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Monday, April 21 2014 @ 05:37 AM EDT

Poker Tournament at the Veneto Hotel - $500,000 Guaranteed

Nightlife, Bars, and PartyingThe Veneto Casino, located in Panama City, is hosting a festival no-limit hold’em poker tournament from April 17-22. The event starts tomorrow, Tuesday, 17 April 2012, and plays to final 20 percent of total players for each day. The last day of the event and the final table will be played on Sunday, 22 April 2012.

The tournament buy-in is $2,000 which includes a hotel room and all meals until the end of the tournament. Players will receive $25,000 in chips for the tournament, as well as a hotel room from the day the tournament starts (5 nights). There will be a 24 hour buffet open, only for the players who are participating, located in the poker area where the tournament is being played.

Blind Levels: Blinds will change at 40 minute internals. According to the following schedule;

  • Read: Level - Small Blind - Big Blind - Ante
  • 1 - 50 - 100 - 0
  • 2 - 100 - 200 - 0
  • 3 - 150 - 300 - 0
  • 4 - 200 - 400 - 0
  • 5 - 250 - 500 - 0
  • 6 - 250 - 500 - 50
  • 7 - 300 - 600 - 50
  • 8 - 400 - 800 - 100
  • 9 - 500 - 1000 - 100
  • 10 - 600 - 1200 - 100
  • 11 - 800 - 1600 - 200
  • 12 - 1000 - 2000 - 200
  • 13 - 1200 - 2400 - 200
  • 14 - 1400 - 2800 - 300
  • 15 - 1600 - 3200 - 300
  • 16 - 1800 - 3600 - 300
  • 17 - 2000 - 4000 - 400
  • 18 - 2500 - 5000 - 400
  • 19 - 3000 - 6000 - 500
  • 20 - 4000 - 8000 - 500
  • 21 - 5000 - 10000 - 1000
  • 22 - 6000 - 12000 - 1000
  • 23 - 8000 - 16000 - 1000
  • 24 - 10000 - 20000 - 2000
  • 25 - 12000 - 24000 - 2000
  • 26 - 14000 - 28000 - 2000
  • 27 - 16000 - 32000 - 3000
  • 28 - 18000 - 36000 - 3000
  • 29 - 20000 - 40000 - 3000
  • 30 - 25000 - 50000 - 4000

Rebuys and Add On: There will be No Rebuys and No Add on, however players will have the option of re-registering for the tournament to re-enter by paying the initial fee of $2,000 for the same starting amount of chips ($25,000) – Deep stack.

Prizes: The total prize pool to be distributed will be based on the total number of participants in the tournament, minus 20% for accommodations, operational and administrative costs. A minimum of $500,000 is prizes will be distributed, guaranteed. For more information, or to sign up to participate, please visit our website at: pokerpanama.com.

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