The second season of the Poker Sports League is in the cart; it has registered an immense growth in the prize money whereas the entry fee has grown slightly. Rs 1.5 crore was offered to Delhi Panthers, the winning team of its inaugural season. But the team owned by Rishi Kajaria of Kajaria Ceramics had paid only Rs 35 lakh as its league entry fee. Yes, 35 lakh was the entry fee for the first season organised by PSL.
There will be 140% growth in the prize money offered to its upcoming season winner, but the league entry fee will also be increased by 64%. The prize money for the second season of this poker league will be 3.6 crore whereas the entry fee is locked at Rs 57.5 lakh. Driven by the response of its inaugural season, the owners; Anuj Gupta, founder of poker portal Adda52.com; Pranav Bagai, founder of India Poker Legend; and Amit Burman, the vice chairman of Dabur; are planning to organize its next season. They have locked ten franchises for next eight years with the promise of spending 150 crore.
Amit Burman said, “The first season was only a trailer of what is set to become India’s first and credible and fully carved out poker league. We received a sizeable response from both aspiring players and corporates last season.” According to him, all the team owners have decided to continue their association with PSL, and the PSL is looking forward to getting two new franchises in the years to come. However, the league is promised to increase its entry fee every year. It will cross the boundary of 1 crore by the fifth year.