World Poker Tour Learn Why The WPT Is A Top Poker Tournament
Want to know more about the World Poker Tour? Our guide gives you this history of the WPT & explains why it’s such a popular poker tournament. Read it now.
World Poker Tour – Background of the WPT
The World Poker Tour is a popular poker tournament which has particularly grown in popularity due to its screening on national television.
Background of the World Poker Tour
The World Poker Tour (WPT) was launched by attorney/ television producer Steven Lipscomb in the United States in late 2002, early 2003. The inaugural WPT Championship event was held in April 2003 in Las Vegas, Nevada at the Bellagio Casino. It is a collection of Texas Hold’em poker tournaments that are held internationally, but primarily in the United States. In 2004, the WPT created a Walk of Fame. It aims to honor poker players who have excelled in the game and promoted it through media. The original inductees included poker legends, Doyle Brunson and Gus Hansen and actor, James Garner. There have been no new inductees since 2004. In 2008, the WPT started awarding bracelets to its champions. Bracelets were awarded retroactively to winners at the WPT prior to the bracelets release. Lipscomb is now CEO of WPT Enterprises (WPTE), the company that controls the WPT.
Entering the World Poker Tour
The WPT is a popular tournament among professional poker players and as such attracts many other players as well. Many satellite tournaments are held which award seats in the WPT and these are especially popular at online casinos. Any player who wins a satellite tournament into the event or is able to pay the buy-in amount, can enter the WPT. The buy-ins range from $2,500 to $25,000.
The Televised World Poker Tour
The first season of the WPT aired in spring 2003 on American cable television on the travel channel. A “Battle of the Champions” tournament then aired on NBC in February 2004. In spring 2008, the series moved to GSN for its sixth season and its seventh season will be aired by Fox Sports Net. The airing of the WPT on television has brought the game into homes across the United States and has led to a boom in the poker industry.
The World Poker Tour Ladies Event
In 2008, the WPT announced that they would begin a series of poker tournaments known as the WPT Ladies. The first season hosted five events with buy-ins ranging from $300 to $1,500.
Winnings from the World Poker Tour
The popularity of the World Poker Tour has increased dramatically since it began. In 2002, the Five Diamond World Poker Classic awarded the winner, Gus Hansen, $556,480. In 2007, the Five Diamond World Poker Classic awarded the winner, Eugene Katchalov, $2,482,605. In season I, the WPT Championship winner was Alan Goehring, who walked away with $1,011,866. The WPT Championship season VII winner was Yevgniy Timoshenko who took home $2,149,960. The highest win to date was the WPT Championship season V winner Carlos Mortensen who won $3,970,415.
Legal Action against the World Poker Tour
In 2006, seven poker professionals brought a lawsuit against WPT alleging they were in violation of the Sherman Antitrust Act, the California Cartwright Act and intentional interference with a contract. They claimed that the WPTE standard release forms were anti-competitive and interfered with their contractual obligations to their other companies. Five players accepted a settlement, including Chris Ferguson, Andy Bloch, Annie Duke, Phil Gordon and Howard Lederer.
The World Poker Tour is a popular poker tournament which has particularly grown in popularity due to its screening on national television.
Background of the World Poker Tour
The World Poker Tour (WPT) was launched by attorney/ television producer Steven Lipscomb in the United States in late 2002, early 2003. The inaugural WPT Championship event was held in April 2003 in Las Vegas, Nevada at the Bellagio Casino. It is a collection of Texas Hold’em poker tournaments that are held internationally, but primarily in the United States. In 2004, the WPT created a Walk of Fame. It aims to honor poker players who have excelled in the game and promoted it through media. The original inductees included poker legends, Doyle Brunson and Gus Hansen and actor, James Garner. There have been no new inductees since 2004. In 2008, the WPT started awarding bracelets to its champions. Bracelets were awarded retroactively to winners at the WPT prior to the bracelets release. Lipscomb is now CEO of WPT Enterprises (WPTE), the company that controls the WPT.
Entering the World Poker Tour
The WPT is a popular tournament among professional poker players and as such attracts many other players as well. Many satellite tournaments are held which award seats in the WPT and these are especially popular at online casinos. Any player who wins a satellite tournament into the event or is able to pay the buy-in amount, can enter the WPT. The buy-ins range from $2,500 to $25,000.
The Televised World Poker Tour
The first season of the WPT aired in spring 2003 on American cable television on the travel channel. A “Battle of the Champions” tournament then aired on NBC in February 2004. In spring 2008, the series moved to GSN for its sixth season and its seventh season will be aired by Fox Sports Net. The airing of the WPT on television has brought the game into homes across the United States and has led to a boom in the poker industry.
The World Poker Tour Ladies Event
In 2008, the WPT announced that they would begin a series of poker tournaments known as the WPT Ladies. The first season hosted five events with buy-ins ranging from $300 to $1,500.
Winnings from the World Poker Tour
The popularity of the World Poker Tour has increased dramatically since it began. In 2002, the Five Diamond World Poker Classic awarded the winner, Gus Hansen, $556,480. In 2007, the Five Diamond World Poker Classic awarded the winner, Eugene Katchalov, $2,482,605. In season I, the WPT Championship winner was Alan Goehring, who walked away with $1,011,866. The WPT Championship season VII winner was Yevgniy Timoshenko who took home $2,149,960. The highest win to date was the WPT Championship season V winner Carlos Mortensen who won $3,970,415.
Legal Action against the World Poker Tour
In 2006, seven poker professionals brought a lawsuit against WPT alleging they were in violation of the Sherman Antitrust Act, the California Cartwright Act and intentional interference with a contract. They claimed that the WPTE standard release forms were anti-competitive and interfered with their contractual obligations to their other companies. Five players accepted a settlement, including Chris Ferguson, Andy Bloch, Annie Duke, Phil Gordon and Howard Lederer.
FAQ
How do I get a bonus code for Global Poker?
What is the best Global Poker promo code in September 2024? FLUSH. Using this promo code when you sign up for a Global Poker account and then make your first purchase will unlock a huge discount. You will get 150,000 Gold Coins for only $10.Sep 7, 2024
Is WPT Global for real money?
Yes, currently WPT Global does not offer “Play Money” tables, so the only way to play on WPT Global is by participating in Real Money tables.
Can I play in the US?
Can I play in the US? WPT Global does not currently provide services to US players.
Can you win real money at WPT Global?
Can you win real money at WPT Global? Yes, you can win real money at WPT Global. WPT Global also offer the chance to win seats in any number of exciting live tournaments.
Is Chinese poker the same as poker?
Is Chinese poker the same as poker? Chinese poker is a card game in the poker family that plays quite differently from traditional game variants that most poker players are familiar with (like Texas Hold’em). Each player gets 13 cards in a game of Chinese poker, and is tasked with making two five-card hands and a three-card hand.
Experience the thrill of WPT Global Poker with the free app available for Windows, macOS, iPhone, and Android.
This site only collects related articles. Viewing the original, please copy and open the following link:World Poker Tour Learn Why The WPT Is A Top Poker Tournament
