The build-up to the FA Cup final may have begun in earnest with Manchester City and Wigan looking forward to a trip to Wembley on Saturday. The FA Cup may be more about kudos than cash but both clubs can still expect a financial boost from making it to Wembley. This will be of greater benefit to Wigan than City, especially if they are relegated this season from the Premier League but this is not the only focus on Wembley cash this week.
This is because the ISPT have made a number of announcements about their big poker tournament that is bound for Wembley at the end of May.
The payout structure of the event is already announced and there are a number of alternatives available on site, allowing you to calculate how much you will earn for a specific finish depending on how many players sign up for the poker action. There are five separate payout structures listed on the official ISPT site, informing players of how much money they can receive if there are 1,000 players, involved, 1,250 players involved, 1,500 players involved, 1,750 players involved or 1,852 players involved. The more players involved, the more money there will be on offer, which makes perfect sense.
There is a guaranteed million up for grabs
If there is a limited turnout and there are only 1,000 players involved in the game, the winner should expect to receive £1m but this is down to the fact that there will be an added amount to the winner’s prize fund. The winner of the event should expect to see 20% of the pot and for 1,000 players, this would only amount to 540,000 euros. However, with the guaranteed 1 million prize being a major component of this event, it is no surprise to see that the winner gets a big boost to the amount of money that they will receive. This means that it doesn’t matter how many people turn out for the major ISPT event, the winner is going to be a very happy person indeed.
The great news is that half of the players who take part in the live event will receive some money for playing in the event. The thrill of being at Wembley should be more than enough to excite some players but the fact that there is a genuine chance of making some cash should go a long way to cheering some poker players up and providing a strong incentive to get involved with the fun and excitement that will be on offer at Wembley.
A prize of 540 euros may not seem like the biggest return but with 500 players from an original starting number of 1,000 bagging this prize, there is definitely a big incentive to get on with the poker action at Wembley Stadium. If over 1,800 players take part in the event, there will be 900 or more players earning this amount of money which goes a long way to making this huge poker event something that stands out from the crowd.
The make-up of the tournament is such that deals are going to be allowed at the final table so there may be a slight downscaling for the eventual winner but at least they know that they will be guaranteed a certain amount. While some poker players are unhappy at the thought of making a deal at the final table, there are plenty of players that appreciate the chance to have a guaranteed amount for finishing in the final few places.