If you can become the King of the Felt at Bodog Poker, there is definitely a lot in it for you in terms of both cash and other prizes.

The King of the Felt promotion at Bodog Poker is perhaps one of the most interesting new promotions to come off the wire in a long time. This promotion gives you a chance to earn a ticket for a weekly drawing by cashing in at least three non-double, non-beginner, non-heads up sit and go tournaments in a single week.

At the end of the week, all of the people with tickets will have those tickets go into a raffle drawing and the winner of the raffle will then get a chance to play a tournament against the current King of the Felt for a chance at the title and a cash prize of $1000. At the end of the tournament, the entire process continues for another week.

However, if you are diligent, you can cash in on the promotion even more than that. For anyone that earns at least 6 cashes in sit and go tournaments over the course of that week, there will be a second entry into the draw as well as a free ticket for a $1000 freeroll tournament. Earning at least 9 cashes will give you a third entry into the draw and another ticket for a $500 freeroll in addition to the first freeroll ticket. Therefore, if cashing in 9 sit and go tournaments per week is something you normally do anyway, this time you’ll get the chance to make a lot of money out of the deal.

In addition to all of these prizes and the $1000 prize for each heads up tournament at the end of the week, players can win extra prizes if they manage to successfully defend their King of the Felt status over successive weeks. Any player that can maintain the spot for 5 straight weeks will get a bonus of $2500 and any player able to do it for 10 straight weeks will get a free entry into the World Series of Poker Main Event 2011.