Nearly every casino with a poker room offers a daily tournament. The buy-ins range from $45 to more than $500, depending on the day of the week.

I want to explore the level of competition, how much play I can get for my money and whether the payouts are worth the grind.

I’m going to play at least a week of dailies around Las Vegas. Mostly, I plan to play on the Strip. But I also want to hit at least one event downtown and check out the action at an off-strip casino or two. I’ll avoid the WSOP-circuit events in town and Venetian’s Deepstack Extravaganza Series, as to stay out of the path of sharks.

If I happen to get knocked out early, I’ll do some follow-up reporting on the pay structure.

My first event started at 7 p.m. Wednesday, a $125 buy-in at Aria. The blinds opened at 25/50, with 30 minute levels.

Folks in town told me it’s one of the better events for the money.

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Here’s the Thursday evening recap:

Jelinek wins PLO 8, Hellmuth finishes 7th

The only bracelet awarded in the overnight hours was won by Steve Jelinek in the $1,500 Pot-Limit Omaha 8 or Better tournament, defeating John Gottleib in heads-up play. Jelinek earns $245,871 in victory and becomes the fifth player from the United Kingdom with a bracelet this year. Phil Hellmuth fell short of his 12th bracelet, finishing in 7th place for $30,633. Full results and Nolan Dalla’s tournament report at wsop.com.

Do doing work at 10k HORSE

Day 3 of the $10,000 HORSE World Championship resumes at 3pm today with Cuong Do leading the field with 720,000 in chips with 23 players remaining. The money bubble burst at the end of play on day 2 as Cyndi Violette and Tommy Hang were eliminated during hand-for-hand play, each earning $10,998. Other notables returning include: Brian Townsend (616,000), Carlos Mortensen (503,000), Richard Ashby (441,000), Nick Schulman (402,000), Scott Fischman (347,000), Todd Brunson (247,000), Matt Glantz (200,000) and Allen Kessler (104,000). Updates and a full list of chip counts online at PokerNews.

Schaaf looking to ship $1,500 NL

Day 3 of the $1,500 No-Limit Holdem resumes at 2:30pm with 25 players remaining as James Schaaf (1,258,000) holding the chip lead. Other notables: Dean Hamrick (858,000), Humberto Brenes (764,000), Aaron Gustavson (554,000), Mike Sowers (327,000), UFC fighter Mike “Quick” Swick (213,000) and Bernard Lee (48,000). Chips and updates at PokerNews.

Elezra leads Mixed Holdem

Day 2 of the $2,500 Mixed Holdem event resumes at 2:30pm with 69 players remaining, and Eli Elezra holding the chip lead with 165,400. The money will be reached with 54 players remaining, with the winner earning a bracelet along with $268,238. Other notables: Dwyte Pilgrim (109,500), Eric Froehlich (97,600), Roberto Romanello (80,700), Matt Matros (59,400), Jeff Shulman (56,800) and Gavin Smith (50,900). The full list of chip counts is now online at PokerNews.

Friday’s Tournaments

Two more WSOP bracelet events today, starting at noon with the sixth $1,500 No-Limit Holdem tournament, last year’s edition of this tournament was won by Carsten Joh for $664,426 in a field of 2,781. The 5pm tournament is the $5,000 Pot-Limit Omaha 8 or Better, with Roland de Wolfe topping the field of 198 entries.

Not the most action-filled episode of High Stakes Poker, but you can still watch it anyways, right?:

From GSN’s press release:

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Big players are (back) in Las Vegas … low Festa al Lago prelim field sizes suggest nothing is as it was a couple years ago, but the higher-stakes action is moving at Bellagio … or at least arriving there.

Seen last night at North valet:

Also seen a little off to the side by our secret valet informant: David Levi exchanging cash through a car window with presumed backer Eli Elezra. (Not sure which direction it was going, though. New guy, lots of cars to park … )

Recapping Monday’s six-pack of tournaments:

Last $1,500 NL Draws Capacity Crowd (Again)

Monday’s $1,500 NL Holdem event drew a field of 2818 entrants for another sold-out event. Around 1,000 players will be left when the players come back to play four levels when play concludes for the evening. The unofficial chip leader is JC Tran (51,000) followed by Theo Tran (no relation) at 42,400.

HORSE Gallops to Final Table

12 players remain on Day 4 of the $50,000 HORSE, with the remaining players on their dinner break. Erik Sagstrom is the current chip leader (3,782,000) followed by David Bach (2,800,000), Vitaly Lunkin (2,060,000) and Erik Seidel (1,315,000). John Hanson, Huck Seed, Ville Wahlbeck, Gus Hansen, Ray Dehkharghani, Chau Giang, Mike Wattel and David Chiu make up the remaining field as they play down to the final 8.

$1,500 NL Final Table

The $1,500 NL Holdem event that started on Saturday finally reached their final table, now streaming at bluffmagazine.com/live and wsop.pkr.com with this lineup with Jason Helder the chip leader:

Seat 1: Owen Crowe
Seat 2: Carsten Joh
Seat 3: Steven Levy
Seat 4: Jason Helder
Seat 5: Thibaut Durand
Seat 6: David Walasinski
Seat 7: Georgios Kapalas
Seat 8: Nathan Page
Seat 9: Andrew Chen

Triple Chance Stumbles into the Money

The $3,000 NL Triple Chanceevent just eked their way into the money before taking their dinner break. Jeff Lisandro got knocked out just short of the money in his attempt to put the WSOP Player of the Race out of reach. Jason Dewitt (375,000) is the current chip leader, followed by notables Jason Somerville (245,000), Karga Holt (230,000), Shane Schleger (155,000), Eric Lynch (140,000), Joe McGowan (135,000) and Nick Binger (125,000). The remaining field will be playing until 3am, unless they get down to the final table of 9 before the deadline.

Sugar Bear Sweet on Stud 8 Bubble

Al “Sugar Bear” Barbieri is the current chip leader (130,000) with 49 players (the money bubble) in the $1,500 Stud Hi/Lo 8 or Better event. Max Stern, Andy Bloch, Chad Brown, Barry Greenstein, Bryan Micon, Justin Bonomo, Norman Chad and Matt Savage make up some of the noted names remaining in the field as they play down to the 3am deadline.

2-7 Triple Draw

A field of around 250 entrants signed up for the $2,500 2-7 Triple Draw Lowball event, with another five levels of play left on their day 1. Eli Elezra and Shannon Elizabeth are two very early eliminations, with several more to come during the wee small hours of the morning.

More live updates can be found over at www.wsop.com, and discussions on donkaments, entry fees, and all other things WSOP can be found on Pokerati during the evening.

Recapping the Saturday afternoon action:

Cantu v Watkinson Heads-Up

Brandon Cantu and Lee Watkinson are the last two standing in the $1,500 Pot-Limit Omaha 8 or Better event, each going for their second career bracelet. At the moment, Watkinson holds a 2-1 chip lead over Cantu.

Habib Handling HORSE Headline

Hasan Habib remains the chip leader (453,000) with 77 players remaining in the $50,000 HORSE event as they return from a dinner break with three more levels remaining in today’s play. David Bach (426,000) and John Kabbaj (340,000) are the top 3 in chips at the moment. Among the eliminations today, Justin Bonomo, John Juanda, Eli Elezra and Jennifer Harman. More updates can be found over at www.wsop.com

Limit Holdem Shootout

The field of 64 that started round 2 of the $1,500 Limit Holdem Shootout on Saturday is down to 38 players spread over eight tables. Among the remaining players, David Williams, Tom Schneider, Humberto Brenes, Marc Naalden, and Jean-Robert Bellande.

More Donkament Carnage

A sold-out field of 2781 in the next to last $1,500 NL Holdem event is down to about 975 players as they return from dinner break. The unofficial chip leader is Thomas “titantom32” Braband at 78,000 with another 4 levels before play ends for the day.

More updates available at www.wsop.com and Pokerati for other stuff during the evening.

Recapping the first half of Wednesday’s WSOP:

Lisandro Wins Bracelet #3, Wins Stud Triple Crown

Jeff Lisandro becomes the first player to win three bracelets in one WSOP after Chris Moneymaker initiated the poker boom in 2003, takes down the $2,500 Razz event, good for $188,370. Lisandro has won all three of his bracelets in stud events in each of the three disciplines of stud (Stud high, Stud Hi/Lo and Razz). Lisandro held the chip lead at the beginning of the day and was never seriously threatened. Michael Craig finished in 2nd, good for $116,405. Other notable finishes: Kenna James (6th), Al “Sugar Bear” Barbieri (10th), Ville Wahlbeck (12th) and Nikolay Evdakov (13th).

Seniors Six-Pack

Half a dozen players remain in the $1,000 Seniors NL Holdem World Championship, led by Scott Buller with over 2 million in chips. Michael Morusty, Charles Simon, Dan DeLatorre, Michael Davis and Barry Bounds make up the remaining players.

Thang Flung From Omaha-8

The $2,500 Omaha Hi-Lo 8 or Better has 70 players remaining, only 45 get paid. The unofficial chip leader is Frankie O’Dell (109,000), followed by day 1 chip leader Josh Schlien (85,000), Pat Poels (71,500), Marsha Waggoner (54,000), Mike Matusow (38,000), and Max Pescatori (28,000) among the familiar faces. Thang Luu unfortunately was eliminated before the dinner break earlier today.

Brummelhuis Bringing It in Pot-Limit

The $10,000 Pot-Limit Holdem World Championship is down to 35 players, only 27 get to cash with day 1 chip leader Michiel Brummelhuis remaining chip leader (570,000). Isaac Haxton (450,000), Eric Baldwin (430,000), Darryll Fish (310,000), Vanessa Rousso (280,000), Sam Simon (173,000), and Eugene Todd (165,000) are among the remaining.

Mixed Holdem Brings Mixed Blessings

The $2,500 Mixed Holdem event drew a field of 527 players, of which just 184 remain. The unofficial chip leader is David Baker (unknown if that’s the one from Michigan or Texas) at 73,000. Eli Elezra (51,000), Marc Naalden (46,000) and Jean-Robert Bellande (42,000) are some well known folks with chips.

More updates during the evening over at www.wsop.com and Pokerati for more Lisandro stuff and other commentary about all things WSOP.

Finishing up business from Monday night before moving on…

The $1,000 NL Holdem Stimulus Special finished at 3am today with 50 players returning at 1pm to play down to a winner. The chip leader is Robert Comegys from Grand Prairie, TX with nearly 1.2m million in chips. Danny Fuhs is close behind, with notables such as Eric Mizrachi, Lee Watkinson, Dan Heimiller, and Jonathan Aguiar far down the leaderboard. More details will be available in my PokerNews recap later today. Today’s event is scheduled to be the first of over 20 WSOP final tables to be streamed online this year. The scheduled 2pm final table will be pushed back at least a few hours, depending on how fast play is today. Updates on Pokerati during the day today.

The $1,500 Pot Limit Omaha event finished their Day 1 with 81 players remaining, the exact amount needed to reach the money. Jason Mercier, best known for his success on the European Poker Tour, is the chip leader with 227,000 in chips, over 60,000 more than second placed Matt Humphrey. Other notables who’ve made the money include Eric Froehlich,, Dario Alioto, Josh Arieh, An Tran, Warren Karp, Shannon Shorr, Robert Mizrachi, and Kirill Gerasimov. Those players and many more return at 2pm today to play down to a final table.

The $10,000 Seven Card Stud World Championship ended after eight levels with 101 of its remaining 142 entrants remaining. High-stakes cash game player David Oppenheim emerged as the chip leader, with veterans “Miami John” Cernuto, Nick Frangos, Danny Robison, and Steve Zolotow helping make up the top 10. Others who’ll be looking to work their way up include Eli Elezra, Todd Brunson, Eric Drache, Erick Lindgren, Andy Bloch, Cory Zeidman and Phil Ivey. They also return at 2pm to play down to their final table.

The one event that was able to conclude Monday was the WSOP Champions Invitational as Tom McEvoy, the 1983 Main Event winner, knocked off Robert Varkonyi, the 2002 Main Event champion to win the first Binion Cup along with a 1970 red Corvette.

The preview for today’s events:
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I’m sure many people missed last night’s High Stakes Poker episode on GSN to watch Annie Duke get slowrolled by Donald Trump. The show featured the debut of the day 1 lineup with a few new faces so check it out below:

For whatever reason, tonight’s High Stakes Poker got uploaded to GSN on Youtube in 3 parts. This is the last show with this lineup:

It took a while, but GSN finally got the episode on Youtube:

Just mere moments after it just aired, GSN puts up this week’s episode on Youtube right away for you to enjoy. Barry Greenstein drops a new phrase on the GSN viewers early in the show.

GSN dawdled quite a bit this week in putting up episode 3 of High Stakes Poker on Youtube, but better late than never I say.

Playing today are:

Tom Dwan
Doyle Brunson
Eli Elezra
Peter Eastgate
David Benyamine
Barry Greenstein
Ilari Sahamies
Daniel Negreanu