LAS VEGAS -- The main event of the World Series of Poker is
on pace to undershoot last year's total significantly and trim
several million dollars off the top place prize.
Organizers said the event kicked off the first of four opening
days with 1,287 players.
If the same number register over each of the four opening days,
the 5,150 total would be far fewer than the 8,773 who participated
Fewer entrants means the prize pool will likely be smaller.
According to the payout structure sheet, this year's winner is
likely to take home $7.6 million, less than the $12 million awarded
to last year's winner, Jamie Gold.
It would mark the first decrease in the number of entrants at
the $10,000 buy-in main event since 1992 and was widely blamed on a
U.S. law signed by President Bush in October that cracks down on
The law prohibits banks and other payment processors from
handling cash transactions from U.S.-based players to and from
online poker sites, which prevented many online qualifiers from
lining up to play.
"Last year you had PartyPoker.com sending a ton of people. You
had ParadisePoker.com sending quite a few, you had SunPoker.com and
all the other smaller sites," Bluff magazine publisher Eric Morris
said. "And they're not filling the seats this year."
Tournament commissioner Jeffrey Pollack said organizers were
focused on making the tournament better, not necessarily bigger.
"Whether it's 4,000, 6,000, 8,000, or 10,000, this will still
be the biggest, richest, most prestigious poker tournament in the
world," Pollack said. "Whoever wins will walk away a
multimillionaire, lives will be changed and some great poker will
The tournament had set up a high-tech tent area for several
tables of play outside the host site Rio hotel-casino -- giving it a
capacity for 12,000 players over the first four days -- but
abandoned it after temperatures soared above 110 degrees and it was
difficult to keep cool. Players also lined up nine to a table
instead of 10 last year.
But the odds against making it through the large field were
As usual, play began in a circus-like atmosphere. Las Vegas
entertainer George Wallace announced the traditional "shuffle up
and deal!" Comedians Ray Romano and Brad Garrett, from the TV
series "Everybody Loves Raymond," yucked it up as ESPN camera
crews rolled. "Are you able to get his entire nose in the shot?"
Jeff Madsen, a 22-year-old who became the youngest player to win
an event bracelet last year, then followed up with a second,
appeared in a black and red jester suit after losing a bet with
pros Gavin Smith and Joe Sebok. Smith was also to appear as a clown
on his starting day.
"Maybe people will play different against me because they think
I'm a joke," Madsen said.
And in World Series tradition, the first player got knocked out,
losing their $10,000 buy-in, within the first 10 minutes of play.
Luke Staudenmaier, a 21-year-old online poker player from
Pittsburgh, called an all-in raise before the flop with pocket
aces. When his opponent showed an ace and king of clubs,
Staudenmaier said he was "elated," because he was a huge favorite
to double up his chip stack. But his opponent made a flush, and
Staudenmaier's million-dollar dream ended.
"I'm sure I'll never live it down although I couldn't do
anything to change it," he said. "I guess it just wasn't meant to