By Nathan Carroll, Rakeback.com Poker News Staff Writer
Just as the rumors predicted, Full Tilt Poker dropped a game-changing announcement on the world of tournament poker today when they unveiled a brand new live tournament series called the ONYX Cup. It will span three continents, feature six-figure buy-ins, and be broadcast in more than 20 languages and 40 countries. The Cup was announced in a nine-minute video featuring a Q&A with five Full Tilt Pros, including Phil Ivey and Tom Dwan and hosted by Ali Nejad.
The series consists of six different events held in the U.S., Europe and Asia. The first five will have buy-ins ranging from $100K to $300K and the grand finale will sport a buy-in of $250K. The finale will also have $1 million added to the prize pool. The estimated prize pool for all events combined is more than $30 million.
In addition to huge cash prizes, the top three finishers in each tournament will receive leader board points and the overall series winner be awarded the first ever ONYX Cup trophy and a luxury sports car.
Although events will be open to the general public, Full Tilt Poker is clearly trying to position the ONYX Cup as one of the most prestigious poker series in the world. As Team Full Tilt pro and Poker Hall of Fame member Erik Seidel explains, "There's never been a series of tournaments like this, where it's just the elite of the elite."
The first ONYX Cup event will be held in Las Vegas on May 11 and 12. You can qualify exclusively on Full Tilt Poker starting March 15. Just know that you'll be up against some tough competition; even Gus Hansen is scared. He commented, "It's pretty obvious that Phil Ivey is number one, so I'm looking for second."
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