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partypoker has announced the launch of satellites for the Caribbean Poker Party in the Bahamas, one of the highlights on this year's partypoker LIVE MILLIONS schedule.

This year's Caribbean Poker Party will run from Friday 9th November - Sunday 18th November in a brand new venue, the stunning new resort of Baha Mar, the Caribbean's newest integrated resort destination and casino, located on New Providence Island in The Bahamas. Satellites start in April on partypoker when players will be able to win a package worth $12,000 from as little as $0.50.

More than 2,000 players are expected to attend this year's Caribbean Poker Party including hundreds of qualifiers and a host of partypoker ambassadors and sponsored pros. The total prizepool for the Main Event has been doubled this year to $10 million. In addition to the $10 million guaranteed Main Event, the Caribbean Poker Party schedule also includes the $1k MILLIONS Open, a $10k High Roller, a $25k Super High Roller and $5k MILLIONS Finale.

The spectacular $4.2 billion beachfront development of Baha Mar spans 1,000-acres and is home to over 2,300 guest rooms and suites across three global hotel operators: Grand Hyatt Baha Mar, SLS Baha Mar and Rosewood Baha Mar. The 100,000-square-foot Baha Mar Casino is the largest casino in the Caribbean, boasting floor to ceiling windows overlooking the turquoise blues of the ocean and resort pools. Other amenities include 20 restaurants, bars and lounges; more than 30 luxury retailers; 11 swimming pools; an 18-hole Jack Nicklaus golf course; PBI Racquet Club and the Caribbean's only flagship ESPA spa.

"We are thrilled to welcome partypoker's 2018 Caribbean Poker Party and players to Baha Mar," said Alex Pariente, Executive Vice President, Casino Operations & Marketing, Baha Mar. "Baha Mar Casino is a one-of-a-kind destination, and we look forward to bringing the preeminent poker event in the Caribbean to the Bahamas and celebrating this year's million dollar winners at Baha Mar."

Qualifiers for the event will win an amazing package, which includes their $5,300 Main Event buy-in, nine nights' bed and breakfast for 2 people at Baha Mar, room credit for the resort worth $1,000 and $2,000 cash towards travel expenses. Satellites will start from 50 cents, with quarter finals at $22 and semi-finals at $109. Players can buy-in to any stage of the satellite tree including the weekly finals, which are held every Sunday and come with ten packages guaranteed for a $1,050 buy-in.

Following the popular formula pioneered for all partypoker LIVE events, there will be multiple Day 1s for the Caribbean Poker Party. Players who win their seats online will be able to choose between any of the live Day 1s. Players can re-enter once per Day 1 and can also enter as many Day 1s as they like, with their largest stack being carried through to Day 2. Players who buy directly into Day 1 for $5,300 will start with 1,000,000 chips.

At least three players will become millionaires at Baha Mar - with the winner of the Main Event banking a life-changing $1.4 million. The runner-up and third-place finisher will take home $1.2 million and $1 million respectively, and at least 250 players will be paid, with a minimum payout of $10,000.

Last year's $5,300 Main Event attracted 1,061 entries and was won by Sam Greenwood. The Canadian pro snagged the $1,000,000 first prize after a phenomenal week in which he finished third in the $10k High Roller and runner-up in the $25k Super High Roller. His overall winnings by the end of the festival amounted to more than $1.3 million.

2018 MILLIONS schedule

This year's partypoker MILLIONS series is bigger than ever with events in North America, Russia and Europe as well as MILLIONS Online in December. Overall, the series will be offering a staggering $75,000,000 in guaranteed prize pools between now and December 2018. The first ever MILLIONS Grand Final, which is being held in Barcelona from 7th to 15th of April, will feature nine huge tournaments with a record €23,000,000 in total prize pool guarantees. The first MILLIONS event of 2018 is partypoker MILLIONS Germany at King's Casino Europe in Rozvadov starting 8th February.

Since it launched in Canada last year, the partypoker MILLIONS has made its mark as one of the biggest and most successful poker series ever held. With giant prize pool guarantees and countless ways to qualify online for very small buy-ins, MILLIONS events have proved a massive hit right across the globe.

partypoker LIVE president John Duthie said: "The Bahamas is one of the most amazing poker destinations in the world and being at Baha Mar is going to make this year's Caribbean Poker Party even more special. It's an incredible resort and I think players are going to be blown away by it. Plus there's the poker of course; we have now doubled last year's prize pool guarantees so there's an awful lot of money to be won. This year's Caribbean Poker Party really is a must-play event for everyone."

partypoker President Mike Sexton added: "With satellites starting at just 50 cents on partypoker.com - and with well over six months of qualification opportunities ahead of us - we are certainly going to have more players in the Bahamas than ever before. It's going to be a hugely exciting event. The Baha Mar property is incredible, truly one of the most luxurious locations in the world!"