Starting tomorrow, October 7, 2009, Full Tilt Poker is running a new promotion it calls the Piece of Ivey, named obviously for Full Tilt Poker pro, 2009 November Niner, and one of the most successful poker players in the world, Phil Ivey.

Up for grabs? A share of Phil Ivey’s winnings at the 2009 World Series of Poker Main Event Final Table. To be precise: 6% of his winnings plus an added $150,000 by Full Tilt.

How it works is like this: Players earn tickets by playing at cash game tables at Full Tilt Poker. The tickets are then entered into a raffle drawing. Actually 3 raffle drawings.

There’s a “5% of Ivey” drawing in which 9 players earn a seat in an exclusive Sit & Go, with the total prize pool at stake equal to 5% of Phil’s WSOP Main Event take. That drawing will occur at 10 pm ET on Friday, November 6 with the special Sit & Go taking place the next day, November 7, at 2 pm ET.

There’s a “1% of Ivey” drawing in which players vie for seats in an exclusive $50,000 freeroll tournament, the winner of which will get, besides largest share of the pot, an addition 1% of Ivey’s 2009 WSOP Main Event take. The drawing for the $50K Freeroll is November 6 at 10 pm ET and the tournament is November 7 at 2 pm.

Finally, there are cash prize drawing daily, with over 600 cash prizes awarded every day throughout the Piece of Ivey promo. These “Daily Cash Draws” will happen every morning at 6 am ET. In all, $150,000 will be given away this way.