The World Series of Poker is a yearly series of poker tournaments hosted by Binion's Horseshoe Casino in Las Vegas. World Series of Poker has been held annually since 1970 at the Horseshoe, Downtown, Las Vegas. The WSOP as it is known is unequalled by any other poker event in the world today, and it is considered to be the ultimate achievement in any poker players career, to gain that coveted title of Word Champion. With the introduction of preliminary 'satellite' competitions with lower buy-ins, Binion's prophesy came into fruition and the popularity of the World Series of Poker soared. In 1982, the tournament had 52 entries. Five years later, there were 2,141 entries and the 2002 event had 7,595 participants. The prize money increased from $7,769,000 a decade ago to a staggering $19,599,230 in 2002!

In the year of 2004, Greg 'Fossilman' Raymer beat the other 2,576 players to win the title and 5 million dollars for his buy-in stake of $10,000, which in fact he won via an online poker site, for an original stake of $40. What an investment!

You have to be over 21 years of age to participate or watch the $10,000 WSOP Championship event.

The first Super you win is non-transferable, non-negotiable, and must be played by YOU. This will be clearly stamped on your receipt. If you win a second Super you will be paid in Buy-in chips (twenty $500 chips). You may do as you please with these. Stake a friend, play in several events yourself or sell to the highest bidder. Best place for a sale: The line for sign-up on the day of the event. Early sales (first week of the tournament) can fetch as low as $9,500. The day of the event you should be able to get $9,900.