World Poker Tour to Launch Sweepstakes Poker Site

The World Poker Tour (WPT) has announced the upcoming launch of a new online poker platform called ClubWPT Gold.

The WPT Champion of Champions poker trophy alongside the top cash prize. (Source: World Poker Tour)

Listen to this news articleLISTEN TO THIS ARTICLE:

This new site will operate under a familiar sweepstakes model, offering players in most parts of the US an opportunity to legally compete in poker games and redeem their winnings for real money prizes. ClubWPT Gold is set to go live this December. It will get started with a $5,000,000 freeroll event timed to coincide with the WPT World Championship at the Wynn in Las Vegas.

The platform will feature two distinct modes of play. The first is the free play mode, where players use Gold Coins. These coins cannot be redeemed for cash or prizes and are intended for those who want to play poker purely for entertainment.

Related: Best US Sweepstakes Casinos 2024

The second mode involves Sweeps Coins, which are a key feature of the platform's sweepstakes model. Players cannot buy Sweeps Coins directly; instead, they receive them as free gifts when purchasing Gold Coins or through various promotional offers. Unlike Gold Coins, Sweeps Coins can be exchanged for real money prizes, making this mode of play particularly appealing to those who want to experience the thrill of winning without the complexities of traditional online gambling.

The launch of ClubWPT Gold comes at a time when sweepstakes poker, also known as social poker, is growing in popularity in the US. For several years, sweepstakes-based poker platforms have offered players an alternative to traditional online poker, particularly in regions where online gambling laws are more restrictive.

This model allows operators to legally offer poker games by using virtual currencies and sweepstakes prizes. However, the options available to players have been somewhat limited until recently. New platforms are beginning to emerge in 2024, providing more opportunities for players to participate in this type of poker experience.

More Business News

The Next Step in Poker Evolution

While WPT already has a presence in the sweepstakes space with its ClubWPT subscription site, ClubWPT Gold marks a significant evolution. The existing ClubWPT is a membership-based platform that offers online poker tournaments without real money prizes.

ClubWPT Gold, on the other hand, fully embraces the sweepstakes model, allowing players to use Sweeps Coins for real-money prize redemptions. This shift allows WPT to offer a more flexible and attractive option for players looking to engage in sweepstakes poker while maintaining the legal compliance necessary for most regions in the US

Although specific details about the site's interface and complete game offerings have yet to be disclosed, it is expected that ClubWPT Gold will include various types of poker games, such as ring games, tournaments, and qualifiers for major live WPT events. The platform's $5,000,000 freeroll will be one of the highlights of its launch and will serve as an enticing incentive for early adopters. Players who preregister for the site in the weeks leading up to the launch will have opportunities to win seats in this high-profile event through various promotional campaigns.

RELATED TOPICS: Business

Leave a Comment

user avatar
My Name United States of America
Rating:
0.0
Your Comment

User Comments

Comments for World Poker Tour to Launch Sweepstakes Poker Site