PartyPoker Million V

Considered by many to be the best online tournament out there, the PartyPoker Million(PPM) tournaments have not only set a standard for online tournaments but for land-based (or ocean based?) tournaments also.

The PPM tournament takes place once a year and is always fixed limit texas holdem. Although the satellites and qualifiers take place online, the main tournament is live aboard a luxury cruise ship.

The PPM tournaments have a history of attracting big-time professionals as well. The winner of the PPM I was Kathy Liebert, who added $1 million to her lifetime winnings. PPM II's winner was Howard "The Professor" Lederer and PPM III's winner was Erick Lindgren, who also took home a cool mil. The winner of the last PPM V was not a professional though. He was 22 year-old Mike Schneider, a young "soft-spoken boy" from Minnesota.

The methods of winning your way into this monumental tournament include subqualifiers as low as $5+$1 and up to $675+$40 for a 20-person max tournament or a $250+$20 multi-table semi-final. Although the prize for winning a seat is $13,500, that includes the cost of riding on a luxury cruiser for a week, so only $10,200 of it has to go into the massive prize pool. :)

Another great feature of PartyPoker is their step tournaments, which gives consistently good players a better chance for their shot in the main event. During the last Party Poker Million tournament, the Step Tournaments had the following structure...

Step 1 - (direct buy-in for $11+$1)
  1st place - Advance to Step 2
  2nd thru 5th - Try Step 1 again for free
  6th - Drop out of the steps with a $7 consolation prize
  7th thru 10th - Drop out of the steps

Step 2 - (direct buy-in for $50+$5)
  1st and 2nd place - Advance to Step 3
  3rd thru 7th place - Go back to Step 1
  8th - Drop of of the steps with a $10 consolation prize
  9th and 10th - Drop out of the steps

Step 3 - (direct buy-in for $200+$15)
  1st thru 3rd - Advance to Step 4
  4th - Try Step 3 again for free
  5th thru 7th - Go back to Step 2
  8th - Go back to Step 1
  9th - Drop out of the steps with a $3 consolation prize
  10th - Drop out of the steps

Step 4 - (direct buy-in for $500+$35)
  1st and 2nd - Advance to Step 5
  3rd - Try Step 4 again for free
  4th through 6th - Go back to Step 3
  7th - Go back to Step 1
  8th - Drop out of the steps with an $8 consolation prize
  9th and 10th - Drop out of the steps

Step 5 - (direct buy-in for $1800+$100)
  1st - PPM V Prize Package!
  2nd and 3rd - Try Step 5 again for free
  4th - Go back to Step 4
  5th thru 7th - Go back to Step 2
  8th thru 10th - Drop out of the steps

For more information about the PartyPoker Million tournament and cruise visit their website at PartyPoker. Hope to see you there!

Best Current Offers

Connect with THP