Party Poker has scheduled a 140-event tournament series for the end of October, with micro and mid-range buy-ins, and guaranteeing $5 million in prize money.
Just over a week ago, Party Poker concluded its biggest ever PowerFest series by paying out more than $5 million in a single day. However, with prize money of that scale on offer, the buy-ins for the final events were substantial, and buying into them directly was not an option for players who failed to qualify via Party Poker´s extensive satellite schedule.
Now the site has announced an additional poker tournament series – the Party Poker Monster Series – comprising of events with micro- and mid-level buy-ins. The 140-event tournaments series will run from Saturday October 21st until Tuesday October 31st and will have $5 million up for grabs in prize money – including $1 million in the mid-level Monster Main Event on Sunday 29th October.
The Monster Series in More Detail
The Monster Series schedule is typical of a Party Poker tournament series. There is a good mix of formats that includes four phased tournaments and fourteen PLO events. Buy-ins start for the micro-level events at just $1.10, and are ten times higher for the mid-level events – each pair of tournaments running simultaneously to give players the opportunity to play in both events.
Until the clocks go back on the morning of 29th October, the tournaments start in pairs at two hour intervals between midday and midnight (all times GMT). Thereafter, the tournaments start in pairs almost every hour (from 11.00am on the 29th, and from 3:00pm on 30th and 31st) – guaranteeing there will be something for everyone throughout most of the European afternoon and evening.
The guarantee-to-buy-in ratio is pretty generous, especially for the micro buy-in events. Most micro buy-in events have guarantees in excess of 2,000x the buy-in, and the two micro phased tournaments will need to attract 50,000 entries in order to break even. The guarantees for the mid-level tournaments are not to be sniffed at either. These are mostly in excess of 1,000x the buy-in, and each of the two mid-level phased tournaments will only beat their guarantees of they attract more than 15,000 entries.
The two Main Events take place simultaneously at 6:00pm on Sunday 29th October. The micro buy-in Main Event has a healthy $300,000 guarantee for its $22.00 buy-in, but the one everybody will be aiming for is the $1 million guaranteed mid-level Main Event. This feature event has a direct buy-in of just $215.00, is supported by a comprehensive satellite schedule, and players can win their seats for free via the Party Poker Monster Rake Race Promotion.
The Party Poker Monster Rake Race Promotion
The Party Poker Monster Rake Race promotion offers an excellent opportunity for players of all bankrolls to win cash prizes and tournament entry tickets for events in the Monster Series. The promotion is exclusively available to players of Party Poker´s fast-fold fastforward game, and is spilt into three stake levels:
- Micro-Stakes Level: $0.02/$0.05 and $0.05/$0.10 games.
- Mid-Stakes Level: $0.10/$0.25 and $0.25/$0.50 games.
- High-Stakes Level: $0.50/$1.00 and upwards games.
During the promotion, players will be awarded points for the contribution they make to the rake. The points accumulate on a leaderboard (there is one leaderboard for each level) and at the end of the promotion, the top 100 players in the Micro-Stakes and Mid-Stakes levels will share in $50,000 worth of cash prizes and tournament entry tickets, while the top 50 players in the High-Stakes level have cash prizes up for grabs totalling another $50,000.
Please note: the Micro-Stakes and Mid-Stakes promotion takes place from Thursday 12th October to Sunday 22nd October, and the High-Stakes promotion takes place from Saturday 21st October to Tuesday 31st October. The minimum prize players will win is $50 in cash and a $22.00 Monster Series tournament ticket, while the winner of the High-Stakes level will collect $10,000 in cash. This is a promotion well worth taking part in even if you do not like playing in tournaments.
The only qualification criteria for participating in the Monster Rake Race promotion is that you are a player at Party Poker who has made a real money deposit into your account. If you have yet to fund your account, make sure you use the Party Poker bonus code “PRMBONUS” in order to qualify for a 100% bonus on your first deposit up to $500 (€325/£250) and have ninety days to clear the bonus – plenty enough time if you plan on taking part in the Monster Rake Race promotion at Party Poker.