The buy-in for the 2012 Asian Poker Tour has been set at $1,000,000 HKD which is equivalent to about USD$129,000. This is a record sum for the poker tourneys in Asia, as most events feature million dollar prizes and not buy-ins. What’s more, Tom Dwan and Phil Ivey have both confirmed that they will be participating in this APT event.
The Asian Poker Tour is one of the world’s most famous poker tournaments and is reputed to be the most important poker tournament in Asia. This year, the Asian Poker Tour or APT will take place in Manila and its $1,000,000 HKD buy-in makes this event the largest poker tournament buy-in to be hosted on the continent. The event will be titled the Manila Millions and will be held at Resorts World Manila Genting Club.
The Asian Poker Tour will commence on the 19th of April and continue on till the 25th of the month. The high roller buy-in tournament is scheduled to take place on the 20th of April. There will also be a main event with a USD $2,700 buy-in.
In addition to Ivey, who has won 8 WSOP bracelets and one WPT championship and Dwan, who is known for his high stakes Durrrr Challenges, several other top poker professionals have also confirmed their participation. Tournament officials expect at least 25 to around 30 poker players to participate in the big-buy in event.
Reported by Jeff Mann, who heads the Asian Poker Tour (ATP) as CEO, “The APT and Resorts World Manila are going to make history again by hosting the largest super high roller tournament. A buy-in of this importance will put the Philippines on the map and the APT is excited to be teaming up with Resorts World Manila to make it all achievable.”