888 Poker launching new tournaments

November has been a busy month for new tournaments at 888 Poker.

The tournaments gurus at 888 Poker have launched a new knockout series and a new high roller tournament with a great name – The Dragon. [ See 888 Poker Review ] 

Let’s start with the knockout series, officially called the PKO Series. This 24-event series of progressive knockout tournaments begins at 888 Poker on November 10.

The series includes tournaments with buy-ins for every poker budget, starting at $8.80 and going as high as $320. The guaranteed prize pools in these tournaments range from $10,000 to $300,000.

If you’re unfamiliar with progressive knockout tournaments here’s how they work. In a progressive knockout tourney half of the buy-in goes to the prize pool and the other half goes on each player’s head as a bounty.

When a player is knocked out part of their bounty goes to the player that eliminated them and the rest goes on that player’s head, increasing their own bounty.

Moving on to the Dragon. Unfortunately the first edition of The Dragon has passed by, having been played on November 3, but this monthly tournament will be back in December giving you the chance to win big money in time for the Holidays.

The Dragon is a high-roller tournament with a hefty $1,050 buy-in and a $200,000 guaranteed prize pool. Players start out with 50,000 chips and the blinds are quickly on the move, increasing every 12 minutes.

A $1,050 buy-in is likely too rich for many of the poker players on the 888 Poker platform. They’re not shutout though, as there are several of cheaper satellite tournaments that they can use to qualify for The Dragon.

The satellites start out incredibly cheap at fifty cents. You can probably find that in your couch cushions if you dig deep enough. In the fifty cent tourney you can win an entry in a $16.50 sub-satellite which then, in you’re successful, moves you on to a $109 qualifier where there are five guaranteed seats to The Dragon available.

For players with bigger bankrolls, but not quite big enough to put up $1,050 there are also direct satellites with a $109 buy-in and 20 guaranteed seats to the Dragon and a $215 buy-in with 10 seats guaranteed.