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WSOP Changes 2015 Main Event Payouts from $10m to 1,000 Places
In a bold move to "spur new growth" in the game of poker, the WSOP announced today it has changed the payout structure for the 2015 Main Event.
Out is the $10 million guarantee for the winner, and in is a guarantee to pay 1,000 places - the most in WSOP history.
“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,” WSOP Executive Director Ty Stewart said in a release today.
“Our players understand numbers, and 2015 now presents the best odds ever to leave the Main Event a winner.”
All Nov. 9ers Expected to Get $1m; $8m for 1st
While the true "final" distribution of the prize pool won't be known until official registration is closed, if numbers are similar to last year the winner should still receive approximately $8m.
This is comparable to Main Event champs of the previous four or five years prior to last year's $10m guarantee, which went to Martin Jacobson.
Importantly all members of the 2015 WSOP Main Event final table would make $1m - a significant shift from last year where ninth-place finisher Mark Newhouse took $730,725.
Based on last year's Main Event attendance the payout table would pay roughyl 15% of the field and look something like this:
- 1st place: $8,000,000
- 2nd place: $4,663,527
- 3rd place: $3,500,000
- 4th place: $2,750,000
- 5th place: $2,000,000
- 6th place: $1,500,000
- 7th place: $1,250,000
- 8th place: $1,100,000
- 9th place: $1,000,000
- 10-12: $550,000
- 50-99: $142,500
- 100-499: $50,000
- 500-692: $20,850
- 693rd place: $16,750 (last year’s last paid place)
- 694-1,000: $15,000
A minimum of 5,000 players will still be needed to guarantee the 1,000-place payout, although that should be easily surpassed.
The 2014 WSOP drew 82,360 entries over 65 events – most in the WSOP’s 45-year history – for a total prize pool of more than $227 million.