Updated on 22 Feb 26 by
Matt Perry
Poker Expert

The 2012 PokerStars World Championship of Online Poker Starts Today

The tenth annual PokerStars World Championship of Online Poker (WCOOP) begins today. We take a look at what you can expect and look back at the history of the online festival.

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This year's festival features 65 events between September 2-23, with buy-ins between $215 and $10,300.

$30,000,000 is guaranteed, including the $5,200 main event on September 23 which boasts a $5,000,000 guarantee.

Satellites are running around the clock for each and every event, and the only place you can play in the WCOOP is PokerStars.

View the complete WCOOP Schedule

The history of the WCOOP

When PokerStars first launched their World Championship of Online Poker in 2002, the series consisted of just nine events and a total prize pool of less than $750,000.

Last year, the ninth WCOOP raised a total prize pool of over $63 million, with the winner of the Main Event taking home more than $1.26 million after a five-handed deal. With the original prize structure, the top four players would have each taken home more than the total prize pool of the first WCOOP.

The growth of the WCOOP

When the World Championship of Online Poker was conceived, PokerStars was by no means the dominant online poker presence that it is now. One of numerous fledgling sites, PokerStars' first WCOOP shows the growth of the company and online poker as a whole - just nine events and a total prize pool of less half the present-day Sunday Million.

PokerStars World Championship of Online Poker 2002 - 2011
Year Events Main Event Participants Main Event First Prize Total Series Prize Pool
2002 9 238 ($1,050 buy-in) $65,450 $730,000
2003 11 891 ($1,050 buy-in) $222,750 $2,700,000
2004 12 843 ($2,600 buy-in) $424,945 $6,000,000
2005 15 1,494 ($2,600 buy-in) $577,342 $12,000,000
2006 18 2,510 ($2,600 buy-in) $670,194 $18,674,300
2007 23 2,998 ($2,600 buy-in) $1,378,330 $24,218,600
2008 33 2,185 ($5,200 buy-in) $1,265,432 $39,958,000
2009 45 2,144 ($5,200 buy-in) $1,715,200 $51,652,800
2010 62 2,443 ($5,200 buy-in) $2,278,098* $63,157,150
2011 62 1,627 ($5,200 buy-in) $1,260,019 $47,120,800
* Largest first prize in online poker history

WCOOP Reload Bonus of 20% Up To $100

If you deposit between August 28 (00:01 ET) and September 4 at (23:59 ET) and use the bonus code "WCOOP", you receive a pending bonus of 20% your deposit value. To receive the maximum bonus of $100 you need to deposit $500.

In order to clear the bonus you need to earn VIP Player Points (VPPs). For every 100 VPPs you earn, $5 of your bonus gets released. You will have 45 days to earn as much of your bonus as you can.

Example: On September 1 you deposit $200 using the code "WCOOP". This means you get a pending bonus of $40 (20% of $200). You then have until October 15 to earn the 800 VPPs (100 VPPs x 8 $5 increments) required to release the bonus of $40.

This bonus is intended for existing PokerStars players who have already beEN given their first deposit bonus. If you are new to PokerStars, please create a new account first to get a 100% up to $600 bonus instead.

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