Poker Surpasses Prize GuaranteePublished October 3, 2006 by OCR Editor
The World Championships of Online Poker (WCOOP) caught the world's attention when its cash prizes exceeded the guaranteed prize of 10 million dollars with only four poker tourneys remaining! This put the online poker room on pace to award nearly 20 millio
The WCOOP grows every year. A few years ago, the WCOOP was the fourth-largest poker tournament overall in the world (behind only the World Series of Poker, World Poker Open, and LA Poker Classic), and was on the verge of becoming the second-largest in terms of player numbers and prize money. At the end of this year's event, we will have updated figures and see if the WCOOP is second only to the WSOP, said Director of Communication, Nolan Dalla. These are staggering numbers for a tournament series of this kind. Who knew that a poker event could be so popular among players?
One unique element of the series and other major online tournaments is the ability to make final table deals. In large live tournaments like the World Poker Tour and the World Series of Poker, players must battle it out until the end and earn their prizes based solely on how they finish. At the WCOOP, players are allowed to make deals for the final table prize pool with a stipulation that 10,000 to 20,000 dollars remain on the table for the overall winner.