Global Poker announces their largest tournament yet.

The crew over at GlobalPoker.com is at it again.

Still basking in the glow of their second successful championship series, The Grizzly Games, Global Poker has announced their largest tournament ever. The Main Event of Global Poker Madness will arrive with a Main Event of SC$200,000 – that’s four times the guarantee of the previous largest tournament.

Pure Madness

At the end of the Grizzly Games, officials at Global Poker began to hint at what was next. Now, there’s some concrete info: Global Poker Madness. Taking place on April 1, the Main Event, which they call “The Nuts” is no joke. It boasts a SC$200,000 guarantee with a SC$540 buy-in and it easily eclipses the largest offering the site has ever attempted.

That’s $200,000 in cash prizes that will be awarded to players.

Step Into The Main Event

As Global Poker pushes the envelope to offer larger and larger tournaments, they want to be able to include as many players as they can. That’s why they are offering a slate of satellites every day from now until the Main Event to help players take a shot at glory for as little as possible.

Stage 1 – The Mild Satellites – Get started for a mere SC$1.50! A Stage 2 tournament ticket will be awarded for every SC$11.00 in the prize pool.

Stage 2 – The Moderate Satellites – Win Stage 1 or buy-in for SC$11.00 and for every SC$77.00 in the prize pool a Stage 3 tournament ticket will be awarded.

Stage 3 – The Extreme Satellites – Win in Stage 2 or buy-in for SC$77.00 and for every SC$540 in the prize pool someone will punch their ticket to the Main Event. Every Saturday in March at 4:20 pm ET, there are Stage 3 tournaments with a minimum guarantee of 10 seats.

Stage 4 – The Nuts! – If you’ve got them, you can buy directly into the SC$540 tournament where SC$200,000 is guaranteed.

Get In On The Action

Global Poker caters to players based in the U.S. and Canada thanks to their unique sweepstakes-based system. This allows players to ante up and to cash out with the ease of PayPal. The site uses two different forms of currency: Gold Coins and $weeps Cash. Gold Coins has no cash value and allows you to play poker for fun while testing your skills. When you purchase Gold Coins, you are awarded $weeps Cash. For every dollar of $weeps Cash you have or win, you can redeem it for real cash via PayPal.

So when Global Poker offers up the Main Event of SC$200,000 ($weeps Cash) that means there’s $200,000 up for grabs.

Check out the full slate of Global Poker Madness satellites over on their website!