title: 1978 World Series of Poker
text: # 1978 World Series of Poker
  
  The 1978 World Series of Poker (WSOP) was a series of poker tournaments held in May 1978 at Binion's Horseshoe, and was the first WSOP that was not a winner-take-all prize. Instead the tournament had a progressive prize structure, as follows 50 percent for the Winner then 20 for second, 15 for third, 10 for fourth, and 5 percent for fifth place.
  
  ## Preliminary events
  
  | Event | Winner | Prize | Runner-up |
  | - | - | - | - |
  | $10,000 Deuce to 7 Draw | Billy Baxter | $90,000 | Unknown |
  | $1,000 7 Card Razz | Gary Berland | $19,200 | Unknown |
  | $500 7 Card Stud | Gary Berland | $17,100 | Unknown |
  | $5,000 7 Card Stud | Doyle Brunson | $68,000 | Unknown |
  | $1,000 No Limit Hold'em | Aubrey Day | $42,600 | Unknown |
  | $200 Ladies' 7 Card Stud | Terry King | $10,080 | Unknown |
  | $5,000 Draw High | Lakewood Louie | $21,000 | Unknown |
  | $1,500 No Limit Hold'em | Hans "Tuna" Lund | $46,800 | Jesse Jent |
  | $1,000 7 Card Stud Split | David "Chip" Reese | $22,200 | Unknown |
  | $1,000 Ace to 5 Draw | Henry Young | $19,200 | Gary Berland |
  
  ## Main Event
  
  There were 42 entrants to the main event. Each paid $10,000 to enter the tournament. The 1978 Main Event was the first of its kind to pay prize money to any players other than the winner.
  
  ### Final table
  
  | Place | Name | Prize |
  | - | - | - |
  | 1st | Bobby Baldwin | $210,000 |
  | 2nd | Crandell Addington | $84,000 |
  | 3rd | Louis Hunsucker | $63,000 |
  | 4th | Buck Buchanan | $42,000 |
  | 5th | Jesse Alto | $21,000 |
  | 6th | Ken Smith | None |
  
  ### Performance of past champions
  
  * Day one: Johnny Moss, Thomas "Amarillo Slim" Preston, Walter "Puggy" Pearson, Brian "Sailor" Roberts, Doyle Brunson
  
  ### Other notable players
  
  * Gabe Kaplan and Barbara Freer (the first woman player).
  