World Series of Poker Asia Pacific
The World Series of Poker Asia Pacific (WSOP APAC) is the third expansion of the World Series of Poker-branded poker tournaments outside the United States. Since 1970 participants have had to travel to Las Vegas, Nevada to compete in the World Series of Poker (WSOP). Although the WSOP started holding circuit events in 2005 in other states, the main tournaments, which awarded bracelets to the winners, were exclusively held in Las Vegas. In 2007 the inaugural World Series of Poker Europe marked the first time that a WSOP bracelet was awarded outside Las Vegas. The WSOP further expanded to Africa in 2010 and 2012 however these events did not award any bracelets.
World Series of Poker
The winner of each event receives a World Series of Poker bracelet and a monetary prize based on the number of entrants and buy-in amounts. Over the years, the tournament has grown in both the number of events and in the number of participants. Each year, the WSOP culminates with the $10,000 no-limit hold'em "Main Event," which, since 2004, has attracted entrants numbering in the thousands. The victor receives a multi-million dollar cash prize and a bracelet, which has become the most coveted award a poker player can win. The winner of the World Series of Poker Main Event is considered to be the World Champion of Poker.