Latin Series of Poker Guarantees $500K And Relatively Small Turnout

With the Latin Series of Poker main event taking place this summer in Panama City, there is reason to celebrate.  The folks behind the LSOP are shelling out a top prize of $500,000 yet past events have only resulted in just over 100 participants.

"This year will be no different as LSOP organizers expect under 500 people playing," says Payton O'Brien of Gambling911.com. 

Among those participating are Daniel Negreanu, Humberto Brenes and Gambling911.com's own, Jenny Woo. 

Negreanu's total live tournament winnings to date are over $11 million, Brenes has won over $5 million and Woo has won $0.

"Because of the low turnout expected when compared to other major poker tournaments, the odds of winning are that much greater," says Ms. O'Brien.

Organizers have also told Gambling911.com that participants will be permitted to wear the logos of their favorite online poker sites including shirts and hats.  This is something prohibited by the World Poker Tour.

The event will take place August 2 thru August 9.

While not yet announced, organizers are looking to hold the next tournament in Lima, Peru.

Christopher Costigan, Gambling911.com Publisher