Mixed Hold'em (Limit/No-Limit) Set for 5pm Start
Each level in this event lasts for 60 minutes, and during the first 30 minutes of any given level, the game will be (fixed-) limit hold'em, with the blinds being those listed in the "Betting Structure" listings at right. For the second 30 minutes of each level, however, the format switches over to no-limit hold'em, and the blinds drop to half of the level of the first half of each hour, to compensate in part for the much higher pots that a no-limit collision can produce.
For instance, in Level 1 of this event, the blinds will be 50/100 for the first 30 minutes, while limit hold'em is played. For the second 30 minutes of Level 1, when the game shifts to no-limit, the blinds drop down to 25/50. When the start of Level 2, the game goes back to limit hold'em for another 30 minutes, the blinds rise again, and in this manner the tournament zigzags toward its conclusion.
The buy-in for this event is $5,000, and last year the event drew 451 entrants. The tourney was won by 21-year-old Steve Billirakis, who became the youngest-ever winner of a WSOP bracelet within the United States, the series' traditional home.
Action gets underway at 5pm from the Amazon Room at the Rio. Join us here for the latest updates.