$100 Million in Guaranteed Prize Money Up For Grabs in This Series

Published on June 12th, 2020 9:46 pm EST

There is a void in the heart of many poker players and fans this summer, as the World Series of Poker in Las Vegas was postponed until later in the year.

In order to help fill this hole, the World Poker Tour and partypoker have teamed up to host the massive WPT World Online Championships this summer.

The series, which will feature total guaranteed prize money of $100 million, will run from July 17th until September 8th.

The series is looking to "replicate an authentic live poker experience", which will mean:

1. Single re-entry for all No Limit Hold'em Championship events
2. Limited late registration
3. Maximum of 2 starting flights for all Championship events

In addition, the real names of all of the players in the tournament will be displayed to the world.

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There will be a total of 12 Championships Events, of which five will be Champions Club events, which means that the winners will automatically earn a spot in the WPT Tournament of Champions.

All of the Championship events (that aren't also Champions Club events) will be split into three levels - main, mini and micro. Buy-ins will start as low as $33 and work up from there.

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There will be numerous events with guarantees of $1 million or more, including two separate events that will feature guaranteed prize money of $10 million.

The first event is the WPT World Championship main event ($10,300) which will get underway on Saturday, August 29th and have two opening day flights.

The second event is the WPT World Championship High Roller event ($25,500) which will get underway on Saturday, September 5th and have two opening day flights as well.

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COVID-19 has changed the world, and it has also had a profound impact on the poker tournament scene.

Given the strong numbers posted by the tournament series that have been moved online over the past couple of months, I think that events like the "WPT World Online Championships" will continue into the future, even if "live poker" starts to return to normal. The fields are much bigger, the costs to host the events are much lower and there is more profit to be made.

Source: partypokerlive.com - WPT World Online Championships Schedule

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Filed Under: Other Poker News