The winner of the Main Event of the World Series of Poker earns the right to be called that year's World Champion of Poker. The Main Event is a $10,000 buy-in no-limit Texas Hold'em tournament. The winner takes home a prize that is now in the millions of dollars. The winner also receives the coveted World Series of Poker bracelet.

The final table is played in November at the Rio All Suite Hotel and Casino in Las Vegas, Nevada.

The nine players who earn those slots are called the November Nine. Until 2005, the tournament was held at Binion's Horseshoe.

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