Full Tilt Plans ONYX Cup Big Buy-in Elite Tournament Series

Although detailed information were not introduced, Full Tilt Poker announced its intention to run a large buy-in tournament series designed to hole poker's elite versus one another Wednesday.

The ONYX Cup Collection will characteristic six No-Limit Hold'em situations with buy-ins starting from $100,000 in order to $300,000 inside locations through the United States, Europe and Asia.

The string will culminate with a $250,000 buy-in Great Finale with $1 million put into the reward pool and feature a points-based season-long head board, your winner that will be crowned Black onyx Cup success and be handed the secrets to a luxury fancy car.

Full Point estimates the entire prize pool across most six activities will attain the $30 million level.

The events will be filmed for send out in 20 languages throughout 40 distinct countries and are expected to appeal to the best of the very best.

"It's not just about the bucks in this event," explained Phil Ivey. "It's more about taking part in against the caliber of players we'll become up against, actively playing against the finest players.

"There's destined to be a lot of delight that comes with winning this type of function."

On the internet qualifying to the ONYX Cup Series will run exclusively on Full Tilt starting March 15.

The first celebration is scheduled for May possibly 11 along with 12 in Las Vegas with details about times and other particular locations forthcoming.

"There's never been a competition series such as this, where it is simply the top notch of the professional," said Erik Seidel. "It's going to get everyonerrrs blood going."