World Series of Poker starts with new events - Sports - MailTribune.com - Medford, OR

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED   » NEWS NOW   UPDATED: Trump, Sanders victorious in New Hampshire primaries       ...       Man jailed after allegedly groping jogger on Bear Creek Greenway       ...       Oregon man who killed officer had long criminal record       ...       UPDATED: Trump, Sanders victorious in New Hampshire primaries       ...       Man jailed after allegedly groping jogger on Bear Creek Greenway       ...       Oregon man who killed officer had long criminal record       ...           POKER World Series of Poker starts with new events Comment By The Associated Press MailTribune.com By The Associated Press Posted May. 27, 2015 at 2:00 AM By The Associated Press Posted May. 27, 2015 at 2:00 AM »  Social News LAS VEGAS — If the World Series of Poker is lucky, the popularity of the Las Vegas championship's newest event could cause a poker chip shortage. The annual set of 68 tournaments at the Rio All-Suite Hotel & Casino that rewards millions of dollars to the best card sharks starts today with a new event dubbed the Colossus expected to attract at least 10,000 players. The Colossus represents the lowest buy-in in 35 years with players ponying-up $565 each to win their share of a $5 million prize pool, with the winner likely walking away with nearly $600,000. The 45-year-old event now owned by Caesars Interactive Entertainment Inc. is also spreading the wealth for its $10,000 no-limit Texas Hold 'em main event and hosting an online tournament that will end with a live poker matchup. The World Series of Poker drew 82,360 players last year with 10 percent winning some of the $227.7 million in prize money. Lance Bradley, the editor in chief of poker news site Bluff.com , said the series has long worked to widen its appeal. But this year appeared to be unusually ambitious, catering to the regular guy who doesn't mind parting with $565 but would blush at spending $1,000, while still attracting "the pros who don't want to play against those guys." If everyone expected shows up for the Colossus, there will never have been a larger live poker tournament. World Series of Poker spokesman Seth Palansky said the logistics won't be as challenging as managing the large number of players who might be new to the tournament because of the cheaper entry fee. "Your eyes are a little bigger and you walk a little slower," Palansky said of those new to the overwhelming event. That's why the World Series of Poker has been encouraging advance registration to cut down on the time players might wait in line to pay. The tournament can fit about 24,800 poker players in the single event if need be, Palansky said. There will be fewer bricks of cash piled atop the poker table when the next winner of poker's Main Event is crowned in November. A guaranteed $10 million top prize is no longer a certainty since top poker players told series officials they would rather see more people win money, in this case the last 1,000 players standing. Spreading the wealth is likely to drop the top prize closer to $8 million. By The Associated Press MailTribune.com By The Associated Press Posted May. 27, 2015 at 2:00 AM » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2016 Local Media Group, Inc. All Rights Reserved.    Privacy Policy  |  Terms of Service  |  Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501