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World Poker Tour - The Beginning of a
Phenomenon World Poker Tour high stakes poker tournaments started a revolution in
the way the game is viewed, enjoyed, followed and played. Even though the
World Series of Poker had been televised for years before the World Poker
Tour (WPT), the game of poker was elevated when "WPT cams" were placed
around the table so that the world could experience seeing what hand the
players were playing and become emotionally involved in the decisions that
were being made. When you add the fact that hundreds of thousands of
dollars are laid out on the table with watching a few "instant
millionaires" being made at these events, the world was hooked. But when
word got out that anyone could challenge the planet's top poker player for
six to seven-figure piles of money, individuals from all over came out to
take up the challenge. The WPT is made up of a number of high stakes poker tournaments held in
different locations all over the globe. They are open to anyone willing to
pay the entry fee, sometimes as high as $25,000 per seat. A person who
wishes to enter any of these events can simply contact the casino hosting
the event to do so. WPT CEO Steven Lipscomb started the idea of televised
poker events with the WPT cams on cable back in February 2002. The
breakaway success of this idea spawned many similar ideas and has inspired
numerous land based casinos that had closed their poker rooms after
dismissing poker as financially not worth the effort, to reopen them.
Today, on top of seeing the best of the best in poker you can see
millionaires, CEO's, rocket scientists, software kings, mathematicians,
women and actors at the tables shoulder to shoulder competing to see who
is the best. And on occasion, you can see an amateur beating a seasoned
professional which sends out a resounding message that anyone can win. Having been rewarded for staying a step ahead of the pack by reaching
for new levels in the arena of poker, in September 2004 the WPT announced
the tournament schedules for seasons 4, 5 and 6 that covers up until 2008
to a waiting public. (Those schedules are subject to change as more and
more casinos and online poker rooms vie to host WPT events.) For season 4
the WPT has also announced the creation of a special poker tour for
professionals only called the Professional Poker Tour. The difference is
that the criteria for entry will be based on success in previous
tournament play verses the WPT where anyone willing to pay the fee can
enter regardless of past performance or skill level. Another innovation is that WPT has partnered with land based and online
poker rooms to establish satellite tournaments that can allow a player to
win a seat to a WPT event without having to pay the pricey seat fees.
These satellite tournaments often have entrance prices of under $200.00,
which makes it more affordable for those seeking to play in a WPT
event. The WPT has grown to where it has made an offering of common stock
under the NASDAQ symbol WPTE (World Poker Tour Enterprises). And
agreements have been completed to have the show presented in Australia,
Sweden, South Korea and the Philippines. They have also partnered with
WagerWorks to build an online site that will allow real money wagering for
poker players, so look for it in the future. (At the time of this writing,
U.S. wagers will not be accepted on this new site). Being the version of a
reality television series, you can expect new innovations to keep the
World Poker Tour on top of the game of poker. Tom Howze is a webmaster for 7 sites that relate to online gambling,
World Series of Poker and World Poker Tour events and updates. For more
information, please visit 2005 World Series of Poker . He can be reached at
webmaster@justgambleforfree.com for questions.
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