A new exciting tournament “Avalanche” was launched on the 3rd of January by Everest Poker. The event is said to last 9 months, and it consists of 3 rounds. The prize pool, as it is claimed, is $1 million.

What is amazing and very exciting is the fact that players will be allowed to join at any levels. One more thing is that players with different gaming skills and experience will be able to take part in it.

So, Round 1 satellites is for the little up-front risk players whose buy-ins make up $3 plus 30 or $11 plus 1. Those who are more confident can take part in Round 2 satellites. Their buy-ins are $56 plus 5. Those players with big bankrolls skipping to the top can choose either $530 plus 30 buy-ins in Round 3 or the Online Avalanche Finale for $5000 plus 300 which will take place on September 17, 2007.

The prize for the ten finalists of the Online Avalanche Finale will be a trip to a secret place, where they will take part in live final table with the prize pool – $1 million.