The Heartland Poker Tour is making it easier for aspirational and recreational poker players to find themselves in poker’s spotlight. On Monday the company announced the HPT500, a league concept that will allow players to play tournaments with buy-ins ranging from $80 – $500 to earn points towards a seat a televised final table.
Players can earn points in weekly events with an $80 buy-in, monthly events with a $200 buy-in and quarterly events where the buy-in jumps to $500 and properties may choose to run satellites for the quarterly events. The point system was designed to take into account larger fields and should keep players playing throughout the year. Players are awarded points equal to the buy-in for each event they enter. Players finishing in the money or top 10 (whichever is greater) earn points based on the number of players they’ve outlasted and the eventual champion earns a bonus equivalent to the amount of the buy-in.
Weekly events are priced at $80, while monthly events are $200. Quarterly events come with a $500 buy-in. Satellites will be available for quarterly events based on demand at each participating casino.
At stake is a travel and sponsorship package that will put players into HPT events in 2015.
Three properties have already signed on to be HPT500 partners; Red Hawk Casino (Placerville, CA), Belterra Casino Resort (Florence, IN) and Lake of the Torches Casino (Lac Du Flambeau, WI). To help promote the race the HPT has created HPT500.com, which will be include leaderboards for each property.
“HPT has been a strategic partner of Belterra’s and the HPT500 adds yet another creative tournament option that our guests can enjoy weekly,” said Joe Barrett, Belterra Vice President of Casino Operations, ‘We are confident that the weekly, monthly, and quarterly tournaments will be popular, due to the televised annual tournament opportunity and HPT’s marketing and advertising support.”