WSOP Announces Updated POY Formula
15 April 2018
PokerBrave (3014 articles)
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The World Series of Poker Player of the Year (POY) race and the formula to determine the winner, is always the topic of debate.

Last year, the debate fired up at the World Series of Poker as the organizer had taken the formula into its own hands after Bluff and the GPI handled the formula before. Especially Daniel Negreanu, always a vocal player in such matters, was involved, claiming the formula was profoundly flawed.

This year, the WSOP has altered their formula, loosely basing it on the WSOP Circuit points system. The most significant change between the 2017 and 2018 formula, is the ratio of points awarded for a win versus the points awarded for a min cash. Last year, this ratio could be as small as 3.25-1, or as big as 8.16-1. In 2018, a press release by the WSOP states, the ratio is always roughly 20-1.

2018 WSOP Player of the Year Points Calculator and Example

The WSOP has a Points Calculator online for players to calculate the number of points winable in specific events. They also published the following example comparison between the 2017 and 2018 formula:

Event Entries 2017 Points System 2018 Points System
1st 2nd 9th min 1st 2nd 9th min
Main Event 7,221 433.2 360.6 215.3 53.1 1,694 847 424 85
Millionaire Maker 7,761 315.7 268.9 141.7 38.7 1,341 671 335 67
$1,500 NLHE 1,956 222.7 189.7 95.8 38.7 1,129 565 282 56
$10,000 PLO/8 207 172.1 146.6 70.4 52.9 1,087 543 272 54

The Same 2017 Player of the Year

The overall winner from 2017, Chris Ferguson, would have remained unchanged. Ferguson’s point total would have been 3,309 points from 23 cashes, including 1 bracelet (1st in the €1,650 Pot-Limit Omaha Hi-Lo 8 or Better for €39,289 at the WSOPE), one runner-up finish (2nd in the $10,000 Seven Card Stud Championship for $151,700 at the WSOP), and one additional final table (4th in the $10,000 Pot Limit Omaha Hi/Lo – Championship for $150,929 at the WSOP).

2018 WSOP POY Key Information

The 2018 Player of the Year race will include the World Series of Poker at the Rio All-Suite Hotel and Casino in Las Vegas running May 29 through July 17, and the World Series of Poker Europe at King’s Casino in Rozvadov running October 11 through November 2.

Cashing in The Giant and the PLO Giant nets players POY points, but those points won’t be displayed on the website till the final flight of these multi-flight events has taken place since the total amount of entries is a factor in the formula.

For multi-flight events where players can cash and bust in a starting flight and reeenter, making it possible for players to cash multiple times in the same tournament, players can only earn points once per event. On the official list of results on WSOP.com, all players advancing to Day 2 will be listed in the order in which they are eliminated on Days 2, 3, and 4. Players who make the money but who do not advance to Day 2, will be listed in the order of total payout amount received, which will be the place the POY points are awarded.

When playing the Heads-Up event or one of the shootout events, players eliminated in the same round (thus with the same payout) will receive the same amount of points. The points rewarded to these players will be the average of the points those places would have earned in a regular event.

The following events are excluded from the 2018 WSOP POY race:

  • Event #1: $565 Casino Employees No-Limit Hold’em
  • Event #32: $1,000 Seniors No-Limit Hold’em
  • Event #36: Super Seniors No-Limit Hold’em
  • Event #55: $1,000 Tag Team No-Limit Hold’em
  • Event #57: $1,000/$10,000 Ladies Event
  • Event #78: $1,000,000 Big One for One Drop

There’s no (physical) prize for winning the WSOP 2018 Player of the Year race. A banner with the photo of the winner will go up the next year.

World Series of Poker Player of the Year Since 2004

Year Player Bracelets Final Tables Cashes Tournament Earnings
2004 Daniel Negreanu 1 5 6 $346,280
2005 Allen Cunningham 1 4 5 $1,006,935
2006 Jeff Madsen 2 4 4 $1,467,852
2007 Tom Schneider 2 3 3 $416,829
2008 Erick Lindgren 1 3 5 $1,348,528
2009 Jeffrey Lisandro 3 4 6 $807,521
2010 Frank Kassela 2 3 6 $1,255,314
2011 Ben Lamb 1 4 5 $5,352,970
2012 Greg Merson 2 2 4 $9,755,180
2013 Daniel Negreanu 2 4 10 $2,214,304
2014 George Danzer 3 5 10 $878,993
2015 Mike Gorodinsky 1 3 8 $1,766,796
2016 Jason Mercier 2 4 11 $960,424
2017 Chris Ferguson 1 4 23 $428,423