Friday, April 11, 2008

Poker News - Harrah's to Become Caesars Entertainment

Harrah's to Become Caesars Entertainment
Harrah's Entertainment, rights holder to the WSOP, announced that its Board of Directors had approved changing the company's name to Caesars Entertainment Corporation. CEO Gary Loveman said, "Adoption of the name Caesars Entertainment...

Titan launches countdown to billionth hand

The countdown to the billionth-hand milestone begins at Titan Poker with the 950 millionth hand dealt. From that point on, players have several opportunities to win cash prizes during specific countdown hands and jackpot hands.

Countdown hands will occur every 200,000 hands according to the consecutive hand IDs. The winner of the hand will receive a cash prize, and the rest of the players in the hand will split a prize as well.

The prizes are split as follows:

Table Stake Winner gets Participants split
Micro $65 $65
Low $250 $250
Med $1,000 $1,000
High $3,500 $3,500

The jackpot hands during the promotion will occur every 5 millionth hand. As with the countdown hands, the winner will get a prize and the other participants in the hand will split a prize as well. The prizes are:

Table Stake Winner takes Participants split
Micro $250 $250
Low $1,000 $1,000
Med $4,000 $4,000
High $14,000 $14,000

The winners of the jackpot hands will also receive tickets to the upcoming European Championship of Online Poker events.

If the hand is in a Pot-Limit or No-Limit Hold'em game or Seven- or Five-Card Stud, the winner will receive a ticket to ECOOP Event 3, worth $310. Winners from a Limit Hold'em game will receive a ticket to Event 7, and Omaha winners will get a ticket to Event 9, both a $268 value.

If the winning hand is in Omaha Hi-Lo, the winner gets a ticket to ECOOP Event 2 worth $109. In the case of a split pot, the winner closest to the dealer button will receive the ticket.

The table stakes for the countdown hands and jackpot hands are broken down as follows:

Table Stake Fixed Limit No-/Pot-Limit
Micro 2¢/4¢ - 10¢/20¢ 1¢/2¢ - 5¢/10¢
Low 25¢/50¢ - $1/$2 10¢/20¢ - 50¢-$1
Med $2/$4 - $5/$10 $1/$2 - $2/$4
High $10/$20 and up $3/$6 and up

"We want all of our players to be a part of this race, because without their loyal game play we wouldn't be reaching this landmark event," a spokesperson from Titan Poker said.

The big payoff will come for the players who end up in the billionth hand at Titan Poker. The winner of the hand will receive $50,000, and the rest of the participants in the hand will split $30,000.

The winner of the billionth hand will also receive tickets to all the ECOOP events, which are worth $3,420.

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