2007 World Series of Poker

Event 55 - $10,000 World Championship No Limit Holdem
Event Info
2007 World Series of Poker
Final Results
Winner
Winning Hand
88
Prize
$8,250,000
Event Info
Buy-in
$10,000
Prize Pool
$59,784,954
Entries
6,358
Level Info
Level
36
Blinds
400,000 / 800,000
Ante
100,000
Players Left 1 / 6358

One Last Time ... How Much is a 10-Way Chop Worth?

Yesterday, I ran some numbers to show what would happen if the entire field decided to chop the prizepool when they reached the final nine tables, the final eight tables, and so on.

I wasn't suggesting that they should actually do it (the complications would be enormous), but it was an interesting thought experiment to look at the prizepool in a different way. It also illustrated just how top heavy it was.

With ten players left, one of them will *still* leave with less money than he would have made if they had chopped the prizepool 81 ways. Tenth place is worth $476,827, while an 81-player chop would have been worth $479,302 each.

We'll run the chop numbers one more time, just for fun.

The prizepool for the final ten players is worth $22,496,827, and if they decided right now, on this break, to chop it evenly ten ways, they would each take home about $2.25 million. (It's easy math; just move the decimal point one place.)

To receive more than that, the players will need to finish in the top three.