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For the last several years, the largest tournament in the world has been the World Series of Poker Main Event. With the exception of 1992, the US$10,000 buy-in tournament increased in prize pool year-over-year from its start in 1970 until 2007 (the latter a result of the Unlawful Internet Gambling Enforcement Act of 2006, which reduced the number of players winning their seats via online play).
The set of tournaments that the World Series of Poker (WSOP) would evolve into was the brainchild of Las Vegas casino owner and poker player Benny Binion. In 1970, the first WSOP at Binion's Horseshoe took place as a series of cash games that included five-card stud, deuce to seven low-ball draw, razz, seven-card stud, and Texas hold 'em. [13]
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Poker has been appearing on television somewhat regularly since the late-1970s. In the United States, CBS started airing the final table of the World Series of Poker (WSOP) Main Event as an annual one-hour show around this time and later by ESPN, which were casino-produced shows produced under a time-buy arrangement for sports omnibus programming such as the CBS Sports Spectacular.
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