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The Cambodian government, in its efforts to increase revenue from tourists, decided to build casinos. Banking on the prohibition in place in their neighbouring countries, Cambodia hit it big. While Cambodian locals cannot legally play in casinos, some who have dual citizenship can. So, if you are one of those lucky ones who have this passport, then you should know the different poker tournaments that you can join should you want to be known in the industry.
Thousands of people would like to take part and try to win at some of the biggest poker tournaments. These tournaments pay big and provide an enjoyable experience for the players.
The guaranteed huge jackpot prize corresponds with a higher buy-in. The event gives an adrenaline rush for pure poker players that offers them the thrilling chase of the $1 million for winning these tournaments. If you want to bag the pot money, you should be a master of the game and must be knowledgeable about playing these tournaments. Winning these tournaments would be a boost for your poker career.
The Makings of a Huge Tournament
Many factors make these poker tournaments so unique. Here are some of the reasons these tournaments stand apart from the others:
- The total number of people involved in the event: There are thousands to tens of thousands of poker players taking part or wanting to take part in these prestigious tournaments. It would make you feel so special that you can play with so many people. For some players, the experience is like a festival that gives you a lifetime experience.
- The tournament venues: These tournaments will allow you to experience different places and world-famous casinos. It would be a dream-come-true for some players to visit such sites and feel the warmth of the locality of the hosts.
- Tournament prizes: The most important in these tournaments are the number of winnings to be given away. The tournament prize is not just any other ordinary poker tournament, for it offers winnings in Millions. Winning the grand prize would make you a world-famous player, and you will be the world champion in Poker.
- Challenge: With huge prizes at stake, you should expect all the skillful professional players you will have to defeat. Every player would give a great fight in the tournament for the title. Most players come in these events prepared.
These are the factors that you should consider when joining such an important event.
Different Poker Tournaments
Here are the different poker tournaments in the world that you can expect would pay big.
World Series of Poker (WSOP)
WSOP is one of the massive poker tournaments, and the event is held all over the world. You should expect that tens and thousands of professional players compete in hoping to win the tournament title.
The tournament first started in the year 1970 when Benny Binion invited seven of the most popular poker players than to the Horseshoe Casino for a lone tournament, given with a set start and stop time. A secret ballot containing the seven invited players help decide the winner. Since then, the WSOP was held each year with a growing number of competitors by year.
WSOP Bracelet
WSOP Las Vegas is the most well-known poker event and is conducted annually from June to July in Las Vegas. To enter the competition, each player has to pay the $10,000 buy-in. There are more than 8,000 players who competed in the 2019 WSOP.
The grand prize pool of the 2019 WSOP Las Vegas was $80,548,600. The winner took home $10 million in cash and an additional bracelet that signifies the World Champion title.
WSOP is held all over the world that makes different variants of the tournament. There is the WSOPLas Vegas, WSOP U.S. Circuit, W.S.O.P. International Circuit, W.S.O.P. Online Poker, and W.S.O.P. Europe Circuit.
All of these WSOPtournaments provide a big cash prize for the winners and a bracelet to take home. Phil Hellmuth holds the most number of bracelets won with 15. W.S.O.P. is the biggest poker tournaments in the record.
World Championship of Online Poker (W.C.O.O.P.)
W.C.O.O.P. is conducted online, played by thousands of players all over the world and is considered one of the biggest poker tournaments in the world. The competition is performed on the PokerStars website every year in the month of September. The PokerStars finances the said tournament.
The W.C.O.O.P. first started in the year 2002 and is the online counterpart to the World Series of Poker. The event provides a diversity of Poker games with Texas Hold’em as the most popular with different buy-ins for different variants and prize pool.
The games featured in the event are No-Limit, Pot-Limit, Limit Texas Hold’em, Seven Card Stud Hi/Lo, and Seven Card Stud, Limit Omaha Hi/Lo, and Pot-Limit Omaha, H.O.R.S.E. and 2-7 triple draw.
The PokerStars conducted 186 different events in the year 2018. There were 2,044 participants in the 2018 W.C.O.O.P. main event, and the winner took home $1,352,967.97. The No-Limit Texas Hold’em Poker had a $5,200 buy-in and the prize pool of the main event was $10,220,000.00.
Triton Super High Roller Series (Triton Poker)
Triton poker produces one of the biggest poker tournaments. Hosted in different parts of the world, the Triton Poker provides a variety of buy-in amounts and pool prizes for its participants.
The Triton Million poker tournament managed an event with a prize pool of $65,660,000.00 and a buy-in amount of $25,000.00. This tournament is the sixth-largest poker tournament with regards to the amount of the prize pool and the number one poker tournament with the highest amount of prize awarded to the grand winner.
Businessmen and professional poker players usually play this tournament. Recognized as an expensive tournament, Triton Poker is not for ordinary poker players. Nevertheless, it is one of the biggest poker tournaments that targets big players and not just any other poker enthusiast.
Big One for One Drop
The Big One for One Drop is a No-Limit Texas Hold’em tournament with a $1,000,000.00 buy-in hosted at the World Series of Poker (W.S.O.P.). It became the highest buy-in poker tournament and the most significant single payout offered in the year 2012. With a large buy-in amount, it would be enough to make it one of the biggest tournaments in the world.
Each player will donate as much as $111,111 from their buy-ins as a charitable contribution for the One Drop Foundation. This foundation is an international non-profit organization created by Guy Laliberté, founder of Cirque du Soleil, which targets water resourcefulness. With the said buy-in amount of $1,000,000.00, the tournament has already donated $16 million in four years for the charity foundation.
The Big One for One Drop is a three to a four-day event held in June or July of every year. The winner generally takes home an amount of $10 million, and the prize pool for the tournament is more than $40 million.
World Poker Tour Championships (WPT)
The World Poker Tour (WPT) started in the year 2002 as an internationally broadcasted gaming and entertainment brand. No doubt that the WPT is one of the biggest poker tournaments in the world. It has operated a list of international poker tournaments and connected television series broadcast the whole event.
The WPT Main Tour offers a range of $3,500 to $25,000 buy-in, and the winners of the event are given a prestigious membership to the WPT Champions Club. Winners receive a trophy and champions can have their names engraved on the Cup.
Millions of people can watch the poker action at home watching it on TV. The winners of the tournament get greater than $1 million as their prize.
There is also a WPT ladies variety where the tournaments are managed exclusively only for women. The winner takes home $500,000 with a buy-in of usually $300 to $1,500.
This tournament happens once a year and brings tons of viewers. It is definitely one of the biggest poker tournaments in the world.
Poker Tournaments
These are some of the world’s different poker tournaments that showcase a huge amount of money with their buy-ins and the prize money. These events happen for a cause, and a lot of people admire the organizers for such advocacy. It would be a dream-come-true to play in one of these tournaments, most especially, winning the grand prize.
