Wednesday, 16 January 2019

WSOP Execs Watering Down Poker’s Biggest Prize – The WSOP Bracelet

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Last week, the World Series of Poker released details for 13 more 2019 WSOP bracelet events. In doing so, WSOP brass continued to water down what was once poker’s most prestigious prize.

The 2019 WSOP is on the way to equal or surpass the whopping 78 bracelet events that ran in last year’s event. To gain perspective, there were 36 bracelet events in 2003.

Of course, Chris Moneymaker won the WSOP Main Event that year, which kicked off an unprecedented boom in poker’s popularity. So, Harrah’s/Caesars can’t be blamed for taking advantage of the public’s newfound interest in the game by adding more championship level events to the schedule.

However, since then, WSOP management has more than doubled the number of events. This decision appears to have been driven by the greed of a group of corporate bean counters concerned more about raking as much cash as they can than the value of a WSOP bracelet.

Double the bracelets, increase the rake

The increase in bracelet events didn’t happen overnight. By 2008 it was up to 55 events, a reasonable reaction to the poker boom. However, five years later, it was up to 62 and starting to border on the ridiculous.

Management had...


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