Tournament fees get the boot at Party Poker

Posted by Steve Ruddock on Jul 05, 2011 Posted in Poker News | No Comments »

party poker software updateWith online poker players raising their hands in frustration as poker sites are being shutdown and having their licenses pulled, Party Poker has come up with an innovative reason to join one of the most popular, and 100% legal, online poker rooms in the world by eliminating all tournament fees at the site for a limited period of time.

Expect a huge increase in the number of players registering for multi-table tournaments at Party Poker in the coming days with the announcement of their new policy that will eliminate all tournament fees/rake for n as yet unspecified period of time. This new policy will increase the overall prize-pools for tournaments by up to 10%, which will drastically increase the +EV for tournament players.

A spokesman for Party Poker stated the following in a press release announcing the new MTT policy:

“In an industry first, all MTT’s [multi-table tournaments] on PartyPoker.com are completely rake free. As the rake free period applies to ALL MTT tournaments – qualifiers for events such as WPT Paris and GSOP Manchester also have new structures which incorporate no fees.”

“Fees being waived on MTT’s is just another reason why there has never been a better time to play at PartyPoker.com in a secure environment where prompt payments are guaranteed whether you are a micro or high stakes player. We will continue this outstanding value promotion for as long as we can – we are already pleased with the positive response to this move we have seen from the poker community.”

Tournaments at Party Poker will now see all fees added to the prize-pool –if a tournament cost $100+$10 only $100 would go toward the prize-pool, while the $10 in fees would go directly to Party Poker; now the entire $110 will go directly into the prize-pool!

Tags: , , , , , , , , , , , , , , , , , , ,



Leave a Reply

High Stakes News

Promotional News

Poker Night In America Debuts New Live Poker Show Featuring Celebrities
Poker Night in America is introducing a new poker show format on CBS, …
Read more

PokerStars Celebrates French-Spanish Shared Liquidity With FRESH Tournament
French and Spanish online poker players are now able to share liquidit …
Read more

PokerStars Rebrands Turbo Championship Of Online Poker (TCOOP) Into 2018 Turbo Series
PokerStars, the biggest online poker website in the world has hosted i …
Read more

Global Poker Launches Grizzly Games Online Tournament With $1.5 Million In Virtual Cash
Global Poker launched its Global Poker Championships in 2017 with the …
Read more