Partypoker to Host Largest Online Poker Event Ever, $20 Million Guaranteed

3 min read

Partypoker will make a lucky — and skilled, of course — poker player’s holiday happy. The poker site that seems intent on making a grab for PokerStars’ dissipating glory is hosting a $20 million guaranteed tournament, making it the largest online event ever, from Nov. 25-Dec. 5.

Partypoker millions
Partypoker Millions, which starts on Nov. 25, will become the largest online poker event in history with $20 million guaranteed. (Image: Twitter)

This will be the second installment of the $5,300 buy-in Millions event. Last year’s winner, Jonathan “sordykrd” Van Fleet, took home $1.027 million.

But this year’s champion is going to receive much more. The 2017 version of this tournament guaranteed “only” a $10 million prize pool. That will be doubled to $20 million for the upcoming event.

How to Enter Cheaply

Mega satellites for the mega tournament begin November 25 and the Main Event runs December 1-4. You can win your way into the event for as little as $0.01, although the likelihood of working your way from the bottom to the top aren’t great.

If you don’t have the patience to grind through numerous satellites, you can buy directly into a $530 mega satellite where one in every 10 players earn a buy in to the $20 million tournament.

Satellites for the event have been running since September 23. There are eight daily satellites running leading up to the Millions tournament. You could conceivably go from $0.01 in one day to a $5,300 buy-in. But, again, that’s a difficult task. The odds of winning six consecutive satellites are low.

The first step, as mentioned, is a $0.01 tournament. If you win that, you move up to the $1.10 level. Advance again and then take on the $5.50 satellites. Win another one and move up to the $22 tournaments in hopes of advancing to a $109 satellite. If you’re still alive at this point, you only have to beat the $530 level to earn a seat.

Party Grab for PokerStars Dreams

Going from very little to a lot has been done before numerous times online.

Just ask Chris Moneymaker. The 2003 WSOP Main Event champion won a $10,000 seat for just $86 in a PokerStars satellite. He then parlayed that into $2.5 million, which is only a fraction of the money he’s earned from winning that tournament. With all the sponsorship deals he’s since received, that $86 investment sure was profitable.

You won’t become Chris Moneymaker famous for winning the Millions event, and likely won’t kick off the next poker boom. But you could become the winner of the biggest online poker tournament in history. Well, until PokerStars one-ups Partypoker and hosts an even bigger event.

The two competing poker sites always try to out-duel the other.



Related Posts

Did you know about our poker forum? Discuss all the latest poker news in the CardsChat forum

Popular Stories