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A Guide to the Las Vegas World Series of Poker
Often referred to as the "Gambler's Paradise", Las Vegas is one destination that lives up to its reputation. Do not be surprised to bump into a slot machine at the airport or the pharmacy or if you find one in your luxurious hotel. The city has become synonymous with gambling.

Therefore it is not surprising to hear that the World Series of Poker, the most exciting and popular poker tournament in the world is held at Vegas' Rio Hotel and Casino, attracting thousands of visitors and players from around the world. What started off as an invitational event in 1968 has now become one that gains a maximum of media coverage and is widely watched and attended by global poker enthusiasts.

The WSOP is a highly popular poker event and shows a continued increase in growth potential. Statistically speaking, participation in the WSOP has increased by almost ten times in a short span of three years. While the main event alone once attracted close to 800 odd participants in the year 2003, the year 2006 saw almost 8,500 or so players lined up as participants of the main event despite the unbelievably big $10,000 buy-in for the no-limit Texas Hold 'Em Tournament which has remained unchanged since 1972.

While gambling is all about fun and entertainment, it is a known fact that it is an expensive activity. Participating in the tournament's main event still remains a dream for many poker players because of the fact that all players apart from the earlier winners of the World Series Of Poker Main Events are required to supply the $10,000 buy-in for qualifying as a participating player.

As tradition goes, the winner of the Main Event is unofficially given the status of World Champion. However, considering the much recently added $50,000 H.O.R.S.E. event, a new debatable topic pondered over by professionals is whether this game which is five times larger than the WSOP Main Event should be the decisive factor to declare the World Champion. A major drawback of the $50,000 H.O.R.S.E. event is its $50,000 buy-in which acts as a barrier for amateurs who wish to participate in this difficult event.

While winners of the Main Event are awarded with large cash prizes and a gold bracelet, another attractive incentive to win the WSOP is the winner's picture being placed in the Gallery of Champions at Binion's. Also, after the death of 2006 winner of the H.O.R.S.E. tournament, Chip Reese, winners of the same are given in addition to the prize money and bracelet, the David 'Chip' Reese Memorial Trophy.
About the Author
Orson Johnson writes for Holiday Velvet, a website providing Accommodation in Las Vegas and Vacation Rentals.
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