Posts Tagged ‘WSOPC’

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

Sunday, June 17th, 2012

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!

WSOP Circuit Announces Events And Makes A Few Changes

Tuesday, August 3rd, 2010

Now that the World Series of Poker in Las Vegas has come to a close, at least until the final main event table in November, the WSOP Circuit (WSOPC) is ready to begin. The WSOPC has announced twelve of its tour stops, thus far, and also announced a few changes that are being made to the tournament circuit.

Let’s start with the changes. This year:

  • Cumulative points will be awarded to players who finish in the money and players in events with higher buy-ins will receive more points
  • The structure and payout of games will be standardized
  • There will be affordable $1,500 main events at all WSOPC stops that don’t have Regional Championships
  • A $1 million National Championship freeroll will be held at Caesars in Las Vegas at the end of the season, made up of 100 entrants that have either won a $1500 main event, earned the most cumulative points, made the final table of a $10,000 Championship, or finished the season in the top 40

The tour stops that have been announced so far are as follows:

  • August 19-31 – Horseshoe Council Bluffs (Iowa)
  • October 2-12 – Horseshoe Southern Indiana
  • October 15-27 – Horseshoe Hammond (Chicago area)
  • October 26-31 – Emerald Casino (South Africa)
  • October 28 – November 10 – IP Casino Resort & Spa (Biloxi, MS)
  • November 11-23 – Harvey’s Lake Tahoe
  • December 4-22 – Harrah’s Atlantic City
  • January 27 – February 14 – Harrah’s Tunica
  • March 2-13 – Caesars Atlantic City
  • March 11-30 – Harrah’s Rincon (San Diego area)
  • March 31 – April 13 – Harrah’s St. Louis
  • April 14-30 – Caesars Palace
  • May 9-22 – Harrah’s New Orleans