Friday, November 15, 2024

WSOP 2024 Shatters Expectations – Here’s How Much They Earned!

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WSOP 2024 Shatters Expectations – Here's How Much They Earned!
WSOP

After 51 days of intense action and 99 gold bracelets awarded, the 2024 World Series of Poker has officially concluded, with Jonathan Tamayo crowned as the winner. Just like last year, numerous records were shattered, including the most prize money ever awarded, the highest turnout across the series, the biggest Main Event, the largest PLO event, and many more.

While the official numbers are yet to be released, Pokerfuse has crunched the numbers using official event reports from the organizers, supported by PokerNews live reporting.

As we say every year, the numbers are astounding, making it clear that the flagship series is nothing short of a colossal success.

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An astonishing $437.2 million in prize money was generated across 99 live bracelet events, averaging $4.4 million per event. There were a total of 228,413 participants. And this doesn’t even include the online bracelet events, which are still ongoing with two events remaining. These are expected to add another $30 million.

Just considering the live bracelet events held at Horseshoe Las Vegas and Paris Las Vegas, the figures are staggering. With nearly $450 million in prize money, the 2024 WSOP ranks among the top five richest sporting events globally. For comparison, the recently held UEFA Euro 2024 had a total prize pool of €331 million, which is equivalent to $360 million USD.

The WSOP earned $41.9 million from the 99 live bracelet events, averaging $1.6 million every two days. Out of this amount, $12.6 million went to pay dealers and staff, leaving WSOP with $29.3 million. Notably, this amount does not even include the fees from the daily side events, satellites, and cash games that ran alongside the bracelet events.

WSOP 2024 Live Series Stats:

  • Live Bracelets: 99
  • Prize Pool Awarded: $437,278,354
  • Avg Prize Pool: $4,416,953
  • Total Entries: 228,413
  • Avg Buy-in: $9817
  • Entry Fees Collected: $29,275,964
  • Dealers/Staff: $12,644,427
  • Total Administrative Fee Collected: $41,920,391 ($29.3 million + $12.6 million)

This year’s edition has outperformed WSOP 2023 in almost every metric. The total prize pool last year was $403.7 million across 95 live bracelet events, averaging $4.2 million per event. This year that total rose by 8%.

Total entries rose by 6%, and despite a 2.7% decrease in average buy-ins, the average prize pool increased by almost 4%.

When comparing individual events, several outperformed last year. Events like the Mystery Millions, the Millionaire Maker, the Colossus, and the Mini Main Event all showed improvements, alongside staples like the Main Event, High Rollers, and Super Seniors. While there were exceptions like the Gladiators of Poker, overall turnout this year increased both in absolute numbers and on average.

Remarkably, 84 out of 99 events this year generated at least $1 million in prize money (up from 77 last year). Nineteen events surpassed $5 million, and a dozen events drew more than 5,000 entrants.

Live Series Comparison to 2023:

  • The number of bracelets increased by 4%
  • The total prize pool rose by 8%
  • The average prize pool grew by almost 4%
  • Total entries increased by 6%
  • Average entries rose by 1.8%
  • The Main Event saw a 0.7% increase
  • Fees collected jumped by 10%
  • The average buy-in decreased by 2.7%

WSOP 2023 vs 2024 (Live Bracelets Comparison)

2023 2024
Bracelets 95 99
Total Prize Money Awarded $403,786,312 $437,278,354
Avg Prize Pool per Bracelet $4,250,382 $4,416,953
Fees Collected $38,122,031 $41,920,391
Entries 215,362 228,413
Avg Entries 2267 2307
Main Event 10,043 10,112
Avg Buy-in $10,091 $9,817
>$1M Prize Pools 77 84
>$5M Prize Pools 19 19
>5000 Entries 12 12

Spanning more than five decades, the WSOP has amassed a mammoth $4.7 billion in prize money over 1900 bracelet events. The series has attracted a total of 2.1 million entrants across 55 editions, with nearly 150k entries in all Main Events combined.

All-Time stats:

  • Prize Money Awarded: $4.7 billion
  • Entries: 2.1 million
  • Main Event Entries: 149,580
  • No. of Bracelets: 1910+

As the poker community celebrates the remarkable achievements of the WSOP 2024 series, excitement for the next edition of this legendary event is already growing. The WSOP 2025 is ten months away and expected to return to the same venue at the end of May next summer, leaving approximately 313 days.

Before then, the WSOP has two more major series in store: WSOP Europe returning in September and the new winter festival, WSOP Paradise, in December. The latter will feature a record-breaking $50 million guaranteed event in the Bahamas.

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