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World Series Of Poker Announces New Payout Structure

Editor by Editor
May 26, 2024
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With simply days to go earlier than the fifty fifth annual World Series of Poker kicks off, gamers heading to Las Vegas this yr can count on some modifications to this yr’s payout constructions.

Series officers have introduced {that a} min-cash will now be no less than twice the buy-in quantity. The WSOP has typically been paying out 15% of the sphere in recent times and this has resulted in some minimal payouts being smaller.

WSOP officers made observe of the change by way of Twitter on May 21 and supplied a hyperlink to a calculator to find out payouts for tournaments all through the sequence.

NEW PAYOUTS for 2024 WSOP!

Min money for many occasions will now be 2x buy-in.

See payout calculator for full breakdown of prizes for every occasion. https://t.co/bEG5KwCKlF pic.twitter.com/O73LSYAfQU

— WSOP – World Series of Poker (@WSOP) May 21, 2024

More On The Payout Plan

As an instance of how the system works, if occasion no. 1, the $5,000 Champions Reunion noticed 1,000 entries, then the min-cash would pay out $10,060 for locations 105 to 150. The winner would rating $763,410 with the runner-up grabbing $508,940.

The system extends to non-bracelet Daily Deepstacks occasions as nicely.

The modifications come after organizers have seen some criticism over the problem in recent times. Some gamers favored the modifications and bumping up the payouts on the backside.

I don’t like paying 1st $10mm whereas 2nd will get $5,5mm and mincash is barely $15K. How can we justify nearly double of 2nd place for the first? It simply doesn’t appear proper

— Nadya Magnus (@NadyaKGB) May 21, 2024

Others identified some negatives that may include these on the backside of the payout ladder enjoying for more cash.

“Just encourages more stalling near bubbles,” poker professional Michael Gagliano famous on Twitter. “Pay more people and pay them less, soften the bubble, make everything move more seamlessly. [It] also results in a venue that won’t facilitate chops forcing people to play huge heads ups. Again, bad for everyone.”

For a whole preview and schedule of this yr’s WSOP, click on right here. For a whole have a look at the PokerGO reside streaming schedule, click on right here.

Photo by PokerGO

 

 

 





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Tags: 2024 WSOPbraceletLas VegasNevadaPoker EventsPoker Seriespoker tournamentsSummer SeriesWorld Series of Pokerwsop
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