Massive $250K Grand Prix Poker Tour Online Runs this Sunday, December 20

Name Surname
Senior Editor
3 min read
partypoker

This Sunday, December 20 at 5:00 p.m., the Grand Prix Poker Tour's third leg — the first to take place online — will play on at partypoker, and the tournament is set to offer incredible value thanks to the relatively low buy-in and large guaranteed prize pool.

With just a $109 buy-in, the online leg of the Grand Prix Poker Tour is affordable for many players, who will receive a generous helping of 30,000 tournament chips and 16-minutes blind levels starting at 50/100. Should anyone dust their stack off before the end of the 12th level, they can reenter once and take another bite at the money-stuffed cherry.

Despite the relatively low buy-in, partypoker is offering a hefty $250,000 guaranteed prize pool, which makes it the largest guaranteed $109 buy-in event anywhere online on Sunday. This means the tournament needs a total of 2,500 entries to meet the guarantee, which seems extremely ambitious considering its $109 buy-in, $150,000 guarantee usually attracts in the region of 1,600 players. Also, only 140 players have registered for the $250,000 guaranteed event at the time of writing, meaning there could be an overlay.

Mega Sats Running During the Weekend

Although a $109 buy-in for a $250,000 guaranteed prize pool is affordable, partypoker wants to give as many players as possible the chance to play and has created what it is calling "Mega Sats". There are two such Mega Sats running on Friday, December 18 at 7:00 p.m. and 9:00 p.m. GMT that cost $22 to enter and have 50 x $109 seats guaranteed.

Keep your eyes peeled in the partypoker lobby on Saturday and Sunday for even more Mega Sats, with the latter day offering the chance to win one of 200 seats.

In addition to the Mega Sats, players can win their way to the $250,000 guaranteed event via the many satellite tournaments running throughout the day. Players can use the $109 ticket they win to enter and it is possible to enter partypoker ticket tournaments at the $0.01 level.

Buy Yourself a Gift in the partypoker Loyalty Store

It is possible to exchange partypoker points for a $109 ticket via the Loyalty Store. The higher up the loyalty scheme a player is, the cheaper the tickets become. For example, silver VIPs can exchange 3,000 points for a $109 ticket, with Gold VIPs having to pay only 1,500 points. The Palladium VIPs among you can swap 1,000 points for a $109 ticket, which works out at around 22% value back.

Grand Prix Poker Tour: The Story So Far

As mentioned, this Sunday’s online leg is the third stop on the tour run by Dusk Till Dawn and partypoker. The inaugural leg took place at Dusk Till Dawn’s casino in Nottingham and saw players enjoy an overlay of around £42,000.

The main beneficiary of this cash injection was eventual champion Benjamin Preece, who walked away with £35,000 for his £60+£10 investment, defeating Paul "The Rock" Romain heads-up for the title.

Leg number two saw the tour head to the home of Chelsea FC, Stamford Bridge, the first time the tour had stopped off at a football stadium. Again, the tournament had money added to it – almost £60,000 – with Sunny Mistri walking away with top honours, £35,000.

Want to stay atop all the latest in the poker world? If so, make sure to get PokerNews updates on your social media outlets. Follow us on Twitter and find us on both Facebook and Google+!

Share this article
author
Senior Editor

Matthew Pitt hails from Leeds, West Yorkshire, in the United Kingdom, and has worked in the poker industry since 2008, and worked for PokerNews since 2010. In September 2010, he became the editor of PokerNews. Matthew stepped away from live reporting duties in 2015, and now concentrates on his role of Senior Editor for the PokerNews.

More Stories

Other Stories

Recommended for you
Tony G To Canadian Prime Minister Justin Trudeau: "I'll Take Everything You Have" Tony G To Canadian Prime Minister Justin Trudeau: "I'll Take Everything You Have"