Bodog Poker is offering the chance for their users to join the ranks of poker royalty. Thanks to their upcoming King of the Felt promotion, two players each will compete each week for the prestigious King of the Felt crown.

Lining up for this particular honor is quite simple. All one must do is cash in a minimum of three qualifying sit and go’s, which will earn a ticket in the weekly drawing. At the end of the week, Bodog will select one lucky qualifier, who will then be pitted against the previous week’s King of the Felt in a heads-up match.

The winner of this battle royale will win $1,000 in free cash, plus the right to challenge the next week’s heir tot he throne. But who’s to say that the incumbent can’t stick around for a while? The longer the king defends their crown, the better their chance at receiving additional prizes. After a five week streak, the reward kicks up to $2,500. After another five, ten-week winners will earn a shot at earning a seat to the 2011 World Series of Poker.

As mentioned before, all a player must do is earn three cashes in qualifying sit and go tournaments. For each set of three that a user completes, another ticket will be thrown into the hat. Essentially, it’s a raffle, giving the winner of the most sit and go’s the highest statistical chance of winning a joust with the King.

There are even further incentives available to aspiring participants. By earning two tickets toward their King of the Felt bid, players will also receive entry into a $1,000 Freeroll tournament. Players with three or more tickets will earn this same $1K shot, plus an additional invite to a $500 freeroll.

Certain types of sit and go’s, however, will not count toward a player’s ticket totals. Heads up, Beginner, and Double Up Tournaments are each excluded from the running.