Negreanu, have since stated that the recently added $50,000 H.O.R.S.E./Poker Player's Championship event is the one which ultimately decides the world's best player. The $50,000 buy-in, being five times larger than the buy-in for the Main Event, has thus far tended to deter amateurs from playing in this event, and the variety of games played require a broader knowledge of poker. The first $50,000 event, conducted as a H.O.R.S.E. tournament, was won by
Chip Reese in 2006. In 2010, the $50,000 event changed from H.O.R.S.E. to an "8-game" format, adding no-limit hold 'em, pot-limit Omaha, and 2–7 triple draw to the mix, and was rechristened The Online Hold'em Poker Player's Championship, with Michael Mizrachi winning the first edition of the revamped event. Since Reese's death in December 2007, the winner of this event receives the David 'Chip'