The longest running major poker tournament in the world is the World Series of Poker, held annually at Binion's Horseshoe in Las Vegas. The winner receives the title of 'World Champion' and 1.5 million dollars; more than twice the prize money offered by any other tournament. All events, except the Women's and Press & Championship events, will have a two day format. Most events last between 12 and 14 hours with a 10 minute break every 2 hours and an intermission for dinner.