WSOP.com, an online poker brand belonging to Caesars, is celebrating its launch in Nevada by running the WSOP Online Championships, which have a prize pool of $500,000.
The event, which will comprise 9 events, will begin on October 25 with a $100k freeroll and will conclude on November 2 with a $200 buy-in main event. The schedule also includes a couple of re-buy tournaments and other events with buy-ins as low as $25 plus $2.50.
The winners of each of the nine tournaments will become the Online Nine, and they will play against one another in a $100k SnG freeroll, which will be held on November 4. The last two players left standing will continue playing at the finals of the WSOP Main Event, which will be held at the Las Vegas based Penn and Teller Theatre. While the winner will take home the grand prize of $50k, the runner-up will be rewarded with 30k and the player who finished third will receive $20k.
Players who want to take part in this championship must register for real money play at WSOP.com. Players who make their first deposit will be rewarded with freeroll tickets worth $100, which they can use throughout the week.
The most important events of the WSOP Online Championships are the $100k NLH Freezeout freeroll, which will be held on October 25; the $50k NLH Freezeout, which will have a buy-in of $100+$9 and will be played on October 31; the $60k NLH Freezeout, which will have a buy-in of $200+$15 and will be played on Nov 1; and the $75k NLH Main Event, which will have a buy-in of $200+$15 and will be played on Nov 2.
WSOP.com, which went live in September, is available to everybody located in Nevada. Poker players had begun registering for real money play at WSOP.com even before its launch at the Rio Convention Centre, where the WSOP 2013 events were being held. According to WSOP, as many as 12,000 players registered at that time.
Right now, WSOP.com and Ultimate Poker, a brand belonging to the Las Vegas based Station Casinos, are the only licensed and regulated online poker rooms in Nevada. Both WSOP.com and Ultimate Poker hope that various US states will legalize online poker and form interstate online gaming compacts so that they can accept players from other US states too.
Currently, only three US states—Delaware, New Jersey, and Nevada—have legalized online poker.