More big news came courtesy of courtesy of PokerStars headquarters on Tuesday, Oct. 27, with an announcement that the buy-in for the the PokerStars and Monte-Carlo®Casino European Poker Tour Grand Final Main Event will now be €5,300. Previously, the event garnered a €10,600 buy-in.
The decision comes in line with a similar one at the end of August, when PokerStars announced it was lowering the 2016 PokerStars Caribbean Adventure Main Event buy-in to $5,300 from $10,300.
"We're making these changes to bring the Grand Final more in line with other stops such as Prague and Barcelona, which have created record-breaking fields over the last couple of years, by giving a large percentage of players what they’ve been asking for — the opportunity to play more tournaments within their bankroll, while also making the Main Event more accessible to a wider number of players around the world," said Edgar Stuchly, Director of Live Events for PokerStars. "The Grand Final schedule will continue to have a wide range of buy-ins, all the way up to the incredible €100,000 Super High Roller."
The EPT Grand Final Main Event has attracted an average field size of 630.5 entries through the first 11 seasons of the tour, with all years coming with the five-figure prize tag. The largest turnout was during Season 5 in 2009 with a field size of 935.
Since 2005, when the EPT kicked off with Season 1, the Euro-USD relationship hasn't been closer than it is currently. If the current market holds, a €10,600 buy-in would've been the cheapest it has ever been for American players traveling to Monte Carlo. At time of writing, €10,600 equals approximately $11,695. That's more than $2,100 less than the 11-season average of $13,850 for American players. When comparing a buy-in to the British Pound, €10,600 would've been the fourth cheapest in the history of the tour and nearly £600 cheaper than the previous 11-season average.
PokerNews caught up with some pros at EPT12 Malta to get their reaction:
For complete information, please head to EPT.com.