The WSOP has announced that the Big Bling Ante structure will be used for eight of their 78 gold bracelet events this year, one at each of eight price points. The format will also be used across a number of side events.
The Big Blind ante structure whose popularity has been increasing in recent times changes how antes are approached. Rather than each player posting an ante every hand, the Big Blind posts the ante for the entire table, the amount of which will be one big blind. Removing the need for each player to post an ante and dealers to go around the table collecting the antes increase the speed of play and in turn the number of hands that can be dealt per hour.
The WSOP went on to clear up something that has been debated in the poker community with regard to Big Bling ante, “Which is anted first, the Big Bling or the Ante?” The answer for WSOP events will be the Big Bling. They also clarified that "No matter how many chips a participant starts with he/she can always win the entire ante" providing an example to demonstrate how this will work
“For example: the blinds are 4k/8k and the big blind also antes 8k. A participant who is not in the blinds who starts the hand withonly 1k gets involved in a three-way pot against the blinds. If that participant wins, he/she wins 11k (his/her own 1k wager, plus 1k from each opponent, plus the 8k ante). In this scenario, 1 chip can win 11 chips.”