World's Largest prize for Online Poker Tournament.
Ongame Network has announced the arrival of the Ongame Network Poker Classic, which offers a prize pool of $5 million and a guaranteed $1 million for the winner.
Although the tournament will eventually lead to a 45 player final in Barcelona, this is still the largest ever prize funds offered to a poker tournament, all of which started out online.
Play starts on Monday, March 27th and players will move through various levels with the initial buy-in costing just $1. To compete in the tournament players need to register an account with one of the Network's operators.
Patrick Selin, President of Ongame, said, 'We are truly excited to be launching this Poker Classic tournament which we believe marks a milestone in the development of online poker. The guaranteed size of the prize pool available makes it an opportunity no true online poker fan can miss - and I'm sure beginners will be tempted to try their luck too.'