when it then became the Horseshoe Club and later the Binion's Horseshoe that is known the world over. |
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Background |
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Nicholas "Nick the Greek" Dandolos - considered by many to be the finest poker player in the world during the 1950s—longed for some heads-up action. Benny called his old Dallas friend, Johnny Moss, and the game was on. This legendary match graduated into staggering stakes as the two lions took turns attacking and retreating. Crowds seemed to come from nowhere, and the publicity cascaded. Many in the crowd stuck around to try their luck at the casino games. The publicity, Benny noted, was free. Johnny Moss ultimately won the five-month marathon dubbed "The biggest game in town"—an estimated $2 million. When "The Greek" lost his last pot, he rose from his chair, bowed slightly, and uttered the now-famous phrase, "Mr. Moss, I have to let you go." Dandolos then went upstairs to bed. The crowd buzzed and stayed.
The idea for a World Poker Championship was born. But it wasn't until 1970 that Binion decided to re-create this excitement and stage a battle of poker giants--dubbed the "World Series Of Poker"--to determine who would be worthy of the title "World Champion." Some of the best players in the country were assembled, and Johnny Moss came out on top. The decision was democratic in that the champion was decided by popular vote.
The following year, the winner was determined by a freezeout competition, with players being systematically eliminated until one player had all the chips. Moss again was declared the World Champion. In 1972, when Thomas "Amarillo Slim" Preston won the title and went on the talk-show circuit, the WSOP began to gain a wider following. |
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History |
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Since "Amarillo Slim" won in 1972, the freezeout format has remained with the championship event and the game is still No-Limit Holdem. The buy-in has always been $10,000 and those 8 players in 1972 created a first prize of $80,000 for Slim. Johnny Moss got $30,000 the year before. The Championship event was "winner-takes-all" until 1978!
From 1972 into the nineties the number of players steadily rose. Closing in on the millenium however saw a massive increase. In 2000 there were 512 players in the main event creating a first prize of $1,500,000.
In 1971 there was only the championship event. In '72 a 5-card stud championship was introduced and in '73 there were five individual championships other than the main event. In the forthcoming 2001 event there will 24 seperate championships besides the final $10,000 event.
In 2000 a record-smashing 4,922 entries paid $15,392,500 to play in a month-long poker festival. In 2001 that record is expected to be beaten. |
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Schedule |
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Date |
Event |
Buy-in |
21/04 |
Texas Hold'em (limit) |
$2,000 + $100 |
22/04 |
Omaha Hi-Lo Split |
$1,500 + $90 |
23/04 |
Seven Card Stud |
$1,500 + $90 |
24/04 |
Texas Hold'em (no-limit) |
$2,000 + $100 |
25/04 |
Omaha (limit) |
$1,500 + $90 |
26/04 |
Seven Card Stud Hi-Lo Split |
$1,500 + $90 |
27/04 |
Omaha (pot-limit) Rebuys First Two Hours |
$1,500 + $90 |
28/04 |
S.H.O.E. 7 Stud + Hold'em + Omaha 8/B + Stud 8/B |
$2,000 + $100 |
29/04 |
Texas Hold'em (limit) |
$3,000 + $120 |
30/04 |
Seven Card Stud |
$2,500 + $100 |
01/05 |
Texas Hold'em (pot-limit) |
$2,000 + $100 |
02/05 |
Razz |
$1,500 + $90 |
03/05 |
Omaha (pot-limit) Rebuys First Two Hours |
$2,500 + $100 |
04/05 |
Seven Card Stud Hi-Lo Split |
$2,500 + $100 |
05/05 |
Ace to Five Draw Lowball |
$1,500 + $90 |
06/05 |
Omaha Hi-Lo Split |
$2,500 + $100 |
07/05 |
Deuce to Seven Rebuys First Three Hours |
$5,000 + $150 |
07/05 |
"The Seniors Championship" Texas Hold'em (no limit) |
$1,000 + $75 |
08/05 |
Texas Hold'em (pot-limit) |
$3,000 + $120 |
09/05 |
Seven Card Stud |
$5,000 + $150 |
10/05 |
Texas Hold'em (no-limit) |
$3,000 + $120 |
11/05 |
Omaha Hi-Lo Split |
$5,000 + $150 |
12/05 |
Texas Hold'em (limit) |
$5,000 + $150 |
13/05 |
Women's Championship (1/2 Hold'em 1/2 Stud) |
$1,000 + $75 |
May 14-18 Monday-Friday
CHAMPIONSHIP EVENT TEXAS HOLD'EM (NO-LIMIT)
BUY-IN $10,000 Based on 450 Entrants - First Place $1,500,000 |
ALL TOURNAMENTS BEGIN AT NOON |
Texas Hold'em has been the major game since the WSOP inception but many other poker variants have been played as regular individual championships. Some odd tournaments have been played in the past, like Chinese Poker and Mixed Doubles tournaments but the main poker variants fill out what has become a month long event.
The buy-in differences give an extra level to each discipline beside the betting variations. So for Texas Hold'em there are 9 unique tournaments, 3 limit, 2 pot-limit and 4 no-limit (including the Seniors and the Championship).
The amount seen next to the buy-in figure is the registration fee which is one way that Binions are able to make money from holding WSOP. There is also a 3% deduction from the Championship event ($10,000 event) to be shared out amongst casino staff as some sort of compensation for the loss of tips during the long event. If 600 people enter, thats $180,000.
The Championship event decides who is the World Champion Poker Player and is this year run over five days, previously four. Each day reduces the field until the final six come out to play on the last day. A crowded room will watch and listen as the tournament director calls each hand and often each card in a suspense build up to the final $1,500,000 hand.
Each of the disciplines, Ace-to-Five can be found in the major games section.
The winner of every event gets a coveted gold bracelet and the finalsits all get leather WSOP jackets. |
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Champions |
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Most Titles at the World Series |
Johnny Moss (8) |
Doyle Brunson (8) |
Phil Hellmuth (7) |
Billy Baxter (6) |
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Most World Championships |
Johnny Moss (3) |
Stu Ungar (3) |
Doyle Brunson (2) |
Johnny Chan (2) |
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Most often placed (received money) |
Berry Johnston (40) |
Mike Sexton (36) |
T.J. Cloutier (35) |
Dewey Tomko (33) |
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All Time Top Money Winners at the WSOP |
1. Phil Hellmuth Jr. |
$2,844,845 (32 cashes) |
6. Erik Seidel |
$2,037,401 (26) |
2. T.J. Cloutier |
$2,818,046 (35) |
7. Berry Johnston |
$1,777,959 (21) |
3. Johnny Chan |
$2,797,134 (23) |
8. Doyle Brunson |
$1,692,244 (16) |
4. Stu Ungar |
$2,081,478 (16) |
9. Huck Seed |
$1,863,647 (14) |
5. Chris Ferguson |
$2,038,822 (22) |
10. Hamid Dastmalichi |
$1,600,700 (10) |
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The World Champions |
1970 - Johnny Moss |
1979 - Hal Fowler |
1988 - Johnny Chan |
1997 - Stu Ungar |
1971 - Johnny Moss |
1980 - Stu Ungar |
1989 - Phil Helmuth, Jr. |
1998 - Scotty Nguyen |
1972 - Amarillo "Slim" Preston |
1981 - Stu Ungar |
1990 - Mansour Matloubi |
1999 - Noel Furlong |
1973 - Puggy Pearson |
1982 - Jack Straus |
1991 - Brad Daugherty |
2000 - Chris Ferguson |
1974 - Johnny Moss |
1983 - Tom McEvoy |
1992-Hamid Dastmalchi |
2001-Carlos Mortenson |
1975 - Sailor Roberts |
1984 - Jack Keller |
1993 - Jim Bechtel |
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1976 - Doyle Brunson |
1985 - Bill Smith |
1994 - Russ Hamilton |
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1977 - Doyle Brunson |
1986 - Berry Johnston |
1995 - Dan Harrington |
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1978 - Bobby Baldwin |
1987 - Johnny Chan |
1996 - Huck Seed |
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Famous Faces |
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 T.J. Cloutier |
 Johnny Chan |
 Chris Ferguson |
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Results |
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The first event saw a 23% increase in players over last year. Carrying that through to the Championship event we predict 630 players!
For the $10,000 championship event we will have daily reports from Detailed Results. |
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Advice |
This document maintained by GGG.
Material Copyright © 2000 - 2012 TheGoodGamblingGuide.com 396h2f |
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