The Winning Poker Network enjoyed a successful debut of its innovative “The Cage” event last month under a No-Limit Hold’em format and has announced a new edition this month that will be played as Pot-Limit Omaha.
In October, 66 players either ponied up the $5,100 entry fee or won their seat via a wealth of satellites available in the first The Cage match that reached $330,000 in prize money. The Cage combines tournament and ring game action by playing under a cash game format that includes a time limit and escalating blinds.
The success of the inaugural debut led to The Cage II as NLHE scheduled for November 12. Two weeks later on November 26, the first-ever PLO match will be played at WPN, giving lovers of Omaha a chance to get in on the action.
Both the PLO and HLHE contests have set the buy-in at $5,100, as was October’s event. However, a slight modification has increased the time limit from three hours to four. Three blind levels remain, each at one hour and 20 minutes –up from the one-hour levels in The Cage debut.
Players who happen to bust out before the four hours are up are prohibited from re-buying, forced to leave The Cage penniless. Those players still in The Cage after four hours will have their remaining chips converted to cash. Players begin The Cage event with $5,000, and chips retain their real dollar value.