The increasingly aggressive and competitive PartyPoker has announced that it is to invest $10 million in a prize pool for a $25,000 buy-in World Millions High Roller event during the popular Caribbean Poker Party (CPP), scheduled for November this year in the Bahamas.
The event will be held in the same broad timeframe as the special Caribbean $25,000 buy-in PokerStars Players’ Championships, with PartyPoker’s Millions World taking place on November 9-12 and the PSPC launching less than two months later.
PartyPoker Live president John Duthie commented this week:
“There are many coveted titles in poker, from the EPT and WPT Grand Final titles, to WSOP and WSOPE Main Event and Players Championship bracelets, and not forgetting our own MILLIONS Grand Final crown.
“However, a $10,000,000 guaranteed, $25.5K buy-in tournament is just as important as any of those. We can’t wait to hand the trophy over to our first winner in November. Let’s hope it’s one of the 100+ online qualifiers partypoker will be sending, as that would be quite some story.”
PartyPoker’;s Caribbean Poker Party is in its third year and will take place at the new Baha Mar Resort…just a few miles away from the Atlantis, venue for PokerStars’s Players’ Championships which will have a similar multi-million dollar prize pool.
Like the rival PSPC, packages for the partypoker Millions World valued at $32,500 will be available through satellites, leaderboards and promotions yet to be announced.
In broadly related news, PartyPoker has also announced its new PartyPoker Live $$$ promotion, which allows players on the PP website site to use funds earned from satellites in other PartyPoker live events for buy-ins or travel and expenses.
The company describes the promo thus: “PPL$$$ has been created with players in mind to give players the ultimate in flexibility when it comes to buying into any partypoker LIVE event.
“This new currency gives players the opportunity to play in some of the biggest branded events in global poker, including Millions, sponsored World Series of Poker (WSOP) festivals and the ever-popular Grand Prix tournaments.”