With World Series Of Poker (WSOP) 2023 Main Event registering record-breaking 10,043 entries, the prize pool now stands at $93,399,900. The winner will get a pay cheque of $12,100,000 with the runner-up grabbing $6,500,000 in prize money.
But these are impressive figures (not to forget these numbers have shattered previous ME records), so why is there an uproar about the ME payouts? Let us explain.
Poker players commented on WSOP 2023 ME payouts and called it stingy. Many users, including Mike Matusow, thrashed the payout structure. Folks believed that the 9th place should have $1 Million as its payout.
Matusow wrote, “Congrats @wsop you broke the record and don’t give everyone who makes final table 1m? What a disgrace of payout structure 700k for 10th? Common @wsop you can do better ! #WSOPMainEvent. (sic)
Congrats @wsop you broke the record and don’t give everyone who makes final table 1m? What a disgrace of payout structure 700k for 10th? Common @wsop you can do better ! #WSOPMainEvent
— Mike Matusow (@themouthmatusow) July 9, 2023
Another tweet of Matusow read, “A smart guy exploiting the absolute disgrace the @wsop has made a mockery of the main event by allowing people to sign up with 50bb when more then half field is out! #bravo #disgrace if he can double twice he gets to play 5 levels to cash! The main event isn’t a championship event anymore, it’s a big money grab! Far cry from Jack Binions rake free main event to close out the Wsop! #WSOPMainEvent.” (sic)
A smart guy exploiting the absolute disgrace the @wsop has made a mockery of the main event by allowing people to sign up with 50bb when more then half field is out! #bravo #disgrace if he can double twice he gets to play 5 levels to cash! The main event isn’t a championship… https://t.co/a54Uw5JaVv
— Mike Matusow (@themouthmatusow) July 9, 2023
How does 9th not even get 1m?
MAIN EVENT PAYOUTS:
Players: 10,043 WSOP Main Event Record!
Prize pool: $93,399,900
Places paid: 1,5071st: $12,100,000
2nd: $6,500,000
3rd: $4,000,000
4th: $3,000,000
5th: $2,400,000
6th: $1,850,000
7th: $1,425,000
8th: $1,125,000
9th: $900,000— Allen Kessler (@AllenKessler) July 9, 2023
Also Read: WSOP 2023: Robbi Lew MISREAD Her Winning Hand (She Rivered A Full House)
Users commented how there is nothing special left in the WSOP event and that the minimum pay on the final table should be $1 Million. Another Twitter user called the pay jump from $6 Million to $12.1 Million ridiculous.
Businessman and poker pro, Tex Barch wrote the following in his post, “The casino finishes 2nd place in every wsop event. Hijacking in broad daylight. This and terrible payout structure are big reason i quit.” (sic)
The casino finishes 2nd place in every wsop event. Hijacking in broad daylight. This and terrible payout structure are big reason i quit.
— Tex Barch (@TexBarch) July 9, 2023
Allen Cunningham, the five-time WSOP bracelet winner wrote, “This 1st is not the result of a formula. The previous biggest ever was $12 million for first, so they had to go $12.1 for this. However the 2006 Main Event paid at least $1 million all the way to 12th.” (sic)
This 1st is not the result of a formula. The previous biggest ever was $12 million for first, so they had to go $12.1 for this. However the 2006 Main Event payed at least $1 million all the way to 12th. https://t.co/BU6GPFrOlo
— Allen Cunningham (@AllenCunningham) July 9, 2023
This isn’t the first time you’ve heard this Twitter, but what’s stopping them from just paying $1million to the top 93 places?
— Allen Cunningham (@AllenCunningham) July 9, 2023
C’mon @WSOP… these payouts are amateurish. Absolute nonsense to do this.
The players play with an expectation that you will follow a formula and not use OUR MONEY for your promotional purposes. pic.twitter.com/7S1OweJPgG
— 🃏 David Lappin 🃏 (@dklappin) July 9, 2023
Interestingly, Twitterati also brought up the fact, WSOP is not going to listen to people who are not happy about the ME payout structure, as it’s above the pay grade.
Well said mr matusow. People should only have 10bigs. But this is above our paygrade…
— Scott Brandau (@ScottBrandau) July 9, 2023
For more news and updates, keep reading Gutshot Magazine or follow us on our social media handles. We are present on Facebook, Instagram, Twitter, and Telegram.
Image Credit: PokerGo
With a Masters Degree in Journalism and Communication, Mrinal Gujare currently is cruising through an exciting genre of writing and editing at Gutshot Magazine. Apart from being an Editor, Mrinal is an avid reader and a former contemporary dancer. She is also perennially hungry for intriguing scoops from across the globe. No holds barred is the rule Mrinal follows in life.
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