Titan Poker will be hosting a $100 Million Jackpot Freeroll in April 2006 at a secret location, it has been announced. The tournament event will boast a $100 Million Jackpot Prize, $500,000 in guaranteed prizes, and 7 additional Jackpot Hands awarding millions of dollars in cash.
Eligible players can qualify through two Daily Freeroll Qualifiers beginning next week at Titan Poker. Each Qualifier will award five seats to the upcoming $500,000 Online Final Freeroll tournament scheduled to take place on Saturday, April 30. Entry to the freerolls can be obtained by earning the requisite amount of raked hands on the day prior to entry.
Once the Online Final Freeroll is played down to the final 10 players, the event will be suspended only to resume at an unidentified location in May 2006. It will be at this final table that one player will have the chance to win $100 million if they hit a royal flush of spades. Players who come close to hitting the royal flush of spades will receive additional Jackpot Prizes, such as $1 million for any other royal flush; $750,000 for any straight flush; $500,000 for four-of-a-kind aces or four-of-a-kind kings; and $250,000 for four-of-a-kind queens, four-of-a-kind jacks, or four-of-a-kind tens.
The $100 Million Jackpot Prize is re-insured by National Indemnity Company, which is a subsidiary of Berkshire Hathaway Inc., one of the world's biggest insurance companies. In this way, Titan Poker aims to assure players the winners of these hands will receive the monetary prizes promised by the poker room.
Please see Titan Poker for further details.