Posts Tagged ‘Guarantees’

Citing Early Demand, Guarantees at 2017 World Series of Poker Europe Increased

 Citing Early Demand, Guarantees at 2017 World Series of Poker Europe Increased

As anticipation builds for the event – as well as the demand from the players – officials from King’s Casino in Rozvadov, Czech Republic, and the World Series of Poker have announced changes to the guarantees for the upcoming 2017 World Series of Poker Europe.

The biggest announcement was regarding the guaranteed prize pool for the Main Event of the WSOP Europe. Instead of a €4 million guaranteed prize pool for the Main Event, another €1 million has been added to bring the total pool up to €5 million. The increased money will allow the eventual champion of the Main Event to walk away with a €1 million payday.

“We are encouraged by the number of early bookings for the WSOP-E, so much so that we have raised the total guarantee of the Main Event to €5,000,000 and now guarantee €1,000,000 to the winner,” said King’s Casino owner Leon Tsoukernik, according to PokerNews.com’s Brett Collson. “My advice is to book now and secure your spot.”

The news regarding the increase of the Main Event prize pool was big, but further details regarding the biggest buy-in event at the WSOP-E continue to build the excitement. According to Tsoukernik, 90 players have committed to take part in the €111,111 High Roller event, scheduled to begin on November 3. Some of the players committed to the event include High Roller stalwarts such as Fedor Holz and Antonio Esfandiari and include others such as Phil Hellmuth, Gus Hansen and Antanas “Tony G” Guoga.

With the field capped at 111 players for the High Roller (and a guaranteed prize pool of €10 million), Tsoukernik has pledged to give up his seat should it be required. Tsoukernik, in an act of philanthropy, stated that should he walk away from the High Roller event, he would still allow his €11,111 deposit for his seat to be kept. The “juice” in the High Roller, that €11,111, will go to the One Drop Foundation, the organization founded by Canadian poker player/businessman/Cirque du Soleil founder Guy Lalliberte to ensure all people around the world have access to water.

The remainder of the WSOP-E schedule features nine other bracelet events, all with guaranteed prize pools from €500,000 to €2 million. The €2 million guaranteed prize pool will be “The Colossus,” a €550 buy-in event that would have to bring in 4000 entries to break even. Beginning on October 27, there will be 10 flights run to attempt to reach that magical figure.

There is a tremendous amount of history in the WSOP-E despite its short tenure. The inaugural WSOP-E Main Event saw the youngest ever WSOP bracelet winner, Annette Obrestad, pick up her first bracelet one day shy of her 19th birthday. In 2008, the final table of the Main Event featured Ivan Demidov, who became the first (and, so far, only) person to make the final table of the Main Event in Las Vegas and Europe in the same year. Demidov’s feat was joined by the crowning of John Juanda as the champion of the Main Event.

In 2009, a stirring battle between (now) Poker Hall of Famer Daniel Negreanu and CardPlayer Magazine owner Barry Shulman was the highlight of the WSOP-E. After five hours of heads-up play, Shulman was eventually able to defeat Negreanu to capture his second WSOP bracelet. 2010 would see the U. K.’s James Bord take down the WSOP-E Main Event championship in front of his countrymen.

In 2011, the WSOP-E decided to hit the road. Going from the Casino at the Empire in London to the Majestic Barriere Cannes and the Le Croisette Barriere in Cannes, seven bracelets were awarded as Elio Fox stopped Chris Moorman from taking his first WSOP bracelet. 2012 would be a historic year as Phil Hellmuth became the first player to win both the WSOP Main Events in Las Vegas and in Europe and, in 2013, Adrian Mateos picked up his first WSOP bracelet in defeating Fabrice Soulier for the crown.

At the end of 2013, it was announced that the WSOP-E and its international counterpart, the WSOP Asia/Pacific, would alternate years instead of being contested each year. The WSOP Asia/Pacific would take the even-numbered years and the WSOP-E would take the odd-numbered years. Thus, the WSOP-E would not be contested until 2015, when it was moved to the Spielbank Berlin in Germany. Kevin MacPhee defeated a 313-player field to win the bracelet that year.

What memorable events will be etched into the history books from the trip to the Czech Republic? It will all unfold beginning on October 19 when the World Series of Poker Europe starts.

Poker News Daily

Amaya Gaming, PokerStars Add $600,000 In Guarantees for Panama Championship

 Amaya Gaming, PokerStars Add $600,000 In Guarantees for Panama Championship

After receiving feedback from the players regarding their inaugural event in the Bahamas, officials with PokerStars and Amaya Gaming have made some adjustments to their upcoming stop in Panama. Of interest to most players will be the more than $ 600,000 in guarantees to the tournament schedule, but other factors may drive player interest to head for Central America.

Most of the guaranteed money will be going to one tournament. The PokerStars National Championship – the organization that took over many of the national tours that PokerStars used to operate, including the Latin American Poker Tour – now will have a $ 400,000 guaranteed prize pool for its contestants. With a $ 1100 buy in, it is obvious that PokerStars is trying to drive some interest in this tournament, which replaced the LAPT Main Event.

Three other lower buy-in tournaments will have guarantees placed on them. The PokerStars Cup, a $ 440 buy in event, will have a $ 150,000 guaranteed prize pool. The $ 220 PokerStars Open will have a $ 50,000 guaranteed tournament, while a $ 120 buy in event on the schedule will feature a $ 20,000 guarantee. There are also two $ 120 super satellites for the National Championship that guarantee ten seats and two “freebuy” (no buy-in) satellites for the PokerStars Cup that will guarantee ten seats to the event (the “freebuy” tournaments will feature $ 20 rebuys).

Other aspects of the PokerStars Championship Panama have been adjusted by Amaya Gaming and PokerStars to be more player-friendly. The exhausting 90-plus tournament schedule that was run at the PokerStars Championship Bahamas has been scaled down for Panama, going from the originally scheduled 56 tournaments (that will run from March 10-20 in Panama City at the Casino Sortis Hotel, Spa & Casino) to a more realistic 46 events. The High Roller events will get some special treatment in the form of a “shot clock” – a clock to enforce quicker action – for both the $ 25K High Roller and the $ 50K Super High Roller. Finally, for almost every tournament late registration will be allowed until after Level 8 of the tournament.

The PokerStars Championship Bahamas – the renamed PokerStars Caribbean Adventure, for all intents, for a brand-new tour that used to be the European Poker Tour – suffered a bit under its new auspices. The 92-tournament schedule over a nine-day period was deemed to be far too many by both the players and the staff. Additionally, the expanded payout system, which saw 20% of the field paid instead of the usual 10-15% (the World Series of Poker instituted a 15% payout system last summer), was something that players grumbled over. The total numbers that attended in the Bahamas suffered as a result.

For the $ 5000 PokerStars Championship Bahamas Main Event, a 738-player field was in attendance. While that may sound good for a $ 5000 tournament, this was actually a massive drop from the 928 players that showed up for the tournament just last year (a 20.5% drop in attendance, to be exact) and a far cry from the “glory days” of the PokerStars Caribbean Adventure, when 1529 players attended the 2010 PCA (won by Harrison Gimbel). Both High Roller events saw reductions in the number of players (121 with 38 rebuys in 2017 for the $ 25K High Roller versus 173 and 52 in 2016; 41 and 13 in the $ 50K Super High Roller in 2017 versus 44 and 14 just a year earlier), and side events were reportedly sparsely attended.

The first leg of the new tour was the “familiar” part of the schedule and the traditional Bahamas start wasn’t immediately viewed as a bellwether for the new PokerStars Championship. The true indicator of the potential success of the new tour was always going to be the Panama stop (and its next stop in the Asian gaming capital of Macau). With the changes that they have implemented, Amaya and PokerStars officials hope they have now created a tournament stop that will demonstrate the validity of their logic to change from the EPT (and their relevant national tours) to the PokerStars Championship with the true indicator – massive player numbers.

Poker News Daily



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