World Series of Poker kicks off this week

April 09, 2002 11:32 AM
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World-class poker takes center stage this week as players from around the world compete in Binion’s World Series of Poker.

More than 4,000 players will be competing in 35 tournaments, including the Championship Event, which runs for four days beginning May 20.

The World Championship Event ”” No-Limit Hold’em with a $10,000 buy-in ”” will be contested over four days beginning May 20. The winner will take his or her place alongside legendary poker players such as Johnny Moss, Doyle “Texas Dolly” Brunson, Stu Ungar and Johnny Chan, to name a few.

In addition to taking home close to $2 million in prize money, the champion’s photo will forever be memorialized in the Gallery of Champions at Binion’s Horseshoe.

Overall, the World Series of Poker will pay out over $20 million in prize money, surpassing the $18 million paid last year.

Besides the Championship Event, the World Series includes 35 others, including a Women’s and Senior’s Championship, Seven Card Stud, Razz, Omaha Hi-Lo Split, Ace to Five Draw Lowball and Limit Hold’em, to name a few.

This year there is an extra week of new events. They include a Hearts Championship, Gin Championship and Triple Draw Lowball tournament.

Also, Binion’s will hold a Gold Bracelet Match Play Heads-Up Tournament featuring those players who have won a World Series of Poker event in the past.

Of special interest to poker fans, Lyle Berman on May 20 will be inducted into the Poker Hall of Fame. His picture will grace the wall with other icons such as Nick “The Greek” Dandolos, Bill Boyd, Edmund Hoyle, and World Series of Poker founder, Benny Binion.

Lyle Berman is credited as an early visionary in the development of casinos outside of Las Vegas, and in 1996 was named Gaming Executive of the Year. Respected and often feared by fellow competitors, Berman has amassed close to $900,000 in World Series winnings.