Why High Roller Poker Events Continue To Cause A Storm
When you turn back the clock of time and look for the first high roller event that made headlines, you will most likely go back a decade and land up at the Aussie Millions which had a $100k buy-in.
The event was put together in order to attract the best poker players in the game and it turned out to be a great success.
Since then, a number of poker operators have used that template to run multiple high roller events which continue to be highly sought after as high rollers are willing to fork out $4 or $5 million each year in order to take part in every high roller tournament out there in return for a much bigger paycheck.
Super High Roller Bowl, Big One for One Drop, Triton Super High Roller Series are some of the most popular high stake events going around. The poker world has definitely been taken over by the high roller phenomenon – and it’s unlikely to stop because of the following reasons.
Huge Prize PoolsWith whopping sums up for grabs at high-stakes tournaments, poker professionals cannot pass up the opportunity to win millions in a short period of time – bigger buy-ins result in more winnings.
The largest and most prestigious poker tournaments are now running satellite events to allow low-bankroll players to enter high-stakes games at cheaper and more affordable prices. If you’re an average Joe looking to hit the jackpot, high-roller events offer a great opportunity.
Chance To Create History
One of the ways to establish yourself as a premier poker player in the past was to win a number of WSOP events or the WSOP Main Event. Today, poker players can make a name for themselves by winning high stake events and quickly climbing up the All Time Money List rankings.
Let’s take the case of Justin Bonomo. Last year, he surpassed Daniel Negreanu on the All-Time Money List, taking over the number 1 spot – mainly thanks to a series of high-roller victories Bonomo scored in 2018, which includes the much-coveted WSOP Big One for One Drop for $10 million.
The New World of Poker
However, as the high roller environment evolves, the negative implications are hard to ignore. Take for example the honest views of Max Silver, a semi-retired player and a semi-regular in the high roller environment.
Silver says the All Time Money can no longer serve as a gauge for a poker player’s skills as the number of high-stakes events, coupled with re-entries and huge payouts can quickly push a player with lesser skills up the list to surpass some of the great’s of the game who are far better players.
While Silver does have a point, we are going to see more high stake poker events going forward and more millionaires being created overnight.