Our friends at Full Tilt have taken a page out of Byron's WPBT schedule of poker tournaments from last year and started up a very interesting new tournament format this weekend. It is called the Full TIlt Daily Double, and it is actually two tournaments, both $10 + $2 buyin no-limit holdem events, each held nightly at 9pm ET starting on Friday night, January 12. Both events play just like normal nlh freezeout tournaments on full tilt, but for those players who are willing to buy into and play both tournaments simultaneously -- if you're not a notorious multitabler like myself then this event might not interest you so much -- there are a number of added bonuses and gimmicks to make this new dual-tournament event that much more alluring and enjoyable.
To support the extra payouts and bonuses for the Daily Double, full tilt has started up a new progressive jackpot just for the new tournaments, which they began yesterday at $10,000. One dollar from each player's entry fee into each night's tournaments will go towards the following day's progressive jackpot, so for example the jackpot already grew from $10,000 even on Friday to now $11,735 heading into Saturday night's Daily Double tournaments. The jackpot can be paid out in a number of ways to players who participate in both events:
* All players who cash in both tournaments -- using full tilt's regular mtt payout schedule -- will share equally in a prize pool that totals 3% of the current progressive jackpot level.
* The player(s) who average the highest finish in both tournaments each night will be awarded a prize pool totaling 2% of the current progressive jackpot level.
* All players who reach the final table of both tournaments in any night will share equally in a prize pool totaling 20% of the current progressive jackpot level.
* Any player who wins both tournaments in the same night will be awarded 75% of the current progressive jackpot level.
Just to give some examples to show how this works in practice, last night on the first night of the Daily Double experience, the best double finish won $200 (2% of the opening 10k jackpot), and 26 other players each received $11.54 for cashing in both events (a 26-way split of $300, or 3% of the opening 10k jackpot). Each tournament last night had over 1000 entrants, making the tournaments attractive in their own right as normal $10 buyin events, even if you're not interested in the Daily Double aspects. But, I can easily envision a night in the not-too-distant future when the progressive jackpot is up to, say, $30,000, and only 10 players cash in both events, meaning that each of those players would receive $90 for their dual efforts. And these payouts are in addition to the normal payouts the players receive for cashing in each respective event to begin with.
As an added bonus, full tilt plans each day to include the names of each dual finisher from the previous night's Daily Double tournaments on the Daily Double promotions page on the full tilt website. So, if you're a multi-tabling kind of guy or gal like me, why not enter these two tournaments one night soon at 9pm ET, and take a chance at not only some nice payouts, but also seeing your name in lights on the full tilt website for all your friends and family to know just how great of a player you really are?
