Online poker room ParadisePoker.com is set to enter the world of the big payouts by offering a €1,000,000 Guaranteed Tournament this weekend with multiple sponsorships up for grabs worth €32,500 for the top ten finishers.
Owned by London-based online gaming firm Sportingbet and licensed in Antigua, ParadisePoker.com has been in existence for many years and its €1,000,000 Guaranteed Tournament is set to take place this Sunday as long as it reaches its minimum of 1,000 players.
ParadisePoker.com revealed that it will award a minimum of €200,000 for the winner alongside a Team Paradise sponsorship package worth €10,000 to any of its live tournaments around the world. In addition, the runner-up will receive a sponsorship deal worth €7,500 on top of any prize money while the third placed package will be to the value of €5,000. Those finishing in fourth through tenth spots will receive packages valued at €1,500.
To take part, players may buy-in directly for €1,050 or take part in one of the many satellite competitions.
ParadisePoker.com is offering direct online sit and go satellites for €160 with a free seat for the eventual winner. It is also running direct daily satellites costing €120 where one seat will be offered for every €1,050 generated.