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Poker players everywhere are jumping for joy over the many promotions that are going on today in the market. If you are a fan of poker, then no doubt you were aware of the promotion that went on at UltimateBet.com. It recently closed up its Ultimate Bet Online Championship or UBOC, which is a 12-day long event. The ending payout was a total of $4 million in cash rewards to lucky players. This is the fifth year the championship is being held, and it proved to be even bigger an event than ever. Like most online poker events, this one is growing fast. Expect next years to offer even more games and an even bigger payout to players. The event officially began on August 18th. There was a $1.050 buy-in, but there also were a number of satellite tournaments around to get qualified and bypass the buy-in amount. The main event was hosted by Phil Hellmuth, a huge name in the world of poker play. Hellmuth is a poker player who holds the record for wins at the WSOP with eleven bracelets. He won the 1989 WSOP title. Though he is known to be temperamental and “bratty” he still managed to make a huge name for himself in the world of poker and get into the Poker Hall of Fame.

This latest UBOC event brought in about 8,700 players who were duking it out for the win. They all played in a total of twenty different poker events hoping to take away their own payouts for the hard work and good strategizing skills at the game. There was an overall prize pool of just under $4 million for the tournament. This proved to be a great event for gamers and poker players and anyone who joined in on the fun can testify to how much fun a good tournament is these days. Gone are the days of a few bucks worth of a payout. In today’s market, a player who is good at poker can support him or herself with the spoils. Games have come that far in the market and are promising to offer even bigger payouts in years to come.

The Ultimate Bet Online Championships, or UBOC, is now being introduced in its fifth generation by UltimateBet.com. The recession was difficult on many gamblers and a lot opted out of the hobby altogether due to limitations in their bankroll. With millions of Americans out of work, it was difficult for them to find the discretionary funds to wager on a regular basis. Because of this many websites began to suffer and realized that they had to change their ways of operating if they were to bring in customers. UltimateBet.com is a casino that knows full well how to bring players in.

If you love betting, then take a look at the UBOC. One of the best things about it is that it is being changed for players with every level of bankroll to participate in. First there is the no-limit Hold’em event with a buy in of $320 and a prize pool of a guaranteed $200,000. Next there is a $267 pot-limit Hold’em Omaha tournament mix that has a pot guaranteed at $100,000. This is coming in three days on August 18th. Though these buy ins are not small, there are mini-events that run along side them that have much smaller buy in amounts. The games are equitable but for those who need a little extra leeway in terms of a big buy in. You can have a lot of fun with these games and UltimateBet.com is a great website to join in on for poker fun.

The smaller buy in games are being labeled as the “Mini-UBOC” games and they are starting at the same time and lasting throughout the 29th of this month. Every one runs along side the big tournament but has a substantially lower buy in and you can find some at just $33. That is a huge difference and they come along with good payouts of guaranteed prize pools of $20,000. You won’t miss much with these tournament games and don’t think that because they are ‘smaller’ they are any less fun. You can afford the buy ins and you can still have access to the chance at a good win for a good payout amount.