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The $2,600 buy-in No Limit Hold’em Six-Max tournament (Event #8) held as part of the ongoing Ultimate Bet Online Championship (UBOC) featured a $1.57 million prize pool, the largest in the 10-year history of UB.com.

Newly minted UB.com pro Joe Sebok gave his take on the record-shattering prize pool in a press release distributed by the USA-friendly online poker site on Tuesday: “Despite going out just before the money in UBOC Event #8, the tournament still left me with an incredible feeling as we ended up building the richest prize pool in the history of UB. I think it sets the tone for what I think will be the best UBOC ever for our players. 2010 is just the beginning of great things to come for UB and our community.” A total of 628 players competed in the $2,600 buy-in affair, which easily surpassed its $1 million guaranteed purse.

When the smoke cleared, it was a battle between two Germans heads-up, as SEBBAU bested PHILBORT to scoop a $331,000 first place prize after a heads-up chop. As part of the deal, PHILBORT took home $250,000, more than a traditional chip chop would have given him, and SEBBAU banked $291,000. Then, the duo played on for $40,000 in prize money. In the final hand of UBOC event #8, PHILBORT was all-in with pocket fives against SEBBAU’s A-7. The flop came 2-7-K, giving SEBBAU a pair; he never looked back, earning $331,000.

UB.com pro Liv Boeree bumped Sebok from the $2,600 buy-in Six-Max event to claim Sebok’s $2,500 bounty. Boeree was the only UB.com sponsored pro to make the money. Here’s how the final table shook out in the richest tournament in the history of UB.com:

1st Place: SEBBAU – $330,900
2nd Place: PHILBORT – $250,000
3rd Place: GROENGRAS – $146,010
4th Place: GIT PAPER – $102,050
5th Place: DOOSHDOTCOM1 – $86,350
6th Place: UPAY4RHINOS – $70,650

In UBOC Event $10, a $150,000 Guaranteed Mixed Pot Limit tournament, a total of 422 players threw their hats into the ring. Although the tournament fell short of its guarantee, Jack “011POKERDR” Pan banked a healthy $40,500 for the win. Pan final tabled an event held during the 2009 PokerStars World Championship of Online Poker (WCOOP) in September for $23,000 and finished second in the Full Tilt $200 rebuy last May for $43,000. Heads-up, Pan defeated KANYEKWELI, who earned $23,000.

Other UB.com members who made the final table of Event #10 included ALL_DAY_DHI3 (third place for $16,125), SAILORLOBELL (fourth place for $11,625), Scott “SCOTTYTHEFISH” Sitron (fifth place for $8,625), JOES2828 (sixth place for $6,150), Justin “TRUESYALOSE” Truesdell (seventh place for $4,650), and ROCKRAINES (eighth place for $3,150). Sitron finished 32nd in the 2009 World Series of Poker (WSOP) Main Event for $253,000, while Truesell won a Circuit gold ring in Tunica one year ago in a $1,080 buy-in No Limit Hold’em event.

The UBOC and its corresponding MiniUBOC series continue through Sunday, January 31st. On that day, the $1,050 buy-in UBOC Championship Event will kick off. The two-day tournament begins at 4:00pm ET and will likely see some of the top names in poker take to UB.com’s virtual felts.

Two UBOC events will play out today. Event #11 is a $215 buy-in Pot Limit Omaha Cubed tournament (one rebuy plus one add-on). At least $100,000 will be up for grabs and accomplished pro Matt “mattg1983” Graham will serve as its host. Event #12 is a $215 buy-in HORSE tournament with at least $50,000 up for grabs. UB.com blackjack guru “Hollywood” Dave Stann will host the contest, which kicks off at 8:05pm ET concurrently with Event #11.

Stay tuned to Poker News Daily for the latest UBOC results.

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