Recently, PBT tied up with Pokerstars.com to run satellites for their APPT event on August 24, which has a buy-in of $2,500 and I have heard that team Pokerstars will be there including Hachem, Raymer, Moneymaker (k lang . .) and Daniel Negreanu (newest member of team pokerstars)
Our satellites for the APPT is two tiered (for now) where our weekly wednesdays (9pm start) and saturdays (3pm start) will be converted into level 1 satellites with buy-ins of Php 1,500 + 300 entry fee for our level 2 satellite on Saturday, August 18, 2007 with the buy-in and entry fee of Php 10,000+2,000.
In the level 1 satellite, players will have the option of 1 rebuy (Php 1,500) and 1 add-on (Php 1,500) OR 2 rebuys and no more add-on and for every 10 entries, rebuys and add-ons, PBT will award a seat in the level 2 satellite. So if there are 30 entries, rebuys and add-ons we'll award 3 seats to the level 2 satellite to the top three players for that tournament. Money left over will be awarded as cash prizes and of course the Non-cashable chips will be there.
In the level 2 satellite, players will have an optional add-on (3,000) and we'll try to give as many seats to the APPT event as we can. Pokerstars.com has signified that they will augment the prize pool of this tournament with extra seats, increasing the number of seats to be won. Again, if there is money left over, we'll award it as cash prizes.
We are in the process of adding another tier to our satellites (system?) and we're hoping that it will be in place by July. We'll keep you posted and go to pbtcentral.blogspot.com for more info
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