Wednesday marked the beginning of the Full Tilt Online Poker Series VII, with the first event, $750,000 guaranteed no limit holdem, which started at 9:00 p.m. EST on Wednesday. The Full Tilt Online Poker Series VII is a 20-event series of online poker tournaments with guaranteed prize pools ranging from $100,000 to the $2 million that is guaranteed in the main event which will take place on February 17 at 6:00 p.m. EST.
Full Tilt will be rewarding the players with more than just money. All players that make the final table will be rewarded with a Full Tilt Online Poker Series jacket and the winner of each tournament will receive an exclusive avatar that is wearing the FTOPS jacket for their use at the poker tables. The player who is eliminated on the bubble in each event will be compensated with an entry into the Bouncebackability freeroll, which sends the winner into the main event. This reward does not apply to the main event, of course.
Full Tilt Poker pros will be featured prominently throughout the events, with each tournament being hosted by a Full Tilt Poker pro. There will also be a pro chat session before each event. Some events in the FTOPS will be scheduled for times that accommodate European poker players, and European Full Tilt Poker pros will be hosting these events.
Full Tilt is making it easy to enter the events, with satellites constantly running. Full Tilt is also awarding cash prizes equal to the cost of playing in the event to players who win more than one seat into an event. The player who wins the most extra seats to an event will win an additional two seats worth of cash, while the player with the second-most extra seats will win one additional seat worth of cash, deposited into their account.
Below is the schedule of events. All times listed are Eastern Standard Time.
| Event # | Time | Game | Guaranteed Prize Pool | Buy-in |
| 1 | Feb 6, 9:00 p.m | No Limit Holdem | $750,000 | $200 + $16 |
| 2 | Feb 7, 2:00 p.m | Pot Limit Omaha Knockout | $100,000 | $240 + $16 |
| 3 | Feb 7, 9:00 p.m | HORSE | $300,000 | $500 + $35 |
| 4 | Feb 8, 2:00 p.m. | Pot Limit Holdem | $100,000 | $200 + $16 |
| 5 | Feb 8, 9:00 p.m. | Limit Holdem 6-Max | $150,000 | $200 + $16 |
| 6 | Feb 9, 2:00 p.m | Pot Limit Holdem 6-Max | $250,000 | $500 + $35 |
| 7 | Feb 9, 4:30 p.m. | No Limit Holdem Rebuy | $400,000 | $100 + $9 |
| 8 | Feb 10, 2:00 p.m | No Limit Holdem 6-Max Knockout | $150,000 | $120 + $9 |
| 9 | Feb 10, 6:00 p.m. | No Limit Holdem | $1,000,000 | $300 + $22 |
| 10 | Feb 11, 9:00 p.m. | No Limit Holdem 6-Max | $1,000,000 | $1000 + $60 |
| 11 | Feb 12, 9:00 p.m. | Limit Omaha Eights or Better | $200,000 | $200 + $16 |
| 12 | Feb 13, 2:00 p.m. | No Limit Holdem 6-Max Rebuy | $1,000,000 | $300 + $22 |
| 13 | Feb 14, 2:00 p.m. | Pot Limit Holdem/Pot Limit Omaha | $100,000 | $200 + $16 |
| 14 | Feb 14, 9:00 p.m. | Razz | $150,000 | $300 + $22 |
| 15 | Feb 15, 2:00 p.m | No limit Holdem 6-Max | $150,000 | $200 + $16 |
| 16 | Feb 15, 9:00 p.m. | Seven Card Stud | $200,000 | $200 + $16 |
| 17 | Feb 16, 2:00 p.m | No Limit Holdem 2-Day | $1,500,000 | $2500 + $120 |
| 18 | Feb 16, 4:30 p.m. | Pot Limit Omaha Rebuy | $300,000 | $100 + $9 |
| 19 | Feb 17, 2:00 p.m. | No Limit Holdem Knockout | $300,000 | $240 + $16 |
| 20 | Feb 17, 6:00 p.m. | No Limit Holdem | $2,000,000 | $500 + $35 |