Texas Hold 'em with $40,000 buy-in set for 40th WSOP

That's right - it's triple the number of chips and it's starting. I can't wait to watch this on ESPN again this year.

Players in all 57 events at this year's World Series of Poker will start out with significantly larger stacks of chips. Whether they have any left at the finish is up to their skills and luck.

Event No. 2 set for Thursday through Sunday at the Rio hotel and casino in Las Vegas is a new Texas Hold 'em tournament with a buy-in price of $40,000 to commemorate the 40th annual World Series. For the $40,000, each player will get 120,000 chips.

That 3-1 ratio of chips to buy-in price will apply in every event. The ratio had been 2-1 since 2007. Before that it was 1-1.

"We did triple the starting chips this year, allowing players more opportunities to have their strategies, learn their players at the table, last longer in the tournament and really give them an opportunity to play," says tournament director Jack Effel.

At Triple the chips: Texas Hold 'em with $40,000 buy-in set for 40th WSOP

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