On Saturday, November 1st, players on PartyPoker will be in for quite a treat. The season of gift-giving will be coming just a little earlier for its members, who will have a chance to take home a portion of an estimated $1.9 million prize pool slated to be given out to 10,000 players. It’s called “The Big Deal” and has been an integral part of the online poker room’s promotional offering since the end of September.
Over the course of the Big Deal promotion, PartyPoker has been awarding $10,000 in cash every day to 100 winners. Each took home a prize that has varied between $25 and $500. For every single PartyPoint players have accumulated during the promotion, they also racked up one entry into the next day’s drawing as well as one ticket into Saturday’s grand prize giveaway. The only hitch is that players are not automatically registered for the cash drawings; each person must actually opt in on their own.
Saturday’s prize giveaways are expected to total $1.9 million. The prize pool actually began at $1 million and increased by $0.01 for every raked hand played on PartyPoker between midnight on September 29th and 11:59pm on Halloween (October 31st). That’s a lot of raked hands.
The payout structure on Saturday will be as follows. Each number is expressed as a percentage of the total actual prize pool:
1st Position: 10.000%
2nd Position: 5.000%
3rd Position: 2.500%
4th Position: 1.500%
5th Position: 1.000%
6th Position: 0.600%
7th Position: 0.500%
8th Position: 0.350%
9th Position: 0.200%
10th Position: 0.100%
11-50th Positions: 0.075%
51-100th Positions: 0.060%
101-250 Positions: 0.040%
251-500th Positions: 0.025%
501-1000th Positions: 0.015%
1,001-5,000th Positions: 0.0075%
5,001-10,000th Positions: 0.0045%
The drawing is scheduled to take place at 1:00am ET on Saturday, or just as most of Europe is waking up. The results are not scheduled to be available on the online poker room’s website until November 3rd, but will be available in the client after the drawing is held. For 10,000 PartyPoker members, the month of November will have gotten off to a very profitable start.
Recent winners of $500, the top prize in the Daily Jackpot, have included JohanII, ryuunookane, and PSULTANUM. Players on the site have taken advantage of its brand new software in order to rack up their hard-earned Party Points. The lobby includes a Quick Seat feature, enabling players to hop into a game with ease, as well as a table preview feature. Once players have hit the virtual felts, the new and improved tables include the addition of avatars and ability to open similar tables to the ones you’re currently playing.
In addition, PartyPoker is gearing up for the King of the Table tournament, a $640 buy-in event that begins at 12:45pm ET on Sunday, November 30th. The largest tournament ever held on PartyPoker’s felts, the King of the Table has an extensive qualifier schedule in place. For as little as $1, players can earn their seats into the tournament, which is expected to award over $300,000 to its winner. The King of the Table is larger than the weekly guarantee tournaments held on any other major online poker site.
PartyPoker does not accept players from the United States. Prior to the passage of the Unlawful Internet Gambling Enforcement Act in the United States, it was the largest online poker site in the world and promoting its Monster freeroll tournament series. PartyPoker’s parent company, Party Gaming, is traded on the London Stock Exchange under the symbol “PRTY.”
