Welcome to the Inaugural Jin Bei Cup $50,000 Short Deck Main Event
The three-day Jin Bei Cup is gearing up for the flagship tournament of the series at the lavish Jin Bei Palace Hotel in Sihanoukville, Cambodia. Unlike the opening $5,000 Single Day Event which was played in the traditional No-Limit Hold'em format, one of the newest and most popular poker variants will be taking the centre stage for the next two days: Short Deck.
On May 8 and 9, 2024, the inaugural Jin Bei Cup features the marquee $50,000 Short Deck Main Event which comes with a massive $5,000,000 guarantee, one of the largest guaranteed prize pools in the history of the fast-paced formats that has taken the world of poker by storm in recent years. As can be expected, some big names of the international poker circuit will be heading to the Kingdom of Cambodia to compete in this high-stakes contest.
Tom "durrrr" Dwan and Dan "Jungleman" Cates have already confirmed their attendance as has Martin Nielsen, WSOP gold bracelet winner in the Short Deck variant in 2023. They will be joined by high-stakes players and business owners to make this one of the most exciting live poker tournaments of the year.
A winner will be crowned within the next two days and the action is set to kick off at 3 p.m. local time. Most Short Deck tournaments feature a "three bullet" system whereas the 2024 Jin Bei Cup $50,000 Short Deck Main Event comes with a starting stack of 300,000 and two bullets of 150,000 each. As usual, the tables will be six-handed and the levels last 30 minutes each during the entire tournament.
Day 1 will feature a total of 12 levels during which unlimited re-entries are available. The buy-in rules have been adjusted for this event, however. As of the start of level ten, players who are eliminated can choose to purchase a one-time buy-in of two stacks and pay a registration fee of $104,000 to recommence with 600,000 in chips. Before the start of Day 2, all players can choose to add one or two stacks as well, with each stack exchanging the buy-in amount for 300,000 chips.
The late registration will close when the final day recommences on Thursday, May 9, 2024, at 2 p.m. local time. From there on, all unused bullets will be redeemed and no further entries will be allowed for the race towards crowning a winner in Cambodia. The ante at the start of Day 2 will be 15,000 with a button double ante of 30,000.
Based on the guarantee of $5,000,000, the Jin Bei Group is guaranteeing the following payouts for the top three finishers, whereas the amounts may increase if more prize money is generated.
- First Place: $1,500,000
- Second Place: $800,000
- Third Place: $600,000
Furthermore, the tournament also features a 30-second shot clock throughout the entire duration as well. At the start of the event, each participant receives eight time bank extension cards and an additional five will be granted once the seven-handed final table has been reached.
Stay tuned right here on PokerNews for the high-stakes action in Cambodia for what shapes up to be one of the most exciting Short Deck tournaments of the year.