World Poker Prize Money

  
Brett Collson
World

The World Series of Poker announced on Tuesday that it has altered the payout structure of its flagship $10,000 Main Event. The world's most prestigious poker tournament will no longer feature a $10 million guarantee top prize, instead guaranteeing 1,000 places in the money receiving at least $15,000.

World Series Of Poker Prize Money Breakdown

The World Series of Poker features nearly 70 distinct tournaments, each with its own buy-in. The Colossus event, which has the smallest buy-in of the Series, offers players a seat for just $565. The most famous WSOP tournament is the No-Limit Hold’em Main Event, which has a $10,000 buy-in. In 1991, the World Series of Poker awarded its first $1 million payout to Brad Daugherty for winning the Main Event. It wasn’t until 2001 that second place also paid seven figures. As poker boomed. ‘Jeopardy!’ champ James Holzhauer finishes out of money at World Series of Poker debut By Associated Press. Reach the top 281 finishers who will win shares of some $2.5 million in prize money.

'The dream of life-changing money is core to the DNA of the WSOP Main Event and we also want to make it easier to experience playing in poker’s Big Show,' said WSOP Executive Director Ty Stewart. 'Our players understand numbers, and 2015 now presents the best odds ever to leave the Main Event a winner.'

Last year's $10 million guaranteed top prize was met with criticism from many in the poker community who argued that the steep payout negatively affected the rest of the payouts. Eventual champion Martin Jacobson collected the $10 million prize in November, while runner-up Felix Stephensen received just over half that amount ($5,145,968). Mark Newhouse, who finished ninth for the second straight year, took home $730,725.

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This year, assuming the Main Event draws more entrants, every player at the final would make $1 million. Using the 2014 Main Event entry number of 6,683, the 2015 Main Event payout structure would look like this:

World poker prize money
PlacePrize
1st$8,000,000
2nd$4,663,527
3rd$3,500,000
4th$2,750,000
5th$2,000,000
6th$1,500,000
7th$1,250,000
8th$1,100,000
9th$1,000,000
10th-12th$550,000
50th$142,500
100th$50,000
500th$20,850
693rd$16,750 (last year’s last paid place)
694th-1,000th place$15,000

*Please note that the table above is just a sample of certain payouts levels from the WSOP. This is just an example of some of the payout levels.

World Series Of Poker Prize Money 2019

The 46th Annual WSOP will run from May 27 through July 14, featuring more than 60 gold bracelet events at the Rio All-Suite Hotel & Casino. As always, the series will culminate with the $10,000 Main Event running from Sunday, July 5 until the November Nine is determined on July 14.

The complete schedule for the 2015 WSOP is expected to be announced this week, so stay tuned to PokerNews.com!

World Series Of Poker 2020 Prize Money

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