In many ways the history of the World Series of Poker is the history of tournament poker itself. First run in 1970 as a cash game whose participants elected an eventual “best all-around player,” the 1971 WSOP marked the first time the event featured the freezeout, winner take all format organizer Benny Binion felt would attract more participants. And that it has. Thirty-five years after Moss won the first freezeout main event, topping a field of seven entrants, Jamie Gold beat out a field of 8,773 entrants in the largest live poker tournament in history.
Over the past four and a half decades, the WSOP has lead the industry, not just in growing fields, but also in innovation. By adding the bracelet in 1976, the Series rewarded its champions and created a tangible representation of victory. Through the creativity and hard work of numerous individuals and companies, the WSOP has stood the test of time, surviving and thriving while changing with the times. As the 45th annual WSOP begins, we take a look back at some of the greatest moments in the history of the game’s biggest institution.
1. Chris Moneymaker Wins the 2003 WSOP Main Event
In retrospect, the confluence of events that took shape at the 2003 World Series of Poker is almost unbelievable. Not only did a 27-year-old everyman beat the stereotypical card shark Sammy Farha heads-up to win the title, but his name was also Moneymaker. Not only did the accountant from Tennessee win $2.5 million dollars, but he also did so after investing only $39 to win his way into the tournament on an online poker site. Not only did he do so on television, he also did it with hole cards shown for the first time on ESPN.
Chris Moneymaker topped a field of 839 entrants in the main event that year at Binion’s Horseshoe in downtown Las Vegas and in doing so ensured that the tournament would never again have less than multiple thousands of entrants. Just four years later, around 5,000 players qualified at online poker sites for the 2006 main event, a year that paid Jamie Gold $12 million for winning the tournament. There is no doubt that Moneymaker’s win sparked the poker boom of the early 2000s, infusing the game with new participants and fans who were inspired to believe that they could also do what Moneymaker had done. Without fail, any poker pro under the age of 30 who is asked today what lead to their getting into the game will respond, “Moneymaker.” Who wouldn’t be inspired? What happened on that night in May changed the trajectory of poker by making it a modern expression of the American dream.
2. Johnny Chan Wins Back-to-Back, Almost Gets Hat Trick
If Moneymaker convinced the world that anybody could win at the WSOP, nearly two decades earlier Johnny Chan did his best to prove that sentiment false. In 1987 Johnny Chan became the first foreign-born player to win the championship, proving that the Series was a global affair in more than just name. That year he topped a field of 152 players to win $625,000.

In 1989, owner of the Los Angeles Lakers and poker fanatic Jerry Buss promised Chan an NBA championship ring if he could win three in a row. Buss must have surely thought he would never have to make good on that promise, but incredibly Chan once again navigated his way down to heads-up play from a starting field of 178. Chan lost heads-up to a 24-year-old from Wisconsin named Phil Hellmuth, falling short of the three-peat and having to settle for back-to-back wins in the main event. Chan remains the last player to have accomplished that feat.
3. First $1 Million Buy-In Tournament Awards Largest Prize In Poker History
There was a time when the $10,000 main event at the WSOP seemed prohibitively large. For the most part, only the best poker players and well-to-do businessmen posted the stack of a hundreds required to play. In 1972 Johnny Moss, Doyle Brunson, and the rest of the game’s top players probably would have bet the bank against there being an event held 40 years in the future that would cost 100 times as much to enter.

4. Phil Hellmuth Wins 13th Bracelet In 2012 WSOP Europe Main Event
The WSOP gold bracelet is undeniably the most coveted hardware in the game. Despite the rapid expansion to nearly 60 events during the summer and the addition of the World Series of Poker Europe and World Series of Poker Asia Pacific, the gold bracelet still marks its owner as a member of an elite club.
During the poker boom that followed Moneymaker’s win, several of the game’s greats become embroiled in an arms race of sorts to see who could win the most bracelets. For a while it was a three-man race between Johnny Chan, Doyle Brunson, and Phil Hellmuth. But while the latter two topped out at 10, Phil Hellmuth just kept on winning.

5. Stu Ungar Wins Third WSOP Main Event 16 Years After First

The year after winning two bracelets, he and his wife gave birth to his daughter Stefanie. Sixteen years later, wearing circular blue sunglasses in an attempt to hide his nostrils that had collapsed from years of cocaine abuse, Ungar scraped together a last minute buy-in and was the final entrant in the 1997 WSOP main event. With a photo of his daughter by his side throughout, the “Comeback Kid” tore through a field of 312 players to capture his third main event title and the $1 million first place prize. It was a historic poker achievement and one last shining moment for the prodigy. He died the following year from a heart condition brought on by drug abuse.
6. Amarillo Slim Wins 1972 Main Event, Becomes First “Ambassador” Of The Game

He parlayed his title and charismatic personality to embark on a national publicity tour that led to a total of 11 appearances on The Tonight Show and also a feature on 60 Minutes. The WSOP had made its first impression on mainstream America thanks to Preston, and largely due to his win and ensuing press coverage a CBS camera crew was present to film a documentary featuring the event the following year.
7. Doyle Brunson Goes Back-to-Back In Main Event With 10-2

2
on an A
J
10
2
only to find out he was up against heads-up opponent Jesse Alto’s A
J
. Fortunately for Brunson the 10
hit the river, giving him the pot and the title. Incredibly Brunson made it to heads-up play in the main event the following year and this time Brunson’s 10-2 made the best two pair on a 10
8
5
2
board when the money went in with his opponent Gary “Bones” Berland holding the 8
5
. The river 10
again gave Brunson tens full of twos to win the pot and his second consecutive main event win. This incredible sequence of events put Brunson on the path to becoming the living legend he is today and ensured that 10-2 would forever be associated with the Poker Hall of Famer.
8. Tom McEvoy Becomes First Satellite Winner To Capture Main Event Title

They did and just like that one of them was in the big dance and the satellite was born. 1983 was the first year that amateurs outnumbered seasoned pros in the field, but would go down in history as the first time that a satellite winner became the main event champion. Tom McEvoy was no rank amateur, having won a bracelet earlier that year, but the former accountant, who was laid off several years prior, was also far from a Texas road gambler like many of the event’s prior champions. When he came out on top it helped to shift the idea of who could be a WSOP world champion.
9. Annette Obrestad Wins Inaugural WSOP Europe Main Event

For an event that represented the new path of poker’s modern era, there couldn’t have been a more appropriate champion: 18-year-old Norwegian online poker sensation Annette Obrestad. For the win, Obrestad earned £1,000,000 and a place in WSOP history as the first player under the age of 21 to win a gold bracelet. To this day she remains the youngest bracelet winner at 18 years and 364 days old, despite a total of 38 bracelets being awarded at the WSOP Europe and five more at the WSOP Asia Pacific, with all 43 events being open to players 18 or older.
10. Chip Reese Wins Inaugural $50,000 H.O.R.S.E.

It also set the record for the longest heads-up battle, with Reese and Bloch playing for 286 hands against each other over a seven-hour period. Reese, who was a high-stakes cash game regular and three-time bracelet winner, died in 2007. As a tribute, the “David ‘Chip’ Reese Memorial Trophy” was inaugurated in 2008 as an additional prize for the winner of the $50,000 H.O.R.S.E. event, which has since been changed to an eight-game mix.
Top Ten WSOP Historic Events Vol. 27, No. 11
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Head Games: Know Your Table Image to Make Strategic Plays and Appropriate Adjustments
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Final Table Takedown: Alex Masek Captures Another World Series Of Poker Circuit Ring
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Crushing Live Poker With Twitter
by Bart Hanson
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A Poker Life: Walter Browne
by Tim Peters
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Pro-File: James Carroll Discusses His $1.3 Million March
by Erik Fast
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No-Limit Betting Patterns To Monitor — Part 2
by Bob Ciaffone
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Open-Face Chinese Poker: Late Game Simulations
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Mistakes $5-$10 Players Make
by Ed Miller
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Second Place May Be The First Loser, But It’s Worth A Lot More Than Third
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Force Them Out Or Keep Them In?
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A Primer for the 2014 World Series of Poker $1,500 Dealer’s Choice Event – Part I
by Ben Yu
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The WSOP: It’s Almost Here!
by Roy Cooke