The partypoker US network, which includes BetMGM Poker NJ and Borgata Poker NJ, will launch an online poker series on Aug. 8, with a variety of events and prizes ranging from $5,000 to $50,000.
The network’s 11-event series begins with a pair of events—a $40,000 Sunday Special 8-max No Limit Hold’em event with a $200 buy-in, and a $5,000 8-max “mini” variation of No Limit Hold’em event with an $18 buy-in.
All of the series are No Limit Hold’em events, with one exception. The network will host a $10,000 Pot Limit Omaha event on Aug. 11.
A $10,500 super satellite event will be held on Aug. 10. The next day, the network will host a $20,000 progressive knockout bounty event, with a bounty of $250. There will also be a 6-max turbo event Aug. 13 and a half-price 8-max on Aug. 15.
The series wraps on Aug. 15 with a $50,000 8-max No Limit Hold’em event that requires a $500 buy-in.
| Date Time (ET) |
Tournament (All Prizes Guaranteed) |
Total | Buy-In | Fee | Bounty |
|---|---|---|---|---|---|
| Sunday, Aug. 8 5 pm |
$40K Sunday Special 8-max NLH | $215 | $200 | $15 | |
| Sunday, Aug. 8 5 pm |
$5K 8-max mini NLH$20 | $18 | $2 | ||
| Monday, Aug. 9 8 pm |
$20K 8-max NLH | $215 | $200 | $15 | |
| Tuesday, Aug. 10 8 pm |
$10.5K super satellite NLH | $215 | $200 | $15 | |
| Wednesday, Aug. 11 8 pm |
$10K PLO HIGH | $109 | $100 | $9 | |
| Wednesday, Aug. 11 8 pm |
$20K progressive KO bounty NLH | $535 | $250 | $35 | $250 |
| Thursday, Aug. 12 8 pm |
$20K 6-max NLH | $215 | $200 | $15 | |
| Friday, Aug. 13 8 pm |
$10K 6-max turbo NLH | $109 | $100 | $9 | |
| Saturday, Aug. 14 8 pm |
$20K 6-max NLH | $215 | $200 | $15 | |
| Sunday, Aug. 15 5 pm |
$35K 1/2 price 8-max NLH | $109 | $100 | $9 | |
| Sunday, Aug. 15 5 pm |
$50K 8-max NLH | $535 | $500 | $35 |
Similar online poker series will be played in Michigan and Pennsylvania, with the former hosted by BetMGM MI Poker and the latter by the partypoker network.
Invitational Freeroll Poker Tournament
The network is also holding an Invitational Freeroll Tournament on Aug. 29.
Between Aug. 1 and Aug. 28, players can earn 50 iRewards Points (iRPs) by playing in either cash games or tourneys. Players that subsequently earn 50 iRPs will be invited to participate in the invitational tourney, where $50,000 in prizes will be awarded to the top 215 finalists.
| Places Finished | Prize Description | No. of Prizes | Each Prize | Total Value |
|---|---|---|---|---|
| 1 – 10 | $3,500 Ticket | 10 | $3,500 | $35,000 |
| 11 – 20 | $535 Ticket | 10 | $535 | $5,350 |
| 21 – 35 | $215 Ticket | 15 | $215 | $3,225 |
| 36 – 60 | $109 Ticket | 25 | $109 | $2,725 |
| 61 – 95 | $50 Tournament Dollars | 35 | $50 | $1,750 |
| 96 – 145 | $25 Tournament Dollars | 50 | $25 | $1,250 |
| 146 – 215 | $10 Tournament Dollars | 70 | $10 | $700 |
| TOTAL | 215 | $50,000 |
partypoker Still in Second in New Jersey
The partypoker US Network, operating under the Borgata license and comprised of BetMGM Poker NJ, Borgata Poker NJ, and its namesake, partypoker, operates one of New Jersey’s three online poker networks. The others are run by PokerStars NJ and WSOP/888, through the land-based casino licenses of Resorts and Caesars, respectively.
Revenue data from the New Jersey Division of Gaming Enforcement (NJDGE) show Borgata has been second banana to Caesars in terms of market share and revenue for seven straight months.
According to the NJDGE, Borgata made $733k in online poker revenue and held 33% of the market in June. By comparison, Caesars had $892k in online poker revenue and had a 40.5% share of the market.
NJDGE figures also show online poker revenue fell to a total of $2.2 million in June 2021, its lowest point since before the pandemic. The market hit a high of $5.1 million in April 2020.
