$50M GTD MoMoMo PKO Tournament Series on Winning Poker Network
After celebrating another successful edition of The Venom (with almost $10M in prizes), Winning Poker Network decided to pursue another record and announced the largest PKO tournament series in poker history.
So far, the flagship tournament series on WPN was Online Super Series Cub3d, which is now running its X edition with $15,000,000 guaranteed in prizes. With the announcement of the MoMoMo PKO tournament series, this record will be smashed as the new festival will reward at least 50 million dollars.
PKO tournaments were launched in all the Winning Poker Network rooms at the end of July 2020 (highlighted with a bulls-eye), and a few events are being played in the current tournament series, all covering its guaranteed prize pool.
From September 9th to November 1st, 2020, Winning Poker Network will host MoMoMo PKO Tournament Series with 50 million dollars guaranteed. This is a world record for a progressive knockout series.
MoMoMo PKO Series: Overlays in sight?
So far, there is very little information about MoMoMo. We only know the overall guarantee and that the main event (Carnage) will be a multi-day tournament and a $5M GTD prize, which will become in the largest single PKO tournament so far.
WPN will have to do an incredible marketing job to cover the guaranteed prize pools in the MoMoMo series. partypoker, a much larger network, held a $30M PKO series in 2019 with constant overlays.
We highlight that WPN charges a rake in the bounty element, while other sites like partypoker only add a fee to the regular prize pool.
For example, a $100 + $10 buy-in tournament on WPN is distributed as follows:
- $50 regular prize pool;
- $50 bounty prize pool;
- $9 is the rake, 10% of the overall buy-in.
Undoubtedly, the network will launch an extensive satellite program, reload bonuses, and other promotions to engage more players at the tables.
Also read — $15M GTD OSS Cub3d Series
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