Thought this was an interesting concept that might catch on across the industry much like freerolls have!!! PokerHost just launched a huge new promotion - you can now use your play money at the site to play for real money!
More details:
"We are now offering 10 person Sit n' Go's that pay out real money to first place. That's right!! Use your play money chips to sit down at our Sit n' Go's and have the opportunity to win real money if you come in FIRST PLACE!!!
Play Money Chip Buy-In : 1st Place Payout
30,000 : $3.00
50,000 : $5.00
80,000 : $8.00
150,000 : $15.00
We are now offering a $0.02/$0.05 table with a minimum buy-in of $1.00 called Cadillac. Do you want to try your hand at real money without depositing? Play in our Sit n' Go's to earn a little cash and then go sit in our $0.02/$0.05 or $0.05/$0.10 tables and try your hand at Real Money poker play."
Kind of a neat idea to try to convert play money players to real money ones.
http://www.PokerHost.com has been coming up with some pretty innovative promotions lately... first the "freeroll marathons" (96 freerolls in 24 hours) and now the ability to build a bankroll from play money!