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3 Reasons why $10m Prize in 2014 WSOP Main Event is Great

Ryan Riess probably wishes that he would've waited a year before winning the WSOP Main Event. The 23-year-old collected $8,361,570 for winning the 2013 ME, which is over $1.6 million less than what's on tap this year.

As many already know, the 2014 WSOP Main Event will guarantee a $10 million first-place payout. Obviously this is great for whoever ends up taking down the world's most-famous poker tournament. But here are three reasons why it's great for the game of poker too.

1. Three Years of Declining Attendance will be stopped

WSOP Media Director Nolan Dalla discusses Grim Outlook on Poker's Current State

Having been the WSOP Media Director for well over a decade, Nolan Dalla has seen plenty in the poker world. In fact, the respected journalist and player has basically seen his career trajectory follow an upward line along with poker strategy. Given the point we're at today, where even the average player carries a strong knowledge of strategy, Dalla wonders if we're close to reaching "poker's intellectual summit."

Joe Hachem vs. Jerry Yang in WSOP Main Event Champ Ambassadorship Debate

Joe Hachem sparked a bit of controversy when he declared that Jamie Gold and Jerry Yang destroyed the legacy of WSOP Main Event champions. The 2005 Main Event winner never went into depth on why he thinks Gold and Yang are such terrible champs. But we can only assume that he's referring to both players' lack of success after winning the ME, plus having their gold bracelets sold off over personal debt/tax issues.

Will a 2013 WSOP Bracelet sell for $100k on eBay?

As has become a recurring thing over the past few years, somebody has put their WSOP gold bracelet up for sale on eBay. The bracelet is from the 2013 WSOP and it's being sold for $99,995. Before we continue discussing the matter, here's a look at the eBay description of the item:

Did WSOP Accidentally leak Plans for $10m Gtd. 2014 Main Event Prize?

Last year, WSOP officials had a lot of success by guaranteeing a $1 million top prize in their Millionaire Maker tournament. Over 6,300 players paid the $1,500 buy-in for this event, and Benny Chen ended up winning a $1.1 million payout.

It's possible that WSOP top brass are considering trying to recreate the same magic in the 2014 Main Event. The world's biggest poker tournament organization accidentally posted a hint that they're thinking about offering a $10 million guaranteed top prize to the 2014 Main Event winner.

2013 WSOP Bracelet listed on eBay

Over the past few years, we've seen multiple poker players sell their WSOP gold bracelets on eBay. Some of the famous players to sell their bracelets include TJ Cloutier, Eskimo Clark, Jamie Gold and Peter Eastgate (for charity). And now, yet another player has decided to sell their bracelet on eBay...

The poker prize is listed as a “World Series of Poker Championship 10K Yellow Gold Bracelet From 2013 Year," and the Buy It Now price is $99,995. There's also an option to make an offer for less money, but so far, six people have unsuccessfully tried this route.

Jay Farber talks Life-Changing WSOP Finish, TMZ Interview, Playing Career

Since finishing second in the 2013 WSOP Main Event, Jay Farber has gained a great deal of fame in the poker world. What's particularly interesting about Farber is that he's an amateur player who took runner-up in the world's most prestigious tourney. And PokerListings recently interviewed Farber about how this dream finish changed his life. Here's a look at a few of the questions they asked the 29-year-old regarding his life and poker career.

PL: How has life changed for you since the Main Event?

Is the Greg Raymer Staking Deal Good for Investors?

One of the biggest poker stories going on right now involves Greg Raymer offering shares of his 2014 tournament action. The "Fossilman" wants to raise a minimum of $100,000 for his poker bankroll in 2014. Here's a look at part of his post at TwoPlusTwo:

Is 9-Time WSOP Champ Phil Ivey really Broke?

Due to variance and inconsistent payouts, many poker pros go broke amid bankroll management issues. Even the richest poker pros aren't immune to financial pitfalls because a number of prominent players have lost their bankrolls. But despite this, are we to believe that even the great Phil Ivey could go broke too? According to high stakes poker pro Dan Bilzerian, this is indeed a possibility.

WSOP Champ busted for trashing Atlantis Resort Hotel Room

Two years ago, at the 2012 WSOP, Tomas Junek gained international poker fame after he won a $1,500 No-Limit Hold'em event. But this weekend, he's famous for an entirely different and much more nefarious reason.