H.O.R.S.E. is a form of poker commonly played at the high stakes tables of casinos. It consists of rounds of play of different poker games, specifically:
H.O.S.E. (also known as S.H.O.E.) is a variant of H.O.R.S.E. that is played without playing Razz.
There are two ways this game rotates between games - by round or by time. If the game is changed by round, the game changes to the next game in the sequence once the deck returns to the original dealer or a certain number of hands are played. If the game is changed by time there will be a set time limit for each game (hold 'em, etc.).
H.O.R.S.E. is most commonly played as a limit game, but occasionally plays as a no-limit game.
Over the past few years, many professional poker players have voiced their opinion that a more reliable indicator of poker skill would be an event where a wide variety of games is played, which requires a much broader poker skillset. The game of H.O.R.S.E. has become more popular over the last few years as a result of these opinions.
As a result, a record-setting $50,000 buy-in H.O.R.S.E. tournament made its debut at the 2006 WSOP. Poker legend Chip Reese won the event, earning $1,716,000. When Chip Reese died in 2007, the "Chip Reese Memorial Trophy" was created in his honor and was awarded to the winner of the $50,000 championship event since 2008 (Scotty Nguyen won the first Chip Reese Memorial Trophy). For 2010, the $50,000 H.O.R.S.E. event was replaced by "The Poker Player's Championship", with an identical $50,000 buy-in. Instead of H.O.R.S.E., the Player's Championship uses an 8-game format, rotating among 8 different poker games. Michael Mizrachi won the first edition of the reworked event.
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