On Monday, Full Tilt announced that they have a new series, Onyx Cup, of high stakes live events on its way. Onyx Cup will be comprised of 6 No Limit Holdem tournaments in USA, Europe and Asia. The buy-in for each event will be between $100,000 and $300,000. The top 3 players in each event will receive points and at the end of the season the player with the most points will receive a luxury sports car - along with the Onyx Cup title.
The first event will take place in Las Vegas May 11-12. All events will be filmed and broadcasted in 20 languages in 40 different countries. Anyone who can afford the buy-in can take part in Onyx Cup. It's also possible to qualify online at Full Tilt Poker (starting on March 15).