Poker Stars Running $2 Million Guaranteed fPP Tournament

Sunday February 10, 2008

The Poker Stars Turbo Takedown - a tournament with one of the largest guaranteed prize pools in recent memory - is a more unique still for another reason: you can't buy in with money.

The tournament, set to run at 2:30 EST on February 17th, can only be entered through use of Poker Stars FPPs - 10,000 of them, to be exact.

Excerpt from the PokerStars Blog announcement of the tournament:

This morning, Poker Stars announced it will host the biggest tournament of the week on February 17, at 14:30ET. The no-limit hold’em event has a $2 million guarantee, and get this... you can't enter with money. The entry fee is 10,000 Frequent Player Points.

Now, you may be of a mind to not drop 10,000 on one tournament. Understandable. There's a lot you can do with 10,000 FPP credits. Poker Stars figured that out, as well. Starting today, you will be able to start playing qualifying satellites for as little as 10 FPP credits.

Poker Stars has already posted the payout table on the $2 Million Poker Stars Turbo Takedown page. First prize is an astounding $200,000.

The tournament also has a unique payout structure that will allow a full third of the field to cash.