$100,000 No-Limit Hold'em High Roller Begins at 3 p.m.

Welcome to PokerNews' Day 1 coverage of Event #5: $100,000 No-Limit Hold'em High Roller.

It's only the third day of the 2018 World Series of Poker, but millions of dollars will be on the line as the only six-figure buy-in event of the WSOP summer kicks off later today at 3 p.m.

While officially considered a new event, this event is similar to the $111,111 High Roller for One Drop, which has run four times previously. With The Big One for One Drop - $1,000,000 No-Limit Hold'em set to close out the WSOP schedule in mid-July, this event is running without "The Big One" designation.

Still, a world-class field of poker's best is expected to take part in the action. Here are the previous winners of the past WSOP High Roller designated events:

Year	Buy In	Entries	Prize Pool	Champion	Prize
2013	$111,111	166	$17,891,148	Anthony Gregg	$4,830,619
2015	$111,111	135	$14,249,925	Jonathan Duhamel	$3,989,985
2016	$111,111	183	$19,316,565	Fedor Holz	$4,981,775
2017	$111,111	130	$13,722,150	Doug Polk	$3,686,865

Worth noting is that de facto defending champion Doug Polk is not expected to be in the field.

The Day 1 schedule calls for nine levels to be played with a 60-minute dinner break after Level 4. Players are allowed one re-entry, and registration remains open until the beginning of Level 12 on Day 2. Players begin with a starting stack of 500,000, the entire tournament will be played with a Shot Clock, and it will also implement a Big Blind Ante structure.

Here is a look at the structure for Day 1:

Level	Small Blind	Big Blind	Big Blind Ante
1	1,000	1,000	1,000
2	1,000	2,000	2,000
3	1,500	3,000	3,000
4	2,000	4,000	4,000
5	2,500	5,000	5,000
6	3,000	6,000	6,000
7	4,000	8,000	8,000
8	5,000	10,000	10,000
9	6,000	12,000	12,000

As noted, cards will be in the air at 3 p.m., so keep it here at PokerNews starting then and throughout the day for live updates on all of the action as the quest to crown the next WSOP High Roller bracelet winner begins!