In this special tournament, one in every ten players wins a fixed prize of $1000 in tournament dollars. All players will have to do is survive the bubble stage and that’s it.
The buy-in is set at $100+$9 and three players are guaranteed to win $1000 each no matter the turnout. It is scheduled to run on May 8 at 20:30 EDT and is available only to New Jersey players. It is not currently listed on BetMGM Pennsylvania nor BetMGM MI, where the network recently launched segregated poker rooms recently.
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The tournament plays exactly like a satellite except that instead of winning a seat to a specific tournament, players will get tournament dollars instead. These tournament dollars can be used to buy in any tournament including satellites and qualifiers.
Unlike a regular tournament, there are no ladder payouts, instead, an identical prize will be given to all players who reach in the money.
This means that players will have to play a bit differently than they normally do. They will have to take ICM (Independent Chip Model) considerations, make adjustments towards the bubble period and make mathematically justified decisions.
Bubble period could become tricky as players are likely to play tight, though some could take advantage of this and play aggressively.
One in ten players means that 10% of the field will win a fixed prize. For instance, if the tournament gets a turnout of 125 entries, 12 players will win $1000 in tournament dollars.
The remaining prize pool accounting for five entries that is not an integer multiple of the prize value will be shared accordingly—the info for which will be released once the late registration has ended.
Late registration for this tournament is not too long, ending on level 10, with each level lasting eight minutes long. Players will receive 5000 starting stack and they will be able to re-enter as many times they would like to. Each table will have a maximum of eight players.
The tournament will need to attract at least 30 entries to cover the guarantee but that is very likely to be met. Still, players with better skills or those with experience of satellites are likely to succeed in this special one-off tournament.
Those looking to qualify without having to spend much can do so with two qualifiers scheduled to run ahead of the start of the event. These cost $5 and $20 to enter.
The tournament has been scheduled as a one-off event but if proved successful, it could become a part of the weekly tournament schedule.
There will be plenty of other tournaments too on offer along with the Survivor tournament including the Daily $10,000 guaranteed NLH, also costing $109 to enter. For players with small bankrolls, they will find plenty of options too for price points of $5 to $10.
BetMGM NJ and Borgata Online that shares its player pool with partypoker NJ—both sites are exclusively running a promotion for its players giving away $50 in bonus cash. All players have to do is opt-in before the promotion ends i.e., May 8 and they will receive $50 in Fast Cash to their account.
The Fast Cash can be released by playing real money poker over the next 15 days, at the rate of $5 per 100 iRPs earned. Note that the promotion is only available to BetMGM NJ players.
If you have your account on partypoker NJ, then there is good news for you as well as the operator is offering a special Deposit Bonus matching 100% up to $200. To take advantage of this offer, players will have to make a deposit of at least $10 using the code
DEPOSITMATCH100UPTO200PJ and play real money poker.
Bonus will be released in slabs of 10% of the deposit amount. For instance, a player deposits $30, they will receive up to ten slabs of $3 each. To release the $3 bonus, they will have to earn six times iRPS meaning they would have to generate 18 iRPS.
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