"Colossus II" To Feature Guaranteed First Place Prize of $1,000,000
Published on December 28th, 2015 7:17 pm EST![2016 World Series of Poker note - Save the dates](https://www.poker-king.com/images/articles/wsop_2016_save_the_date.jpg)
According to tournament organizers, the first open event of the 2016 World Series of Poker will be the second edition of the popular "Colossus" event. "Colossus II", however, will feature a number of tweaks that are designed to make the tournament even bigger than last year.
The tournament, which will feature a buy-in of $565, will get underway on Thursday, June 2nd. One of the major changes will see the number of entry flights expanded - in addition, the tournament will now allow re-entries.
The guaranteed prize pool for the event has been increased from $5 million to $7 million, while the eventual winner of the event is now guaranteed a minimum of $1,000,000. Tournament organizers also note that the format first introduced at the WSOPE Oktoberfest event will now be used, meaning that there is a possibility for players to cash multiple times in the event.
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The inaugural "Colossus" event at the 2015 World Series of Poker ended up drawing a total of 22,374 entries, which created a total prize pool of $11,187,000. Cord Garcia of Houston, Texas took down the tournament for a total of $638,880.
The 2016 edition of the tournament is expected to be even bigger, with the eventual winner taking home at least $1 million.
Source: WSOP.com - World Series of Poker Announces 2016 Dates
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Filed Under: The World Series of Poker