There’s little doubt that poker is the number one activity for anyone visiting a casino. Playing poker is simple, and the game has a solid history of winning; these factors help explain why it has endured for so long.
Anyone considering signing up for a poker tournament should first ensure they have a firm grasp on the fundamentals of the game, poker rules, and the strategies that have helped other players succeed. Poker’s widespread appeal necessitates the organization of tens of thousands of tournaments annually.
While most of them take place on a regional or even national scale, a sizable number also attract audiences all over the globe. There’s a poker tournament out there for you, whether you’re more of a land-based casino person or an avid online player. Below are some of the famous and profitable poker tournaments.
Aussie Millions
The Aussie Millions Poker Championship, also known as the Australian Poker Championship, has been running continuously since July 1998. After several successful years, the grand prize for this poker event has grown to almost A$7 million, making it the largest and most lucrative of its kind in the Southern Hemisphere.
The main tournament is worth A$10 million and takes place annually in January and February at Melbourne, Australia’s prestigious Crown Casino.
The Main Event has a slightly different format than other high-stakes poker tournaments. The initial stages of the Aussie Millions Main Event commence with eight-handed tables rather than the standard nine used in other big Texas Hold ’em tournaments such as the WSOP. This process repeats itself until there are only 36 players left in the tournament, and the tables are reduced to six seats each.
The Aussie Millions hosts many low-key yet high-stakes tournaments other than the major event. Popularity surged when it introduced a A$100,000 and $250,000 high roller contest.
World Series of Poker (WSOP)
Regarding major yearly poker tournaments, the World Series of Poker is among the largest, oldest, and most famous events globally. It’s been going strong for nearly 50 years, attracting poker players from more than 100 countries yearly to the United States. It typically happens in summer (May to July).
There are more than 101 different types of tournaments at the World Series of Poker. Many of these tournaments lately have been Texas hold ’em poker variations.
The total value of the prizes is expected to be several hundred million dollars (USD). The grand prize winner will receive approximately $10 million. Over $2 billion in cash and prizes have been given out by the WSOP since 1970.
European Poker Tour (EPT)
After being seen as Europe’s equivalent to the World Poker Tour, the European Poker Tour has established an impressive name for itself. It’s the biggest and best European poker tournament in terms of prize money and attendance.
The European Poker Tour (EPT) was launched in 2004 by the virtual casino PokerStars in response to the worldwide popularity of the game of Texas Hold ’em. It has already visited several of Europe’s most iconic cities, such as Berlin, Barcelona, and London.
It has been televised by Sunset + Vine in numerous European nations since 2011 and is owned, funded, and regulated by PokerStars. There was a $5 million prize fund at stake in 2020’s Main Event, and over $6.52 million was ultimately up for grabs, with the champion receiving $1,019,082.
World-class poker players globally converge on this event. All EPT players will be delegates from various European countries. But there’s a cost that players must pay to take part in the EPT. Despite the seeming setback, the potential reward is well worth the effort.
World Poker Tour (WPT)
The World Poker Tour, a tv series based on a circuit of high-stakes poker events, is widely credited with sparking the current poker boom. In essence, it’s a six-week-long poker extravaganza where the Main Event serves as the grand finale.
Each competition is a tournament, with every player receiving the exact number of chips at the start. The competition’s victor is determined by who remains the last player.
The World Poker Tour is an annual tournament with millions of people tuning in to watch live or on tv. In contrast to the World Series of Poker (WSOP), the World Poker Tour (WPT) connects gamers and poker fans worldwide through a poker tv show that airs in America, Asia, and Europe. It covers approximately 150 nations worldwide!
The World Poker Tour (WPT) concludes with the Main Event Championship, where the winner receives a gold bracelet, a title, and a check for $10 million. Regarding broadcasted gambling and entertainment internationally, the WPT stands head and shoulders above the competition. The WPT logo is also prominent at many live tournaments.
Conclusion
A few of the most well-known poker events are listed above. You may think of them as the “Major League Baseball” of poker because they attract players globally and feature massive first-place prize pools.
All the major poker events discussed in this article have multimillion-dollar first-place payouts. Poker tournaments, whether for pros or amateurs, always generate great attention among poker enthusiasts.

Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.