Since the dawn of the internet age, the game of poker has never been more popular.
More and more people have gotten into poker through online play, and that has helped to boost the popularity of official tournament games as well.
Today, there is a healthy poker schedule around the world, with some huge cash prizes to be won.
1. World Series of Poker - Largest poker tournament
When it comes to the biggest poker tournaments around the world, arguably the best place to find the most lucrative payouts is the World Series of Poker (WSOP). This one is known as the largest one.
The ultimate prize is a WSOP gold bracelet, but these events also come with enormous prize funds attached.
The 2018 World Series of Poker was an extraordinary sight, with more than 120,000 players cramming into the Rio All-Suite Hotel & Casino in Las Vegas. In the 78 events, 18,105 of the players entered won a cash prize including 28 happy individuals who won $1 million or more.
For the very best, entry into the WSOP Main Event is the ultimate dream. With a $10,000 buy-in, only the finest poker players on the planet get to do battle to be crowned the best in the business – and win a first-place prize worth a staggering $8.8 million.
And we want to share a piece of great news with you - WSOP is about to enter the Ontario market, so make sure you're familiar with our WSOP Ontario preview available in the related article.
2. World Poker Tour - The World
While the WSOP is like an annual retreat for the best poker players, the World Poker Tour (WPT) is more their bread-and-butter.
This is a whole season of events, held in the US and around the world, involving the highest ranked players. These are televised and draw a rapt audience of poker fanatics looking to pick up tips and improve their own game.
The season culminates with the WPT Championships, a $25,000 buy-in event where the winner scoops in excess of $500k – not bad for a weekend’s work!
3. European Poker Tour - Europe
Like the WPT, the European Poker Tour takes place at high-class venues across the continent.
Owned and operated by PokerStars, buy-ins come in at around €8,000, with players able to pit their wits against the best around in Barcelona, Prague, Sochi and Monte Carlo.
In 2020, each of the main event winners takes home approximately €600k in prize money.
4. PokerStars Caribbean Adventure - Poker competition
How does the idea of flying to Paradise Island in the Bahamas for a chance to win part of the $8 million prize kitty grab you?
That’s exactly what’s up for grabs in the PokerStars Caribbean Adventure, with a series of tournaments headlined by the Main Event, with its $10k buy-in and top prize of around $1.5 million.
It’s an event in which amateur players have a fine history. John Dibella, who trades stocks and shares for a living, entered a satellite tournament on the PokerStars website to gain entry into the main event….and then proceeded to win the whole thing, taking home the top prize of $1.75 million!