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The two largest and most well-known tournaments are the World Poker Tour championship event and the World Series of Poker, both held in Las Vegas, Nevada.

The 2005 World Series of Poker was the first held outside of Binion's Horseshoe Casino, though the final few days of the main event were held in the legendary Benny's Bullpen. Future tournaments have been held at one of the Harrah's Entertainment properties; since 2005, the Rio has served as the host venue.

Arguably the most publicized European tournament is the Poker Million, which began in 2000 on Sky Sports, following on from the success of the Late Night Poker television show.

In addition to these events, there are other major tournaments throughout the year. The World Poker Tour broadcasts a series of open tournaments throughout the U.S. and Caribbean with buy-ins from $5,000 to $25,000, as well as a European event.

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Many online poker sites offer incentives to players in the form of bonuses. Usually the bonuses are given after a certain number of raked hands are played. For example, a site may offer a player who deposits $100 a bonus of $50 once he plays 500 raked hands. A poker player who can at least break even can become a long-term winner by playing with poker bonuses. A winning poker player can add to their winnings with the use of bonuses.[17]

In addition, several online cardrooms employ VIP Managers to develop VIP programs to reward regular players and additional bonuses exist for players who wish to top-up their accounts. These are known as reload bonuses.

Partypoker offers players great tournaments, free games and player bonuses.

In poker, players construct hands of five cards according to predetermined rules, which vary according to the precise variant of poker being played. These hands are compared using a standard ranking system, and the player with the highest-ranking hand wins that particular deal. Although used primarily in poker, these hand rankings are also used in other card games, and with poker dice.

The strength of a hand is increased by having multiple cards of the same value, all the cards being from the same suit, or having all the cards with consecutive values. The position of the various possible hands is based on the probability of being randomly dealt such a hand from a well-shuffled deck.

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Free Party Poker!
PartyPoker.com was launched in 2001 and has since grown to be one of the largest online poker card rooms. At peak times, tens of thousands of players can be found playing on the site's virtual poker tables. The site is endorsed by Mike Sexton, the host of the World Poker Tour television show. Games include Texas Hold 'em (No Limit and Fixed Limit), Omaha and Omaha Hi-Lo, Seven-card Stud and Seven-card Stud Hi-Lo. Stakes range from 0.05/0.10 to 100/200 for limit games, and 0.02/0.04 to 25/50 for No-Limit/Pot-Limit games. Players can play for either real money or play money. All poker variants offered at real money tables are offered at play money tables. Party Poker offers a bad beat jackpot, which has at times grown to over $700,000 USD.


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