Titel Melbourne/Australia with the biggest poker $$$ pool Autor/Erfasser/Quelle Richard Honegger System powered by HELP.ch Headline Melbourne's Crown Casino will host the world's richest poker tournament next year. Six of the world's best poker players will compete for the $80 million kitty, with the winner to take all in a series of elimination matches in July next year. It's expected Joe Hachem, the Melbourne poker player who earlier this year won a $US10 million prize at a tournament in Las Vegas, will be invited to play. The event would be televised to 100 million households around the world through ...

Melbourne's Crown Casino will host the world's richest poker tournament next year.

Six of the world's best poker players will compete for the $80 million kitty, with the 
winner to take all in a series of elimination matches in July next year.

It's expected Joe Hachem, the Melbourne poker player who earlier this year won a $US10 
million prize at a tournament in Las Vegas, will be invited to play.

The event would be televised to 100 million households around the world through the Fox 
Sports Network in the United States and through other networks in Europe and Asia, Crown 
chief operating officer Richard Longhurst said.

Players will pay $US10 million ($A13.26 million) to buy into the match, he said.

"We consider this a coup for Crown Casino and for Melbourne and we are thrilled to be an 
integral part of this landmark international event," Mr Longhurst said.

"The $80 million winner-take-all event is a one-of-a-kind show that will not just take 
America by storm, but the international community as well."

Anybody interested in buying in?????????????


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Comments:

Is it an obscene idea ? 

Here are some more links to the tournament.

World's richest poker game at Crown
http://afr.com/articles/2005/12/13/1134236036596.html

$80m poker prize up for grabs
http://www.thecouriermail.news.com....255E421,00.html

This story I believe deserves more analysis.

"THE world's richest poker game, with a staggering $80 million winner-take-all prize, will 
be held at Melbourne's Crown Casino next year.

The four-hour event in July will carry the richest prize in Australian history."

It will be I believe the biggest cash prize for any televised sporting (?) event ever. 
Using U.S. $'s. 6 players will each be putiing up $10 million and the prize will be $60 
million. The $80 million in the two articles above comes from the conversion to Aus $'s.

The players, and it's a by invitation tournament, will be putting up their own or sponsors 
money. $10,000.000 is of course 1,000 times greater than the WSOP No limit hold'em final 
which in itself, although inflation has taken it's toll over the years, is still one of 
the most expensive in the world to enter.

$60M Winner-Take-All Poker Tourney Set
http://news.yahoo.com/s/ap/20051212...er_tournament_1 - Time sensitive link.

"Fox Sports Net and Mansionpoker.net reached agreement on a three-year deal Monday, with 
the pots growing to $75 million in 2007 and $100 million in 2008 for the one-day 
competitions at the Crown Casino in Melbourne, Australia."

http://www.Mansionpoker.net
http://www.mansionpoker.net/fsn-tv-poker-deal.php
http://www.mansionpoker.net/FSN-announcement.pdf

"To illustrate the magnitude of the event, private armed guards, along with casino 
personnel, provide a constant security presence. Plus, medical teams will be standing by, 
monitoring each of the players' heart rates in the event that pushing $1 and $5 million 
chips into the pot causes a player's heart to race faster than Schumacher."

FSN to televise richest poker tournament ever
http://msn.foxsports.com/other/stor...813162&ATT=5286