$111,111 One Drop Begins at Noon

Today marks the kick off of the largest buy-in tournament on the 2013 World Series of Poker schedule, Event #47: $111,111 One Drop High Rollers No-Limit Hold'em. Last year, the WSOP held the $1,000,000 Big One for One Drop that shattered records for the largest buy-in tournament ever held, and this year it will be looking to shatter more records in terms of the largest field ever to play a six-figure buy-in event.

In 2006, the first six-figure buy-in poker event was held with the AU$100,000 Speed Poker Million Dollar Challenge at the 2006 Crown Australian Poker Championships. That event attracted 10 entries and was won by John Juanda for AU$1,000,000. The largest field size and prize pool in a six-figure buy-in event was the recent 2013 GuangDong Ltd. Asia Millions HK$1,000,000 (approx. $130,000) Main Event where 71 unique players competed and there were 54 re-entries made, creating a total field size of 125 entries. The WSOP's $111,111 One Drop High Rollers event is expected to surpass that number of entries, but will have to do so without re-entries available.

Many of poker's top players took the day off yesterday, opting not to buy into the gold bracelet events that were kicking off because they knew they wouldn't want to risk anything getting in the way of the start of this massive event. Phil Ivey and Daniel Negreanu are two of those players, and two of the biggest names in poker that are expected in the field today. Others expected to be in action are Erik Seidel, John Juanda, Greg Merson, Sam Trickett, Kyle Julius, Antonio Esfandiari, Jake Cody, Mohsin Charania, Faraz Jaka, Eugene Katchalov, Bertrand "ElkY" Grospellier, Bill Perkins, Dan Shak, Yevgeniy Timoshenko, and so many more.

Another player who will be in the contest is Owais Ahmed, WSOP gold bracelet winner. Ahmed's entry is special because he won the WSOP.com drawing for the $111,111 seat into this event.

For this special event, players will begin with 300,000 in tournament chips and the blinds will start at 300/600/100. Each level will last 60 minutes in length, and the official WSOP structure sheet can be found here.

The cards will be in the air at 12 p.m. local time in Las Vegas a the Rio All-Suite Hotel & Casino. If you're in the area, feel free to come on down and rail the event live. If you're not, rest assured because the PokerNews Live Reporting Team has you covered all day long.

Strap in and get ready for an exciting day of poker. We'll see you back here in a bit.