Full Tilt Poker announce Onyx Cup
Full Tilt Poker have unveiled a new series of tournaments called the Onyx Cup.
There will be six events in total, with buy-ins ranging from $100,000 to $300,000. Five preliminary events will be followed by a $250,000 Grand Finale with $1 million added, meaning that the total prize pool for the entire series could top $30 million.
Players finishing in the top three positions in each event will gain leaderboard points, with the overall winner at the end of the series crowned the Onyx Cup champion and presented with the Onyx Cup and a luxury sports car.
Reacting to the announcement, Full Tilt Pro Phil Ivey said: "It's not just about the money in this event. It's more about playing with the calibre of players that we're going to be up against - playing against the best players. A lot of these guys here at the table are my friends and we're friendly but we're also super competitive against each other.”