Online gambling company stages $2.5 million tournament
Online gambling giant, Titan Poker, is to hold the European Championship of Online Poker (ECOOP) at the end of 2007. The massive $2.5 million in guaranteed prizes will make the ECOOP tournament series the biggest online event this winter.
The tournament will kick off at the end of November and will run for ten consecutive days. Each day, Titan Poker will stage one massive cash giveaway during the ten-day tournament series, culminating in the $1,000,000 Main Event on the 9th of December.
As well as the cash prizes on offer, the winners of each event will receive a special ECOOP bracelet, similar to the bracelets awarded at the World Series of Poker. As an extra bonus, the top 50 players of the entire event will be entered into a $50,000 Freeroll, to be staged the day after the Main Event.
Players can buy-in directly to the ECOOP or qualify through ongoing sit 'n' go tournaments and multi-table satellites. Buy-ins to the qualifiers start at just $2 + $0.20, so Titan Poker players could potentially win a share of $2,500,000 for an investment of less than three dollars.
The Titan Poker website currently guarantees upward of $6 million in monthly tournament prizes. There are daily, weekly, and monthly massive cash prizes as well as the Titan Poker's special jackpot sit 'n' go tournaments with progressive prizes and jackpots as high as $100,000 to attract players.
Currently the Titan Poker World Challenge is under way, which sees fifty players competing for the top prize of a Porsche Cayman S sports car, or a share of a $50,000 prize pool.