Party Poker Rakeback and Pokerfest II

Posted on by RTR Dave
 

Towards the end of last year, Party Poker ran their first major online poker tournament series, and it offered millions of dollars along with dozens of tourneys. Just a few months later, Party Poker is already gearing up for Pokerfest II, which will offer $3.5 million over the course of 47 tournaments.

Pokerfest II starts on April 22nd, 2012, and ends on May 6th with a $1 million guaranteed Main Event. It’s also worth mentioning that an extra $50,000 in cash, iPads, and a $14,000 WSOP prize package will be awarded throughout the course of the 47 poker tournaments. Before we expand on the extra prizes, here’s a look at just a few of the highlights from the Pokerfest II schedule:

  • April 22nd, Event #1 NL Hold’em – $215 buy-in, $350,000 prize pool.
  • April 22nd, Event #4 NL Hold’em – $530 buy-in, $250,000 prize pool.
  • April 23rd, Event #7 NL Hold’em – $55 buy-in, $75,000 prize pool.
  • April 28th, Event #22 NL Hold’em (6-max) – $99 buy-in, $75,000 prize pool.
  • April 29th, Event #23 NL Hold’em – $215 buy-in, $350,000 prize pool.
  • April 29th, Event #26 NL Hold’em – $1,060 buy-in, $450,000 prize pool.
  • May 1st, Event #32 PL Omaha (Rebuys) – $55 buy-in, $40,000 prize pool.
  • May 4th, Event #41 NL Hold’em (Rebuys) – $99 buy-in, $100,000 prize pool.
  • May 6th, Event #47 (Main Event) NL Hold’em – $640 buy-in, $1 million prize pool.

When looking at the buy-ins, keep in mind that you can lower the cost if you sign up at Party Poker through RakeTheRake since you’ll get a rakeback deal. In addition to this, there are also satellites running for all of the 47 Pokerfest II tournaments. The satellite structure is based on the specific buy-in for the event you’re interested in playing. For example, all $55 buy-in tournaments offer $2 and $6 qualifiers, which lead to tickets for any of the $55 entry tourneys. The $99, $215, $530 and $1,060 buy-in tourneys all feature their own satellite structure as well.

Moving past the Pokerfest II tournaments and satellites, there are three different leaderboard competitions for certain buy-in levels. Tournament buy-ins and finishes are the factors that determine how many points players earn towards the leaderboards. A total of $50,000 will be given away throughout the three leaderboards, and here is how the money is distributed:

Points buy-in leaderboard – $2,500 prize pool, 250 places get paid.
Low buy-in ($6-$33) leaderboard – $15,000 prize pool, 500 places get paid.
High buy-in leaderboard – $32,500 prize pool, 500 places get paid.

One more thing worth mentioning here is the various side prizes that will be given out to people who accomplish certain feats in Pokerfest II tournaments. Cash and iPads are available for those who meet the following requirements:

- Finish in the money in 10 Pokerfest II tourneys = $2.5k and an iPad
- Finish in the money in 20 Pokerfest II tournaments = $5k and an iPad
- Make five final tables in Pokerfest II = $7.5k and an iPad
- Make 10 final tables in Pokerfest II = $15k and an iPad
- Win three Pokerfest II tournaments = $20,000 and a $14,000 WSOP prize package for the 2012 Main Event

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