World Series of Poker adding $1 Million Buyin Event for 2012

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The World Series of Poker will hold a poker tournament next year with a $1 million buyin. This event is for the really high rollers.

Roughly 15 players already have confirmed that they will play in the no-limit Texas Holdem event starting July 1 next year. Some of the players include Cirque du Soleil founder Guy Laliberte, Treasure Island hotel-casino owner Phil Ruffin, and poker professionals Tom Dwan, Daniel Negreanu and Johnny Chan.

11 percent of the buy in will go to the charity, One Drop, a non-governmental organization in Montreal that helps people access water in Third World countries. The WSOP will not charge it’s normal tournament fees for the event. Organizers hope to raise $5 million for the charity.