The big day has arrived. After hosting three days of fun at the beautiful Atlantis Resort in the Bahamas, DraftKings is putting on the biggest fantasy baseball event in the history of the daily fantasy sports industry. One fantasy baseball player will take home $1 million after the full slate of Major League Baseball games is completed tonight.

The DraftKings Fantasy Baseball Championship will take place at the Aura Nightclub in Atlantis beginning at 7:05 p.m. ET. Over past few months, DraftKings hosted 50 qualifiers for a seat into this event, with each package worth $54,500. The event ticket itself is worth $50,000, meaning a total of $2.5 million will be awarded here in Paradise Island.

The preparation for this evening's event has already begun. Each participant will select a team of 10 MLB players from today's games using a fixed salary cap of $50,000 set by DraftKings. The selection process involves a wide range of variables, including batter-versus-pitcher matchups, recent player performance, park dimensions, and even weather. Many of the same players will be selected, but it is highly unlikely that we'll see any duplicate lineups tonight.

Once the lineups are set and the games begin, points are assigned to individual statistics (i.e. HR=10, RBI=3, RUN=2, etc.) and the winner is determined by which team accrues the most points with their 10-player roster.

Everyone will go home with at least $7,500 tonight, but of course the biggest check — worth $1 million — will be handed to the winner. PokerNews will be at Aura for complete coverage of the event, so keep your browsers locked here all evening!

Tags: DraftKingsDraftKings Fantasy Baseball Championship