Party Poker Rakeback Players excited about Pokerfest 2011

Few things in the online poker world are as exciting as the massive rakeback deal that Party Poker offers select players. After all, anybody who signs up at Party Poker at RakeTheRake can cash in on a 50% rakeback deal. But as great as this is, some players are even more excited about the Pokerfest 2011 event that Party Poker will be running from October 23rd to November 6th.

The most eye-catching aspect of Pokerfest 2011 is that $3 million in guaranteed money will be given away over the course of 47 poker tournaments. And the big lineup of poker tournaments will be capped by a $1 million guaranteed Main Event. In addition to the regular tourneys in Pokerfest 2011, there will also be some interesting side events and leaderboard prizes. But before we expand on this, let’s look at the featured tournaments in Pokerfest 2011:

– Event #23 $350,000 Guaranteed, $215 buy-in, qualifiers starting at $2.50.
– Event #46 $50,000 Guaranteed, $33 buy-in, qualifiers starting at $2.
– Event #47 Main Event ($1 million guaranteed), $640 buy-in, qualifiers starting at $1.

All of the Pokerfest 2011 poker tournaments that have $55 buy-ins or higher will have satellites running, and the qualifying structure all depends on the specific event. As for the leaderboard competitions, there will be three different boards for each buy-in level like the following indicates:

– Points Buy-in Leaderboard, $5,000 total prize pool, $500 winner’s prize, 250 players paid.
– Low Buy-in Leaderboard ($6-$33 buy-ins), $30,000 total prize pool, $2,500 winner’s prize, 500 players paid.
– High Buy-in Leaderboard ($55 buy-ins and higher), $65,000 total prize pool, $5,000 winner’s prize, 500 players paid.

To earn your share of the money on the leaderboards, you need to play in as many Pokerfest 2011 tournaments as possible, and hopefully finish high in them as well. Also keep in mind that there will be some interesting Pokerfest 2011 side events, such as the following:

– $35,000 Pokerfest Jackpots: win any 3 Pokerfest tournaments ($20,000), make the final table in any 10 Pokerfest tournaments ($10,000), cash in any 10 Pokerfest tournaments ($5,000).
– Prize Draw: every tournament a person plays in earns them a ticket for the Pokerfest prize draw, first 500 players drawn win prizes like iPod’s, poker chip sets and other merchandise.
– Dollar Daily side tournaments: Party Poker will run two $1 buy-in side tournaments every day, and the poker tournaments will all feature a unique twist.

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