$2 Million Prize Pool Offered at Borgata Poker Open
The Borgata Poker Open Championship is set to begin very soon and the Borgata casino in Atlantic City recently announced the details for the World Poker Tour event. The series will run from September 9th to the 24th and the Championship event will offer a buy-in of $3,500 and $2 million in prize money.
The Championship event usually has a buy-in of $10,000 but the WPT lowered the buy-in to ensure a good turnout. They are also guaranteeing the $2 million prize pool so even if a low number turns out that amount will stay the same.
The Borgata event will be televised and many players are looking forward to competing. The casino is still working out a few kinks including the payout structure but it has been rumored that the first place prize will be $1 million.
Ray Stefanelli, the Director of Poker Marketing at the Borgata commented: "We've seen that Borgata has been able to provide great opportunities for professional players, amateurs, and local pros to participate in a first-class tournament series at a place that is as poker-friendly as any other gaming destination in the country. We believe we've found a sweet spot with the $3,500 buy-in. Working with the WPT for a televised event and the Borgata-sponsored $2 million prize pool will make this an attractive stop for poker players of all types of bankrolls."