1978 World Series of Poker
The 1978 World Series of Poker (WSOP) was a series of poker tournaments held in May 1978 at Binion's Horseshoe.  and was the first WSOP that was not a winner-take-all prize. Instead the tournament had a progressive prize structure, as follows 50 percent for the Winner then 20 for second, 15 for third, 10 for fourth, and 5 percent for fifth place.
|$10,000 Deuce to Seven Draw||Billy Baxter||$90,000||Unknown|
|$1,000 Seven Card Razz||Gary Berland||$19,200||Unknown|
|$500 Seven Card Stud||Gary Berland||$17,100||Unknown|
|$5,000 Seven Card Stud||Doyle Brunson||$68,000||Unknown|
|$1,000 No Limit Hold'em||Aubrey Day||$42,600||Unknown|
|$200 Ladies' Seven Card Stud||Terry King||$10,080||Unknown|
|$5,000 Draw High||Lakewood Louie||$21,000||Unknown|
|$1,500 No Limit Hold'em||Hans "Tuna" Lund||$46,800||Unknown|
|$1,000 Seven Card Stud Split||David "Chip" Reese||$22,200||Unknown|
|$1,000 Ace to Five Draw||Henry Young||$19,200||Gary Berland|
There were 42 entrants to the main event. Each paid $10,000 to enter the tournament. The 1978 Main Event was the first of its kind to pay prize money to any players other than the winner.
Performance of past champions
- Day one: Johnny Moss, Thomas "Amarillo Slim" Preston, Walter "Puggy" Pearson, Brian "Sailor" Roberts, Doyle Brunson