Online players will have a new guaranteed prize pool tournament in the works. This was a new announcement by Full Tilt Poker last Friday. They will make every tournament on their schedule a guaranteed prize pool tournament, which is the first ever to happen in the industry of online poker. The new schedule, which started on February 26th, marks the start of the new tournament.
Full Tilt was very proud in saying that one guaranteed tournament will be launched every ten minutes every day. They say that there will be approximately 28-30 Rush tournaments in any poker room as this changes constantly, 10-15 re-entry tournaments as well as 6-8 multi-chance tournaments each day. These are remarkably exciting opportunities now being given to online poker players.
The head of marketing for Full Tilt, Sarne Lightman said,
Full Tilt Poker’s scheduled tournaments already offer round-the-clock action every day of the week with a wide range of buy-ins and guaranteed prize pools to choose from. The new schedule is another market offering our players the only fully guaranteed schedule of any online site.
Everyone is eligible to join since the weekly schedule shows that most of the new guaranteed tournaments have low buy-ins, though they also have low corresponding guaranteed winnings as well. There are tournaments with buy-ins that are as low as $1 + $0.10 and $2 + $0.20, which are quite common and have a guaranteed prize of $100 to $500. Some of these micro buy-in tournaments do have guaranteed prize pools, which constitute four figures. These are considered to be great opportunities for low stakes players to build a sizeable bankroll.
The Tyrannosaurus Rex tournament appears to be the one that has the largest daily guarantee. This starts at 15:00ET and has a guaranteed prize of $25,000 with a $150 + $13 buy-in. The tournament that runs on Sundays 13:30 ET has the absolutely largest guarantee, which is for $350,000 for the $200+$16. Only for the month of March, the total guaranteed prize pool will be more than $25 million dollars.
Apart from this surprise, Full Tilt Poker also announced their upcoming so-called “facelift” for their tournament lobby as well as two new yet-to-be-revealed “unique tournament formats.”
After Black Friday and the subsequent player funds scandal, Full Tilt has made a steady comeback despite the fact that they were forced to shut down for over a year after the heavy blow. When Rational Group purchased Full Tilt from their greatest rival, PokerStars, it was re-launched and has slowly made its way back up the ranks. Now, it is seated on the second spot in PokerSout.com’s cash game traffic rankings where they were totally removed from just a few years ago.