$100,000 Buy In For New TV Poker Game
Written by JDPGlobal | Thursday, 15 December 2005
US poker fans are in for a treat from the GSN network in the New Year. Viewers will be able to see the first actual money game of poker on television with a $100,000 minimum buy-in. In other poker shows, most of the players could lose their original buy-in of up to 10,000 dollars. But, High Stakes Poker has millions of their own money at stake and can win or lose several hundred thousand dollars.
Rich Cronin, CEO of GSN said that the TV show High Stakes Poker is the first look into the largest private no limit Hold'em games. He added that the show is intense because the poker players are winning and downing thousands of their own dollars on single hands. The new series has poker players from different backgrounds and from everywhere; from the legends, to young superstars. The new GSN show claims to be the first cash game where viewers watch a real game of poker.
Elite businessmen who play poker in the 13-episode series were taped at the Golden Nugget Casino in Las Vegas, Nevada. Doyle Brunson, Johnny Chan, Barry Greenstein, Daniel Negreanu, Dr. Jerry Buss, Jennifer Harman, the owner of Los Angeles Lakers, Ted Forrest, Bob Stupak, and Antonio Esfandiari, among others feature in the game. Players are free to play with a lot of money, if they lose their buy-in of $100,000. The chips that are on the table actually represent dollars, compared to chips in a tournament that aren't the same as the actual value of what is bet.
Henry Orenstein commented that in the history of poker this is the only time when viewers would able to see the players playing with large amounts of their money on television. The fact that the players could win a large amount of huge pots that are worth half million dollars, make it exciting. Apart from that, High Stakes Poker would feature behind the scenes clippings on the poker players and their lifestyles.