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What’s at stake at the 2019 World Series of Poker main event?

George Miller

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What’s at stake at the 2019 World Series of Poker main event?
The 2019 WSOP main event takes place this summer in the spiritual home of gambling – Las Vegas.
Reading Time: 3 minutes

 

The wait for the 2019 World Series of Poker is almost over with the event due to start in just a few weeks’ time. That hasn’t dampened the anticipation amongst poker fans or the thousands of players preparing to play in the WSOP tournaments.

This article gives you everything (almost) you need to know about the 2019 WSOP including estimated prize money, the best tournaments and a guide on how to enter the 2020 WSOP.

WSOP 2019

When is it?
The tournament starts on May 28th and last for just over a month and a half with the final table closing up on July 16th.

Where is it?
The Rio All-Suite Hotel & Casino in Las Vegas is the venue for the 50th WSOP event. This has been the official venue of the WSOP since it moved from original venue Binion’s Horseshoe in the mid-noughties.

How many players have entered?
Official participation figures are yet to be released for the 2019 WSOP but the figure is expected to be an increase on last year’s record-breaking figure of 123, 865. Of that figure only 7,874 featured in the WSOP main event.

What’s the prize money?
The 123,865 participants involved last year contributed towards a staggering figure of $266,889,193 in prize money. With numbers expected to increase this time around that figure will be slightly higher although it will still be some way off the $300 million mark.

What events are on?
Undoubtedly the biggest draw of the WSOP is the main event which will see the world’s best players battle it out for supremacy. This final table of this event finishes the entire poker festival with the winner scooping a minimum $10 million in prize money.

Elsewhere players can enjoy Millionaire Maker, Seniors No-Limit, Monster Stack, Big 50 and Crazy Eight’s. The competition in these events will be less fierce but there will still be a of prize money available with the winner of the Big 50 getting their hands on a minimum $1 million.

(In 2003 accountant and amateur poker player Chris Moneymaker took the world of poker by storm, winning the tournament with an epic bluff against Sammy Farha.)

 

How to enter the WSOP

Unfortunately the time to enter this year’s WSOP is almost over but you can always prepare to enter next year’s tournament. You can do that in two-ways by paying your way in or by qualifying through a number of licensed events.

The buy-in option

This is by far the easiest option if you just want to get involved and make sure you’re at the 2020 WSOP. Although at $10,000 the buy-in for the main event is slightly expensive. If money is no object to you then you may as well buy-in.
If like most of us ten thousand dollars sounds like a lot of money to spend on a poker tournament then fear not, there are other ways. Players sell stakes of their potential winnings to investors to raise the WSOP buy-in amount.

Alternatively if you’re part of a poker league you can persuade the rest of the league to front the cost of a buy-in for the league’s best player – you’ll of course have to ensure you’re the best player in the league.

Classic qualification
WSOP run a series of satellite events across the world in the run-up to their showpiece event where players can win entry to the WSOP main event. The vast majority of these tournaments tend to take place in the United States with a few taking place in Europe and Asia.

If you can’t make it to any of these tournaments keep your eyes on the 888 Poker website. The online gambling company are the only officially licensed online satellite for the WSOP and regularly run qualification events throughout the year.

Who will win the 2019 WSOP?
After 10 hours of gruelling back and forth play, John Cynn finally overcame Tony Miles in a heads-up to win the 2018 WSOP. You might expect then that Cynn will be the hot favourite to take the crown again this year.

However if history has told us one thing about the WSOP it’s that it is incredibly hard to retain your poker crown. Tony Miles will be among the front runners to go one better than last time with Joe Cada, Nicolas Manion and Michael Dyer all hoping to win the WSOP main event.

Where can I watch the 2019 WSOP?
Dedicated poker fans can get their card fix this summer on the WSOP live stream after subscribing. If you’d rather watch the action on your TV then the tournament will be shown live on ESPN in the United States.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Expectations on Online Gambling in the US

Niji Narayan

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Photo source: rightcasino.com
Reading Time: 2 minutes

The U.S. casinos have already entered into the list of the burning issues of the United States. Nevada is a national gambling symbol in the US, while some of the states impose strict restrictions even on the online casinos. The recent tendencies in the American online gambling market look quite promising.

Around 90% of the American gamblers easily switched from a traditional casino to the online platforms introducing the same services. At the same time, 85% of the US gambling niche income is generated by its online segment. On average, the industry of sports betting reaches the exorbitant figures – $400 billion a year.

It is obvious that the US cannot impose a strict federal ban on online gambling. The only obstacles may exist on the state level, where the situation is quite paradoxical. Depending on the state, the national operators have to satisfy a long list of the legal requirements to get a proper license.

It seems that the endless war between the operators and the state laws is getting tense: many of the gambling icons keep pushing the respective bills about partly legalisation of online casinos.

The milestone to block the decision-making process on a state level is taxation rates for the online casino operators. Some of the fees make it clear that the government would like to benefit from the business as much as the actual providers.

Despite a few legal opportunities, the online gambling niche in the US is blossoming. This business will soon reach its peak and will demand some more room for expanding its influence and audience.

In the nearest future, we can expect some further improvements. There is nothing to hold the industry from further development. Recognising the providers’ needs will resolve lots of issues related to illegal gambling. This should be a minimum benefit the federals cannot resist.

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Gambling in the USA

DOJ Appeals the District Court Decision on Wire Act Case

Niji Narayan

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Photo source: nodepositkings.com
Reading Time: 1 minute

The Department of Justice has filed its intent to appeal a district court decision on the Wire Act to the First Circuit Court of Appeals.

In June, a federal judge in the New Hampshire District ruled that the Wire Act applies only to sports betting and not to other forms of interstate gaming.

The New Hampshire Lottery and its vendor had filed the federal case because of the DOJ’s change in stance on the interpretation of the Wire Act.

The DOJ in 2011 had stated that the Wire Act applied only to sports wagering. But it reversed the course with a memo from 2018, expanding the possible reach for federal prosecution which triggered worries about its applicability to online gambling, lotteries and other forms of gaming that potentially cross state lines.

The New Hampshire District judge had forecast that the case would likely reach the US Supreme Court. While the case is going on, the DOJ has said it would not enforce the new interpretation of the Wire Act until 2020.

“The Department’s action, while hardly unexpected, is certainly unwarranted. DOJ generally files appeals of adverse district court decisions as a matter of course. We hope that, rather than engaging in a protracted, expensive and ultimately unsuccessful legal fight, the Department will take this opportunity to negotiate a settlement which will focus the Wire Act and DOJ’s enforcement resources on the right targets – the unlicensed illegal offshore Internet gambling operators who do not create jobs or tax revenue in the U.S. and do not appropriately protect consumers,” Jeff Ifrah, founder of iDEA Growth (an online gambling lobbying group) said.

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Gambling in the USA

NFL Issues Prohibitions on Sports Betting

Niji Narayan

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Photo source: onlinegambling.com
Reading Time: 1 minute

NFL has issued strict prohibitions on sports betting. In an email sent to NFL employees, vendors and contractors, the league made it clear that gambling on sports could lead to losing one’s job.

NFL’s communication said, in part:

“Gambling, particularly betting on NFL games or other sports, presents risks to the integrity of our competition and team cohesion, and can undermine the confidence and trust of our fans and colleagues in America’s greatest game. We therefore owe it to our fans and everyone associated with the League to take all appropriate steps to safeguard our game against possible threats from illegal gambling as well as gambling in a legal, regulated context.”

The memo spelled out forbidden activities and practices in detail. Prohibitions include:

Gambling at offshore sites or in states without legal sports betting

Gambling in any form on NFL games

Offering inside info or tips on a team or game

Setting foot in a sportsbook during the season

Betting in any form on anything in any NFL facility

Promoting any kind of gambling entity

Owning any part of a casino or sports betting operation

These restrictions are applied to owners, players and various vendors and contractors. Players are also implored to always give a “best effort” in any game to avoid the appearance of impropriety.

Non-sports wagering is allowed so long as employees do not physically enter a sportsbook to place the bet. Online or third-party wagers are allowed if done through state-approved operations. The league has made an exception for fantasy leagues with prizes under $250. Daily fantasy sports remain a violation of league policy.

The process of review and potential punishment for the rule violations lay at the feet of Commissioner Roger Goodell, who, according to the memo will make assessments on a case-by-case basis.

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