It seems as if the prize pools of weekly and monthly online guaranteed tournaments keep going up and up, especially at FullTilt. Every week FullTilt hosts the Sunday Mulligan with a $200K guarantee with a buy-in of $200 + $16, except on one Sunday of each month, when the buy-in is upped to $500 + $35 and the guaranteed prize pool is worth $1 Million! This is the FullTilt $1,000,000 Monthly Guarantee. It replaces the Sunday Mulligan that runs weekly at 7:05 pm ET, once per month.
Because $535 is a lot to blow on one Sunday evening, for the average person anyway, Full Tilt Poker offers many ways to slide into a seat at this tourney via satellite at a much lower rate. In fact, satellites start at as little as $1 or as low as 50 Full Tilt Points. You can find this tournament around the middle of each month in the tournament lobby by looking for a Sunday date (usually the third Sunday) with a 19:05 start time. When you click on the tournament, a new window will come up from which you can register. This window will also display all satellites scheduled for the event. You can navigate through this list, clicking on column headings to sort the info and organize the list in terms of buy-in or start time. You can continue clicking on tournaments until you find one that suits your needs. If you are looking too early in advance, though, no satellites will be listed yet, so check back.
One nice thing FullTilt does when you win a satellite is refund your buy-in in tournament dollars (T$) should you win another satellite for the same tournament. So, essentially, if you happen to qualify for the $1 Million Guarantee, you could stock up on some extra tournament money by continuing to participate in satellites for that same tournament throughout the week. Should you win a satellite more than once to any individual tourney with a Satellite Challenge Leaderboard, you can compete for the most satellite wins for that event. The player who has won the most seats to an individual event will win a cash prize (cash value based on the event). A tie at the Satellite Challenge Leaderboard will split the prize between the two spots equally. So if you have a knack for satellites, you should go for the cash up for grabs here.
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The $1,000,000 Sunday Guarantee is a great place to start if you are looking to move up into the next level of online tournaments. It’s a great middle-ground between the low-paying tournaments and the high-paying tournaments because it offers a nice prize pool with an average amount of players. And the best part is that you can qualify without having to bet the bank. While there are bigger tournaments at FullTilt, you won’t feel intimidated at this one. You’ll find all kinds of players, which you should take advantage of. Find a weak spot and take his money. You’ll also get experience practicing tight play if you aren’t used to big-player tournaments, while at the same time, the risk isn’t that great. This monthly event is one to look forward to, as it is a fun and friendly gathering of average players who truly enjoy a nice Sunday night of poker.