The odds of winning the WSOP main event is a question that gains weight when posed in the context of an amateur looking to beat the odds and go up against seasoned players.
We can rephrase the question and put it this way; do you need an outstanding skillset or just a boatload of luck? Answering this question is no easy feat, considering that it is dependent on a number of variables.
One of the major factors is that poker is a skill-based game. As such, your odds of winning the WSOP main event are dependent on your level of mastery. While the luck element is inherent to the game, that is just a small influence on the outcome.
The World Series of Poker attracts the top poker talents from around the world. A majority of them have spent years mastering all possible strategies and mathematical variables that might favor their odds of winning.
If you are an amateur, you still stand a chance to win the main event with some practice, and a ton of luck. Let’s look at the possibility and difficulty of winning the WSOP.
What It Takes to Become a Champion
Have you been playing online poker at some of the best poker sites and making a decent profit? If that’s you that I just described, chances are that you are contemplating taking your game to the next level by going up against the big dogs at the World Series of Poker.
It is obvious that the kennels do not get any bigger than the WSOP. Just ask all-time veteran Daniel Negreanu or WSOP bracelet record holder Phil Hellmuth, and they will all confirm it for you. Despite all that, I can tell that that fire in your belly still burns.
The WSOP main event gives you a shot at the ultimate poker glory. You don’t just want to have a seat at the final table but to be crowned the champion and take all that comes with the title. While not everyone would give the bracelet much consideration, all eyes get fixated on the money.
However, you should know that it takes a lot of dedication and commitment to win the WSOP final event. For you to emerge the event’s champion, you will have to outperform all players that qualify for the main event, including record-holders like Phil Hellmuth and Daniel Negreanu. That means learning, practicing, and mastering the game.
What Makes a WSOP Winner?
Regardless of the obstacles, you might encounter, you must beat all the odds to win. All players who have done this are filthy rich – swimming in money. But as you can imagine, these players did not just wake up one day and rock up with empty pockets to the WSOP poker tables.
To win what’s considered the poker Super Bowl, it’s going to take impeccable skills, a big bankroll, and luck. There are no get-rich-quick schemes in poker – they do not work with this classic card game. You must go through an arduous process that very few players see through to the end.
Even the world’s most famous poker players have missed a chance to earn a spot on the final table. Though there are several strategies and tips that will help you win the World Series of Poker final event, you should know that they are not always guaranteed to work.
You must also remember that player psychology plays a vital role in winning this game. While most players have their eyes fixed on the final stages, many forget that the early stages help lay the foundation and hence count the most.
Amateur vs Pro
The WSOP is probably the only sporting event that pits amateur players against seasoned professional players. Provided you can afford the event’s $10,000 buy-in, you are an eligible contender for the WSOP final event.
In the past, the huge buy-in was a major barrier that kept amateurs from taking part in the main event. However, the advent of online poker with satellites that could direct players to the WSOP for just $1 saw thousands of novice players taking their chances at the main event.
Everyone’s odds of winning plunge as the number of skilled players increases. However, as the player pool grows, the odds of a novice player increase since there are just as many novice players. A huge player pool means that professional players must survive a minefield of amateur players with unpredictable playstyles.
Every once in a while, we get memorable moments of amateur players who see it to the top of the tournament’s championship. The epic duel between Sam Farha and Chris Moneymaker in 2003 was such a huge moment in the history of the WSOP where the amateur Chris emerged the winner.
The Odds of Winning a WSOP Bracelet
There are numerous WSOP bracelet events each year. These competitions range from low buy-in events to huge buy-in competitions brimming with pro poker stars. The odds of winning a bracelet have more variable than those of winning the main event.
It will depend on the number of events you are willing to play, the number of entries, your skill levels at each event, and much more. A number of pros calculate their odds of winning a bracelet and take prompt action on their chances.
In 2007, Eli Elezra made bracelet bets quite popular. This was following a heated debate on whether winning WSOP bracelets was easier before the poker boom. Elezra took his 5 to 1 odds on $100,000 and Barry Greenstein gave him a 10 to 1 on $25,000. Elezra ended up winning the $3,000 seven-card stud event, cashing in big on his bracelet bets.
One of the biggest and most famous WSOP bracelet bets was made in 2014 when Daniel Negreanu and Phil Ivey bet even that one of them would win a bracelet in the 63-event WSOP. Ivey won a $1,500 Eight Game Mix event, bringing the duo their winnings.