Online poker tournaments are attracting record numbers of poker fans to poker sites. And one recent tournament, the Poker Stars $1 Million Guaranteed, has gone a long way to show just how lucrative the world of online casino poker has become.

While online tournaments attract far fewer players than traditional land-based events, the prize pools available are fast proving that online gambling operators are more than capable of rivaling land-based companies. 1301 poker fans signed up for the Poker Stars $1 Million Guaranteed tournament with a $1000 plus $50 buy in. The tournament was billed as a $1.3 million prize pool and the average stack at the final table tallied to $425, 000.

During the final, $262.151 was up for grabs. The second place winner claimed a cool $161, 974.50 for his efforts, while all remaining eight finalists were awarded with amounts over $18, 000 for their efforts.

While the Poker Stars $1 Million Guaranteed gained healthy publicity, it is by no means a one of a kind tournament. Several top online poker sites regularly run tournaments on a weekly basis and are directly responsible for creating thousands of new online poker fans each month.

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