Counting Chips

One former WSOP champion said that the main event attracts 200 world-class players, 2,000 really good players, and 5,000 complete morons.

Judging by the payout structure, I'd break it down like:

• 600 world-class (# places paid out (approx))
• 1,600 really good (# players in the tournament on 2nd day)
• 5,000 wannabes (# players out on the first day)

If you're really good, you'll make it past the first day.