Side Betting at the WSOP

For high profile poker players at the WSOP simply winning hundreds of thousands of dollars and bracelets just isn’t enough, they have to place side bets with each other to add to the tension and excitement.  Side betting at the WSOP can often raise bigger prizes than 1st prize of an event.

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King of the side betting at the WSOP is Phil Ivey.  Ivey has already won two events at this year’s World Series of Poker claiming over $300,000 in event prizes, but this figure pales into insignificance when compared to the additional $3 million dollars that Ivey allegedly won in side bets with various other poker pros after taking the $2,500 No Limit Deuce-to-Seven event.  One of the most well known side bets at the WSOP is the bracelet bet.  Daniel Negreanu has a well publicised bracelet bet with Phil Ivey where every time one of them wins a WSOP bracelet the other has to pay them $200,000 leaving Negreanu $400,000 down already this year.  It’s not just WSOP bracelets that draw side bets out of poker pros, UltimateBet pro Annie Duke won a $500 bet against Steve Zolotow, who had bet that Annie's marriage wasn't going to last longer than 5 years!

The WSOP isn’t just for the seasoned poker pro with millions in the bank.  Take a look at Chris Moneymaker for example, who won the WSOP main event in 2003 after winning his seat playing in a $39 satellite tournament at the online site PokerStars.  All of you UK poker players out there have the chance to play in Vegas too by playing WSOP entry tournaments at the many online poker sites like UltimateBet and PokerStars.

25th June 2009

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Article Last Updated: 21/05/2010 12:28:14

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