This post answers the question: What have we learned from the $40K?
1.      There is a definite need for a “high roller†No Limit tournament at the WSOP each year. This is obvious because 201 players ponied-up the cheddar to play in the $40K, generating a monster prize pool and a $1,891,102 first place prize. This shows that there are plenty of players willing to participate in this type of event and the field might grow larger if Harrah\’s starts running satellites online and makes it a yearly tradition.
2.      Television cameras are still a big deal to poker players. It is obvious poker pros are still trying to get endorsement deals and promote their sponsors. There is no easier way to do that than by making an ESPN final table. With no television coverage slated for the $50k H.O.R.S.E. tournament this year, the $40k’s coverage could be the main reason why there may be a smaller field in the big buy-in mixed games tournment.
3.       No Limit Hold’em puts asses in the seats. Since the majority of the mainstream poker fans have spent the last couple of years watching No Limit on television, it is only logical that the $40K would bring the railbirds out in droves. Kudos to Jeffrey Pollack and company for packing the isles with the first “major†tournament.
4.      With arguably the toughest No Limit field in WSOP history, this event brought out a sizeable number of players that would traditionally avoid the $50K H.O.R.S.E. tournament. The reason for this is that there is a strong contingency of players whose expertise lies strictly in No Limit whereas there are only a small percentage of players who feel genuinely comfortable playing mixed games with the best players from around the world.
5.      Always make sure to follow the mantra of “Start with a bang.†Granted the $1,000 Stimulus special has sold out, but in the end, only a few will care who won this donkfest, but plenty of people will pay attention to the winner of the $40K thanks to ESPN’s coverage and the incredible level of talent in the field.
6.      Despite the fact that all WSOP bracelets are supposed to be considered equal, you have to admit that it sounds much sexier to say you beat the world’s top players in one of the biggest buy-in tournaments on the planet instead of saying that you outlasted 5,999 punters in a $1K bloodbath. \’Nuff said.