History of the World Series of Poker – 2007 in Review

Although the field for the 38th edition of the World Series of Poker was markedly less than in previous years due to a change in legislation, nearly 18 000 participants took to the tables of the Rio All Suite Hotel and Casino in Las Vegas to chip away at the estimated total prize pool of $31 million!

For the first time players started each event with double the amount of chips as the buy-in, so for the $10 000 No Limit Holdem Main Event, contestants had 20 000 chips to play around with!

Online qualifier, Jerry Yang upset the odds by claiming the coveted main event and over $8 million in prize money but day one of the tournament witnessed the demise of some of the real big wigs of poker including current leading bracelet winner, fabulous Phil Hellmuth, double main event champion, Johnny Chan and one of the undisputed legends of poker, Doyle Brunson!

Setting the Records

Although Hellmuth had the dubious honour of being knocked out in day one, he did salvage some pride by becoming the first player to win 11 bracelets and he currently leads the overall WSOP cash race with 63 cashes!

At 21 years and 11 days Steve Billirakis became the youngest player ever to win a WSOP bracelet. This record was broken some three months later at the World Series of Poker Europe when 18 year old Annette Obrestad claimed a title, together with the coveted bracelet. 


A total of 55 events were contested but we concentrate on the signature events of the 2007 WSOP

Event Number



Prize Money


$5000 World Championship Mixed Holdem

Steve Billirakis

$536 287


$5000 World Championship 7 Card Stud

Chris Reslock

$258 453


$5000 World Championship Pot Limit Omaha

Allen Cunningham

$487 287


$5000 World Championship Limit Holdem

Saro Getzoyan

$333 379


$3000 World Championship 7 Card Stud Hi/Lo Split 8 or better

Eli Elezra

$198 984


$5000 World Championship Heads Up No Limit Holdem

Dan Schreiber

$425 594


$5000 World Championship Omaha Hi/Lo Split 8 or better

John Guth

$363 216


$50 000 World Championship H.O.R.S.E

Freddy Deeb

$2 276 832


$10 000 World Championship Pot Limit Omaha

Robert Mizrachi

$768 889


$5000 World Championship 2-7 Draw Lowball w/rebuys

Erik Seidel

$538 835


$10 000 World Championship No Limit Holdem Main Event

Jerry Yang

$8 250 000