Donkaments. Now part of RAI$E.

Updated on: September 4, 2009 - 1:50 PM ET

The $50,000 tournament with a points-only buy-in.

UltimateBet is putting $50,000 in cash on the line in a new monthly tournament that's easy on your bankroll.

They're called Donkaments, they go down on the 2nd Sunday of every month at 2:30pm ET and you can't use real money to get into them. Satellites run daily from 12:05am - 11:55 pm ET.

All it takes to play in each Donkament is a bunch of UltimatePoints. You can buy directly in for 10,000 of them or you can secure a spot through an UltimatePoints qualifier for as little as 100 UltimatePoints.

Who's all in? Well, that's where it gets interesting. Because Donkaments don't cost actual cash to get into, you'll find players of every skill level vying for a nice slice $50,000 in cash.

Put your money away. You can't buy into a Donkament with cash. UltimatePoints only, folks.

To earn UltimatePoints, all you need to do is play real-money poker at UltimateBet. Click here to see how easy it is to accumulate UltimatePoints.

Remember, with RAI$E, UltimateBet's industry-leading loyalty program, you'll earn more UltimatePoints as you climb up the RAI$E ladder thanks to a nifty UltimatePoints multiplier that increases based on where you rank. Get all the details.

No UltimatePoints yet?

Download our free online poker software and hit the real money tables to start earning UltimatePoints. Not only will you gain access to Donkaments, you'll also earn some amazing rewards through RAI$E.