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PokerStars Jumping for Joy Over PSPC Returns gambling statis

edit:casino time:2019-01-10

We don’t normally see anything close to these attendance numbers in an event that is so expensive (obviously, given that it wrecked a 12-year old record), but the added prize money by way of free entries – entries whose monetary value was still kept in the prize pool – created significant gravity.

R018.html">PokerStars Jumping for Joy Over PSPC Returns 9th January 2019 // News, Poker Tournaments

The PokerStars Players No-Limit Hold’em Championship (PSPC) has been hyped for over a year. The online poker behemoth said it would be the richest $25,000 event in live poker history. Prize packages for the event in the Bahamas, part of the long-running PokerStars Caribbean Adventure (PCA), have been given out like Halloween candy, awarded at both live and online PokerStars tournaments. The Stars Group CEO, Rafi Ashkenazi said, “We expect the PokerStars Players Championship will set the new global standard for live poker tournaments.”

A total of 181 players will be making the money in the PSPC and with only 207 remaining after the tournament’s second day, Day 3 will be tense as the money bubble looms. The min-cash is pretty lean, just $25,450 all the way up to 152nd place, so one would expect a rash of bust-outs once the field makes the money as shorter stacks throw caution to the wind to try to double-up and larger stacks try to take advantage.

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The PSPC began over the weekend and it looks like PokerStars had all of its wishes come true. At the end of Day 1, more than a thousand players – 1,014 to be exact – entered the $25,000 buy-in tournament. That is easily the biggest tournament for a $25,000 event, demolishing the record of 639 seat by the 2007 World Poker Tour Championship.

Photo credit: PokerStars.com / Neil Stoddart

To put it in monetary perspective, PokerStars handed out $8 million worth of entries into the tournament. Even assuming a solid number of the players who acquired the Platinum Passes would have still bought in without the prize, PokerStars was still priming the pump with millions of dollars. And that doesn’t count whatever else was spent in marketing.

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