Are you ready, PokerStars players? I mean, are you REALLY ready? Please get ready. Ready yourselves. PokerStars has launched Omaha Spin & Go games. Omaha! Peyton Manning loves it!
“Omaha is a highly enjoyable poker variant and was quite high up on our players’ request list to deliver it as a Spin & Go,” said Severin Rasset, Director of Poker Operations and Innovation, in a press release. “So we’re really pleased to be able to do this and hope that it will be as popular in this format as it is in our cash games.”
Oh yeah, it will.
For the eight of you who don’t know what a Spin & Go is, it is PokerStars’ version of what is commonly referred to as a “lottery” Sit-and-Go. They are three-handed, hyper-turbo Sit-and-Go’s in which the player start with just 500 chips. Needless to say, they go quite fast.
What makes them very unique, though, is that the players do not know what the prize pool is going to be until all three players are seated. Instead, the prize pool is selected randomly and can be from twice (the most common) to 12,000 times (ultra-rare) the player’s buy-in. About 90 percent of the time, the prize pool will be either two or four times the buy-in.
Of the eight prize tiers, the bottom five are winner-take-all. Second and third place receive nothing. The top three prize tiers, which have miniscule odds to hit, award ten percent of the prize pool to each of the second and third place finishers so there will be less dog-kicking in the losers’ households.
To celebrate the launch of Omaha Spin & Go’s, PokerStars is running special $5 Omaha Spin & Go’s in which players can win tickets to one or all of the Spring Championship of Online Poker (SCOOP) Pot-Limit Omaha Event #5. Here are the possible prizes and their probabilities:
$10 – 83,808 in 100,000
$27 SCOOP Event #5 PLO Low Seat – 15,685 in 100,000
$215 SCOOP Event #5 PLO Medium Seat – 502 in 100,000
$2,100 SCOOP Event #5 PLO High Seat – 5 in 100,000
Players who win more than one $27 SCOOP entry will have the excess tickets converted into regular $27 SCOOP entries, usable in any SCOOP event or satellite. The first entry a player wins for the Medium or High events must be used by that player – they are non-transferrable. If the odds are forever in your favor and you win more than one of those tickets, they will be converted to normal tournament dollars.
Regular Omaha Spin & Go’s will be a $1, $3, $7, and $15 buy-in levels.
So there you go.
Oh wait, Team PokerStars Pro Lex Veldhuis said something in the press release.
“Omaha is just perfect for Spin & Go. There will be a lot of action because you can play so many hands, but it’s also really hard to knock people out in PLO. This will make for some very intense situations when the multipliers get high. I can’t wait to try them.”