The Bellagio poker room will play host to a series of no limit Texas Hold’em tournaments from which each winner will earn an entry into the main event of the 6th annual Australasian Poker Championship in Melbourne, Australia, according to Doug Dalton, Bellagio Director of Poker Operations.
These special tournaments will be held Nov. 2, 9, 16, 23 and on Dec. 14 at the Bellagio for the Australasian tournament, which will run January 2-12 at the Crown Casino in Melbourne. The championship event is set for the final two days of competition.
For the Bellagio tournaments, one-table satellite tournaments will be held at 9 a.m. with play at 1 p.m. on each of the five specified Saturdays.
By winning a $70 satellite tournament or paying the buy-in of $500 (plus an entry fee of $40), Bellagio players will have the chance to earn an estimated $8,000 first prize (based on 17 entries), which includes the entry fee into the main event at Crown Casino in Melbourne and the balance in cash.
Based on a $.56 US/AUD dollar conversion rate, that would mean USD $5,712 would be paid for the Melbourne tournament seat, and USD $2,288 would be paid in cash to each tournament winner, which would pay most or all of the player’s travel and hotel expenses. The adjoining Crown Towers luxury hotel at the Crown Casino is offering special room rates for tournament players.
Crown Casino’s Australasian Poker Championship competition is expected to become the largest poker tournament ever held in the Southern Hemisphere. According to tournament officials, this will mark the first time that a AUD $10,000 (USD $5,712) buy-in event has been held there, with an expected main event prize pool of at least AUD $1 million (USD $560,000) and overall tournament prize money of AUD $3 million (USD $1,680.000).