Game with an annual World Series since 1970

POKER

This high-stakes card game crowns its champion with a coveted gold bracelet each year.

The clue refers to the World Series of Poker, a famous annual poker tournament that began in 1970. While "World Series" is strongly associated with baseball, here it’s a nod to the high-profile poker event. The answer is "POKER" because the tournament’s name cleverly repurposes the baseball term for a different competitive game.