Televised poker has taken yet another step forward.
On Friday, Harrah's Entertainment
Three years ago, WPT Enterprises
However, the one thing that all of the shows have in common is that they are edited, and viewers only get to see the big hands of tournaments that have already taken place. And in the case of the really big tournaments, many of the viewers also already know who wins.
What a live pay-per-view event does is take reality poker shows to a new level, and there is no bigger or better tournament for such an occasion than the World Series of Poker Main Event, by far the biggest tournament in poker and the richest sport event in the world. Last year's tournament awarded nearly $53 million in prize money, with champion Jospeh Hachem taking home $7.5 million. Moreover, going PPV allows both Harrah's and Disney to further monetize the WSOP property, with a $24.95 retail price for what will be a 14-day Main Event.
For related Foolishness, check out:
- Poker Writers: Please Curb Your Enthusiasm
- ESPN Goes "On Tilt"
- Playing on Poker's Draw
- Milking the World Series of Poker
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Fool contributor Jeff Hwang owns none of the companies mentioned above.