World Series of Poker $50 000 H.O.R.S.E. Event

The introduction of the $50 000 buy-in H.O.R.S.E. tournament at the 2006 World Series of Poker has provided a new challenge for poker players the world over and is even threatening the role of the Main Event as the unofficial World Championship title.

The buy-in is five times more expensive than the Main Event, and players have to be skilled in five different poker variations.

This means that the H.O.R.S.E. tournament has enjoyed huge popularity with professional poker players. The event is a more daunting prospect for amateur players, cancelling out "The Moneymaker Effect", which has seen the Main Event become flooded with amateur qualifiers since online qualifier Chris Moneymaker struck gold at the 2003 World Series of Poker.

The professionals have said that the $50 000 H.O.R.S.E. event is the true decider of the world’s best player and actually had a major part to play in convincing World Series management to include a tournament with such a large buy-in.

Chip Reese won the $50 000 H.O.R.S.E. event when it debuted in 2006, claiming a pot of $1.7 million. Other players at the final table included Doyle Brunson, TJ Cloutier, David Singer and Phil Ivey.

Reese, who died of pneumonia in 2007 at the age of 56, was the youngest player inducted into the Poker Hall of Fame in 1991, when he was 40 years old. He won 3 WSOP bracelets, despite not appearing at the World Series for over a decade early in his career.

Freddy Deeb won the 2007 WSOP $50 000 H.O.R.S.E. Event even though he was short stacked for almost the entire final table.

The title was Deeb’s second WSOP bracelet – following his victory at the 1996 $5 000 Deuce to Seve Lowball Event – and earned him $2.27 million, while David Singer made his second consecutive final table at the event.

Deeb has cashed a total of 22 times at the World Series of Poker