America’s Cardroom to host the first $1m guaranteed tournament in an exceedingly long time, as the flagship of the Winning Poker Network (WPN), flexes it’s muscles Stateside.
What do you think about when you hear mention of $1m guaranteed prize pools? Be honest, in terms of online poker, you aren’t thinking of America?
All that is about to change as America’s Cardroom have announced plans to host a $1m guaranteed tournament on December 14th known as the “Winning Millions’ tournament. Quite a turnaround when you consider the total guarantee for the entire Online Super Series of 2013 was $1m – and that was spread over 14-days worth of tournaments.
“Seven figures has been completely foreign to US players for well over three years now,” America’s Cardroom spokesman Michael Harris was quoted as saying on Professional RakeBack. “We’re excited to raise the bar and set a new standard for poker in America with a $1 million tournament prize pool that’s reminiscent of the glory days.”
America’s Cardroom is the kingpin of the WPN and their Tournament Director, Dan Kent, has promised an ‘aggressive’ satellite structure, aimed at making sure that the guarantee has every chance of being met.
There will be no fewer than eight qualifiers running on a daily basis, with additional sit n go’s also in operation. Buy-ins range from freerolls to $109 satellites that offer at least two free seats.
The ‘Winning Millions’ tournament will be a $540 buy-in that promises a minimum of $200,000 for the winner, and the event will provide 10,000 starting stacks, five hours of late registration, and 15-minute blind levels. Each player who makes the final table will be given a free bank wire to make sure they get their winnings as fast as possible.
It’s great progress for the WPN who just three years ago classed their $55 rebuy event, with a $6k guarantee, as their biggest weekly tournament. In May, the WPN hit the headlines after taking the decision to withdraw from the regulated markets of Nevada, New Jersey and Delaware.