Road to the WSOP by Joe Awada | There was plenty of eye-candy last weekend at the World Series of Poker as 1,190 femme fatales squared off in the Ladies No Limit Hold’em Championship.
I had hoped to have participated in the early going, but last week I was out of town attending to some personal business.
Upon my return, I wanted to play in what would have been my first event, the $2,000 buy-in Short-Handed, No Limit Hold’em event.
I had played in this event last year and cashed out in seventh place, so, naturally I was looking forward to competing again.
However, when I arrived to register, at about 12:30 p.m., I was somewhat surprised to learn that they had already turned away more than 100 players, with still more potential players standing in line hoping to register.
Needless to say, we were all disappointed.
What was perplexing was that there were just 1,300 or so players who were registered, so the number of players didn’t appear to be unmanageable.
I can’t remember any World Series event since I’ve been playing where they turned away players.
I don’t know the reason for capping the number of players, whether there weren’t enough tables or dealers, but putting a limit on the number of players isn’t good for the tournament, and for Harrah’s, which owns the World Series, because they take a percentage of all the entrance fees.
It’s also not good for the players, who would have had a larger field and, thus, a larger prize pool to shoot for.
I hope this doesn’t occur in future events, because there are lots of players who look forward to playing in certain events, especially the ones in which the buy-ins are under $5,000 and $10,000.
As we pointed out previously, these events offer very good value for players and they will continue to grow in popularity and eventually surpass the main event in overall participation.
It’s important for the World Series to somehow accommodate all the players who wish to play. That’s always been one of the beauties of the WSOP – anyone with the will to play can enter and compete against the best players in the world.
Speaking of value in a tournament event, I’d like to recommend some of the "re-buy" events at the World Series.
In last week’s $1,000 No Limit Hold’em event with re-buys, there was one player who used the re-buy option – which is available in the first two rounds of action – a whopping 23 times.
That means this player (for kindness sake we won’t identify him!) paid an extra $23,000 to keep replacing his chip stack – and never finished in the money.
Of course, re-buying that many times is an aberration, but there were many other players who were re-buying five to 10 times.
Overall, there were only 766 players registered, but the number of re-buys surpassed 2,200, creating a prize pool of nearly $3 million!
The result of the re-buy option is a pretty wild first two rounds, in which there’s a lot of careless and reckless moves as players try to build their stacks.
If you’re a good, cautious player, this sets up well for you. Once the re-buy period has ended, then you have a tournament.
At this point, you’re competing against a field with a smaller head count, but with a prize pool notably larger because of all the re-buys.
There are still some re-buy events left on the schedule, so give one a try and perhaps I’ll see you at the final table.