December 9, 2008 (InfoPowa News) — Sportingbet's Paradise has been around since the start of the online poker boom some years back, and has experienced fluctuating fortunes as a business, with especially hard times befalling it as a result of the UIGEA and a withdrawal from the U.S. market. This week the site gave notice that it is still competitive with the announcement that it is to offer its largest tournament yet, going head to head with the industry leaders by offering a million Euro guaranteed prizepool.
The €1 Million Guaranteed Tournament has a €1,000 buy-in and is set to take place on December 14th. The event will award a minimum of €200,000 for a first place and a range of other prizes to final table finishers that includes a €10,000 sponsorship to any of Team Paradise’s live tournament events around the world, and a €1,500 sponsorship for smaller tournaments.
Registrations currently approach 200, well short of the 1,000 players Paradise management hopes for, but in the nature of such tournaments, a last-minute rush can be expected as players go after the big money and prizes on offer.
For players short of the €1,000 buy-in there are alternative ways to get into this major event. Direct online Sit & Go satellites are available for a €150 buy-in, which offer a free seat in the big event to the winner. Paradise is also running direct daily satellites with a €50 buy-in that offer seats for each €1,050 generated.

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