Poker News

Starting on Tuesday, May 4th on the virtual felts of PartyPoker is the Million Dollar Hand promotion. Up to $1 million is up for grabs and the Million Dollar Hand will wrap up on May 23rd.

For every 15 PartyPoints you rack up on PartyPoker during the promotional period, you’ll receive a random playing card. Once you collect five cards, you’ll receive cash prizes based on the value of your hand. One pair will net you $3, while two pair pays out a cool $10. Players who pick up three of a kind will receive a $20 cash prize, while those who make a straight will earn $50. PartyPoker Million Dollar Hand players who are dealt a flush will pocket $100, while a full house is worth $150.

Then, the big money kicks in. Players who make a four of a kind in a five-card hand will bank $1,000, a straight flush is worth $10,000, and a royal flush will earn players the top prize of $1 million in cold, hard cash. PartyPoker is not capping the number of royal flushes that can be hit and players can unlock their first card by logging into their PartyPoker accounts. A maximum of two hands per day, or 10 cards, can be revealed.

PartyPoker officials are looking forward to a throng of players descending upon the site. A PartyPoker spokesperson commented in a press release distributed last week, “The Million Dollar Hand is back! As Mike Sexton says, ‘May all your cards be live and your pots be monsters!’ Thousands of cards will be revealed [starting] Tuesday, May 4th. The question remains – will the big one hit this time around? We’ve seen straight flushes and scared the insurers, but nobody has hit the royal…yet!”

The last time the Million Dollar Hand ran on PartyPoker was in October, with the same payouts on the line. The promotion wraps up at 23:59 ET on May 23rd and any unrevealed cards will not be able to be used. The 15 PartyPoints can only be accrued while playing on real money ring game tables on the site, which does not accept action from the United States. All cash prizes will be paid out within an hour of being earned.

PartyPoker is concurrently running a Million Dollar Hand VIP Race. In addition to the standard cash prizes earned in the Million Dollar Hand promotion, VIP players will receive points that count towards their own special race. Extra VIP race points can also be earned if players amass more than 300 PartyPoints in a day. The top 200 finishers on the VIP race leaderboard will make the money, with a grand prize of a $13,000 World Series of Poker (WSOP) prize package up for grabs for the first and second place racers.

Every player who lands in the top 600 also claims entry into the Million Dollar Hand VIP Freeroll, which offers up two more $13,000 WSOP prize packages. The Main Event of the 2010 WSOP kicks off on July 5th with the first of four starting days. The tournament plays down to a nine-handed final table on July 17th and its members will return to the Rio All-Suite Hotel and Casino in Las Vegas in November to determine a winner.

Amazingly, the top 30 finishers in the VIP race will collect four-figure paydays, with a minimum payout of $100 up for grabs. According to PokerScout.com, which keeps tabs on online poker room traffic, PartyPoker is the third largest site world wide in terms of real money ring game players, with a seven-day running average of 4,200. During peak hours, which occur in the evening throughout Europe, around 7,000 cash game players call the site home. PartyPoker’s traffic is virtually identical to that of the iPoker Network.

Visit PartyPoker to unlock your first card in the Million Dollar Hand promotion starting on Tuesday, May 4th.

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