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First $1k Tournament Draws Huge Field
Thousands bought into the first $1,000 buy-in event of the 2010 WSOP on Saturday with over 3,800 registered for the event and even more likely to join the party on Day 1b.
It's been over 10 years since a preliminary event at the WSOP drew more players than the Main Event and it's a distinct possibility this year.
There are still expensive Championship tournaments for professional players but with eight $1,000 buy-in tournaments and 18 $1,500 buy-in events it's apparent Harrah's is looking to appease the average poker player who doesn't have a $200,000 bankroll or sponsorships.
Perhaps no one better represents the working class of poker player better than former accountant Chris Moneymaker and he understands why the lower buy-in tournaments are so popular.
"It's a great event for everyone to come out and enjoy a taste of the WSOP," he said. "With the economy the way it is everyone is struggling for money a little and $1,000 is what people can afford."
Moneymaker won the Main Event through a $40 satellite on PokerStars and admitted that before he won that tournament he had trouble putting together even $500 for a buy-in, let alone the $10,000 buy-in of the Main Event.
"You only play the WSOP Main Event if you win your way in, you're a professional player or you're rich," said Moneymaker.
"Joe Schmo of the street does not come in and put down $10,000 to play. It wouldn't surprise me to see more players at one of the $1,000 events than the Main Event."