The World Series Of Poker is doing something unprecedented this summer, in the announcement of an upcoming tournament this week with a $1 million buy-in this July.

Last week, the World Series of Poker announced a $1 million buy-in tournament to benefit One Drop, an initiative started by Guy Laliberte that focuses on providing access to clean water worldwide. LONDON (Reuters) – A poker tournament featuring a 1 million pound ($1.2 million) buy-in – a record according to organizers – started in London on Thursday, with 54 players from around the world competing for the 19 million pound first prize. Eleven players will walk away with winnings and the remaining 43 will lose their. LAS VEGAS - A never-before-seen $1 million buy-in tournament at the World Series of Poker this year will generate the richest top prize in poker history at more than $12 million - and potentially.

The game will generate the richest top prize in poker history at more than $12 million … and potentially more if additional players get in.

Officials for WSOP announced plans on Thursday (April 12), and revealed that 30 players are committed to participate in the “Big One for One Drop”, which takes place on July 1 through July 3 at Las Vegas’ Rio Hotel & Casino.

With 30 players, the total top prize would be $12.3 million, more than the $12 million Jamie Gold won in 2006 for beating more than 8,700 players at no-limit Texas Hold ’em in the $10,000 buy-in main event.

“It is an exciting moment and it is wonderful to see the poker community’s generosity, where organizations, players and fans are all coming together to support One Drop,” said One Drop chair and Cirque du Soleil founder Guy Laliberté. “Whether entering the BIG ONE for ONE DROP, becoming a poker ambassador, making a donation, or simply changing their water consumption habits, everyone can get involved and everyone should be concerned, because a child dies every 20 seconds from a water related disease and that together we can beat the odds.”

Additionally, the winner will get a specially-designed platinum bracelet.

Eight-time gold bracelet winner Erik Seidel is on board, along with several wealthy businessmen. In all, there are just 10 pros commited to playing so far.

Laliberte organized the tournament with WSOP officials to raise money for One Drop, a non-governmental organization he founded that pushes for access to water in poor countries. Roughly 11% goes to the charity.

ESPN will air the final table of the tourney. For more info, visit WSOP.com.

888 Poker has announced God of the Arena, a $1 million guaranteed tournament with a $55.00 buy-in. The site is giving away 100 seats every day to promote it.

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888 Poker has announced plans to host a $1 million guaranteed tournament with a $55.00 buy-in on Sunday 14th October. Incredibly, the site is also giving away 100 seats to the tournament every day in order to promote its God of the Arena tournament series and its progressive knockout tournaments.

If, in the past, you have sometimes been confused by 888 Poker´s promotions, you ain´t seen nothing yet. The site´s latest promotion – the “God of the Arena” tournament series – is being promoted as a series of progressive knockout tournaments with a $1 million guaranteed Main Event. However, none of the events in the tournament series have a progressive knockout format, even though that is where you will find them in the 888 Poker lobby.

So, ignoring the non-existent knockout element, what is this promotion all about? Well, from Thursday 11th October to Sunday 14th October, 888 Poker will be running a God of the Arena tournament series. The series consists of twelve events (four each evening) with buy-ins starting from $5.50, and a total guaranteed prize pool of $1,340,000 – most of which is accounted for by the $1 million guaranteed Main Event on Sunday 14th October at 8:00pm (all times GMT).

About the God of the Arena Main Event

The God of the Arena Main Event has a direct buy-in of just $55.00 and players are allowed up to five re-entries before the end of the three-hour late registration period. Players start with 10,000 chips and blinds of 25/50 (ante 5), and levels change every fifteen minutes. By the end of the late registration period, players buying-in or re-entering at the last minute will be faced with blinds of 800/1,600 (ante 200) – so the starting stack will be worth about six Big Blinds.

The late start and extended registration period is unlikely to deter many players from taking part in this event – even though it will be 1:00am on Monday morning in Europe before the end of late registration. The $1 million guarantee is expected to attract thousands of players from all over the world, especially as 888 poker is running a satellite program with an entry level of just $0.10 and giving away a hundred seats every day in free-to-enter qualifiers.

How to Win Your Main Event Seat for Free

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To support the $1 million tournament, 888 Poker is running a free-to-enter “God of the Arena ME Qualifier” every evening. In order to be eligible for the qualifier, players have complete a “Daily Knockout Challenge” which consists of knocking out two players from an MTT or Sit & Go game. BLAST games and Heads-Up games are excluded from the promotion; but, provided the buy-in for any other game in which you knock out two players is $1.00 or more, you will be awarded a seat for the qualifier.

The qualifier takes place at 10:00pm each evening and is played in Super Turbo format with blinds increasing every three minutes. Players start with 3,000 and blinds of 15/30 (ante 3); and, if you are knocked out during the early levels, there are no opportunities to re-enter or re-buy. This is a freezeout tournament which doesn´t even have a late registration period – giving every player at the start of the qualifier an equal chance to win one of the hundred Main Event seats up for grabs.

Why it is a Good Idea to Qualify Ahead of the Event

It is important to note that the entry cap for the God of the Arena Main Event is just 18,000 players. Although it may be tempting to think the tournament would never attract that number of players, there are around 2,500 seats being given away for free, hundreds more seats available through low buy-in satellites, and who is not going to turn down the chance of winning a share of $1 million for a buy-in of just $55.00? With more than three weeks to go until the God of the Arena Main Event, more than 1,600 players have already registered.

Therefore, we strongly recommend players who want to take part in the God of the Arena Main Event qualify for the tournament well in advance. As this promotion is only available to players who have made a real money deposit with 888 Poker, we also recommend making a deposit if you have not done so already. Finally, if you are not yet playing at 888 Poker, we recommend visiting the site from the link in our [geolink href=”https://www.pokernewsreport.com/888-poker”]888 review[/geolink] in order to be eligible for a 100% match bonus on your first deposit up to $600 (the normal limit is $400).

Have fun knocking players out, qualifying for the God of the Arena Main Event for free, and winning your share of the $1 million guaranteed prize pool!

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