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They may have had a sponsor, but those entry fees are paid. For example, internet satellites bring in enough fees to pay the entry....

True.


There are only so many ways to qualify. Before the Net boom, there weren't 800 super satellites going on (2000+ entries now).

No...but there were *hundreds* of one-table satellites played at Binions during the weeks leading up to the WSOP main event. Pay $1200 (or so) for one of 10 seats...winner gets $10,000 worth of lammers that can be exchanged for WSOP table seats.

Once you already have a seat in the main event, you can exchange the lammers for cash. So many pros will play these to qualify and then continue playing them to guarantee a profit from the WSOP. Between thees satellites and the side-games they play, most pros make more money during the WSOP outside of the tournaments.

If you have never read James McManus' Positively Fifth Street, you should -- it is a great book for many reasons, one of which is how he talks about the qualifying process many people use.


Fossilman won $5million...it didn't come out of thin air.

Any air that holds $5 million would be pretty thick don't you think!?!? :^)

ACME
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