👼 Set your curiosity free with rich, wide-ranging, hyper-connected information.

1978 World Series of Poker

The 1978 World Series of Poker (WSOP) was a series of poker tournaments held in May 1978 at Binion's Horseshoe. [1] and was the first WSOP that was not a winner-take-all prize. Instead the tournament had a progressive prize structure, as follows 50 percent for the Winner then 20 for second, 15 for third, 10 for fourth, and 5 percent for fifth place.[2]

1978 World Series of Poker Intro articles: 3

Preliminary events

Event Winner Prize Runner-up
$10,000 Deuce to Seven Draw Billy Baxter $90,000 Unknown
$1,000 Seven Card Razz Gary Berland $19,200 Unknown
$500 Seven Card Stud Gary Berland $17,100 Unknown
$5,000 Seven Card Stud Doyle Brunson $68,000 Unknown
$1,000 No Limit Hold'em Aubrey Day $42,600 Unknown
$200 Ladies' Seven Card Stud Terry King $10,080 Unknown
$5,000 Draw High Lakewood Louie $21,000 Unknown
$1,500 No Limit Hold'em Hans "Tuna" Lund $46,800 Unknown
$1,000 Seven Card Stud Split David "Chip" Reese $22,200 Unknown
$1,000 Ace to Five Draw Henry Young $19,200 Gary Berland

Main Event

There were 42 entrants to the main event. Each paid $10,000 to enter the tournament. The 1978 Main Event was the first of its kind to pay prize money to any players other than the winner.

Final table

Place Name Prize
1st Bobby Baldwin $210,000
2nd Crandell Addington $84,000
3rd Louis Hunsucker $63,000
4th Buck Buchanan $42,000
5th Jesse Alto $21,000
6th Ken Smith None

Performance of past champions

Other notable players

1978 World Series of Poker Preliminary events articles: 11