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$25k 6-Max Event Debuts at WSOP
The WSOP continues to evolve in its 41st year, and the biggest new addition to the schedule for 2010 is the $25k Six-Handed No-Limit Championship.
Following the trend set by the $50k Players Championship, which began in 2006, the WSOP has introduced another event with a higher buy-in than the $10k Main Event.
Excluding the 2009 WSOP 40th Anniversary Commemorative Tournament, which was a one-time $40k event, the $25k Six-Handed No-Limit Championship is now the highest buy-in No-limit Hold'em event in WSOP history.
According to Barry Greenstein, who sits on the Poker Players Committee, the high-end event is here to stay.
PL.com caught up with Greenstein, who was amongst the chip leaders when the event went on Day 2's first 20-minute break.
"It got a good turnout, and you could say this is the toughest field arguably," Greenstein said.
"Those good online players who've made a lot of money and play a lot of six-max, this is their world championship."
191 players registered for the event, with first prize a massive $1,315,518.
Not surprisingly, the field is as tough as it gets, with Greenstein, Phil Ivey, Erik Seidel, Frank Kassela, Daniel Negreanu and Carlos Mortensen all still in contention for 18 money spots on Day 2.
"We've often talked about having a bigger No-limit tournament," Greenstein said. "Some people think the $10k Main Event is antiquated, that it's not enough for a championship."
"The WPT Championship has a bigger buy-in. Even the EPT Championship, because of the Euro, has a bigger buy-in."
Greenstein went on to explain the motivation for the Players Committee to create the $25k Six-Handed Championship.
"We didn't want to have something replace the Main Event, like be a bigger buy-in No-Limit," Greenstein said. "We've intentionally not done that."
"This was a nice compromise, where we had a different event, a six-max event, and then it made sense to increase the buy-in."