The World Poker Tour (WPT) is gearing up for its World Championship Festival, featuring the largest live tournament guarantee in poker history. The Championship Festival opens today at the Wynn Las Vegas casino and runs through Dec. 20.
To celebrate the 20th anniversary of the WPT, the festival will include over a dozen tournaments. It will culminate with the $10,400 buy-in WPT World Championship No-Limit Hold ’em event that opens Dec. 12.
The No-Limit Hold ’em tournament will have an unprecedented $15 million guaranteed prize pool.
About World Poker Tour events
From Dec. 8 through 12, people can tune in to the televised $1,100 buy-in WPT Prime Championship with a $2 million guaranteed prize pool.
There will also be The Wynn Mystery Bounty event that opens Dec. 16, with the final table set for Dec. 19. The mystery bounty event comes with a $2 million guaranteed prize pool.
However, poker players will draw for cash and prizes after eliminating a competitor, potentially winning up to $100,000.
Lastly, the $1,100 buy-in WPT Ladies Championship, which begins Dec. 16, will feature the largest guarantee for an open women’s event in poker history. The televised final table set for Dec. 18 will have a $200,000 guaranteed prize pool.
In a statement, WPT CEO Adam Pliska said:
“We are so encouraged by the tremendous initial response to the World Championship Event. Considering the immense efforts by our very own VP of Global Tour Management, Angelica Hael, it is only fitting to advocate for the progression of women in poker, including the many women who have been critical to the WPT story.”
Busy time for Las Vegas casinos, WSOP also running
In addition to the WPT, the World Series of Poker (WSOP) has been busy over the last several months.
The WSOP has called Las Vegas home since 1970, but for the first time, it was able to call the Las Vegas Strip ground zero.
Last year, WSOP officials said the tournament would be held on the strip at Bally’s and Paris Las Vegas. A total of 8,663 players forked up $10,000 to play in the main event.
It was the second-largest field in poker history, only 110 entries shy of the 2006 record.