ISPT Now Guarantees €1 Million For Winner
March 4, 2013 1:54 pmWhen the International Stadiums Poker Tour (ISPT) originally announced its lofty goal of creating a gigantic poker tournament at Wembley Stadium in London, the size of the guaranteed prize pool had initially been set at €30 million, then €20 million until the word guarantee was dropped altogether from the ISPT website.
Instead, it was replaced with the phrase “€20m expected prize pool,” and as a ISPT Chief Executive Prosper Masquelier, explained last year: “Basically, we have now estimated the prize pool, but we never said anywhere that there would be a guarantee.”
Just a few months away from the event and it has now been announced that The International Stadiums Poker Tour (ISPT) has entered into a deal to allow poker operator Dusk Till Dawn (DTD) to license and operate the huge tournament. In addition, the word guarantee is back on the table after Dusk Till Dawn has made an assurance that the eventual winner will receive a minimum of €1 million regardless of what the final prize pool looks like.
With a maximum of 20% of the prize pool going to the champion, at least 16,000 players will need to enter the €300 buy-in event online and a further 250 players will need to buy in directly at €3000 to create a €5 million prize pool and prevent the organizers from being out of pocket. Either way, Dusk Til Dawn has said the event is now a ‘win win’ situation for the UK poker community who will either take part in a hugely successful tournament, or benefit from a massive overlay. Talking about how they have now become an integral part of the ISPT taking place at Wembley Conference Centre on June 1, Dusk Til Dawn owner Rob Yong, explained:
“Organising the Caribbean Poker Party in St Kitts has whet our appetite for more adventures outside of our four walls. ISPT’s revised format is a lot like a supersized version of our own Grand Prix which is my favourite tournament concept.”