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May 30, 2008 5:27 pm US/Central

World Series Of Poker Begins In Las Vegas

LAS VEGAS (AP) ― The world's highest profile poker tournament is under way at the Rio Hotel & Casino, with 55 championship events and a twist to its main event that will keep players in suspense until November.

The World Series of Poker started just after noon Friday with the start of a $10,000 pot-limit Texas Hold 'em tournament.

The most expensive buy-in will be $50,000 for a tournament called H.O.R.S.E, where players rotate between five poker games according to a time schedule.

Seven other tournaments will cost $10,000 to get in, including the main event, a no-limit Texas Hold 'em tournament that likely will carry the highest prize.

Last year's winner, Jerry Yang, won $8.3 million.

This year, the field of thousands will be whittled down by mid-July to a final table of nine, who then will take a four-month break before finishing the tournament in November.

(© 2008 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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