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.
World Series of Poker Tournament of Champions
The World Series of Poker Tournament of Champions is an invitational freeroll poker event. Wins in this event do not count as official WSOP bracelets, but the winner receives a large trophy in the shape of the official World Series of Poker logo. In 2010, the WSOP Tournament of Champions returned with a new format more akin to a typical sports league All-Star Event format. 27 players vied for $1 million, with 20 of those players selected by the fans via online vote at the WSOP's website.