Event #5: 50th Annual High Roller - $50,000 No-Limit Hold'em

Welcome to Day 1 of Event #5: 50th Annual High Roller - $50,000 No-Limit Hold'em

WSOP Bracelet

The first high roller event of the 2019 World Series of Poker gets underway today, as it's time for the special Event #5: 50th Annual High Roller - $50,000 No-Limit Hold'em.

Day 1 will serve to ease the players into the nosebleed tournament, as only eight levels of play, lasting an hour apiece, are on the schedule.

Everyone will start with 300,000 in chips and blinds of 1,000/1,000 with a 1,000 big blind ante. They'll bag up after 4,000/8,000/8,000. This event offers a single reentry option and will be played with an action clock to keep the pace of play rolling. Since registration remains open until well into Day 2, players may be entering this event all throughout Day 1.

While this is a special anniversary $50,000 event for the 50th running of the WSOP, thus making it a new event, it's not the first anniversary-based buy-in to be run for a gold bracelet. Back in 2009, Vitaly Lunkin topped a field of 201 to win nearly $1.9 million in the $40,000 No-Limit Hold'em 40th Anniversary Event.

With the increased buy-in and the proliferation of high roller events, it's a safe bet the $50K will be popular as well. Stick with PokerNews to find out how Day 1 goes, with the first card scheduled to come off the deck at 3 p.m. local time.