Mike Matusow thinks WSOP Tournament Buy-ins should be Dramatically Lowered

Mike Matusow says a lot of things, which means that not everything coming out of his mouth is in anywhere, shape or form newsworthy. However, he did recently make a good point about how WPT and WSOP tournament buy-ins should be lowered so more live players can make a living. “The Mouth” discussed this in a recent interview by saying the following:

I’m not a big fan of traveling the circuit. Unless they bring the buy ins down to around $3,000 now, everybody is going to go broke. I think all the WPTs and all the WSOPC events should be like $3,000 and they should cut the rake in half. People are hurting. If you’re going to play a $10,000 tournament once a month, it’s impossible to survive. That’s why you don’t see me.

It costs like $700k a year to play all the big tournaments. That’s about one second place finish. Do you have any idea how hard it is to win second place every year? You’re playing the best players in the world.

Matusow went on to say that he doesn’t think the poker world can sustain itself without the big sponsorship deals coming from sites like PokerStars and Full Tilt Poker. He specifically pointed out that the WSOP has to “start giving back” because times are rougher right now.

The Mouth also talked about the Full Tilt Poker situation a little, and he basically backed Howard Lederer and Chris Ferguson up by saying, ”

I still believe Howard is not a criminal. Chris is not a criminal. I know they would never steal from anybody. They made mistakes. When they had no money they needed to sell right away. They had offers but they wanted to be greedy about it and keep control. They lost the offers. They put themselves in this position.

As evidenced by his nickname, Matusow has always been known as a loudmouth. However, with 18 years of experience in the poker world, he does have some good insight into the current state of the game. And it’d certainly be nice if the WSOP took his advice about cutting tournament rake in half!

Tags: , , , , , , , , ,