A €50,000 Re-Entry High-Roller tournament has been added to the schedule for the 2012 World Series of Poker Europe.
The event will start on October 2 and will be played over three days with registration open until the second level of play on day 2.
The event is inspired by the highly successful Big One for One Drop tournament that was held at the 2012 World Series of Poker.
Ty Stewart, executive director of the World Series of Poker, believes that high stakes poker action will really build the excitement for the event.
“There is an appetite for a group of players to continue to play really big, and we strive to have offerings for every player at WSOPE events. A high-stakes tournament seemed the best way to ensure these players could get the action they crave beyond the large tournament fields,” Stewart said.
The event will be the first reentry event ever to be played at the World Series of Poker Europe and may lead similar events being added to the 2013 World Series of Poker schedule.
“WSOPE is a destination event, and poker players would rather be back in action than on a beach. You go halfway around the world and want to play, unlike Vegas where there is another event starting in a few hours,” Stewart said.
“For a High Roller, I think players want to see the prize pool as big as possible. There will be guys in the field likely firing two bullets and that means more value.”
The winner of the event will event will not win a World Series of Poker bracelet with Stewart claiming that the organization is cautious about the expansion of bracelets to protect their prestige.
“There’s a lot of action to be spread outside the bracelets. This year in Vegas, we had over 230,000 total entries in tournaments and satellites — with only about 75,000 of them bracelet events. We’re trying to do the same here in Europe with nearly 70 total events,” Stewart said.
The World Series of Poker Europe begins in Cannes on the 21st of September.
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