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The 1978 World Series of Poker (WSOP) was held in May 1978 at Binion's Horseshoe. [1] and was the first WSOP that wasn't a winner-take-all prize. Instead the tournament had a progressive prize structure, as follows 50% for the Winner then 20% for second, 15% for third, 10% for forth and 5% for fifth place.[2]
[edit] Preliminary events
Event |
Winner |
Prize |
Runner-up |
$10,000 Deuce to Seven Draw |
Billy Baxter |
$90,000 |
Unknown |
$1,000 Seven Card Razz |
Gary Berland |
$19,200 |
Unknown |
$500 Seven Card Stud |
Gary Berland |
$17,100 |
Unknown |
$5,000 Seven Card Stud |
Doyle Brunson |
$68,000 |
Unknown |
$1,000 No Limit Hold'em |
Aubrey Day |
$42,600 |
Unknown |
$200 Ladies' Seven 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 |
Unknown |
$1,000 Seven Card Stud Split |
David "Chip" Reese |
$22,200 |
Unknown |
$1,000 Ace to Five Draw |
Henry Young |
$19,200 |
Gary Berland |
[edit] Main Event
There were 42 entrants to the main event. Each paid $10,000 to enter the tournament. This was the first time that the main event paid a prize to any players other than the winner.
[edit] Final table
[edit] Fall of World Champions
[edit] Other notable players
Ken Smith, Gabe Kaplan and Barbara Freer (the first woman player).[2]
- ^ thehendonmob.com 9th World Series of Poker (WSOP) 1978
- ^ a b c gaming.unlv.edu - Summary of 1978 Tournament