Online poker is one of the most popular and lucrative forms of casino gambling available today. In one survey by the Global Online Cricket Betting ID and Gaming Consultants in 2004, the market is valued at $1.4 bn. Today, it’s still a growing business with greater player participation and exciting events like poker tournaments. Online poker tournaments are highly structured events played in a fast-paced and intense manner. Here, poker players do not just play against others for the pot at the end of the round. Poker tournaments bring out the competitive spirit among players as they play not just for the jackpots but the bragging rights. In this blog, you will be knowing the The Most Popular Poker Tournaments in the World.
Poker tournaments may come in different sizes and tournament-related details are determined before they start. Tournaments are different from cash games or the traditional online poker game you play online. In a poker tournament, players start from the lowest blind level and move up. Also, players have the same amount of buy-in with tournaments. While in cash games, a minimum and maximum amount of buy-ins is set.
Some of the popular types are Rebuy and Add-on, Freezeout, Freeroll Poker, Guaranteed Poker, Knockout, and Satellite Poker tournaments. Rebuy tournaments happen when players repeatedly buy in once their stack gets low. In Freezeout tournaments, a player gets busted out of the tournament when they lose their buy-in chips. Meanwhile, players are guaranteed a minimum amount in the prize pool when they play Guaranteed Poker. All these serve as the basis in planning the widely popular poker tournaments that are hosted in different parts of the world. Described below are the most popular events that poker players follow, play in, and support.
World Series of Poker (WSOP)
The first World Series of Poker (WSOP) tournament was held in 1970. Today, the WSOP series tournament has expanded with an annual schedule in Las Vegas and other parts of the world. It all started when Benny Binion initiated a single poker tournament at the Horseshoe Casino with seven of the best-known poker players. Today, it’s one of the most exciting tournaments in the business that attracts some of the best players. As of 2020, participants can now take part in 101 events covering the most popular poker variants. However, Texas Hold’em dominates the list of events of WSOP.
World Championship of Online Poker (WCOOP)
This poker tournament is one of the most prestigious online tournament series in the world. The World Championship of Online Poker (WCOOP) is an online event hosted by Poker Stars. Since it is available online, players from all parts of the world can participate in this ultimate poker gaming. The tournament comes with bigger jackpot prizes. In the WCOOP, Cricket ID players can play in popular poker formats such as Pot-Limit, 5-Card Draw, and No-Limit Texas Hold’em.
Triton Super High Roller Series
Triton Super High Roller Series poker tournament is much like the WSOP. There are several Triton Poker events taking place al l over the world. And these events vary in terms of size and buy-in requirements. However, other players may not be able to afford expensive buy-ins in Triton poker. But the jackpot you may potentially win is worth it. This feature makes it an ideal game for high roller gamers.
The Big One for One Drop
The Big One for One Drop is a No-Limit Texas Hold’em poker tournament featured at the WSOP. This poker tournament has become attractive for its high buy-in. It also holds the record for having the highest single payout offered. Since 2012, the Big One for One Drop has offered up to $10,000,000 to players. While it offers bigger prizes to players, the event is also known for its charitable contributions. A portion of the buy-in from every player is donated to the One Drop Foundation.
World Poker Tour
The World Poker Tour is an online poker tournament that features an elite group of players contending in various tournaments throughout the year. You can see matches from the Tour broadcasted on television across the world. This tournament is also popular for its huge jackpots offered. Every poker tournament features the main event. Buy-ins for those events usually range from $3,500 to $25,000. Also, players can become a member of the WPT Champions Club.
This is just a shortlist of some of the most exciting poker tournaments in the world. Compared to a traditional cash poker game, a poker tournament throws in the thrill, popular poker formats, and some competition into the mix. It also brings in a truckload of cash for the lucky player. For example, the prize pool for the WPT reached more than $1,200,000 in 2020! If you are a fan of online tournaments, you can consider three major criteria: variety, volume, and rewards. These three factors are present in all popular poker tournaments and can help provide you with an exciting gaming experience.