By
Tom Howze
World Poker Tour high stakes poker
tournaments started a revolution in the way the game is viewed, enjoyed,
followed and played. Even though the World Series of Poker had been televised
for years before the World Poker Tour (WPT), the game of poker was elevated
when "WPT cams" were placed around the table so that the world could experience
seeing what hand the players were playing and become emotionally involved
in the decisions that were being made. When you add the fact that hundreds
of thousands of dollars are laid out on the table with watching a few "instant
millionaires" being made at these events, the world was hooked. But when
word got out that anyone could challenge the planet's top poker player
for six to seven-figure piles of money, individuals from all over came
out to take up the challenge.
The WPT is made up of a number of
high stakes poker tournaments held in different locations all over the
globe. They are open to anyone willing to pay the entry fee, sometimes
as high as $25,000 per seat. A person who wishes to enter any of these
events can simply contact the casino hosting the event to do so. WPT CEO
Steven Lipscomb started the idea of televised poker events with the WPT
cams on cable back in February 2002. The breakaway success of this idea
spawned many similar ideas and has inspired numerous land based casinos
that had closed their poker rooms after dismissing poker as financially
not worth the effort, to reopen them. Today, on top of seeing the best
of the best in poker you can see millionaires, CEO's, rocket scientists,
software kings, mathematicians, women and actors at the tables shoulder
to shoulder competing to see who is the best. And on occasdirsn, you can
see an amateur beating a seasoned professional which sends out a resounding
message that anyone can win.
Having been rewarded for staying
a step ahead of the pack by reaching for new levels in the arena of poker,
in September 2004 the WPT announced the tournament schedules for seasons
4, 5 and 6 that covers up until 2008 to a waiting public. (Those schedules
are subject to change as more and more casinos and online poker rooms vie
to host WPT events.) For season 4 the WPT has also announced the creation
of a special poker tour for professionals only called the Professional
Poker Tour. The difference is that the criteria for entry will be based
on success in previous tournament play verses the WPT where anyone willing
to pay the fee can enter regardless of past performance or skill level.
Another innovation is that WPT has
partnered with land based and online poker rooms to establish satellite
tournaments that can allow a player to win a seat to a WPT event without
having to pay the pricey seat fees. These satellite tournaments often have
entrance prices of under $200.00, which makes it more affordable for those
seeking to play in a WPT event.
The WPT has grown to where it has
made an offering of common stock under the NASDAQ symbol WPTE (World Poker
Tour Enterprises). And agreements have been completed to have the show
presented in Australia, Sweden, South Korea and the Philippines. They have
also partnered with WagerWorks to build an online site that will allow
real money wagering for poker players, so look for it in the future. (At
the time of this writing, U.S. wagers will not be accepted on this new
site). Being the version of a reality television series, you can expect
new innovations to keep the World Poker Tour on top of the game of poker.
Tom Howze is a webmaster for 7 sites
that relate to online gambling, World Series of Poker and World Poker Tour
events and updates. For more information, please visit 2005
World Series of Poker . He can be reached at webmaster@justgambleforfree.com
for questions.
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