Online poker companies to invest $130 million in two major tournaments.

By RP, August 20, 2018

The month of September will see a massive $130 million invested by Pokerstars and PartyPoker as they compete for players in two distinct major tournaments.

Pokerstars has announced that this year’s World Championship of Online Poker (WCOOP) set to run from September 2 to 17 will have $70 million in guaranteed prize pools, whilst PartyPoker has revealed that its Powerfest Online Poker Series scheduled for September 2 to 23 will sport prize pools covered by $60 million in guarantees.

With a wide range of buy-ins as usual, this year’s WCOOP competition will offer two main events, including a $55 buy-in tournament with a $1-million prize pool, and a second, $5,200 buy-in event with a $10-million guarantee.

The partypoker Powerfest Online Poker Series will offer a total of 670 events, again with a range of buy-ins to suit most players and going as high as $25,500.

PartyPoker is hoping that this ninth edition of Powerfest will be the largest and best attended competition yet. The provider has revealed that it will offer 20 championship events, with 15 of them sporting $1 million guaranteed prize pools, with the flagship a $25,500 buy-in Super High Roller competition carrying a $3 million guarantee.

Both companies has launched satellite entry programs enabling punters to win seats at major events for relatively small buy-ins.