These can range from a single “heads up” pair of players to many hundreds of players all competing for the prize resulting from being the last poker player standing. To enter a tournament players pay a “buy-in” for which they receive a certain number of chips. Prize money is awarded on a placement basis; where you finish determines how much you win. The point at which players start earning money is called ‘the bubble’ and is agreed on before play starts.
Major Poker Tournaments
World Series of Poker: The oldest existing poker tournament, the WSOP started in 1970 and is considered to be the premier poker event worldwide.
World Poker Tour: This began in the USA in 2002 and although events are mainly held there, it occasionally features events outside the country. Since 2005 the WPT has also held a five-event ladies tournament.
Aussie Millions: This is the first poker event of the year, held each January in Melbourne, and is the Pacific region’s largest event.
Caribbean Poker Adventure: This is an early annual match that is played at various locations around the Bahamas, and occasionally even on a cruise ship.
European Poker Tour: This started in 2004 and travels across the continent visiting as many countries as possible.
Asian Pacific Poker Tour: This began in 2007 and visits Australia, South Korea, the Philippines, New Zealand and Macau, China.
Latin American Poker Tour: This was first held in 2008 and tours the countries of South America.
UK & Ireland Poker Tournament: This is the latest tour, started in 2010, and calls in around the towns of the UK and Ireland.
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