Official sources said that the prizes will be plenty at the 46th annual World Series of Poker and have announced a new event will join the 2015 lineup.
Dubbed "the Colossus," the no-limit Texas Hold 'Em event will have a USD 565 buy-in — the lowest, organizers said, for an open event in the tournament in 35 years — with a guaranteed total prize pool of at least USD 5 million.
The closely-watched Main Event that attracts several thousand players battling for a one in nine chance to win USD 10 million is scheduled for July 5 to July 14. The buy-in is USD 10,000 and the final nine players return in November to vie for the top prize.
This year's winner, 27-year-old Sweden's Martin Jacobsen, was one of three Europeans at the final table who spent hours of intense head-to-head gameplay over two days to eventually take home USD 10 million.
More than 82,000 people entered the 2014 World Series of Poker's 65 events in 2014. The event got its start as a small single table in 1970 at Benny Binion's Horseshoe Casino, where the players ultimately voted on the winner in the end.
This year, the tournament handed out more than USD 227 million in prizes, in addition to coveted gold bracelets awarded to the top winner in the tournament's individual events.
Buy-ins at the 2015 event range from USD 75 to USD 111,111 and feature niche events for seniors, women and one that promises at least USD 1 million to the winner.