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.
This game can be played with deuce-to-seven low or ace-to-six low hand values, but in that case it is nearly impossible to scoop (though you can still win the whole pot if everyone declares the same direction).