Wed, Mar 27, 12:46pm by Staff Writer
Party Poker’s next Powerfest series kicks off this weekend and will run for two weeks, with 255 tournaments and a guaranteed prize pool of more than $30 million.
Kicking off on March 31 and concluding on April 14, the ninth instalment of the Powerfest has multiple buy-ins across each event to accommodate every size of bankroll.
The site is also running a comprehensive satellite schedule that offers a number of opportunities to qualify for the series’ feature events at a fraction of the buy-ins.
The schedule offers a good range of No Limit Hold’em tournament formats from slow-paced, deepstack events to hyper-turbo crapshoots, but no Omaha tournaments.
Instead, the site is hosting five “Championship Events” – each awarding a special trophy to commemorate the winner’s achievement, according to Poker News Report.
There will also be fourteen “Powerfest $320 “ tournaments with prize pools up to $1 million.
The highlights of the Powerfest series will be the five Championship Events.
Between the five events, there is a guaranteed $6.5 million prize pool.
The Championship Events kick off on Thursday, 4 April with $10,300 buy-in.
The biggest even will be the $25,500 buy-in on Thursday, 11 April, with a prize guarantee of $2.5 million.
— Poker Vantage (@PokerVantage) March 26, 2019
Players without sufficiently deep pockets to support big buy-ins will be interested in the Sunday, 14 April event with a $320 buy-in and $1 million prize guarantee.
Party Poker’s three-handed, hyper-turbo spins games appear to be the flavor of the month at present.
The site has not overlooked the opportunity to take advantage of the games popularity by putting on a special Powerfest Spins promotion.
In this promotion, players have the choice of two buy-in levels – $5 and $50 – with the chance of winning a range of prizes.
The $50-buy-in with the maximum 510 times multiplier prize is a $25,000 Powerfest ticket.
Although the chance of the top prize being draw is one-in-a-million, the frequency at which the lower value ticket prizes will be drawn doesn’t offer no value.
Party Poker announced in February that it would be running a special Powerfest series for Spanish and French players for its shared liquidity market.
The two online markets were segregated in 2011, with the tournament schedule wiped from southern Europe amid not enough players to support its existence.
A tournament schedule was reintroduced in June 2018 when Party Poker acquired a license to operate a shared liquidity market, but even then it was a modest schedule compared to that offered by PokerStars.
The Spanish and French Powerfest series took place from Sunday 24 February to Tuesday 12 March and included 91 events, with a total series guaranteed prize of 3.5 million euros.
Party Poker’s events have no geographical limit, with Marty Mathis recently winning the Party Poker Millions event in South America.
He took away $873,000 in prize money, with the event attracting 439 entrants.
“I’ve been waiting for this moment for twelve years,” a tearful Mathis told Party Poker reporters after his win.
He took out the inaugural Millions South America, the first time he has won a poker tournament since locking up a side event at the Aussie Millions in 2012.
Matas Cimbolas was eliminated in third spot for $559,200, ensuring Mathis would have a heads-up encounter with Bruno Volkmann, holding a chip advantage.
The pair would wage war for more than three hours with Volkmann only taking the chip lead once during that period.
The final hand saw Volkmann move all-in holding queen of diamonds and two of spades.
Mathis called with the dominating queen and eight of clubs and the better hand held to give Mathis his first major title.
Sydney City Council has labeled plans by Crown Casino to increase the number of apartments at its Barangaroo site on Sydney’s foreshore…
Marina Bay Sands, one of Singapore’s two casino resorts, has dropped a S$10 million lawsuit against an Australian high roller who failed…
Layoffs at MGM Resorts International may help – not hurt – the operator captures one of three coveted gaming licences up for…