| 1978 World Series of Poker | |
|---|---|
| Location | Binion's Horseshoe, Las Vegas, Nevada |
| Dates | May 7 – May 22 |
| Champion | |
 Bobby Baldwin | |
The 1978 World Series of Poker (WSOP) was a series of poker tournaments held in May 1978 at Binion's Horseshoe,[1] and was the first WSOP that was not a winner-take-all prize. Instead the tournament had a progressive prize structure, as follows 50 percent for the Winner then 20 for second, 15 for third, 10 for fourth, and 5 percent for fifth place.[2]