Continuing the series’ impressive rate of growth, PartyPoker’s upcoming “PowerFest” tournament series will pay out $35 million in guaranteed prize pools.
The latest PowerFest series kicks off on September 3 and runs through September 24, with nonstop tournament action spanning 330 events over three weeks.
Originally known as “PokerFest,” the first incarnation of this series was held in February of last year and offered $5 million in guarantees. That number rose to $7.8 million by the following May, and $10 million by September.
This January saw PartyPoker up the ante to $11 million in guarantees, while $20 million was awarded in the most recent PowerFest in May.
But that lofty total has nearly been doubled for this month’s festivities, a fact which PartyPoker managing director Tom Waters proudly trumpeted in a press release:
“Powerfest just keeps getting bigger and better so this time it was only right to increase the guaranteed prizepool again to $35,000,000.
I hope that the players like the changes that we have made and continue to support us. The new championship events were added to give a little prestige to the headline tournaments and each of the winners will receive a trophy.
Starting with a buy-in of $11, everyone has the opportunity to be crowned a PowerFest champion.”
As Waters alluded to, the PowerFest schedule spans the spectrum from low-stakes buy-ins of $5.50 to the $25,500 entry fee for the Super High Roller. Last year’s Super High Roller came at the same cost, drawing 129 entries to exceed the $3 million guarantee.
This time around, PartyPoker has maintained the same prize pool of at least $3 million for the Super High Roller.
The schedule also includes 12 of PowerFest’s famed Championship-level events, and 10 of those offer guaranteed prize pools of at least $1 million each.
The first Championship event, a $1,050 buy-in No-Limit Hold’em tournament with $1 million guaranteed, begins on Sunday, September 10. From there, Championship events alternate between Tuesdays and Sundays throughout the series.
And for players working with less than a high-roller bankroll, PartyPoker has outfitted many of these major tournaments with its “Phase” structure – which allows for qualification through Phase 1 starting flights ahead of Day 1 action. The debut Championship event offers Phase 1 buy-ins at just $109, while others priced at $5,200 can be phased into for $530.
The smallest buy-in for a Championship event is just $11 – with a $50,000 guaranteed prize pool and $10,000 guaranteed for first-place – while other top-tier tournaments can be accessed for $55 and $215.
In a press release announcing the schedule release, PartyPoker ambassador Patrick Leonard let his peers know that the site is actively seeking input from players as it seeks to improve PowerFest:
“I remember playing Powerfest at the start of the year and it was great to play some ‘pure’ poker. No gimmicks, just good structured tournaments.
I got an email this week and saw the schedule for this series in September, I helped make a couple of tweaks and I think it’s without doubt the best schedule PartyPoker has ever had.
Bigger buy-ins, bigger guarantees, 2-day tournaments and the software will be improved making it easier for players to find the right tournaments and their experience will be better than ever before on the tables.”
One interesting addition to the PowerFest schedule takes place on the final day, when a Ladies-only event priced at $109 kicks off. The Ladies tournament features a $10,000 guaranteed prize pool.