Poker Stars [read review] is one of the most popular online poker sites in the world, and it is known for attracting some of the best players in the game. The site is also known for offering some great promotions. The latest awesome offering is the Red Spade Open - an online poker tournament featuring a $1,000,000 guaranteed prize pool.

The next Red Spade Open will be the third such tournament that Poker Stars [read review] has offered. It will take place on Sunday, February 26 at 3:00 pm, Eastern time. The buy-in for the tournament will cost players just $55, but those who have earned enough frequent player points may be able to enter for just 3,100 poker bonus points if they have earned the proper VIP club status.

All Poker Stars [read review] players are encouraged to enter this tournament. The top prize will be at least $200,000, and there will be $100 bounties for eliminating Poker Stars [read review] team members. This is a great way for players to test themselves against the most talented poker minds in the world.