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March 24, 2006

$5 Million Online Poker Tournament

Topa-1 Newly acquired by the Austrian public company Bet and Win, the Ongame Network including poker sites such as Pokerroom.com has wasted no time in launching The Ongame Network Poker Classic, a tournament with a record-breaking guaranteed prize pool of $5 million and at least $1 million for the final winner.

Whilst the prize pool is dwarfed by events such as the WSOP (this year's prize pool will be $70 million) Ongame claims that it will be the largest-ever guaranteed prize for an event that starts online. The Ongame Classic is an exclusive event where the online poker players can only enter through qualifying rounds held on Ongame Network operators' websites, such as Pokerroom.com.

The new tournament will start as an online event and then pause when there are 45 players left. Those 45 will then receive airplane tickets to Barcelona, Spain, for the live final to battle it out on the green felt face to face - continuing with the same chip stacks they had when the online tournament paused.

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Posted by Jay Brewer at March 24, 2006 12:48 PM

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