A new live poker series will take place one week from now on Jeju Island in South Korea. Little is known about the upcoming Jeju International Poker Tour (JIPT) from April 7 to 14, 2024, as this is the very first stop. However, chances are pretty high that the new operator is Lee Seok Young, also known as “Tiger Lee”, former CEO of numerous poker pubs in Seoul. Lee was among those to spread the news about this particular brand new series.
Coincidentally, it is only the second time that a major live poker event is taking place at the Royal Palace Casino in the Oriental Hotel Jeju. The previous international poker tours were held way back in 2013.
Everything we know about Jeju International Poker Tour
More than 11 years later, live poker returns to the same venue with Jeju International Poker Tour (JIPT) unveiling a diverse schedule which includes a total of 22 tournaments and several milestone satellites. The event is described as an international competition where both Korean and foreign players are allowed to enter, though Koreans need a seed (ticket/vouchers) to enter. This system has been in use for most other live poker events in South Korea, with the card game having gained a rapid increase in popularity in the country throughout the last few years. As for the international contingent, a large turnout of Chinese players are expected to attend.
Flagship tournament of the series is the 2024 JIPT Jeju Main Event, which comes with an ambitious guarantee of KR₩ 600,000,000 (~USD 444,000) and a buy-in of KR₩ 1,700,000 (~USD 1,250). A total of four starting days are available, three of which feature 60-minute levels and the final turbo heat has a level duration of 20 minutes each. The registration for each flight is open for the first eight levels.
Three Single Day High Rollers are part of the schedule with buy-ins ranging from KR₩ 2,500,000 to KR₩ 4,000,000. Several other tournaments feature a bargain buy-in of KR₩ 200,000 (~USD 150), which appears to be geared towards the recreational players.
All of the tournaments are held in the traditional Hold’em format and it appears that the series is connected to the Korea Holdem Association (KSH). The KSH Facebook page advertises several other live poker events all across South Korea.
Jeju International Poker Tour – Schedule
*Article by Christian Zetzsche
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