While the PokerStars’ World Championship of Online Poker (WCOOP) is now over, the online poker world now shifts back to their normal daily grinds of playing which games and or tournaments that they would typically play. The next poker tournament series on the schedule would typically be the Full Tilt Poker Online Poker Series (FTOPS), but with the fallout of Full Tilt, that event will be no more. This is where PartyPoker has decided to come into play, and has decided to start its own online poker series, called Pokerfest; which will kick off at the end of October.
Pokerfest is an event that will feature 47 events, and give away over $3 million in guarantees. It will run from the 23rd of October, all the way through the 6th of November. The Pokerfest has decided to go a different route than just offering huge events, as there will typically be three events each day; with the buy-ins offered appealing to multiple different levels of players. The first events will feature buy-ins based around Party Points (the loyalty program on PartyPoker), the other events will be between $6 and $33 for mid stakes players, and then the high stakes tournaments will be between $55 and $1,060 to enter.
There will be multiple different satellites offered into the events that have buy-in’s larger than $55, and these satellites will start as low as $1. Some of the events that caught our eye right off the bat are Event #1, a $215 NLH $300k guarantee, Event #23, a $215 NLH $350k guarantee, Event #46, a $33 $50k guarantee, and Event #47, a $640, NLH Championship Event with $1 million guaranteed in the prize pool.
There will also be leaderboards which will pay out prizes for how well you do during the events, with a $500 first place prize going to the low buy-in events, a $2,500 prize going to the mid sized buy-in events, and a $5,000 prize going to the higher buy-in event winner. To top that off, PartyPoker has decided to give $20k to the person who is able to win three Pokerfest events, $10k to the person who final tables 10 events, and $5k to the person who cashes ten times throughout all of the events. There will also be random giveaways for iPads, different chip sets, and also different merchandise and prizes from PartyPoker.