World Series of Poker Entry for Under a Buck?

We had to scratch our heads at this news story that Gambling Planet had up:

While some players battle it out at online satellite tournaments, PlayersOnly players have found an even easier way to get to the WSOP. The winner of the WSOP Low Bid Auction currently running on the popular casino, poker and sportsbetting site – the bidder with the lowest unique bid – will get a $12K WSOP prize package for the price of their winning bid. Since there are a number of values under a dollar that haven’t yet received bids, the winner may actually get himself to the WSOP Main Event for a buck or less. ....
The WSOP Prize Package being auctioned includes airfare, accommodation and enough cash to register in the ultimate poker tournament, the World Series of Poker Main Event, which will be held in Las Vegas July 6 – 17 at the Rio Hotel and Casino in Las Vegas.

Bids can be placed online at www.playersonly.com/bidWSOP. Bids can also be placed by cell phone by text (Full Phone Bid instructions also at www.playersonly.com/bidWSOP.) Any registered player can place bids and players can place as many bids as they want. Registration is free, however PlayersOnly.com accepts registrations from U.S. residents only. There is a charge of US$1.99 per bid – but the first bid online is FREE.

This is actually a very interesting form of bidding. One would assume that the lowest bids (.01, .02..etc) will have more than one bidder, and so they will not be winning bids, but then again, maybe they WANT us to think that!

WE CLAIM $0.81 !!!!!

May 10, 2007

World Series of Poker Entry for Under a Buck?