$500,000 Buy-In Event At The WSOP Asia-Pacific?

Posted at 16:24 2012-07-23 by Barry Gallagher

Could there be a $500,000 buy-in event during the 2012 World Series of Poker Asia-Pacific? Richard Yong seems to think so.

Back in May we speculated on the potential events that may be on the World Series of Poker Asia-Pacific (WSOP APAC) schedule when it is announced. While no formal announcement has been made yet there has been a very interesting comment from high roller Richard Yong.

Yong recently made a final table of the Big One for One Drop $1 million buy-in tournament at the WSOP in Las Vegas. He is a veteran of the massive cash games in Macau and the high stakes games at the Aussie Millions. During the WSOP he told our colleagues at PokerNews that the WSOP APAC will feature a $500,000 buy-in tournament with one re-entry allowed. He also commented that it would be better for the players from a tax point of view.

I like the high stakes. The WSOP APAC (Asia Pacific) of next year in Melbourne will have a $500k buy in tournament with one re-entry. It will better for players because no tax like in U.S.

While we can’t take this as gospel it is fair to say Yong is in the elite group of players who would need to be scouted before such a tournament could be hosted to ensure a big field. Plus one has to take into account the Aussie Millions already has a $250,000 buy-in Super High Roller each year and surely the WSOP will not be outdone in their inaugural event on these shores?

PokerNetwork will watch this space with interest and hope to see tournament of such epic proportions in Melbourne next year.

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