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Online Poker News Archives - July 29, 2004

 

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Copyright 2004 PR Newswire Association, Inc.
PR Newswire

July 29, 2004 Thursday

HEADLINE: Full House of Players to Compete in PokerStars.com's Third Annual World Championship of Online Poker

BODY:

   World's Largest Online Poker Tournament Puts $4 Million on the Table

    The cards are dealt, the chips are down and $4 million is on the line as competition has begun in the Third Annual PokerStars' World Championship of Online Poker (WCOOP). The event has guaranteed prize pool events daily through August 8. The event is hosted by PokerStars.com which is widely regarded as the top online cardroom for tournaments. PokerStars' WCOOP is the largest online poker tournament in the world, and this year, PokerStars is guaranteeing $4 million in prize money across its 12 events.

   In the last two years, players have won almost $3 million in cash prizes in WCOOP competitions. The tournament series consists of the most popular forms of poker -- Texas Hold 'em, Seven Card Stud, Seven Card Stud High/Low, Omaha and Omaha High/Low -- with four events featuring the world's most popular version of tournament poker, No Limit Texas Hold 'em.

    "Poker is one of the hottest trends in the world right now. Poker players from anywhere in the world can try their hand in PokerStars' World Championship of Online Poker and leave with the largest cash prizes ever won online," said Lee Jones, PokerStars Poker Room Manager, and best selling poker author. "And since we offer satellites for these events for as little as $3, anyone has a chance to win. In fact, through our Frequent Player Point program, we're giving away more than half a million dollars in free entries, so the next huge winner could get there for free."
The WCOOP offers poker players the opportunity to compete for large tournament prize pools that previously were only available in land-based casinos and poker rooms. In fact, the prize money is even higher than most land-based tournaments. The WCOOP is expected to attract more than 30,000 poker players from all over the world into the competition for the online poker world's biggest prizes.

   The WCOOP features 12 events with buy-ins ranging from $200 for early events to $2,500 for the main No Limit Hold'em event, and guaranteed prize pools ranging from $100,000 to $1.2 million. The events are filled with poker players of all ages and backgrounds, and plenty of exciting poker action.

   PokerStars is running satellite tournaments for each event that allow players to risk as little as $3 for a chance to win a tournament entry. Players can also win free entry into the events by playing in Frequent Player Point (FPP) satellites. Players earn Frequent Player Points for their play in cash and tournament games on the site. PokerStars has given away more than $7 million in cash, prizes and free tournament entries through the FPP program in the past year.

   PokerStars set the poker industry on fire in 2003 by producing the first World Series of Poker (WSOP) champion to win his entry online. Chris Moneymaker entered a $39 satellite tournament on PokerStars and went on to win $2.5 million in the world's biggest and most prestigious poker tournament -- and almost all of his tournament poker experience came from playing on PokerStars. In 2004, PokerStars sent 316 players to the WSOP, more than any other source besides WSOP on-site satellites. Four PokerStars players made the final table, and Greg Raymer, who won his seat in a $160 satellite on PokerStars.com, took home the world's largest prize in poker -- $5 million and the coveted WSOP championship bracelet.

   PokerStars.com is part of the huge and continuously growing popularity of poker. With the WSOP televised on ESPN and the popular World Poker Tour series on the Travel Channel, the traditional card game of skill and luck is finding its way into the homes of players from all over the world. PokerStars lets players join games for play money or cash from any computer in the world.

    About PokerStars

   PokerStars (www.pokerstars.com), an official member of the World Poker Tour, is the world's most innovative online poker site. PokerStars was the first site to introduce advanced multi-table tournaments, integrated game statistics, players notes, personalized images, time bank for tournaments and ring big bet games, satellite tournaments, multi-table sit & go tournaments, and much more.
PokerStars support team is truly unique, as help and support is available around the clock from people who know and understand the game of poker, and the importance of impeccable customer service.

   To date, PokerStars has run more than 2 million poker tournaments and dealt more than 500 million hands. PokerStars utilizes industry-leading security software to ensure the integrity of the system, including encryption, card shuffle randomness and preventative measures against cheating and collusion of players. PokerStars is the site where the 2003 and 2004 World Champions of Poker won their entries into the World Series of Poker, thus earning the trademark -- "Where poker players become World Champions."

   SOURCE PokerStars

CONTACT: Eric Wein of Edelman, +1-323-202-1042, eric.wein@edelman.com for PokerStars; or Nolan Dalla of PokerStars.com, +1-703-786-6038, nolan@pokerstars.com

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