Enjoy The Monthly Reverse Auctions At Ladbrokes Poker
Sunday, 27. June 2010

Ladbrokes Poker has held a reverse auction each and every month since the launch of their Poker Points Shop this past April. This July, there is an incredible Ladbrokes Poker Cruise IV prize package worth £4,000 on the auction block. Players have two ways in which to participate in the reverse auction, they may redeem 1,057 Poker Points for a bid or win a bid in the monthly Poker Player Club Freerolls.

In a standard auction, the highest bidder wins the auctioned item. In Ladbrokes Poker’s reverse auction, the lowest unique bid wins the item. For example, if there are three people bidding and two of the people bid $1 and the third bids $2 then the third person’s bid of $2 would win the item.

As mentioned above, players may purchase the right to place a bid with 1,057 Poker Points. Ladbrokes Poker awards players Poker Points as they play in real money ring games and tournaments. In real money ring games, players earn 10 Poker Points for every $1 that they contribute in rake. In real money tournaments, players earn 10 Poker Points for every $1 that they pay in tournament fees. Players may use Poker Points to purchase items from the Ladbrokes Poker Points Shop and to pay certain tournament entries.

Ladbrokes Poker Poker Points are also used to establish a player’s status in the Poker Player Club, Ladbrokes Poker’s VIP program. The Poker Player Club is a 4 tiered loyalty program with each progressive tier offering players progressively better rewards. As part of the rewards, each tier provides its members with a monthly freeroll opportunity. This July, the freerolls will reward the top finishers with a bid for the Ladbrokes Poker Cruise IV prize package. The Poker Player Club Freerolls are as follows:

€ 250 Bronze Freeroll
Date: July 15th
Prize: € 250 prize pool, top 10% receive a bid for the £4,000 Ladbrokes Poker Cruise IV prize package.

€ 1,500 Silver Freeroll
Date: July 15th
Prize: € 1,500 prize pool, top 20% receive a bid for the £4,000 Ladbrokes Poker Cruise IV prize package.

€ 1,750 Gold Freeroll
Date: July 15th
Prize: € 1,750 prize pool, top 30% receive a bid for the £4,000 Ladbrokes Poker Cruise IV prize package.

Members of the VIP tier of the Poker Player Club receive a ticket to all three of the above freerolls, giving them even more chances to win a free bid.

The Ladbrokes Poker Cruise IV is scheduled to set sail from Ft. Lauderdale, Florida on January 22, 2011 and will make it‘s return on January 29, 2011. The cruise is scheduled to make 3 stops in truly beautiful locations: Labadee; Falmouth, Jamaica and Cozumel, Mexico. The 2011 Ladbrokes Poker Cruise isn’t all play; the cruise will play host to four separate tournaments aimed to cater to all tastes. The £4,000 Ladbrokes Poker Cruise IV prize package includes: ocean view balcony for two, the £500 Main Event buy-in, entry into the Festival of Poker, exclusive Ladbrokes Poker activities and entertainment, meals and £950 towards travel and expenses.

Join Ladbrokes Poker and start your journey to the Caribbean today.