Party Poker Monthly Million Approaches!
August 27, 2009
The time is almost here that all online poker players who play their hands at Party Poker have been waiting 4 weeks for, the next Party Poker Monthly Million tournament, which will be played on 6th September 2009.
The tournament falls on the first Sunday of every month and offers the sites top online poker players the opportunity to buy a place within the tournament for a buy in of $600 + $40.
The buy in for the tournament buys your place into the start of the tournament and covers the fees that the site places onto the game for their running costs.
Each player will begin the tournament with twenty thousand poker chips and the game will be played in levels that last twenty minutes per round before the blinds increase.
The $1 million prize pool for the tournament is guaranteed, so getting into the tournament has a huge draw factor for any poker player out there.
Not got $640 to place into a buy in fee? Well don’t worry just yet, you will be glad to know that you can buy into satellites that will be priced at a lower fee in which you can win entry into the main tournament.
More great news for online players at Party Poker is that they have announced that they want to be able to reward loyal players over the month of September, creating a new promotion named ‘Cash Machine’.
The promotion is aimed towards getting players to stay active over the time that the promotion is active, having to obtain a minimum of 10 points while playing at the tables per day.
The site will then calculate the number of points that players have obtained over their highest 10 days of the month, matching the points total to cash, paying out $1 per point earned.
This will be great news for any player at the site, especially the big hitters that sit at the $5/$10 tables on a daily basis.
World Poker Tour Rights Could Be Sold
August 26, 2009
WPT Enterprises Inc., the parent company to the better known World Poker Tour are set to take negotiations regarding a sale of the companies assets.
The deal is been thrashed out with Peerless Media Ltd, a division within the better known PartyGaming plc company.
The deal will see PartyGaming PLC taking over the ownership of the World Poker Tour brand in a $12.3 million purchase but within the deal WPT Enterprises Inc. will still recieve 5 percent of the monitory figures that are achieved from trade names, branding, tangible personal property as well as intellectual property rights.
The deal comes as the World Poker Tour is set to have its first televised tournament placed onto air, featuring a tournament being held at Hollywood Casino Lawrenceburg, Ind.
The deal owill mean that the previous offer of $9.075 million from Gamynia Ltd. will be dwarfed and ruled out with PartyGaming PLC looking the likely company to take control of the brand.
Steve Lipscomb, President of WPT Enterprises issued a statement saying:
“The Board of Directors has determined that PartyGaming’s acquisition proposal is financially superior and we look forward to working with one of the pioneers and leaders in the poker and online gaming markets to provide a strong vehicle for the WPT brand to continue its global expansion and return to online gaming.”
Both of the offers that have been tabled for the company offer nothing compared to the offer that was made by Doyle Brunson back in 2005, with the professional poker player offering $700 million to take control of the company and its assets.
FTOPS XIII Events Get 2 Winners
August 10, 2009
>Last Saturday saw alot of action happening at Full Tilt Poker due to their ongoing popuar tournament FTOPS Series.
The tournament has been a very popular series of tournaments with some of the worlds biggest poker professionals locking horns with amatuers in a bid to take the huge prize pools that are on offer for the winners of each event.
Saturday’s action saw event number 6 and 7 played out and there was some very interesting clashes at the virtual poker felts.
FTOPS XIII Event #6 Final Table Payouts
- Smouse156 – $76,232.75
- zelik – $71,000
- countrymac – $41,650
- thewood503 – $31,654
- NoPasaran – $22,491
- blend84 – $14,369.25
The sixth event within the FTOPS tournament schedule was the $535 six max Pot Limit Omaha tournament which pulled in a player field of 833 players, all looking to get their hands on the title of FTOPS champion and the huge payout that came with the honour.
With figures expected to be lower for the number of players who were looking to enter into the tournament, the prize pool offered an increase amount of over $400,000 up for grabs, shared between any players that placed in the tournament.
The pro rank players in the tournament saw that their chip stakes were reducing quickly and soon found themselves ‘heading to the rails’ with professional poker player Johan Storakers finishing the highest of the pros that bought into the tournament, finishing in 12th place with a cashing of $4,914.70.
FTOPS XIII Event #7 Final Table Payouts
- guilhermeosa – $126,632.27
- mralan2950 – $107,289.72
- blackjack9 – $68,237
- hmiester – $51,526.20
- j0lfa – $36,207.60
- BeanzMcGriff – $23,674.20
- 37ofhearts – $16,014.90
- pracaka – $11,140.80
- SteveyMoney – $8,355.60
The second event of the day to be played was that of Event 7 – $109 No Limit Hold’em with rebuys.
No limit poker is often one of the most popular variants of poker that is played within the FTOPS series of tournaments due to its ever increasing popularity across the globe, with this tournament offering no less than 2,316 players.
Due to the huge player field and the ability to purchase rebuys should a player have the funds, the prize pool was guaranteed to become a large one, with $696,300 placed up for grabs due to the number of buy in and rebuys that were made during the tournament.
The professionals at Full Tilt Poker offered a poor showing within this tournament, with the highest placed Leandro Brasa finishing in 62nd place and winning $1,253.34 prize money.
So far it seems that the professionals are been schooled on their weaknesses by the amatuers, could that be the way that the tournament is going to play out this year or will some of the bigger names in world poker begin to appear and show winning status?