It has been rumored for weeks now that Full Tilt Poker has been working on venturing into the live tournament market. Today, all of their planning and work has been made available to the general public.
Kicking off on May 11, 2011 in fabulous Las Vegas, Full Tilt Poker’s Onyx Cup will bring some of the best players in the world to play for stakes that are, quite honestly, insanely high. There will be 6 events in this series, played in the United States, Europe, and Asia, all of which will have a buyin of no less than $100,000.
This event is guaranteed to showcase some of the sickest action in the poker world. Already home to some of the highest stakes online cash games, Full Tilt is again upping the ante, showcasing itself as the premier leader in the biggest games played around the world.
To see more, simply click the Full Tilt logo in this post to go to the announcement video.
One must question, though, the timing that Full Tilt is choosing to launch this. These events are bound to coincide with Annie Duke’s recently launched FS+G Pro’s series, and the first event overlaps Pokerstars EPT Madrid event. This is bound to continue the fighting between the two juggernaut sites that has already led to each segregating their players from the other tournaments. Whatever happens, though, one thing is sure: Phil Ivey is going to make a lot of money.