Ultimate Bet Reduces Buy-in of One UBOC Event

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Ultimate Bet has announced a change to its Ultimate Bet Online Championship, as it is reducing the buy-in of one of the two championship events, the $5,000 + $200 $1 million guaranteed event, to a buy-in of $300 + $20, while reducing the guaranteed prize pool to $300,000 to reflect the smaller buy-in. The event is a six-handed no limit holdem tournament and will stay as such.

Many Ultimate Bet players had expressed concern about the buy-in noting that they would not be able to afford to buy-in to one of the two championship events. Annie Duke had this to say about the change: “We’ve listened to our players, modified our UBOC tournament schedule and repositioned one of our championship tournaments within reach of more online poker players.”

The Ultimate Bet Online Championship features twelve events, starting with the $100 + $9 Pot Limit Omaha Rebuy event on January 9th and ending with the $1,000 + $50 $1,000,000 Guaranteed UBOC Championship Event on January 18th.

Running alongside the UBOC will be a mini-UBOC which features events with buy-ins that are 10% of the UBOC buy-ins. The two championship events are not paralleled in the mini-UBOC, leaving it with a total of ten tournaments.

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