WSOP Main Event to Pay 1,000 Spots; $10m First Prize Dropped

For the first time in the past 46-years, the World Series of Poker Main Event, will guarantee that 1,000 people will get paid, as they bow down to public pressure and drop the guaranteed $10m first prize.

PokerStars introduced rake changes. The customers vented their frustration. PokerStars changed their minds. The World Series of Poker (WSOP) introduce a $10m Guarantee for the $10,000 Main Event. The customers vented their frustration. The WSOP changed their minds.

There are two lessons to be learned here. The first is that our poker tours are listening to feedback, and acting upon that feedback; that’s great news. The second lesson to be learned is more of an inquiry.

Why aren’t the opinions of the customers being considered before the changes take place?

A question that involves an article on its own methinks.

Leading with the headline that 1,000 players are going to be guaranteed a min-cash, in the most prestigious poker tournament in the world, is a great headline. I would say that it’s a headline that would attract more players to the Main Event.

There was no need to have a $10m headline. Nobody in their right mind is going to get more excited for a $10m first prize, when they know they are 99% certain to receive $8m if they win.