Party Poker Announces Pokerfest II

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Party Poker has revived the player favorite Pokerfest, the world’s biggest poker festival, and this time around the site has added $500,000 more to the prize pool. Pokerfest II features a $3.5 million guaranteed prize pool, including a $1 million main event and 47 online poker tournaments and side events. This time around, Pokerfest II also includes jackpot prizes like $14,000 WSOP 2012 packages, iPods and iPads, and $50,000 in cash.

PartyPoker’s Pokerfest II runs from April 22nd through May 6th, 2012, culminating in a million dollar guaranteed main event with a $640 direct buy-in and satellites starting at $1.

There are several different ways to qualify for Pokerfest II events, with different qualification structures depending on the Pokerfest II event buy-in cost. So there’s a $640 main event structure, and structures for events with buyins of $1060, $530, $215, $99, and $55.Then, within each structure, may be several different qualifier paths to victory, including $55 MEGA Friday Satellites and Qualifier Extras where 1 in 4 players win Pokerfest II main event seats.

Party Poker is also keeping three leaderboards totaling $50k in addition prizes for each of three buy-in and stakes ranges:
• points – $2,500 prize pool; 250 places paid; $250 to 1st place
• low – $15,000 prize pool; 500 places paid; $1,250 to 1st place
• high – $32,500 prize pool; 500 places paid; $2,500 to 1st place

There are also a bevy of Party Poker Pokerfest II side events, including Daily Dollar side events and Pokerfest II Jackpots.

Party Poker Hosts 2011 Pokerfest Online

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There’s a new online poker festival at Party Poker. Called Pokerfest Online it features a bevy of tournaments at a wide range of stakes with a $1 million main event and a total guaranteed prize pool for the entire series of $3 million.

Buy-ins for Pokerfest Online 2011 events range from $55 to $1,060 but players can win their seats in these events instead through a satellite series. Each tournament buy-in has its own series of satellites awarding seats worth that amount. Each satellite structure features low-cost daily qualifier tournaments leading into similarly inexpensive satellite tournaments that in turn awards tickets worth a particular amount into a Pokerfest Online 2011 event of the winner’s choice with that buy-in.

There are 47 events in all in PartyPoker’s Pokerfest Online 2011, with this inaugural incarnation of this new series taking place between October 23 and November 6.

There is also an assortment of Side Events in Pokerfest Online 2011. There is a prize draw for prizes like iPads and poker chip sets. You get a ticket into the drawing for every Pokerfest Online 2011 event you play in. There are two Daily Dollar Tournaments each day, at 1:45 pm ET and 4:00 pm ET, each with a $1 buy-in and each day with a new twist. And there are three Pokerfest Jackpots worth a total of $35,000: a $20,000 jackpot if you win three Pokerfest Online events, a $10,000 jackpot if you reach the final table in any 10 series events, and a $5,000 jackpot if you cash in any 10 series events.

PartyPoker Announces the Pokerfest

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Party PokerWhile 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.