World Series of Poker
The idea of a World Series of Poker began in 1969 with an event called the Texas Gambling Reunion. It was an invitational event sponsored by Tom Moore of San Antonio, Texas, and held at the Holiday Hotel and Casino in Reno. This inaugural event was won by Crandell Addington. 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. The format for the Main Event as a freeze-out Texas hold 'em game came the next year. The winner in 1970, Johnny Moss, was elected by his peers as the first "World Champion of Poker" and received a silver cup as a prize.
2008 World Series of Poker
The $10,000 World Championship No Limit Texas Hold 'em Main Event began on July 3 with the first of four starting days. After reaching the final table of nine players on July 14, the final table was delayed until November 9. This change in schedule was made to allow ESPN to broadcast the final table on November 11, shortly after it was played. All final table players were paid ninth place prize money ($900,670) in July, with the remaining prize pool distributed in November. Instead of the Amazon Room, aka "the Poker Room," where all of the events were held, the final table would be held in the Penn and Teller Theatre. On November 9, players played down from nine to two and the winner was decided the next night. The final table consisted of 274 hands in total.