The main tournament of the WSOP poker series is in full swing, and after the first days of play, we know that the Main Event broke the historical record from 2006. This year's Main Event registered a total of 10,043 entries, thanks to which it was possible to collect an incredible $93,399,900, which will be distributed among 1,507 players. $12,100,000 awaits the winner, which sparked an interesting discussion on Twitter.
After the payout structure was published, players noticed big differences, especially at the final table. It seems to them that the prize for the winner - $12,100,000 - is artificially inflated by marketing. And they're basically right, because the winner will take home $100,000 more than Jamie Gold in 2006, who collected $12 million for the win.
ME WSOP 2023 Payout Structure:
- 1st: $12,100,000
- 2nd: $6,500,000
- 3rd: $4,000,000
- 4th: $3,000,000
- 5th: $2,400,000
- 6th: $1,850,000
- 7th: $1,425,000
- 8th: $1,125,000
- 9th: $900,000
The payjump between first and second place is also huge, with the second best taking home only half as much as the winner. The fact that last year the reward for the first place was 12.4% of the total prize pool gives the truth to these speculations. In terms of numbers, it was exactly 10 million out of the 80.7 million prize pool. This year it is up to 12.9% of the total prize pool.
When comparing, it should also be noted that with a larger field of players, the amount of percentages allocated to the winner should decrease, as the prize pool is redistributed to a larger field of players.
Mike Matusow was also critical of this, saying on his Twitter that in 2005, the player in 9th place had at least a million and the player in 4th place had more than 3 million dollars.
Alex Christian wrote: "Why is this a surprise every year? Agree on a structure, publish it and let's move on. This is nonsense."
Kevin Martin joked: "All or nothing. The winner takes 93 million and not a cent of the rest."
2003 World Champion Chris Moneymaker again appealed to the WSOP management to review the payout structure overnight. "It's not too late. One day we'll put more than 12 million for the first place. It doesn't have to be now."
However, the payout structure has changed significantly since 2006. Back in the day, only 10% of players made it to ITM, and it was possible that there were more ME WSOP millionaires. However, now up to 15% of the field gets into ITM, which means that the prizes at the final table are smaller, but a larger group of players reach for the money.
Whether a pay structure is good or bad can be debated for a long time. However, surely none of us would turn down the record winning that is currently waiting for the winner - $12,100,000!
Source:PokerNews
