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Everything You Want to Know About WSOP 2020

Entertainment, Gambling, Travel

Playing cards, Kings; Spin Casino BlogSource: Michał Parzuchowski, Unsplash

The largest live poker festival in the world is just around the corner! The 51st annual World Series of Poker starts on May 26 (updates due to COVID19) with seventeen new events, a super high roller tournament, and mystery bounties. Want to know more? We have the answers to all your WSOP questions, and details on the new events for 2020. And if you want to join the poker craze but can’t afford the $10,000 buy-in, join us online at Spin Palace, where there is always an online poker game waiting for you.

Let’s Start from the Beginning

In 1969, an event called the Texas Gambling Reunion was celebrated as an invitational tournament held at the Holiday Hotel and Casino in Reno, Nevada. The following year, Las Vegas casino owner and poker player, Benny Binion, would celebrate the first World Series of Poker with a mix of tournaments that included five-card stud, deuce to seven low-ball draw, razz, seven-card stud, and Texas Hold’em. It wouldn’t be until the following year, in 1972, that the World Series of Poker had the freezeout Texas Hold’em Main Event. Fifty-one years later, the World Series of Poker is the most important, anticipated, and watched poker event in the world, bringing in the best poker players from all over and offering cash prizes in the millions.

What is the World Series of Poker?

The World Series of Poker is a series of poker events, each with different buy-ins and poker formats. This year, it will be held from May 26 through July 15 at the Rio All-Suite Hotel and Casino in Las Vegas, Nevada, although some events are held online. Each event follows tournament format with the last player standing as the winner. The winners of each event are awarded a cash price and the coveted WSOP golden bracelet.

Any person over 21 years of age can enter the World Series of Poker if they can afford the buy-in. The buy-in for the Main Event is $10,000, but there are many events throughout the summer festival ranging in price from $400 to $250,000. The cheapest way for an amateur to gain entry is to qualify by winning one of the many WSOP qualifying satellite tournaments that are held before the event.

WSOP 2018; Spin Casino BlogSource: Joe Giron/WSOP, Forbes

The Main Event

The focus of the WSOP series is the Main Event. It is a $10,000 buy-in no-limit Texas Hold’em tournament that dates back to 1971. The winner of the Main Event is considered the world’s poker champion for the year.

Looking Forward to 2020

The 2020 WSOP schedule has been released. It includes a new “Value Menu” with twenty-five bracelet events with buy-ins of $1,000 or less, a freezeout series of six no-limit Texas Hold’ems, and other new events to rev up the excitement. Let’s take a look at what’s new and exciting this year.

The Freezeout Series

At the WSOP, most tournaments are freezeouts. This means players cannot buy more chips to extend their play. As soon as their chips are gone, they are out of the game. So, deep-pockets can’t buy more opportunities to win. The new Freezeout Series of 2020 is a complete six-pack of no-limit Texas Hold’ems priced at $500, $1,000, $1,500, $2,500, $3,000, and $5,000.

Mystery Bounty

A new event of interest this year is the Mystery Bounty No-Limit Hold’em tournament scheduled for Sunday, June 28. This event is also a freezeout and, like in a regular bounty tournament, every player will have a price on their head. When someone loses, the player that won the hand receives the eliminated player’s bounty. The mystery that surrounds this particular tournament, however, is that, even though every player will have a $100 bounty placed on their heads, there will be several bounties placed at random. According to WSOP website, “At least one of the mystery bounties will be worth $250,000 and a total of 100 mystery bounties will be available ranging from $2,500 to $250,000.” And no one knows the players’ worth until they are eliminated.

Hossein-Ensan; Spin Casino BlogSource: For the Win, USA Today

Head’ Up

This event is not new this year, but it is exciting and unique enough to deserve a mention. It is a one-on-one poker battle in bracket format. The tournament is capped at 64 players, á la NCAA March Madness. Players are either eliminated or pass on to face off a new player at the next level until there are two players left that face off for the golden bracelet.

Join the Craze

These and many more events are all part of the most prestigious gaming event in the world, dubbed the “Poker Woodstock.”  Pre-registration won’t open until March or April, when all events have been finalized and approved by regulators. If you are entering, we wish you all the luck in the world. If you are watching, stay tuned to ESPN this coming May 26 and play with us at Spin Casino. Who knows what will happen with enough practice?

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