MUMBAI: Moneycontrol, one of India’s leading business and financial platforms under Network18, has joined hands with online gaming platform Spartan Poker to announce, ‘Poker for People’.
The competition sees moneycontrol introduce an online and offline poker championship to its users for the very first time. The tournament, with a prize pool of Rs 25 lakh will offer the avid poker enthusiast the chance to try their luck at the table and take home a cash prize.
With the game of poker being a highly skill-based game that requires utmost foresight, planning and the ability to take calculative risks. Moneycontrol draws a parallel between the card game and the stock market for their audience. In order to participate, one can now register themselves on a page created on the moneycontrol website.
This will see them avail a ticket to the live game to be held in Mumbai on 29th March 2020. The top 20 players from each qualifier will get guaranteed seats at the main event. Each of these 16 qualifiers will be a freezeout tournament, indicating a win-or-bust format, which won’t allow a contestant the option for a rebuy should they lose. These 16 rounds will see a total of 320 players qualify for Main Event.
Commenting on this activity, moneycontrol business head Gautam Shelar said: “Moneycontrol, as a brand, believes in empowering its audiences with the latest financial know-how and equip them with information and advice that will help them make smarter and better investment decisions. Poker is purely a skill-based mind game where the outcomes are decided by the aptitude and analytical capability of the player, which is extremely similar to the stock market. In addition to their stellar poker skills, we are confident that with the lessons learnt through their stock market dealings and investments, participants shall use these experiences as well as they look to take home the grand prize.”
