WSOP.com Online Championships Blows Away Record As Biggest Series Ever In US Regulated Market

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Players hailing from New Jersey and Nevada will have more than three million reasons to fire up WSOP.com this summer.

The operator recently posted the schedule for its annual Online Championships, a flagship MTT series that until now had separate counterparts in the New Jersey and Nevada markets.

In prior years, the series never guaranteed more than about $1 million, but the launch of shared liquidity in May opened the door for WSOP.com to start thinking big.

How big? $3.023 million guaranteed, which is more than twice that of the biggest MTT series held in the US regulated market to date.

The nuts and bolts

  • Number of events: 124
  • Dates: June 1 – July 1
  • # of tournaments daily: 4
  • # of $100,000 guarantees: 6
  • Buy-in range: $10 – $1,000

First aspect of note is the sheer number of tournaments. The Online Championships will feature four MTTs a day for a whopping 31 days. This was undoubtedly by design, as to maximize overlap with the live World Series of Poker, which just kicked off at the Rio.

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The first tournament of each day starts at 6:00 pm on weekdays and 5:00 pm on weekends. Tournament start times run as late as 11:00 pm, which may dissuade east coast players, but at least most of the late night MTTs are turbos.

In true WSOP.com fashion, the majority of the tournaments feature the rebuy & addon format, however there are a healthy number of re-entries. Rarer still are freezeouts, of which there are only nine.

What this means is that some of the low buy-in amounts are a bit deceptive, as players will reasonably have to purchase at least an addon to remain competitive with the playing field.

Lastly, there are just seven PLO MTTs on the slate, and the rest are NLHE. No other alternative formats made the cut, which is somewhat disappointing as WSOP.com has seen Stud and O8 games get off on the regular of late.

No real Main Event

Instead of opting for a singular Main Event, the OC will feature five $100,000 guarantees. Each one will take place on Sunday at 6:00 pm, and will require a $320 buy-in. Reentries will be allowed.

There is a sixth $100,000 guarantee, and this one is bound to resonate with players who think more games are better. On June 22 (Friday) at 7:00 pm, players can plunk down $1,000 for the NLHE/PLO split High Roller event. This 6-Max MTT will also feature reentries.

Player of the Year multiplier

Those hunting for the coveted Player of the Year ring will certainly want to take part in this year’s festivities, as WSOP.com is awarding POY multipliers for Online Championship events.

The full multiplier table, along with the OC schedule can be found here.

In New Jersey, the POY will win a cash prize of $10,000, an exclusive WSOP.com POY ring, and VIP seating for two at the 2019 WSOP Main Event in Las Vegas.

Player rewards now functional

After nearly a month of complaints, WSOP.com has finally ironed out the kinks with its Poker Rewards scheme.

Now, the software will reflect a player’s proper status, and dole out the right amount of rakeback. In addition, players will be able to redeem their points from the client by traveling to “Action Club” and then “My Rewards”. Once points are redeemed, they will show up in a player’s balance immediately.

Under the new rewards scheme, which launched alongside shared liquidity, players can receive up to 32% rakeback. Not to mention, achieving 25% rakeback is now well within reach for semi-regulars.

More on the recent rakeback changes here.

Robert is a veteran writer and analyst for the gambling industry, with a particular focus on the emergent US online gambling market. An avid poker and gambling enthusiast, Robert offers unique perspectives from both the vantage point of the player and industry professional, and is fit to cover a broad spectrum of topics.

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