UB.com Launches Perfect 10 Online Poker Challenge

Running from April 1st to 30th on the USA-friendly online poker site UB.com is the Perfect 10 Challenge. A total of $100,000 will be given away as part of a special Leaderboard Challenge and a top prize of $20,000 is on the line.

Ten $11 buy-in tournaments will be held every day in April. Players who take to the felts in these low-budget events will automatically be entered into the $100,000 Leaderboard Challenge. Tournament Leaderboard (TLB) Points will be awarded to each participant based on their finish. After April showers bring May flowers, a player’s ten best finishes will count towards the $100,000 Leaderboard Challenge. The top 50 spots on the leaderboard will pay out.

What’s up for grabs, you ask? UB.com is dishing out a top prize of $20,000 in cash. Second place on the $100,000 Leaderboard Challenge will pay $10,000, while the third place finisher will bank $5,000. The fourth through tenth place finalists will pocket $2,500 and the top 50 players will nab at least $500. The Perfect 10 Challenge tournaments will run on the hour between 14:00 ET and 23:00 ET daily. All offer normal prize pool distributions.

UB.com pro Joe Sebok commented in a press release distributed by the CEREUS Network site, “The launch of the Perfect 10 and the $100,000 Leaderboard Challenge are the first of many new and innovative promotions set to be introduced at UB.” In light of the annual Aruba Poker Classic being shelved for 2010, Sebok explained, “UB has a completely revamped approach to 2010 and will be working to keep its entire community in the know about all new promotions and events. The offers will be more exciting, more unique, and each one geared towards rewarding our players for playing with us like never before.”

Satellites for the $11 events are scheduled and will cost $2.20. Online, UB.com customers can check out a Player Leaderboard to see where they rank. Also posted is a Team UB Leaderboard showing how the site’s cast of characters stacks up. These will begin updating at Midnight ET on April 1st. The promotion wraps up at 23:59 ET on April 30th.

The UB.com TLB calculator, which is the basis for the promotion, is relatively simplistic. To determine how many points a player will receive in a tournament, they should take the square root of its prize pool and then divide by their finish in the event raised to the two-fifths power. For example, if a player finished third in a $5,000 prize pool tournament, they’d amass about 45 TLB Points. If your head is spinning at the thought of taking square roots, an easy-to-operate Points Calculator is available on UB.com’s website. Satellites do not award TLB Points.

The CEREUS Network encompasses UB.com and Absolute Poker. Players on the latter site can also take advantage of the promotion, dubbed Trip Tens in April. Both rooms will use the same $100,000 Challenge Leaderboard. The CEREUS Network is the sixth largest worldwide according to PokerScout.com, offering a seven-day running average of 2,400 real money ring game players and a 24-hour peak of 3,709. Both online poker rooms welcome real money customers from the United States.

Team UB pros that may be spotted in the field vying for their spot on the pro leaderboard include 2010 National Heads-Up Poker Championship winner Annie Duke, 11-time World Series of Poker bracelet holder Phil Hellmuth, Adam “Roothlus” Levy, Billy “Patrolman35” Kopp, Bryan “badbeatninja” Devonshire, Brandon Cantu, Eric “basebaldy” Baldwin, Matt “mattg1983” Graham, Michael Binger, and former “Amazing Race” contestant Tiffany Michelle.

Look for the $100,000 Leaderboard Challenge tournaments in the UB.com lobby an hour before their scheduled run time.

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Useful poker information:

SHARK - A good/crafty player often posing as a fish early in the game.
CHASE - To continue in a hand, often at poor odds, in the hopes of catching a much better hand. "He called, chasing the flush.".
DRAWING DEAD - A draw in which it is impossible to obtain a winning hand for any of a variety of reasons: an opponent's hand is better than whatever you are drawing to, the card(s) that make your hand are out of play, or (in Hold'em) give an opponent a stronger hand even if it makes yours. Frequently used in the past tense, since one rarely knows it at the time.
OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
COLD CALL - Calling both a bet and raise at the same time, as opposed to calling a bet then later calling a raise made after the call.
BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".

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