Commerce $1 Million Guaranteed Begins

'Miami' John Cernuto

Commerce Casino kicked of its exclusive $335 buy-in $1 Million Guaranteed Tournament in L.A. yesterday.

A total of 529 players bought into the unusually structured No-Limit Hold'em tournament which will see five starting days from July 20-July 24.

Each starting day will see the field reduced to 27 players before calling it a night.

If a player busts early they are allowed to re-enter on any of the following starting days. With the format a player could potentially cash five times in the tournament.

Once all the starting days are complete the remaining 135 players will reconvene on Sunday, July 25, at 2 p.m. to play down to a winner. It's likely first place will pay out over $200,000.

Day 1a of the event saw several notable poker pros make their way into the final 27 including "Miami" John Cernuto, Tony Ma and Young Phan.

For more information about the low buy-in $1 Million Guaranteed Tournament, or to register, check the Commerce Casino website.