WSOPE to Include a Super High-Roller Tournament
The World Series of Poker Europe 2012, which began on September 21st in Cannes, has a new addition to its schedule. Along with the no-limit Hold’em events, Omaha tourneys, shootouts, and the 6-day Main Event, which begins on September 29, the WSOPE 2012 will also have a high-roller event on October 2nd. Taking its lead from the WSOP 2012, which had the $1 million buy-in Big One for One Drop, the WSOPE will include the €50,000 Super High-Roller Tournament, which allows participants a chance to win big cash prizes. The announcement was made by Caesars Interactive Entertainment’s Vice President Ty Stewart, who also happens to be WSOP’s executive director.
About the Super-High Roller
The Super High-Roller of WSOPE 2012 may not be as big as the Big One for One Drop, where Antonio Esfandiari took home a whopping $18.3 million. But its inclusion on the WSOPE schedule has managed to create a buzz in the industry. When asked why this high-roller event was included at the last minute, Ty Stewart said that the participants had an appetite for really big tournaments and including a high-roller tournament seemed like a great idea, even though the series had already began. He also said that the success of the Big One for the Drop and the high-stake action that keeps the casinos in France alive also encouraged the committee to take this decision.
Stewart also said that € 50,000 seemed like the ideal figure, as it is not too high and will enable a number of people to participate. WSOPE strives to offer something for every player, Stewart added, and said that 50,000 Euros is a big enough buy-in for a high roller event.
Affordable Buy-In with Re-Entry
The €50,000 high-roller buy-in is affordable for many high-stakes players in Europe, and will give the tournament its best chance. Also, the event has a re-entry option, which is another reason that the buy-in was capped to 50 grand and is not € 100,000 or more. Stewart added that there were two main reasons for making this a re-entry event.
One was that WSOPE is one of the most celebrated events in the world of poker. Those participating in this major event would prefer to take another stab at a potential massive payout, than getting into the action at the beach. Another reason is that Cannes is not really a gambling hub like Vegas, where you have high-roller events starting every few hours. In such a case, a re-entry would encourage players to get back into the game and try their hand at it again. At the same time, the buy-in has to be small enough to enable players to re-enter and big enough for the tournament to collect a big prize pool.
Although the Super High-Roller is likely to be a big hit, the WSOPE committee has not made it a bracelet event. According to Stewart, WSOPE bracelets symbolize prestige and honor, which is why they have been cautious in expanding them to new events. However, new bracelet events will be introduced at the WSOP APAC in March 2013, he added.
Upcoming WSOPE Events
Besides the Super High-Roller event, there are three more WSOPE events that poker players in Cannes can take part in. One of them is the €10,450 Mixed-Max no-limit Hold’em event on September 26. The event starts at 5:00 pm on Wednesday, and is a 4-day event. Another event is the 6-handed Pot limit Omaha tournament with a buy-in of €1,650. The event will take place on September 27, at 5:00 pm and will last 3 days.
The Seventh event of the WSOPE is the Main Event, which begins at 12:00 pm on September 29. This event has a buy-in of €10,450 and will last for 6-days. Entry to the tournament is also allowed on September 30, which is Day 1B of the event. The Main Event will be a no-limit Hold’em tournament and offer a cash prize, along with a WSOPE bracelet.
The final event of the WSOPE 2012 is the Super High-Roller event, which has a buy-in of €51,000. The event begins at 4:00 pm on October 2 and will last for 3-days. The final table of the high-roller event brings an end to the WSOPE 2012.
After this World Series edition, the WSOP Asia Pacific Championships will take place in March 2013. I will be followed by the WSOP 2013, which is yet to be scheduled.