One of the benefits to gambling in the high-stakes poker industry is that top players invariably go home with at least some winnings to show for their efforts. The high-stakes online casinos poker gambling industry is no different in methods of divvying out the prize pool winnings. Everest Poker one of the fastest growing online casinos poker sites on the Web – having just launched in 2004, the site now boasts and ever-growing base of concurrent poker and casino players on the site. The latest tournament offering from Everest Poker is the annual Everest Avalanche Online Poker tournament. The site holds the tournament on a cruise liner and offers a guaranteed $1 million prize pool.

Taking place on a Royal Caribbean cruise ship at the end of the month, the online casinos poker players will compete for the top prize, $220,000. Naturally, like most land tournaments, the payouts are on a sliding scale with the winner going home with the lions share of the prize pool. In this case, the second place online casinos poker winner in the event will walk with $120,000. The total continues to decrease depending on where winners place, but even the tenth gambler will win $12,500 from the tournament.

The ten players competing in the Avalanche event were selected from previous qualifying games and poker play on the site. The ten finalists selected provide a cross-section of the online casinos poker gambling industry. The ten individuals include: Jelmer Attema and Wing Kwok Tang from the Netherlands; Andreas Robert Peschel, Mieczyslaw Basara, Andreas Hoffman, and Monika Kees from Germany; Brice Cousin and Fabien Cauvet from France; Smael Arribas Munoz from Spain; and Stefan Anders Hägg from Sweden.

The online casinos poker gamblers will all participate in the event which begins on May 29th and runs though the 2nd of June.