The tournament itself has a $535 buy-in, but players can satellite in throughout the month, with buy-ins for $1M Monthly Guarantee satellites at 50 Full Tilt Points or $1 and up.

If you win more than one satellite, all those after your first land you $535.

Full Tilt is running multiple ongoing 4 player, 9 player, 36 player, and 54 player Sit ‘n Gos daily, as well as schedule tournaments every few minutes throughout the day. All at a wide array of buy-ins.

And here’s a nice bonus: the $1M Full Tilt Monthly Guarantee Tournament Satellite Challenge, a side-bet of sorts. Just keep winning those satellites and climb up the leaderboard. Whoever ends the month atop the leaderboard for the most number of $1,000,000 Monthly Guarantee Satellites won, wins $1,000. Second gets $500.

The Full Tilt Online Poker Series 12 has just ended and the players, of course, are happy as ever. The FullTilt Poker operators? Not so much. Just look at the main event, for one…

The FTOPS XII main event had a scant 4,581 players paying the $500 + $35, bringing the prize pool to about $2.3 million. Only problem is, the guarantee was $2.5 million, so Full Tilt had to cover the remaining $200,000 from their “profits”. With only $160,000 raked in from the $35 entry fees, Full Tilt took an over $40,000 loss on this event.